Top Risk Management Jobs in Chicago, IL

Leads TransUnion’s global SOX compliance program, overseeing controls testing, scoping, risk assessments, remediation, audit coordination, and continuous improvement. Partners with finance and business leaders to strengthen controls, manage deficiencies, and improve compliance through automation and analytics. The role also leads and develops global teams, coordinates with external auditors, and drives timely program execution across complex organizational processes.

Manage intraday and end-of-day risk exposures, margin requirements, stress-testing methodologies, and risk limits for active trading clients across equities, options, and international markets. Engage directly with professional traders, conduct account reviews, support onboarding, execute liquidation trades when needed, develop risk reporting, and collaborate with technology, product, and operations teams to enhance risk infrastructure and policies.

Leads international regulatory risk operations for a global payments network. Responsibilities include managing regulatory reporting, audits, examinations, change management, market entry and exit activities, regulatory engagement models, controls, cross-functional alignment, and translating regulatory requirements into scalable business and technology solutions. The role partners with business, product, and technology teams to support compliant global expansion and improve risk management capabilities.

Manages international regulatory risk operations for a global payments network. Responsibilities include regulatory reporting, global audits and exams, post-exam control enhancements, regulatory change management, market entry and exit support, centralized regulatory engagement, and cross-functional coordination with business, product, and technology teams.

Leads enterprise financial crimes risk management initiatives focused on anti-money laundering, sanctions, and compliance. Responsibilities include analyzing current-state capabilities, benchmarking risk frameworks, developing policies and procedures, enhancing risk tools and processes, preparing presentations, and collaborating with compliance, legal, technology, audit, regulatory, and business stakeholders. The role requires leading cross-functional projects, advising executives, and identifying and mitigating organizational risks.

Lead high-profile financial crimes risk management projects involving anti-money laundering, sanctions, and enterprise risk frameworks. Analyze current capabilities, benchmark best practices, develop policies and procedures, enhance risk tools and processes, and create supporting presentations. Collaborate with compliance, legal, technology, audit, regulatory, and business teams while partnering with executives to identify and mitigate organizational risks.

Manage data-adjacent risks across Global Payment Networks, including data sharing, privacy, governance, regulatory, and control risks. Analyze current-state risk capabilities, benchmark industry practices, develop policies and procedures, and create risk-management processes, tools, and controls. Lead cross-functional collaboration with risk, compliance, technology, audit, regulatory, and business teams to mitigate risks and improve governance. The role requires financial services risk management and project management experience.

Lead consumer credit risk strategy and manage analysts evaluating lending portfolios. Develop underwriting guidelines, credit policies, and risk oversight processes; monitor delinquency, charge-offs, approvals, and risk-adjusted returns. Support new product evaluations, analyze portfolio performance, generate reporting using SQL, Excel, and Power BI, and recommend risk-return improvements. Partner with lending, audit, regulatory, and second-line risk teams while hiring, coaching, and developing staff.

Manages second-line oversight of network participant and operational risks within Capital One’s Global Payments Network. Responsibilities include developing testing and monitoring strategies, analyzing data, challenging first-line risk decisions, validating controls, documenting findings, identifying trends, and supporting remediation plans. The role also contributes to risk policies, issue and event analysis, stakeholder collaboration, and executive guidance across risk management functions.

Develop and govern derivatives valuation, portfolio margin, stress-testing, default-management, and financial risk models for a derivatives clearinghouse. Create model governance, monitoring, validation, and regulatory documentation; design data pipelines and technical specifications; collaborate with developers on deployment, QA, business continuity, and model implementation. Communicate model assumptions, performance, and limitations to senior management, regulators, auditors, and risk committees.

Manage clearing member onboarding, financial and operational risk reviews, exposure monitoring, margin validation, default management exercises, enterprise risk assessments, control testing, and regulatory coordination. The role evaluates financial institutions, maintains Python-based margin validation processes, reviews filings and risk exposures, supports CFTC and SEC examinations, and prepares recommendations for senior management, risk committees, and boards.

Provides independent credit risk oversight for Bank of America's U.S. and EMEA Real Estate Structured Finance portfolio. Reviews and approves complex financing transactions, guides structuring, evaluates portfolio and market risks, monitors asset quality, ensures regulatory and policy compliance, and exercises lending authority. The role partners with business and risk stakeholders, supports CMBS and SASB securitization activities, leads strategic and regulatory initiatives, presents portfolio analysis to senior leadership, and mentors credit risk professionals.

Lead enterprise risk management and change governance initiatives across Capital One. Advise stakeholders on risk assessment methodology, resolve complex governance issues, monitor user support channels, analyze metrics and quality findings, coordinate post-implementation reviews, and maintain effective-challenge documentation. Oversee agentic AI risk controls by reviewing AI classifications, evaluating risk logic, monitoring effectiveness, and tracking remediation. Lead cross-functional teams and partner with executives and methodology owners to strengthen risk processes.

Manages independent credit risk oversight and decisioning for complex criticized and distressed commercial exposures. Evaluates credit requests, risk ratings, reserves, collateral, repayment capacity, restructuring strategies, and asset quality impacts. Partners with workout teams, executives, Finance, and risk stakeholders on forecasting, reporting, governance, regulatory interpretations, audits, and Shared National Credit Reviews. Enhances problem-loan policies, provides regulatory training, and communicates credit decisions and portfolio changes to senior management.

Leads complex risk management projects and resolution efforts, identifies and analyzes operational and asset risks, develops mitigation and compliance strategies, evaluates business trends, and drives global process improvements through project management and stakeholder engagement.

Own post-underwriting risk management across live merchant portfolios. Monitor transaction activity, fraud, chargebacks, disputes, refunds, and processing trends; investigate unusual patterns; recommend reserves, holds, limits, monitoring, and remediation; and provide data-driven recommendations to Payments leadership. Improve risk alerts, workflows, dashboards, and automation while collaborating with underwriting, compliance, product, engineering, operations, and client success.

Develop and execute credit risk strategies for consumer loan portfolios, analyzing bureau, cash flow, and behavioral data to improve losses, receivables, and revenue. Build datasets, dashboards, and monitoring infrastructure using SQL and analytical tools; forecast strategy impacts; support regulatory reviews, audits, and board reporting; ensure policy compliance; communicate underwriting changes; and lead independent analyses and projects. May supervise associates.

Manage and execute Global Third-Party Risk Management programs, provide training and documentation, support audits and regulatory readiness, investigate 2LOD challenges, and collaborate with stakeholders to ensure third-party risks are identified, assessed, mitigated, and reported within risk appetite.

Leads enterprise risk management across Energy & Resources projects in North America. Oversees Project Risk Review governance, audits, risk mitigation, claims trend analysis, commercial planning, and high-risk project assessments. Develops risk tools, procedures, training, and best practices while advising senior project and commercial leaders. Supervises the E&R Risk Manager, promotes risk awareness and safety culture, and supports pursuit teams in identifying financial and reputational exposures.

Manages credit risk due diligence and field examinations for specialty lending, securitization, asset-based lending, and related financial transactions. Supervises and develops staff, reviews engagement deliverables, ensures quality control, manages client relationships and budgets, supports business development, and advises clients on industry trends and solutions. Requires CPA certification, public accounting or related experience, supervisory experience, and travel based on client needs.

Leads the high-risk customer review team conducting enhanced due diligence under BSA/AML requirements. Manages analysts, workload planning, performance metrics, quality control, escalations, process improvements, audit and exam support, and reporting. Partners with business units to assess customer risk, investigate financial crime red flags, and support appropriate referrals. Requires five or more years of BSA/AML compliance experience, high-risk customer EDD expertise, people leadership, and a bachelor’s degree.

Provides second-line oversight of Finance operational risk, controls, governance, regulatory compliance, and remediation. Advises senior leaders, evaluates emerging risks, interprets regulations, manages risk frameworks and reporting, supports audits and examinations, and leads strategic initiatives, change programs, governance meetings, attestations, and regulatory sign-offs. The role requires expert operational risk, regulatory, quantitative, communication, analytical, and stakeholder-influence skills.

Leads quantitative model risk analysis for loan loss forecasting and allowance for credit losses. Develops alternative statistical, econometric, and machine learning models; evaluates model design, risks, and performance; and communicates validation results to management, regulators, and technical teams. Responsibilities include model improvement, large-dataset analysis, documentation, presentations, and collaboration with model development teams using Agile methodologies. The role may also involve people management and applying advanced analytical tools.

Build and operate Alpaca’s liquidity risk infrastructure, including daily and intraday liquidity reporting, data pipelines, monitoring, alerting, controls, and stress testing. Develop deterministic and Monte Carlo liquidity models, support SEC and FINRA reporting, assess funding and settlement risks, and provide analysis for Treasury, Risk, regulatory, and management stakeholders. Partner cross-functionally on new products, margin systems, governance, and risk controls.

Lead third-party risk insights for the CIB Controls team by analyzing vendor risk data, producing executive governance materials, identifying themes and emerging risks, supporting remediation prioritization, maintaining KRIs/KPIs and dashboards, performing quality checks, and coordinating with stakeholders across Controls, Procurement, Legal, Compliance, Technology and the business to support risk acceptance decisions.