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Manager Model Risk Management Jobs in Chicago, IL

Prime Healthcare

Risk Management Manager

Chicago, IL

$70K - $102K/yr

Risk Management • Schedule: Day shift- 100% Onsite • Facility: St. Mary of Nazareth • Location: Chicago, IL 60622 **Great promotion opportunity** **Great opportunity for other healthcare ...

Prime Healthcare

Risk Management Manager

Chicago, IL

$70K - $102K/yr

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 ...

CFS

Manager - Investment Risk Management

Chicago, IL · Hybrid

Investments & Risk Manager Are you passionate about global investments and portfolio management ... Help conduct research and build financial models for investment opportunities. * Collaborate with ...

AbbVie

Risk Management Lead - Hybrid

North Chicago, IL · On-site

Serve as a leader to functional departments in embedding the end to end RBQM model and support sustainability. Partner with cross-functional leaders in the development of risk management strategies ...

AbbVie

Risk Management Lead - Hybrid

North Chicago, IL · On-site

Serve as a leader to functional departments in embedding the end to end RBQM model and support sustainability. Partner with cross-functional leaders in the development of risk management strategies ...

LivaNova

Manager, Enterprise Risk Management

Chicago, IL · On-site

$110K - $150K/yr

The Manager, Enterprise Risk Management is responsible for overseeing and coordinating the organization's Enterprise Risk Management (ERM) framework, ensuring effective risk identification ...

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All JobsManager Model Risk Management JobsManager Model Risk Management Jobs in Chicago, IL

Manager Model Risk Management information

See Chicago, IL salary details

$44.8K

$106.8K

$172.6K

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

As of Jun 20, 2026, the average yearly pay for manager model risk management in Chicago, IL is $106,830.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $136,000.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.

What does a model risk manager do?

A model risk manager oversees the identification, assessment, and mitigation of risks associated with financial and operational models used within an organization. They ensure models are accurate, compliant with regulations, and perform as intended, often working with validation teams and utilizing tools like statistical software. Their role helps prevent financial loss and supports sound decision-making.

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.

Is model risk management a good career?

Model risk management is a specialized field within financial and banking sectors that involves identifying, assessing, and mitigating risks associated with financial models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.

What is the salary of model risk management in Deloitte?

The salary for a Manager in Model Risk Management at Deloitte typically ranges from $110,000 to $150,000 annually, depending on experience, location, and performance. Additional benefits may include bonuses, health insurance, and professional development opportunities.
What are the most commonly searched types of Model Risk Management jobs in Chicago, IL? The most popular types of Model Risk Management jobs in Chicago, IL are:
What are popular job titles related to Manager Model Risk Management jobs in Chicago, IL? For Manager Model Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Chicago, IL look for? The top searched job categories for Manager Model Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Manager Model Risk Management jobs? Cities near Chicago, IL with the most Manager Model Risk Management job openings:
Manager Model Risk Management jobs near you

Risk Management Manager

Saint Mary of Nazareth Hospital

Chicago, IL • On-site

$70K - $102K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 16 hours ago

Job description

Overview

Department: Risk Management

Schedule: Day shift- 100% Onsite

Facility: St. Mary of Nazareth 

Location: Chicago, IL 60622

**Great promotion opportunity**

**Great opportunity for other healthcare disciplines to transition into risk management**

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

Saint Mary of Nazareth Hospital 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 StatusFull TimeShiftDaysEqual 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

 #LI-RT1Employment Type: FULL_TIME

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