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Head Risk Management Jobs in Oak Forest, IL (NOW HIRING)

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 ...

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

S. ISOs and transition to margin-based trading, we need a Head of Risk who can design the ... The right person has seen risk management done well at established institutions and knows what to ...

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

S. ISOs and transition to margin-based trading, we need a Head of Risk who can design the ... The right person has seen risk management done well at established institutions and knows what to ...

Financial Risk Lead

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

About The Role Reporting to the Head of Risk Management, the Lead of Financial Risk owns second-line oversight of market, credit, liquidity, and counterparty risk across the firm. You will build the ...

Financial Risk Lead

Chicago, IL · On-site

$200 - $215/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

About The Role Reporting to the Head of Risk Management, the Lead of Financial Risk owns second-line oversight of market, credit, liquidity, and counterparty risk across the firm. You will build the ...

Analyst, Risk Monitoring

Chicago, IL · On-site

$68K - $89K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

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 ...

Operational & Technology Risk Lead

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

About The Role Reporting to the Head of Risk Management, the Lead of Operational & Technology Risk owns the enterprise operational and resiliency risk program across a regulated, globally distributed ...

... Risk management. You lead a team of Derivative Accountants who deliver technical excellence to our client portfolio, and you're accountable for the practice's operational health end to end: client ...

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Showing results 1-20

Head Risk Management information

See Oak Forest, IL salary details

$52.3K

$138.6K

$251.6K

How much do head risk management jobs pay per year?

As of Aug 19, 2026, the average yearly pay for head risk management in Oak Forest, IL is $138,555.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,100.00 and $162,100.00 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 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 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 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 analyze data, develop policies, and coordinate with other departments to ensure risks are managed effectively, often requiring strong analytical skills and industry certifications. This role typically involves leadership, strategic planning, and regular reporting to executive management.

What cities near Oak Forest, IL are hiring for Head Risk Management jobs?

Cities near Oak Forest, IL with the most Head Risk Management job openings:

Infographic showing various Head Risk Management job openings in Oak Forest, 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 $138,555 per year, or $66.6 per hour.

Global Head of Risk Management

Geneva Trading

Chicago, IL • On-site

$225K - $300K/yr

Full-time

Re-posted 26 days ago


Job description

Founded in 1999, Geneva Trading is a premier global principal trading firm with strategically located offices in Chicago, Dublin, and London. Our relentless focus on trading excellence combined with technological innovation has equipped us with a best-in-class proprietary trading platform, enabling us to compete at the highest levels in the global markets. Rooted in a culture of integrity, collaboration, and an unwavering passion for progress, we foster an environment of personal and professional excellence. Our nimble organizational structure and entrepreneurial spirit attract top-tier talent with a passion for innovation, laying the foundation and driving our consistent success in the industry.
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 risk management framework. This person will also identify and manage risks in Geneva's existing and newly proposed trading strategies. The role will report to the CAO and work closely with other members of the executive suite and board of directors.
How You Can Make An Impact
  • Define and drive enhancements to the firm's Risk Framework
  • Update and maintain the firm's Risk Manual as necessary
  • Work closely with Senior Management on identifying and assessing risks of potential and existing business lines
    • Participate in several management meetings per month
  • Supervise and manage all employees of the Risk team globally
  • Model, analyze, and optimize existing and new risk matrices
  • Drive the development and implementation of analytical risk models to provide insight into the firm's various trading activities
  • Monitor risk on a real time basis, leveraging our monitoring and analysis framework to identify and communicate important risk-related information to traders and management
  • Interpret and utilize quantitative results from risk reporting efforts and communicate these effectively
  • Work directly with traders and senior management on escalated risk issues
  • Collaborate with trading and development team members to design and employ risk controls in Geneva's proprietary execution software
  • Conduct regulatory reporting as required
  • Manage trading limits and trading software risk settings within the firm
  • Must be willing to receive training for new asset classes that the firm intends to participate in

What You'll Need
  • Bachelor's Degree or above in a quantitative discipline. (physics, finance, economics, econometrics, statistics, mathematics, or equivalent experience
  • CFA, JD, and/or MBA is a plus
  • At least 7 years' relevant experience as a Senior Risk Manager in a derivatives trading environment
  • Experience with futures, options, cryptocurrency, and power trading strategies and risk management; trading through or managing risk through a market-crisis is highly preferred (i.e. 9/11 or 2008 events)
  • Experience building various models to evaluate and represent derivative market risk, including Historical Simulation, VaR, Scenario Analysis/Stress Testing, Greeks, Option profiles, etc.
  • Experience dealing directly with traders on risk-related issues
  • Experience and comfort dealing directly with senior management on risk-related issues
  • Deep understanding of futures and options trading (Fixed Income, FX, Equities, Commodities, etc.) and their Greeks
  • Detailed knowledge of exchange traded derivative products with an emphasis on their risk characteristics
  • Ability to handle high pressure situations
  • Good communication and interpersonal skills
  • Ability to manage others
  • Desire to work in a fast paced, collaborative, and entrepreneurial environment
  • Deep understanding of US, European and Asian regulatory environments including Dodd-Frank, Regulation Automated Trading (Reg AT), MiFID II and Japanese HST

Compensation
Base Salary Range: $225,000 - $300,000, plus eligibility for a performance-based bonus.
Final compensation will be determined based on the candidate's skills, experience, education, and qualifications. In addition to base salary, Geneva Trading offers a competitive total rewards package, including a comprehensive benefits program. Learn more about our employee incentives here: https://www.genevatrading.com/employee-incentives/
Application expected to close: 6/01/2026
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.