ZipRecruiter

Log In

1

Risk Manager Jobs in Springfield, IL (NOW HIRING)

LRS

IT Project Manager

Springfield, IL · On-site

$40 - $70/hr

Project management experience Risk Management as it relates to managing Maintenance, Support and Application Development projects/resources MS Project or other Project Management Tools Creating ...

Kedrion S.p.A.

Center Manager

Springfield, IL · On-site

Lead risk management activities, investigate incidents, and implement corrective actions as needed. * Conduct regular staff meetings to review operational updates, training needs, and process ...

Eaton Corporation

Plant Finance Manager

Lincoln, IL · On-site

$130K - $190K/yr

Risk Management: Identify financial risks within the operations and propose mitigation strategies. * Performance Tracking: Monitor key performance indicators (KPIs) and operational metrics to ...

Sysco

Environmental Health and Safety Leader

Lincoln, IL · On-site

$81K - $122K/yr

Bachelor's degree with major course work in EHS, risk management safety/industrial/quality/ environmental engineering or a closely related field is required . Education Preferred: * Master's Degree ...

previous page

Showing results 41-60

All JobsRisk JobsRisk Manager JobsRisk Manager Jobs in Springfield, IL

Risk Manager information

See Springfield, IL salary details

$51K

$110.6K

$168.5K

How much do risk manager jobs pay per year?

As of Sep 12, 2026, the average yearly pay for risk manager in Springfield, IL is $110,564.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,200.00 and $127,900.00 per year, depending on experience, location, and employer.

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 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.

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.

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.

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.

Is risk manager a hard job?

A risk manager's job involves identifying, analyzing, and mitigating potential risks to an organization, which can be challenging due to the need for strong analytical skills, attention to detail, and decision-making under pressure. The role often requires knowledge of industry regulations, risk assessment tools, and sometimes certifications like FRM or CRM, making it demanding but manageable with proper training and experience.
More about Risk Manager jobs

What job categories do people searching Risk Manager jobs in Springfield, IL look for?

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

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

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

Risk Manager jobs near you
Infographic showing various Risk Manager job openings in Springfield, IL as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $110,564 per year, or $53.2 per hour.

INVESTMENT OFFICER - Quantitative Analytics

Springfield, IL • On-site

State of Illinois
Public Administration • 11 - 50 employees
Learn more about State of Illinoisexternal

$145K - $227K/yr

Full-time, Part-time

Medical, Dental, Vision, Retirement

Re-posted 14 days ago

State Of Illinois rating

8.0

Company rating: 8.0 out of 10

Based on 75 frontline employees who took The Breakroom Quiz

Job description

Job Requisition ID: 57821
Opening Date: 07/29/2026
Closing Date: 10/09/2026
Agency:Teachers' Retirement System of the State of Illinois
Class Title: INVESTMENT OFFICER - 76826
Salary: $145,720-$227,323 - Chicago or $126,713-$197,672 - Springfield
Job Type: Salaried
Category: Full Time
County: Cook; Sangamon
Number of Vacancies: 1
Please follow the directions below when applying for this position.
**DO NOT CLICK THE APPLY BUTTON**
TO APPLY FOR THIS POSITION PLEASE VISIT THE TRS WEBSITE:
Careers | Teachers' Retirement System of the State of Illinois
The Teachers' Retirement System of the State of Illinois (TRS) is one of the largest public pension systems in the United States. We provide retirement, disability and survivor benefits to teachers, administrators and other public-school personnel employed outside the city of Chicago.
TRS serves over 456,000 members and manages a multi-billion-dollar investment portfolio for the exclusive benefit of the membership.
TRS is an agency of the State of Illinois governed by a Board of Trustees. Full-and part-time employees are eligible for the State of Illinois comprehensive benefits program which includes medical, dental and vision coverage. All employees hired after August 17, 2001 participate in the TRS retirement pension plan. Employees also have the option to contribute to additional State of Illinois deferred compensation plans. The TRS pension plan is a participating reciprocal system under the Illinois Pension Code Retirement Systems Reciprocal Act.
Learn more about careers at TRS: Careers | Teachers' Retirement System of the State of Illinois
Mission Statement
Delivering expert pension service to Illinois public educators, helping them achieve their promised retirement security.
The Investments Team
The Investments team at TRS plays a critical role in advancing the System's mission by managing and monitoring more than $86.4 billion in assets in a highly specialized, performance-driven environment.
Comprised of more than 30 investment professionals and continuing to grow, the team is responsible for evaluating and selecting external investment managers across the portfolio. Investments span a broad range of strategies, including public equities, fixed income, real assets, hedge funds, and private markets. The team's investment process is rigorous and highly analytical, grounded in deep qualitative and quantitative due diligence. Investment professionals engage directly with existing and prospective managers to assess performance, risk, and portfolio fit. The Investments team operates with high expectations for talent, accountability, and collaboration, where the strength of the team directly drives long-term outcomes for the System and its members.
Job Summary
The Investment Officer is a mid-senior level investment professional in the Investments Department. Under the direction of the Deputy CIO, the Quantitative Analytics Officer will collaborate with the investments team and play a pivotal role in implementing the quantitative investment analysis strategy for the ~$86 billion investment portfolio of the Teachers' Retirement System of the State of Illinois. This position is responsible for coding, developing, and implementing quantitative models seeking to optimize the System's risk-adjusted returns, and providing quantitative analysis that supports the strategic investment decisions across all asset classes.
The Officer will collaborate with internal and external stakeholders and contribute to the overall investment analysis strategy to ensure TRS' long-term financial sustainability and growth.
Essential Functions
  • Quantitative Analysis: Develop and implement quantitative models to analyze asset classes, optimize portfolio construction, and evaluate market opportunities and risks. Apply quantitative techniques to back-test investment ideas and provide ex-ante investment analysis to align portfolios with expected risk-return profiles.
  • Risk Management: Work with investment leadership and the Director of Risk to recommend and implement risk management controls and contribute to risk budgeting across portfolios, ensuring compliance with TRS' investment policies and procedures.
  • Data Analytics and Reporting: Deliver analytics to monitor System investment performance, identify trends, and inform investment decisions. Present quantitative findings and recommendations to the Chief Investment Officer, Deputy Chief Investment Officer, internal investment oversight committees, and the TRS Board of Trustees as needed.
  • Collaboration: Work closely with investment leadership, the Director of Risk, investment operations, internal investment teams, investment managers, consultants, and other stakeholders to gather data and insights needed for quantitative modeling and risk assessments.
  • Technology and Innovation: Identify, develop, and integrate new data sources, technologies, and methodologies to improve the accuracy and efficiency of TRS's quantitative models.
  • Communication: Effectively communicate complex quantitative concepts and model outputs to stakeholders, including investment staff, the TRS Board of Trustees and investment leadership, in clear and concise terms.

Minimum Requirements
Education
    • Bachelor's degree in computer science, mathematics, statistics, engineering, physics, or a related field is required.

Experience
    • Minimum 6 years' experience with quantitative modeling or quantitative investment portfolio management

Skills
  • Advanced proficiency in statistical modeling, data analysis, and programming (Python, R, MATLAB, SQL, etc.).
  • Experience with machine learning, multi-variate regression and similar data analysis techniques
  • Experience with reporting and data visualization tools such as Tableau or PowerBI
  • Ability to translate complex quantitative findings into practical investment solutions and strategies.
  • Excellent verbal and written communication skills and ability to work well both independently and within a team environment
  • Excellent organizational skills, strong analytical and problem-solving skills
  • Excellent project management skills and ability to build positive working relationships and collaborate in cross-functional teams
  • A curious mind, passion, and motivation to learn new skills, tools, and techniques necessary to tackle investment challenges

Work Hours: 8:30 am to 4:30 pm M-F
Headquarter Location: 2815 W. Washington St., Springfield, IL 62702-3397
Work County: Cook or Sangamon
Agency Contact: Christina Lonbom
Email: clonbom@trsil.org
Phone #: 217-814-2226
Posting Group: Fiscal, Finance & Procurement
TRS is a non-code state agency.
**APPLICATION INSTRUCTIONS**
Candidates must submit applications through the TRS Careers Website:
Careers | Teachers' Retirement System of the State of Illinois
Please follow all instructions and include all required documents. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document in lieu of a Resume or CV.
TRS is an Equal Opportunity Employer. If you require reasonable accommodation in completing this application, interviewing, or completing any pre-employment testing, please direct your inquiries to Human Resources at (217) 814-2111, or HRServices@trsil.org. Hiring decisions are not based on or affected by political factors, including political sponsorship, affiliation, or support.

What State Of Illinois employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

State of Illinois logo

About State of Illinois

Sourced by ZipRecruiter

The State of Illinois is not a traditional company, but rather a governmental entity encompassing diverse agencies and departments that serve the constituents of Illinois. Based in Illinois, United States, this governmental body communicates with its citizens through the official website illinois.gov. The website is a one-stop resource for Illinois residents to access information about the state's services, including education, healthcare, transportation, and public safety, among others.

Industry

Public administration

Company size

11 - 50 Employees

Headquarters location

Springfield, IL, US

Social media

FacebookTwitter

View All State of Illinois Jobs

Apply