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Vice President Risk Management Jobs in Elgin, IL

Gallagher

SVP, Benefits - Captives

Rolling Meadows, IL · On-site

Introduction At Artex, we reimagine what risk management can be and we do it with bold thinking ... The Senior Vice President (SVP), Benefits will lead the development and execution of the Benefits ...

Artex

SVP, Benefits - Captives

Rolling Meadows, IL · On-site +1

$186K - $362K/yr

Introduction At Artex, we reimagine what risk management can be and we do it with bold thinking ... The Senior Vice President (SVP), Benefits will lead the development and execution of the Benefits ...

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All JobsVice President Risk Management JobsVice President Risk Management Jobs in Elgin, IL

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 Aug 16, 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 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 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 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:

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

Vice President Risk Management jobs near you

Vice President, Program Operations

Aspire Chicago

Hillside, IL

$110K - $130K/yr

Full-time

Re-posted 2 days ago

Job description

Description

Interested in this position? View the full position profile and apply HERE.


Lead Operations. Elevate Lives. Drive Impact.

At Aspire, we believe every person deserves the opportunity to live a full, meaningful life. For more than 60 years, Aspire has partnered with adults with intellectual and developmental disabilities to build lives filled with purpose, connection, and possibility.

We are seeking an experienced, strategic, and mission-driven Vice President, Program Operations to lead enterprise-wide program operations and help shape the future of person-centered services across our organization.


This is more than an operations role - it is an opportunity to influence lives, empower teams, strengthen communities, and ensure excellence across a growing, multi-site organization committed to innovation and helping ensure everyone feels included.


Executive Leadership | Operational Excellence | Mission Impact

The Vice President, Program Operations serves as the enterprise leader responsible for the quality, performance, compliance, and operational excellence of Aspire's core service lines, including:

  • Residential Services 
  • Academies 
  • Clinical Services 
  • Nursing Operations 


Reporting directly to the Chief Program Officer, the VP will drive operational rigor, strengthen accountability systems, mitigate organizational risk, and ensure exceptional person-centered experiences across a decentralized, multi-site service delivery model.

This leader will inspire and develop high-performing teams while building scalable systems that support sustainable growth, quality outcomes, regulatory excellence, and financial stewardship.


What You'll Lead

  • Enterprise Program Operations
  • Quality, Compliance & Risk Management 
  • Financial & Performance Leadership 
  • Workforce & Culture Development
  • Strategic & Cross-Functional Partnership

Requirements

What We're Looking For

  • Bachelor's degree or equivalent experience required, Master's preferred
  • 10+ years of progressive leadership experience in complex, multi-site operations 
  • Experience leading large-scale service delivery organizations with operational and financial accountability 
  • Background in regulated environments such as healthcare, behavioral health, I/DD services, or related industries 
  • Proven success improving operational performance, quality outcomes, and organizational sustainability 
  • Strong financial acumen and data-driven decision-making experience 
  • Valid Illinois driver's license with a good driving record 
  • Experience scaling operations, leading organizational growth, mergers/acquisitions, or performance improvement initiatives 


The Leadership Competencies That Matter Here

We are looking for a leader who:

  • Achieves results and drives accountability 
  • Builds strong, collaborative, high-performing teams 
  • Leads through complexity and change 
  • Tackles difficult issues with courage and integrity 
  • Cultivates innovation and operational excellence 
  • Balances strategic vision with disciplined execution 
  • Champions person-centered, mission-driven service delivery 


Why Aspire?

At Aspire, our work changes lives - including the lives of the people who work here.

You'll join a purpose-driven organization where:

  • Mission and impact guide every decision 
  • Innovation and continuous improvement are encouraged 
  • Leaders are empowered to shape the future 
  • Collaboration and compassion matter 
  • Every person is valued, respected, and supported 


If you are a strategic operator, people-centered leader, and systems thinker ready to drive meaningful impact at scale, we invite you to bring your leadership to Aspire.


Interested in this position? View the full position profile and apply HERE. 


Apply