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Director Risk Analytics Jobs in Illinois (NOW HIRING)

The Director of Payments & Risk owns that mission end to end: the fraud defense strategy, the AI ... Build and develop the team: hire, coach, and grow risk analysts and scientists, and train them to ...

Data Analytics and Risk Manager - Decatur, IL, Chicago, IL, OR Erlanger, KY Full-Time | Exempt The ... Program Reporting, Investigations & Advisory Support Prepare Board of Directors, Executive ...

Senior IT Risk Analyst

Rosemont, IL · On-site

$98K - $110K/yr

You'll play a direct role in protecting the company from major financial and operational loss ... Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership ...

Senior IT Risk Analyst

Rosemont, IL · Hybrid

$98K - $110K/yr

You'll play a direct role in protecting the company from major financial and operational loss ... Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership ...

... 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 ...

Showing results 41-60

Director Risk Analytics information

See Illinois salary details

$10.7K

$137.6K

How much do director risk analytics jobs pay per year?

As of Sep 2, 2026, the average yearly pay for director risk analytics in Illinois is $136,644.00, according to ZipRecruiter salary data. Most workers in this role earn between $136,600.00 and $136,600.00 per year, depending on experience, location, and employer.

What does a director risk analytics do?

A Director of Risk Analytics leads a team responsible for identifying, assessing, and mitigating risks that could impact an organization's financial health or operations. They use data analysis and statistical models to evaluate potential threats, develop risk management strategies, and report findings to senior leadership. This role often collaborates with other departments to implement risk controls and ensure compliance with industry regulations. Additionally, the Director of Risk Analytics stays updated on emerging risks and adapts analytics frameworks accordingly to protect the organization.

What are the key skills and qualifications needed to thrive as a director risk analytics?

To thrive as a Director of Risk Analytics, you need deep expertise in quantitative analysis, risk management frameworks, and a relevant advanced degree such as a master's or PhD in finance, mathematics, or statistics. Familiarity with risk modeling tools, statistical software (like SAS, R, or Python), and regulatory compliance systems is typically required. Outstanding leadership, strategic thinking, and effective communication skills distinguish top performers in this role. These capabilities are crucial for accurately assessing risk, leading analytical teams, and supporting informed decision-making across the organization.

How does a director risk analytics typically collaborate with other departments within an organization?

A Director of Risk Analytics frequently works cross-functionally, partnering with departments such as finance, compliance, IT, and operations to identify, assess, and mitigate risks. This role often leads discussions with business leaders to understand strategic objectives and develop data-driven risk management solutions. Effective collaboration ensures that risk policies are aligned with organizational goals and that analytics insights are integrated into decision-making processes across the company. Regular meetings, presentations of risk reports, and joint projects are common ways this collaboration is achieved.

What is the difference between Director Risk Analytics vs Risk Analyst?

AspectDirector Risk AnalyticsRisk Analyst
Required CredentialsBachelor's/Master's in Finance, Economics, or related; often certifications like FRM or CFABachelor's degree in Finance, Economics, or related; certifications like FRM or CFA are a plus
Work EnvironmentStrategic leadership, overseeing teams, high-level decision makingData analysis, risk assessment, reporting
Employer & Industry UsageFinancial institutions, insurance companies, large corporationsFinancial firms, banks, investment companies

The main difference between a Director Risk Analytics and a Risk Analyst lies in their level of responsibility and scope. Directors focus on strategic risk management, leading teams and making high-level decisions, while Risk Analysts handle data analysis and risk assessment tasks. Both roles require similar credentials, but the Director role involves more leadership and strategic planning.

What job categories do people searching Director Risk Analytics jobs in Illinois look for?

The top searched job categories for Director Risk Analytics jobs in Illinois are:

What cities in Illinois are hiring for Director Risk Analytics jobs?

Cities in Illinois with the most Director Risk Analytics job openings:

Associate Audit Director - Risk and Control Enhancement

Northern Trust

Chicago, IL • Hybrid

$114K - $194K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 27 days ago


Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust


As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.


Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.


With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.


Audit Services provides independent assurance over how Northern Trust manages risk, strengthens controls, and supports responsible growth. The Associate Director will bring strong leadership to help overseeing the audit team's planning and execution of the Northern Trust's Risk and Control Enhancement transformation program, the performance management process and recruiting and retention of staff for the audit team. The successful candidate will lead audit teams, work with business leaders, and senior stakeholders to interpret risk themes, challenge control design and effectiveness, and translate complex risks topics into practical audit insights.

The key responsibilities of the role include:

  • Oversee and lead the audit validation activities as part of the Northern Trust's Risk and Control Enhancement transformation program.
  • Oversee and manage all audit activities within assigned areas of responsibility. Establish an effective risk-based audit program.
  • When allocated Auditable Entities, complete risk assessments, propose changes to the audit universe and propose audit plan, including coverage and timing.
  • Develop and maintain continuous monitoring activities to keep abreast of changes in the business Units and corporate functions and to continue partnering with the key stakeholders.

Skills / Qualifications:

The successful candidate will benefit from having:

  • 12+ years of Enterprise Risk Management (ERM), Operational Risk Management (ORM) experience and advanced compliance regulation knowledge.
  • Strong interpersonal, analytical, organizational, and communication skills - including effective business writing and presentations
  • Demonstrates strong knowledge of regulatory rules and industry changes.
  • Experience of transformation programs and of auditing Enterprise, Operational and Compliance Risk Management activities

Working Model: Hybrid (#LI-Hybrid)

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)

Salary Range:

$114,700 - 194,900 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.


Work Authorization


Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).


Working with Us


As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.


Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.


Reasonable Accommodation


Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.



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