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Vice President Financial Risk Management Jobs in Illinois

WOWK-TV

Vice President, Finance

Chicago, IL

* Reports to SVP, Finance * Partners with President, Broadcasting * Frequent interaction with EVP, ... Supported by 1 - 2 financial analyst, managers and/or directors * This position will be based at ...

Tribune Media

Vice President, Finance

Chicago, IL · On-site

* Reports to SVP, Finance * Partners with President, Broadcasting * Frequent interaction with EVP, ... Supported by 1 - 2 financial analyst, managers and/or directors * This position will be based at ...

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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 are popular job titles related to Vice President Financial Risk Management jobs in Illinois?

For Vice President Financial Risk Management jobs in Illinois, the most frequently searched job titles 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:

Vice President Financial Risk Management jobs near you
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.

Risk Management - Lead Credit Officer, Specialty Finance - Vice President

JPMorgan Chase & Co.

Chicago, IL • On-site

$123K - $230K/yr

Full-time

Medical, Retirement

Re-posted 5 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 495 frontline employees who took The Breakroom Quiz

71st of 171 rated banks

Job description


Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Lead Credit Officer (Vice President) on the Specialty Finance Risk Team, you would be responsible for the risk management of a national portfolio of non-bank financial entities which are focused on residential mortgage originations, commercial/consumer finance, fintech, and other financial service industries. You will partner with Securitized Products, Corporate and Investment Bankers, Treasury Services, and Traders to analyze, structure, risk grade, and approve credit exposures. You will be an instrumental member of the team that will drive deal documentation negotiations and have responsibility for the on-going risk management.
Job Responsibilities:
  • Oversee the ongoing risk management of their portfolio which includes maintaining a broad and deep understanding of your clients' businesses, as well as a current and forward-looking view of the portfolio
  • Develop a keen understanding of the residential mortgage finance and other specialty finance markets including key risk and structures and work collaboratively with junior resources and product bankers to develop solutions to the benefit the client and JPMorgan
  • Lead due diligence meetings, which may be virtual or at the client's office
  • Perform financial analysis to assess the strength of the corporate counterparty and identification of key risks.
  • Monitor the portfolio to ensure internal risk grades remain accurate and appropriate action is taken to mitigate risk for deteriorating clients
  • Engage with coverage bankers and product partners to develop structures appropriate for the risk profile of the client and/or assets to be financed.
  • Work with business colleagues to assess stress or downside credit scenarios including validating cash flow models (typically Excel-based)
  • Review and assist in the negotiation of transaction and trading legal documentation
  • Oversee written credit analysis and present recommendations to senior credit officers for approval
  • Mentor/guide junior resources and manage workloads, delegate with appropriate guidance and ensure deadlines are understood and met, and where needed, confidently escalate to senior managers
  • Lead other ad-hoc projects, as needed

Required Qualifications, Capabilities, and Skills:
  • BA/BS degree in a quantitative discipline
  • Typically a minimum of 6+ years of Commercial / Corporate banking/lending, Asset Based Lending (ABL), or Structured Finance experience including credit, structuring, and marketing
  • Completion of a major corporate bank credit/analyst training program or equivalent experience
  • Excellent verbal and written communication skills
  • Outstanding organizational and project management skills to balance portfolio management and deal execution responsibilities
  • Demonstrated interpersonal skills to collaborate with teammates, bankers, product partners, senior management, and clients
  • Strong work ethic with an ability to meet deadlines while multi-tasking

Preferred Qualifications, Capabilities, and Skills:
  • Strong credit, documentation, and transaction experience a plus
  • Excellent Excel, PowerPoint, and financial modeling skills
  • Residential mortgage, specialty finance and/or securitization experience a plus
  • Knowledge of credit, JPMC, and similar bank policies
  • Ability to perform well under pressure in a demanding environment

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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