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Financial Risk Consultant Jobs in Decatur, IL (NOW HIRING)

... financial security and career satisfaction. We are the perfect fit if you: * are seeking a ... consultation, insurance program design, carrier interface/marketing, coordination of risk control ...

Financial Risk Consultant information

See Decatur, IL salary details

$44.1K

$100.8K

$168.8K

How much do financial risk consultant jobs pay per year?

As of Jul 31, 2026, the average yearly pay for financial risk consultant in Decatur, IL is $100,757.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,600.00 and $121,200.00 per year, depending on experience, location, and employer.

How much does a financial risk specialist make?

A financial risk specialist typically earns between $70,000 and $120,000 annually, depending on experience, education, and location. Professionals in this role often use analytical tools and may hold certifications like FRM or CFA to advance their careers.

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 risk consulting pay well?

Risk consulting, including roles like financial risk consultants, generally offers competitive salaries that vary based on experience, certifications, and location. Entry-level positions typically start with moderate pay, while experienced consultants with specialized skills can earn higher compensation, often supplemented by bonuses and benefits.

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 are some common challenges Financial Risk Consultants face 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 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 jobs can I get with frm?

A Financial Risk Consultant with an FRM (Financial Risk Manager) certification can pursue roles such as risk analyst, risk manager, credit risk analyst, market risk analyst, or compliance officer. These positions typically involve assessing financial risks, developing risk management strategies, and using tools like risk modeling and data analysis to support decision-making.
Infographic showing various Financial Risk Consultant job openings in Decatur, IL as of July 2026, with employment types broken down into 1% Locum Tenens, 1% As Needed, 85% Full Time, 9% Part Time, and 4% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $100,757 per year, or $48.4 per hour.

Director of Private Client Strategy

Busey

Decatur, IL

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago


Job description

Position Summary

The Director of Private Client Strategy is responsible for leading the strategic direction, growth, and performance of the Private Client division across the enterprise. This role is pivotal in delivering a differentiated, client-centric experience for high-net-worth individuals and families, while driving deposit growth, deepening wealth relationships, and ensuring alignment with the bank's broader wealth management strategy.
Success in this role requires a deep understanding of private banking services, including deposit strategies, investment management, trust and estate planning, and holistic financial advisory. The director will collaborate closely with executive leadership, market leaders, and product partners to ensure the delivery of integrated, high-touch solutions that meet the complex needs of affluent clients.
This individual will also oversee relationship management practices, client acquisition strategies, and portfolio performance tracking with a strong focus on talent development, CRM utilization, and the disciplined execution of sales and service standards across the Private Banking teams.Duties & Responsibilities

Strategic Leadership & Client Strategy

  • Define and lead the strategic direction for Private Banking across the bank's footprint, ensuring alignment with enterprise wealth and relationship banking goals.
  • Drive growth in bank deposits and wealth assets under management through tailored, high-touch financial solutions for high-net-worth individuals and families.
  • Champion a holistic, goals-based advisory approach that integrates banking, investment, and financial advisory services.
  • Foster a culture of excellence, accountability, and client-centricity across the Private Client organization.

Cross-Segment & Enterprise Collaboration

  • Partner with leaders across Wealth Management, Commercial Banking, Mortgage, Trust, and Consumer Banking to deliver integrated solutions and deepen client relationships across all client segments.
  • Align Private Client strategy with enterprise initiatives in marketing, digital, operations, and risk management.
  • Influence product development and service delivery to meet the evolving needs of affluent clients.

Sales Management & Performance Oversight

  • Oversee Private Client sales performance, client acquisition strategies, and relationship management practices.
  • Ensure disciplined use of CRM, pipeline management, and client segmentation to drive growth and retention.
  • Leverage analytics to inform pricing, profitability, and market expansion strategies.

Market Intelligence, Risk & Regulatory Oversight

  • Maintain deep awareness of competitive trends, client expectations, and regulatory developments in the private banking space.
  • Ensure compliance with all applicable banking laws, regulations, and internal policies, particularly those impacting high-net-worth client relationships.
  • Partner with Legal, Compliance, and Risk teams to proactively manage reputational and regulatory risk.
  • Oversee documentation and refinement of policies and procedures in collaboration with compliance, risk, and operations partners.

Product Strategy & Innovation

  • Lead the development of the future-state product strategy for Private Client, ensuring offerings remain competitive, scalable, and aligned with client needs.
  • Collaborate with product, technology, and digital teams to enhance the client experience through innovation and personalization.
  • Evaluate and prioritize new product opportunities, leveraging market insights and client feedback.
Education & Experience

Knowledge of:

  • Deep expertise in private banking, wealth management, and lending strategies tailored to high-net-worth individuals and families.
  • Strong understanding of investment advisory, financial planning, and fiduciary services.
  • Executive presence with the ability to influence and lead within a matrixed organization.

Ability to:

  • Proven track record of leading high-performing relationship management or advisory teams in a client-centric, consultative environment.
  • Demonstrated success in driving client acquisition, retention, and share-of-wallet growth among affluent clients.
  • Ability to collaborate across business lines (Wealth, Commercial, Mortgage, Trust, and Consumer Banking) to deliver integrated financial solutions and ensure a seamless client experience.
  • Experience implementing CRM best practices, sales enablement tools, and portfolio performance tracking.

Education and Training:

  • Bachelor's degree in finance, business, or a related field required; advanced degree (MBA, JD, or CFP) preferred.
  • 12-15+ years of experience in private banking, wealth management, or financial advisory services.
  • Relevant certifications such as Wealth Management Specialist or Certified Financial Planner (CFP) preferred.

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $140,000 - $193,000/year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.