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Financial Risk Analyst Jobs in Illinois (NOW HIRING)

Senior Financial Analyst

Glenview, IL ยท On-site

$84K - $105K/yr

The role will be centered on providing analytical support in broad capital structure and financial risk management topics as well as international liquidity, investments and global bank account ...

What you'll do as a Junior Quantitative Risk Analyst at Akuna: We are looking for a motivated and ... Finance experience or some knowledge of options theory * Programming experience (e.g., Python); SQL ...

Monitor and analyze market, credit, capital, and operational risks across IMC's portfolios ... in financial risk management, quantitative risk, or a related front-office risk function

The Office of Finance maintains the fiscal integrity of Chicago Public Schools (CPS) and provides ... Reporting to the Risk and Insurance Manager, the Risk and Insurance Analyst assists in the ...

Analyst, Risk Monitoring

Chicago, IL ยท On-site

$68K - $89K/yr

We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures ... Our Chicago office is hiring an experienced Supervisor, Risk Monitoring Analyst to join our Risk ...

We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures ... Our Chicago office is hiring an experienced Supervisor, Risk Monitoring Analyst to join our Risk ...

As a Senior Privacy & AI Risk Analyst, you will be expected to spearhead privacy initiatives and ... Has a minimum of 5+ years of experience in financial compliance, risk, privacy or anti-money ...

Experienced Risk Manager

Chicago, IL ยท On-site

$150 - $210/hr

Monitor and analyze market, credit, capital, and operational risks across IMC's portfolios ... Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon ...

New

Experienced Risk Manager

Chicago, IL ยท On-site

$150K - $210K/yr

Monitor and analyze market, credit, capital, and operational risks across IMC's portfolios ... Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon ...

Showing results 41-60

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 20, 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 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 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.

Do financial risk analysts make good money?

Financial risk analysts typically earn competitive salaries that vary by industry, experience, and location. Entry-level positions often start around $60,000 annually, with experienced analysts earning over $100,000, especially in finance and consulting sectors. Certifications like FRM or CFA can enhance earning potential.

Is a financial risk analyst a good career?

A financial risk analyst is a valuable role in finance, responsible for identifying and managing potential financial risks using data analysis and risk modeling tools. The profession offers strong job growth, competitive salaries, and opportunities for advancement, especially with relevant certifications like FRM or CFA. Success in this career often requires analytical skills, attention to detail, and proficiency with financial software.

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 August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $85,381 per year, or $41 per hour.

Senior Financial Analyst

blueStone

Glenview, IL โ€ข On-site

$84K - $105K/yr

Contractor

Retirement

Re-posted 2 days ago


Job description

Company Description

blueStone Executive Search has a distinct focus on recruiting IT professionals with an emphasis on the areas of leadership, business transformation and enterprise.

Job Description

The Senior Financial Analyst - Treasury will support broad treasury activities with the primary focus on capital markets and international treasury services.ย  The role will be centered on providing analytical support in broad capital structure and financial risk management topics as well as international liquidity, investments and global bank account management.ย  The ideal candidate will possess understanding of corporate finance, a solid analytic background to identify process improvement opportunities and excellent communication skills to implement recommendations across the Company's business units globally.

Primary Responsibilitiesย ย 

  • Provide analytic support for capital structure related activities such as debt issuance and share repurchases
  • Administer inter company loans portfolio and manage inter company FX hedging program

  • Provide analytical support for Board, Rating Agency and management presentations

  • Analyze pension benefits and 401(k) investment performance, and provide analytical support for benefits investment management

  • Manage cross-currency international cash pools and global liquidity

  • Support the optimal investment of offshore cash

  • Support Accounting and Planning processes by providing exchange rate and other economic information

  • Support Treasury workstation initiativesย Job Requirements

Qualifications
  • Bachelor's degree in Accounting, Finance or Business Administration with a minimum of 5 years of corporate finance or banking experience

  • Solid understanding of corporate finance

  • International treasury experience preferred but not required

  • Advanced Excel required

  • Detail oriented with solid organizational skills

  • Excellent communication and interpersonal skills including the ability to maintain relationships with business units globally

Additional Information