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Senior Compliance Risk Management Jobs in Chicago, IL

Addison Group

Risk & Compliance Associate

Chicago, IL · On-site

$50 - $60/hr

Reporting to senior legal leadership, this individual will partner with cross-functional teams to strengthen compliance processes, manage risk-related workflows, support internal investigations, and ...

Vizient

Senior IT Compliance Analyst

Chicago, IL

$68K - $116K/yr

The GRC Senior Compliance Analyst partners with cross-functional teams and leadership to assess ... risk management, or information security. * Strong understanding of compliance frameworks and ...

Old Mission

Compliance Analyst Co-Op

Chicago, IL · On-site

$62K/yr

... senior Compliance team members and exposure to our Operations and Risk teams giving you a real ... Help manage critical daily functions like CAT (Consolidated Audit Trail) reporting and exchange ...

Invenergy LLC

Senior Analyst, Compliance

Chicago, IL

Position Overview Invenergy is seeking a Senior Analyst, Compliance, who is comfortable leveraging ... Responsibilities Compliance & Risk Management, Monitoring & Reporting * Formalize and streamline ...

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Senior Compliance Risk Management information

See Chicago, IL salary details

$23.2K

$121.8K

$216.3K

How much do senior compliance risk management jobs pay per year?

As of Aug 26, 2026, the average yearly pay for senior compliance risk management in Chicago, IL is $121,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,000.00 and $149,400.00 per year, depending on experience, location, and employer.

What does a senior compliance risk management professional do?

A Senior Compliance Risk Management professional is responsible for identifying, assessing, and mitigating risks related to regulatory compliance within an organization. They develop, implement, and oversee policies and procedures to ensure the company adheres to laws, regulations, and internal standards. Additionally, they conduct risk assessments, provide training, and report on compliance matters to senior leadership. Their role is crucial in preventing legal issues and maintaining the organization's reputation.

How does a senior compliance risk management professional typically collaborate with other departments to ensure effective risk mitigation?

A Senior Compliance Risk Management professional works closely with departments such as legal, operations, and internal audit to identify, assess, and mitigate compliance risks. This usually involves conducting regular risk assessments, developing training programs, and ensuring policies are up-to-date with regulatory changes. Effective communication and cross-functional teamwork are essential, as these professionals often lead or participate in committees, provide guidance on new business initiatives, and facilitate timely responses to compliance issues. Collaboration is key to embedding a culture of compliance throughout the organization.

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

To thrive as a Senior Compliance Risk Management professional, expertise in regulatory analysis, risk assessment, and policy development, typically supported by a relevant degree and industry experience, is essential. Familiarity with compliance management systems, data analytics tools, and certifications such as CAMS or CRCM are commonly required. Strong analytical thinking, attention to detail, and effective communication skills help build trust and ensure collaboration across departments. These competencies are critical to proactively identifying, mitigating, and managing compliance risks in a complex regulatory environment.

What is the difference between Senior Compliance Risk Management vs Compliance Analyst?

AspectSenior Compliance Risk ManagementCompliance Analyst
Required CertificationsCRC, CCEP, or similarCRC, CCEP, or similar
Work EnvironmentStrategic, leadership-focused, cross-departmentalOperational, detail-oriented, data analysis
Employer & Industry UsageFinancial, healthcare, corporate sectorsFinancial, healthcare, corporate sectors
Common Search/ComparisonHigher-level responsibilities, strategic planningEntry to mid-level compliance tasks

While both roles require compliance certifications and work within similar industries, Senior Compliance Risk Management focuses on strategic oversight, risk assessment, and leadership. Compliance Analysts handle day-to-day compliance monitoring, data analysis, and reporting. The senior role involves broader responsibilities and decision-making authority, whereas the analyst role is more operational and detail-focused.

What are the most commonly searched types of Compliance Risk Management jobs in Chicago, IL?

The most popular types of Compliance Risk Management jobs in Chicago, IL are:

Senior Compliance Risk Management jobs near you

Senior Compliance Specialist

First Business Bank

Des Plaines, IL • On-site

$90 - $140/hr

Other

Posted 23 days ago

Job description

Join us today as the Senior Compliance Specialist!

First Business Bank is a Top Workplaces USA company, learn more here.

At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us!

Work Model:

Remote and requiring a candidate in the Madison, Milwaukee, or Chicago markets for occasional in-person meetings.

Overview:

As a Senior Compliance Specialist, you will partner with leaders across the organization to navigate an evolving regulatory environment, provide practical compliance guidance, and strengthen the Bank's Compliance Management Program. This is an excellent opportunity for a compliance professional who enjoys problem-solving, relationship building, and driving meaningful improvements that support both regulatory compliance and business success.

Key Responsibilities: Regulatory Compliance & Risk Management
  • Maintain expertise in applicable banking laws, regulations, regulatory guidance, and industry best practices impacting deposit, lending, treasury management, and operational activities.
  • Conduct compliance monitoring and testing to ensure adherence to federal and state regulatory requirements.
  • Identify compliance risks and gaps, partner with business leaders on corrective actions, and support ongoing enhancement of the Bank's compliance monitoring program.
Compliance Advisory & Change Management
  • Serve as a trusted compliance advisor to business lines by providing guidance, recommendations, training, and regulatory interpretations.
  • Support implementation of new and revised regulations, communicating compliance updates, audit findings, and process improvement opportunities across the organization.
  • Review, develop, and maintain policies, procedures, and controls to support regulatory compliance and operational effectiveness.
Complaint Management & Regulatory Oversight
  • Administer the Bank's complaint management program, including investigations, remediation, root cause analysis, and reporting to senior management and board committees.
  • Review and approve marketing materials and oversee compliance with applicable advertising, disclosure, privacy, and FDIC requirements.
  • Respond to compliance-related inquiries and support regulatory examinations, audits, and internal reviews.
Compliance Projects & Program Administration
  • Lead or support compliance-related initiatives involving new products, system implementations, process changes, and other strategic projects.
  • Maintain compliance documentation, agreements, procedures, and records to support regulatory requirements and audit readiness.
  • Prepare reports, presentations, and training materials to promote compliance awareness throughout the organization.
Team & Organizational Support
  • Collaborate with Compliance Team members and cross-functional partners to strengthen the Bank's overall compliance program.
  • Participate on committees and special projects, contributing to operational improvements and risk mitigation efforts.
  • Perform other duties and responsibilities as assigned.
Position Requirements:
  • Bachelor’sdegreerequiredorequivalentworkexperience
  • 7-10 years of bank compliance, audit, operations or client service experience, emphasizing compliance and banking regulations
  • KnowledgeofFederalandStatelawsand regulations.
  • Knowledgeandunderstandingoftheoperatingandregulatoryenvironmentforcommunitybanks.
  • Abilitytolearn andtherebyadapttoanexpandingandchangingregulatoryenvironment.
  • Ability to manage, organize and prioritize projects independently
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