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Financial Risk Management Jobs in Elgin, IL (NOW HIRING)

Geneva Trading

Global Head of Risk Management

Chicago, IL · On-site

$225K - $300K/yr

The Global Head of Market Risk Management will play a key role in the trading firm's dynamic ... Bachelor's Degree or above in a quantitative discipline. (physics, finance, economics, econometrics ...

blueStone

Senior Financial Analyst

Glenview, IL

$84K - $105K/yr

The role will be centered on providing analytical support in broad capital structure and financial risk management topics as well as international liquidity, investments and global bank account ...

PayPal, Inc.

Sr Manager, Risk Management

Chicago, IL · On-site

$143K - $212K/yr

This job leads complex projects related to risk management, collaborates with teams to identify ... financial-delivering meaningful value where it matters most. We strive to create a flexible ...

PwrQ Holdings LLC

Treasury Director

Chicago, IL · On-site

$180K - $250K/yr

Financial Risk Management Identify, assess, and manage financial risks including interest rate, foreign exchange, and counterparty risk. Develop and execute hedging strategies aligned with company ...

ExtensisHR

Chief Financial Officer (CFO)

Chicago, IL

The Chief Financial Officer (CFO) serves as a strategic and operational leader for the organization ... Audit, Risk Management & Internal Controls * Oversee annual independent audits, consolidated ...

Servbank

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

Minimum 5 years of experience in mortgage banking or mortgage servicing with an emphasis in risk management, internal audit or compliance, within the financial services industry. Prior leadership ...

Servbank

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

Minimum 5 years of experience in mortgage banking or mortgage servicing with an emphasis in risk management, internal audit or compliance, within the financial services industry. Prior leadership ...

Servbank

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

Minimum 5 years of experience in mortgage banking or mortgage servicing with an emphasis in risk management, internal audit or compliance, within the financial services industry. Prior leadership ...

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Financial Risk Management information

See Elgin, IL salary details

$50.9K

$110.3K

$168K

How much do financial risk management jobs pay per year?

As of Jul 17, 2026, the average yearly pay for financial risk management in Elgin, IL is $110,274.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,000.00 and $127,500.00 per year, depending on experience, location, and employer.

What are careers in risk management?

Careers in risk management involve identifying, analyzing, and mitigating financial risks that organizations face, such as credit, market, or operational risks. Professionals in this field often work with data analysis, financial modeling, and risk assessment tools, and may hold certifications like FRM or CFA. These roles are common in banking, insurance, investment firms, and corporate finance environments.

What is a Financial Risk Management job?

A Financial Risk Management job involves identifying, assessing, and mitigating risks that could impact a company's financial health. Professionals in this field analyze market trends, credit risks, and operational risks to develop strategies that protect assets and profitability. They use financial modeling, risk assessment tools, and regulatory guidelines to ensure compliance and minimize potential losses. Common roles include risk analysts, credit risk managers, and compliance officers in industries like banking, insurance, and investment firms.

What are the typical career advancement opportunities for someone in Financial Risk Management?

Professionals in Financial Risk Management often start as analysts or associates and can progress to roles such as Risk Manager, Senior Risk Analyst, or Director of Risk Management with experience and proven expertise. Career advancement typically involves taking on greater responsibility for complex risk analysis, decision-making, and leading teams or projects. Earning specialized certifications and gaining exposure to different risk disciplines (such as market risk, credit risk, or operational risk) can also accelerate career growth. Many organizations provide opportunities for cross-functional collaboration, which helps develop leadership and strategic planning skills important for moving into executive-level positions.

What are the key skills and qualifications needed to thrive in the Financial Risk Management position, and why are they important?

To thrive in Financial Risk Management, you need a strong analytical background, proficiency in financial modeling, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, data analytics tools like Excel or SQL, and certifications such as FRM (Financial Risk Manager) or CFA are highly valued. Excellent problem-solving skills, attention to detail, and strong communication abilities help professionals effectively present risks and collaborate with stakeholders. These competencies are crucial for accurately identifying, analyzing, and mitigating financial risks to support an organization's financial health.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.

What does risk management do in finance?

In finance, risk management involves identifying, assessing, and mitigating financial risks such as market, credit, and operational risks to protect an organization’s assets and ensure stability. Financial risk managers use tools like risk models, stress testing, and compliance standards to minimize potential losses and support strategic decision-making.

What is a financial risk management job?

A financial risk management job involves identifying, analyzing, and mitigating financial risks that could impact an organization’s assets or earnings. Professionals in this field use tools like risk assessment models, financial analysis, and regulatory knowledge to develop strategies that minimize potential losses. These roles often require strong analytical skills, knowledge of financial markets, and certifications such as FRM or CFA.
What are popular job titles related to Financial Risk Management jobs in Elgin, IL? For Financial Risk Management jobs in Elgin, IL, the most frequently searched job titles are:
What job categories do people searching Financial Risk Management jobs in Elgin, IL look for? The top searched job categories for Financial Risk Management jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Financial Risk Management jobs? Cities near Elgin, IL with the most Financial Risk Management job openings:
Financial Risk Management jobs near you
Infographic showing various Financial Risk Management job openings in Elgin, IL as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $110,274 per year, or $53 per hour.
Global Head of Risk Management

Global Head of Risk Management

Geneva Trading

Chicago, IL • On-site

$225K - $300K/yr

Full-time

Re-posted 22 days ago

Job description

Founded in 1999, Geneva Trading is a premier global principal trading firm with strategically located offices in Chicago, Dublin, and London. Our relentless focus on trading excellence combined with technological innovation has equipped us with a best-in-class proprietary trading platform, enabling us to compete at the highest levels in the global markets. Rooted in a culture of integrity, collaboration, and an unwavering passion for progress, we foster an environment of personal and professional excellence. Our nimble organizational structure and entrepreneurial spirit attract top-tier talent with a passion for innovation, laying the foundation and driving our consistent success in the industry.
The Global Head of Market Risk Management will play a key role in the trading firm's dynamic environment. This person will develop and apply analytic tools and techniques to define and enhance our risk management framework. This person will also identify and manage risks in Geneva's existing and newly proposed trading strategies. The role will report to the CAO and work closely with other members of the executive suite and board of directors.
How You Can Make An Impact
  • Define and drive enhancements to the firm's Risk Framework
  • Update and maintain the firm's Risk Manual as necessary
  • Work closely with Senior Management on identifying and assessing risks of potential and existing business lines
    • Participate in several management meetings per month
  • Supervise and manage all employees of the Risk team globally
  • Model, analyze, and optimize existing and new risk matrices
  • Drive the development and implementation of analytical risk models to provide insight into the firm's various trading activities
  • Monitor risk on a real time basis, leveraging our monitoring and analysis framework to identify and communicate important risk-related information to traders and management
  • Interpret and utilize quantitative results from risk reporting efforts and communicate these effectively
  • Work directly with traders and senior management on escalated risk issues
  • Collaborate with trading and development team members to design and employ risk controls in Geneva's proprietary execution software
  • Conduct regulatory reporting as required
  • Manage trading limits and trading software risk settings within the firm
  • Must be willing to receive training for new asset classes that the firm intends to participate in

What You'll Need
  • Bachelor's Degree or above in a quantitative discipline. (physics, finance, economics, econometrics, statistics, mathematics, or equivalent experience
  • CFA, JD, and/or MBA is a plus
  • At least 7 years' relevant experience as a Senior Risk Manager in a derivatives trading environment
  • Experience with futures, options, cryptocurrency, and power trading strategies and risk management; trading through or managing risk through a market-crisis is highly preferred (i.e. 9/11 or 2008 events)
  • Experience building various models to evaluate and represent derivative market risk, including Historical Simulation, VaR, Scenario Analysis/Stress Testing, Greeks, Option profiles, etc.
  • Experience dealing directly with traders on risk-related issues
  • Experience and comfort dealing directly with senior management on risk-related issues
  • Deep understanding of futures and options trading (Fixed Income, FX, Equities, Commodities, etc.) and their Greeks
  • Detailed knowledge of exchange traded derivative products with an emphasis on their risk characteristics
  • Ability to handle high pressure situations
  • Good communication and interpersonal skills
  • Ability to manage others
  • Desire to work in a fast paced, collaborative, and entrepreneurial environment
  • Deep understanding of US, European and Asian regulatory environments including Dodd-Frank, Regulation Automated Trading (Reg AT), MiFID II and Japanese HST

Compensation
Base Salary Range: $225,000 - $300,000, plus eligibility for a performance-based bonus.
Final compensation will be determined based on the candidate's skills, experience, education, and qualifications. In addition to base salary, Geneva Trading offers a competitive total rewards package, including a comprehensive benefits program. Learn more about our employee incentives here: https://www.genevatrading.com/employee-incentives/
Application expected to close: 6/01/2026
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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