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Entry Level Technology Risk Management Jobs in Chicago, IL

Federal Reserve System

Senior IT Auditor

Chicago, IL · On-site

$96K - $127K/yr

Evaluates IT projects and programs to assess control effectiveness, governance, and risk management practices, delivering formal assessment reports * Monitors key IT risk indicators for specific ...

The Walsh Group

Risk Counsel

Chicago, IL · On-site

$104K - $155K/yr

The Risk Counsel oversees and manages litigation and claims within the Company's insured Portfolio ... Walsh is a successful fast-growing company at the forefront of technology and is committed to being ...

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Entry Level Technology Risk Management information

See Chicago, IL salary details

$44.8K

$106.8K

$172.6K

How much do entry level technology risk management jobs pay per year?

As of Jun 19, 2026, the average yearly pay for entry level technology risk management in Chicago, IL is $106,830.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $136,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Entry Level Technology Risk Management professional, and why are they important?

To thrive as an Entry Level Technology Risk Management professional, you need a foundational understanding of IT systems, risk assessment concepts, and a relevant degree such as in information technology or cybersecurity. Familiarity with risk management frameworks (such as ISO 27001 or NIST), basic proficiency in tools like GRC (Governance, Risk, and Compliance) platforms, and sometimes introductory certifications (like CompTIA Security+) are valuable. Strong analytical thinking, attention to detail, and effective communication are key soft skills that help you identify and convey risks clearly. These skills are essential to effectively identify, assess, and mitigate technology-related risks, ensuring organizational security and compliance.

What is the difference between Entry Level Technology Risk Management vs Cybersecurity Analyst?

AspectEntry Level Technology Risk ManagementCybersecurity Analyst
CertificationsCompTIA Security+, ISO 27001, CISSP (entry-level)CompTIA Security+, CEH, CISSP (entry-level)
Work EnvironmentRisk assessment, policy development, complianceMonitoring security systems, incident response, threat analysis
Industry UsageFinancial, healthcare, technology firmsIT security firms, corporate IT departments

While both roles involve security and risk, Entry Level Technology Risk Management focuses on identifying and mitigating technology risks and ensuring compliance, whereas Cybersecurity Analysts primarily monitor and respond to security threats and incidents. Both roles require similar certifications and often work in overlapping environments, but their core responsibilities differ in scope and focus.

What is entry level technology risk management?

Entry level technology risk management refers to roles focused on identifying, assessing, and mitigating risks associated with information technology systems and processes within an organization. Individuals in these positions help ensure the security, integrity, and compliance of IT operations by assisting with audits, monitoring systems, and adhering to regulatory standards. These roles are typically suited for recent graduates or professionals with limited experience in risk management or IT security. The position often serves as a starting point for a career in technology risk, offering training and development opportunities to build expertise in the field.

What are some typical challenges faced by entry level professionals in technology risk management, and how can they overcome them?

Entry level professionals in technology risk management often encounter challenges such as quickly learning complex regulatory frameworks, understanding technical systems, and communicating effectively with both technical and non-technical stakeholders. Adapting to a fast-paced environment where priorities can shift rapidly is also common. To overcome these challenges, new hires should proactively seek mentorship, participate in training sessions, and regularly collaborate with team members in IT, audit, and compliance. Building a strong foundation in both risk concepts and technology, while remaining open to feedback, helps accelerate learning and integration into the team.
What are the most commonly searched types of Technology Risk Management jobs in Chicago, IL? The most popular types of Technology Risk Management jobs in Chicago, IL are:
What are popular job titles related to Entry Level Technology Risk Management jobs in Chicago, IL? For Entry Level Technology Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Entry Level Technology Risk Management jobs in Chicago, IL look for? The top searched job categories for Entry Level Technology Risk Management jobs in Chicago, IL are:
Entry Level Technology Risk Management jobs near you
Senior IT Auditor

Senior IT Auditor

Federal Reserve System

Chicago, IL • On-site

$96K - $127K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 11 days ago

Job description

Company
Federal Reserve Bank of Chicago
The Federal Reserve is one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States-one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
As a Senior IT Auditor and member of a collegial team, you will help support our audit and strategic plan by participating in the planning, scoping, execution, and reporting of audits based on dynamic risks. You will conduct technical audits by working with various business and IT partners across the Federal Reserve System and in doing so, you will gain valuable exposure to advanced systems and frameworks in areas such as cloud, agile (SAFe), cybersecurity, and DevSecOps.
As a member of the Audit Team you will participate in developing meaningful insights that help our stakeholders achieve their business objectives by translating technical risks into business issues and providing practical recommendations for remediation.
This position applies specialized knowledge of IT, cybersecurity, project management, and cloud to complete technical audit assignments and is considered intermediate level and performs work of moderate complexity. The incumbent works under general supervision and may take directions from a more senior team member. This job does not have any direct reports.
Your Responsibilities
  • Conducts and document moderately complex IT audit fieldwork according to IIA standards, producing comprehensive workpapers and evidence documentation, ensuring workpapers are prepared in accordance with IIA standards
  • Designs, evaluates and tests IT controls across business systems, application development activities, and business processes, leveraging an end-to-end, data-driven mindset (ex. key control/risk identification) and supports the identification of control gaps and contributes to risk assessment processes
  • Identifies and analyze IT and cybersecurity risks, documenting impacts and recommending mitigation strategies
  • Proactively performs follow-up reviews on previously reported findings to verify remediation effectiveness, producing closure documentation
  • Serves as IT Audit Liaison for moderate risk business processes, coordinating between audit teams and business stakeholders
  • Evaluates IT projects and programs to assess control effectiveness, governance, and risk management practices, delivering formal assessment reports
  • Monitors key IT risk indicators for specific areas of responsibility, producing trend analyses and exception reports
Your Background
  • Bachelor's degree in computer science, Information Management, IT, IS, Cybersecurity or commensurate specialized training, certification, or work experience
  • Minimum one year of work experience
  • Professional certification such as CISA, CIA, or CPA (in progress acceptable)
  • One of the following professional certifications recommended: CRISC (Certified in Risk and Information Systems Control), CISM (Certified Information Security Manager), CIA (Certified Internal Auditor), Cloud, AI, or SAFe
  • Intermediate knowledge conducting moderately complex IT audit fieldwork and preparing formal documentation or assessing risk and controls in moderately complex IT business operations
  • Intermediate knowledge of IT audit methodologies and frameworks (IIA, NIST); including integrated audit techniques, project management approaches, risk, controls, and cloud concepts
  • Intermediate analytical skills including sound business judgment and ability to think independently
  • Effective written and verbal communication skills with the ability to influence peer leaders and business partners
  • Strong attention to detail and organization skills
  • Strong interpersonal relationship building skills

What we Offer
  • Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
  • A learning environment with opportunities to gain new skills and grow your career
Additional Requirements
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
  • This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
  • As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

The expected starting salary range for this position in Chicago is between $96,400 and $114,100 annually in addition to potential annual performance-based discretionary bonuses. Final salary and offer will be determined based on the employing Bank and the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data.
Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Internal Oversight & Governance Family Group
Work Shift
First (United States of America)
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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