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It Risk Analyst Jobs in Illinois (NOW HIRING)

ZS

Governance & Risk Analyst

Chicago, IL · On-site

$85K - $95K/yr

The GRC Analyst will support the organization's Governance, Risk & Compliance function with a ... Strong understanding of IT risk assessment methodologies, frameworks, and industry best practices.

Brookfield

Risk Analyst

Chicago, IL · On-site

The Enterprise Risk Analyst supports the development, implementation, and continuous enhancement of ... Engage with underwriting, claims, actuarial, finance, IT, and legal & compliance teams to embed ...

Early Warning Services

IT Risk Manager

Chicago, IL · Hybrid

Overview The Manager, Risk Management is responsible for the building and coordination of a ... information, gender, gender identity, gender expression, age, national origin, ancestry ...

Early Warning Services

Sr. IT Risk Manager

Chicago, IL · Hybrid

... Technology on the execution of enterprise and operational risk programs, promoting an environment ... Reporting and Analytics * Aggregate and analyze risk data to support reporting and analytics for ...

Saxon Global

IT Compliance

Lake Forest, IL · On-site

$93K - $93K/yr

... e Analyst role are responsible for ensuring that the organization in accomplishing its objectives by bringing a disciplined approach to evaluating and improving the effectiveness of IT risk ...

Old National Bank

IST Risk Manager

Chicago, IL · On-site

$199K/yr

Additionally, this role provides independent oversight of first-line technology and information security activities, leveraging strong analytical expertise and sound risk judgment to assess ...

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It Risk Analyst information

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$14

$39

$63

How much do it risk analyst jobs pay per hour?

As of Jul 13, 2026, the average hourly pay for it risk analyst in Illinois is $39.23, according to ZipRecruiter salary data. Most workers in this role earn between $28.89 and $47.74 per hour, depending on experience, location, and employer.

What does an IT Risk Analyst do?

An IT Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization's information technology systems and data. They analyze potential threats, such as cyberattacks or data breaches, and develop strategies to minimize these risks. Their role involves working closely with other IT professionals to ensure compliance with security policies and regulatory requirements, as well as preparing risk reports and recommending improvements. Ultimately, IT Risk Analysts help organizations protect sensitive information and maintain secure, reliable IT operations.

What are the key skills and qualifications needed to thrive as an IT Risk Analyst, and why are they important?

To thrive as an IT Risk Analyst, you need a strong understanding of risk management frameworks, cybersecurity principles, and regulatory compliance—often supported by a degree in information technology or a related field. Familiarity with tools such as risk assessment software, vulnerability scanners, and certifications like CISSP or CISA is typically required. Analytical thinking, attention to detail, and effective communication are vital soft skills that distinguish top performers in this role. These competencies are crucial for accurately identifying risks, ensuring regulatory compliance, and effectively communicating findings to stakeholders.

What are some common challenges IT Risk Analysts face when collaborating with other departments?

IT Risk Analysts often work closely with various departments such as IT, compliance, and operations to identify and mitigate risks. One common challenge is translating technical risk information into terms that non-technical stakeholders can understand. Additionally, balancing the need for rigorous security measures with business objectives can sometimes lead to conflicting priorities. Effective communication and building strong relationships across teams are key to overcoming these challenges and ensuring that risk controls are both practical and effective.

What is the difference between It Risk Analyst vs Cybersecurity Analyst?

AspectIt Risk AnalystCybersecurity Analyst
CertificationsISO 27001, CISSP, CISACISSP, CEH, CompTIA Security+
Work EnvironmentFinancial, healthcare, corporate sectors focusing on risk managementIT security teams, cybersecurity firms, tech companies
Employer & Industry UsageFinancial institutions, large corporations, consulting firmsTech companies, government agencies, security firms

While both roles focus on protecting information, the It Risk Analyst primarily assesses and manages overall IT risks within organizations, emphasizing compliance and risk mitigation strategies. In contrast, the Cybersecurity Analyst concentrates on defending systems from cyber threats and attacks. Both roles often collaborate but serve distinct functions in an organization's security framework.

What are popular job titles related to It Risk Analyst jobs in Illinois? For It Risk Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching It Risk Analyst jobs in Illinois look for? The top searched job categories for It Risk Analyst jobs in Illinois are:
It Risk Analyst jobs near you
Governance & Risk Analyst

Governance & Risk Analyst

ZS

Chicago, IL • On-site

$85K - $95K/yr

Full-time

Re-posted 29 days ago

Job description

ZS is a place where passion changes lives. As a management consulting and technology firm focused on improving life and how we live it, we transform ideas into impact by bringing together data, science, technology and human ingenuity to deliver better outcomes for all. Here you'll work side-by-side with a powerful collective of thinkers and experts shaping life-changing solutions for patients, caregivers and consumers, worldwide. ZSers drive impact by bringing a client-first mentality to each and every engagement. We partner collaboratively with our clients to develop custom solutions and technology products that create value and deliver company results across critical areas of their business. Bring your curiosity for learning, bold ideas, courage and passion to drive life-changing impact to ZS.
What you'll do: Governance & Risk Analyst in the Enterprise will...
The GRC Analyst will support the organization's Governance, Risk & Compliance function with a primary focus on Third-Party Risk Management (TPRM) and Vendor Risk Assessments (VRA). This role is responsible for conducting end-to-end risk assessments of third-party vendors, identifying security, privacy, and compliance risks, and working with internal stakeholders and vendors to ensure timely risk remediation and closure.
The role requires strong analytical skills, stakeholder engagement, and familiarity with information security, privacy, and regulatory frameworks.
Key Responsibilities
Third-Party Risk Management (TPRM) & Vendor Risk Assessments (VRA)
  • Conduct end-to-end Vendor Risk Assessments (VRA) including initiation, analysis, follow-ups, and final reporting
  • Review vendor security questionnaires, supporting evidence, and contractual artifacts to assess information security, privacy, and compliance risks
  • Identify inherent and residual risks across domains such as not limited only to below:
    • Information Security
    • Data Privacy
    • Access Controls
    • Business Continuity & Disaster Recovery
    • Regulatory & Compliance requirements
  • Clearly document assessment findings, risk ratings, and remediation recommendations in risk management tools and trackers
  • Coordinate with vendors to obtain clarifications, remediation plans, and follow-up evidence for identified gaps

Stakeholder Collaboration & Governance
  • Partner with internal teams including Procurement, Legal, Information Security, Privacy, and Business Owners to support third-party onboarding and risk decisions
  • Escalate high-risk findings and delays to GRC leadership with clear summaries and recommended actions
  • Support second-level reviews and management reporting for VRAs and TPRM activities

Risk Reporting & Continuous Improvement
  • Maintain accurate risk registers, assessment trackers, and dashboards for VRA/TPRM
  • Contribute to improving TPRM frameworks, workflows, and reporting to enhance stakeholder value
  • Assist in developing and updating SOPs, templates, and guidance documents related to vendor risk management

Audit & Compliance Support
  • Support internal and external audits by providing VRA documentation, evidence, and risk summaries
  • Assist with broader GRC initiatives such as policy reviews, opportunity security risk assessments, and compliance assessments as needed

What you'll bring:
  • Bachelor's degree in computer science, Information Systems, or a related field. A relevant master's degree is a plus.
  • Proven experience of at least 2 years or more in IT risk management, governance, or a related field.
  • Strong understanding of IT risk assessment methodologies, frameworks, and industry best practices.
  • Assess vendor security posture against frameworks such as ISO 27001 / 27002, NIST, and SOC 2.
  • Familiarity with regulatory requirements (e.g., GDPR, HIPAA, PCI DSS) and their impact on IT risk management.
  • Knowledge of vendor risk management principles and practices.
  • Experience in performing process, Contract review and project security risk assessments.
  • Proficiency in using risk assessment tools and technologies.
  • Excellent analytical and problem-solving skills.
  • Strong written and verbal communication skills, with the ability to effectively communicate technical concepts to both technical and non-technical audiences.
  • Strong organizational and time management skills, with the ability to manage multiple priorities and deadlines.
  • Relevant certification such as ISO 27001:2022 LA is preferred.
  • Fluency in English
  • Client-first mentality
  • Intense work ethic
  • Collaborative spirit and problem-solving approach

How you'll grow:
  • Cross-functional skills development & custom learning pathways
  • Milestone training programs aligned to career progression opportunities
  • Internal mobility paths that empower growth via s-curves, individual contribution and role expansions

Perks & Benefits:
At ZS, your growth matters. We offer a comprehensive total rewards package that supports your health and well-being, financial future, time away, and professional development. With robust skills-building programs, multiple career progression paths, internal mobility, and a deeply collaborative culture, you'll have the opportunity to do meaningful work, expand your capabilities, and thrive as part of a global community. For details on total rewards in United States, visit ZS US office locations | Where we work | ZS.
Hybrid working model:
We are committed to giving our employees a flexible and connected way of working. A flexible and connected ZS allows us to combine work from home and on-site presence at clients/ZS offices for the majority of our week. The magic of ZS culture and innovation thrives in both planned and spontaneous face-to-face connections.
Travel:
Travel is a requirement at ZS for client facing ZSers; business needs of your project and client are the priority. While some projects may be local, all client-facing ZSers should be prepared to travel as needed. Travel provides opportunities to strengthen client relationships, gain diverse experiences, and enhance professional growth by working in different environments and cultures.
Considering applying?
At ZS, we honor the visible and invisible elements of our identities, personal experiences, and belief systems-the ones that comprise us as individuals, shape who we are, and make us unique. We believe your personal interests, identities, and desire to learn are integral to your success here. We are committed to building a team that reflects a broad variety of backgrounds, perspectives, and experiences. Learn more about our inclusion and belonging efforts and the networks ZS supports to assist our ZSers in cultivating community spaces and obtaining the resources they need to thrive.
If you're eager to grow, contribute, and bring your unique self to our work, we encourage you to apply.
ZS is an equal opportunity employer and is committed to providing equal employment and advancement opportunities without regard to any class protected by applicable law.
To complete your application:
Candidates must possess or be able to obtain work authorization for their intended country of employment. An on-line application, including a full set of transcripts (official or unofficial), is required to be considered.
NO AGENCY CALLS, PLEASE.
Find Out More At:
www.zs.com
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About ZS

Sourced by ZipRecruiter

Industry

Business management consulting

Company size

10,000+ Employees

Headquarters location

Evanston, IL, US

Year founded

1983

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