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Granite Risk Management Jobs in Chicago, IL (NOW HIRING)

Granite Risk Management information

See Chicago, IL salary details

$53.1K

$114.9K

$175.1K

How much do granite risk management jobs pay per year?

As of Jul 17, 2026, the average yearly pay for granite risk management in Chicago, IL is $114,919.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,700.00 and $132,900.00 per year, depending on experience, location, and employer.

What is Granite Risk Management?

Granite Risk Management is a company that provides risk mitigation and management services, primarily for construction lenders, real estate developers, and financial institutions. They specialize in services such as construction progress monitoring, fund control, and project risk assessment to help clients minimize financial losses and ensure projects run smoothly. By acting as an independent third party, Granite Risk Management helps stakeholders identify potential issues early, control disbursements, and keep projects on track. Their expertise supports clients in making more informed decisions and reducing exposure to potential risks throughout the construction process.

What is the difference between Granite Risk Management vs Granite Safety Coordinator?

AspectGranite Risk ManagementGranite Safety Coordinator
CertificationsRisk Management certifications, OSHA trainingOSHA certifications, safety training
Work EnvironmentOffice, site visits, risk assessmentsSite inspections, safety meetings
Employer & Industry UsageConstruction, manufacturing, industrialConstruction, industrial, infrastructure

Granite Risk Management focuses on identifying and mitigating risks across projects and operations, often involving policy development and risk assessments. In contrast, Granite Safety Coordinators primarily oversee safety protocols, conduct site inspections, and ensure compliance with safety regulations. Both roles require OSHA certifications and are integral to maintaining safe, compliant work environments within the construction and industrial sectors.

What are the typical challenges faced by professionals in Granite Risk Management, and how can they be addressed?

Professionals in Granite Risk Management often encounter challenges such as evaluating diverse project risks, adapting to changing regulations, and maintaining clear communication among stakeholders. Managing multiple projects simultaneously requires strong organizational skills and the ability to prioritize tasks effectively. To address these challenges, risk managers rely on robust risk assessment tools, continuous professional development, and close collaboration with project teams, clients, and regulatory bodies. Emphasizing proactive communication and staying up-to-date with industry standards can significantly enhance the effectiveness of risk mitigation strategies.

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

To thrive in Granite Risk Management, you need a solid understanding of risk assessment, compliance, and financial analysis, usually backed by a degree in business, finance, or a related field. Familiarity with risk management software, data analysis tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is highly beneficial. Strong analytical thinking, attention to detail, and effective communication skills help professionals identify risks and work collaboratively to mitigate them. These skills are crucial for proactively managing potential threats, ensuring organizational stability, and supporting informed decision-making.
What job categories do people searching Granite Risk Management jobs in Chicago, IL look for? The top searched job categories for Granite Risk Management jobs in Chicago, IL are:
Model Validation Senior Manager

Model Validation Senior Manager

Deloitte

Chicago, IL

Other

Posted 3 days ago


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 90 frontline employees who took The Breakroom Quiz

59th of 148 rated financial services


Job description

Regulatory & Financial Risk - Senior Manager - Model Validation

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Work you'll do

You will lead model validation work for AI, Generative AI (GenAI), and Agentic AI solutions across client engagements. You will set the technical direction for validation approaches, manage and mentor teams, and provide senior-level oversight of deliverable quality. You will work across industries such as Financial Services, Life Sciences, and Technology, Media, and Telecom, helping clients strengthen model risk management practices and deploy AI responsibly.

Responsibilities include

  • Lead end-to-end validation of AI, GenAI, and Agentic AI solutions, from initial review of objectives and data through production readiness and ongoing monitoring.
  • Design and execute fit-for-purpose validation plans (testing strategy, acceptance criteria, documentation requirements, and traceability) aligned to broader risk management processes for AI.
  • Perform effective independent challenge of model design choices, data suitability, assumptions, limitations, and intended use.
  • Validate model performance and stability using appropriate methods (for example: benchmarking, back-testing where applicable, sensitivity and stress testing, error analysis, and scenario-based evaluation).
  • Develop models (example: credit risk models) and conceptualize modernization of associated processes.
  • Validate GenAI and Agentic AI behaviors and controls (for example: evaluation of response quality, hallucination and grounding checks for RAG, prompt and tool-use testing, guardrails, escalation paths, and audit logging).
  • Assess trustworthiness topics and recommend mitigations (for example: bias and fairness considerations, explainability, robustness, privacy and security considerations, and operational controls).
  • Develop and embed automated processes for model validation, monitoring, and reporting (for example: standardized test harnesses, evaluation pipelines, and model documentation templates).
  • Serve as a key contributor to project planning and direction-prioritizing client goals, managing technical risks, and ensuring teams execute to plan.
  • Translate technical findings into clear, decision-ready messages for client stakeholders, and influence decisions with evidence-based recommendations.
  • Supervise, mentor, and develop team members through coaching, technical review, and hands-on support.
  • Connect and collaborate with specialists across Deloitte to strengthen validation approaches and stay current on emerging AI methodologies.

The successful candidate would possess these skills

Ability to work independently and collaborate as part of a team
Effective written and verbal communication skills
Meticulous attention to detail and quality of work product
Ability to build and sustain professional relationships 
Ability to lead projects or workstreams
Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
Strong interpersonal skills and professional demeanor 
Ability to meet deadlines
Ability to mentor and provide clear guidance to others

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

Required:

  • Undergraduate degree in Computer Science, Data Science, Artificial Intelligence, Applied Mathematics, or a related field.
  • Advanced Python skills; ability to guide production-quality code (readable, well-tested, with well-designed APIs).
  • Experience with GenAI frameworks and components such as Hugging Face, OpenAI APIs, Llama models, Gemini, Claude, Granite, retrieval-augmented generation (RAG), and Stable Diffusion-particularly as relevant to evaluation, controls, and validation.
  • Experience with Agentic AI frameworks such as LangChain, LangGraph, AutoGen, Semantic Kernel, and CrewAI-particularly as relevant to tool-use testing, safety controls, and operational risk.
  • Experience with at least 1 deep learning framework such as PyTorch or TensorFlow/Keras.
  • Experience building and deploying AI solutions on AWS, Azure, or GCP; familiarity with containerization (Docker, Kubernetes) for scalable deployments.
  • Strong understanding of ML/DL methods and architectures, performance assessment, and model validation.
  • Expert understanding of AI best practices and sound engineering judgment for complex issues.
  • Excellent written and verbal communication skills.
  • Ability to lead teams effectively through coaching, technical direction, and quality assurance.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
  • Ability to travel up to 15%, based on the work you do and the clients and industries/sectors you serve.

Preferred:

  • Master's degree
  • Industry specialization (for example: Financial Services)
  • Experience with JavaScript 
  • GenAI and Agentic AI projects deployed to production
  • Understanding of AI/GenAI/Agentic AI risks, bias, mitigation approaches, and responsible use
  • Large-scale deep learning model training experience

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

For individuals assigned and/or hired to work in Washington State, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Washington State and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $203,000 to $338,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Qualifications:

Regulatory & Financial Risk - Senior Manager - Model Validation

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Work you'll do

You will lead model validation work for AI, Generative AI (GenAI), and Agentic AI solutions across client engagements. You will set the technical direction for validation approaches, manage and mentor teams, and provide senior-level oversight of deliverable quality. You will work across industries such as Financial Services, Life Sciences, and Technology, Media, and Telecom, helping clients strengthen model risk management practices and deploy AI responsibly.

Responsibilities include

  • Lead end-to-end validation of AI, GenAI, and Agentic AI solutions, from initial review of objectives and data through production readiness and ongoing monitoring.
  • Design and execute fit-for-purpose validation plans (testing strategy, acceptance criteria, documentation requirements, and traceability) aligned to broader risk management processes for AI.
  • Perform effective independent challenge of model design choices, data suitability, assumptions, limitations, and intended use.
  • Validate model performance and stability using appropriate methods (for example: benchmarking, back-testing where applicable, sensitivity and stress testing, error analysis, and scenario-based evaluation).
  • Develop models (example: credit risk models) and conceptualize modernization of associated processes.
  • Validate GenAI and Agentic AI behaviors and controls (for example: evaluation of response quality, hallucination and grounding checks for RAG, prompt and tool-use testing, guardrails, escalation paths, and audit logging).
  • Assess trustworthiness topics and recommend mitigations (for example: bias and fairness considerations, explainability, robustness, privacy and security considerations, and operational controls).
  • Develop and embed automated processes for model validation, monitoring, and reporting (for example: standardized test harnesses, evaluation pipelines, and model documentation templates).
  • Serve as a key contributor to project planning and direction-prioritizing client goals, managing technical risks, and ensuring teams execute to plan.
  • Translate technical findings into clear, decision-ready messages for client stakeholders, and influence decisions with evidence-based recommendations.
  • Supervise, mentor, and develop team members through coaching, technical review, and hands-on support.
  • Connect and collaborate with specialists across Deloitte to strengthen validation approaches and stay current on emerging AI methodologies.

The successful candidate would possess these skills

Ability to work independently and collaborate as part of a team
Effective written and verbal communication skills
Meticulous attention to detail and quality of work product
Ability to build and sustain professional relationships 
Ability to lead projects or workstreams
Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
Strong interpersonal skills and professional demeanor 
Ability to meet deadlines
Ability to mentor and provide clear guidance to others

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

Required:

  • Undergraduate degree in Computer Science, Data Science, Artificial Intelligence, Applied Mathematics, or a related field.
  • Advanced Python skills; ability to guide production-quality code (readable, well-tested, with well-designed APIs).
  • Experience with GenAI frameworks and components such as Hugging Face, OpenAI APIs, Llama models, Gemini, Claude, Granite, retrieval-augmented generation (RAG), and Stable Diffusion-particularly as relevant to evaluation, controls, and validation.
  • Experience with Agentic AI frameworks such as LangChain, LangGraph, AutoGen, Semantic Kernel, and CrewAI-particularly as relevant to tool-use testing, safety controls, and operational risk.
  • Experience with at least 1 deep learning framework such as PyTorch or TensorFlow/Keras.
  • Experience building and deploying AI solutions on AWS, Azure, or GCP; familiarity with containerization (Docker, Kubernetes) for scalable deployments.
  • Strong understanding of ML/DL methods and architectures, performance assessment, and model validation.
  • Expert understanding of AI best practices and sound engineering judgment for complex issues.
  • Excellent written and verbal communication skills.
  • Ability to lead teams effectively through coaching, technical direction, and quality assurance.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
  • Ability to travel up to 15%, based on the work you do and the clients and industries/sectors you serve.

Preferred:

  • Master's degree
  • Industry specialization (for example: Financial Services)
  • Experience with JavaScript 
  • GenAI and Agentic AI projects deployed to production
  • Understanding of AI/GenAI/Agentic AI risks, bias, mitigation approaches, and responsible use
  • Large-scale deep learning model training experience

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

For individuals assigned and/or hired to work in Washington State, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Washington State and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $203,000 to $338,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Education:Bachelor's DegreeEmployment Type:

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