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

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 ...

Sysmex

Associate I, Distribution - TEMP

Buffalo Grove, IL

$16.75 - $22/hr

... analysis and life sciences for the clinical laboratory. ...to build a promising future. We ... The distribution associate is an entry level position and is responsible for assisting in many of ...

Sysmex

Associate I, Distribution - TEMP

Buffalo Grove, IL · On-site

$16.75 - $22/hr

... analysis and life sciences for the clinical laboratory. ...to build a promising future ... The distribution associate is an entry level position and is responsible for assisting in many of ...

Jensen Metal Products

Process Engineer I

Racine, WI · On-site

This entry-level engineering position partners closely with Production, Quality, Planning ... Analyze production metrics to identify opportunities for improved efficiency * Recommend tooling ...

Quakerhoughton

Mixer Operator - 1st Shift

Zion, IL · On-site

$33.80/hr

This position is the entry level for a new production employee with 0-1 year of experience. 1-2 ... Ability to read, analyze and interpret batch sheets, SOPs and work instructions * Positive team ...

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

Entry Level Risk Analyst information

See Waukegan, IL salary details

$14

$38

$62

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

As of Aug 23, 2026, the average hourly pay for entry level risk analyst in Waukegan, IL is $38.47, according to ZipRecruiter salary data. Most workers in this role earn between $28.32 and $46.83 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 job categories do people searching Entry Level Risk Analyst jobs in Waukegan, IL look for?

The top searched job categories for Entry Level Risk Analyst jobs in Waukegan, IL are:

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

Cities near Waukegan, 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 Waukegan, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, 2% Contract, and 1% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $80,020 per year, or $38.5 per hour.

Sr. Business Analyst - Personal Loan Recovery Strategy

Capital One

Riverwoods, IL • On-site

Full-time

Re-posted 13 days ago

Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

93rd of 171 rated banks

Job description

Sr. Business Analyst - Personal Loan Recovery Strategy

Summary:

As a Sr. Business Analyst on the Personal Loan Recovery Strategy Team, you will take ownership of analyzing post-charge off portfolio performance, monitoring champion-challenger strategies, and optimizing account segmentation. In this role, you will have the opportunity to work alongside our partner teams including Data Science, Finance, Tech, Product and Operations. You will leverage data-driven insights to recommend strategic business decisions
across our Collection and Recovery channels and directly influencing profitability for our personal loan portfolios.

General Responsibilities:

  • Analysis: Identify business challenges and opportunities for improvement and solve for them using analysis to make strategic or tactical recommendations

  • Product: Perform modeling/analytics to assist new product and pricing strategies for various lending products

  • Marketing: Support direct-to-consumer marketing efforts for select products, and strategic intent for products distributed through the retail channel. Help build targeted insights to inform the design and development of new customer experiences, as well as breakthrough technology and concepts designed to deliver on new go to market strategies

  • Credit Risk: Support step-change improvements in credit performance by connecting drivers of future consumer credit trends to historical behavior, creating risk models, and testing hypotheses using rigorous monitoring and analysis

  • Execution: Involve problem frame-works, develop hypotheses, test and analysis, solution development, scope operational feasibility, lead implementation efforts and develop a monitoring plan

  • Partnership: Work closely with colleagues across Capital One including: IT, Sales, Operations, Finance and others to drive improvement in quality, volume, service, and profitability

  • Strategic & analytic orientation: A proven track record of decision making and problem solving based on analytics. Conceptual thinking skills must be complemented by a strong quantitative orientation, given that a large part of the business is based on rigorous analytic marketing & credit risk management

  • Strong business judgment, leadership and integrity: He/she should be a tenacious decision maker, able to bring a healthy, aggressive, yet responsible approach to business

  • Strong communication skills: Impeccable written and oral communication credentials, coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal and negotiation skills

  • Clear results orientation: display an intense focus on achieving both short and long term goals. He/she should be able to drive and execute an agenda in an uncertain and fluid environment

  • Successful track record of thriving in a fast paced, entrepreneurial and dynamic environment. Previous consulting experience is a plus

Basic Qualifications:

  • At least 2 years of professional experience performing analysis

  • Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:

    • A Bachelor's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer engineering, Software engineering, Mechanical engineering, Information Systems or a related quantitative field)

    • A Master's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical engineering, Information Systems or a related quantitative field) or an MBA with a quantitative concentration

Preferred Qualifications:

  • Master's Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering

  • 1+ years of experience in Statistical model building

  • 1+ years of experience in market research

  • 1+ years of experience in SQL querying

  • 2+ years of experience in business analysis

  • 1+ years of experience in consulting

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Riverwoods, IL: $101,100 - $115,400 for Sr. Business Analyst











Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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