ZipRecruiter

Log In

1

Financial Risk Consultant Jobs in Illinois (NOW HIRING)

RSM

Senior Associate, Risk Consulting (Insurance)

Chicago, IL

$15.50 - $18.50/hr

... consultant to lead teams of risk consulting professionals in addressing our clients' needs. Key Responsibilities As a Senior Associate in the Financial Services Risk Consulting (Insurance) practice ...

Crowe LLP

Loan Review Consultant

Oakbrook Terrace, IL · On-site

Provide loan review support and assist with credit risk consulting engagements for financial institution clients. * Gather, organize, and analyze loan documentation, including financial statements ...

Crowe LLP

Loan Review Consultant

Chicago, IL · On-site

Provide loan review support and assist with credit risk consulting engagements for financial institution clients. * Gather, organize, and analyze loan documentation, including financial statements ...

Ripple

Professional Services Consultant

Chicago, IL · On-site

$116K - $145K/yr

As a Professional Services Consultant, you are the critical link between our cutting- edge ... Deep knowledge of cash management, payments, risk, or hedge accounting * Financial Fluency:

Crowe LLP

Loan Review Consultant

Oakbrook Terrace, IL · On-site

Provide loan review support and assist with credit risk consulting engagements for financial institution clients. * Gather, organize, and analyze loan documentation, including financial statements ...

Crowe LLP

Risk Intern

Chicago, IL · On-site

$41K - $50K/yr

At Crowe, consultants are expected to build both technical and transferable skills, think ... Gather, review, and organize financial, operational, compliance, policy, procedure, and control ...

Capital One

Manager, Risk Manager

Riverwoods, IL · On-site

Strategic Risk Consulting: Serve as a trusted advisor to core business areas, providing tailored ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

previous page

Showing results 41-60

All JobsFinancial Risk Consultant JobsFinancial Risk Consultant Jobs in Illinois

Financial Risk Consultant information

See Illinois salary details

$44.1K

$100.7K

$168.6K

How much do financial risk consultant jobs pay per year?

As of Aug 22, 2026, the average yearly pay for financial risk consultant in Illinois is $100,659.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,600.00 and $121,100.00 per year, depending on experience, location, and employer.

What are some common challenges a financial risk consultant faces when working with clients across different industries?

Financial Risk Consultants often encounter the challenge of adapting their risk assessment frameworks to fit the unique regulatory environments, operational structures, and risk appetites of clients from diverse industries. Each sector—such as banking, insurance, or manufacturing—has distinct compliance requirements and market dynamics, requiring consultants to quickly learn and tailor their strategies accordingly. Additionally, consultants must communicate complex risk concepts in a way that is understandable and actionable for stakeholders who may not have a deep financial background. Building trust and maintaining clear communication are key to overcoming these challenges and delivering effective risk mitigation solutions.

What are the key skills and qualifications needed to thrive as a financial risk consultant, and why are they important?

To thrive as a Financial Risk Consultant, you need strong analytical skills, a solid understanding of finance and risk management, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, data analysis tools like Excel and SQL, and certifications such as FRM (Financial Risk Manager) or CFA are highly beneficial. Outstanding communication, problem-solving abilities, and attention to detail help you explain complex risks and collaborate effectively with clients and stakeholders. These skills are crucial for accurately identifying, evaluating, and mitigating financial risks to protect clients’ assets and ensure regulatory compliance.

What is the difference between Financial Risk Consultant vs Financial Analyst?

AspectFinancial Risk ConsultantFinancial Analyst
Primary FocusAssessing and managing financial risks for clients or organizationsAnalyzing financial data to guide investment and business decisions
CertificationsFRM, CFA often preferredCFA, CPA often preferred
Work EnvironmentConsulting firms, financial institutions, corporate risk departmentsInvestment firms, banks, corporate finance departments

While both roles require strong financial knowledge and certifications like CFA, the Financial Risk Consultant primarily focuses on identifying and mitigating risks, whereas the Financial Analyst concentrates on analyzing data to inform investment decisions. Their work environments often overlap but serve different core functions within the financial industry.

Does financial risk consulting pay well?

Financial risk consultants typically earn competitive salaries that vary based on experience, location, and industry. Entry-level positions may start around $60,000 annually, while experienced professionals can earn over $120,000, especially with certifications like FRM or CFA. The role often involves analytical skills, risk assessment tools, and working in corporate or financial services environments.

What does a financial risk consultant do?

A financial risk consultant analyzes an organization’s financial data to identify potential risks that could impact its stability or profitability. They develop strategies to mitigate these risks, often using financial modeling, risk assessment tools, and industry regulations to advise clients or employers on risk management practices.

What cities in Illinois are hiring for Financial Risk Consultant jobs?

Cities in Illinois with the most Financial Risk Consultant job openings:

Financial Risk Consultant jobs near you
Infographic showing various Financial Risk Consultant job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $100,659 per year, or $48.4 per hour.

Senior Associate, Risk Consulting (Insurance)

RSM Global

Chicago, IL • On-site

$15.50 - $18.50/hr

Full-time

Re-posted 19 days ago

Job description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.
The Position
Due to rapid growth of our Financial Services Risk Consulting practice within the insurance industry and the evolving risk landscape of our clients, RSM is seeking a highly motivated senior consultant to lead teams of risk consulting professionals in addressing our clients' needs.
Key Responsibilities
As a Senior Associate in the Financial Services Risk Consulting (Insurance) practice at RSM, you'll be asked to consistently:
  • Model the core RSM values of respect, integrity, teamwork, excellence and stewardship in all interactions with clients and team members
  • Demonstrate your ability to:
    • Provide subject-matter expertise in risk consulting strategies and internal controls
    • Lead client engagement activities through the project lifecycle from initiation to close-out, including conducting risk assessments and client walkthroughs, preparing and reviewing work product, helping with process redesign and preparing client deliverables
    • Manage projects to successful completion through clear communication, expectation setting with stakeholders, deadline management, and within applicable resource and economic requirements.
    • Support multiple client projects simultaneously, while actively contributing to internal initiatives such as talent, practice, and business development
    • Leverage your understanding of the insurance industry and trends to effectively communicate leading risk management practices as your clients' trusted advisor
    • Communicate effectively with your internal management team and develop executive presence through interactions with senior management within RSM and our clients
    • Support our people - work collaboratively with others and provide on the job training to develop team members
    • Support our clients - conduct yourself in a professional manner and develop meaningful relationships with client personnel in order to maximize client value

Position Qualifications
  • Bachelor's or Master's Degree in business, accounting, engineering or related discipline.
  • A minimum of 2 years of experience working in the insurance industry as an internal auditor, controls specialist, claims specialist, underwriting specialist, management consultant with a minimum of 1 year at a public accounting or professional services firm.
  • Experience with leading projects across the three lines of defense and with various lines of business (e.g. CFO group, operations (claims, product, underwriting, actuarial) data, technology, regulatory compliance, risk management, internal audit)
  • Proficiency in word processing, spreadsheet, and presentation creation tools
  • Job relevant certification (e.g., ARM, CRM, CPA, CIA, CFE, PMP) preferred
  • Ability to travel to meet client needs.
  • Established experience in the financial services industry with a focus on insurance

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.
All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.
Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.
RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.
RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.
At RSM, an employee's pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.
Compensation Range: $77,700 - $146,900
Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.
RSM International logo

About RSM International

Sourced by ZipRecruiter

RSM International is a leading global network of audit, tax, and consulting firms. Headquartered in Chicago, Illinois, US, the firm focuses on providing an exceptional range of professional services to empower clients to move forward with confidence. RSM International was established in 1964 and has since grown to encompass firms in more than 120 countries. The firm's mission is guided by a deep understanding of what clients need to help drive their businesses forward, combined with the international reach of RSM firms worldwide.

Industry

Business management consulting

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Social media

FacebookTwitter

View All RSM International Jobs

Apply