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Climate Risk Jobs in Chicago, IL (NOW HIRING)

Support the integration of climate science and emerging research into catastrophe risk modeling and analytics. * Collaborate with internal teams (underwriting, actuarial, reinsurance, risk, and data ...

Support integration of climate science and emerging research into catastrophe risk analytics. * Collaborate with internal stakeholders (underwriting, actuarial, reinsurance, risk, and data science ...

Support integration of climate science and emerging research into catastrophe risk analytics. * Collaborate with internal stakeholders (underwriting, actuarial, reinsurance, risk, and data science ...

Collaborate with the Health Department and community organizations to regularly review and update the community climate risk and vulnerability assessment. * Coordinate the implementation of the ...

Climate Team Officer

Chicago, IL ยท On-site

$16.50 - $19.50/hr

Climate Team Officers are responsible for the overall safety and security of the school. The ... safety risk * Fulfill duties associated with the post assigned as part of the school ...

Climate Team Officer

Chicago, IL ยท On-site

$16.50 - $19.50/hr

Climate Team Officers are responsible for the overall safety and security of the school. The ... safety risk * Fulfill duties associated with the post assigned as part of the school ...

Climate Team Officer

Chicago, IL ยท On-site

$16.50 - $19.50/hr

Climate Team Officers are responsible for the overall safety and security of the school. The ... safety risk * Fulfill duties associated with the post assigned as part of the school ...

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Climate Risk information

See Chicago, IL salary details

$14

$31

$76

How much do climate risk jobs pay per hour?

As of Jul 16, 2026, the average hourly pay for climate risk in Chicago, IL is $31.25, according to ZipRecruiter salary data. Most workers in this role earn between $20.05 and $39.86 per hour, depending on experience, location, and employer.

What are some common challenges faced by professionals in climate risk roles, and how can they overcome them?

Professionals in climate risk roles often encounter the challenge of integrating complex climate data with traditional risk management frameworks. Additionally, keeping up with rapidly evolving regulatory requirements and scientific advancements can be demanding. To overcome these challenges, it's important to collaborate closely with data scientists, policy experts, and business units, as well as to engage in continuous learning through industry workshops and certifications. Building strong communication skills is also essential for translating technical findings into actionable insights for stakeholders.

What are the key skills and qualifications needed to thrive as a Climate Risk Analyst, and why are they important?

To thrive as a Climate Risk Analyst, you need strong analytical skills, expertise in environmental science or finance, and experience with risk assessment methodologies, typically supported by a relevant degree. Familiarity with climate modeling tools, GIS software, and regulatory frameworks such as TCFD or ISO standards is often required. Excellent communication, critical thinking, and collaboration skills help you present complex findings and influence decision-making. These competencies are crucial for effectively identifying, evaluating, and mitigating the financial impacts of climate change on organizations.

What is climate risk and what does a climate risk professional do?

Climate risk refers to the potential negative impacts of climate change on economies, businesses, and society. A climate risk professional assesses, manages, and mitigates these risks by analyzing data, forecasting scenarios, and advising organizations on strategies to adapt to or reduce exposure to climate-related threats. Their work often involves evaluating regulatory requirements, working with sustainability teams, and ensuring that climate considerations are integrated into business decision-making. They play a crucial role in helping organizations prepare for and respond to risks from extreme weather events, regulatory changes, and shifting market expectations related to climate change.
What are the most commonly searched types of Climate Risk jobs in Chicago, IL? The most popular types of Climate Risk jobs in Chicago, IL are:
What are popular job titles related to Climate Risk jobs in Chicago, IL? For Climate Risk jobs in Chicago, IL, the most frequently searched job titles are:
Infographic showing various Climate Risk job openings in Chicago, IL as of July 2026, with employment types broken down into 81% Full Time, 17% Part Time, 1% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $65,002 per year, or $31.3 per hour.
Sr. Risk Analyst, Credit

Sr. Risk Analyst, Credit

Federal Home Loan Bank of Chicago

Chicago, IL โ€ข On-site

$110K - $115K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 9 days ago


Job description

At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.
  • Collaborative, in-office operating model

  • Retirement program (401k and Pension)

  • Medical, dental and vision insurance

  • Lifestyle Spending Account

  • Competitive PTO plan

  • 11 paid holidays per year

Responsibilities
  • Operate and maintain credit risk models for mortgage loan portfolios
  • Lead the development and implementation of alternative credit risk strategies
  • Build algorithmic solutions and design strategies for model assumption setting and performance monitoring
  • Conduct scenario analysis and stress testing to assess portfolio risks under macroeconomic and climate risk scenarios
  • Research risk management frameworks to assess environmental and regulatory risk drivers on mortgage portfolios in accordance with regulatory requirements and industry best practices and report to senior management
  • Perform credit reviews for member institutions based on financial performance and credit worthiness
  • Collaborate with validators, auditors and regulators to improve model accuracy and ensure regulatory compliance
  • Optimize business processes through the use of data management and programing tools
  • Research, diagnoses and identify solutions to issues on data anomalies and portfolio performance and create dashboards for senior management and risk committees
  • Support business on MPF product design with business analytics

Position Requirements
  • Master's degree in Mathematics, Finance, Quantitative Finance or related field and 2 years of related experience, or, a Bachelor's degree in Mathematics, Finance, Quantitative Finance or related field and 4 years of related experience
  • Any amount of experience operating and maintaining credit risk models for mortgage loan portfolios
  • Any amount of experience building algorithmic solutions and design strategies for model assumption setting and performance monitoring
  • Any amount of experience conducting scenario analysis and stress testing to assess portfolio risks under macroeconomic and climate risk scenarios
  • Any amount of experience conducting business analysis using statistics methodology and tools of aggregated data from databases via SQL

Must live within normal commuting distance of worksite. Remote work allowed up to 50 days per year.
Salary range $110,150 to $115,000
Salary Range:
$90,400.00 - $150,700.00
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc