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Freelance Market Risk Analyst Jobs in Chicago, IL

The primary function of this role is to act as a Market Risk Analytics Manager focusing on futures, options on futures, FX, power products and Fixed Income. Responsibilities include, but are not ...

The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to ... market demands. The pay range is subject to change and may be modified in the future. Full-time ...

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to ... market demands. The pay range is subject to change and may be modified in the future. Full-time ...

Senior Risk Analyst

Chicago, IL · On-site

$100K - $115K/yr

Forecast risk-related costs, and develop and analyze alternatives for risk mitigation. Apply ... market environment, and business strategies and challenges. * Identify and analyze specific ...

The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory ... market environment, and business strategies and challenges. * Identify and analyze specific ...

Analyze large datasets (e.g., exposure data, claims data, hazard data) to assess model performance ... Our work shapes risk management strategy, capital allocation, and external market positioning ...

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Freelance Market Risk Analyst information

See Chicago, IL salary details

$67K

$111.6K

$149.9K

How much do freelance market risk analyst jobs pay per year?

As of Aug 23, 2026, the average yearly pay for freelance market risk analyst in Chicago, IL is $111,599.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,400.00 and $134,900.00 per year, depending on experience, location, and employer.

Are freelance market risk analysts in demand?

Freelance market risk analysts are in demand due to the increasing need for financial institutions to manage risk and comply with regulations. They often work remotely, utilizing skills in data analysis, financial modeling, and risk assessment tools, making their expertise valuable across various industries.

Can a freelance market risk analyst work remotely?

Yes, freelance market risk analysts often work remotely, leveraging digital tools like spreadsheets, risk modeling software, and communication platforms. Remote work allows flexibility in managing projects and collaborating with clients worldwide, provided they have the necessary skills and reliable internet access.

How much does a freelance market risk analyst make?

Freelance market risk analysts typically earn between $50 and $150 per hour, depending on experience, certifications, and project complexity. Annual earnings can vary widely based on workload and client rates, with experienced professionals potentially earning over $100,000 annually when working full-time or on high-value projects.

What does a freelance market risk analyst do?

A freelance market risk analyst assesses financial risks related to market fluctuations, interest rates, and economic changes for clients or organizations. They analyze data using statistical tools and models to identify potential risks and recommend strategies to mitigate them, often working independently and requiring strong analytical skills and knowledge of financial markets.

What are the most commonly searched types of Market Risk Analyst jobs in Chicago, IL?

The most popular types of Market Risk Analyst jobs in Chicago, IL are:

What are popular job titles related to Freelance Market Risk Analyst jobs in Chicago, IL?

For Freelance Market Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Freelance Market Risk Analyst jobs in Chicago, IL look for?

The top searched job categories for Freelance Market Risk Analyst jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Freelance Market Risk Analyst jobs?

Cities near Chicago, IL with the most Freelance Market Risk Analyst job openings:

Vice President, Market Risk Manager

Wedbush Securities

Chicago, IL • On-site

Full-time

Re-posted 7 days ago


Job description

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Our Chicago office is hiring for an experienced Vice President, Market Risk Analytics Manager FICCS to join our Risk and Credit Group. The primary function of this role is to act as a Market Risk Analytics Manager focusing on futures, options on futures, FX, power products and Fixed Income. 

Responsibilities include, but are not limited to:

  • Monitor client trading across multi-asset classes and create risk monitoring reports
  • Design SQL queries and relational databases to support daily tasks and automate reports
  • Manage team that issues intraday/overnight calls and risk limit breaches to clients, while answering and investigating any inquiries or disputes
  • Calibrate risk systems and reporting for daily monitoring and management reporting packages
  • Oversee and manage Stress Testing and 1.73 liquidation reports
  • Inspect client performances by evaluating intraday/overnight profit & losses and stress tests to identify any potential dangers and present protective measures against price fluctuations of client positions
  • Perform as a backup for daily approval of outgoing wires and ACHs
  • Manage and conduct reports on various Exchange Default Management Systems
  • Perform other tasks and duties as assigned and required

  • Bachelor's Degree from an accredited university, preferably in Business Administration or other related field
  • Minimum 10+ years of experience in futures, FX, and fixed income
  • Strong knowledge and experience in Power, Energy Futures, products and exchange requirements, standards, and best practices
  • Experience with exchange margin tools and ability to produce and analyze the margin requirements for various exchange margin platforms such as CME, ICE, Nodal, etc.
  • Familiarity with options and understanding of option strategies; experience with energy products with limit setting for contracts, margin, risk and Globex credit limits
  • Background in developing and maintaining risk policies, processes, procedures, and standards
  • Execute SQL queries and apply knowledge of database infrastructure, with experience using Tableau
  • Ability to manage across multiple competing priorities and time-sensitive initiatives
  • Strong ability to work independently, delegate duties and develop team relationships
  • Excellent written and verbal communication skills