How much does a Commodity Risk Manager make in Illinois? As of August 01, 2026, the average salary for a Commodity Risk Manager in Illinois is $118,966 per year, which breaks down to an hourly rate of $57.

However, a Commodity Risk Manager's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $127,322
  • Majority Range (25th-75th percentile): $104,440 to $123,339
  • Entry-Level (10th percentile): $91,214

Key Factors That Influence Commodity Risk Manager Salaries

A Commodity Risk Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Commodity Risk Manager Salaries?

Experience is a primary driver of a Commodity Risk Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $111,108
  • Early Career (1-2 years): $111,941
  • Mid-Level (2-4 years): $113,886
  • Senior-Level (5-8 years): $116,109
  • Expert (over 8 years): $118,175
Job RoleYears of ExperienceAverage Salary
Entry Level Commodity Risk Manager less than 1 year $111,108
Early Career Level Commodity Risk Manager 1-2 years $111,941
Mid-Level Level Commodity Risk Manager 2-4 years $113,886
Senior-Level Level Commodity Risk Manager 5-8 years $116,109
Expert Level Commodity Risk Manager over 8 years $118,175

Top Paying Cities for Commodity Risk Manager

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Effingham: $109,662
  • Saint Peter: $109,512
  • Salem: $109,928

Commodity Risk Manager Salary by Industry: Top Paying Sectors

For Commodity Risk Manager roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Commodity Risk Manager positions in Insurance or Business Services typically offer lower base pay, as these industries often view Commodity Risk Manager as a support function rather than a direct revenue driver.

The top paying industries for a Commodity Risk Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $178,448 $86.0 50%
Edu., Gov't. & Nonprofit $142,759 $69.0 20%

Commodity Risk Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commodity Risk Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$104,440
Average $118,966/year
$123,339
$8,703
Average $9,914/month
$10,278
$2,008
Average $2,288/week
$2,372
$50
Average $57/hour
$59
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $123,339 $10,278 $2,372 $59
Average $118,966 $9,914 $2,288 $57
25th Percentile $104,440 $8,703 $2,008 $50

Find Your Next Commodity Risk Manager Job

Ready to take the next step in your career? Browse thousands of current Commodity Risk Manager job openings on our job board. Use the search bar below to find your perfect match.

  • DV Trading | Chicago, IL

    DV Trading | Chicago, IL

    Job Description. Job Description. About Us. Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more t... more

    6 Days Ago

  • Endeavor Health | Chicago, IL

    Endeavor Health | Chicago, IL

    Hourly Pay Range. $42.54 - $65.94 - The hourly pay rate offered is determined by a candidate's expertise and years of experience, among other factors. Posi... more

    6 Days Ago

  • United Community Bank | Chatham, IL

    United Community Bank | Chatham, IL

    Job Description. Job Description. United Community Bank is looking for an Enterprise Risk & Training Manager. This position will help the Chief Risk Office... more

    9 Days Ago

  • AON | Chicago, IL

    AON | Chicago, IL

    Account Manager. NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the WORK180 employer endorse... more

    7 Days Ago

  • Paylocity | Schaumburg, IL

    Paylocity | Schaumburg, IL

    Job Description. Job Description. Description. Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most c... more

    5 Days Ago

  • BMO Financial | Chicago, IL

    BMO Financial | Chicago, IL

    Application Deadline:07/23/2026 Address:320 S Canal Street Job Family Group:Data Analytics & Reporting The Data Scientist / Portfolio Risk Manager provides... more

    6 Days Ago

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