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Risk Management Director Jobs in Park Ridge, IL (NOW HIRING)

Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management policies related to current and evolving regulatory obligations, with specific focus on CFTC ...

Program Management Director

Chicago, IL · On-site

$231K - $330K/yr

The Program Management Director will be the operational backbone of Sidley's Data & AI organization ... operational risk. * Drive adoption and optimization of Jira, Aha!, Confluence, and related ...

... management oversight, and risk mitigation initiatives within a multi-state HVAC and MEP service and construction environment. Reporting jointly to the Controller and Director of Safety, this role ...

Showing results 41-60

Risk Management Director information

See Park Ridge, IL salary details

$53.1K

$140.9K

$255.8K

How much do risk management director jobs pay per year?

As of Sep 1, 2026, the average yearly pay for risk management director in Park Ridge, IL is $140,894.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,800.00 and $164,800.00 per year, depending on experience, location, and employer.

What is a risk management director?

A risk management director looks at all potential risks of a project or program with the goal of minimizing asset loss for the company. As a risk management director, you need to look at all potential legal issues as well as any potential insurance claims. Your duties involve vetting potential policies or clients to ensure they won’t pose a risk, guiding the company in the right direction for growth, and helping avoid potential pitfalls. Most risk management directors have worked in risk management for a few years before working their way up to this role.

What does a risk management director do?

A Risk Management Director is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations, assets, or reputation. They develop strategies and policies to minimize potential losses and ensure compliance with regulations. Their role often involves overseeing risk assessments, implementing risk controls, and reporting to senior management about emerging risks and mitigation measures. Additionally, they may lead teams, coordinate with other departments, and provide training on risk management practices.

What are the key skills and qualifications needed to thrive as a risk management director, and why are they important?

To thrive as a Risk Management Director, you need deep expertise in risk assessment, regulatory compliance, and enterprise risk frameworks, often supported by a bachelor's or master's degree in finance, business, or a related field. Familiarity with risk management software (such as MetricStream or RSA Archer) and certifications like CRM or FRM are typically required. Strong leadership, analytical thinking, and effective communication help build consensus and drive risk mitigation strategies across the organization. These skills and qualities are crucial for proactively identifying threats, ensuring regulatory compliance, and protecting the organization's assets and reputation.

What are some typical challenges faced by a risk management director when implementing new risk mitigation strategies across an organization?

A Risk Management Director often encounters challenges such as gaining buy-in from various departments, aligning risk strategies with business objectives, and adapting to rapidly changing regulatory requirements. Coordinating across teams can require strong communication and negotiation skills, as each department may have different risk tolerances and operational priorities. Additionally, balancing the need for thorough risk controls with maintaining efficient business processes is a common challenge, requiring both technical expertise and strategic vision.

What job categories do people searching Risk Management Director jobs in Park Ridge, IL look for?

The top searched job categories for Risk Management Director jobs in Park Ridge, IL are:

What cities near Park Ridge, IL are hiring for Risk Management Director jobs?

Cities near Park Ridge, IL with the most Risk Management Director job openings:

Risk Mgmt Policy Analyst

CME Group

Chicago, IL

$81K - $135K/yr

Full-time

Medical, Retirement, PTO

Re-posted 9 days ago


Job description

The Risk Management Policy Analyst will be responsible for leading efforts to shape risk management policy, leveraging industry knowledge and experience. Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management policies related to current and evolving regulatory obligations, with specific focus on CFTC regulations. The Risk Management Policy Associate must have strong knowledge of U.S. regulatory requirements for clearing houses and be able to apply that knowledge to Clearing House rules and services.

The Risk Management Policy Analyst will be responsible for establishing and maintaining risk management policies consistent with relevant regulations, including relating to the recovery and wind-down plans for CME Group's clearing services.Additionally, to address evolving regulatory frameworks, the Risk Management Policy Associate will:

  • Develop and execute strategic policy positions (e.g., comment letters and talking points) in coordination with other key internal stakeholders. Ensure effective communication and presentation of initiatives to internal and external stakeholders (e.g., clients and regulatory bodies).

  • Support development for major project initiatives within the Clearing House from a policy perspective, including in response to regulatory changes and new business plans.

  • Lead the effort to keep CME Clearing's senior management appraised of various regulatory developments affecting the Clearing House. Work closely with others within and outside of the Clearing House, including Legal.

  • Liaise and build relationships with with trade associations as they develop their policy positions, including in response to recent policy proposals.

The Risk Management Policy Analyst will work across groups to evaluate requirements and assess the impact to CME Group and our clients.

Education & Experience

  • Bachelor's degree in economics, finance, political science, or related field.

  • Possess strong written communication skills and analytical and problem-solving skills, along with being highly detail oriented with respect to drafting policies and analyzing complex regulatory requirements relative to CME Group's rules.

  • Knowledge of CFTC regulatory requirements and more broadly, knowledge of financial markets and derivatives products.

  • Ability to work in a highly collaborative team environment.

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $81,100-$135,100. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group: Where Futures are Made

CME Group is the world's leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it - all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we're looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone's perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.


CME Group logo

About CME Group

Sourced by ZipRecruiter

As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world.

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Chicago, IL, US

Year founded

2007

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