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Product Manager Risk Jobs in Illinois (NOW HIRING)

They partner closely with Technology, Data, Risk, and Business teams to ensure AI capabilities create business value while meeting governance and operational requirements. As an AI Product Manager ...

Senior Product Manager

Chicago, IL

$130K - $172K/yr

Product Managers at U.S. Bank are customer obsessed in driving product visioning, planning, and ... This role partners closely with technology, experience design, risk, sales, and healthcare industry ...

Engages business units and enterprise management on resolving trade-offs of scope, priority, business and * technical risk, and business impact of dependencies among multiple products. * Embeds with ...

You will partner with other Product Management partners, Product Development, Technology, Operations, Servicing, Implementation, and Risk partners to inform the design and operating approach for ...

In this role, you will combine strategic leadership, product management, and risk oversight to drive innovation and ensure the continued growth and resilience of a critical payments product. Key ...

Principal Product Manager

Chicago, IL · On-site

$95K - $163K/yr

Seek out best practices, case studies, risk assessments, and new technologies/partners in the ... Minimum - 10 Years Product management, payments, marketing, banking, sales experience or related In ...

Principal Product Manager

Chicago, IL · Hybrid

$95K - $163K/yr

Seek out best practices, case studies, risk assessments, and new technologies/partners in the ... Minimum - 10 Years Product management, payments, marketing, banking, sales experience or related In ...

Product Manager Company Description Flender is a leading global supplier for mechanical drive ... Strong risk analysis and mitigation skills * Proven ability to make independent decisions and ...

Risk & Compliance Awareness - Knowledge of risk management processes and regulatory data requirements (e.g., Basel/RWA) relevant to banking. * Agile Delivery - Experience managing product backlogs ...

Product Manager Company Description Flender is a leading global supplier for mechanical drive ... Strong risk analysis and mitigation skills * Proven ability to make independent decisions ...

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Product Manager Risk information

Do Product Managers need an MBA?

Product Managers often do not require an MBA, but it can be beneficial for developing strategic, leadership, and business skills. Many successful PMs have backgrounds in engineering, design, or related fields, and prioritize experience, technical knowledge, and product management certifications over formal business degrees.

Are product managers highly paid?

Product managers typically earn competitive salaries that reflect their responsibilities in overseeing product development and strategy. Their compensation often includes base salary, bonuses, and stock options, especially in technology and large organizations. Salary levels can vary based on experience, industry, and location, but overall, product management is considered a well-paid profession.

What is the highest salary for a risk manager?

The highest salaries for risk managers can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CFA, and leadership roles in large organizations. Compensation varies based on industry, location, and company size, with senior risk managers and directors earning the top salaries.

What is the difference between Product Manager Risk vs Product Manager Compliance?

AspectProduct Manager RiskProduct Manager Compliance
Required CredentialsBachelor's in Business, Finance, or related field; certifications like PMI-RMP or FRMBachelor's in Law, Business, or related; certifications like CCEP or CCEP-I
Work EnvironmentCross-functional teams, risk assessment, strategic planningRegulatory environment, policy development, legal adherence
Employer & Industry UsageFinancial services, insurance, bankingFinancial institutions, healthcare, regulated industries
Search & Comparison IntentUnderstanding risk management roles within product teamsClarifying compliance responsibilities in product management

Product Manager Risk focuses on identifying and mitigating potential risks in product development, ensuring strategic risk management. Product Manager Compliance emphasizes adherence to legal and regulatory standards, ensuring products meet compliance requirements. Both roles require similar credentials and often work in regulated industries, but their core focus areas differ—risk versus compliance.

What is a product risk manager?

A product risk manager is responsible for identifying, assessing, and mitigating risks associated with a product throughout its lifecycle. They work closely with cross-functional teams to ensure product safety, compliance, and reliability, often using risk management tools and frameworks. Strong analytical skills and knowledge of industry standards are essential for this role.
What cities in Illinois are hiring for Product Manager Risk jobs? Cities in Illinois with the most Product Manager Risk job openings:
Technology Product Manager

Technology Product Manager

Three Point Solutions

Milan, IL

Contractor

Posted 19 days ago


Job description

Job Title: Technology Product Manager
Client: Heavy Machine Manufacturing Company
Location: Waterloo, IA 50613
Duration: 2 Years (Possible Extension)
Shift: 1st Shift (8:00 AM – 4:00 PM)

Key Responsibilities

• Manage and prioritize product backlogs for enterprise engineering and software applications
• Represent customer and business needs to product and engineering teams
• Define product requirements, acceptance criteria, and release plans
• Coordinate governance, compliance reviews, and risk assessments
• Manage software licensing, renewals, vendor relationships, and supplier engagements
• Oversee application operations, support, and service availability
• Lead budget planning, forecasting, cost controls, and financial monitoring
• Drive platform migrations, tool consolidations, cloud transitions, and modernization initiatives
• Partner with engineering, architecture, finance, procurement, legal, and leadership teams
• Support software asset management and enterprise tool lifecycle management
• Monitor product performance metrics and customer experience improvements
• Lead process improvement, automation, and operational efficiency initiatives
• Support change management, user adoption, and enterprise transformation projects

Required Skills

• Product Management or Technical Program Management experience
• Agile methodologies and Scrum experience
• Enterprise software and application management
• Software licensing and vendor management
• Budget management and financial planning
• Compliance, governance, and risk assessment experience
• Strong stakeholder management skills
• Business requirements analysis and translation into technical solutions
• Strong communication, negotiation, and problem-solving abilities
• Experience leading cross-functional projects and initiatives

Preferred Skills

• Azure and AWS cloud platform experience
• Software Asset Management (SAM) experience
• Engineering tools ecosystem knowledge
• Supplier risk management and contract negotiation experience
• Embedded software or controller technology exposure
• Process automation and workflow optimization experience
• Enterprise application lifecycle management experience
• Experience supporting large, matrixed organizations

Education & Experience

• Bachelor’s Degree preferred in Information Technology, Engineering, Computer Science, Business, or related field
• 5+ years of Product Management, Technical Program Management, IT Business Management, Software Asset Management, or related experience
• Experience managing enterprise software products and applications
• Experience with budgets, renewals, licensing, vendors, and compliance processes
• Proven success leading strategic technology and operational improvement initiatives

• Applicants must be U.S. Citizens or Green Card Holders. The company does not accept candidates requiring sponsorship now or future, including OPT, CPT, or H-1B visa holders.

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Company Description

As a leading contract, contract-to-hire and professional placement firm, Three Point Solution understands the importance of aligning our client with the right resource at the right time. We are committed to the highest caliber of service that will benefit our clients, candidates and employees. Unlike large, corporate style recruiting firms, we commit to individualized attention that uniquely positions us to bridge the communication gap between recruiter, employer and candidate. Our goal is to cultivate and maintain true partnerships with our clients and candidates.