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It Risk Manager Jobs in Illinois (NOW HIRING)

Saxon Global

IT Compliance

Lake Forest, IL

$93K - $93K/yr

Persons in this role will be a primary resource for gathering IT risk and controls information and facilitating related surveys and audits. Partner with the IT Compliance managers and director to ...

Huntington

Enterprise Architect (IT)

Chicago, IL · On-site +1

$102K - $208K/yr

Partner with cybersecurity, technology risk, compliance, infrastructure, application, data, and operations teams to support holistic IT risk management. * Facilitate alignment across application ...

Huntington

Enterprise Architect (IT)

Chicago, IL · On-site +1

$71 - $91.75/hr

Partner with cybersecurity, technology risk, compliance, infrastructure, application, data, and operations teams to support holistic IT risk management. * Facilitate alignment across application ...

Old National Bank

IT Audit Manager, Sr

Chicago, IL · On-site

$199K/yr

The IT Audit Manager, Sr works closely with IT/Risk management to understand products, organizational initiatives and systems, and provide quality audit services which meet department and ...

PLS

IT Compliance Lead

Oak Brook, IL · On-site

$158K/yr

Job Responsibilities : * Support IT compliance activities across PCI DSS, GLBA, IT controls, security awareness, technology risk management, and related cybersecurity and regulatory requirements ...

PLS

IT Compliance Lead

Oak Brook, IL

$158K/yr

Job Responsibilities : * Support IT compliance activities across PCI DSS, GLBA, IT controls, security awareness, technology risk management, and related cybersecurity and regulatory requirements ...

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All JobsIt Risk JobsIt Risk Manager JobsIt Risk Manager Jobs in Illinois

It Risk Manager information

See Illinois salary details

$49.9K

$108.1K

$164.7K

How much do it risk manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for it risk manager in Illinois is $108,101.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $125,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by IT Risk Managers when implementing risk mitigation strategies across different departments?

IT Risk Managers often encounter challenges such as varying levels of risk awareness among departments, resistance to new controls or procedures, and balancing business objectives with security requirements. Successful risk mitigation requires clear communication, stakeholder buy-in, and tailored training to ensure all teams understand the importance of compliance. Building strong relationships and fostering a culture of shared responsibility are key to overcoming these hurdles and ensuring effective risk management across the organization.

What are the key skills and qualifications needed to thrive as an IT Risk Manager, and why are they important?

To thrive as an IT Risk Manager, you need a solid understanding of risk assessment, information security, and compliance frameworks, often backed by a bachelor's degree in information technology or related fields. Familiarity with tools such as risk management software, GRC platforms, and certifications like CISSP, CISM, or CRISC is typically required. Strong analytical thinking, communication skills, and the ability to influence stakeholders are crucial soft skills in this role. These skills ensure effective identification, mitigation, and communication of IT risks, supporting organizational resilience and compliance.

What does an IT Risk Manager do?

An IT Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact an organization's information technology systems and data. They develop and implement risk management strategies, policies, and procedures to protect against cybersecurity threats, data breaches, and compliance violations. IT Risk Managers also work closely with other departments to ensure security best practices are followed and often lead risk assessments, audits, and incident response planning.

What is the difference between It Risk Manager vs Cybersecurity Analyst?

AspectIt Risk ManagerCybersecurity Analyst
CertificationsCRISC, CISSP, CISMCISSP, Security+, CEH
Work EnvironmentOversees risk management strategies across IT systemsMonitors and responds to security threats and incidents
Industry UsageUsed in organizations with complex IT infrastructuresCommon in security-focused roles across industries

The It Risk Manager focuses on identifying and managing IT risks at an organizational level, ensuring compliance and risk mitigation strategies. In contrast, a Cybersecurity Analyst primarily monitors security threats and responds to incidents. While both roles require similar certifications and work within the IT security domain, the It Risk Manager has a broader scope related to risk management policies, whereas the Cybersecurity Analyst concentrates on threat detection and response.

What are popular job titles related to It Risk Manager jobs in Illinois? For It Risk Manager jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching It Risk Manager jobs in Illinois look for? The top searched job categories for It Risk Manager jobs in Illinois are:
What cities in Illinois are hiring for It Risk Manager jobs? Cities in Illinois with the most It Risk Manager job openings:
It Risk Manager jobs near you
Infographic showing various It Risk Manager job openings in Illinois as of July 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution, with an average salary of $108,101 per year, or $52 per hour.

Associate Principal, Operational Risk Management and Controls

The Options Clearing Corporation

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 7 days ago

Job description

To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment.
What You'll Do:
This role will provide critical support to the Director of Operational Risk to evaluate IT and Security risks by assisting with risk assessments and applying aspects of the risk management framework across the process, risk, and control universe. Additionally, this role will help with the risk assessment program activities, coordinate with other functions (e.g. IT, Security, TPRM, Legal, Compliance, and Internal Audit) and facilitate appropriate ORM governance to ensure alignment to OCC strategy and short-term objectives.
The Operational Risk Management (ORM) department identifies, measures, monitors, and reports risks and exposures across the organization through the Risk Management Framework, and specifically through several risk programs, including but not limited to: Enterprise Risk Assessments (ERA) , Risk Event Analysis, Scenario Analysis, Key Risk Indicators, and Risk Reporting. The ORM team is a dedicated group of professionals focused on developing and executing second line of defense oversight responsibilities for OCC.
Primary Duties and Responsibilities:
To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.
  • Collaborate with IT, Security, TPRM, Legal, Compliance, and Internal Audit to ensure that ORM contributes to strengthening the overall effective management of IT and Security risk across the organization.
  • Lead the OCC's risk identification and assessment process (Risk Intake) for IT, Security and business risks, and verify the consistency and reliability of the associated frameworks and systems.
  • Drive adherence to methodologies, guidance, and standards applicable to risk identification and assessment frameworks.
  • Maintain risk inventories, taxonomies, and other elements supporting IT & Security risk management and compliance activities
  • Lead and execute the IT and Security risk assessment process, while aligning to the risk and control universe, and regulatory requirements and expectations.
  • Ensure issues are properly reported to business areas and remediated appropriately to reduce outstanding risk or performance breakdowns
  • Generate reports of Archer data for various stakeholders, including regulators.
  • Help automate IT & Security risk oversight.
  • Communicate results of risk assessments to governance committees, business owners, and various levels of leadership.
  • Collaborate on the enhancement and maintenance of ORM program methodologies, policies, procedures, and job aides, including the development of new program activities.
  • Track and update ORM team internal findings, external exam issues, and business area self-identified issues resulting from Enterprise Risk Assessment.

Supervisory Responsibilities
None
Are the essental duties of this job required to be performed in an OCC office location? Yes - Chicago office 3 days/week
Qualifications:
The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.
  • [Required] Advanced understanding of IT risk, Security risk, and intermediate understanding of Operational risk
  • [Required] Ability to act as a trusted advisor and provide effective challenge
  • [Required] Creative, independent thinker, with a willingness to develop and drive new ideas
  • [Required] Excellent written, verbal and presentation skills
  • [Required] Must be team-oriented and be able to collaborate effectively in department and cross-departmental efforts
  • [Required] Ability to work under pressure and with tight deadlines
  • [Preferred] Familiarity with Financial Market Utilities; securities and derivatives markets
  • [Preferred] Ability to work in a highly regulated environment, including with the SEC, CFTC, and Federal Reserve; Familiarity with the Covered Clearing Agency regulations

Technical Skills & Background
  • [Required] Proficient in Microsoft Word, Excel, Access, and PowerPoint
  • [Required] Experience with eGRC systems (e.g., Archer)

Education & Training
  • [Required] Bachelor's Degree in Finance, Business, Information Systems, Computer Science (or equivalent) preferred
  • [Required] 3+ years of experience in enterprise risk, technology risk, security risk, or risk consultancy, specifically with focus on assessing IT and Security risk
  • [Preferred] Consulting experience

Certificates or Licenses:
  • [Preferred] Certification such as: CPA, CISSP, Security+, CSX-P, CET, CISA or CISM

About Us
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
Benefits
A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:
  • A hybrid work environment, up to 2 days per week of remote work
  • Tuition Reimbursement to support your continued education
  • Student Loan Repayment Assistance
  • Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
  • Generous PTO and Parental leave
  • 401k Employer Match
  • Competitive health benefits including medical, dental and vision

Visit https://www.theocc.com/careers/thriving-together for more information.
Compensation
  • The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
  • In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
  • We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
  • All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.

Salary Range
$98,100.00 - $142,000.00
Incentive Range
8% to 15%
This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.
Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.
Step 2
You will receive an email notification to confirm that we've received your application.
Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.
For more information about OCC, please click here.
OCC is an Equal Opportunity Employer

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