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Financial Risk Manager Jobs in Peoria, IL (NOW HIRING)

Producing and ensuring the integrity of cyclical Financial Management Information (MI) for key ... Contributing to financial risk and opportunity (R&O) reporting, including alignment with enterprise ...

Sr. Project Accounting Manager

Peoria, IL · On-site

$130K - $170K/yr

This role manages a team of 10-15 Project Accountants who serve as the primary financial resource ... Identify projects with financial risk: budget overruns, write-downs, scope creep, or stalled ...

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Financial Risk Manager information

See Peoria, IL salary details

$50.5K

$109.5K

$166.8K

How much do financial risk manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for financial risk manager in Peoria, IL is $109,457.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,300.00 and $126,600.00 per year, depending on experience, location, and employer.

What are some common challenges Financial Risk Managers face when working with cross-functional teams?

Financial Risk Managers often collaborate with departments such as treasury, compliance, and IT to identify and mitigate risks. One common challenge is aligning risk management strategies with diverse departmental goals, which may sometimes conflict with each other. Effective communication and negotiation skills are essential to ensure all stakeholders understand the risk implications of their decisions. Additionally, adapting to rapidly changing regulations and market conditions can create pressure to quickly update risk models and processes.

What is the difference between Financial Risk Manager vs Credit Analyst?

AspectFinancial Risk ManagerCredit Analyst
CertificationsFRM, CFAFitch, CFA
Work EnvironmentFinancial institutions, banks, investment firmsBanks, lending institutions, credit agencies
Primary FocusAssessing and managing overall financial risksEvaluating creditworthiness of borrowers
Industry UsageRisk management departments, trading floorsLoan departments, credit risk units

While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.

How much does a risk manager get paid?

A financial risk manager's salary varies based on experience, location, and industry, but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those with specialized certifications like FRM or CFA can earn higher salaries, especially in large financial institutions or major financial centers.

What are the key skills and qualifications needed to thrive as a Financial Risk Manager, and why are they important?

To thrive as a Financial Risk Manager, you need a strong background in finance, quantitative analysis, and risk assessment, typically supported by a relevant degree and certifications like FRM or CFA. Expertise in risk modeling software, statistical tools such as SAS or R, and financial reporting systems is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are crucial for accurately identifying, assessing, and mitigating financial risks to protect organizational assets and ensure regulatory compliance.

What does a finance risk manager do?

A financial risk manager identifies, analyzes, and mitigates potential financial risks that could impact an organization, such as market, credit, or operational risks. They use tools like risk assessment models and financial analysis to develop strategies that protect the company's assets and ensure regulatory compliance. Strong analytical skills, knowledge of financial markets, and relevant certifications like FRM or CFA are often required.

What is the salary of risk manager?

The salary of a Financial Risk Manager at JP Morgan typically ranges from $90,000 to $150,000 annually, depending on experience, location, and certifications such as FRM or CFA. Senior risk managers or those in high-cost areas may earn higher compensation, including bonuses and benefits.

What does a Financial Risk Manager do?

A Financial Risk Manager (FRM) is responsible for identifying, analyzing, and mitigating financial risks within an organization. Their work involves assessing threats related to credit, market, operational, and liquidity risk, and developing strategies to minimize potential losses. FRMs use quantitative analysis, financial modeling, and risk assessment tools to advise decision-makers on risk exposures. They play a vital role in ensuring that a company remains compliant with financial regulations and maintains financial stability.

Do risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by experience, location, and industry. According to industry reports, median annual salaries range from $80,000 to over $150,000, with senior roles and certifications like FRM or CFA often commanding higher pay. Risk management skills in data analysis and financial modeling are highly valued in this field.
What job categories do people searching Financial Risk Manager jobs in Peoria, IL look for? The top searched job categories for Financial Risk Manager jobs in Peoria, IL are:
What cities near Peoria, IL are hiring for Financial Risk Manager jobs? Cities near Peoria, IL with the most Financial Risk Manager job openings:
Senior Strategy Manager - Trade Compliance

Senior Strategy Manager - Trade Compliance

Caterpillar

Peoria, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Caterpillar Inc. rating

7.5

Company rating: 7.5 out of 10

Based on 458 frontline employees who took The Breakroom Quiz

217th of 417 rated machine equipment manufacturers


Job description

Career Area:
Sales
Job Description:
Your Work Shapes the World at Caterpillar Inc.
When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.
This is Caterpillar
Law, Security & Public Policy (LSPP) has an opening for a Senior Strategy Manager - Trade Compliance. The selected candidate will lead a team that provides strategic support and execution on international trade and global compliance matters across the enterprise.
This is a rare opportunity for a highly motivated candidate to step into a key role shaping the future of compliance at Caterpillar. You'll advise on strategy and work alongside compliance and business leaders to solve complex, real-world challenges-all within a collaborative environment including high-performing trade, compliance, and legal teams.
This role reports to the Chief Compliance Officer who is based in Irving, Texas.
What You Will Do:
  • Collaborate with the Trade, Legal and Compliance teams to provide strategic and operational support for global trade and risk management at Caterpillar
  • Proactively monitor, manage and mitigate risks through internal and external engagement with stakeholders and partners and assist with development and implementation of compliance strategies and goals in line with company's business objectives
  • Analyze trade and compliance data to identify trends, risks, and opportunities, including for data analytics and data science initiatives that support informed decision-making and stronger compliance outcomes
  • Design, implement, and refine processes and procedures to improve efficiency, scalability, and consistency and support cross-functional strategic projects with business partners across the organization to accelerate trade and compliance initiatives
  • Effectively communicate insights, progress, and recommendations across the organization as needed, including to senior leadership

What You Will Bring:
  • Strategic Thinking: Knowledge of the importance of "big picture" thinking and planning; ability to apply organizational acumen to identify and maintain focus on key success factors for the organization, including synthesizing complex concepts and providing insights to project teams and senior leaders
  • Risk Management: Knowledge of processes, tools, and techniques for assessing and controlling an organization's exposure to risks of various kinds; ability to apply knowledge of risk management appropriately to diverse situations
  • Relationship Management: Knowledge of relationship and stakeholder management techniques; ability to establish and maintain healthy working relationships with various stakeholders including senior leaders, peers within LSPP and across Caterpillar, including logistics and procurement organizations
  • Data Gathering & Analysis: Knowledge of data gathering and analysis tools, techniques, and processes; ability to collect and synthesize data from a variety of stakeholders and sources in an objective manner to reach a conclusion, goal, or judgment.
  • Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
  • Effective Communications: Understanding of effective communication concepts, tools, and technique and ability to collaborate vertically and horizontally, across levels and various business functions, and with external parties

Top Candidates Will Have:
  • Significant experience with strategy development and complex project execution
  • Demonstrated senior leadership support, advocacy, and acumen with strong intellectual curiosity
  • Experience in leadership gained through previous supervisory assignments
  • Exposure to global trade issues and/or development of compliance processes is a plus

Additional Info:
  • The primary locations for this role are Irving, Texas, or Peoria, Illinois
  • Domestic relocation assistance is available for those who qualify
  • Sponsorship is not available
  • 5% travel is expected
  • This position is eligible for stock or other equity grants pursuant to Caterpillar's long-term incentive plan

About Caterpillar
For more than a century, Caterpillar has helped build a better, more sustainable world. With 2025 sales and revenues of $67.6 billion, Caterpillar Inc. is shaping the future as the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Backed by one of the largest independent global dealer networks and financing services through Cat Financial, the company's primary business segments: Power & Energy, Construction Industries and Resource Industries are solving customers' toughest challenges through commercial excellence and advanced technology, driven by a highly skilled, dedicated global team.
Final details:
Please frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application - please use the candidate log-in on our career website as it will reflect any updates to your status.
#LI
Summary Pay Range:
$189,080.00 - $283,630.00
Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.
Benefits:
Subject to plan eligibility, terms, and guidelines. This is a summary list of benefits.
  • Medical, dental, and vision benefits*
  • Paid time off plan (Vacation, Holidays, Volunteer, etc.)*
  • 401(k) savings plans*
  • Health Savings Account (HSA)*
  • Flexible Spending Accounts (FSAs)*
  • Health Lifestyle Programs*
  • Employee Assistance Program*
  • Voluntary Benefits and Employee Discounts*
  • Career Development*
  • Incentive bonus*
  • Disability benefits
  • Life Insurance
  • Parental leave
  • Adoption benefits
  • Tuition Reimbursement

* These benefits also apply to part-time employees
This position requires working onsite five days a week.
Relocation is available for this position.
Visa Sponsorship is not available for this position.
Posting Dates:
June 2, 2026 - June 10, 2026
Any offer of employment is conditioned upon the successful completion of a drug screen.
Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply.
Not ready to apply? Join our Talent Community.

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