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Financial Risk Analyst Jobs in Chicago, IL (NOW HIRING)

Request Technology, LLC

Data Analytics Engineer

Chicago, IL · Hybrid

$118K - $141.80K/yr

... financial risk analyst, business intelligence analyst * Ability to collaborate with multiple partners (e.g. Business Users, Data and Solution Architects, Data Governance and IT teams -- Data Platform ...

Citizens

Third Party Risk Analyst

Chicago, IL

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

blueStone

Senior Financial Analyst

Glenview, IL · On-site

$84.30K - $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 ...

Wedbush Securities

Analyst, Risk Monitoring

Chicago, IL · 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 ...

Wedbush

Analyst, Risk Monitoring

Chicago, IL

$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 ...

Alliant

Associate Fraud Risk Analyst

Chicago, IL · On-site

$46.10K - $65.30K/yr

Research and analyze account activity to assess levels of risk and fraud. * Complete back-office ... Preferred- 4 Year Bachelors Degree in Business, Finance or Related * Minimum - 2 Years Fraud or ...

Wintrust

Analyst, Counterparty Credit Risk

Rosemont, IL · On-site

$59K - $77K/yr

Wintrust provides community and commercial banking, specialty finance and wealth management ... Position Overview The Counterparty Credit Risk Analyst will assist the VP and Department SVP in ...

New

Request Technology, LLC

Data Analytics Engineer

Chicago, IL · Remote

$118K - $141.80K/yr

... financial risk analyst, business intelligence analyst Certificates or Licenses: [Preferred] Cloud platform certification, or [Preferred] Data Engineering or BI tool certification, or [Preferred ...

JLL

Analyst, Value and Risk Advisory

Chicago, IL

... diligence, risk analysis, balance sheet reporting, dispute resolutions, and IPO listings. Key ... Bachelor's degree in accounting, economics, finance, real estate, or related field preferred

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Financial Risk Analyst information

See Chicago, IL salary details

$39.7K

$90.8K

$121.7K

How much do financial risk analyst jobs pay per year?

As of May 29, 2026, the average yearly pay for financial risk analyst in Chicago, IL is $90,838.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,200.00 and $113,900.00 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 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 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 are popular job titles related to Financial Risk Analyst jobs in Chicago, IL? For Financial Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Financial Risk Analyst jobs in Chicago, IL look for? The top searched job categories for Financial Risk Analyst jobs in Chicago, IL are:
Financial Risk Analyst jobs near you
Infographic showing various Financial Risk Analyst job openings in Chicago, IL as of May 2026, with employment types broken down into 86% Full Time, 10% Part Time, 1% Temporary, and 3% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $90,838 per year, or $43.7 per hour.
Data Analytics Engineer

Data Analytics Engineer

Request Technology, LLC

Chicago, IL • Hybrid

$118K - $141.80K/yr

Other

Posted 1 hour ago

Job description

***We are unable to sponsor as this is a permanent full-time role***

***Hybrid, 3 days onsite, 2 days remote***

Responsibilities:

  • Design and maintain company analytics solutions drawing from both raw and semantic data layers
  • Partner with business units to gather requirements and develop targeted analytics solutions
  • Create data models ensuring information availability in the analytics warehouse for analysis and dashboard development
  • Help establish Data Analytics standards and collaborate with embedded business analysts to ensure adherence
  • Develop comprehensive documentation and testing protocols to guarantee data accuracy and accessibility
  • Identify and distribute data and analytics best practices across the team
  • Continuously expand knowledge of data and analytics engineering methodologies to enhance infrastructure maintainability and reliability
  • Champion self-service capabilities and data literacy among business users through semantic layer utilization, analytics platforms (Tableau, Python), and CI/CD tools
  • Pursue ongoing professional development in data analytics, cloud computing, options trading, and financial risk management to improve analytics infrastructure
  • Provide guidance to business-embedded data analysts in addressing analytical challenges and support ad-hoc development needs

Qualifications:

  • Bachelor's or Master s degree in a quantitative discipline (e.g., Statistics, Computer Science, Mathematics, Physics, Data Science, Electrical Engineering, Information Systems) or equivalent professional experience
  • 3+ years of experience as a data analyst, data engineer, software engineer, data scientist, financial risk analyst, business intelligence analyst
  • Ability to collaborate with multiple partners (e.g. Business Users, Data and Solution Architects, Data Governance and IT teams -- Data Platform Team, Systems & Infrastructure, Security, DevOps, Networking) to craft solutions that align business goals with internal processes, security, and delivery standards in mind.
  • Comfortable supporting business analysts on high-priority projects
  • Ability to write and optimize complex analytical (SELECT) SQL queries
  • Ability to write and optimize python for custom data pipeline code (virtual environments, scripts vs. modules vs packages, functional programming, unit testing)
  • Strong Experience with data viz/prep tools (preferably Tableau and Alteryx)
  • Experience with a source code version control repository system, branch management, pull requests (preferably Git)
  • Familiarity with services on at least one cloud computing platform, such as AWS or Azure, or a cloud data platform such as Databricks or Snowflake

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