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Business Risk Analyst Jobs in Illinois (NOW HIRING)

Alliant

Principal Credit Risk Analyst

Chicago, IL · On-site

$119K - $204K/yr

... of the risk-return trade-off across consumer lending portfolios such as credit cards, personal ... limited to business line managers, finance, compliance. Drive the development of analytical ...

Electrosoft

Cyber Security Risk Analyst

Belleville, IL · On-site

$115K - $125K/yr

... Risk Analyst Work Location: Required onsite work at the client location at Scott Air Force Base ... Knowledge of business intelligence visualization tools * Excellent communication, collaboration ...

Wintrust

Risk Management Analyst

Northbrook, IL · On-site

$20.19 - $26/hr

The Risk Analyst is responsible gathering and analyzing information in order to underwrite a variety of external business units within the company's portfolio. The Risk Analyst is also responsible ...

Wintrust

Risk Management Analyst

Northbrook, IL

The Risk Analyst is responsible gathering and analyzing information in order to underwrite a variety of external business units within the company's portfolio. The Risk Analyst is also responsible ...

Wintrust

Senior IT Risk Analyst

Rosemont, IL · Hybrid

$98K - $110K/yr

Our people are the heart of our business and we are proud to rank consistently as a top place to ... Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership ...

Wintrust

Senior IT Risk Analyst

Rosemont, IL · On-site

$98K - $110K/yr

Our people are the heart of our business and we are proud to rank consistently as a top place to ... Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership ...

Fox Rothschild

Risk Mitigation Analyst

Chicago, IL

The Analyst reports to the Risk Mitigation Research Manager and works collaboratively with ... Experience supporting lateral-hire due diligence, new-business intake, conflicts, or international ...

New

IMC

Experienced Risk Manager

Chicago, IL

... data analysis, risk analytics, or automation * Working knowledge of SQL is preferred * Ability to communicate complex quantitative concepts to traders, engineers, and business stakeholders

CME Group

Risk Mgmt Policy Analyst

Chicago, IL · On-site

$81K - $135K/yr

... changes and new business plans. * Lead the effort to keep CME Clearing's senior management ... The Risk Management Policy Analyst will work across groups to evaluate requirements and assess the ...

CME Group

Risk Mgmt Policy Analyst

Chicago, IL · On-site

$81K - $135K/yr

... changes and new business plans. * Lead the effort to keep CME Clearing's senior management ... The Risk Management Policy Analyst will work across groups to evaluate requirements and assess the ...

3M HEALTHCARE

Senior Financial Risk Analyst

Chicago, IL · On-site

$111K - $130K/yr

... business. This role suits those with a bias towards action and impact, who believe in end to end ... analytics, risk management, or a comparable analytical role Strong quantitative and ...

Citizens

Risk Transformation & Delivery Analyst

Chicago, IL · Hybrid

$94K - $134K/yr

Bachelor's degree in Finance, Business, Economics, Risk Management, or a related field. * 3-6 years ... Strong analytical, organizational, and problemsolving skills. * Exceptional written and verbal ...

Citizens

Risk Transformation & Delivery Analyst

Chicago, IL · Hybrid

$94K - $134K/yr

Bachelor's degree in Finance, Business, Economics, Risk Management, or a related field. * 3-6 years ... Strong analytical, organizational, and problemsolving skills. * Exceptional written and verbal ...

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All JobsBusiness Risk Analyst JobsBusiness Risk Analyst Jobs in Illinois

Business Risk Analyst information

See Illinois salary details

$17

$41

$77

How much do business risk analyst jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for business risk analyst in Illinois is $41.97, according to ZipRecruiter salary data. Most workers in this role earn between $30.53 and $51.49 per hour, depending on experience, location, and employer.

What are some common challenges a business risk analyst faces when assessing risks across multiple departments?

A Business Risk Analyst often encounters the challenge of gathering consistent and comprehensive data from various departments, each with its own processes and risk perspectives. Coordinating across teams to identify, quantify, and prioritize risks requires strong communication and negotiation skills. Additionally, ensuring that risk mitigation strategies are both practical and aligned with organizational goals can be complex, especially in rapidly changing business environments. Frequent collaboration and adaptability are key to overcoming these challenges and ensuring effective risk management.

What is the difference between Business Risk Analyst vs Credit Analyst?

AspectBusiness Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CRMBachelor's degree in finance, accounting, or related; certifications like CFA or credit-specific courses
Work EnvironmentCorporate offices, consulting firms, financial institutionsBanks, lending institutions, financial services
Employer & Industry UsageUsed across industries to assess overall business risksPrimarily in banking and lending sectors to evaluate creditworthiness

The main difference is that Business Risk Analysts focus on assessing overall risks facing a business, including market, operational, and strategic risks, while Credit Analysts specifically evaluate the creditworthiness of individuals or companies to determine loan eligibility. Both roles require similar financial knowledge and certifications but serve different purposes within financial and business risk management.

What is a business risk analyst?

A Business Risk Analyst is a professional who identifies, assesses, and helps manage risks that could affect a company's financial health or operations. They analyze data, industry trends, and internal processes to pinpoint potential threats and recommend strategies to mitigate them. Their work helps organizations make informed decisions, comply with regulations, and safeguard assets against potential losses. Business Risk Analysts often collaborate with various departments to ensure comprehensive risk management across the business.

How much do business risk analysts get paid?

Business risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn over $100,000 annually.

Do business risk analysts make good money?

Business risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Professionals with certifications like CRC or FRM and strong analytical skills can often command higher salaries, especially in financial or consulting sectors.

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

To thrive as a Business Risk Analyst, you need strong analytical skills, a solid understanding of risk management principles, and typically a degree in finance, business, or a related field. Familiarity with risk assessment software, data analysis tools like Excel or SQL, and relevant certifications such as FRM or CRM are commonly required. Excellent problem-solving abilities, attention to detail, and effective communication help you stand out in this role. These skills and qualities are essential for accurately identifying, assessing, and mitigating risks to support sound business decision-making.
What are popular job titles related to Business Risk Analyst jobs in Illinois? For Business Risk Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Business Risk Analyst jobs in Illinois look for? The top searched job categories for Business Risk Analyst jobs in Illinois are:
What are popular job titles related to Business Risk Analyst jobs in IL? For Business Risk Analyst jobs in IL, the most frequently searched job titles are:
Business Risk Analyst jobs near you
Infographic showing various Business Risk Analyst job openings in Illinois as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $87,289 per year, or $42 per hour.

Cyber Security Risk Analyst

Electrosoft

Belleville, IL

Full-time

Re-posted 8 days ago

Job description

Cyber Security Risk Analyst
 
Work Location:
Required onsite work at the client location at Scott Air Force Base, Illinois with situational telework only
 
Job description
Electrosoft Inc. is seeking a Cyber Security Risk Analyst (CSRA) who can help support the creation and visualization of metrics to support decisions and reduce threats across the Enterprise. The ideal candidate will provide expertise with the implementation of "Metrics that Matter" to assist the client in meeting the requirements to address Risk Management Framework (RMF) and Vulnerability Management to on-premises and Cloud networks.  Additionally, they will assist in integrating systems and data while securing the environment against evolving Cybersecurity threats and modernizing to achieve mission success. 
 
Duties & Responsibilities:
The CSRA will assist in design of innovative solutions and services to support our team and customer in improving our collection and visualization of metrics to support Vulnerability Management (VM), Risk Management Framework (RMF) and to address various Cyber Security Service Provider Inspection requirements to improve the overall risk assessment, better understand performance, improve situational awareness and facilitate the enhanced cyber security posture.  Ultimately providing for potential interoperability between current systems and ensuring timely decision making based on near real-time data availability through data analytics and product development.   Additionally, the CSRA shall utilize skills in DoD computing, networking/transmission, cybersecurity policy, and data analytics to:
  • Develop meaningful and actionable metrics, to include Key Performance Indicators (KPI) and Key Risk Indicators (KRI), as directed by the Government
  • Integrate metrics with cyber readiness framework
  • Analyze and define data requirements and specifications
  • Develop data model(s), integrations, and analytics to enhance cyber readiness assessment and to enable decision support
  • Conduct queries to analyze data sets
  • Conduct trend analysis to identify systemic security issues by analyzing vulnerability and configuration data
  • Analyze future eMASS changes, to include the altering or addition of new data elements and advise product stakeholders, propose solutions, and initiate preventative or corrective action as determined by the stakeholders.
  • Monitor health of daily ingests, advise stakeholders when ingest operations are degraded, and propose corrective actions during periods of ingest degradation or failure.
  • Perform Extract, Transform, and Load (ETL) Operations
  • Accomplish data ingestion, processing, distribution, and visualization
  • Develop and maintain analytics code repository (Python and SQL) and data visualization programs (Qlik)
  • Deploy analytics workloads using Databricks
Basic Qualifications:
  • At least 5 years of experience in cybersecurity, information technology, Software Development or related field.
  • Know Python, SQL, basic HTML/CSS
  • Familiarity with DoD Vulnerability Management (VM) and Risk Management Framework (RMF)
  • Knowledge of business intelligence visualization tools 
  • Excellent communication, collaboration, and problem-solving skills.
  • Ability to work independently and as part of a team.
  • Data analytics is preferred in Advana or Qlik, however a general familiarity with R or Python analytics (ex; spark, pandas)
  • Minimum of a Bachelor of Science (or higher) in one of the following: computer engineering, computer science, IT, cyber security, or a related field.
  • Relevant years of experience may be used in substitution for situations where the candidate does not have a Bachelor's degree in the required field.
  • Must have 8140 compliant certification (e.g. GCFA, GCIA, CySA+, GICSP, CFR )
  • Minimum of an active Secret Clearance.

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