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

blueStone

Senior Financial Analyst

Glenview, IL · On-site

$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 ...

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 ...

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 ...

ExtensisHR

Chief Financial Officer (CFO)

Chicago, IL · On-site

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 ...

PayPal

Sr Manager, Risk Management

Chicago, IL

$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 ...

Forgent

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 ...

MGM Transformers

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 ...

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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 Jun 25, 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 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.

How much does a risk manager get paid?

A risk manager's salary varies based on experience, industry, and location, but typically ranges from $70,000 to $150,000 annually. Senior risk managers or those in financial hubs can earn higher salaries, especially with certifications like FRM or CFA and strong analytical skills.

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.

Is risk management high paying?

Risk management professionals, including those in financial risk management, often earn competitive salaries that increase with experience, certifications, and industry sector. Entry-level roles may have moderate pay, but senior positions such as risk managers or directors typically offer high compensation, especially in finance and banking industries. Skills in data analysis, quantitative methods, and regulatory knowledge can also influence earning potential.

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 and ensure financial stability.
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 June 2026, with employment types broken down into 70% Full Time, 28% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $110,274 per year, or $53 per hour.
Sr Vendor Relation Risk Specialist, Linga

Sr Vendor Relation Risk Specialist, Linga

PNC Bank

Chicago, IL

$55K - $124K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

PNC Bank rating

7.7

Company rating: 7.7 out of 10

Based on 336 frontline employees who took The Breakroom Quiz

75th of 142 rated banks

Job description

Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Sr Vendor Relation Risk Specialist within PNC's Linga organization, you will be based in Pittsburgh, PA, Chicago, IL or Naples, FL.
- The ideal candidate will have experience within the restaurant or retail industry, SaaS, and payment gateways.PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.Job Description
  • Identifies and manages risks associated with products or services that are essential to the bank with the goal of mitigating risk, improving vendor performance, and compliance with applicable regulations. Focused engagement population of critical engagements and third parties.
  • Regularly interfaces with critical vendors and organizational staff to interpret needs and provide accurate specifications and risk mitigation solutions for complex services. Regularly identifies opportunities and leads projects to enhance and increase efficiencies in the program, where applicable. Manages risk associated with a product or service with the goal of improving vendor and overall program performance and compliance with applicable regulations.
  • Leads the review of new and existing contract assignments for compliance with applicable regulations for critical engagements and third parties.
  • Consults with vendors to remediate risks identified in assessment process. Recommends, initiates and/or drives improvement opportunities on complex engagements and critical third parties.
  • Responsible for the creation of training documentation, risk specialist process documents, reports and required documents for management review.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

  • Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
  • Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Preferred SkillsProcurement, Purchasing Management, Sourcing Strategies, Supplier Management, Supplier Selection, Vendor Relationships, Vendor Risk ManagementCompetenciesAccuracy and Attention to Detail, Effective Communications, Financial Risk Management, Industry Knowledge, Internal Controls, Negotiating, Problem Solving, Process Management, Procurement, Regulatory Environment - Financial ServicesWork ExperienceRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationBachelorsCertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $55,000.00 - $124,200.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 05/18/2026, although it may be longer with business discretion.BenefitsPNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

To learn more about these and other programs, including benefits for full time and part-time employees, visitpncthrive.com.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.


At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)


PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.

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