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Associate Risk Analyst Jobs in Elk Grove Village, IL

Participate in risk assessments, audits, and compliance efforts related to data governance and ... Information Protection Administrator Associate, Security Operations Analyst Associate, or Azure ...

Cyber Risk Analyst W-2 Only (no 1099) Must be a U.S. Citizen Company's Location: Lemont, IL Background: Companys Cyber Security Program Office (CSPO) promotes the safe and secure use of technology.

Conduct comprehensive risk assessments and enterprise risk analysis , identifying exposures and ... ARM (Associate in Risk Management) strongly preferred Skills & Technical Expertise * Expert-level ...

Showing results 21-40

Associate Risk Analyst information

See Elk Grove Village, IL salary details

$15

$39

$64

How much do associate risk analyst jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for associate risk analyst in Elk Grove Village, IL is $39.95, according to ZipRecruiter salary data. Most workers in this role earn between $29.42 and $48.61 per hour, depending on experience, location, and employer.

What does an associate risk analyst do?

An Associate Risk Analyst helps organizations identify, assess, and manage potential risks that could affect their operations or financial stability. Their daily tasks often include analyzing data, preparing risk reports, evaluating risk management policies, and supporting senior analysts in developing strategies to mitigate potential threats. They typically work in industries such as finance, insurance, or consulting, and use various analytical tools to detect and evaluate risks. Strong analytical, communication, and problem-solving skills are important for success in this role.

What are the key skills and qualifications needed to thrive as an associate risk analyst, and why are they important?

To thrive as an Associate Risk Analyst, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field—often supported by a bachelor’s degree. Familiarity with risk assessment software, data analysis tools like Excel or SAS, and knowledge of regulatory frameworks are typically required. Effective communication, problem-solving, and teamwork are vital soft skills that help you convey findings and collaborate across departments. These skills ensure accurate risk evaluation, compliance, and informed decision-making to protect organizational interests.

What are some common challenges an associate risk analyst faces during the first year on the job?

New Associate Risk Analysts often encounter challenges such as adapting to fast-paced environments, understanding complex risk models, and learning to interpret large volumes of data accurately. Balancing multiple projects and meeting deadlines while maintaining attention to detail can also be demanding. Additionally, collaborating effectively with team members from different departments, such as compliance and finance, requires strong communication skills and a willingness to learn from experienced colleagues.

What is the difference between Associate Risk Analyst vs Risk Analyst?

AspectAssociate Risk AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRMBachelor's or master's degree; often holds certifications like FRM, CRM, or CRC
Work EnvironmentEntry-level position in finance, insurance, or banking firms; supervised environmentMore experienced role; involved in complex risk assessments and decision-making
Employer & Industry UsageCommon in banking, insurance, and financial servicesUsed across similar industries, often with more responsibility

The main difference between an Associate Risk Analyst and a Risk Analyst lies in experience and responsibility. The Associate Risk Analyst is an entry-level role focusing on supporting risk assessments, while the Risk Analyst handles more complex analysis and decision-making. Both roles require similar educational backgrounds and certifications, but the Risk Analyst typically has more experience and autonomy in their work.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. Entry-level positions often start around $60,000 annually, with experienced analysts earning over $100,000, especially in finance or insurance sectors. Skills in data analysis, risk assessment, and certifications like FRM or CFA can enhance earning potential.

How much do associate risk analysts get paid?

Associate risk analysts typically earn a median annual salary of around $60,000 to $70,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is risk analyst a hard job?

A risk analyst role involves analyzing data to identify potential risks and developing strategies to mitigate them, which requires strong analytical skills, attention to detail, and proficiency with data analysis tools. The job can be demanding due to the need for accuracy, problem-solving, and often working under tight deadlines, but it is manageable with proper training and experience.

What are the most commonly searched types of Risk Analyst jobs in Elk Grove Village, IL?

The most popular types of Risk Analyst jobs in Elk Grove Village, IL are:

What are popular job titles related to Associate Risk Analyst jobs in Elk Grove Village, IL?

For Associate Risk Analyst jobs in Elk Grove Village, IL, the most frequently searched job titles are:

What job categories do people searching Associate Risk Analyst jobs in Elk Grove Village, IL look for?

The top searched job categories for Associate Risk Analyst jobs in Elk Grove Village, IL are:

What cities near Elk Grove Village, IL are hiring for Associate Risk Analyst jobs?

Cities near Elk Grove Village, IL with the most Associate Risk Analyst job openings:

Infographic showing various Associate Risk Analyst job openings in Elk Grove Village, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 73% In-person, and 27% Remote job distribution, with an average salary of $83,087 per year, or $39.9 per hour.

DLP Senior Analyst - Purview

Sidley

Chicago, IL • On-site

Full-time

Posted 11 days ago


Key responsibilities

  • Design, configure, and maintain Microsoft Purview solutions for data classification, labeling, retention, and compliance.

  • Implement and manage data security controls, including Data Loss Prevention, Insider Risk Management, and eDiscovery workflows.

  • Monitor and respond to Purview compliance alerts, investigating potential risks and recommending remediation.


Job description

The DLP Senior Analyst - Purview is primarily responsible for designing, implementing, and managing the Firm's data governance, compliance, and information protection solutions using Microsoft Purview. This individual will ensure that sensitive Client and Firm data is appropriately classified, labeled, monitored, and secured in alignment with regulatory requirements, contractual obligations, and Firm-specific policies. The Senior Analyst acts as a subject matter expert, collaborating with cross-functional teams - including our Applications Team, Records Management, Data and AI Team as well as Risk and Privacy -to establish robust data protection, lifecycle management, and eDiscovery processes. This role will also participate in incident response activities involving data loss prevention, insider risk, and compliance alerts, ensuring timely investigation, containment, and remediation. In addition, the Senior Microsoft Purview Engineer will contribute to the Firm's overall Data Security and Compliance Strategy, driving the adoption of best practices and advanced capabilities within the Microsoft ecosystem.

Duties and Responsibilities:

  • Design, configure, and maintain Microsoft Purview solutions for data classification, labeling, retention, and compliance in alignment with Firm policies and regulatory requirements.

  • Implement and manage data security controls, including Information Protection policies, Data Loss Prevention (DLP), Insider Risk Management, and eDiscovery workflows.

  • Protect sensitive Client and Firm data through classification, labeling, encryption, access governance, and monitoring across Microsoft 365, Azure, and integrated environments.

  • Develop, enforce, and maintain compliance policies, ensuring consistent application of regulatory, contractual, and Firm-specific data protection requirements.

  • Build and optimize automated data governance workflows, enabling lifecycle management, secure data sharing, and defensible disposition of records.

  • Integrate Purview insights and alerts into Security Operations, incident response, and GRC processes to strengthen visibility, detection, and remediation of data-related risks.

  • Collaborate with IT, Security, Legal, and Compliance teams to design policies and processes that balance regulatory obligations, client requirements, and business operations.

  • Create and maintain documentation, standards, and procedures for data classification, retention, compliance reporting, and response to data-related incidents.

  • Monitor and respond to Purview compliance alerts, investigating potential risks such as data leakage, insider threats, or policy violations, and recommending remediation.

  • Participate in risk assessments, audits, and compliance efforts related to data governance and regulatory frameworks (e.g., ISO 27001, GDPR, CCPA, HIPAA).

  • Stay current with emerging data governance technologies, compliance regulations, and best practices, ensuring the Firm continues to mature its use of Microsoft Purview capabilities.

Education and/or Experience:

Required:

  • Bachelor's degree in Computer Science, Information Security, Information Governance, or a related field is required.

  • Minimum of 5 years of experience in security engineering, compliance engineering, or data governance, with a strong focus on Microsoft 365 and Microsoft Purview solutions.

  • Hands-on experience implementing and managing Microsoft Purview capabilities such as Information Protection, Data Loss Prevention (DLP), Insider Risk Management, Records Management, and eDiscovery.

  • Practical knowledge of Microsoft 365 security and compliance tools

  • Strong understanding of data governance principles, regulatory compliance requirements (e.g., GDPR, CCPA, HIPAA, ISO 27001), and information lifecycle management.

  • Demonstrated ability to assess, troubleshoot, and remediate data protection, compliance, and information governance issues in Microsoft 365 environments

Preferred:

  • Relevant Microsoft certifications such as Microsoft Certified: Information Protection Administrator Associate, Security Operations Analyst Associate, or Azure Security Engineer Associate (AZ-500).

  • Advanced security and compliance certifications such as CISSP, CISM, CCSP, or Security+.

  • Experience in the legal, financial services, or other highly regulated industries with strict client data governance and compliance requirements.

  • undefined

  • Hands-on experience with data security and insider risk tools such as Varonis, Digital Guardian, or Cyberhaven

  • undefined

  • Familiarity with SIEM/SOAR platforms for correlating and responding to Purview alerts.

  • undefined

  • Demonstrated ability to support large-scale legal hold, records management, and eDiscovery processes in global organizations.

  • Strong knowledge of regulatory compliance frameworks such as GDPR, CCPA, HIPAA, ISO 27001, and client-driven contractual requirements.

  • Ability to script or automat process and routine functions and tasks

Other Skills and Abilities:

The following will also be required of the successful candidate:

  • Strong organizational skills

  • Strong attention to detail

  • Good judgment and decision-making skills

  • Strong interpersonal and communication skills, both written and verbal

  • Strong analytical and problem-solving skills

  • Ability to work harmoniously and effectively with others

  • Ability to preserve confidentiality and exercise discretion

  • Ability to work under pressure in a fast-paced environment

  • Ability to manage multiple projects with competing deadlines and priorities

#LI-OE1

#LI-Hybrid

The target salary range for this role is:

$98,300 - $135,250 if located in Illinois.

Salaries vary by location and are based on numerous factors, including, but not limited to, the relevant market, skills, experience, and education of the selected candidate. Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be found at Sidley.com/Benefits.

To perform this job successfully, an individual must be able to perform the Duties and Responsibilities above satisfactorily and meet the requirements. The requirements listed above are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. If you need such an accommodation, please email sidleytalentacquisition@sidley.com (current employees should contact Human Resources).

Sidley Austin LLP is an Equal Opportunity Employer.