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Vice President Technology Risk Management Jobs in Chicago, IL

NFP

SVP, Technology M&A

Chicago, IL

Wealthspire is a leading wealth management, retirement advisory, and business management firm ... Develop integration cost estimates, risk assessments, and transition timelines * Partner with ...

Wintrust

VP, IT & IS Oversight

Rosemont, IL

$130K - $175K/yr

... the SVP, IT and IS Risk Oversight. This role works closely with the Technology and Information ... Participate as an independent risk management representative in IT and IS Risk Management ...

Judge Group, Inc.

Vice President of IT

Addison, IL

$250K - $300K/yr

Vice President of IT Location: Addison, IL Employment Type: Full-Time, Direct Hire Industry ... Maintain robust cybersecurity, disaster recovery, and risk management practices. * Monitor and ...

Wintrust

VP, IT & IS Oversight

Rosemont, IL · On-site

$130K - $175K/yr

... the SVP, IT and IS Risk Oversight. This role works closely with the Technology and Information ... Participate as an independent risk management representative in IT and IS Risk Management ...

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Vice President Technology Risk Management information

See Chicago, IL salary details

$44.8K

$162.3K

$285.9K

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

As of May 28, 2026, the average yearly pay for vice president technology risk management in Chicago, IL is $162,281.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,500.00 and $195,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Vice President Technology Risk Management, and why are they important?

To thrive as a Vice President Technology Risk Management, you need deep expertise in IT risk assessment, regulatory compliance, and cybersecurity frameworks, usually supported by a relevant degree and significant leadership experience. Familiarity with risk management tools (such as Archer or MetricStream), common control frameworks (like NIST, ISO 27001), and certifications (such as CISSP, CISM, or CRISC) is highly valuable. Strong leadership, strategic thinking, and effective communication are critical soft skills for managing teams and influencing stakeholders. These competencies are essential to mitigate technology risks, ensure regulatory compliance, and safeguard organizational assets in a constantly evolving threat landscape.

How does a Vice President of Technology Risk Management typically collaborate with other departments to ensure comprehensive risk oversight?

A Vice President of Technology Risk Management works closely with various departments such as IT, compliance, legal, and business units to identify, assess, and mitigate technology-related risks. This collaboration often involves leading cross-functional risk committees, facilitating regular risk assessments, and ensuring that risk management frameworks align with organizational objectives. Effective communication and partnership with stakeholders help ensure that emerging risks are addressed proactively and that risk mitigation strategies are integrated into business processes. This role requires both strategic oversight and hands-on involvement to promote a strong risk-aware culture throughout the organization.

What is a Vice President of Technology Risk Management?

A Vice President of Technology Risk Management is a senior executive responsible for identifying, assessing, and mitigating technology-related risks within an organization. This role oversees the development and implementation of risk management policies, ensures regulatory compliance, and collaborates with IT, cybersecurity, and business units to protect the organization’s digital assets. The VP also leads teams in conducting risk assessments, managing incident responses, and reporting to senior leadership on risk exposure and mitigation strategies.

What is the difference between Vice President Technology Risk Management vs Chief Information Security Officer?

AspectVice President Technology Risk ManagementChief Information Security Officer
Primary FocusOverseeing technology risk policies, compliance, and mitigation strategies across IT systemsLeading cybersecurity strategy, threat management, and security operations
CertificationsRisk management, cybersecurity, or related certifications (e.g., CRISC, CISSP)CISSP, CISM, or equivalent security certifications
Work EnvironmentStrategic risk oversight within IT departments, collaborating with risk and compliance teamsSecurity operations centers, incident response teams, and executive security leadership
Industry UsageCommon in financial, healthcare, and technology sectors

The Vice President Technology Risk Management focuses on identifying and mitigating technology-related risks across the organization, while the Chief Information Security Officer primarily manages cybersecurity threats and security policies. Both roles require risk management certifications and work closely with executive teams, but their core responsibilities differ in scope and focus.

What are the most commonly searched types of Technology Risk Management jobs in Chicago, IL? The most popular types of Technology Risk Management jobs in Chicago, IL are:
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Vice President Technology Risk Management jobs near you

First Vice President, Enterprise Risk Managem

Alero Financial Credit Union

Elgin, IL • On-site

$128.53K - $171.37K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

Job description

Position Title: First VP of Enterprise Risk Management

Reports to: Chief Performance Officer

Grade Level: 17E

Full Salary Range: $128,528.40 - $214,214.00

Hiring Salary Range: $128,528.40 - $171,371.20

Position Summary:

The First Vice President, Enterprise Risk Management (FVP, ERM) is responsible for establishing, maintaining, and overseeing the Credit Union’s enterprise‑wide risk management framework. This role owns the Enterprise Risk Management (ERM) program and provides independent second‑line oversight of compliance, BSA/AML, and fraud risk. The FVP, ERM ensures risks are consistently identified, assessed, monitored, and reported across the organization and are escalated appropriately to executive leadership and the Board. Duties must be accomplished in compliance with federal and state laws and in accordance with the credit union’s policies and procedures and with constant attention to Alero’s creed, vision, mission and goals.


Duties and Responsibilities:

  • Own and administer the Enterprise Risk Management (ERM) framework, including risk taxonomy, methodology, and governance.
  • Maintain the enterprise risk assessment and enterprise risk register.
  • Develop, implement, and monitor the risk appetite statement and associated metrics.
  • Aggregate enterprise risk inputs from Risk and Compliance, BSA/AML, Fraud Risk, IT, Vendor Management, and Operations.
  • Oversee issue management, including regulatory exam findings, audit issues, and remediation tracking.
  • Identify, assess, and escalate strategic, emerging, and cross‑functional risks.
  • Prepare and present consolidated enterprise risk reports to executive leadership and the Board Risk Committee.
  • Provide leadership and oversight to the Vice President, Risk and Compliance; BSA/AML Officer; and Fraud Risk Director.
  • Serve as the primary executive liaison with regulators on enterprise risk matters.
  • Ensure consistent use of the Three Lines of Defense model across the organization.
  • Promote and reinforce a strong risk‑aware culture throughout the Credit Union.
  • Perform all other duties as assigned


Qualifications:

Education and Experience

  • Bachelor’s degree required; Master’s degree or professional certifications preferred (CRCMP, CRMA, CAMS, or similar).
  • 8–12 years of progressive experience in enterprise risk management, compliance, audit, or financial services governance.

Skills and Competencies

  • Strong knowledge of NCUA regulations, FFIEC guidance, and enterprise risk best practices.
  • Demonstrated experience presenting risk information to executive leadership and Boards.

Benefits

  • Health, Vision, Dental Insurance
  • Long-term Disability Insurance
  • Critical Illness
  • Life Insurance
  • 401(k) match
  • Profit sharing
  • PTO
  • Flexible Spending Account
  • Tuition Reimbursement
  • Pet Insurance
  • Commuter Benefit

While performing the duties of this job, the employee is frequently required to sit, view information on a computer screen, and talk or hear. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Telephone conversations may be monitored or recorded for the purposes of training, coaching, feedback and quality assurance on an unannounced basis.