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Project Risk Manager Jobs in Illinois (NOW HIRING)

Sloan Valve Company

Project Manager

Franklin Park, IL · On-site

Creates risk management plans to identify, analyze, monitor and respond to risks associated with the project to ensure ability to achieve expected outcomes on time and on budget. * Review the ...

ampliFI Loyalty Solutions

IT Project Manager

Naperville, IL · On-site

$98K - $116K/yr

Develop and manage detailed project plans, including timelines, resources, budgets, and risk assessments, with a focus on agile principles. * Manage multiple concurrent projects and priorities ...

Sonoma Consulting Inc.

Project Manager

Glenview, IL · On-site

Implement the approved actions and workarounds required to mitigate project risk events in order to ... Manage resource allocation proactively by ensuring that appropriate resources and tools are ...

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Project Risk Manager information

See Illinois salary details

$37.3K

$99.5K

$157K

How much do project risk manager jobs pay per year?

As of Jul 8, 2026, the average yearly pay for project risk manager in Illinois is $99,501.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,100.00 and $119,200.00 per year, depending on experience, location, and employer.

What is the difference between Project Risk Manager vs Project Coordinator?

AspectProject Risk ManagerProject Coordinator
Primary FocusIdentifying, assessing, and mitigating project risksSupporting project activities, scheduling, and communication
CertificationsRisk Management certifications (e.g., PMI-RMP), PMP often preferredProject management certifications (e.g., CAPM), PMP optional
Work EnvironmentRisk analysis teams, project management offices, industries with high riskProject teams, administrative settings, various industries
ResponsibilitiesRisk assessment, mitigation planning, monitoring risksTask coordination, documentation, stakeholder communication

The Project Risk Manager focuses on identifying and managing potential project risks to ensure successful delivery, while the Project Coordinator handles day-to-day project support and communication. Both roles are essential but differ in scope and specialization.

What does a Project Risk Manager do?

A Project Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact the success of a project. They work closely with project teams and stakeholders to develop risk management plans, monitor potential issues, and implement strategies to minimize negative impacts. Their goal is to ensure projects are delivered on time, within budget, and meet quality standards by proactively managing uncertainties.

What are the key skills and qualifications needed to thrive as a Project Risk Manager, and why are they important?

To thrive as a Project Risk Manager, you need expertise in risk identification, assessment, and mitigation strategies, often supported by a degree in business or engineering and risk management certifications such as PMI-RMP or IRM. Familiarity with risk management software, project management tools like MS Project, and frameworks such as ISO 31000 is typically required. Strong analytical thinking, communication, and stakeholder management skills set top performers apart in this role. These competencies ensure that potential project threats are proactively managed, enabling projects to meet their objectives within scope, time, and budget constraints.

How does a Project Risk Manager typically collaborate with project teams to identify and mitigate risks throughout a project's lifecycle?

A Project Risk Manager works closely with project teams by facilitating risk identification workshops, conducting regular risk assessments, and maintaining open communication channels with stakeholders. They often lead meetings to review potential risks, encourage team members to raise concerns early, and coordinate with subject matter experts to evaluate and prioritize risks. By embedding risk management practices into routine project activities, they help ensure risks are proactively addressed, enhancing overall project success and fostering a culture of risk awareness.
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