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Vice President Risk Management Jobs in Elgin, IL

... and risk information; further communicate findings and analysis to senior management. Initiate ... Provide SVP and Management with custom management information (MI), including but not limited to ...

The Opportunity The Vice President of Finance will lead the company's financial strategy and oversee accounting operations, financial reporting, budgeting, forecasting, cash management, risk ...

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Vice President Risk Management information

See Elgin, IL salary details

$43K

$155.7K

$274.3K

How much do vice president risk management jobs pay per year?

As of Sep 6, 2026, the average yearly pay for vice president risk management in Elgin, IL is $155,722.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,700.00 and $187,800.00 per year, depending on experience, location, and employer.

What does a vice president risk management do?

A Vice President of Risk Management is responsible for identifying, assessing, and mitigating risks that could impact an organization's financial performance, reputation, or operations. They develop strategies and policies to manage risks related to compliance, financial markets, operations, and industry regulations. Additionally, they often lead teams, collaborate with other executives, and ensure that the company adheres to best practices in risk mitigation. Their work helps protect the organization from potential losses and ensures long-term business stability.

What are some common challenges faced by a vice president risk management and how can they be addressed?

A Vice President of Risk Management often faces the challenge of balancing regulatory compliance with the organization's strategic objectives. Keeping up with evolving regulations, managing cross-departmental communication, and implementing comprehensive risk assessment frameworks are key hurdles. Addressing these challenges requires continuous professional development, fostering a strong risk-aware culture across teams, and leveraging advanced risk management technologies. Successful VPs also prioritize regular collaboration with legal, finance, and operational leaders to ensure risks are identified and mitigated early.

What are the key skills and qualifications needed to thrive as a vice president risk management, and why are they important?

To thrive as a Vice President of Risk Management, you need deep expertise in risk analysis, regulatory compliance, financial modeling, and a relevant degree—often supported by certifications like FRM or CRM. Familiarity with risk assessment software, enterprise risk management (ERM) platforms, and quantitative analysis tools is typically required. Strong leadership, strategic thinking, and excellent communication skills help drive risk culture and collaborate with executive stakeholders. These competencies are crucial to effectively identify, mitigate, and communicate risks, ensuring the organization's resilience and regulatory alignment.

What is the difference between Vice President Risk Management vs Risk Analyst?

AspectVice President Risk ManagementRisk Analyst
CredentialsBachelor's/Master's in Finance, Risk Management, or related fields; certifications like FRM or CRMBachelor's degree in Finance, Economics, or related fields; certifications like FRM are a plus
Work EnvironmentExecutive-level, strategic planning, leadership roles in corporate officesAnalytical, data-driven roles often in offices or financial institutions
Employer & IndustryFinancial institutions, corporations, insurance companiesFinancial firms, banks, insurance companies, consulting firms

The Vice President Risk Management holds a senior leadership role focused on strategic risk oversight, while a Risk Analyst performs detailed risk assessments and data analysis. The VP sets policies and directs teams, whereas the Risk Analyst supports these efforts through analysis and reporting.

What are popular job titles related to Vice President Risk Management jobs in Elgin, IL?

For Vice President Risk Management jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Vice President Risk Management jobs in Elgin, IL look for?

The top searched job categories for Vice President Risk Management jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Vice President Risk Management jobs?

Cities near Elgin, IL with the most Vice President Risk Management job openings:

Vice President, Information Security & Risk

Thresholds-Inc

Chicago, IL • On-site

$155 - $175/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 29 days ago


Key responsibilities

  • Manage the day-to-day information security operations, including security posture monitoring, threat and vulnerability identification, and incident response activities.

  • Support the secure implementation and operation of applications, cloud services, infrastructure, and platforms by incorporating security controls and performing risk reviews.

  • Own the development and enforcement of security policies, standards, and procedures, and lead security awareness and training programs.


Job description

Vice President, Information Security & Risk

Job Category: Vice President

Requisition Number: VICEP008455

  • Posted : August 7, 2026
  • Full-Time
Locations

Showing 1 location

4101 N Ravenswood Ave
Chicago, IL 60613, USA

Description

The Vice President (VP), Information Security & Risk is responsible for leading the execution and continuous improvement of the Thresholds information security and risk management program. The scope of the program is the protection of Thresholds' information and technology assets as well as Thresholds' digital data in the cloud. The VP, Information Security & Risk is accountable for fulfilling the program's protection and compliance requirements while enabling innovation, analytics, and digital transformation in a secure and compliant manner; provides strong technical leadership; and serves as a trusted advisor to the Chief Information Officer and agency leaders in addition to serving as the agency's designated security official.

ESSENTIAL DUTIES & RESPONSIBILITIES:

Security Operations and Execution

  • Manages the day-to-day information security operations, including security posture and event monitoring, threat and vulnerability identification, policy violation, access control and attack surface monitoring, monitoring the effectiveness of email and URL filtering, and incident response activities.
  • Manages the remediation of security issues, policy violation, ineffective rules for access control, attack surface reduction, and email/URL filtering as well as the creation and maintenance of standard operating procedures for security operations.
  • Develops and maintains dashboard(s) of security operations KPI’s for Information Technology (IT/ITS) management review.

Application, Cloud, Digital, Infrastructure and Platform Security

  • Supports secure implementation and operation of applications, cloud services, infrastructure, and platforms (cloud, digital, end-user, and server).
  • Partners with Information Technology Services (ITS) and digital teams to incorporate needed security controls into the design, development, and deployment of Thresholds applications, cloud services, infrastructure, and platforms.
  • Performs and/or coordinates risk reviews of application and digital systems, and their underlying configurations.

Data Security and Privacy

  • Manages the IT Risk Management Program using Thresholds' risk management tool to record and assess identified risks, assign a risk owner, track risk treatment progress in the risk register, and provide risk management reporting to ITS leadership.
  • Leads enterprise, regulatory, service provider, and project IT risk assessments.
  • Supports internal and external audits, regulatory reviews, and customer or partner security inquiries.

Policy, Awareness & Documentation

  • Owns development and enforcement of the Information Security & Risk Management Program's policies, standards, and procedures, as well as the agency's Acceptable Use Policies.
  • Leads or oversees security awareness and training programs for the agency and the ITS staff.
  • Maintains and improves the Incident Response Playbook.

Collaboration and Continuous Improvement

  • Serves as a trusted advisor to business units and project teams on matters related to AI security, application security, information security, network security, AI risk, IT risk, regulatory compliance, emerging threats, social engineering, data classification; promoting security as a mission enabler for Thresholds.
  • Promotes a strong, practical security/risk culture that balances protection with usability and business needs.
  • Influences decisions by clearly articulating risk, tradeoffs, and recommendations.

Program Leadership and Strategy Execution

  • Embeds security by design principles into system implementations, vendor selection, and operational processes.
  • Translates security strategy into actionable roadmaps, initiatives, and measurable outcomes.
  • Stays current on evolving AI and cyber threats, data protection practices, and regulatory requirements.

Vulnerability and Threat Management

  • Manages the Vulnerability Management Program using Thresholds' vulnerability management tools to identify and assess vulnerabilities, assign a vulnerability treatment owner, track vulnerability treatment progress in the vulnerability register, and provide vulnerability management reporting to IT leadership.
  • Reviews threat intelligence to identify potential negative impacting issues and proactively performs remedial actions to block or avoid the threat(s).
  • Provides threat action summaries to ITS leadership.

Team Leadership and Development

  • Directly manages, mentors, and develops security staff; setting performance goals and supporting career growth.
  • Provides technical guidance and decision support to security team members and cross-functional partners.
  • Helps shape workforce planning, resource allocation, and budget inputs for security initiatives.

EDUCATION:

  • Accredited bachelor's degree in information security, Computer Science, Information Systems, or related field (or equivalent experience) required.

EXPERIENCE:

Required

  • Minimum of seven (7) years of progressive experience in information security, cybersecurity, data protection, or IT risk management.
  • Minimum of three (3) years of experience leading teams or major security/risk management programs.
  • Hands-on experience with security operations, incident response, risk assessments, or compliance activities.
  • Working knowledge of security and risk frameworks (e.g., NIST, ISO 27001, CIS Controls), AI security and risk management best practices, regulatory requirements (e.g., HIPAA, PCI DSS), Microsoft security and risk management tools, identity and access management, network access controls, data loss prevention, and SIEM systems.
  • Demonstrated ability to explain security risk and control matter to non-technical audiences.

Preferred

  • Experience supporting cloud environments, SaaS platforms, or digital transformation initiatives.
  • Experience in a mid-sized, non-profit and/or regulated organization.
  • Familiarity with data analytics, and reporting tools.
  • Familiarity with computer forensic techniques.
  • Demonstrated experience partnering with leaders/senior leaders and influencing outcomes.

SKILLS/CERTIFICATIONS

  • Security certifications (e.g. CISSP, CISM, Security+, CCSP)
  • Microsoft certified
  • Demonstrated and effective analytical and problem-solving skills
  • Strong analytical and problem-solving skills
  • Practical, risk-based approach to security
  • Clear interpersonal and communication skills, both written and oral
  • Policy writing
  • Scripting languages, preferably PowerShell
  • Collaboration and relationship management
  • Attention to detail and follow-through
  • High integrity and discretion
  • Demonstrated project management and people management skills
  • Strategic execution and program ownership
  • Demonstrated effective cross-functional collaboration

What Sets Thresholds Apart:

  • Competitive pay - Salary Range: $155,000.00 - 175,000.00 annually
  • Generous PTO (9 federal holidays, 8 days of sick leave, 15-22 days personal and vacation)
  • Dental insurance, vision insurance, choice of 3 medical insurance plans
  • 403(b) retirement plan with 3% employer match
  • Robust employee assistance program (EAP)

Thresholds is a mission-driven agency with a deep commitment to fostering an environment where all feel valued and respected, a place where every employee can be themselves, thrive, and support the agency’s mission.Click here to learn more .

One of the oldest and largest community mental health organizations in Illinois, we pride ourselves in being a Chicago Tribune Top Workplace and one of Chicago's 101 Best & Brightest Companies to Work For, several years in a row.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.

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