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Financial Risk Analyst Jobs in Illinois (NOW HIRING)

Senior Financial Risk Analyst

Chicago, IL ยท On-site

$125K - $170K/yr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs ...

Model Risk Analyst

Chicago, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Simply said, we're a bank for banks and other financial institutions, focused on being a strategic ... What you'll do The Model Risk Analyst (Analyst) within the Model Risk Management Group (MRM) is ...

Model Risk Analyst

Chicago, IL ยท Hybrid

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Simply said, we're a bank for banks and other financial institutions, focused on being a strategic ... What you'll do The Model Risk Analyst (Analyst) within the Model Risk Management Group (MRM) is ...

Risk Analyst

Chicago, IL ยท On-site

$77K - $95K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs ...

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Successful candidates will demonstrate an aptitude for complex problem-solving and analytical ...

Bachelor's degree in Risk Management, Mathematics, Statistics, Finance, Actuarial Science ... Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ...

Catastrophe Risk Analyst

Chicago, IL ยท On-site

$72K - $90K/yr

  • PTO

Bachelor's degree in Risk Management, Mathematics, Statistics, Finance, Actuarial Science ... Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ...

Credit Risk Analyst

Chicago, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has ... DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ...

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has ... DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ...

Credit Risk Analyst

Chicago, IL ยท On-site

$150K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has ... DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ...

Credit Risk Analyst

Chicago, IL ยท On-site

$100K - $130K/yr

Credit Risk Analyst - Financial Products As a Credit Risk Analyst based in Chicago, you will be part of a growing team responsible for evaluating, managing, and scaling credit risk across Adyen ...

Credit Risk Analyst

Chicago, IL ยท Hybrid

$100K - $130K/yr

Credit Risk Analyst - Financial Products As a Credit Risk Analyst based in Chicago, you will be part of a growing team responsible for evaluating, managing, and scaling credit risk across Adyen ...

Strong analytical, critical thinking, and organizational skills * Enthusiasm for developing expertise across financial services, business process, regulation, technology, or risk management Required ...

Senior Credit Risk Analyst

Chicago, IL ยท On-site

$84K - $131K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Minimum - 3 Years Experience in credit risk analytics within financial services In Lieu of ... Education * 5 Years Experience in credit risk analytics within financial services Compensation ...

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Showing results 1-20

Financial Risk Analyst information

See Illinois salary details

$37.3K

$85.4K

$114.3K

How much do financial risk analyst jobs pay per year?

As of Aug 16, 2026, the average yearly pay for financial risk analyst in Illinois is $85,381.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,800.00 and $107,100.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a financial risk analyst, and why are they important?

To thrive as a Financial Risk Analyst, you need strong analytical skills, a solid understanding of finance and statistics, and typically a bachelor's degree in finance, economics, or a related field. Familiarity with risk modeling tools, financial software like Excel, MATLAB, or Python, and certifications such as FRM or CFA are highly valued. Attention to detail, problem-solving abilities, and effective communication help analysts present complex risk findings clearly and work well in teams. These competencies are essential for accurately assessing potential risks, supporting sound decision-making, and safeguarding an organization's financial stability.

What are some common challenges faced by financial risk analysts in their daily work, and how can they be addressed?

Financial Risk Analysts often deal with rapidly changing market conditions and large volumes of complex data, which can make accurate risk assessment challenging. Staying updated with regulatory changes and effectively communicating risk findings to stakeholders with varying levels of financial knowledge are also frequent hurdles. To address these challenges, analysts typically use advanced risk modeling tools, participate in ongoing training, and collaborate closely with other departments such as compliance and trading. Building strong analytical and communication skills is key to navigating these demands successfully.

What is the difference between Financial Risk Analyst vs Credit Analyst?

AspectFinancial Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CFABachelor's degree in finance, economics, or related field; certifications like CFA often preferred
Work EnvironmentFinancial institutions, investment firms, corporate finance departmentsBanks, lending institutions, credit agencies
Employer & Industry UsageUsed across finance sectors to assess risk levels of investments and portfoliosPrimarily used by banks and lenders to evaluate creditworthiness of borrowers

While both roles involve financial analysis, a Financial Risk Analyst focuses on assessing overall financial risks across investments and portfolios, whereas a Credit Analyst specializes in evaluating the creditworthiness of individual borrowers. Both roles require similar credentials and often work within the finance industry, but their specific focus areas differ.

What does a financial risk analyst do?

A Financial Risk Analyst identifies and assesses potential risks that could affect a company's financial health, such as market fluctuations, credit issues, or operational losses. They use quantitative techniques, financial modeling, and data analysis to forecast potential risks and recommend strategies to mitigate them. Their work helps organizations make informed investment decisions, comply with regulations, and protect assets. Financial Risk Analysts often work in banks, investment firms, insurance companies, and corporate finance departments.

What cities in Illinois are hiring for Financial Risk Analyst jobs?

Cities in Illinois with the most Financial Risk Analyst job openings:

Infographic showing various Financial Risk Analyst job openings in Illinois as of July 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $85,381 per year, or $41 per hour.

Senior Financial Risk Analyst

Adyen

Chicago, IL โ€ข On-site

$125K - $170K/yr

Full-time

Posted 6 days ago


Job description

This is Adyen
Adyen provides payments, data, and financial products in a single solution for customers like Meta, Uber, H&M, and Microsoft - making us the financial technology platform of choice. At Adyen, everything we do is engineered for ambition.
For our teams, we create an environment with opportunities for our people to succeed, backed by the culture and support to ensure they are enabled to truly own their careers. We are motivated individuals who tackle unique technical challenges at scale and solve them as a team. Together, we deliver innovative and ethical solutions that help businesses achieve their ambitions faster.
Senior Financial Risk Analyst
As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e. chargebacks) arising from a portfolio of enterprise merchants, as well as assessing the risk of new products.
As a member of our team, you will help us scale and innovate our financial risk management framework and processes. You will be working closely with the Commercial, Product and Legal teams while collaborating with some of the biggest merchants processing on the Adyen platform, all with one overarching goal: limiting Adyen's exposure to credit losses. Our team is highly motivated, extremely innovative, and thrives on shared success. As we operate globally, our team is part of an international team with diverse backgrounds and skill sets. Our ideal new team member has a proven track record of solving problems, is a great communicator with an affinity for technology and a passion for finance.
What you'll be doing
  • You will work closely with our very diverse merchant portfolio, to assess and analyze their business model and financial health, and provide clear and concise credit risk advice to the Adyen credit risk committee.
  • You will drive continuous improvement of our risk management framework, including policies, tools and processes, to further improve the quality and scalability of our risk management objectives.
  • You will lead projects from beginning to end, and help us to find optimal solutions for our merchants by collaborating with various teams and ensuring we are aligned with our risk management framework;
  • You will share your credit risk knowledge to Product,Legal and Compliance teams to ensure credit risk is properly considered in new commercial product development;
  • You will share Adyen's approach to credit risk management to merchants, commercial teams, and regulators.

The base salary for this role in Chicago is: $125,000-$170,000. The total compensation package also includes RSUs (Restricted Stock Units).
Our Diversity, Equity and Inclusion commitments
Our unique approach is a product of our diverse perspectives. This diversity of backgrounds and cultures is essential in helping us maintain our momentum. Our business and technical challenges are unique, and we need as many different voices as possible to join us in solving them - voices like yours. No matter who you are or where you're from, we welcome you to be your true self at Adyen.
Studies show that women and members of underrepresented communities apply for jobs only if they meet 100% of the qualifications. Does this sound like you? If so, Adyen encourages you to reconsider and apply. We look forward to your application!
What's next?
Ensuring a smooth and enjoyable candidate experience is critical for us. We aim to get back to you regarding your application within 5 business days. Our interview process tends to take about 4 weeks to complete, but may fluctuate depending on the role. Learn more about our hiring process here. Don't be afraid to let us know if you need more flexibility.
Adyen is an equal opportunity employer. We do not discriminate based on race, color, ethnicity, ancestry, national origin, religion, sex, gender, gender identity, gender expression, sexual orientation, age, disability, veteran status, genetic information, marital status or any legally protected status.
All your information will be kept confidential according to EEO guidelines.