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

Reporting to the Head of Cybersecurity, Fraud & Technology Risk Management, the Sr. Manager, Operational Risk is accountable for conducting an independent review of the Bank's Artificial Intelligence ...

Head of Corporate Security

Chicago, IL · On-site

$190K - $237K/yr

Role Summary The Head of Corporate Security owns the development and implementation of Kraft Heinz ... Manage threat intelligence, horizon scanning, and global risk monitoring, providing periodic ...

As Head of Managed Services at Ripple Treasury, you own the delivery, performance, and growth of ... FX and Interest Rate Risk management. You lead a team of Derivative Accountants who deliver ...

Head of Procurement

Chicago, IL · 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 · 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.

Showing results 21-40

Head Risk Management information

See Cicero, IL salary details

$54.3K

$143.9K

$261.3K

How much do head risk management jobs pay per year?

As of Aug 10, 2026, the average yearly pay for head risk management in Cicero, IL is $143,895.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,000.00 and $168,300.00 per year, depending on experience, location, and employer.

What are some common challenges faced by a head 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 are the key skills and qualifications needed to thrive as a head 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.
What cities near Cicero, IL are hiring for Head Risk Management jobs? Cities near Cicero, IL with the most Head Risk Management job openings:
Infographic showing various Head Risk Management job openings in Cicero, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $143,895 per year, or $69.2 per hour.

Global Head of Wealth Management Compliance

Northern Trust

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago


Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
The Global Head of Wealth Compliance is responsible for leading, developing, and executing the compliance strategy for the firm's global wealth management business. This role ensures that the organisation meets all regulatory obligations across jurisdictions, maintains robust conduct and fiduciary standards, and implements effective compliance frameworks that support sustainable business growth, protect clients, and safeguard the firm's reputation.
This is a senior leadership position that requires deep expertise in wealth and investment management regulation, strong risk management acumen, and the ability to influence executive-level stakeholders globally. The role oversees a global team of compliance professionals and reports directly to the Global Chief Compliance and Ethics Officer (CCEO).
Key Responsibilities:
  • Partner with the CCEO to develop and execute the compliance strategy for Global Wealth Compliance in alignment with business objectives, regulatory expectations, and the firm's risk appetite.
  • Provide forward-looking compliance guidance on business initiatives, regulatory change, and emerging risk trends.
  • Lead and enhance the end-to-end Global Wealth compliance program, including regulatory compliance, conduct risk management, financial crimes compliance (e.g., AML, sanctions), conduct adherence partnering with relevant peer leaders as required
  • Oversee the effectiveness of policies, controls, monitoring activities, and quality assurance across the Wealth business.
  • Support the Global Wealth business in the identification of emerging compliance risks and ensure proper monitoring, testing, and mitigation strategies are in place.
  • Support the Global wealth business in the identification of emerging compliance risks and ensure proper monitoring, testing, and mitigation strategies are in place.
  • Integrate Wealth Compliance activities with the broader Enterprise Risk Management framework.
  • Serve as the primary Compliance point of contact for regulators overseeing the Global Wealth business.
  • Act as a trusted advisor to business leaders and product teams on new initiatives, new product approvals, digital wealth solutions, and client onboarding models.
  • Provide clear, pragmatic guidance to support commercial objectives while protecting the firm and its clients
  • Lead interactions related to exams, inquiries, remediation activities, and regulatory reporting specific to the Global Banking and Markets business.
  • Partner with Compliance Senior Leadership Enterprise Compliance members to lead the implementation of the Wealth Compliance Program across the Wealth legal entities
  • Advise business partners, including senior management, on compliance risks specific to the Wealth business
  • Oversee compliance with global, regional, and local regulatory requirements (e.g., FCA, SEC, FINRA, MAS, ESMA, ASIC, SFC).
  • Ensure effective regulatory change management for wealth-related rules, including suitability, best-interest duties, AML/CTF, sanctions, cross-border marketing, data privacy, and consumer protection partnering with peer leads as appropriate
  • Participate in governance forums, and regional/legal entity forums as appropriate providing regular updates on compliance risk matters, inclusive of themes, regulatory developments, and significant incidents
  • Provide relevant subject matter expertise for training programs to ensure employees understand regulatory obligations and ethical standards.
  • Lead and develop a high-performing, globally distributed team of Compliance Officers.
  • Promote collaboration, professional development, and operational excellence.
  • Ensure strong succession planning and resource management.

The successful candidate will demonstrate some of the following skills:
  • Foster a strong compliance risk management and accountability across the Wealth organisation.
  • Champion behavioural expectations aligned with Northern Trust's values and conduct risk principles.
  • Provide leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication
  • Deep knowledge of wealth-related regulatory frameworks across major jurisdictions.
  • Strong understanding of investment products (e.g., funds, structured products, discretionary portfolios, alternatives, ESG offerings)
  • Abide by all regulatory and corporate requirements
  • Promote Northern Trust's OneNT strategy of strengthening resiliency and manging risk, optimizing growth and driving productivity through the NT enablers of technology, talent and data.
  • Act as a role model and demonstrate cultural behaviours of being relentlessly client centric. Constantly managing risk, respectfully candid, intentionally inclusive and always accountable.

Qualifications:
The successful candidate will benefit from having:
  • 15+ years of progressive Compliance experience
  • Deep knowledge of global regulatory frameworks (SEC, FRB, FCA, PRA, MAS).
  • Strong understanding of compliance risk management, conduct risk, and financial crimes compliance.
  • Proven ability to influence regulators, boards, and executive leadership.
  • Excellent strategic thinking, analytical skills, and judgement.
  • Strong leadership presence with outstanding communication skills.
  • Bachelor's degree required; JD, MBA, CAMS, or other advanced qualifications preferred.

Salary Range:
$171,700 - 300,500 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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