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Project Risk Manager Jobs in Northbrook, IL (NOW HIRING)

Handle multiple client projects while contributing to internal initiatives (talent, practice, business development) * Stay informed on industry trends and communicate leading risk management ...

Risk & Change Management * Facilitate project risk identification, assessment, mitigation planning, and monitoring activities. * Maintain risk registers and support quantitative and qualitative risk ...

Cyber Insider Risk Manager

Chicago, IL ยท On-site

$114K - $154K/yr

Work you'll do As an Insider Risk Senior Consultant on the Cyber team, you will be responsible for ... lead projects or workstreams Ability to manage and prioritize multiple tasks in a fast-paced and ...

Project Executive

Westmont, IL ยท On-site

$150 - $200/hr

Champion project safety and risk management * Mentor and train Project Managers and Superintendents * Manage project financials and communicate them to leadership * Inform the Vice President about ...

New

Manager, Governance Risk Reporting

Chicago, IL ยท On-site

$110K - $138K/yr

As Manager, Governance, Risk & Reporting within Managed Services, you will be the organizational ... PMP, PgMP, or equivalent program/project management certification required. * Membership in the ...

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 ...

Showing results 41-60

Project Risk Manager information

See Northbrook, IL salary details

$39.1K

$104.2K

$164.4K

How much do project risk manager jobs pay per year?

As of Sep 7, 2026, the average yearly pay for project risk manager in Northbrook, IL is $104,221.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,700.00 and $124,800.00 per year, depending on experience, location, and employer.

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.

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.

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.

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 job categories do people searching Project Risk Manager jobs in Northbrook, IL look for?

The top searched job categories for Project Risk Manager jobs in Northbrook, IL are:

What cities near Northbrook, IL are hiring for Project Risk Manager jobs?

Cities near Northbrook, IL with the most Project Risk Manager job openings:

Infographic showing various Project Risk Manager job openings in Northbrook, IL as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $104,221 per year, or $50.1 per hour.

Risk Officer - Enterprise Risk Management & Investment Risk

Mesirow Financial

Chicago, IL โ€ข On-site

$125K - $175K/yr

Full-time

Posted 27 days ago


Job description

The Opportunity:

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Private Capital & Currency, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. We are proud of our employee-owned culture, built on collaboration and shared success, empowering our professionals to develop meaningful relationships, pursue growth opportunities and make a lasting impact for our clients and communities. Mesirow has been named one of the Best Places to Work in Chicago by Crainโ€™s Chicago Businessย multiple times and is one ofย Barronโ€™sย Top 100 RIA firms.

Mesirow is seeking an experienced and highly motivated Risk Officer to lead and enhance our firm's Enterprise Risk Management (ERM) framework while providing independent oversight of investment and portfolio risks across our institutional asset management and capital markets businesses.

This role will be responsible for identifying, assessing, monitoring, and reporting risks across the organization, including strategic, operational, regulatory, technology, cybersecurity, business continuity, and investment risks. The successful candidate will work closely with senior leadership, compliance, operations, technology, legal, and internal committees to strengthen the firm's overall risk culture and governance.

This position offers an opportunity to build upon an established risk framework while helping shape the firm's long-term risk strategy.

Key Responsibilities:ย 

Enterprise Risk Management

  • Maintain and continuously improve the firm's Enterprise Risk Management (ERM) framework.
  • Facilitate firm-wide risk assessments and maintain the enterprise risk register.
  • Identify, evaluate, and monitor strategic, operational, financial, regulatory, technology, vendor, and reputational risks.
  • Develop and monitor Key Risk Indicators (KRIs) and risk appetite metrics.
  • Prepare quarterly risk reports for executive management and the Board.
  • Coordinate periodic risk assessments with business units across the firm.
  • Monitor emerging risks and industry developments affecting the firm.
  • Oversee the firm's incident management and risk event reporting process.
  • Assist with regulatory examinations and due diligence requests relating to risk management.

Investment Risk Oversightย 

  • Provide independent oversight of investment risks across investment strategies.
  • Monitor portfolio exposures, leverage, liquidity, counterparty, concentration, market, and currency risks.
  • Develop and maintain investment risk reporting and dashboards.
  • Review portfolio risk relative to client guidelines and investment mandates.
  • Partner with portfolio managers to understand evolving investment risks while maintaining independent oversight.
  • Perform stress testing and scenario analysis across investment portfolios.
  • Evaluate new investment products, strategies, and trading activities from a risk perspective.ย 

Qualifications:ย 

Requiredย 

  • Bachelor's degree in Finance, Economics, Accounting, Risk Management, Business, Mathematics, or a related field.
  • 5-10 years of experience in enterprise risk management, investment risk, operational risk, or a related field within asset management, banking, insurance, or financial services.
  • Strong understanding of institutional asset management and investment products.
  • Experience with Enterprise Risk Management frameworks.
  • Knowledge of portfolio risk measurement techniques.
  • Excellent analytical, communication, and presentation skills.
  • Strong project management and organizational abilities.
  • Ability to influence stakeholders across multiple business functions.

Preferredย 

  • Master's degree (MBA, MS Finance, or related field).
  • Professional certifications such as:
    • FRM (Financial Risk Manager)
    • CFA (Chartered Financial Analyst)
    • PRM (Professional Risk Manager)
    • CRM or equivalent risk management certification
  • Experience with foreign exchange, derivatives, overlay strategies, or multi-asset portfolios.
  • Experience implementing or administering Governance, Risk & Compliance (GRC) platforms

In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $125,000 and $175,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a bonus and the Mesirow benefit program.

EOE