How Much Does a Market Risk Management Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Market Risk Management in Illinois is $130,815. While Salary.com is seeing that Market Risk Management salary in IL can go up to $159,549 or down to $101,826, but most earn between $115,641 and $145,855. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $115,641 10% $101,826 90% $159,549 75% $145,855 $130,815 50%(Median)
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Similar Job Salaries to Market Risk Management by Company

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Company average base salary in (usd) range
Lensa
Sr. Analyst, Risk Management - Market Risk (Remote Consideration)
$86,193/yr
$78,256
$94,131
RANGE: $78,256 - $94,131
BMO Bank N.A.
Manager, Structural Market Risk
$113,462/yr
$103,636
$123,288
RANGE: $103,636 - $123,288
Marex Spectron
Market Risk Manager
$103,110/yr
$93,904
$112,316
RANGE: $93,904 - $112,316
Options Clearing Corporation
Director, Market Risk
$144,721/yr
$131,008
$158,435
RANGE: $131,008 - $158,435
BMO Bank N.A.
Senior Manager, Structural Market Risk
$119,035/yr
$108,521
$129,549
RANGE: $108,521 - $129,549
SimplyApply
Market Director of Risk Management
$134,138/yr
$121,788
$146,487
RANGE: $121,788 - $146,487
Hillcrest Medical Center
Market Director of Risk Management
$134,138/yr
$121,788
$146,487
RANGE: $121,788 - $146,487
Hillcrest Healthcare System
Market Director, Risk Management
$134,138/yr
$121,788
$146,487
RANGE: $121,788 - $146,487
Hillcrest HealthCare System
MARKET DIRECTOR OF RISK MANAGEMENT
$131,912/yr
$119,768
$144,057
RANGE: $119,768 - $144,057
SimplyApply
Market Director, Risk Management
$134,138/yr
$121,788
$146,487
RANGE: $121,788 - $146,487

Open Market Risk Management Jobs in Illinois

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Top 10 Highest Paying Cities For Market Risk Management Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Market Risk Management can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Market Risk Management job salaries in Illinois. Some cities can pay higher salaries for Market Risk Management jobs, which can indicate that there is a large demand for Market Risk Management positions in this city.
The following table shows top 10 cities where the Market Risk Management salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Market Risk Management salary is $132,625 in Chicago, which is higher than the national average. There are 20 cities' Market Risk Management salary higher than national average in Illinois.
The average salary for a Market Risk Management in Illinois is $130,815, but we found that the city with the highest salary for Market Risk Management jobs is Chicago, IL, and it is higher than Cicero. Market Risk Management jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $132,625 $11,052 $2,550 $64
Cicero $132,625 $11,052 $2,550 $64
Oak Park $132,625 $11,052 $2,550 $64
Evanston $132,574 $11,048 $2,549 $64
Skokie $132,574 $11,048 $2,549 $64
Oak Lawn $132,471 $11,039 $2,548 $64
Des Plaines $132,266 $11,022 $2,544 $64
Mount Prospect $132,163 $11,014 $2,542 $64
Aurora $131,598 $10,967 $2,531 $63
Hoffman Estates $131,483 $10,957 $2,529 $63

What Does a Market Risk Management Do?

Market risk is the risk that arises from movements in stock prices, interest rates, exchange rates, and commodity prices.
Updated December 12, 2021
Assessment, design and implementation of Commodity, Energy and Financial Instrument Trading Risk Management Frameworks.
Updated December 22, 2021
The most common types of market risk include interest rate risk, equity risk, commodity risk, and currency risk.
Updated December 18, 2021
Systematic risk, also known as market risk, is the risk that is inherent to the entire market, rather than a particular stock or industry sector.
Updated December 15, 2021
By the end of the Specialization, you will understand how to establish a risk management process using various frameworks and strategies provided throughout the program.
Updated December 14, 2021

Frequently Asked Questions About a Market Risk Management Salaries

What is the average of a Market Risk Management in Illinois?

The Market Risk Management salary range is from $115,641 to $145,855, and the average Market Risk Management salary is $130,815/year in Illinois. The Market Risk Management's salary will change in different locations.

Which location pays the highest Market Risk Management salary in the United States?

The Market Risk Management salary in San Jose, CA is $161,873 which is the highest in the US.

What kinds of reasons will influence the Market Risk Management's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Market Risk Management.

What is the growth rate of the Market Risk Management's salary?

If you are thinking of becoming a Market Risk Management or planning the next step in your career, find the detailed salary report of a Market Risk Management.