Information Technology - Program Manager - Financial Services
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Overview
Job Description
Program Manager (Financial Risk & Data Modernization)
Location: Downtown Chicago, ILWork Model: Hybrid – 3 days onsite / 2 days remoteEmployment Type: ContractPay Rate: $70–$75/hour
Position Overview
We are seeking an experienced Program Manager to lead multiple strategic initiatives within financial risk, regulatory reporting, and data modernization for a leading global financial institution based in downtown Chicago.
This role will oversee complex enterprise programs including modernization of model risk management processes (development, execution, and validation), migration from on-premise platforms to vendor-based SaaS solutions, and transformation initiatives across financial risk and regulatory data environments.
The ideal candidate brings strong leadership experience managing large-scale cross-functional programs in highly regulated environments, with a proven ability to drive delivery on time and within budget.
Key Responsibilities
Lead and manage enterprise-wide programs focused on financial risk, regulatory, and data modernization initiatives.
Drive planning, execution, governance, and successful delivery of multiple concurrent projects.
Partner with executive sponsors, project managers, and cross-functional teams to define scope, milestones, deliverables, timelines, and resource needs.
Prepare and deliver status updates, risks, issues, and key decisions to Steering Committee stakeholders.
Develop and manage program budgets, forecasts, and financial tracking.
Coordinate internal teams and third-party vendors to ensure alignment and execution success.
Identify interdependencies, risks, and opportunities across multiple initiatives.
Monitor timelines, issue resolution, and overall project health.
Ensure compliance with regulatory requirements and support audit-related engagements.
Improve processes, strengthen controls, and facilitate effective decision-making.
Required Qualifications
10+ years of experience leading large-scale enterprise programs or initiatives.
Strong background in Financial Risk, Regulatory Reporting, and Data Management.
Proven success managing multiple complex workstreams simultaneously.
Excellent stakeholder management and executive communication skills.
Strong leadership, organization, facilitation, and time management abilities.
Experience managing budgets, forecasts, and resource planning.
Knowledge of change management principles and performance measurement processes.
Ability to lead cross-functional teams in fast-paced environments.
Preferred Qualifications
Experience supporting model risk management modernization initiatives.
Background in SaaS migrations or cloud transformation programs.
Experience within banking or financial services organizations.
Why Apply
High-impact role supporting enterprise transformation initiatives.
Opportunity to work with senior leadership and strategic stakeholders.
Hybrid schedule in downtown Chicago.
Competitive contract pay rate.
Apply today if you have the experience to lead complex risk and modernization programs in a dynamic financial environment.
Automate your job search with Sonara.
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