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

Avanade

Data Protection, A/SA-Evergreen

Chicago, IL · On-site

$84K - $100K/yr

As a Data Protection Senior Analyst, you'll support the delivery of data protection, data ... Prior internship, academic project, or entry-level experience in security or compliance is a plus.

Walgreens

Procurement associate

Deerfield, IL · On-site

$63K - $101K/yr

Job Summary Entry level procurement role, which supports the delivery of end-to-end category ... Category analytics and project identification. Leading RFI/RFQ/RFP activities for Medium to Low ...

New

IBM

Security Consultant Intern 2027

Chicago, IL · On-site

Risk management and security implementation activities. * Modern security tooling, automation, and ... packet analysis tools, or encryption technologies. * Interest in emerging cybersecurity trends ...

CRC Group

Account Executive

Chicago, IL · On-site

$60K - $75K/yr

Analyze client needs and risk exposures to help develop appropriate coverage strategies and ... FUNCTIONAL SKILLS * Entry-level, foundational knowledge of insurance products, risk concepts, and ...

IBM

Security Consultant Intern 2027

Chicago, IL · On-site

Risk management and security implementation activities. * Modern security tooling, automation, and ... packet analysis tools, or encryption technologies. * Interest in emerging cybersecurity trends ...

IBM

Associate Security Consultant 2027

Chicago, IL · On-site

Introduction IBM Cybersecurity brings together consultants, architects, analysts, engineers, and ... Risk, and Compliance. In this role, you'll work alongside experienced consultants on real client ...

IBM

Associate Security Consultant 2027

Chicago, IL · On-site

... Risk, and Compliance. In this role, you'll work alongside experienced consultants on real client ... Participate in multiple phases of client engagements, including requirements analysis, solution ...

IBM

Intern Security Consultant 2027

Chicago, IL · On-site

Risk management and security implementation activities * Modern security tooling, automation, and ... packet analysis tools, or encryption technologies * Interest in emerging cybersecurity trends ...

Tihinsurance

Account Executive

Chicago, IL

$60K - $75K/yr

Analyze client needs and risk exposures to help developappropriate coveragestrategies and insurance ... FUNCTIONAL SKILLS * Entry-level, foundational knowledge of insurance products, risk concepts, and ...

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All JobsRisk Analyst JobsEntry Level Risk Analyst JobsEntry Level Risk Analyst Jobs in Chicago, IL

Entry Level Risk Analyst information

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

As of Aug 19, 2026, the average hourly pay for entry level risk analyst in Chicago, IL is $41.71, according to ZipRecruiter salary data. Most workers in this role earn between $30.72 and $50.77 per hour, depending on experience, location, and employer.

What is an entry level risk analyst?

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 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.

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.

Are entry level risk analyst jobs in high demand?

Entry level risk analyst jobs are in steady demand across various industries such as finance, insurance, and consulting, driven by the need for organizations to manage financial and operational risks. These roles often require skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software, making them a stable career option for recent graduates.

How hard is it to become an entry level risk analyst?

Becoming an entry level risk analyst typically requires a bachelor's degree in finance, economics, or a related field. Developing skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software can help, but the role generally has a moderate entry barrier with relevant internships or certifications enhancing prospects.

How to become an entry level risk analyst with no experience?

To become an entry level risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and basic understanding of risk management principles through online courses or certifications. A bachelor's degree in finance, economics, or a related field is typically required, and internships or volunteer work can help build practical experience. Demonstrating strong analytical abilities and attention to detail can improve your chances of entering the field.

What qualifications do I need to be an entry level risk analyst?

An entry-level risk analyst typically needs a bachelor's degree in finance, economics, statistics, or a related field. Strong analytical skills, proficiency in Excel and data analysis tools, and knowledge of risk management principles are also important for this role.

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:

What are popular job titles related to Entry Level Risk Analyst jobs in Chicago, IL?

For Entry Level Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:

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
Infographic showing various Entry Level Risk Analyst job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 9% Part Time, and 3% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $86,748 per year, or $41.7 per hour.

Data Protection, A/SA-Evergreen

Avanade

Chicago, IL • On-site

$84K - $100K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

Job description

As a Data Protection Senior Analyst, you'll support the delivery of data protection, data governance, and privacy solutions for Avanade clients. You'll work under the guidance of senior team members to help design, implement, and operate data protection capabilities while building strong foundational skills in security, compliance, and client delivery.
What you'll do

  • Support client engagements focused on data protection, data governance, and compliance initiatives.
  • Assist with configuration and administration of Microsoft Purview capabilities (e.g., sensitivity labels/encryption, DLP policies, data classification/discovery, Insider Risk Management).
  • Participate in requirements gathering, workshops, and documentation efforts.
  • Execute assigned tasks within project plans and contribute to on-time, high-quality delivery.
  • Develop technical documentation, configuration guides, and client-ready deliverables.
  • Actively pursue learning, certifications, and hands-on experience in data protection technologies.
  • Contribute to emerging areas such as AI and agentic AI security, under guidance.
Qualifications
  • 2+ years of relevant experience.
  • Degree in Information Technology, Cybersecurity, Computer Science, or related field (or equivalent experience).
  • Exposure to Microsoft 365 or Azure environments preferred.
  • Prior internship, academic project, or entry-level experience in security or compliance is a plus.
  • Microsoft security-related certifications strongly preferred (e.g., SC-900, AB-900, AI-901).

Compensation at Avanade varies depending on a wide array of factors, which may include but are not limited to the specific office location, role, skill set, and level of experience. As required by local law, Avanade provides a reasonable range of compensation for roles that may be hired as set forth below.
We anticipate this job posting will be posted until 8/31/2026.
Avanade offers a market competitive suite of benefits including medical, dental, vision, life, and long-term disability coverage, a 401(k) plan, bonus opportunities, paid holidays, and paid time off.
See more information on our benefits here: Benefits and Total Rewards | Avanade United States
Role Location Annual Salary Range
California $84,800 to $100,700
Cleveland $76,000 to $90,250
Colorado $76,000 to $90,250
District of Columbia $88,000 to $104,500
Illinois $84,800 to $100,700
Maine $76,000 to $90,250
Maryland $88,000 to $104,500
Massachusetts $88,000 to $104,500
Minnesota $84,800 to $100,700
New York $92,800 to $110,200
New Jersey $84,800 to $100,700
Virginia $84,800 to $100,700
Washington $88,000 to $104,500

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