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Operational Risk Salary Jobs in Illinois (NOW HIRING)

Capital One

Manager, Risk Manager

Riverwoods, IL · On-site

Partner effectively with specialized teams across the enterprise-including Operational Risk ... Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be ...

Capital One

Manager, Risk Manager

Riverwoods, IL · On-site

Partner effectively with specialized teams across the enterprise-including Operational Risk ... Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be ...

Pepper Construction Group

Director, Risk Management

Barrington, IL · On-site

$170 - $210/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Works closely with Operations, Safety, Fleet Management, Human Resources, Facilities Management ... We consider many factors when determining the actual hiring salary. These factors may include ...

Clear Street

Associate Director, Risk & Margin

Chicago, IL · On-site

$125K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Partner with Technology, Operations, Legal, and Front Office teams to execute new product launches ... The Base Salary Range for this role is $125,000-170,000. This range is representative of the ...

Royal Bank of Canada

Senior Manager, Risk Advice

Chicago, IL · On-site

$99K - $176K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... operational and other risk considerations to find strategic solutions that enable the business ... The expected salary range for this particular position is $99,000-$176,000, (Chicago), $90,000-$160 ...

Northern Trust

Business Operational Resilience

Chicago, IL · On-site

$83K - $141K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Build trusted partnerships across Business, Technology, Operations, Risk, Compliance, Internal ... 141,300 USD Salary range is a good faith estimate of base pay. Northern Trust provides a ...

Northern Trust

Business Operational Resilience

Chicago, IL · On-site

$83K - $141K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Build trusted partnerships across Business, Technology, Operations, Risk, Compliance, Internal ... 141,300 USD Salary range is a good faith estimate of base pay. Northern Trust provides a ...

Northern Trust

Business Operational Resilience

Chicago, IL · Hybrid

$83K - $141K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Build trusted partnerships across Business, Technology, Operations, Risk, Compliance, Internal ... 141,300 USD Salary range is a good faith estimate of base pay. Northern Trust provides a ...

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Operational Risk Salary information

What is an operational risk job?

An operational risk job involves identifying, assessing, and managing risks that arise from internal processes, people, systems, or external events within an organization. Professionals in this field analyze data, develop risk mitigation strategies, and often use tools like risk management software to ensure business continuity and compliance.

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

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The top searched job categories for Operational Risk Salary jobs in Illinois are:

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Operational Risk Salary jobs near you

Audit Specialist - Risk and Control Enhancement

Northern Trust

Chicago, IL • On-site

$114K - $194K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago

Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Audit Services provides independent assurance over how Northern Trust manages risk, strengthens controls, and supports responsible growth. This role will bring deep operational risk and audit expertise to help shape audit validation work connected to Northern Trust's Risk and Control Enhancement transformation program. The successful candidate will work with audit teams, business leaders, and senior stakeholders to interpret risk themes, challenge control design and effectiveness, and translate complex operational risk topics into practical audit insights.
The key responsibilities of the role include:
  • Lead audit validation work focused on operational risk and control transformation.
  • Partner with audit teams to plan, challenge, and deliver high-quality audit coverage.
  • Interpret regulatory expectations, risk themes, and industry practices to guide control assessment.
  • Analyze risk and control information to identify issues, insights, and practical improvements.
  • Prepare clear reporting for senior leaders on audit observations and control effectiveness.
  • Advise on testing approaches, issue development, and audit reporting quality.
  • Coordinate with business and risk stakeholders to understand change activity and emerging risks.
  • Support team capability through knowledge sharing, coaching, and participation in relevant forums.
Skills / Qualifications:
The successful candidate will benefit from having:
  • 10+ years of extensive operational risk management experience, including knowledge of risk and control self-assessment and third-party risk practices.
  • Proven experience applying audit, risk, or control principles within financial services or a similarly regulated environment.
  • In-depth understanding of relevant regulatory expectations and how they inform audit coverage and control evaluation.
  • Strong analytical, organizational, and problem-solving skills, with the ability to interpret complex information and develop practical recommendations.
  • Excellent written and verbal communication skills, including the ability to present risk and control insights clearly to senior stakeholders.
  • Relevant professional certification or advanced qualification, such as accounting, audit, information systems, risk, or business administration credentials.
Salary Range:
$114,700 - 194,900 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.

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