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Governance Risk And Compliance Jobs in Elgin, IL

Bank of Montreal

Manager, Risk Governance

Chicago, IL · On-site

$74K - $138K/yr

Audit, Risk & Compliance This role is part of the Risk Governance Office (RGO) within Enterprise Risk Management (ERM), which is part of Enterprise Risk & Portfolio Management (ERPM), BMO's second ...

Addison Group

Risk & Compliance Associate

Chicago, IL · On-site

$50 - $60/hr

Job Title: Risk & Compliance Associate Location: Chicago, IL Industry: Management Consulting ... Experience with compliance technologies, governance platforms, or case management systems is a plus.

Bmo

Managing Director, Risk Governance

Chicago, IL

Audit, Risk & Compliance This role leads the Risk Framework function within the Risk Governance & Strategic Risk team (RG&SR). The function is responsible for enabling the Risk Management Framework ...

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All JobsGovernance Risk And Compliance JobsGovernance Risk And Compliance Jobs in Elgin, IL

Governance Risk And Compliance information

See Elgin, IL salary details

$97.9K

$189.6K

$379.6K

How much do governance risk and compliance jobs pay per year?

As of Aug 31, 2026, the average yearly pay for governance risk and compliance in Elgin, IL is $189,560.00, according to ZipRecruiter salary data. Most workers in this role earn between $166,600.00 and $188,300.00 per year, depending on experience, location, and employer.

What are governance risk and compliance roles?

Governance, Risk, and Compliance (GRC) roles are positions within organizations focused on ensuring that business operations align with legal standards, manage risk effectively, and follow internal policies. Professionals in GRC help organizations set up frameworks to oversee compliance with laws and regulations, identify and mitigate potential risks, and establish governance structures to guide decision-making. These roles are essential for protecting organizations from financial, legal, and reputational harm while promoting ethical practices and efficient processes.

What are the key skills and qualifications needed to thrive as a governance risk and compliance professional?

To thrive as a Governance, Risk, and Compliance (GRC) professional, you need a solid understanding of regulatory frameworks, risk assessment methodologies, and compliance requirements, often supported by a degree in business, finance, or a related field. Familiarity with GRC platforms (like RSA Archer or MetricStream), audit management tools, and relevant certifications such as CISA, CRISC, or CISSP is highly beneficial. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this field. These skills are crucial for identifying risks, ensuring organizational compliance, and supporting informed decision-making to protect the business.

What are some common challenges faced by professionals in governance risk and compliance roles, and how can they be addressed?

Professionals in Governance, Risk, and Compliance (GRC) roles often face challenges such as staying updated with changing regulations, ensuring company-wide adherence to policies, and managing cross-functional collaboration. To address these, GRC specialists must develop strong communication skills to educate and train staff, leverage technology to automate compliance tracking, and build effective relationships with departments such as IT, legal, and operations. Regular professional development and proactive engagement with regulatory updates are also key to overcoming these challenges and maintaining effective governance.

What is the difference between Governance Risk And Compliance vs Compliance Analyst?

AspectGovernance Risk And ComplianceCompliance Analyst
CertificationsISO 31000, ISO 27001, Certified Risk Management ProfessionalCertified Compliance & Ethics Professional (CCEP), ISO 19600
Work EnvironmentCorporate, regulated industries, risk management departmentsLegal, audit, compliance departments within organizations
Employer & Industry UsageFinancial services, healthcare, energy, governmentFinancial institutions, healthcare, manufacturing, retail

Governance Risk And Compliance professionals focus on establishing frameworks, managing risks, and ensuring overall compliance strategies across organizations. Compliance Analysts primarily focus on implementing and monitoring specific compliance policies, often within legal or audit teams. While both roles require understanding regulations and certifications, Governance Risk And Compliance roles have a broader scope involving risk management and governance structures.

Is governance risk and compliance a good career?

Governance, Risk, and Compliance (GRC) is a growing field that offers opportunities in industries such as finance, healthcare, and technology. It involves developing policies, managing risks, and ensuring regulatory adherence, often requiring certifications like CISA or CRISC. The role typically offers stable employment, competitive salaries, and the chance to work in a dynamic regulatory environment.

What is the work of governance risk and compliance?

Governance, Risk, and Compliance (GRC) professionals develop and implement policies to ensure organizations adhere to legal and regulatory requirements, manage risks effectively, and maintain ethical standards. They often use tools like risk assessments, audits, and compliance frameworks to identify vulnerabilities and ensure organizational integrity. This role requires strong analytical skills and knowledge of industry regulations.

What job categories do people searching Governance Risk And Compliance jobs in Elgin, IL look for?

The top searched job categories for Governance Risk And Compliance jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Governance Risk And Compliance jobs?

Cities near Elgin, IL with the most Governance Risk And Compliance job openings:

Governance Risk And Compliance jobs near you
Infographic showing various Governance Risk And Compliance job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, and 3% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $189,560 per year, or $91.1 per hour.

Director of Governance, Risk & Compliance

Wells Enterprises, Inc

Chicago, IL

$132K - $213K/yr

Full-time

Posted 4 days ago

Wells Enterprises rating

7.3

Company rating: 7.3 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

178th of 443 rated food and drinks producers

Job description

Company: Wells Enterprises (a Ferrero Company)

Functional Area: Finance

The Role

We are seeking a GRC Director to lead Governance, Risk & Compliance at Wells. Reporting directly to the Wells CFO and working under the professional guidance of Group GRC, this role will help further strengthen risk and internal controls across the organization.  he GRC Director will support leadership in risk identification, prioritization, mitigation planning, and monitoring, while providing independent oversight and validation of key GRC activities. This is a highly collaborative role, interfacing across functions to ensure strong governance, effective internal controls, and readiness in managing risk and crisis scenarios.

What You'll Do

Drive Internal Control Excellence

  • Partner with the Wells CFO and Leadership teams to identify and prioritize local business risks
  • Oversee the design, documentation, and communication of local procedures, ensuring clarity and accessibility
  • Promote harmonization and best practices in risk mitigation across the organization
  • Deliver training and guidance to management on GRC processes, tools, and methodologies
  • Contribute to the development and sharing of GRC best practices within the broader organization

Enable Governance & Policy Implementation

  • Support the rollout and adoption of Group policies and procedures across functions  
  • Partner on key transformation initiatives, including integration and change management efforts
  • Facilitate policy implementation activities, including control ownership, training, and tool support
  • Lead the execution of annual process assessments, ensuring clear documentation of findings and actions
  • Facilitate cross-functional collaboration to strengthen governance and control effectiveness
  • Conduct quality assurance reviews of internal control implementation
  • Lead Segregation of Duties (SoD) analysis, driving appropriate remediation actions 

Support Internal Audit Processes

  • Partner with functional leadership to prepare for audits, clarifying expectations and responsibilities
  • Facilitate effective collaboration between Wells teams and auditors during planning and fieldwork
  • Escalate key findings and support resolution design, in coordination with Group GRC and subject matter experts 

Strengthen Risk Mitigation & Remediation

  • Partner with management to design robust, sustainable remediation plans aligned with business priorities
  • Provide constructive challenges and independent validation of mitigation actions
  • Monitor progress through regular follow-ups and quality assurance reviews 

Monitor, Report & Advise

  • Support leadership in maintaining clear visibility on risk mitigation and control implementation status
  • Ensure consistent reporting of progress and risks across functions
  • Provide updates to the Wells CFO and Group GRC on audits, risks, and remediation efforts
  • Contribute to executive-level reporting, including updates to senior leadership and governance bodies 

Enhance Crisis Readiness

  • Support the design and implementation of crisis management readiness at the local level
  • Partner with key stakeholders to assess preparedness and strengthen response capabilities

#LI-LN1

What You'll Bring

  • Bachelor's degree in Finance, Business Administration, or related field
  • Minimum of 10 years of governance, risk, compliance and leadership experience, preferably within the food, consumer goods, or manufacturing industries Professional certifications desirable
  • Strong experience in Governance, Risk & Compliance, Internal Audit, or Internal Controls
  • Excellent communication skills, with the ability to translate complex concepts into clear, actionable guidance 
  • Experience in change management, transformation programs, or process improvement is a plus
  • Solid understanding of risk management frameworks and control environments
  • Ability to influence and engage stakeholders across different functions and levels
  • Strong analytical thinking with a pragmatic, solution-oriented mindset
  • High level of integrity, independence, and sound judgment 

The base pay range for this position is $132,228 to $213,004 annually. Actual compensation will be determined based on location, experience, skills, qualifications, and other job-related factors permitted by law. This pay range represents the anticipated salary for this position at this time. 

Wells Enterprises is an EEO/AA employer M/F/Vet/Dis

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