Private Wealth Portfolio Risk Manager

Chicago, IL, US • Posted 3 days ago • Updated 1 hour ago
Full Time
On-site
USD $100,000.00 - 120,000.00 per year
Fitment

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Job Details

Skills

  • SEP
  • Recruiting
  • Wealth Management
  • Process Control
  • Regulatory Compliance
  • Internal Auditing
  • Reporting
  • Operational Risk
  • Internal Control
  • Business Process
  • Banking
  • Communication
  • Stakeholder Management
  • Leadership
  • Management

Summary

Location: Chicago,Illinois
Expected Start Date: Sep 30, 2026
Salary: $100,000 - $120,000

Swoon is actively hiring a Private Wealth Portfolio Risk Manager to join the team!

What your day-to-day will look like
  • Provide operational risk guidance to Private Wealth Management Operations, advising on risks related to products, services, new systems, and business process changes.
  • Lead risk and control self-assessments (RCSAs) to identify operational risks, evaluate control design and effectiveness, and recommend mitigation plans.
  • Manage operational incidents and issues, assessing business impacts, analyzing operational losses, and coordinating corrective actions.
  • Lead remediation of control deficiencies, partnering with business stakeholders to develop action plans and track resolution.
  • Maintain and improve policies, procedures, and process controls aligned with the bank's established risk framework and regulatory requirements.
  • Partner with business leaders, compliance, and internal audit to address risk concerns, support examinations, and provide evidence of control effectiveness.
  • Prepare executive reporting on risks, controls, incidents, and remediation progress, monitoring key risk indicators and communicating emerging concerns to leadership.


What's Required / Technical Skills
  • 3+ years of Private wealth or private banking experience is required, with knowledge of the products, services, and operational risks within that business.
  • At least 5 years of banking experience, including operational risk management, business controls, or governance and oversight.
  • Experience conducting risk and control self-assessments (RCSAs) and evaluating the design and effectiveness of internal controls.
  • Experience managing operational incidents and risk issues, assessing business impacts and leading remediation of control deficiencies.
  • Ability to assess risks associated with new systems and business process changes and recommend practical mitigation plans.
  • Strong understanding of banking policies, regulatory requirements, and risk frameworks, with experience partnering across the three lines of defense.
  • Strong communication and stakeholder management skills, including the ability to explain complex risks clearly, challenge stakeholders constructively, and present findings to leadership.


What else you should know?

Job Title: Private Wealth Portfolio Risk Manager

Direct Hire Role

Location - Chicago, IL 60606

Hybrid - 3 days a week on-site and 2 days a week at home

Salaried Role - $100,000 - -$120,000


What's Next?

Apply Now!

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Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
  • Dice Id: 10360791
  • Position Id: 101047
  • Posted 3 days ago
Contact the job poster
KJ

Kathryn Jackson

Recruiter @ Swoon Group
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