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Security Risk Management Jobs in Chicago, IL (NOW HIRING)

West Monroe

Compliance Manager

Chicago, IL · On-site

Third-Party Risk Management and Vendor Security Assessments * Client Security Questionnaires and Assurance Programs * Security Policy Development and Governance Programs * Audit Coordination and ...

CIBC

Network Security Consultant

Chicago, IL · Hybrid

$130K - $155K/yr

Risk Management: Conduct risk-based assessments for new and existing cloud and network solutions, identify vulnerabilities, and recommend mitigation strategies. * Security Service Management: Build ...

CIBC US

Network Security Consultant

Chicago, IL · Hybrid

$130K - $155K/yr

Risk Management: Conduct risk-based assessments for new and existing cloud and network solutions, identify vulnerabilities, and recommend mitigation strategies. * Security Service Management: Build ...

CIBC

Network Security Consultant

Chicago, IL · On-site

$130K - $155K/yr

Risk Management: Conduct risk-based assessments for new and existing cloud and network solutions, identify vulnerabilities, and recommend mitigation strategies. * Security Service Management: Build ...

Thinkbrg

IT Risk and Compliance Analyst

Chicago, IL

$90K - $115K/yr

The IT Risk and Compliance Analyst position is a highly visible, client facing role which works ... This role will also help coordinate and maintain the firm's Information Security Management Program ...

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Security Risk Management information

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$10

$51

$72

How much do security risk management jobs pay per hour?

As of Jun 19, 2026, the average hourly pay for security risk management in Chicago, IL is $51.93, according to ZipRecruiter salary data. Most workers in this role earn between $42.12 and $61.92 per hour, depending on experience, location, and employer.

What are the typical challenges faced by professionals in Security Risk Management, and how can they be addressed?

Professionals in Security Risk Management often encounter challenges such as rapidly evolving threats, balancing security with business operations, and ensuring organization-wide compliance with regulations. Staying current with the latest risk trends and fostering cross-department collaboration are key strategies for overcoming these obstacles. Additionally, clear communication of risks to non-technical stakeholders and ongoing training are essential for building a proactive security culture and effective risk mitigation.

Can I make $200,000 a year in cyber security?

Security Risk Management professionals can potentially earn $200,000 or more annually, especially with extensive experience, advanced certifications like CISSP or CISM, and roles in high-demand industries or senior leadership positions. Salary levels vary based on location, company size, and individual expertise, but high-level cybersecurity roles often offer compensation in this range.

Can you make $500,000 a year in cyber security?

Security Risk Management professionals can potentially earn $500,000 or more annually, especially at senior levels, in leadership roles, or within large organizations. Achieving this income typically requires extensive experience, advanced certifications like CISSP or CISM, and expertise in high-demand areas such as threat intelligence or security architecture.

Is security risk management a good career?

Security risk management is a viable career that involves identifying, assessing, and mitigating security threats to organizations. It often requires certifications such as CISSP or CISM and skills in risk analysis, security policies, and incident response. The field offers opportunities across various industries with increasing demand for cybersecurity expertise.

What is Security Risk Management?

Security Risk Management is the process of identifying, assessing, and mitigating risks to an organization's information, assets, and operations. It involves evaluating potential threats and vulnerabilities, determining their potential impact, and implementing strategies to minimize or control these risks. The goal is to protect the organization from security breaches, data loss, and other threats while ensuring compliance with legal and regulatory requirements. Security Risk Management is essential for maintaining business continuity and safeguarding reputation.

What are the key skills and qualifications needed to thrive in Security Risk Management, and why are they important?

To excel in Security Risk Management, you need a solid understanding of risk assessment frameworks, cybersecurity principles, and compliance standards, often supported by a degree in information security or related fields. Familiarity with risk management tools, security incident response systems, and certifications such as CISSP or CISM is typically required. Strong analytical thinking, communication, and decision-making skills help professionals navigate complex threats and collaborate across departments. These competencies are crucial for effectively identifying, mitigating, and communicating risks to protect organizational assets and ensure regulatory compliance.

What is the difference between Security Risk Management vs Security Analyst?

AspectSecurity Risk ManagementSecurity Analyst
CertificationsCRISC, CISSP, CISMCompTIA Security+, CISSP, CEH
Work EnvironmentStrategic, policy-focused, risk assessmentOperational, monitoring, incident response
Employer & Industry UsageOrganizations managing enterprise security risksSecurity teams, cybersecurity firms, IT departments

Security Risk Management focuses on identifying, assessing, and mitigating security risks at an organizational level, often involving policy development and strategic planning. In contrast, Security Analysts primarily monitor security systems, analyze threats, and respond to incidents. Both roles are essential but differ in scope and responsibilities within the cybersecurity field.

Is SOC 1 entry level?

SOC 1 (Service Organization Control 1) reports are audit reports used to evaluate internal controls at a service organization and are not job roles. In the context of security risk management, entry-level positions typically require foundational knowledge of security principles, certifications like CompTIA Security+ or CISSP, and experience with risk assessment tools, but SOC 1 itself is not an entry-level role.
What are popular job titles related to Security Risk Management jobs in Chicago, IL? For Security Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Security Risk Management jobs in Chicago, IL look for? The top searched job categories for Security Risk Management jobs in Chicago, IL are:
Security Risk Management jobs near you
Infographic showing various Security Risk Management job openings in Chicago, IL as of June 2026, with employment types broken down into 2% As Needed, 85% Full Time, 9% Part Time, and 4% Nights. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $108,008 per year, or $51.9 per hour.
Risk Management - Credit Risk Associate

Risk Management - Credit Risk Associate

JPMorgan Chase & Co

Chicago, IL • On-site

Full-time

Medical, Retirement

Posted 17 days ago

JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 470 frontline employees who took The Breakroom Quiz

46th of 141 rated banks

Job description

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Credit Risk Associate within the Business Services Leveraged Finance Credit team, you will cover noninvestment grade corporate clients and sponsorbacked clients across Business Services subsectors. You will manage and monitor a portfolio of leveraged issuers, underwrite LBOs and recapitalizations, partner with the trading desk to approve hedging exposure, support legal negotiations, and collaborate with the Asset Based Lending (ABL) Credit Team to deliver collateralbacked solutions. Your work will directly influence the firm's riskreturn balance while upholding a strong culture of compliance and partnership.

Job Responsibilities

  • Manage and monitor a portfolio of client credit exposures across Business Services subsectors (e.g., facilities management, outsourcing, staffing, security services, consulting firms, etc.).
  • Track exposure across loans, revolvers, term loans, letters of credit, ABL facilities, and derivatives; ensure compliance with limits, covenants, and internal risk appetite.
  • Conduct scenario analysis/stress testing on leverage, liquidity, and cash flow resilience.
  • Take ownership of client credit needs and independently develop credit opinions.
  • Build and review pro forma capital structures and cash flow projection models; assess debt capacity, deleveraging paths, interest coverage, liquidity, and covenant headroom.
  • Manage credit due diligence process for clients and capital markets transactions, coordinating thirdparty reports, management meetings, and site visits.
  • Assess counterparty credit risk using SACCR/PFE methodologies; monitor exposure, collateral thresholds, and margining under CSA.
  • Coordinate with Treasury Services, Payments Risk, and Implementation teams to align product structures, collateralization/guarantees, and documentation with credit appetite.
  • Collaborate with Global Corporate Banking Coverage, Debt Capital Markets, Investment Banking Coverage, and Syndicate teams.
  • Stay current on all aspects of credit relationships, including exposure, compliance, documentation status, and ongoing credit research.

Required Qualifications, Capabilities, and Skills

  • Bachelors degree
  • Completion of a major corporate bank credit training program or equivalent experience
  • Minimum of 3 years of related experience in credit risk, leveraged finance, or corporate finance
  • Strong accounting and corporate finance expertise; proven analytical and financial modeling ability
  • Proficiency in Excel, PowerPoint, and Word; ability to produce concise, decisionready materials
  • Outstanding verbal and written communication; strong interpersonal skills; ability to perform under pressure in a demanding environment

Preferred Qualifications, Capabilities, and Skills

  • MBA or CFA designation
  • Familiarity with rating agency methodologies and stress testing practice
  • Experience with ABL structures, borrowing base analysis, and collateral diligence
  • Knowledge of loan and derivative products, documentation, and structuring; experience negotiating legal documents associated with credit products
  • Experience negotiating legal documents associated with credit products
  • Sector familiarity beyond Business Services (e.g., Consumer, Retail, Healthcare, Diversified Industries, Automotive, Transportation, Aerospace, Defense, Airlines, Natural Resources, Energy)
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

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