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Remote Bank Risk Management Jobs in Romeoville, IL

Chubb

Vendor Risk Analyst

Chicago, IL · On-site +1

Maintain a vendor risk management framework, including policies, procedures, and tools to assess and monitor vendor risks. * Complete onsite or remote audits of vendors to ensure that controls work ...

Huntington

Portfolio/Risk Specialist

Chicago, IL · On-site +1

$101K/yr

Informs management of potential credit and/or economic portfolio risk and recommends strategies to ... Works with various bank personnel in developing strategies that support portfolio objectives.

Huntington

Private Bank Group Regional Manager

Chicago, IL · On-site +1

$170K/yr

... risk management standards. - Oversee talent development, succession planning, and performance ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

NinjaHoldings

Sr. Product Manager - Credit Risk

Chicago, IL · On-site +1

$130K - $172K/yr

... banking and lending products, providing incentives and rewards along the way as we guide them on a ... With offices in Chicago, Miami, and around the world through the power of remote work, we are a ...

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All JobsBank Risk Management JobsRemote Bank Risk Management JobsRemote Bank Risk Management Jobs in Romeoville, IL

Remote Bank Risk Management information

See Romeoville, IL salary details

$52.5K

$113.7K

$173.3K

How much do remote bank risk management jobs pay per year?

As of Jun 15, 2026, the average yearly pay for remote bank risk management in Romeoville, IL is $113,743.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,800.00 and $131,500.00 per year, depending on experience, location, and employer.

What is Remote Bank Risk Management?

Remote Bank Risk Management refers to the process of identifying, assessing, and mitigating financial and operational risks for banks while working remotely. Professionals in this field analyze potential risks such as credit, market, operational, and compliance risks using digital tools and online communication. They implement risk management strategies, monitor transactions, and ensure regulatory compliance without being physically present at the bank’s location. This role is increasingly important as banks adopt more flexible and remote work arrangements.

What is the difference between Remote Bank Risk Management vs Remote Credit Analyst?

AspectRemote Bank Risk ManagementRemote Credit Analyst
Required CredentialsBanking certifications, risk management degreesFinance, economics degrees, credit analysis certifications
Work EnvironmentBanking institutions, financial firmsFinancial services, lending companies
Employer & Industry UsageUsed in risk departments of banksUsed in lending and credit departments
Search & Comparison IntentUnderstanding risk roles in bankingAssessing credit risk and loan decisions

Remote Bank Risk Management focuses on identifying and mitigating risks within banking operations, requiring risk management expertise. Remote Credit Analysts evaluate creditworthiness of borrowers, focusing on loan approvals. While both roles involve financial analysis, Risk Management emphasizes risk mitigation strategies, whereas Credit Analysts concentrate on credit assessment. Both roles are essential in banking but serve different functions within the financial industry.

What are some common challenges faced by professionals in remote bank risk management, and how can they be addressed?

Professionals in remote bank risk management often encounter challenges such as limited direct access to internal teams, rapidly evolving regulatory requirements, and the need to stay updated on emerging financial risks. Effective communication through virtual collaboration tools, regular training on compliance updates, and leveraging advanced risk assessment software can help address these obstacles. Building strong relationships with cross-functional teams and maintaining clear documentation are also key to ensuring risk oversight remains robust, even in a remote setting.

What are the key skills and qualifications needed to thrive as a Remote Bank Risk Management professional, and why are they important?

To thrive in Remote Bank Risk Management, you need strong analytical skills, a background in finance or economics, and typically a relevant degree such as a bachelor's in finance, accounting, or risk management. Familiarity with risk assessment software, regulatory compliance systems, and certifications like FRM (Financial Risk Manager) or CFA are often required. Exceptional communication, critical thinking, and attention to detail are essential soft skills for identifying risks and collaborating with remote teams. These competencies ensure accurate risk evaluation and effective mitigation, which are crucial for maintaining financial stability and regulatory compliance in a remote setting.
What job categories do people searching Remote Bank Risk Management jobs in Romeoville, IL look for? The top searched job categories for Remote Bank Risk Management jobs in Romeoville, IL are:
What cities near Romeoville, IL are hiring for Remote Bank Risk Management jobs? Cities near Romeoville, IL with the most Remote Bank Risk Management job openings:
Remote Bank Risk Management jobs near you
Market Risk Analyst

Market Risk Analyst

Federal Home Loan Bank of Chicago

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 25 days ago

Job description

At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.

  • Collaborative, in-office operating model

  • Retirement program (401k and Pension)

  • Medical, dental and vision insurance

  • Lifestyle Spending Account

  • Competitive PTO plan

  • 11 paid holidays per year

      Who we are:

      Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.

      Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.

      What it's like to work here:

      At FHLBank Chicago, we bring people together. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us. Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success. To support balance and flexibility, employees are provided with an allocation of remote days to use as needed throughout the year.

      What you'll do:

      In this role, the Market Risk Analyst willbe responsible formodeling related to market risk, including but not limited to structured interest rate models, prepayment models, and fair value models for residential and commercial Mortgage-Backed Securities.You'll collaborate with cross-functional teams to perform model evaluation, version upgrade, and assess market risk related to Derivatives, Bonds, Mortgages and Investments following bank and regulatory model risk guidance. Youwillalsobe responsible forprovidingthe accurate& timelymeasurement, analysis, monitoring, and reporting of market risk for the Bank. The ideal candidate shoulddemonstratesuperior analytical thinking and problem-solving skills, along with a desire to learn and develop new concepts.

      How you'll make an impact:

      • Monitor Bank's risk exposures and support bank's asset liability management.

      • Develop hands-on experience with prepayment models and key modeling assumptions.

      • Gain exposure todifferent typesof financial securities and providefairvalue for the bank's balance sheet.

      • Work in a team-based environment and build strong, trustworthy partnerships with internal stakeholders.

      What you can expect:

      • Assistin modeling related to market risk including term structure interest rate models, prepayment models for residential and commercial Mortgage-Backed Securities, and fair value models.

      • Document, review, assess, and update model assumptions and valuation methodologies.

      • Review,maintainand upgrade the risk management systems and perform quantitative analysis to assess changes and enhancements to the pricing models within vendor applications.

      • Research new ways to automate/improve operation and reporting process.

      • Troubleshoot andtimelyresolve issuesimpactingregulatory reporting.

      • Collaborate with cross-functional teams to perform model evaluation, version upgrades, and assess market risk, following bank and regulatory model risk guidance.

      • Reportand provide in-depth analysis of therisk exposure and attribution analysis of Market Value of Equity change ofthebank's balance sheet.

      • Work with other departments across the bank to develop, test, and roll out new products.

      • Handle inquiries from external regulators and auditors.

      • Work on ad hoc projects supportingbank's strategicinitiatives.

      What you'll bring:

      • 0-3 years' work experience.

      • Graduate degree infinancial mathematics,financial engineering, mathematics, economics,or other quantitative or computing fields and/or equivalent work experience.

      • Basic understandinginfixed income securities or mortgage products (CFA/FRM certificationsa plus).

      • Proficient in MS Excel and Word.

      • SQL/AccessDatabase experience.

      • Solidunderstandinginfixed income, mortgages, mortgage-backedsecurities,derivatives, andoptionpricing models.

      • Basic understandinginterm structure models.

      • Familiar with at least one programming language,python, R,or VBA is preferred.

      • Exposure to vendor or in-house software used for security valuation and risk is preferred.

      • Mustquickly develop a comprehensive understanding of the bank's modeling tools used forvaluation andrisk measurement.

      • Passionateabout risk management andinterestedin market risk analysis.

      • Detail-oriented andpossessanalytical skills necessary to research, troubleshoot, prepare, and present a variety of reports and analyses in a fast-paced, continually evolving atmosphere.

      • Excellent verbal and written communication skills.

      • Able to work effectively under pressure, either independently or as a member of a team.

      • Must be willing to work with flexibility and dependability - work schedule may include shifts outside the normal business hours.

      The Perks:

      At FHLBank Chicago, we believe in rewarding our high performing workforce. We offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Our retirement program includes a 401(k) and pension plan. Our wellbeing program supports employees at work and in their personal lives: Our PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year; our Lifestyle Spending Account provides an annual stipend for employees to support wellbeing activities; and our central downtown location at the Old Post Office provides easy access to public transportation and breathtaking views from our award-winning rooftop. Step into a brighter future with us.

      Salary Range:

      $75,325.00 - $125,500.00

      The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc

      Apply