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Senior Risk Engineer Jobs in Chicago, IL (NOW HIRING)

RSM

Senior Threat Hunter

Chicago, IL

As a Senior Threat Hunter/SOC Analyst within RSM Defense, you own high-severity security ... and risk context. You will also influence detection engineering and response automation by ...

Deloitte

AI Security Engineer Senior Manager

Chicago, IL

$118K - $161K/yr

As a Senior Manager in AI Security Engineering, you will define and lead the firm's approach to ... Lead AI Risk & Governance Establish frameworks to manage AI-specific risks (e.g., model integrity ...

Chubb

Senior Underwriter, Equipment Breakdown

Chicago, IL · On-site

$100K - $165K/yr

The primary duties of a Senior Equipment Breakdown Underwriter include: * Profit and revenue growth ... Work with Risk Engineering to help coordinate appropriate activities and services on new and ...

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All JobsRisk Engineer JobsSenior Risk Engineer JobsSenior Risk Engineer Jobs in Chicago, IL

Senior Risk Engineer information

See Chicago, IL salary details

$58.8K

$125K

$181.3K

How much do senior risk engineer jobs pay per year?

As of Jul 13, 2026, the average yearly pay for senior risk engineer in Chicago, IL is $125,012.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,200.00 and $141,700.00 per year, depending on experience, location, and employer.

What engineers make $500,000?

Senior Risk Engineers in specialized industries such as insurance, energy, or aerospace can earn $500,000 or more annually, especially with extensive experience, advanced certifications, and leadership roles. High compensation often includes bonuses, profit sharing, or other incentives, and requires strong technical skills and industry knowledge.

How much do risk engineers make in the US?

Risk engineers in the US typically earn a median annual salary of around $80,000 to $110,000, depending on experience, industry, and location. Senior risk engineers with specialized skills and certifications can earn higher salaries, often exceeding $120,000 annually.

Is risk engineer a good career?

A risk engineer is a professional responsible for identifying, analyzing, and mitigating risks in various industries such as insurance, manufacturing, and energy. The role often requires strong analytical skills, knowledge of safety standards, and certifications like Certified Risk Manager (CRM). It can offer stable employment and opportunities for advancement, especially for those with technical expertise and experience in risk assessment tools.

What does a Senior Risk Engineer do?

A Senior Risk Engineer is responsible for identifying, assessing, and mitigating risks in engineering projects or operations, often within sectors like insurance, energy, or manufacturing. They analyze potential hazards, develop risk management strategies, and ensure compliance with regulations and industry standards. These professionals also provide recommendations to improve safety, reduce losses, and support business decision-making. Senior Risk Engineers often mentor junior staff and work closely with project managers, safety teams, and other stakeholders.

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

To thrive as a Senior Risk Engineer, you need deep expertise in risk assessment, engineering principles, and regulatory compliance, typically supported by a degree in engineering or a related field and several years of industry experience. Familiarity with risk analysis tools (such as HAZOP, FMEA), industry standards, and certifications like Professional Engineer (PE) or Certified Safety Professional (CSP) are often required. Strong analytical thinking, communication, and leadership skills help you effectively identify risks and guide teams in implementing mitigation strategies. These competencies are critical for ensuring operational safety, regulatory adherence, and minimizing potential losses in complex engineering environments.

How does a Senior Risk Engineer typically collaborate with cross-functional teams to address potential hazards in large-scale projects?

A Senior Risk Engineer often works closely with project managers, design engineers, safety specialists, and operations teams to identify, assess, and mitigate risks associated with large-scale projects. This collaboration involves leading risk assessment workshops, reviewing technical documents, and ensuring that all stakeholders understand risk mitigation strategies. Effective communication and the ability to translate complex technical risks into actionable plans are key to success in this role. Regular meetings and progress reviews help ensure that risk controls are integrated throughout all project phases.

What is the difference between Senior Risk Engineer vs Risk Analyst?

AspectSenior Risk EngineerRisk Analyst
Required CredentialsBachelor's or higher in engineering, risk management certifications (e.g., CRM)Bachelor's in finance, economics, or related field; risk management certifications often preferred
Work EnvironmentEngineering firms, industrial sites, insurance companiesFinancial institutions, insurance companies, consulting firms
Employer & Industry UsageUsed in engineering, manufacturing, energy sectorsCommon in finance, insurance, and corporate risk departments

While both roles focus on assessing and managing risks, the Senior Risk Engineer typically works in technical and industrial environments, applying engineering principles. The Risk Analyst often operates within financial or corporate settings, analyzing data to inform risk decisions. The roles share certifications and require analytical skills but differ mainly in industry focus and technical depth.

What engineers make $200,000 a year?

Senior Risk Engineers and other experienced engineering professionals in specialized fields such as petroleum, aerospace, or software engineering can earn $200,000 or more annually. High salaries often require advanced certifications, extensive experience, and expertise in risk assessment, modeling, or industry-specific tools. Compensation varies based on industry, location, and company size.
What are the most commonly searched types of Risk Engineer jobs in Chicago, IL? The most popular types of Risk Engineer jobs in Chicago, IL are:
What are popular job titles related to Senior Risk Engineer jobs in Chicago, IL? For Senior Risk Engineer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Senior Risk Engineer jobs in Chicago, IL look for? The top searched job categories for Senior Risk Engineer jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Senior Risk Engineer jobs? Cities near Chicago, IL with the most Senior Risk Engineer job openings:
Senior Risk Engineer jobs near you
Senior Software Engineer - US Risk Technology

Senior Software Engineer - US Risk Technology

CIBC

Chicago, IL • On-site

$120K - $140K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago

Job description

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.
At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC, please visit CIBC.com
What You'll Be Doing
As a Senior Software Engineer on the US Risk Technology team, you'll serve as a technology partner for the US risk management function. We are working on challenging projects, creating ETL jobs in DataBricks, building workflow automation solutions using Microsoft Power Platform, data flows with Azure data lake storage and DevOps environment set up. The role offers exposure to the full range of the software development life cycle, from development to testing to support. This Senior Software Engineer also builds solutions in AML Tech, Databricks, and other applications to support the US Risk Management business.
CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 2 days per week on-site, while other days may be remote.
How You'll Succeed
  • Technical Skills - make the link between business problems and technology solutions with a cloud-first mindset. Using tools such as SQL, DataBricks, Python, Microsoft Power Platform and Azure App Services.
  • Cloud Computing - Use the full range of Microsoft Azure Services with exposure to machine learning. Azure Certifications would be an asset (AZ-900).
  • Documentation - Comfortable documenting each step of the software delivery life cycle on wiki and our change management software ServiceNow.
  • DevSecOps - Write secure code following industry best practices and incorporate DevSecOps into your workflow.
  • Communication - write with precision and clarity. Express technical concepts to non-technical audiences.
  • Collaboration - build trusted working relationships with business stakeholders, technology partners, and external vendors.
  • Business Savvy - apply knowledge of banking and risk management to ensure alignment between business objectives and software requirements.
  • Continuous Learning - stay up-to-date with emerging technologies, changes in the banking industry, and regulatory developments.

Who You Are
  • You can demonstrate 5-7 years experience within Software Engineering with a relevant post-secondary degree. You must be proficient in languages such as Python and bring hands-on experience with Databricks platform implementing ETL processes. You must be comfortable writing SQL queries. Experience with PySpark or Spark SQL for data processing along Microsoft Azure would be valuable. Work with databases, cloud computing, or application development/support would be particularly relevant.
  • It's an asset if you have experience with C#, .Net, or Power Apps.
  • You understand banking fundamentals. Exposure to risk management, capital stress testing, credit risk models, and regulatory compliance would be particularly relevant.
  • You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
  • Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
  • You're digitally savvy. You seek out innovative solutions and embrace leading-edge technologies. You can easily adapt to new tools and trends.
  • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision.
  • Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

California residents - your privacy rights regarding your actual or prospective employment
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $120,000 - $140,000 for the Chicago market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members."
This position does not offer visa sponsorship.
#LI-TA
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions
What you need to know
  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location
IL-Chicago, 70 W Madison St Fl 10
Employment Type
Regular
Weekly Hours
40
Skills
.NET Programming, Application Development, Applications Programming, Azure Blob Storage, Azure Devops, Databricks Platform, Data Lake, Microsoft Azure, Microsoft Azure Databricks, Microsoft Azure Portal, PostgreSQL, PySpark, Python (Programming Language), Python Software Development, Software Development, SQL Databases, Structured Query Language (SQL)

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