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Vice President Financial Risk Management Jobs in Illinois

VP Corporate FP&A

Deerfield, IL · On-site

$180 - $280/hr

Manage the finance system team to ensure Alight's financial reporting and planning tools are ... Oversight of the financials for our corporate functions including HR, Legal/Risk, Corporate ...

VP Corporate FP&A

Deerfield, IL · On-site

$232 - $258/hr

Manage the finance system team to ensure Alight's financial reporting and planning tools are ... Oversight of the financials for our corporate functions including HR, Legal/Risk, Corporate ...

New

Manage the finance system team to ensure Alight's financial reporting and planning tools are ... Oversight of the financials for our corporate functions including HR, Legal/Risk, Corporate ...

Manage the finance system team to ensure Alight's financial reporting and planning tools are ... Oversight of the financials for our corporate functions including HR, Legal/Risk, Corporate ...

Provide independent model risk management and support for the VP of Model Risk as follows: Model ... Wintrust Financial Corporation, including community banking and financial services subsidiaries, is ...

Provide independent model risk management and support for the VP of Model Risk as follows: Model ... Wintrust Financial Corporation, including community banking and financial services subsidiaries, is ...

Supervise 3 employees (VP, Financial Modeling and AVP, Financial Modeling) Requirements: Requires a ... risk management methodologies and techniques. * 4 years of Experience with regulatory model ...

Supervise 3 employees (VP, Financial Modeling and AVP, Financial Modeling) Requirements: Requires a ... risk management methodologies and techniques. * 4 years of Experience with regulatory model ...

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Vice President Financial Risk Management information

What does a vice president financial risk management do?

A Vice President of Financial Risk Management is responsible for identifying, analyzing, and mitigating financial risks that could impact a company's profitability or reputation. They develop risk management strategies, implement policies to minimize exposure, and ensure compliance with regulatory requirements. This role often involves working closely with executive leadership, overseeing risk assessment teams, and collaborating with departments such as finance, compliance, and audit. The VP also monitors market trends and financial data to proactively address potential threats and opportunities.

What are the key skills and qualifications needed to thrive as a vice president financial risk management?

To thrive as a Vice President of Financial Risk Management, you need deep expertise in risk analysis, financial modeling, and regulatory compliance, typically supported by an advanced degree in finance, economics, or a related field. Familiarity with risk management software, statistical tools like SAS or R, and relevant certifications such as FRM or CFA is often required. Exceptional leadership, strategic thinking, and strong communication skills help drive effective risk strategies and build cross-functional trust. These skills ensure robust risk mitigation, regulatory adherence, and organizational stability in a complex financial environment.

What are some common challenges faced by a vice president financial risk management when aligning risk strategies across multiple business units?

A Vice President of Financial Risk Management often encounters the challenge of ensuring consistent risk policies and practices across diverse business units, each with its own objectives and risk tolerance. Coordinating communication and collaboration between teams, standardizing risk assessment methodologies, and balancing centralized oversight with unit-level flexibility are typical hurdles. These challenges require strong leadership, cross-functional influence, and the ability to translate complex risk concepts into actionable strategies that support both compliance and business goals.

What is the difference between Vice President Financial Risk Management vs Risk Manager?

AspectVice President Financial Risk ManagementRisk Manager
CredentialsAdvanced degrees (MBA, CFA), professional certifications (FRM, CFA)Bachelor's or master's degree, relevant certifications (FRM, CRM)
Work EnvironmentStrategic leadership, executive meetings, cross-department collaborationOperational risk assessment, reporting, and compliance tasks
Employer & Industry UsageFinancial institutions, large corporations, investment firmsBanks, insurance companies, corporate risk departments

The Vice President Financial Risk Management typically oversees strategic risk policies and leads risk teams at an executive level, while Risk Managers focus on day-to-day risk assessment and mitigation. Both roles require similar certifications but differ in scope, responsibility, and seniority within the organization.

What are the most commonly searched types of Financial Risk Management jobs in Illinois?

The most popular types of Financial Risk Management jobs in Illinois are:

What job categories do people searching Vice President Financial Risk Management jobs in Illinois look for?

The top searched job categories for Vice President Financial Risk Management jobs in Illinois are:

What cities in Illinois are hiring for Vice President Financial Risk Management jobs?

Cities in Illinois with the most Vice President Financial Risk Management job openings:

Infographic showing various Vice President Financial Risk Management job openings in Illinois as of July 2026, with employment types broken down into 1% As Needed, 79% Full Time, 15% Part Time, and 5% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution.

VP Corporate FP&A

Alight Solutions

Deerfield, IL • On-site

$180 - $280/hr

Other

Medical, Dental, Vision, Life, Retirement

This job post has expired today. Applications are no longer accepted.


Alight Solutions rating

7.8

Company rating: 7.8 out of 10

Based on 90 frontline employees who took The Breakroom Quiz

87th of 224 rated it services


Job description

Our Story

At Alight, we believe a company’s success starts with its people. Alight embraces values that come directly from our people – purposeful, human, united and growth-minded – reflecting our inclusive culture and promise that our clients expect. We are passionate about connecting purpose with impact. Alight empowers clients to build a healthier and more financially secure workforce by unifying the benefits ecosystem across health, wealth, wellbeing, navigation, and absence management.

Our Benefits

With a comprehensive total rewards package, Alight offers programs and plans that support your mind, body, wallet, and life. Benefits include health, dental and vision coverages starting Day One. Additionally, Alight colleagues enjoy wellbeing programs, retirement plans with contribution matching, generous time off, parental leave, continuing education, and career growth opportunities – all within a thriving global organization.

Flexible Working

So that you can be your best at work and home, we consider flexible working arrangements wherever possible. Alight has been a leader in the flexible workspace and "Top 100 Company for Remote Jobs" 6 years in a row.

Great Place to Work

Thanks to the work of every colleague, Alight has received multiple awards of recognition including “Great Place to Work” for the past 7 years and Fortune’s “Best Companies to Work For.” To learn more about our company culture and awards Click Here. We invite you to join our team! Learn more at careers.alight.com. Candidates must be able to work in a hybrid capacity and commute to our Deerfield, IL office as required. Remote-only arrangements are not available.

Vice President, Financial Planning & Analysis

The Vice President, Financial Planning & Analysis will lead Alight’s enterprise FP&A function and serve as a strategic partner to the SVP Finance as well as the CFO, CEO and Executive Leadership Team. This role is responsible for shaping the company’s financial planning, forecasting, internal and external reporting, and decision-support capabilities. Strategic business partnership with the executive team and business leaders. Ownership of forecasting, long-range planning, and performance management. Driving insights and accountability across the organization, not just reporting results. Leading the evolution of our FP&A processes, tools, and analytics capabilities.

Key Responsibilities
  • Lead the Corporate FP&A function, including annual planning, quarterly forecasting, long-range planning, monthly financial performance reviews, and management reporting.
  • Oversight of the preparation of internal and external financial reporting and analysis packages.
  • Prepare Board of Director and Executive Leadership Team presentations highlighting key performance indicators.
  • Partner closely with the SVP Finance as well as the CFO, CEO, and executive leaders to translate business strategy into financial plans, targets, and measurable outcomes.
  • Build, coach, and retain a FP&A team with deep analytical capability, business judgment, and executive presence.
  • Oversee investor relations and act as primary contact for our investor base.
  • Provide oversight to our external IR vendor and responsible for IR calendar and all supporting information for earnings and analyst calls.
  • Own the company-wide forecast process, ensuring timely, accurate, and actionable views of revenue, expenses, margin, cash flow, and key operating metrics.
  • Serve as finance leader to our CIO, overseeing the finance team responsible for the financials of our Technology including capital (purchased and internally developed)
  • Develop clear executive reporting and scorecards that provide an honest view of business performance, trends, risks, and opportunities.
  • Manage the finance system team to ensure Alight’s financial reporting and planning tools are maintained and optimized (Workday, Adaptive Insights).
  • Improve the quality, usability, and consistency of financial data, reporting, and planning tools.
  • Build meaningful relationships with finance and business leaders across Commercial, Delivery, Solutions, Technology, Operations, and Corporate Functions to improve financial accountability and decision-making.
  • Oversight of the financials for our corporate functions including HR, Legal/Risk, Corporate Leadership, Finance, and Corporate Strategy.
  • Lead financial modeling, scenario planning, sensitivity analysis, and investment cases for major strategic decisions, growth initiatives, organization changes, pricing decisions, and cost actions.
  • Establish consistent planning processes, calendar discipline, assumptions, templates, and governance across the enterprise.
  • Seek to continually improve accuracy of forecast assumptions and process.
  • Partner with Accounting, Treasury, and other Finance teams to ensure alignment between actual results, forecasts, external reporting, and business plans.
Qualifications
  • Bachelor’s degree in Finance, Accounting, Business, or a related field.
  • MBA, CPA, or other advanced credential preferred.
  • 15+ years of progressive finance experience, including significant leadership responsibility in FP&A, corporate finance, commercial finance, or business finance.
  • Experience leading enterprise-wide planning and forecasting in a large, complex, multi-business or global organization.
  • Proven understanding of financial statements, revenue models, margin drivers, cost structures, cash flow, and capital allocation.
  • Demonstrated ability to influence senior executives and translate complex financial information into clear business recommendations.
  • Proven experience leading and building large-scale financial modeling, strategic planning, investment analysis, and business performance management.
  • Proven people leadership skills, with a track record of developing high-performing teams.
  • Excellent communication skills, sound judgment, and the ability to operate effectively in a fast-moving, changing environment.
  • Experience with planning and reporting systems, business intelligence tools, and data-driven decision-making.
What Success Looks Like

The company has a clear, credible, and consistent view of financial performance and outlook. Leaders have the insight needed to make faster, better decisions on growth, investment, cost, and resource allocation. Forecasts are accurate, timely, and understood across the business. Planning and performance-management processes are practical, disciplined, and connected to enterprise priorities. The FP&A team is viewed as a trusted business partner, not simply a reporting function.

Application and Interview

By applying for a position with Alight, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Alight’s employment policies. Background checks may include some or all the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position. Alight requires all virtual interviews to be conducted on video. Please be aware that Alight is a camera-on culture and may require occasional travel to one of our physical office locations.

Our commitment to Inclusion

We celebrate differences and believe in fostering an environment where everyone feels valued, respected, and supported. We know that diverse teams are stronger, more innovative, and more successful. At Alight, we welcome and embrace all individuals, regardless of their background, and are dedicated to creating a culture that enables every employee to thrive. Join us in building a brighter, more inclusive future. As part of this commitment, Alight will ensure that persons with disabilities are provided reasonable accommodations for the hiring process. If reasonable accommodation is needed, please contact alightcareers@alight.com.

Equal Opportunity Policy Statement

Alight is an Equal Employment Opportunity employer and does not discriminate against anyone based on sex, race, color, religion, creed, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, marital or domestic partner status, citizenship, military or veteran status, sexual orientation, gender, gender identity or expression, genetic information, or any other legally protected characteristics or conduct covered by federal, state, or local law. In addition, we take affirmative action to employ disabled persons, disabled veterans, and other covered veterans. Alight provides reasonable accommodations to the known limitations of otherwise qualified employees and applicants for employment with disabilities and sincerely held religious beliefs, practices and observances, unless doing so would result in undue hardship. Applicants for employment may request reasonable accommodations/modifications by contacting their recruiter.

Authorization to work in the Employing Country

Applicants for employment in the country in which they are applying (Employing Country) must have work authorization that does not, now or in the future, require

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