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

Analyst, Risk Monitoring

Chicago, IL ยท On-site

$68K - $89K/yr

We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures ... the Head of Risk and leadership Coordinate team schedules and assign after-hours shift ...

Head of Procurement

Chicago, IL ยท On-site

$160K - $180K/yr

The Head of Procurement is a pivotal leadership role within the Finance & Real Estate organization ... Enhance existing vendor risk management practices in partnership with Compliance and InfoSec.

Head of Procurement

Chicago, IL ยท Hybrid

$160K - $180K/yr

The Head of Procurement is a pivotal leadership role within the Finance & Real Estate organization ... Enhance existing vendor risk management practices in partnership with Compliance and InfoSec.

Head of Employment Law, North America The Head of Employment Law, North America ("NA"), is a Law ... risk management strategy. The position serves as the company's senior legal advisor on all NA ...

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Head Risk Management information

See Chicago, IL salary details

$55.6K

$147.5K

$267.8K

How much do head risk management jobs pay per year?

As of Jul 14, 2026, the average yearly pay for head risk management in Chicago, IL is $147,501.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,700.00 and $172,500.00 per year, depending on experience, location, and employer.

What does a head of risk management do?

A head of risk management oversees an organization's risk assessment and mitigation strategies to minimize financial, operational, and compliance risks. They develop policies, analyze data, and coordinate with other departments to ensure risks are managed effectively, often requiring strong analytical skills and industry certifications. Their role involves continuous monitoring and reporting to senior leadership to support informed decision-making.

What is the highest salary for a risk manager?

The highest salaries for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CFA, and leadership roles in large organizations or financial institutions. Senior risk managers or chief risk officers often earn higher compensation, including bonuses and incentives based on company performance.

What are some common challenges faced by a Head of Risk Management, and how can candidates prepare to address them?

A Head of Risk Management often faces challenges such as balancing regulatory compliance with business objectives, managing emerging risks, and fostering a risk-aware culture across departments. Candidates should be prepared to navigate complex regulatory landscapes, communicate effectively with both executive leadership and operational teams, and implement proactive risk assessment frameworks. Staying updated on industry trends and building strong cross-functional relationships are key to successfully mitigating risks and supporting organizational goals.

What is the difference between Head Risk Management vs Risk Analyst?

AspectHead Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, CFA) and extensive experienceUsually requires a bachelor's degree, often with certifications like FRM or CFA
Work EnvironmentStrategic leadership, overseeing risk policies across departmentsData analysis, risk assessment, and reporting within teams
Industry UsageExecutive-level role in finance, banking, insurance, and corporate sectorsOperational role in risk assessment teams across similar industries

The Head Risk Management focuses on strategic oversight and policy development at an executive level, while the Risk Analyst handles detailed risk assessments and data analysis. Both roles are essential in risk management but differ in scope, responsibilities, and seniority.

What is the highest paying risk management job?

The highest paying risk management roles are often senior executive positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What are the key skills and qualifications needed to thrive as a Head of Risk Management, and why are they important?

To thrive as a Head of Risk Management, you need deep expertise in risk assessment, regulatory compliance, and financial analysis, typically backed by a relevant degree and experience in risk-related roles. Familiarity with risk management frameworks, enterprise risk management (ERM) systems, and certifications like FRM or PRM are highly valued. Strategic thinking, leadership, and strong communication skills set outstanding risk leaders apart. These capabilities are crucial to effectively identify, mitigate, and communicate risks that could impact organizational objectives.

How much does a head of risk management make?

The salary for a head of risk management typically ranges from $100,000 to $200,000 annually, depending on the industry, company size, location, and experience. Senior risk managers with certifications like FRM or CRM often earn higher compensation, especially in financial services and large corporations.
What are the most commonly searched types of Risk Management jobs in Chicago, IL? The most popular types of Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Head Risk Management jobs? Cities near Chicago, IL with the most Head Risk Management job openings:
Analyst, Risk Monitoring

Analyst, Risk Monitoring

Wedbush

Chicago, IL โ€ข On-site

$68K - $89K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 19 days ago


Job description

Invite a friend Back to job search Job Description Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Our Chicago office is hiring an experienced Supervisor, Risk Monitoring Analyst to join our Risk and Credit Group. The primary function of this role is to lead after-hours trading operations with a focus on client activity, risk oversight, and platform support on the Coinbase Exchange. This is a full-time position that requires flexible availability to report into the office on weekends for overnight shifts (9:00PM to 1:00AM CST).

Responsibilities include, but are not limited to: Monitor client trading and margin usage on both individual and exchange-wide levels Facilitate client requests, including limit changes and account support Utilize risk platforms to track P&L, margin, and exposure metrics Provide timely market updates throughout the trading session Escalate risk or operational concerns to the Head of Risk and leadership Coordinate team schedules and assign after-hours shift responsibilities Develop technical skills and deepen platform expertise over time Collaborate with team members to ensure full trading coverage and support Respond to client inquiries promptly and professionally Perform other tasks and duties as assigned and required Experience and Skills Bachelor's Degree from an accredited university, preferably in Business Administration or other related field Minimum 3+ years of experience in trading, operations, or risk management within financial services Strong understanding of crypto markets, especially exchange-based trading (Coinbase experience a plus) Prior experience monitoring client activity, margin usage, or managing risk in a trading environment Familiarity with risk management systems and P&L monitoring tools Ability to interpret market conditions and communicate updates clearly Experience managing or coordinating teams and shift schedules preferred Moderate technical proficiency, with the ability to learn and adapt to new platforms quickly Excellent written and verbal communication skills What We Offer As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture. Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family Health Savings Account with company-sponsored contributions Flexible Spending Accounts (FSA) traditional and dependent care Pre-Tax Commuter Benefits 401(k) plan with discretionary, competitive company matching and profit-sharing contributions Tuition reimbursement up to $5,250/year 3 weeks of Paid Time Off 2 weeks of Paid Sick Time (may vary by location) 10 Paid Holidays Charitable Donation Matching Contributions Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.) FINRA License Sponsorship Travel & Employee Assistance and Employee Discount Programs The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location

A reasonable estimate of the current range is $68,000 to $89,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et

seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.