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Internship Vendor Risk Analyst Jobs in Chicago, IL

Coinme

Director of Payments & Risk

Chicago, IL

You set the defense architecture across fraud vendors, card processors, and banking partners ... Build and develop the team: hire, coach, and grow risk analysts and scientists, and train them to ...

BCU

Sr Mgr, Vendor Management

Vernon Hills, IL · On-site

$144K - $216K/yr

A working knowledge of the LogicGate application, preferably in a vendor management or other risk analysis capacity. * Self-motivated with proven teamwork and negotiation skills. * Extensive ...

ISR Info Way, Inc.

ServiceNow IRM Senior Developer

Chicago, IL · On-site

$55.75 - $76.50/hr

... o Vendor Risk Management o Operational Resilience (preferred) · Develop and maintain Business ... analytical, problem-solving, and decision-making skills. · Ability to bridge technical and ...

New

Ovative group

Lead Security Analyst

Chicago, IL · On-site

Conduct vendor security assessments for new vendors and renewals; maintain ongoing vendor risk ... We're flat - our interns sit next to VPs, our analysts work closely with senior leaders, and our CE ...

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All JobsVendor Risk Analyst JobsInternship Vendor Risk Analyst JobsInternship Vendor Risk Analyst Jobs in Chicago, IL

Internship Vendor Risk Analyst information

See Chicago, IL salary details

$67K

$111.6K

$149.9K

How much do internship vendor risk analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for internship vendor 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.

What is an internship vendor risk analyst?

An Internship Vendor Risk Analyst is an entry-level position, often designed for students or recent graduates, that focuses on assessing and managing the risks associated with third-party vendors. Interns in this role help organizations evaluate the security, compliance, and reliability of vendors by analyzing documentation, conducting risk assessments, and supporting ongoing risk monitoring activities. They work under the guidance of senior analysts to ensure vendors meet company standards and regulatory requirements, gaining hands-on experience in risk management and vendor oversight.

What are some common challenges internship vendor risk analysts face when assessing third-party vendors?

Internship Vendor Risk Analysts often encounter challenges such as limited access to comprehensive vendor data, navigating complex regulatory requirements, and balancing multiple stakeholder interests. Interns must learn to evaluate risk with incomplete information and communicate findings clearly to both internal teams and vendors. Building strong analytical and communication skills, as well as understanding the organization's risk appetite, are key to overcoming these challenges and making meaningful contributions during the internship.

What are the key skills and qualifications needed to thrive as an internship vendor risk analyst, and why are they important?

To thrive as an Internship Vendor Risk Analyst, you need a solid understanding of risk assessment, vendor management principles, and basic knowledge of compliance frameworks, often supported by coursework in finance, business, or information security. Familiarity with tools like Excel, risk management software, and platforms such as SAP Ariba or RSA Archer is typically expected. Attention to detail, analytical thinking, and effective communication are standout soft skills for gathering data and collaborating with internal stakeholders. These skills are crucial for identifying potential vendor risks, ensuring regulatory compliance, and supporting organizational decision-making.

What is the difference between Internship Vendor Risk Analyst vs Vendor Risk Analyst?

AspectInternship Vendor Risk AnalystVendor Risk Analyst
CredentialsTypically pursuing or recent graduate, some certifications optionalUsually requires professional certifications like CRISC or CTP
Work EnvironmentInternship setting, entry-level tasks, learning-focusedFull-time role, responsible for ongoing risk assessments
Industry UsageCommon in finance, consulting, and tech companies for trainingEstablished position in risk management departments across industries

The Internship Vendor Risk Analyst is an entry-level role designed for students or recent graduates gaining experience in vendor risk management. In contrast, the Vendor Risk Analyst is a full-time professional responsible for ongoing risk assessments and mitigation strategies. While both roles involve evaluating vendor risks, the internship focuses on learning and support, whereas the analyst role involves independent decision-making and expertise.

What are the most commonly searched types of Vendor Risk Analyst jobs in Chicago, IL? The most popular types of Vendor Risk Analyst jobs in Chicago, IL are:
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Internship Vendor Risk Analyst jobs near you

Senior Analyst, Compliance Testing & Third-Party Risk Management

Above Lending

Chicago, IL • On-site

$70K - $120K/yr

Full-time

Posted 11 days ago

Job description

Above Lending is a next-generation financial services company helping everyday Americans break the cycle of high-cost debt and move toward a stronger financial future. Through customized lending solutions, competitive rates, and personalized support, our mission is to simplify the lending process and help our clients achieve financial well-being. We are committed to making credit more affordable and accessible; backed by a culture grounded in compliance and ethics, and technology built around the people we serve.
We are growing quickly, and we are looking for new collaborators to help us reach the next level. If you want to join a forward-thinking, rapidly growing organization where helping people is the number one goal, we want to hear from you.
We're looking for a motivated and detail-oriented professional to support our compliance testing and third-party risk processes. This role is ideal for someone with hands-on experience in compliance testing, vendor management, or risk testing functions in the financial services industry, who's ready to grow into a more strategic and visible contributor.
You'll support critical functions that ensure regulatory compliance and effective third-party oversight, helping to safeguard the company and its customers. This is a high-impact role with cross-functional exposure and opportunities for growth.
This is a hybrid role, 3-days a week, in downtown Chicago, IL.
What You'll Do
  • Lead regular testing of applicable BSA/AML/OFAC and consumer obligations to ensure compliance with regulatory requirements and internal policies.
  • Evaluate the effectiveness of controls designed to mitigate regulatory and operational risks.
  • Document testing results, identify issues and gaps, determine corrective action, and support issue tracking and resolution.
  • Assist in managing the company's third-party risk management (TPRM) program by supporting processes, maintaining documentation, and monitoring controls.
  • Conduct initial and ongoing risk assessments for vendors, focusing on areas like security practices, financial health, and compliance posture.
  • Support vendor onboarding by ensuring contracts and risk-related documentation are complete and compliant with company policies.
  • Stay up-to-date on key regulatory changes and best practices related to third party risk management.
  • Prepare summary reports and dashboards for leadership to communicate testing findings, open issues, and vendor risk trends.
  • Assist in building, configuring, and optimizing the GRC platform to automate compliance testing, centralize vendor risk assessments, and streamline issue management.
  • Serve as the subject matter expert for SCRA and OFAC compliance, providing regulatory guidance

What We're Looking For
  • Bachelor's degree in Business, Finance, Risk or a related discipline.
  • 3-5 years of experience in compliance testing, third-party risk management, vendor management, audit, or related risk and compliance functions within the banking, financial services, or fintech industries.
  • Working knowledge of consumer lending regulations is preferred; willingness to learn and develop expertise in this area is essential.
  • Professional certifications such as CRCM, CTPRP, CTPRA, or similar are preferred but not required.
  • Strong organizational skills with exceptional attention to detail and the ability to manage multiple priorities in a fast-paced environment.
  • Excellent written and verbal communication skills, with the ability to collaborate effectively across cross-functional teams and engage with external vendors.
  • Advanced proficiency in Microsoft Excel and experience using compliance, governance, risk management, or reporting systems.
  • Self-motivated, proactive, and eager to build subject matter expertise in compliance, regulatory risk, and third-party risk management.

$70,000 - $120,000 a year
This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.
Join our dynamic team and contribute to Above Lending's success as we continue to provide innovative lending solutions to our customers.
Under the California Consumer Privacy Act ("CCPA"), Above Lending is informing California residents who are our job applicants, contractors or prospective employees (together "job applicants") about the categories of personal information we collect about you and the purposes for which we will use this information. This notice and our Privacy Policy contain important information relating to the CCPA and apply only to personal information that is subject to the CCPA. Please see our website for the full CCPA statement.
*Above Lending is an equal opportunity Employer*
Above Lending does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job positions. No fee will be paid to their parties who submit unsolicited candidates directly to Above Lending employees or the Above Lending Finance and HR teams. No placement fee will be paid to any third party unless such a request has been made by the Above Lending HR team.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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