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Entry Level Risk Analyst Jobs in Chicago, IL (NOW HIRING)

Crowe

Privacy Senior Associate

Chicago, IL · On-site

... Risk Assessments, and transfer impact analyses (TIAs). * Analyze data lifecycle processes to ... Acts as a trusted subject-matter contributor rather than an entry-level support role. Privacy by ...

RSM

D365 Security Controls Senior Associate

Chicago, IL

$15.50 - $18.50/hr

RSM's Business Application Risk practice is seeking an experienced D365 security & controls ... Degree required 1-2 years' experience working as a business analyst, IT auditor, or implementation ...

Lexus Nexus

Senior Software Engineer II

Evanston, IL · On-site

$104.80K - $174.70K/yr

... analytics to assist them in evaluating and predicting risk and enhancing operational efficiency ... Resolve complex technical issues as necessary and train entry-level software engineers as directed ...

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How much do entry level risk analyst jobs pay per hour?

As of May 28, 2026, the average hourly pay for entry level risk analyst in Chicago, IL is $41.74, according to ZipRecruiter salary data. Most workers in this role earn between $30.72 and $50.82 per hour, depending on experience, location, and employer.

What is an Entry Level Risk Analyst job?

An Entry Level Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization’s financial stability and operations. They analyze data, create reports, and assist in developing risk management strategies under the guidance of senior analysts. This role typically involves working with financial models, market trends, and regulatory guidelines to support decision-making. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential for success in this position.

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

To thrive as an Entry Level Risk Analyst, you need strong analytical abilities, attention to detail, and a foundational understanding of finance, economics, or a related field, often supported by a relevant bachelor’s degree. Familiarity with risk management software, Excel, and data analysis tools is advantageous, and some companies value certifications like FRM or CFA Level I. Excellent communication, problem-solving skills, and the ability to work collaboratively make candidates stand out in this role. These skills and qualities are critical for accurately assessing risks, providing actionable insights, and supporting effective decision-making within the organization.

What are some typical challenges faced by Entry Level Risk Analysts, and how can new hires prepare for them?

Entry Level Risk Analysts often face challenges such as quickly interpreting large volumes of complex data, adapting to evolving regulatory requirements, and learning industry-specific risk assessment methodologies. New hires can prepare by familiarizing themselves with common risk metrics, staying updated on regulatory changes, and practicing effective data analysis. It's also helpful to proactively seek guidance from more experienced team members and participate in relevant training sessions. With diligence and curiosity, most analysts develop confidence and expertise rapidly in this collaborative, knowledge-driven work environment.
More about Entry Level Risk Analyst jobs
What are the most commonly searched types of Risk Analyst jobs in Chicago, IL? The most popular types of Risk Analyst jobs in Chicago, IL are:
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What job categories do people searching Entry Level Risk Analyst jobs in Chicago, IL look for? The top searched job categories for Entry Level Risk Analyst jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Entry Level Risk Analyst jobs? Cities near Chicago, IL with the most Entry Level Risk Analyst job openings:
Entry Level Risk Analyst jobs near you

Financial Services Professional - Entry-Level

Lakeshore Financial Group - Oakbrook

Schaumburg, IL

$60K - $120K/yr

Full-time

Posted 9 days ago

Job description

Join Lakeshore Financial Group and put your passion for helping others to work in a values‑driven, relationship‑focused environment. As a Financial Services Professional, you’ll guide individuals, families, and business owners toward greater financial clarity, confidence, and long‑term security.


In this role, you’ll build meaningful, lasting relationships by delivering personalized strategies across investments, insurance, retirement planning, and comprehensive wealth management. Our team takes a holistic, client‑first approach—ensuring every person we serve feels informed, supported, and empowered at every stage of their financial journey.


If you’re people‑focused, naturally curious, and skilled at breaking down complex financial concepts into clear, actionable insights, you’ll thrive here. We prioritize trust, education, and long‑term partnerships, and we’re committed to supporting your professional growth as you make a measurable impact.


At Lakeshore Financial Group, you’ll join a collaborative, supportive culture that encourages innovation, continuous development, and shared success—along with flexible working hours and competitive compensation.

Compensation:

$60,000 - $120,000


Responsibilities:
  • Develop customized financial plans aligned with client goals, values, and risk tolerance
  • Analyze client financial situations, including assets, income, liabilities, and cash flow
  • Recommend suitable investment, insurance, and retirement strategies
  • Monitor client portfolios and conduct regular review meetings
  • Maintain strong knowledge of market trends, tax considerations, and financial products
  • Build long-term client relationships through proactive communication and exceptional service
  • Develop customized financial plans aligned with client goals, values, and risk tolerance
  • Analyze client financial situations, including assets, income, liabilities, and cash flow
  • Recommend suitable investment, insurance, and retirement strategies
  • Monitor client portfolios and conduct regular review meetings
  • Maintain strong knowledge of market trends, tax considerations, and financial products
  • Build long-term client relationships through proactive communication and exceptional service

Qualifications:
  • Bachelor’s degree in finance, Business, Economics, or related field (preferred)
  • Willingness to get licensed in Life Insurance, SIE, Series 7, and Series 66
  • Strong communication, relationship‑building, and analytical skills
  • Ethical, organized, and committed to delivering exceptional client experiences

About Company

Lakeshore Financial is a values‑driven financial services firm built on trust, education, and long-term relationships. We believe every client deserves clarity, confidence, and a partner who truly listens. Our team takes a holistic, client‑first approach—supporting individuals, families, and business owners through every stage of life.