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

IST Risk Manager

Chicago, IL · On-site

$199K/yr

The Information Security & Technology Risk Manager supports and executes second line of defense (2LOD) governance, oversight, and independent challenge across information security and technology risk ...

Manager - Third Party Risk The position will be primarily responsible for managing and leading the ... Documenting information security risk and compliance findings, presenting recommendations for ...

Traditional security and integrated risk programs have often been unsuccessful in unifying the need ... Work you'll do As an Insider Risk Manager on the Cyber team, you will be responsible for: • ...

Traditional security and integrated risk programs have often been unsuccessful in unifying the need ... Work you'll do As an Insider Risk Manager on the Cyber team, you will be responsible for:

Manager - Third Party Risk The position will be primarily responsible for managing and leading ... Projects would be performed through interacting with client Information Security, Procurement ...

Governance & Risk Analyst

Chicago, IL · On-site

$85K - $95K/yr

The role requires strong analytical skills, stakeholder engagement, and familiarity with information security, privacy, and regulatory frameworks. Key Responsibilities Third-Party Risk Management ...

Relevant experience in AML/KYC, Risk Management, Security, and/or Law enforcement specific to fraud and illicit money movement * Strong understanding of AML and BSA regulatory requirements

Industry Risk Manager

Chicago, IL · On-site

$108K - $183K/yr

Relevant experience in AML/KYC, Risk Management, Security, and/or Law enforcement specific to fraud and illicit money movement * Strong understanding of AML and BSA regulatory requirements

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Security Risk Manager information

See Chicago, IL salary details

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How much do security risk manager jobs pay per hour?

As of Jul 21, 2026, the average hourly pay for security risk manager in Chicago, IL is $26.76, according to ZipRecruiter salary data. Most workers in this role earn between $18.80 and $30.19 per hour, depending on experience, location, and employer.

How much does a risk manager get paid?

A Security Risk Manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, certifications, and industry. Senior roles or those with specialized skills can earn higher salaries, often exceeding $150,000. Compensation may also include bonuses and benefits related to security and risk management tools.

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

AspectSecurity Risk ManagerSecurity Analyst
CertificationsCRISC, CISSP, CISMCompTIA Security+, CISSP (optional)
Work EnvironmentStrategic, managerial, policy-focusedOperational, monitoring, incident response
Employer & Industry UsageOrganizations with risk management frameworksIT departments, cybersecurity teams

The Security Risk Manager focuses on identifying, assessing, and mitigating security risks at a strategic level, often managing policies and frameworks. In contrast, the Security Analyst handles day-to-day security monitoring, incident response, and vulnerability assessments. Both roles require cybersecurity certifications, but the Risk Manager's role is more strategic, while the Analyst's role is more technical and operational.

What are some common challenges Security Risk Managers face when implementing new security policies within an organization?

Security Risk Managers often encounter challenges such as resistance to change from employees, balancing security needs with business operations, and ensuring compliance with industry regulations. Gaining buy-in from various stakeholders requires strong communication and education efforts, as some team members may perceive new protocols as disruptive. Additionally, Security Risk Managers must continuously assess evolving threats while adapting policies to keep the organization protected without hindering productivity.

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

To thrive as a Security Risk Manager, you need a solid understanding of risk assessment, security protocols, and regulatory compliance, typically supported by a degree in cybersecurity, information security, or a related field. Familiarity with risk management frameworks (like ISO 27001 or NIST), security information and event management (SIEM) systems, and certifications such as CISSP or CISM are commonly required. Strong analytical thinking, communication, and leadership skills help you effectively identify vulnerabilities and collaborate with stakeholders. These competencies are crucial for proactively managing threats, ensuring organizational resilience, and maintaining regulatory compliance.

What is the highest salary for a risk manager?

The highest salary for a Security Risk Manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like CISSP or CISM, and leadership roles in large organizations. Salaries vary based on industry, location, and the complexity of security environments managed.

What does a security risk manager do?

A security risk manager assesses and identifies potential security threats to an organization’s information systems and physical assets. They develop strategies, implement policies, and oversee security measures to mitigate risks, often using tools like risk assessment frameworks and security audits. Strong analytical skills and relevant certifications such as CISSP or CISM are typically required.

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

Security Risk Managers with extensive experience, advanced certifications, and specialized skills can potentially earn $200,000 or more annually, especially in high-demand industries or senior roles. Salary levels depend on factors such as location, company size, and individual expertise, with senior positions often offering higher compensation.
Infographic showing various Security Risk Manager job openings in Chicago, IL as of July 2026, with employment types broken down into 89% Full Time, 10% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $55,665 per year, or $26.8 per hour.
Senior Information Security & Risk Manager

Senior Information Security & Risk Manager

National Futures Association

Chicago, IL • On-site

Other

Re-posted 3 days ago


Job description

NFA is purpose-driven. We safeguard the integrity of the derivatives markets, protect investors and ensure that our Members meet their regulatory obligations. We take pride in our work; maintain a conviction to do the right thing; empower each other; and support our community.

Envision your career in a place where performing critical regulatory work within the financial industry is as significant as the passionate and talented individuals with whom you work. NFA is purpose-driven. We safeguard the integrity of the derivatives markets, protect investors and ensure that our Members meet their regulatory obligations.

We take pride in our work; maintain a conviction to do the right thing; empower each other; and support our community. Envision your career in a place where performing critical regulatory work within the financial industry is as significant as the passionate and talented individuals with whom you work. When you join NFA as a Senior Information Security & Risk Manager, you will play a critical role in supporting our mission by strengthening NFA's information security compliance program and ensuring alignment with regulatory requirements, industry frameworks, and evolving cybersecurity best practices.

As a subject matter expert you will ensure policy alignment with NIST CSF, NIST SP 800-53r5, and FISMA requirements. Bring your analytical mindset and security expertise to solve complex challenges, evaluate risk, and identify opportunities for continuous improvement. Beginning your first day and throughout your career at NFA, you will collaborate with Information Systems, Security Operations, and business stakeholders to assess compliance requirements, evaluate security controls, and support ongoing compliance initiatives.

You will quickly become a trusted resource on security frameworks while helping NFA navigate an increasingly complex cybersecurity and technology landscape, including adoption of artificial intelligence. What you'll do: As a key contributor and SME, you will support the development and maturity of the information security compliance program while partnering with stakeholders across the organization to strengthen governance, manage risk, and ensure regulatory compliance. In addition, you will: Support the development, implementation, maintenance, and improvement of NFA's information security compliance program.

Assess and monitor the effectiveness of information security controls, compliance activity, risk mitigation efforts to ensure alignment with regulatory, industry, and organizational requirements. Develop and enhance information security policy standards, procedures and related governance documentation. Collaborate with various departments and stakeholders to identify compliance gaps, evaluate risk, and support remediation activities.

Help lead internal and external audits and prepare compliance materials for regulatory reporting and information requests, including those related to CFTC submissions. Monitor changes to applicable laws, regulations, frameworks and industry best practices to recommend appropriate updates to NFA's compliance program. Prepare compliance documentation, risk assessments, metrics, and reports for management, regulatory agencies, and other stakeholders.

Assess governance, risk, compliance, and control considerations associated with emerging technologies, including artificial intelligence and support the development of appropriate policies, and oversight practices. Maintain professional knowledge through continuous education, industry engagement, and awareness of evolving cybersecurity, compliance, privacy, and AI governance practices. What we are looking for: We're seeking a collaborative and intellectually curios professional who combines strong compliance expertise with business judgement.

The successful candidate will be comfortable working independently and communicating with both technical and non-technical stakeholders. A commitment to continuous learning, attention to detail, and the ability to translate complex regulatory requirements into practical solutions will be critical to success in this role. Additional requirements and experience include: Bachelor's degree in Information Security, Cybersecurity, Risk Management, or related field.

A minimum of 7 years of experience in information security, cybersecurity compliance, IT risk management, or related discipline. SME in NIST CSF, NIST SP 800-53, FISMA, and information security governance. Experience supporting regulatory examinations, audits, control assessments, or compliance reviews.

Expertise in information security risk management methodologies and control frameworks. Knowledge and interest in emerging cybersecurity concepts, as well as AI governance considerations. Strong analytical, organizational, problem solving, and communication skills.

Ability to collaborate and work with departments across multifaceted organizations. Skilled in developing executive reports and presentations that convey complex information security and risk concepts to both technical and non-technical audiences. Relevant certifications such as CISSP, CISM, CRISC, CGRC, or similar certifications are preferred.

The salary range for this position is $152,950 to $272,000 Customers and market participants depend on NFA to act with integrity and impartiality as it carries out its mission of safeguarding the markets and protecting investors. Therefore, NFA employees have a responsibility to conduct themselves according to high ethical standards, and must abide by NFA's Code of Professional Conduct. Learn more about the Code of Professional Conduct.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. To learn more about NFA and the benefits we offer please visit: What We Offer | National Futures Association Nearest Major Market: Chicago Apply