Operational Risk Manager
Operational Risk Manager Salary in Illinois
$45.5K - $62.5K
6% of jobs
$73.1K is the 25th percentile. Wages below this are outliers.
$62.5K - $79.5K
31% of jobs
The median wage is $95.7K / yr.
$79.5K - $96.4K
14% of jobs
$96.4K - $113.4K
13% of jobs
$113.4K - $130.3K
6% of jobs
$143.9K is the 75th percentile. Wages above this are outliers.
$130.3K - $147.3K
7% of jobs
$147.3K - $164.3K
8% of jobs
$164.3K - $181.2K
5% of jobs
$181.2K - $198.2K
2% of jobs
$198.2K - $215.1K
8% of jobs
$215.1K - $232.1K
0% of jobs
$45.5K
$98.8K
$230.1K
$116,967
/year
$56.23
/hour
Operational Risk Manager Salary Comparison by Location
Nationwide
United States
$120,706
Illinois
Illinois
$116,967
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How much does an Operational Risk Manager make in Illinois?
As of Aug 11, 2026, the average annual pay for an Operational Risk Manager in Illinois is $116,967 a year.
Just in case you need a simple salary calculator, that works out to be approximately $56.23 an hour. This is the equivalent of $2,249/week or $9,747/month.
While ZipRecruiter is seeing salaries as high as $230,143 and as low as $45,544, the majority of Operational Risk Manager salaries currently range between $71,200 (25th percentile) to $154,100 (75th percentile) with top earners (90th percentile) making $201,557 annually in Illinois. The average pay range for an Operational Risk Manager varies greatly (by as much as 82900), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Illinois ranks number 50 out of 50 states nationwide for Operational Risk Manager salaries.
To estimate the most accurate annual salary range for Operational Risk Manager jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
Find your next high paying job as an Operational Risk Manager on ZipRecruiter today.
What are Top 10 Highest Paying Cities for Operational Risk Manager Jobs in Illinois
We've identified 10 cities where the typical salary for an Operational Risk Manager job is above the average in Illinois in Illinois. Topping the list is Riverwoods, , with Chicago, and Deerfield, close behind in the second and third positions. Deerfield, beats the average in Illinois by $5,783 (4.9%), and Riverwoods, furthers that trend with another $8,353 (7.1%) above the $116,967 average.
With these 10 cities paying on average above the average for Illinois, the opportunities for economic advancement by changing locations as an Operational Risk Manager appears to be exceedingly fruitful.
Finally, another factor to consider is the average salary for these top 10 cities varies very little at 3% between Riverwoods, and Arlington Heights, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Operational Risk Manager role.
City | Annual Salary | Hourly Wage |
|---|---|---|
Riverwoods | $125,320 | $60.25 |
Chicago | $124,439 | $59.83 |
Deerfield | $122,750 | $59.01 |
Urbana | $121,483 | $58.41 |
Rolling Meadows | $121,413 | $58.37 |
Roselle | $121,168 | $58.25 |
Addison | $120,931 | $58.14 |
Champaign | $120,882 | $58.12 |
Rockford | $120,805 | $58.08 |
Arlington Heights | $120,717 | $58.04 |
What are Top 5 Best Paying Related Operational Risk Manager Jobs in Illinois
Analyzing similar jobs related to the Operational Risk Manager job category in Illinois, we found 5 that were relevant. However, none pay more than the $116967 state average for Operational Risk Manager jobs.
Job Title | Annual Salary | Hourly Wage |
|---|---|---|
Clinical Project Manager | $122,351 | $58.82 |
It Project Manager Ii | $103,614 | $49.81 |
Deutsche Bank Risk Management | $100,492 | $48.31 |
It Vendor Management | $70,302 | $33.80 |
Construction Bookkeeper | $49,007 | $23.56 |
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
