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Manager Model Risk Management Jobs in Northbrook, IL

The Parking Spot

Director, Risk Management

Chicago, IL · Hybrid

$150K - $170K/yr

Director, Risk Management | Corporate With more than 25 years in business, The Parking Spot has grown into the largest near-airport parking company in the United States with over 2,000 valued team ...

The Parking Spot

Director, Risk Management

Chicago, IL · Hybrid

$150K - $170K/yr

Director, Risk Management | Corporate With more than 25 years in business, The Parking Spot has grown into the largest near-airport parking company in the United States with over 2,000 valued team ...

PayPal, Inc.

Director, Risk Management

Chicago, IL · On-site

$176.50K - $262.35K/yr

This job establishes overall business or technical strategy for risk management, influences ... PayPal's balanced hybrid work model offers 3 days in the office for effective in-person ...

PayPal

Director, Risk Management

Chicago, IL

$176.50K - $262.35K/yr

This job establishes overall business or technical strategy for risk management, influences ... PayPal's balanced hybrid work model offers 3 days in the office for effective in-person ...

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Manager Model Risk Management information

See Northbrook, IL salary details

$44.2K

$105.3K

$170K

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

As of Jun 1, 2026, the average yearly pay for manager model risk management in Northbrook, IL is $105,259.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,600.00 and $134,000.00 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 are the most commonly searched types of Model Risk Management jobs in Northbrook, IL? The most popular types of Model Risk Management jobs in Northbrook, IL are:
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What cities near Northbrook, IL are hiring for Manager Model Risk Management jobs? Cities near Northbrook, IL with the most Manager Model Risk Management job openings:
Manager Model Risk Management jobs near you

Manager, Enterprise Risk Management

LivaNova

Chicago, IL

$110K - $150K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 26 days ago

Job description

As a global medtech company, we are driven by our Vision of changing the trajectory of lives for a new day and our Mission to create ingenious solutions that ignite patient turnarounds. Our relentless commitment to patients and strong legacy of innovation in healthcare are the foundation of our future. If you're looking for a new chance, a new beginning, a new trajectory, LivaNova is where your talent can truly thrive. Join our talented team members worldwide to become a pioneer of tomorrow-because at LivaNova, we don't just treat conditions - we aspire to alter the course of lives.

Position Summary:

The Manager, Enterprise Risk Management is responsible for overseeing and coordinating the organization's Enterprise Risk Management (ERM) framework, ensuring effective risk identification, assessment, and mitigation across the enterprise. This role will manage key risk governance processes, business continuity planning, and provide critical support for executive and board-level reporting.

General Responsibilities:

  • Risk Assessment Oversight:

    • Manage the implementation of ERM roadmap milestones to strengthen enterprise risk maturity.

    • Lead risk assessments and facilitate risk workshops with business units.

    • Analyze and consolidate risk data to identify trends and emerging risks.

    • Collaborate with business units to support the development of risk response plans

    • Serve as the system owner for AuditBoard Risk Oversight, ensuring accurate and timely updates of risk and control information.

    • Maintain system integrity and provide user support and training as needed.

  • Business Continuity Management:

    • Manage the business continuity program (BCP).

    • Design and lead regular BCP tests and tabletop exercises.

    • Collaborate with the business to evaluate test results, identify gaps, and implement corrective actions.

    • Ensure plans are practical, effective, and reflect current business operations.

    • Align continuity planning and identified risks with ERM efforts.

  • Crisis Management Support:

    • Partner with the Crisis Management Lead to ensure alignment between crisis response strategies and the BCP.

    • Provide operational support during crisis events and post-incident reviews.

  • Executive and Board Reporting:

  • Communicate risk insights and recommendations to senior stakeholders.

  • Support financial and regulatory reporting requirements related to ERM and business continuity.

  • Prepare ERM-related materials, dashboards, and presentations for the Executive Leadership Team (ELT) and Board of Directors.

Skills and Experience:

  • 5+ years of experience in enterprise risk management, audit, compliance, or related discipline.

  • Strong knowledge of risk frameworks (COSO, COBIT, ISO 31000) and business continuity planning.

  • Proficiency with AuditBoard or similar risk management platforms.

  • Experience preparing reports for executive leadership and boards.

  • Excellent communication and stakeholder management skills.

  • Ability to work independently and manage multiple priorities in a fast-paced environment

  • Strong analytical and problem-solving abilities.

Education:

  • Bachelor's degree in Risk Management, Business Administration, Finance, or related field.

  • Professional certifications (e.g., CRMP, CBCP, CISA) are a plus

Travel Requirements:

  • Occasional travel may be required.

Pay Transparency: A reasonable estimate of the annual base salary for this position is $110,000 - $150,000 + discretionary annual bonus. Pay ranges may vary by location.

Employee benefits include:

  • Health benefits - Medical, Dental, Vision

  • Personal and Vacation Time

  • Retirement & Savings Plan (401K)

  • Employee Stock Purchase Plan

  • Training & Education Assistance

  • Bonus Referral Program

  • Service Awards

  • Employee Recognition Program

  • Flexible Work Schedules

Welcome to impact. Welcome to innovation. Welcome to your new life.

Apply