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Financial Risk Jobs in Illinois (NOW HIRING)

AVP, Banking Risk & Controls

Watseka, IL · On-site

$94K - $110K/yr

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

AVP, Banking Risk & Controls

Watseka, IL · On-site

$94K - $110K/yr

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

Senior Manager, ONFR Programs

Chicago, IL · On-site

  • Medical

  • Life

  • Retirement

Audit, Risk & Compliance The Senior Manager, ONFR Programs, is a key member of the Operational Non-Financial Risk (ONFR) Program team, responsible for advancing the enterprise-wide Non-Financial Risk ...

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to ... Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking ...

Chief Financial Officer

Chicago, IL · On-site

$210 - $270/hr

Support enterprise risk management and internal control initiatives Strong analytical thinking and commercial business acumen are critical to success in this role. Operational Finance Leadership

Showing results 41-60

Financial Risk information

What is the difference between Financial Risk vs Credit Analyst?

AspectFinancial RiskCredit Analyst
Primary FocusIdentifying and managing financial risks across investments, markets, and corporate strategiesAssessing creditworthiness of individuals or companies to determine loan eligibility
Required CredentialsFinance, risk management certifications, often a degree in finance or economicsFinance, accounting, or economics degree; certifications like CFA or credit-specific training
Work EnvironmentFinancial institutions, investment firms, corporate risk departmentsBanks, lending institutions, credit agencies
Industry UsageWidely used in banking, investment, and corporate sectors for risk mitigationPrimarily in banking and lending sectors for credit assessment

Financial Risk professionals focus on identifying and mitigating potential financial losses across various areas, while Credit Analysts specialize in evaluating the creditworthiness of borrowers to facilitate lending decisions. Both roles require finance-related credentials and are integral to financial institutions, but their core responsibilities differ significantly.

Is a financial risk analyst a good career?

A financial risk analyst is a valuable role in finance, responsible for identifying and managing potential financial losses using data analysis and risk assessment tools. The career offers opportunities for advancement, requires strong analytical skills, and often involves certifications like FRM or CFA. Job stability and salary prospects are generally favorable in this field.

What is a financial risk job?

A financial risk job involves identifying, analyzing, and managing potential financial losses for an organization. Professionals in this field often use risk assessment tools, financial modeling, and industry regulations to minimize exposure to risks such as credit, market, or operational risks.

What are the most commonly searched types of Financial Risk jobs in Illinois?

The most popular types of Financial Risk jobs in Illinois are:

What cities in Illinois are hiring for Financial Risk jobs?

Cities in Illinois with the most Financial Risk job openings:

Infographic showing various Financial Risk 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.

AVP, Banking Risk & Controls

Servbank

Watseka, IL • On-site

$94K - $110K/yr

Full-time

Re-posted 19 days ago


Job description

The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in partnership with the Servbank BSA team. This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to identify and mitigate risks, enhance operational resilience, and promote control effectiveness. The role assists in the testing of risk-mitigating controls, supports enterprise risk reporting, and ensures strong governance over BAU activities and operational initiatives. The AVP ensures the ongoing testing schedule is executed by analyzing capacity and assigning responsibilities aligned with departmental priorities, as directed by the SVP of Enterprise Risk.
About Servbank:
Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you're a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.
Duties and Responsibilities:
  • Oversee functions within Banking Risk for Deposit Operations, including completion of required monthly KPI metric tracking scorecards.
  • Develop, implement, and oversee risk management processes to test in-line QA control effectiveness across Commercial and Consumer Deposit Operations. Evaluate risks of key control deficiencies and effectiveness of the overall control framework, and ensure management maintains timely and effective remediation plans.
  • Partner with Line of Business and BSA leadership to enhance internal testing processes and minimize defects across deposit-related activities.
  • Assist Senior Management, Risk Committee, and other Lines of and other Lines of Defense in developing methodologies used to assess and rank risk controls within Deposit Operations.
  • Deliver risk-related findings to the Risk Committee and other governance forums, including recommended corrective actions and implementation timelines.
  • Develop and maintain processes to test transactional, operational, and BSA-related controls within Deposit Operations to ensure adherence to regulatory requirements, internal policies, and business expectations. Oversee effectiveness testing and required retesting.
  • Develop, maintain, and report on testing programs covering deposit account lifecycle activities (e.g., onboarding, maintenance, transactions, exceptions handling). Establish benchmarks, testing methodologies, and partner with LOBs and Learning & Development to drive continuous improvement.
  • Develop corporate compliance and operational risk strategies by analyzing internal testing results, regulatory guidance, and external industry trends.
  • Assist in developing procedures that minimize operational, regulatory, and financial risk exposure.
  • Provide operational and regulatory research to management, including interpretation of applicable banking and BSA/AML requirements.
  • Interact and communicate with federal and state regulators, and support exam readiness to ensure appropriate controls, documentation, and reporting are in place.
  • Guide resolution of findings through the Issues Management program, including assignment of ownership and oversight of post-remediation validation testing.
  • Assist Learning & Development, Lines of Business, and other Lines of Defense in developing training programs, policies, and procedures related to deposit operations and BSA controls.
  • Maintain current knowledge of regulatory changes and assess impacts to Deposit Operations and associated control environments.
  • Provide monthly oversight for completion and reporting of all Banking Risk & Controls testing activities for Deposit Operations.
  • Provide monthly reporting to Risk Committee on systemic issues, emerging risks, and control effectiveness trends across Deposit Operations and BSA-related processes.
  • Oversee reporting of internal and external findings related to Deposit Operations, including tracking, escalation, and resolution status.
  • Ensure adherence to scheduled and risk-based testing calendars.
  • Oversee assignment and completion of required training for team members and relevant stakeholders.
  • Assist other Lines of Defense in performing risk assessments across Deposit Operations and ensure timely documentation and governance within the Risk Management platform.
  • Other duties as assigned.

Requirements
  • Experience in banking and deposit operations, consumer lending, commercial lending, commercial loan servicing, or commercial banking.
  • Background in an Operations, Risk Management, Compliance, BSA/AML, or Internal Audit role within a financial institution.
  • Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking operations knowledge.
  • 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 experience is preferred.
  • Comprehensive knowledge of risk management frameworks, banking regulations, lending/servicing guidelines, internal controls, and regulatory compliance requirements.
  • Knowledge of federal and state laws, government regulations, and agency requirements, including but not limited to BSA/AML, RESPA, TILA, UDAAP, Gramm-Leach-Bliley, COSO, FTC, FFIEC, and OCC.
  • Prior experience working with Fiserv products.
  • Knowledge of business and management principles related to strategic planning, resource allocation, leadership, and the coordination of teams across multiple branch and remote locations.
  • Proficiency with risk management, auditing, and reporting tools and software.
  • Strong analytical, investigative, problem-solving, organizational, and project management skills, with the ability to manage multiple priorities, work independently, collaborate across departments, and maintain strict confidentiality.
  • Excellent written, verbal, and interpersonal communication skills.

EEO Statement: We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
Salary Description
$94.8k to $110.9k