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Sr Risk Manager Jobs in Illinois (NOW HIRING)

Capital One

Manager, Risk Manager

Riverwoods, IL · On-site

Strong communication and stakeholder management skills, with a proven track record of influencing senior leadership through audit findings and risk insights At this time, Capital One will not sponsor ...

IMC

Experienced Risk Manager

Chicago, IL · On-site

IMC is looking for an Experienced Risk Manager to join our Chicago Risk team, focusing primarily on ... to senior leadership, and the ability to influence both day-to-day trading decisions and the ...

Smarkets

Chief Risk Officer (Chicago)

Chicago, IL · On-site

Senior risk leader with 7+ years of senior experience in risk management, ideally within derivatives markets, exchanges, clearinghouses, or other financial infrastructure providers. * 4+ years of ...

RSM

Role Overview The Technology Risk Advisory - AI Risk Senior Associate will play a key role in ... Client Delivery -- Support workplans, manage assigned tasks, gather requirements, and contribute to ...

New

IMC

Experienced Risk Manager

Chicago, IL · On-site

$150K - $210K/yr

IMC is looking for an Experienced Risk Manager to join our Chicago Risk team, focusing primarily on ... to senior leadership, and the ability to influence both day-to-day trading decisions and the ...

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Showing results 41-60

All JobsSr Risk JobsSr Risk Manager JobsSr Risk Manager Jobs in Illinois

Sr Risk Manager information

See Illinois salary details

$21.8K

$114.6K

$203.5K

How much do sr risk manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for sr risk manager in Illinois is $114,595.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,900.00 and $140,500.00 per year, depending on experience, location, and employer.

How does a Sr Risk Manager typically collaborate with other departments to manage organizational risks?

As a Sr Risk Manager, you will frequently work cross-functionally with teams such as compliance, legal, finance, and operations to identify, assess, and mitigate risks. This involves facilitating risk assessments, sharing findings with department leads, and developing action plans together. Effective communication skills and the ability to translate complex risk concepts into practical recommendations are essential. Regular meetings and reporting cycles help ensure risks are monitored and managed proactively across the organization.

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

AspectSr Risk ManagerRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, risk management certifications)Often requires a bachelor's degree, some certifications preferred
Work EnvironmentStrategic, leadership-focused, often managerialAnalytical, data-driven, support role
Employer & Industry UsageUsed in finance, insurance, corporate sectors for risk oversightCommon in finance, banking, and insurance for risk assessment

The main difference between a Sr Risk Manager and a Risk Analyst lies in their responsibilities and experience level. The Sr Risk Manager oversees risk strategies and manages teams, requiring more advanced credentials and strategic thinking. In contrast, the Risk Analyst focuses on data analysis and risk assessment tasks, often serving as a support role. Both roles are vital in risk management but differ in scope and seniority.

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

To thrive as a Sr Risk Manager, you need deep expertise in risk assessment, financial analysis, regulatory compliance, and typically a bachelor's or master's degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (Governance, Risk, and Compliance) systems, and certifications like FRM or CRM are often required. Strong analytical thinking, leadership, and effective communication skills help in influencing decision-makers and leading cross-functional teams. These competencies are essential for identifying, mitigating, and communicating risks to protect the organization’s assets and reputation.

What does a Sr Risk Manager do?

A Sr Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations, finances, or reputation. They develop risk management strategies, implement policies, and collaborate with other departments to ensure compliance and minimize potential losses. This role often involves analyzing data, preparing reports for senior leadership, and staying updated on regulatory changes that may affect the business.
What are popular job titles related to Sr Risk Manager jobs in Illinois? For Sr Risk Manager jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Sr Risk Manager jobs in Illinois look for? The top searched job categories for Sr Risk Manager jobs in Illinois are:
What cities in Illinois are hiring for Sr Risk Manager jobs? Cities in Illinois with the most Sr Risk Manager job openings:
Sr Risk Manager jobs near you
Infographic showing various Sr Risk Manager job openings in Illinois as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $114,595 per year, or $55.1 per hour.

Manager, Risk Manager

Capital One

Riverwoods, IL • On-site

Full-time

Re-posted 16 days ago

Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 146 frontline employees who took The Breakroom Quiz

93rd of 170 rated banks

Job description

Manager, Risk Manager
Are you ready to lead from the front line of a top 10 bank? Do you thrive in a high-visibility environment where your strategic relationship-building and rigorous audit expertise translate directly into innovative risk solutions? As a Risk Manager at Capital One, you won't just monitor risk-you will partner with business leaders to actively shape our defense strategies, ensuring the company remains stable, resilient, and profitable.
We are seeking highly motivated Risk Management professionals who blend sharp organizational prowess, internal/external audit experience, and exceptional communication skills. In this role, you will enjoy significant exposure across multiple lines of business, leveraging your audit background to design, champion, and implement progressive frameworks that safeguard our enterprise.
Responsibilities:
  • Strategic Risk Consulting: Serve as a trusted advisor to core business areas, providing tailored guidance and proactive risk mitigation strategies relative to their specific business lines.
  • Audit & Remediation Leadership:Lead risk assessments, manage internal/external audit preparation, and oversee the successful execution of audit remediation efforts to ensure compliance.
  • Stakeholder & Client Management:Cultivate, leverage, and sustain key executive relationships across the enterprise to foster deep collaboration and break down silos.
  • Reporting & Compliance Excellence: Own, enhance, and execute internal and external reporting processes, ensuring flawless documentation that aligns with complex regulatory and internal audit expectations.
  • Framework Alignment: Map and adjust localized business processes to seamlessly align with overarching Capital One corporate requirements and risk frameworks.
  • Governance Documentation: Author, review, and continuously refine critical governance documents, including policies, standards, procedures, and operational guidelines.
  • Cross-Functional Collaboration: Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel Program, Internal Audit, and Regulatory Relations-to achieve unified risk objectives.

Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in Internal Audit, External Audit, Risk Management, or Compliance within the financial services industry
  • At least 2 years of Project Management or Process Management experience

Preferred Qualifications:
  • At least 5 years of experience in Internal Audit, External Audit, Risk Management, or Compliance within the financial services industry
  • Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), or similar professional certification
  • At least 3 years of experience leading cross-functional projects and audit readiness programs
  • Strong communication and stakeholder management skills, with a proven track record of influencing senior leadership through audit findings and risk insights

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Riverwoods, IL: $138,100 - $157,700 for Risk Manager
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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