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Junior Risk Manager Jobs in Illinois (NOW HIRING)

... risk management methodologies to provide liquidity to worldwide financial markets and hedging ... DV is looking for a Junior Quantitative Trader to join our trading desk, where you will support ...

... more junior team members; deeper expertise and applied knowledge within relevant area. Share ... Experience managing first line engagement with GRC platforms. * Deep understanding of control ...

Junior Estimator

Chicago Heights, IL · On-site

$50K - $60K/yr

Estimating Manager Position Status: Full Time GENERAL PURPOSE OF JOB: The Junior Estimator is ... Risk Identification * Communication Proficiency * Personal Effectiveness/Credibility * Microsoft ...

Junior Estimator

Chicago Heights, IL · On-site

$50K - $60K/yr

Estimating Manager Position Status: Full Time GENERAL PURPOSE OF JOB: The Junior Estimator is ... Risk Identification * Communication Proficiency * Personal Effectiveness/Credibility * Microsoft ...

Estimating Manager Position Status: Full Time GENERAL PURPOSE OF JOB: The Junior Estimator is ... Risk Identification * Communication Proficiency * Personal Effectiveness/Credibility * Microsoft ...

Junior Estimator

Chicago Heights, IL · On-site

$50K - $60K/yr

Estimating Manager Position Status: Full Time GENERAL PURPOSE OF JOB: The Junior Estimator is ... Risk Identification * Communication Proficiency * Personal Effectiveness/Credibility * Microsoft ...

Showing results 21-40

Junior Risk Manager information

See Illinois salary details

$18.4K

$50.8K

$85.3K

How much do junior risk manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for junior risk manager in Illinois is $50,837.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,900.00 and $55,700.00 per year, depending on experience, location, and employer.

What does a junior risk manager do?

A Junior Risk Manager supports the identification, analysis, and mitigation of potential risks that could impact a company's operations or financial performance. Their responsibilities often include gathering data, conducting risk assessments, preparing reports, and assisting senior risk managers with the implementation of risk management strategies. They help ensure that the organization complies with regulations and develops policies to minimize risk exposure. This role is typically entry-level and offers opportunities to learn about risk management frameworks and industry best practices.

What are the key skills and qualifications needed to thrive as a junior risk manager?

To thrive as a Junior Risk Manager, you need strong analytical abilities, attention to detail, and a background in finance, business, or risk management—often supported by a relevant bachelor's degree. Familiarity with risk assessment tools, data analysis software (such as Excel), and sometimes certifications like FRM or PRM are typically expected. Excellent communication, problem-solving, and organizational skills help you collaborate effectively and present risk findings clearly. These competencies are crucial for accurately identifying risks, supporting senior risk management decisions, and maintaining the organization's financial and operational integrity.

What is the difference between Junior Risk Manager vs Risk Analyst?

AspectJunior Risk ManagerRisk Analyst
Required CredentialsBachelor's degree in finance, risk management, or related field; certifications like FRM or CRM are a plusBachelor's degree in finance, economics, or related field; certifications like FRM are common
Work EnvironmentCorporate risk departments, financial institutions, insurance companiesFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in industries managing financial, operational, or compliance risksCommonly used in finance, banking, and insurance sectors

While both roles involve assessing and managing risks, a Junior Risk Manager typically has broader responsibilities including risk mitigation strategies and reporting, whereas a Risk Analyst focuses more on data analysis and risk assessment. The Junior Risk Manager often supervises Risk Analysts and implements risk policies, making it a more comprehensive role in risk management teams.

Do risk managers make good money?

Risk managers typically earn competitive salaries that vary based on experience, industry, and location. Entry-level risk managers can expect to start around $60,000 to $80,000 annually, with experienced professionals earning over $100,000 or more. Certifications like FRM or CRM can enhance earning potential in this field.

Is a junior risk manager a stressful job?

A junior risk manager role can involve stress due to the responsibility of identifying and mitigating financial or operational risks, often under tight deadlines and high stakes. The level of stress varies depending on the organization, workload, and support systems, but developing skills in risk assessment and using tools like risk management software can help manage pressure.

What are the most commonly searched types of Risk Manager jobs in Illinois?

The most popular types of Risk Manager jobs in Illinois are:

What job categories do people searching Junior Risk Manager jobs in Illinois look for?

The top searched job categories for Junior Risk Manager jobs in Illinois are:

Infographic showing various Junior Risk Manager job openings in Illinois as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $50,837 per year, or $24.4 per hour.

Senior Data Analyst, Risk Management and Compliance

Chicago, IL

Paul Hastings
Law Firms • 1 - 5K employees

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago


Key responsibilities

  • Gather, clean, validate, and consolidate data from Risk systems, databases, spreadsheets, APIs, and external sources.

  • Design and maintain reports, dashboards, and visualizations using tools like Excel, Power BI, SSAS, SQL, and VBA.

  • Present findings through reports and visual storytelling, and recommend data-informed actions to reduce risk exposure.


Job description

Paul Hastings is a leading international law firm that provides innovative legal solutions to many of the world's top financial institutions and Fortune Global 500 companies. With a strong presence throughout the U.S., Asia, Europe, Latin America, and the Middle East, we have the global reach and extensive capabilities to provide personalized service wherever our clients' needs take us. As one of the world's leading law firms, we seek dynamic individuals who share our commitment to service, innovation, and professional growth.

Job TitleSenior Data Analyst, Risk Management and ComplianceLocationAtlanta, Boston, Charlotte, Chicago, Dallas, Houston, New York, Washington, D.C.Regular/TemporaryRegularJob Description SummaryWe have an opening for a Senior Data Analyst, Risk Management and Compliance.
The Senior Data Analyst, Risk Management and Compliance supports Risk department reporting by collecting, analyzing, and translating data into clear insights for management, General Counsel, partners, and Risk stakeholders. The role develops reports and dashboards, maintains data integrity across Risk systems, supports automation and system initiatives, and partners with Risk, IT, and consultants to improve data-driven decision-making.Job Description

In this capacity, the Senior Data Analyst, Risk Management and Compliance will:

Data Collection and Management

  • Gather, clean, validate, and consolidate data from Risk systems, databases, spreadsheets, APIs, and external sources;

  • Partner with data owners to define reporting needs, ensure data quality, and resolve inconsistencies; and

  • Develop data models and governance practices that support Risk reporting, compliance, information governance, and operational metrics.

Data Analysis
  • Analyze complex quantitative and qualitative datasets to identify trends, risk indicators, root causes, and business insights;

  • Use SQL, stored procedures, Excel, and other tools to perform standard and ad-hoc reporting and analysis; and

  • Lead special projects that advance Risk department data maturity and reporting capabilities.

Reporting, Visualization, and Systems
  • Design and maintain reports, dashboards, and visualizations using Excel, Power BI, SSAS, SQL, VBA, or similar tools;

  • Create standardized and ad-hoc reports for leadership, General Counsel, partners, and Risk stakeholders;

  • Translate complex data into clear narratives and visuals for technical and non-technical audiences; and

  • Establish reporting templates, standards, and automation to improve consistency and efficiency.

Systems, Testing, and Project Support
  • Work with IT and consultants to define data requirements, support integrations, and test report automation or system enhancements;

  • Prepare specifications, mock-ups, documentation, and UAT support for reporting and system initiatives; and

  • Track data requests, enhancements, customizations, and service requests through completion.

Data Interpretation and Communication
  • Present findings through written reports, executive presentations, and visual storytelling;

  • Recommend data-informed actions to reduce risk exposure and improve business outcomes; and

  • Stay current on Risk Management, Firm, and Big Law reporting practices and metrics.

Collaboration and Leadership
  • Serve as a liaison among Risk, IT, Compliance, practice groups, and outside consultants on data and reporting needs;

  • Mentor junior analysts and review work for accuracy, quality, and consistency; and

  • Contribute actionable insights across Business Intake, Information Governance, Compliance, and other Risk functions.

Attention to Detail & Quality Assurance
  • Ensure accurate, high-quality analysis and reporting across deliverables;

  • Monitor data trends to identify anomalies or shifts in risk metrics; and

  • Handle confidential firm and client information with integrity, discretion, and sound judgment.

Continuous Improvement
  • Stay current on data analysis, visualization, automation, and risk-reporting tools and techniques;

  • Identify opportunities to improve reporting processes, efficiency, and data quality; and

  • Handle additional tasks and projects as assigned.

Proficiencies:

  • Strong communication skills, including the ability to explain data concepts to technical and business audiences;

  • Advanced analytical, problem-solving, and data interpretation skills;

  • Ability to manage multiple priorities independently, use sound judgment, and meet deadlines; and

  • Excellent attention to detail, accuracy, and commitment to data-driven decision-making.

Qualifications:

  • Bachelor's degree in Mathematics, Statistics, Business Analytics, Computer Science, Information Management, Business, or related field, or equivalent experience preferred;

  • 5-7 years of data analysis experience, including senior or lead analyst responsibilities;

  • Law Firm or professional services experience strongly preferred;

  • Advanced proficiency in Power BI, SQL, SSAS, VBA, and Microsoft Excel; Access and PowerPoint experience a plus;

  • Experience with systems like Intapp Open, Intapp Walls, iManage, 3E, SQL/MySQL/PL-SQL/T-SQL, and ETL or programming frameworks preferred; and

  • Experience developing data standards, reporting metrics, and mentoring or training analysts preferred.

The salary wage range for New York that we expect to pay for this position is a minimum of $101,500 and a maximum of $132,000 annually. The actual pay wage may vary based on experience or other relevant factors.

Employees will be provided with an excellent career opportunity in a collaborative environment, in addition to a generous total compensation package with the opportunity to earn bonuses based on individual contribution and firm profitability.

The actual salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held, and if applicable, the location in which the applicant lives and/or from which they will be performing the job. This role is exempt meaning it is not overtime pay eligible.

Eligible employees can participate in the Firm's comprehensive benefits program, which include the following:

  • Medical, Dental, Vision, Life/AD&D, Long Term Care, and Short- and Long-Term Disability

  • Flexible Spending Accounts and Health Savings Account

  • Healthcare Concierge and Advocacy

  • Lifestyle Spending Account

  • Voluntary 401(k) Plan and Profit Sharing

  • 10 Paid Holidays per year and a generous PTO Program

  • Family Support including Paid Parental Leave, Fertility Benefits, Breast Milk Shipping, Back-up Child Care, Elder Care, and Tutoring

  • Wellbeing programs (Employee Assistance Program, Relationship Support, Mental Health, Menopause and Midlife Health and Well-Being Events)

  • Retirement Plan Consulting

  • Anniversary Bonus Program

  • Professional Development Programs

  • Transportation and Commuter Benefits

  • International Travel Insurance

  • Critical Illness, Hospital Indemnity and Accident Insurance

  • Auto/Home/Pet Insurance

  • Prepaid Legal Insurance

  • Employee Discounts

  • And More!

The Firm fosters an open and inclusive work environment that enables us to provide clients with the innovative thinking of teams rich in talent, experience and creativity. We regularly host programs intended to increase cultural competencies and address key topics related to community, opportunity and inclusion. Learn more about our Global Inclusion initiatives here: Global Inclusion

Paul Hastings is an equal opportunity employer. Pursuant to applicable local law, we will consider qualified applicants with criminal histories in a manner consistent with the requirements of the relevant fair chance ordinance. With respect to candidates for employment in Massachusetts, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. Although Paul Hastings does not use a lie detector test in its typical application process, an employer who violates this law shall be subject to criminal penalties and civil liability.