Operational Risk Consultant Salary in Chicago, IL

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How much does an Operational Risk Consultant make in Chicago, IL? The average Operational Risk Consultant salary in Chicago, IL is $85,038 as of April 24, 2024, but the salary range typically falls between $74,852 and $96,554. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Salary range for a Operational Risk Consultant

$74,852 to $96,554

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Operational Risk Consultant

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Job Openings for Operational Risk Consultant in Chicago, IL

Mining Risk Consultant - Fire and Property

Aon - Los Angeles , CA

Risk Consultant- Director of Property- 100% remote or hybrid Are you ready to begin a new challenge ... Conduct facility risk control surveys for both operational and construction risks * Review loss ...

Latpro - Diversity Jobs - 83 days ago

Sr. Consultant Engineer

FM Global - Brookside , NJ

... operations by drawing upon state-of-the-art loss-prevention engineering and research; risk ... Boiler & machinery consultant engineers will interact with FM Global clients primarily in the ...

SonicJobs US - Today

Cybersecurity Specialist

Risk Mitigation Consulting - 96863 , HI

... Risk Mitigation Consulting (RMC)? We're in search of exceptional Cybersecurity Specialists to ... of Defense (DoD)'s operational technology (OT) environment and ensuring the integrity and ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 5 days ago

RCSA Manager - Business Controls

Heitmeyer Consulting - Phoenix , AZ

Provide operational risk management consultation, training and communications to various business units as needed. Assist in assessing operational risks and controls. * Conduct risk and control self ...

LinkedIn - 11 days ago

Associate Consultant - Compliance Project Manager

Sia Partners - San Francisco , CA

Job Description Sia Partners is looking for a talented Management Consultant to support our Risk ... Plan and execute client engagements focusing Operational Risk, Operational Resilience, Regulatory ...

LinkedIn - 18 days ago

Senior Project Consultant - Microsoft

Arctiq - Irvine , CA

... s methodologies, security, cloud migration and optimization, and customized workflows. Arctiq helps ... Arctiq's solutions help reduce risk and simplify tasks through standardized frameworks, workflow ...

LinkedIn - 10 days ago

What does an Operational Risk Consultant do?

Common responsibilities of an Operational Risk Consultant

Review and credibly challenge front-line plans to address gaps and improve the effectiveness of technology risk management, paying particular attention to trends in financial services and other highly regulated industries.

October 01, 2022

Provide risk opinion, credible challenge on issue and corrective action mitigation/remediation plans and providing advice on mitigation effectiveness and alternative mitigation approaches as well as assisting, coaching, counseling and mentoring stakeholders.

January 01, 2023

Active engagement in key Credit Card risk governance routines inclusive of strategic planning sessions, governance committees and business reviews.

January 29, 2023

Evaluate the adequacy and effectiveness of processes, assurance activities, initiatives, products, policies, procedures and internal controls and identify issues resulting from internal and/or external examinations.

March 05, 2023

Develop tools and processes that assist in fiduciary investment/ trading oversight, mitigation and reporting, while working closely with Legal, Compliance and Regulators to assure strong fiduciary principles are being followed.

March 29, 2023

Build and foster strong relationships and collaborate effectively by partnering with line of business partners to provide a risk perspective and recommendations as appropriate.

April 11, 2023

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Operational Risk Consultant Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Operational Risk Consultant Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Operational Risk Consultant in Chicago, IL

Average Base Salary

Core compensation

74852

96554

85038

Average Total Cash Compensation

Includes base and annual incentives

77798

102772

89268

What is the average salary for Operational Risk Consultant in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Operational Risk Consultant in Chicago, IL. The base salary for Operational Risk Consultant ranges from $74,852 to $96,554 with the average base salary of $85,038. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $77,798 to $102,772 with the average total cash compensation of $89,268.

View Average Salary for Operational Risk Consultant as table

	Average Salary	Average Salary Range
Base Salary	$85,038	$74,852 - $96,554
Bonus	$4,230	$2,946 - $6,217
Total Pay	$89,268	$77,798 - $102,772

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Operational Risk Consultant Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $75,273 - $97,097	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $75,273 - $97,097	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $75,187 - $96,987	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $75,244 - $97,061	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $75,244 - $97,061	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $73,560 - $94,887	COMPARE TO Chicago, IL

See salaries for Operational Risk Consultant in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Operational Risk Consultant 5	LOCATION Chicago, IL	MINIMUM SALARY $89,630	MAXIMUM SALARY $117,858
JOB TITLE Operational Risk Manager	LOCATION Chicago, IL	MINIMUM SALARY $117,000	MAXIMUM SALARY $146,800
JOB TITLE Operational Risk Analyst	LOCATION Chicago, IL	MINIMUM SALARY $59,128	MAXIMUM SALARY $77,225
JOB TITLE Director of Operational Risk	LOCATION Chicago, IL	MINIMUM SALARY $156,097	MAXIMUM SALARY $198,754
JOB TITLE Operational Risk Officer	LOCATION Chicago, IL	MINIMUM SALARY $77,114	MAXIMUM SALARY $100,736
JOB TITLE Head of Operational Risk	LOCATION Chicago, IL	MINIMUM SALARY $200,282	MAXIMUM SALARY $251,810

The Operational Risk Consultant job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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74852

96554

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Operational Risk Consultant Salary in popular cities: Aurora, Rockford, Joliet

Recently searched related titles: Risk Control Specialist, Risk Consulting, Risk Operations Analyst

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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