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Product Manager Risk Jobs in Chicago, IL (NOW HIRING)

Google

Product Manager, gTech Risk Solutions

Chicago, IL · On-site

Our mission is upfront risk prevention through technical delivery excellence, shifting the paradigm from unsustainable "risk-chasing" to "prevention by design." As the Product Manager (Portfolio Lead ...

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RSM

Manager, Risk and Comliance

Chicago, IL · On-site

Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance support and helps address issues as they arise. The role focuses on producing high ...

RSM Global

Manager, Risk and Comliance

Chicago, IL · On-site

Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance support and helps address issues as they arise. The role focuses on producing high ...

PEAK6 Capital Management

Product Manager

Chicago, IL · Hybrid

$92K - $115K/yr

We thrive due to our firm's special blend of financial acumen, ability to manage risk, and cutting ... ABOUT THIS ROLE The Product Manager is strategic and tactical, shaping the tools, platforms, and ...

PEAK6 Capital Management

Product Manager

Chicago, IL · On-site

$92K - $115K/yr

We thrive due to our firm's special blend of financial acumen, ability to manage risk, and cutting ... ABOUT THIS ROLE The Product Manager is strategic and tactical, shaping the tools, platforms, and ...

NinjaHoldings

Sr. Product Manager - Credit Risk

Chicago, IL · On-site +1

$120K - $180K/yr

Job Summary The Senior Product Manager will report directly to the Chief Risk Officer (CRO) of NinjaHoldings. This person will be responsible for driving the initiatives that directly impact key ...

NinjaHoldings

Sr. Product Manager - Credit Risk

Chicago, IL · On-site +1

$120K - $180K/yr

Job Summary The Senior Product Manager will report directly to the Chief Risk Officer (CRO) of NinjaHoldings. This person will be responsible for driving the initiatives that directly impact key ...

PNC Bank

Product Manager Lead

Downers Grove, IL · On-site

$80K - $250K/yr

Supports risk management, compliance and audit needs as part of the first line of defense. * Drives business, financial and customer experience results of new and existing products and recommends ...

Adecco

Product Manager

Chicago, IL · On-site

$43.37/hr

If Product Manager sounds like something you would be interested in, and you meet the ... risk, and optimize platform performance. · Collaborate with the Graffiti Platform team to plan and ...

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All JobsProduct Risk JobsProduct Manager Risk JobsProduct Manager Risk Jobs in Chicago, IL

Product Manager Risk information

See Chicago, IL salary details

$53.1K

$164.2K

$202.9K

How much do product manager risk jobs pay per year?

As of Aug 31, 2026, the average yearly pay for product manager risk in Chicago, IL is $164,210.00, according to ZipRecruiter salary data. Most workers in this role earn between $145,200.00 and $202,900.00 per year, depending on experience, location, and employer.

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.

Are product managers risk in demand?

Product managers are in high demand across various industries due to their role in guiding product development and strategy. Strong skills in project management, market analysis, and familiarity with tools like Agile and Scrum increase employability, and demand is expected to grow as companies prioritize innovation and customer experience.

Is a product manager risk a high stress job?

Product Manager Risk roles often involve managing complex projects, deadlines, and stakeholder expectations, which can contribute to high stress levels. The job requires strong organizational skills, decision-making, and the ability to handle uncertainty, making it potentially demanding but also rewarding for those comfortable with pressure.

What are popular job titles related to Product Manager Risk jobs in Chicago, IL?

For Product Manager Risk jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Product Manager Risk jobs in Chicago, IL look for?

The top searched job categories for Product Manager Risk jobs in Chicago, IL are:

Product Manager Risk jobs near you
Infographic showing various Product Manager Risk job openings in Chicago, IL as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $164,210 per year, or $78.9 per hour.

Principal Product Manager - Risk & Decisioning

Coinflow

Chicago, IL • On-site

Full-time

Medical, Retirement

Posted 5 days ago

Job description

About Coinflow
Coinflow is the next-generation payment service provider revolutionizing global financial infrastructure with stablecoins, AI-driven fraud prevention, and instant settlement. Coinflow enables businesses to grow faster with instant settlement, fraud & chargeback indemnity, global pay-ins, multi-currency FX, and unified payouts. Founded in 2023, the company serves marketplaces, fintechs, remittance providers, gaming platforms, and ecommerce merchants worldwide.
Since our seed round in 2024, we've achieved 23x revenue growth and scaled to multi-billion-dollar annual transaction volume. In response to this growth, Coinflow announced a $25M Series A in October 2025-led by Pantera Capital, CMT Digital, Coinbase Ventures, Jump Crypto, and Reciprocal Ventures-accelerating our mission to power the world's fastest-moving businesses with innovative, reliable global payments.
Coinflow is proudly headquartered in Chicago, IL. Learn more at coinflow.cash.
Role Overview
We're hiring a Principal Product Manager to own risk and decisioning across the Coinflow platform - the systems that decide, in real time, which transactions we approve and on what terms.
This is a role where product decisions carry direct P&L consequences. We don't pass risk through to our merchants; approval-rate and loss-rate outcomes land on our own books. That changes the job. Every threshold, model, and policy you ship is a bet with a cost, and you'll own both sides of it.
The surface area spans:
  • Real-time decisioning - the models, rules, and signals that evaluate transactions across 170+ countries and a multi-billion-dollar volume run rate
  • Loss economics - understanding where losses come from, what they cost, and how pricing and policy should respond
  • Merchant-facing risk product - giving merchants visibility into decisions, and control where they should have it
  • Risk operations tooling - the internal surfaces where analysts, underwriters, and ops teams do their work

You'll work directly with engineering, data science, finance, compliance, and our commercial team. This is a high-ownership, high-ambiguity role: limited structure, problems you'll identify before they're handed to you, and execution you'll drive end to end.
What You'll Do
  • Own the approval-rate and loss-rate tradeoff - set the policy, defend the position, and be accountable for both numbers
  • Productize risk models - work with data science to turn models into decisioning products with clear thresholds, monitoring, and failure behavior
  • Build the loss economics view - partner with finance to understand exposure at the portfolio and merchant level, and translate that into pricing and policy recommendations
  • Ship merchant-facing risk product - decisioning transparency, controls, and reporting that reduce support load and increase trust
  • Evaluate and integrate risk infrastructure - assess signal providers, data sources, and decisioning vendors across coverage, accuracy, cost, and technical fit
  • Make calls with incomplete data - much of this space has thin baselines and long feedback loops; you'll need to decide anyway, and instrument so you learn fast

What You Need
  • 7+ years of product management experience, including ownership of a technically complex or regulated surface area
  • Experience with products where a wrong decision costs the company money - lending, BNPL, issuing, insurance, risk, or payments products where your employer carried the loss rather than passing it downstream
  • Fluency with loss economics - you can reason about expected loss, unit economics, and how a policy change moves both revenue and exposure
  • Experience productizing models - you've shipped against precision/recall tradeoffs and know what breaks when a model meets production traffic
  • Track record of shipping end-to-end, from ambiguous problem to production, without a roadmap handed to you
  • Strong communication across technical and non-technical stakeholders - you'll be explaining risk posture to engineers, finance, and merchants in the same week

About You
  • Comfortable owning expensive decisions - you'd rather hold the number than advise on it
  • Rigorous with data, decisive without it - you instrument everything and let results change your mind, but you don't stall waiting for certainty that isn't coming
  • Operationally deep - you learn a workflow well enough to see what the people doing it can't
  • Attentive to edge cases and failure modes - in this domain the tail is where the money is
  • Raises the operating bar - you find the process held together by one person's memory and turn it into something that scales
  • Drawn to hard problems - payments risk is high-stakes and unglamorous, and that's the appeal
  • Founder or early-employee instincts - you've built from zero, with no team and no one to escalate to

Nice to Have
  • Fraud, underwriting, or credit risk product experience - you've owned a loss number, not just observed one
  • Cross-border payments experience - you've worked risk across markets with different rails, regulators, and fraud patterns
  • Product work under heavy regulatory constraint - NACHA, MiCA, BSA/AML, PSD2, or equivalent, where the regulation shaped the design
  • Actuarial, quantitative finance, or data science background - formal or informal

The base salary range for this role is $175,000 - $225,000 USD. The actual base salary offered depends on a variety of factors, including but not limited to experience, education, skills, qualifications and business needs.
In addition, the employee who fills this role will be eligible for an equity grant, allowing you to share in the long-term success of the company. You will also have access to a wide array of benefits, including health and wellness benefits, 401(k) savings plan, and flexible time off.
Join the team rewriting how money moves worldwide-and become a driving force in the $194 trillion cross-border payments market.

Apply