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Operational Risk Salary Jobs in Illinois (NOW HIRING)

Experienced Risk Manager

Chicago, IL · On-site

$150K - $210K/yr

  • PTO

Our team has a broad mandate across market, credit, capital, and operational risk. Rather than ... Base salary is only one component of total compensation; all full-time, permanent positions are ...

Experienced Risk Manager

Chicago, IL · On-site

$150 - $210/hr

  • PTO

Our team has a broad mandate across market, credit, capital, and operational risk. Rather than ... Base salary is only one component of total compensation; all full-time, permanent positions are ...

New

Lead Risk Specialist

Riverwoods, IL · On-site

$102K/yr

Audit-Ready Operations: Foster a culture of proactive risk awareness, helping manage horizontal ... Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be ...

Lead Risk Specialist

Chicago, IL · On-site

$101K/yr

Audit-Ready Operations: Foster a culture of proactive risk awareness, helping manage horizontal ... Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be ...

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Operational Risk Salary information

Is operational risk management a good career?

Operational risk management is a valuable career that involves identifying, assessing, and mitigating risks within an organization to ensure stability and compliance. It often requires strong analytical skills, knowledge of industry regulations, and certifications such as ORM or FRM. The field offers opportunities for advancement and is essential in sectors like finance, healthcare, and manufacturing.

What are popular job titles related to Operational Risk Salary jobs in Illinois?

For Operational Risk Salary jobs in Illinois, the most frequently searched job titles are:

What cities in Illinois are hiring for Operational Risk Salary jobs?

Cities in Illinois with the most Operational Risk Salary job openings:

Operational Risk Management Analyst

Swoon Technology Resources LLC

Chicago, IL • On-site

$80K/yr

Full-time

Posted yesterday

New


Job description

Location: chicago,Illinois
Expected Start Date: Jul 22, 2026
US Operational Risk Management Analyst
Location: Chicago, IL (Hybrid - 3 days onsite)
Employment Type: Direct Hire
Salary: $80,000
Must Have
  • Bachelor's Degree
  • 2-4 years of professional experience
  • Experience within Financial Services
  • Exposure to Operational Risk, Risk Management, Governance, Compliance, Internal Audit, or related functions
  • Strong analytical skills

Nice to Have
  • Banking experience
  • Consulting background (Big Four or Risk Advisory)
  • Power BI
  • MetricStream
  • Governance reporting experience
  • Change Management exposure
  • Enterprise Risk programs
  • Risk & Control Self Assessment (RCSA)

About the Opportunity
Our client is looking for an Analyst, US Operational Risk Management to join their growing US Risk organization. This role is ideal for an early-career risk professional looking to build broad exposure across enterprise operational risk while working alongside senior leaders responsible for governance, operational resilience, regulatory programs, and risk transformation.
Unlike traditional operational risk roles focused on a single function, this position is designed as a rotational development opportunity, allowing the analyst to gain experience across multiple operational risk disciplines while supporting enterprise-wide initiatives that impact the entire US organization.
This individual will work closely with leadership across Risk Management, Internal Audit, Compliance, Technology, Data & AI, and business stakeholders to help strengthen CIBC's Operational Risk framework.
What You'll Be Doing
Operational Risk Program Support
  • Support execution of the US Operational Risk Management (ORM) program
  • Prepare recurring operational risk reporting and executive-level management materials
  • Assist with Risk & Control Self Assessments (RCSA)
  • Support operational loss reporting and metrics
  • Track remediation activities and follow-up actions
  • Coordinate governance meetings and committee materials
Risk Assessments
  • Participate in operational risk assessments
  • Gather and analyze risk data
  • Document risks, controls, issues, and action items
  • Support Change Initiative Risk Assessments
  • Assist with governance documentation and reporting
Analytics & Reporting
  • Analyze operational risk trends
  • Build executive reporting packages
  • Maintain dashboards and reporting trackers
  • Identify process improvements through data analysis
  • Support reporting accuracy and quality control
Cross-Functional Projects
This role will rotate across multiple Operational Risk disciplines, including:
  • Operational Risk Governance
  • Third-Party Risk
  • Operational Resilience
  • Business Continuity
  • Cyber Risk
  • Data Risk
  • Fraud Risk
  • Physical Security Risk
  • Change Management
  • Portfolio Management
  • Control Testing

You'll gain exposure to multiple enterprise risk functions while supporting strategic initiatives across the US organization.