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Head Of Operational Risk Jobs in Illinois (NOW HIRING)

CC Industries

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

... operations, tax, research and innovation, human resources, information technologies, and legal. Why ... This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk ...

Henry Crown & Company

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

... operations, tax, research and innovation, human resources, information technologies, and legal. Why ... This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk ...

Geneva Trading

Global Head of Risk Management

Chicago, IL · On-site

$225K - $300K/yr

The Global Head of Market Risk Management will play a key role in the trading firm's dynamic environment. This person will develop and apply analytic tools and techniques to define and enhance our ...

Hightower

Head of Procurement

Chicago, IL · On-site

$160K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... risk, and enhance organizational value. This role requires a strategic, forward-thinking approach paired with the ability to execute hands-on operational work. The Head of Procurement will influence ...

hightower

Head of Procurement

Chicago, IL · Hybrid

$160K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... risk, and enhance organizational value. This role requires a strategic, forwardthinking approach paired with the ability to execute handson operational work. The Head of Procurement will influence ...

Viridian Staffing

Head of Cultivation

Springfield, IL · On-site

$105K - $125K/yr

  • Medical

  • Dental

  • Vision

Head Of Cultivation Viridian Staffing is seeking a seasoned Head of Cultivation to join our client ... In this role, you'll lead a team across all aspects of cultivation operations. You'll be ...

New

Canopius

Head of Programs

Chicago, IL · On-site

$200K - $232K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

The Role The US Head of Programs is a senior portfolio management position responsible for the ... risk appetite, etc. Operational and Cross-Functional * Manage the full life-cycle of the launch of ...

Cccis

Head of Compliance

Chicago, IL · On-site

$129K - $174K/yr

  • Medical

  • Retirement

  • PTO

The Role CCC Intelligent Solutions is seeking a Head of Compliance (HOC) to lead and continuously ... and operational risk. As a strategic partner to the Executive Leadership Team (ELT), the HOC will ...

JLL

Global Head of Benefits

Chicago, IL

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

JLL's scale - 110,000 employees, $700M in annual spend, operations across 80+ countries - means ... Direct due diligence for M&A activities - identifying benefits-related risk, designing integration ...

CCC Information Services

Head of Compliance

Chicago Heights, IL · On-site

$181.03 - $293/hr

  • Medical

  • Retirement

  • PTO

The Role We are seeking a Head of Compliance (HOC) to lead and continuously evolve a modern ... and operational risk. As a strategic partner to the Executive Leadership Team (ELT), the HOC will ...

CCC Intelligent Solutions, Inc.

Head of Compliance

Chicago, IL · On-site

$129K - $174K/yr

  • Medical

  • Retirement

  • PTO

The Role CCC Intelligent Solutions is seeking a Head of Compliance (HOC) to lead and continuously ... and operational risk. As a strategic partner to the Executive Leadership Team (ELT), the HOC will ...

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Showing results 21-40

All JobsHead Of Operational Risk JobsHead Of Operational Risk Jobs in Illinois

Head Of Operational Risk information

See Illinois salary details

$45.5K

$117K

$229.7K

How much do head of operational risk jobs pay per year?

As of Aug 17, 2026, the average yearly pay for head of operational risk in Illinois is $116,967.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,200.00 and $154,100.00 per year, depending on experience, location, and employer.

What does a head of operational risk do?

A Head of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's day-to-day operations. They develop risk management strategies, implement policies, and ensure compliance with regulatory requirements. This role often involves overseeing risk assessments, collaborating with various departments, and reporting to senior management or the board. Their main goal is to minimize losses and enhance the organization's resilience against operational threats.

How does the head of operational risk typically collaborate with other departments to manage organizational risk?

The Head of Operational Risk works closely with departments such as compliance, audit, IT, and business units to identify, assess, and mitigate risks across the organization. Regular cross-functional meetings, risk assessments, and workshops are common practices to ensure all teams are aligned on risk management strategies. This collaborative approach helps to create a comprehensive risk culture, ensures effective communication of risk policies, and supports proactive management of emerging risks. Strong interpersonal and leadership skills are essential for building relationships and driving risk initiatives across diverse teams.

What are the key skills and qualifications needed to thrive as a head of operational risk, and why are they important?

To thrive as a Head of Operational Risk, you need strong expertise in risk management, analytical skills, and a background in finance or business, often supported by relevant degrees and industry certifications such as FRM or PRM. Familiarity with risk assessment tools, regulatory compliance systems, and data analysis platforms is typically required. Exceptional leadership, communication, and strategic thinking are crucial soft skills for influencing stakeholders and guiding risk culture. These skills and qualities are vital for identifying, mitigating, and managing risks to ensure organizational stability and regulatory compliance.

What are popular job titles related to Head Of Operational Risk jobs in Illinois?

For Head Of Operational Risk jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Head Of Operational Risk jobs in Illinois look for?

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Head Of Operational Risk jobs near you
Infographic showing various Head Of Operational Risk job openings in Illinois as of August 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $116,967 per year, or $56.2 per hour.

Head of Risk Management

CC Industries

Chicago, IL • On-site

$350K - $420K/yr

Full-time

Posted 13 days ago

Job description


About HCC/CCI
Henry Crown & Company/CC Industries is a Chicago-based, privately-held company that manages business, philanthropic, and family interests on behalf of a multi-generational family. The business ventures fall into broadly-defined categories: wholly-owned operating companies, public and private equity investments, and real estate. The enterprise also supports individual and collective giving through Crown Family Philanthropies and provides traditional family office services across generations. The enterprise employs approximately 350 professionals in the areas of investment management, corporate development, financial operations, tax, research and innovation, human resources, information technologies, and legal.
Why Work for Us?
We are a private enterprise with more than a 100-year legacy and track record of financial success, supporting our communities, and taking care of our employees. We plan strategically with a long-term time horizon and an integrated approach to access superior opportunities and optimize financial results. Integrity, collaboration, and dedication are cornerstones of our workplace culture that create rewarding professional experiences.
Position Description
This role is responsible for developing and implementing Corporate Risk Management and Environmental, Health and Safety strategies, frameworks, and systems to prevent losses and proactively mitigate and control risk. This role also leads the placement and coordination of Commercial Property & Casualty and Personal Lines Insurance programs, including leadership and administration of two wholly-owned insurance captives, the Enterprise Risk Management process, and claims management. This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management.
Responsibilities
  • Establish risk management and E,H,S policies, procedures, and guidelines.
  • Identify and analyze risk exposures and determine how to respond. Continually monitor.
  • Provide consulting services to businesses on E,H,S, insurance and risk management issues.
  • Evaluate, negotiate and select commercial and personal lines insurance programs to include coverages, limits, retention levels, strong carriers, cost, service, etc., and communicate to appropriate parties.
  • Lead, manage and perform administrative duties associated with the organization's captive insurance companies.
  • Lead the Enterprise Risk Management process to ensure the organization's most significant risks are identified and mitigated.
  • Oversee claims management activities.
  • Review insurance provisions in major business & financial contracts.
  • Develop and direct production of reports and analyze financial results of the risk management program.
  • Develop training programs on insurance and risk management issues.
  • Spearhead risk management due diligence related to acquisitions.
  • Direct inspections, surveys and audits within family portfolio, operating businesses and partnership deal contracts.
  • Ensure all reporting requirements are met under existing insurance policies.
  • Direct risk management staff.
  • Travel 15%-20% of the time.

Qualifications
  • Bachelor's Degree (Risk Management Degree Preferred); Master's Degree in Business Administration preferred.
  • CPCU, ARM or CRM preferred.
  • Strong communication, presentation and interpersonal skills.
  • Strong problem resolution and analytical abilities.
  • Deep understanding of Risk Management for a large, complex organization to include commercial insurance placement and E,H,S in a corporate role (preferred) or consulting role.
  • Strong understanding of insurance coverages.
  • Management experience with captive insurance companies and Enterprise Risk Management processes.
  • Working knowledge of Microsoft Office and Excel.
  • Ability to make quick and practical decisions.
  • Focused, organized & results oriented.

The Starting Salary Range: $350k-$420k with bonus eligibility. Exact compensation may vary based on skills, experience, and location. To see an overview of all our benefits please go to our career portal here.
Don't meet every single requirement? Studies have shown that women, members of the LGBTQIA+ community, individuals experiencing disability and BIPOC are less likely to apply to jobs unless they meet every single qualification. At HCC/CCI we are dedicated to building a diverse, inclusive and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

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