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Entry Level Risk Management Analyst Jobs in Illinois

Creates processes across all locations and formats to manage fraud detection systems and internal ... analytics to reduce risk * Experience in multi-location retail or multi-format environments

Position Overview The Asset Management Analyst will assist with a wide range of activities all ... risk mitigation opportunities * Ensure compliance with the regulatory requirements and project ...

Risk Coordinator

Des Plaines, IL · On-site

$25 - $35/hr

The Risk Coordinator supports organizational risk management initiatives with a focus on DOT ... Facilitate incident reporting and root cause analysis, ensuring timely communication to regulatory ...

Must have good knowledge and experience in Risk management domain in leading Financial Services companies. * Work with modelers and data analytics staff to write and/or edit model technical ...

Must have good knowledge and experience in Risk management domain in leading Financial Services companies. * Work with modelers and data analytics staff to write and/or edit model technical ...

Risk Counsel

Chicago, IL · On-site

$104K - $155K/yr

The Risk Counsel position will also be responsible for underwriting Owner contracts as necessary and relaying analysis to upper management about contractual risk shifting. As a fourth-generation ...

Risk Counsel

Chicago, IL · On-site

$104K - $155K/yr

The Risk Counsel position will also be responsible for underwriting Owner contracts as necessary and relaying analysis to upper management about contractual risk shifting. As a fourth-generation ...

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Showing results 1-20

Entry Level Risk Management Analyst information

See Illinois salary details

$35.4K

$79.8K

$133.7K

How much do entry level risk management analyst jobs pay per year?

As of Jul 17, 2026, the average yearly pay for entry level risk management analyst in Illinois is $79,780.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,600.00 and $87,700.00 per year, depending on experience, location, and employer.

What is the difference between Entry Level Risk Management Analyst vs Risk Analyst?

AspectEntry Level Risk Management AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRM are a plusBachelor's degree often required; certifications like FRM or CRM preferred
Work EnvironmentCorporate risk departments, financial institutions, insurance companiesFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageEntry-level role in risk management teams across industriesMid-level role focusing on risk assessment and mitigation strategies

While both roles involve assessing and managing risks, the Entry Level Risk Management Analyst typically focuses on supporting risk assessments under supervision, whereas a Risk Analyst may have more independent responsibilities in analyzing and developing risk mitigation strategies. The entry-level position is ideal for those starting their careers, with similar educational requirements and work environments.

What are the most commonly searched types of Risk Management Analyst jobs in Illinois? The most popular types of Risk Management Analyst jobs in Illinois are:
What job categories do people searching Entry Level Risk Management Analyst jobs in Illinois look for? The top searched job categories for Entry Level Risk Management Analyst jobs in Illinois are:
What cities in Illinois are hiring for Entry Level Risk Management Analyst jobs? Cities in Illinois with the most Entry Level Risk Management Analyst job openings:
Infographic showing various Entry Level Risk Management Analyst job openings in Illinois as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 88% Full Time, 5% Part Time, 1% Temporary, and 4% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $79,780 per year, or $38.4 per hour.
Risk & Loss Prevention Analyst

Risk & Loss Prevention Analyst

Niemann Foods

Quincy, IL • On-site

$60K - $90K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


Job description

SUMMARY

We are seeking a highly analytical and detail-oriented Risk & Loss Prevention Analyst to lead the design, implementation, and continuous improvement of operational risk across the organization. This role collaborates with Finance, Operations, HR and IT, ensuring strong internal controls, standardized processes, and data-driven risk mitigation strategies across all locations and formats.

The ideal candidate is both strategically minded and hands-on, with deep experience in retail operational processes, internal controls, and cross-functional collaboration.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Design, implement, and audit internal control systems to identify risk areas and implement mitigation strategies
  • Creates processes across all locations and formats to manage fraud detection systems and internal theft prevention tools
  • Develop systems to monitor operational risk trends
  • Collaborate with Finance to ensure appropriate financial controls are embedded in operational processes
  • Partners with HR, IT, Finance and Operations to align systems, controls, and accountability
  • Prepare and present risk reports and recommendations to leadership
  • Oversee installation, monitoring, and maintenance of security systems, cameras, and alarm systems at all retail locations.
  • Responsible for company Receiving operational practices and policies
  • Support HR in conducting workplace investigations, including allegations of harassment, discrimination, and policy violations.
  • Other duties as assigned by supervisor

KEY ATTRIBUTES

  • High Integrity & Ethical Judgment
  • Detail-Oriented
  • Data-Driven Decision Maker
  • Operationally Focused
  • Collaborative Skills
  • Proactive Problem Solver
  • Technologically Skills
  • Ability to work independently
  • Strong communication skills

SUPERVISORY RESPONSIBILITIES

  • This position has no supervisory responsibilities

EDUCATION and/or EXPERIENCE

  • Proven experience building, improving, or auditing retail operational processes
  • Strong analytical background with the ability to create advanced spreadsheets
  • Experience working with Finance, Operations, HR, and IT
  • Demonstrated experience designing and auditing internal controls
  • Knowledge of fraud detection methodologies and internal theft prevention strategies
  • Experience leading operational risk assessments
  • Technology-forward mindset with experience leveraging systems, reporting tools, and analytics to reduce risk
  • Experience in multi-location retail or multi-format environments
  • Experience implementing risk management or compliance software platforms

LANGUAGE SKILLS

  • Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. 
  • Write routine reports and correspondence. 
  • Speak effectively before groups of customers or Associates of organization.

MATHEMATICAL SKILLS

  • Ability to apply mathematical skills to practical daily store operations and issues.

CERTIFICATIONS, LICENSES, REGISTRATIONS

  • Valid Driver's License

RECOMMENDED EQUIPMENT

  • General office equipment

PHYSICAL DEMANDS

       Regularly (Over 2/3 of the time)

  • Sit
  • Use hands to finger, handle, or feel
  • Reach with hands and arms
  • Talk or hear

       Frequently (Between 1/3 to 2/3 of the time)

  • Stand
  • Walk
  •  Lift and/or move up to 50 pounds         

       Occasionally (Less than1/3 of the time)

  • Climb
  • Balance
  • Stoop, kneel, crouch, or crawl
  • Taste or smell
  • Lift and/or move up to 100 pounds

       Vision

  • Close
  • Distance
  • Color
  • Depth Perception
  • Ability to adjust to focus
  • Ability to distinguish colors

 WORK ENVIRONMENT 

       Occasionally (Less than1/3 of the time)

  • Exposed to outside weather conditions
  • Extreme heat

       Noise level

  • Moderate

PAY RANGE (depends on industry experience)

       $60,000 up to $90,000 (IL Locations Only)

BENEFITS (eligibility based on full-time/part-time status)

  • Medical, Dental, and Vision Insurance
  • Flexible Spending Accounts (Medical and Dependent Care)
  • Life Insurance
  • Voluntary Benefits
  • Paid Time Off
  • Retirement Plans
  • Employee Assistance Program

**Niemann Foods Management retains the discretion to add to or change the position requirements at any time.                                                     

**Position requirements may vary by store location