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

USA Alston & Bird

New Business Intake Analyst

Chicago, IL · On-site

$75K - $85K/yr

Working knowledge of ethical, legal, and risk management rules and requirements governing conflicts ... identify, analyze and resolve false positives without constant oversight.* Strong service ...

Liberty Mutual

Associate Account Analyst

Chicago, IL · Hybrid

This is an entry level position within the Account Analyst job family, with a goal of acquiring a basic understanding of risk evaluation on new and renewal business. * Gathers, organizes and enters ...

Clearsulting LLC

Campus Consulting Analyst

Chicago, IL · On-site

... risk advisory, treasury and more. Clearsulting stands by its culture, shaped by our five Core ... Campus Consulting Analyst Location: * Clearsulting is headquartered in Cleveland, OH, with ...

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Entry Level Risk Analyst information

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

As of Sep 10, 2026, the average hourly pay for entry level risk analyst in Lockport, IL is $40.61, according to ZipRecruiter salary data. Most workers in this role earn between $29.90 and $49.42 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 popular job titles related to Entry Level Risk Analyst jobs in Lockport, IL?

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

What cities near Lockport, IL are hiring for Entry Level Risk Analyst jobs?

Cities near Lockport, 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 Lockport, IL as of September 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, and 2% Contract. Highlights an 82% Physical, 4% Hybrid, and 14% Remote job distribution, with an average salary of $84,459 per year, or $40.6 per hour.

Business Credit Office Analyst, Prefer Mandarin Speaking

Chicago, IL • On-site

HSBC Global Services Limited
See more jobs at HSBC Global Services Limitedexternal

Full-time

Posted 2 days ago

New

Job description

Some Careers Grow Faster Than Others.

If you’re looking for a career that will help you to stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Corporate and Institutional Banking is a markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

We are currently seeking a high-caliber professional to join our team as BCO Analyst

 Roles & Responsibilities: 

In this role, you will:

  • Responsible for the delivery of BCO tasks in line with agreed OKRs, SLAs and KPIs
  • Support the end-to-end Credit & Lending servicing journey, ensuring a seamless and efficient process for both customers and internal stakeholders and meeting regulatory requirements
  • Assist the Relationship Manager with credit analysis and the timely submission of credit proposals for facilities for both existing and prospective clients
  • Liaise with relevant teams for the preparation of facility letter and any other internal security documents.
  •  Ensure completeness of security documentation prepared by external legal counsel. 
  • Proactively manage the credit quality of the supported portfolio by i) conducting periodic credit reviews;     ii) tracking and reporting of compliance with covenants and conditions of approval; and iii) promptly  escalating deviations to the Risk team for resolution.
  • Actively participate in training sessions to continue to develop credit skills, product knowledge, industry knowlede and client management skills.
  • Ensure the consistent application of HSBC policies and adherence to regulatory, financial, and legal standards to minimise business and reputational risks
  • Support the BCO Manager and Team Lead on ad-hoc requirements and other strategic initiatives to streamline and simplify end-to end credit & lending process
  • Participate in deal discussions and meetings with clients as required
  • Protect the Bank by acting as First Line of Defence and adhering to all controls
  • Maintain HSBC internal control standards, including timely implementation of internal and external audit recomentations, along with addressing any issues raised by external regulators

Qualifications & Experience

  • Bachelor’s degree in Business, Finance, or a related field
  • Relevant work experience in corporate banking as a credit analyst or relationship manager
  • Good understanding of various financing instruments and banking products in corporate banking
  • Comprehensive understanding of risk management and proven experience in ensuring compliance (self and others) with organisational and regulatory requirements 
  • Analytical with a keen eye for details  
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders 
  • Chinese language skills is preferred

Opening up a world of opportunity

http://www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

About HSBC Vietnam: https://www.about.hsbc.com.vn/vi-vn

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