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Data Risk Analyst Jobs in Illinois (NOW HIRING)

Conduct advanced data analysis to evaluate risk and identify trends. * Prepare and present detailed risk reports and presentations for senior management. * Collaborate with cross-functional teams to ...

Conduct advanced data analysis to evaluate risk and identify trends. * Prepare and present detailed risk reports and presentations for senior management. * Collaborate with cross-functional teams to ...

FINRA is seeking a Senior Risk Monitoring Analyst to play a pivotal role in safeguarding the ... Intermediate-to-Advanced ability to analyze diverse data sources to assess member firm risks and ...

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Data Risk Analyst information

See Illinois salary details

$32.9K

$80.1K

$131.8K

How much do data risk analyst jobs pay per year?

As of Jun 22, 2026, the average yearly pay for data risk analyst in Illinois is $80,080.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,600.00 and $94,000.00 per year, depending on experience, location, and employer.

What are the typical daily responsibilities of a Data Risk Analyst?

As a Data Risk Analyst, your typical day might involve monitoring data systems for vulnerabilities, conducting risk assessments, analyzing data usage trends, and preparing risk reports for management. You’ll collaborate frequently with IT teams, compliance officers, and business stakeholders to identify potential risks and ensure that risk mitigation strategies are being implemented correctly. Additionally, you may be involved in developing data governance policies and assisting with audits to ensure compliance with industry standards. This role offers a dynamic work environment where adaptability and continuous learning are key.

What does a Data Risk Analyst do?

A Data Risk Analyst identifies, assesses, and mitigates risks related to data security, compliance, and integrity. They analyze data flows, detect vulnerabilities, and ensure regulatory requirements are met. Their role involves working with IT, compliance, and business teams to develop risk management strategies. They also monitor data usage, implement security controls, and provide recommendations to minimize potential threats.

What are the key skills and qualifications needed to thrive in the Data Risk Analyst position, and why are they important?

To thrive as a Data Risk Analyst, you need strong analytical abilities, knowledge of risk assessment frameworks, proficiency in statistics, and a relevant degree in fields like finance, data science, or information security. Experience with data analytics tools (such as SQL, Python, R), risk management software, and certifications like CRISC or CISA is highly valuable. Strong attention to detail, problem-solving capability, and effective communication skills set outstanding candidates apart. These combined skills are essential for identifying, evaluating, and mitigating risk in data-driven environments, ensuring organizational data integrity and regulatory compliance.

Do risk analysts make good money?

Risk analysts, including data risk analysts, typically earn competitive salaries that vary by industry, experience, and location. Entry-level positions may start around $60,000 annually, while experienced professionals can earn over $100,000, especially with certifications like FRM or CFA. The role often involves analyzing data, assessing threats, and using tools such as SQL and Excel, which can influence earning potential.

What are the top 3 skills for a data analyst?

A data risk analyst needs strong analytical skills to interpret complex data, proficiency in data analysis tools like SQL, Excel, or Python, and a solid understanding of data governance and security principles. Effective communication skills are also essential to present findings clearly to stakeholders. Familiarity with data privacy regulations and risk assessment methodologies further enhances their effectiveness.

What does a data risk analyst do?

A data risk analyst evaluates and manages risks related to data security, privacy, and compliance within an organization. They analyze data processes, identify vulnerabilities, and implement controls using tools like data governance frameworks and risk assessment methodologies to protect sensitive information.

Is AI replacing data analysts?

AI tools are automating certain data processing and analysis tasks, but data analysts play a crucial role in interpreting results, making strategic decisions, and ensuring data quality. The role of a Data Risk Analyst involves understanding data risks and applying judgment that AI cannot fully replicate, so AI is seen as a complement rather than a replacement. Developing skills in data management, statistical analysis, and AI tools remains valuable for data analysts.
What are the most commonly searched types of Data Risk Analyst jobs in Illinois? The most popular types of Data Risk Analyst jobs in Illinois are:
What job categories do people searching Data Risk Analyst jobs in Illinois look for? The top searched job categories for Data Risk Analyst jobs in Illinois are:
Enterprise Risk Management Analyst

Enterprise Risk Management Analyst

Ulta Beauty, Inc.

Bolingbrook, IL

$68K - $90K/yr

Full-time

Medical, Dental, Vision, Life, PTO

Posted 2 days ago


Ulta Beauty rating

6.0

Company rating: 6.0 out of 10

Based on 999 frontline employees who took The Breakroom Quiz

12th of 23 rated health and beauty retailers


Job description


OVERVIEW

Realize new levels of autonomy and professional ownership. At Ulta Beauty, our Legal, Risk & Governance team provides clarity and continuity in ways that have made our growth a seamless venture, with keen insights that have opened up new and previously unexplored areas of opportunity. Through superior leadership and work that continually challenges, you’ll have the chance to help set strategic direction through ethical and collaborative thought and practice.

THE IMPACT YOU CAN HAVE 

The ERM Analyst supports the continued advancement of Ulta Beauty’s Enterprise Risk Management (ERM) program by translating risk data into actionable insights that inform decision-making across the organization. This role will immediately leverage existing data to organize, analyze, and enhance risk information, strengthening reporting quality and enabling more proactive risk monitoring.

The role is responsible for building and strengthening ERM data, reporting, and monitoring processes, while supporting governance activities and contributing to the development of scalable, technology-enabled risk reporting and monitoring capabilities.

YOU'LL ACCOMPLISH THESE GOALS BY:

 

Risk Data Management & Analysis 

  • Maintain risk registers, including risk statements, drivers, impacts, mitigations, and ownership ensuring it remains up to date.
  • Collect and analyze risk-related data from business stakeholders and coordinate updates to ensure timely, complete, and accurate inputs.
  • Contributes to the organization and structuring of ERM data to enhance consistency, usability, and reporting quality.
  • Support risk assessments, emerging risk reviews, and workshops by capturing key takeaways, organizing inputs, and helping translate discussions into clear risk insights and documentation.
  • Maintain ERM documentation standards and perform quality checks.

 

Risk Monitoring & Reporting

  • Partner in the development and tracking of Key Risk Indicators (KRIs), determining thresholds and reporting cadence, and leading continuous monitoring efforts.
  • Update and validate risk monitoring datasets and highlight notable trends, changes, and potential areas of concern.
  • Prepare PowerPoint materials, dashboards, and risk summaries that translate risk data into clear, decision-useful insights for leadership and governance forums.
  • Partner with Internal Audit, Legal, Compliance, and other risk and assurance functions to align inputs, reduce duplication, and strengthen reporting consistency.
  • Support the evolution of ERM reporting capabilities, including contributing to data structures, reporting improvements, and future technology or automation initiatives.

ERM Program Operations & Execution 

 

  • Support the execution of ERM processes, including risk assessments, reporting cycles, and governance activities.
  • Manage ERM timelines, deliverables, and reporting calendars to ensure timely and consistent execution.
  • Coordinate with risk owners and stakeholders to gather input and ensure consistency and completeness of information.
  • Support preparation and organization of materials for governance forums.
  • Capture and synthesize key outputs, decisions, and action items from meetings and working sessions.
  • Identify opportunities to improve ERM processes, workflows, and coordination to enhance efficiency and scalability.

THE ESSENTIALS OF SUCCESS

  • Bachelor’s degree in risk management, Finance, Business Administration, Analytics, or related field
  • 2–4 years of experience in Risk Management, Internal Audit, Compliance, Consulting, Finance, Business Analytics, or a related analytical role.
  • Strong proficiency in Microsoft Office Suite, especially Excel and PowerPoint, with the ability to analyze information and produce leadership-ready deliverables.
  • Demonstrated analytical and problem-solving skills, with the ability to synthesize ambiguous inputs into clear risk insights, narratives, and reporting.
  • Excellent organization and prioritization skills; ability to manage multiple deadlines in a fast-paced environment.
  • Ability to work collaboratively with cross-functional teams and support risk discussions with business and assurance partners.
  • Commitment to confidentiality; capable of being trusted with sensitive information.

PREFERRED QUALIFICATIONS

  • Exposure to ERM standards and frameworks, such as COSO and ISO 31000, and familiarity with governance or executive reporting.
  • Experience with dashboards, data visualization tools, or reporting development, or strong interest in building capability in these areas.
  • Familiarity with governance, compliance, audit, or control-related practices that support enterprise risk management.
  • Demonstrated interest in growing within Enterprise Risk Management, including risk monitoring, reporting, and future technology enablement.

The pay range for this position is $68,200.00 - $90,000.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company's bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part-time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta

ABOUT

At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full-service salon in every store featuring—hair, skin, brow, and make-up services.

We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.

Qualifications:

THE ESSENTIALS OF SUCCESS

  • Bachelor’s degree in risk management, Finance, Business Administration, Analytics, or related field
  • 2–4 years of experience in Risk Management, Internal Audit, Compliance, Consulting, Finance, Business Analytics, or a related analytical role.
  • Strong proficiency in Microsoft Office Suite, especially Excel and PowerPoint, with the ability to analyze information and produce leadership-ready deliverables.
  • Demonstrated analytical and problem-solving skills, with the ability to synthesize ambiguous inputs into clear risk insights, narratives, and reporting.
  • Excellent organization and prioritization skills; ability to manage multiple deadlines in a fast-paced environment.
  • Ability to work collaboratively with cross-functional teams and support risk discussions with business and assurance partners.
  • Commitment to confidentiality; capable of being trusted with sensitive information.

PREFERRED QUALIFICATIONS

  • Exposure to ERM standards and frameworks, such as COSO and ISO 31000, and familiarity with governance or executive reporting.
  • Experience with dashboards, data visualization tools, or reporting development, or strong interest in building capability in these areas.
  • Familiarity with governance, compliance, audit, or control-related practices that support enterprise risk management.
  • Demonstrated interest in growing within Enterprise Risk Management, including risk monitoring, reporting, and future technology enablement.
Education:UNAVAILABLEEmployment Type: FULL_TIME

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