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Manager Model Risk Management Jobs in Arlington Heights, IL

Risk Management Manager

Chicago, IL · On-site

$71 - $102/hr

Risk Management • Schedule: Day shift- 100% Onsite • Facility: St. Mary of Nazareth • Location: Chicago, IL 60622 As a Risk Management Manager you will focus on protecting patients, staff, and ...

The individual will partner closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior, identify emerging risks, and support ...

Quantitative Modeler Manager - AML

Chicago, IL

$56.50 - $73.25/hr

Professional communication skills are crucial as this individual (and their work product) will represent the FIU team to EFCC senior leadership, Model Risk Management, internal audit and quality ...

Showing results 21-40

Manager Model Risk Management information

See Arlington Heights, IL salary details

$43.5K

$103.7K

$167.5K

How much do manager model risk management jobs pay per year?

As of Aug 22, 2026, the average yearly pay for manager model risk management in Arlington Heights, IL is $103,714.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $132,000.00 per year, depending on experience, location, and employer.

What is the difference between Manager Model Risk Management vs Model Risk Analyst?

AspectManager Model Risk ManagementModel Risk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFAOften requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications
Work EnvironmentLeads teams, manages risk frameworks, and interacts with senior managementPerforms detailed risk analysis, supports model validation, and reports findings
Employer & Industry UsageCommon in banking, asset management, and financial institutionsFound in similar environments, often as a supporting role to managers

The Manager Model Risk Management oversees the entire model risk framework, manages teams, and interacts with senior stakeholders. In contrast, the Model Risk Analyst focuses on detailed analysis, validation, and reporting of models. Both roles require similar credentials but differ in scope and responsibilities.

What job categories do people searching Manager Model Risk Management jobs in Arlington Heights, IL look for?

The top searched job categories for Manager Model Risk Management jobs in Arlington Heights, IL are:

What cities near Arlington Heights, IL are hiring for Manager Model Risk Management jobs?

Cities near Arlington Heights, IL with the most Manager Model Risk Management job openings:

Infographic showing various Manager Model Risk Management job openings in Arlington Heights, 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 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $103,714 per year, or $49.9 per hour.

Risk Management Manager

Prime Healthcare

Chicago, IL • On-site

$71 - $102/hr

Other

Medical, Dental, Vision, Retirement, PTO

Re-posted 11 days ago


Prime Healthcare rating

6.5

Company rating: 6.5 out of 10

Based on 285 frontline employees who took The Breakroom Quiz

606th of 891 rated healthcare providers


Job description

Overview

• Department: Risk Management

• Schedule: Day shift- 100% Onsite

• Facility: St. Mary of Nazareth

• Location: Chicago, IL 60622

As a Risk Management Manager you will focus on protecting patients, staff, and the organization by identifying and reducing risks related to patient care, compliance, safety, and operations.

Why Resurrection?

It’s where Big City Energy Meets Suburban Ease

Conveniently located between the city and suburbs. Resurrection offers easy access via freeway and CTA, plus free parking for drivers. Just 15 minutes from O’Hare, we are a key feeder hospital with a fast-paced and diverse clinical environment

Join us and grow your career in a setting that blends accessibility, variety, and opportunity.

Responsibilities

Responsible for designing, organizing, coordinating, and implementing the Risk Management Program with the objective of controlling and minimizing loss to protect the human, physical and fiscal assets of the organization. Is an active participant in performance improvement data collection, activities, and functions to promote an integrated program, which ensures the provision of the highest quality of health care in collaborates with personnel responsible for safety and security and actively participates in risk-related activities in this area. Provides assistance with claims investigation, management and litigation. Facilitates reporting of safety data/events. Evaluates risk management program(s) through the use of data capture, follow up and trend analysis and presents findings to appropriate committees. Assists with the development and implementation of initiatives, policies and procedures, including staff education activities, regarding risk reduction/elimination throughout the organization. Oversees grievance process. Collaborates with multidisciplinary team on problem identification and resolution, cost containment issues, implementation of new services and systems/ performance measures.

Qualifications

EDUCATION, EXPERIENCE, TRAINING

1. Bachelor of Science in Nursing or healthcare related field preferred.

2. Fellow or Diplomat of American Society of Healthcare Risk Managers Associate in Risk Management (ARM) or Certified Professional in Healthcare Risk Management (CPHRM), preferred.

3. Five years clinical and/or management experience in a multidisciplinary health care setting which includes a minimum of two years of Risk Management experience in acute care setting preferred.

4. Experience in risk management and/or professional liability claims management preferred.

5. Should be knowledgeable about current State Laws and Regulations as applicable to facility.

Pay Transparency

Resurrection Medical Center offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options. A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $70,720.00 to $102,419.20 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire, in which a wide range of factors will be considered, including but not limited to, skillset, years of applicable experience, education, credentials and licensure.

The company is dedicated to empowering its staff with a comprehensive, competitive benefits package, allowing them the freedom to customize their benefits to fit their unique needs. Our abundant resources, programs, and voluntary options serve as a foundation for individual growth and well-being. Learn more here: https://www.primehealthcare.com/benefitsthatmattermost/

Employment Status

Full Time

Shift

Days

Equal Employment Opportunity

Company is an equal employment opportunity employer. Company prohibits discrimination against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age (subject to applicable law), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. The Company also prohibits harassment of applicants or employees based on any of these protected categories. Know Your Rights: https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf

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What Prime Healthcare employees say

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