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Risk Manager Jobs in Normal, IL (NOW HIRING)

Eaton

Program Manager - Engineering

Lincoln, IL · On-site

$97K - $143K/yr

The Program Manager manages the project planning, execution, requirements changes, risk mitigation, and issue tracking. This will include the use of the PROLaunch process, Design and Process Failure ...

Corvel

Medical Case Manager II

Bloomington, IL · On-site

$66K - $101K/yr

CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for up to 1 year from date of posting, or until we have selected candidate(s) to fulfill the opening ...

Corvel

Medical Case Manager II

Bloomington, IL

$66K - $101K/yr

CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for up to 1 year from date of posting, or until we have selected candidate(s) to fulfill the opening ...

Busey

Treasury Management Executive

Bloomington, IL

$65K - $85K/yr

Manage and actively cross-sell into an existing portfolio of Treasury Management clients to drive ... reduce risk of fraud. * Assist internal Associates with negotiating contract terms with client.

Busey Bank

Treasury Management Executive

Bloomington, IL · On-site

$65K - $85K/yr

Manage and actively cross-sell into an existing portfolio of Treasury Management clients to drive ... reduce risk of fraud. * Assist internal Associates with negotiating contract terms with client.

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All JobsRisk Manager JobsRisk Manager Jobs in Normal, IL

Risk Manager information

See Normal, IL salary details

$50.4K

$109.1K

$166.2K

How much do risk manager jobs pay per year?

As of Jul 6, 2026, the average yearly pay for risk manager in Normal, IL is $109,064.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,000.00 and $126,100.00 per year, depending on experience, location, and employer.

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

To thrive as a Risk Manager, you need expertise in risk assessment, analytical thinking, and a relevant degree such as in finance, business, or risk management, often supported by certifications like CRM or FRM. Familiarity with risk management software, data analysis tools, and compliance systems is typically required. Strong communication, problem-solving skills, and attention to detail help Risk Managers effectively collaborate with stakeholders and navigate complex scenarios. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to safeguard assets and ensure regulatory compliance.

What Is a Risk Manager?

A risk manager is responsible for the strategic planning and financial forecasting for clients. They assess and identify risks that may detrimentally affect the safety, finances, or reputation of their employer. Risk managers monitor the market, research trends, and analyze statistics to create detailed recommendations on whether or not to move forward with an idea or product. Worldwide price changes and currency values also play a role in the risk manager’s evaluation.

What does a Risk Manager do?

A Risk Manager is responsible for identifying, assessing, and prioritizing risks that could impact an organization's financial performance, reputation, or operations. They develop strategies and policies to minimize potential losses and ensure compliance with relevant regulations. Risk Managers work across various departments to implement risk mitigation plans and regularly review their effectiveness. Their goal is to help the organization avoid or manage threats while maximizing opportunities.

What is the difference between Risk Manager vs Risk Analyst?

AspectRisk Manager

Required CredentialsTypically requires a bachelor’s degree in finance, business, or related field; certifications like CRM or FRM are common.
Work EnvironmentLeads risk assessment strategies, collaborates with senior management, and oversees risk mitigation efforts.
Employer & Industry UsageEmployed across finance, insurance, and corporate sectors to manage organizational risk.

Risk Managers focus on developing and implementing risk management strategies, overseeing risk policies, and making high-level decisions. In contrast, Risk Analysts primarily analyze data to identify potential risks and support Risk Managers in decision-making. Both roles require similar credentials but differ in scope and responsibility within organizations.

How much does a risk manager get paid?

The average salary for a risk manager in the United States is around $100,000 to $130,000 per year, depending on experience, industry, and location. Risk managers with certifications like FRM or CRM and strong analytical skills tend to earn higher salaries, especially in finance, insurance, and corporate sectors.

How does a Risk Manager typically collaborate with other departments to identify and mitigate risks?

Risk Managers frequently work cross-functionally with departments such as finance, operations, legal, and IT to identify potential risks and develop mitigation strategies. Regular meetings, risk assessment workshops, and communication channels are established to ensure that all relevant parties are aware of emerging risks and compliance requirements. This collaborative approach helps foster a risk-aware culture across the organization and ensures that risk mitigation plans are practical and aligned with business objectives.

Do risk managers make good money?

Risk managers typically earn competitive salaries that vary based on experience, industry, and location. According to industry data, median annual pay ranges from $70,000 to over $120,000, with higher earnings possible for those with certifications like FRM or CRM and advanced skills in data analysis and risk assessment.

What do you do as a risk manager?

A risk manager identifies, assesses, and prioritizes potential risks that could affect an organization’s operations, finances, or reputation. They develop strategies to mitigate or manage these risks, often using tools like risk assessments and data analysis, and may hold certifications such as CRM or FRM. Their work involves continuous monitoring and communication with stakeholders to ensure risk controls are effective.

What are the duties of a risk manager?

A risk manager is responsible for identifying, assessing, and mitigating potential risks that could affect an organization’s operations, finances, or reputation. They develop risk management strategies, implement policies, and monitor risk exposure using tools like risk assessment software. Strong analytical skills and relevant certifications, such as the Certified Risk Manager (CRM), are often required.
More about Risk Manager jobs
What job categories do people searching Risk Manager jobs in Normal, IL look for? The top searched job categories for Risk Manager jobs in Normal, IL are:
What cities near Normal, IL are hiring for Risk Manager jobs? Cities near Normal, IL with the most Risk Manager job openings:
Risk Manager jobs near you
Infographic showing various Risk Manager job openings in Normal, IL as of June 2026, with employment types broken down into 76% Full Time, 8% Part Time, 8% Temporary, and 8% Contract. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $109,064 per year, or $52.4 per hour.
Supervisory Management and Program Analyst (Director, Enterprise Risk Management and Oversight)

Supervisory Management and Program Analyst (Director, Enterprise Risk Management and Oversight)

US Department of the Treasury

Bloomington, IL • On-site

$125K/yr

Other

Posted 18 days ago

U.S. Department Of The Treasury rating

8.2

Company rating: 8.2 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

223rd of 668 rated public administrative organizations

Job description

WHAT IS CHIEF RISK AND CONTROL OFFICER?
A description of the business units can be found at: https://www.jobs.irs.gov/about/who/business-divisions
  • Position(s) are to be filled in following area(s):
    • CRCO - Enterprise Risk Management and Oversight

REVIEW THE ADDITIONAL INFORMATION BELOW FOR FURTHER DETAILSQualifications:

Federal experience is not required. Experience may have been gained in the public sector, private sector or through Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week, on your resume.
You must meet the following requirements by the closing date of this announcement.
Specialized Experience: To be minimally qualified for this position you must have at least one (1) year of specialized experience equivalent to the next lower level payband or GS grade in the normal line of progression. Specialized experience would include one year of substantive supervisory or program management experience at the GS-13 or GS-14 level or equivalent level manager or comparable management or leadership experiences outside of Federal service. To be qualifying for this position your experience should be sufficient to demonstrate:

  • Experience applying management techniques, methods, theories, principles, and labor relations concepts, sufficient to assure optimum utilization of personnel, equipment, and space, and to accomplish program objectives through combined technical and administrative oversight.
  • Experience planning, directing, and evaluating work of subordinate managers, employees, and/or others.
  • Experience applying appropriate operations, policies, applicable laws, regulations, rules, practices, procedures, and techniques sufficient to provide oversight and direction in the planning, development, and implementation of the technical aspects of programs directly related and/or specific to the position being filled.
  • Experience applying budget and fiscal methods used in establishing and maintaining an organization.
  • Experience working on major programs segments, organizational structures and/or functional responsibilities specific to the position being filled.
  • Leading or overseeing studies, projects, and initiatives of broad organizational scope through the application of qualitative and quantitative analytical and evaluative methods and techniques to address strategic issues, evaluate organizational effectiveness, and support executive decision-making.
  • Analyzing and reporting enterprise risks using established risk management principles, tools, practices, and frameworks to manage risks.
  • Evaluating risk trends and emerging issues.
  • Providing strategic recommendations to executive leadership to strengthen governance, support mission objectives, and enhance organizational performance.
  • Communicating technical, and sensitive information through written reports, executive briefings, presentations, and consultations with senior executives, managers, employees, and external stakeholders to build consensus, influence outcomes, and support strategic initiatives.


AND
You must also meet the following requirement(s):

  • TIME AFTER COMPETITIVE APPOINTMENT (TACA): By the closing date (or if this is an open continuous announcement, by the cut-off date) specified in this job announcement, current civilian employees must have completed at least 90 days of federal civilian service since their latest non-temporary appointment from a competitive referral certificate, known as time after competitive appointment. For this requirement, a competitive appointment is one where you applied to and were appointed from an announcement open to "All US Citizens".


For more information on qualifications please refer to OPM's Qualifications Standards.
Go to Understanding the IRS Paybands for GS/IR conversion.

Education:A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to Department of Education Accreditation page.
FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying. Click here (Section 3, Explanation of Terms) or here for Foreign Education Credentialing instructions.
We recommend choosing an evaluator from a member organization of one of the following national associations of credential evaluation services: National Association of Credential Evaluation Services (NACES) or Association of International Credentials Evaluators (AICE).Employment Type: OTHER

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