Top Risk Management Jobs in Chicago, IL

Lead credit strategy and portfolio performance across the full credit lifecycle. Define pricing and underwriting policy, own portfolio KPIs (IRR, cohorts, roll rates), align cross-functionally, and ensure analytics drive risk-adjusted revenue and scalable growth. Influence executive decisions and oversee performance, stress testing, and scenario planning.

The Risk Appetite, Strategic and Reputation Risk Manager leads risk identification, management, and reporting, collaborating with management on strategic priorities and compliance.

Own the operational risk discipline within the enterprise risk program. Responsibilities include designing the operational risk framework, managing loss events, running RCSA assessments, conducting scenario analysis, testing controls, supporting Engineering incident reviews, tracking remediation, and preparing risk reporting for the CRO, Risk Committee, and board.

Own and monitor a consumer lending portfolio; develop and implement underwriting, limit, pre-screen, and risk-tier strategies. Perform hands-on analysis with SQL and Python, run A/B and champion/challenger tests, use internal and third-party data, ensure fair lending governance, and collaborate across stakeholders to translate analysis into business recommendations.

Lead credit risk due diligence and field examinations for specialty lending clients. Supervise and mentor staff, act as subject-matter expert, manage engagement deliverables and budgets, support client development and proposals, ensure quality control, handle billing and realization, recommend internal process improvements, and travel as needed. Requires CPA and strong communication and client management skills.

Lead credit risk analytics for credit card and personal loan portfolios: develop ML-driven credit strategies, monitor portfolio performance, run A/B tests, forecast credit losses and stress tests, ensure regulatory compliance, and partner across Product, Engineering, Legal and Marketing.

The Credit Risk Manager underwrites transactions, mitigates lending risks, and oversees compliance while interacting with clients and preparing reports.

Lead portfolio-level risk oversight for external hedge fund managers, performing manager due diligence, VaR/stress testing, liquidity and capital planning, and risk reporting. Provide forward-looking analytics and portfolio construction advice, identify early warning signals, and support investment decision-making and stakeholder communication.

Lead risk and internal control initiatives, partner with auditors, enhance financial reporting integrity, drive process improvements, and perform audits.

Lead design and execution of audit validation activities for the Risk and Control Enhancement program. Develop testing approaches, run walkthroughs and planning, coach audit teams, manage multiple validations to deliver on time and within budget, challenge control design and report findings to stakeholders.

Lead oversight, monitoring and reporting of operational fraud risk for a designated portfolio. Develops governance, policies, metrics, and controls; advises stakeholders; conducts analysis, audits, and regulatory support; drives change management, data governance, and risk reporting; maintains risk tools and templates (RCSA, SOX); and ensures alignment across internal and external stakeholders to mitigate operational risk.

Lead the firm's counterparty and credit risk function by evaluating clients, counterparties, and credit investments; develop and own a credit risk framework; recommend internal ratings; perform portfolio reviews; and co-lead the Credit Risk Committee presenting analytics and recommendations to senior management.

Own and administer the GRC platform (AuditBoard) and lead operational and audit issue remediation. Run risk assessments (RCSA), map risks to controls, design and validate controls, and track remediation for audit/regulatory findings. Partner with Internal Audit, Compliance, and business stakeholders to report on risk exposure, ensure data integrity, and optimize GRC workflows and governance.

Lead first-line technology and AI risk governance for Commercial Bank lending. Conduct risk assessments of new systems and AI use cases, evaluate and strengthen controls, monitor incidents, support regulatory exams and remediation, and drive automation and operational resilience with stakeholders across business, technology, cybersecurity, and risk functions.

Lead credit strategy for the powersports portfolio by analyzing origination and loan performance data, designing underwriting and pricing strategies, documenting credit policy, monitoring KPIs, validating risk processes, and presenting insights to senior leadership and external partners.

Lead development and execution of credit risk strategies across the credit lifecycle. Analyze portfolio performance, identify risks and opportunities, design and test policy changes with stakeholders, present insights to senior leadership, and drive data-driven optimization to improve risk-adjusted returns and compliance.