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Liquidity Risk Jobs in Illinois (NOW HIRING)

ElectronX

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

Manage liquidity risk including liquidity stress testing and contingency funding planning. * Establish robust financial controls for wire processing, cash reconciliation, and treasury operations.

Huntington

Senior Treasury Liquidity Analyst

Chicago, IL · On-site +1

$140K/yr

Address any queries from Risk Management, Internal Audit, Transaction testing and Regulators related to Liquidity Risk reports. Requirements: Bachelor's degree in Finance, Information Technology ...

Huntington

Senior Treasury Liquidity Analyst

Chicago, IL · On-site +1

$140K/yr

Address any queries from Risk Management, Internal Audit, Transaction testing and Regulators related to Liquidity Risk reports. Requirements: Bachelor's degree in Finance, Information Technology ...

Huntington

Senior Treasury Liquidity Analyst

Chicago, IL · On-site +1

$140K/yr

Address any queries from Risk Management, Internal Audit, Transaction testing and Regulators related to Liquidity Risk reports. Requirements: Bachelor's degree in Finance, Information Technology ...

Cboe Global Markets

Chief Risk Officer

Chicago, IL · On-site

Design and enhance market, credit, and liquidity risk management frameworks and implement in accordance with regulatory and company requirements * Oversee credit risk management of clearing members ...

Cboe Global Markets

Chief Risk Officer

Chicago, IL

Design and enhance market, credit, and liquidity risk management frameworks and implement in accordance with regulatory and company requirements * Oversee credit risk management of clearing members ...

BMO Capital Markets

Manager, Risk Appetite

Chicago, IL

$74K - $138K/yr

Ability to work with and interpret large data sets; experience in quantitative analysis pertaining to credit risk, market risk, liquidity risk, and or non-financial risks; understanding of Data ...

BMO Financial

Manager, Risk Appetite

Chicago, IL · On-site

$74K - $138K/yr

Ability to work with and interpret large data sets; experience in quantitative analysis pertaining to credit risk, market risk, liquidity risk, and or non-financial risks; understanding of Data ...

Deloitte

Financial Risk Manager

Chicago, IL

Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of financial services business models, products, and services * Experience in banking, digital assets, or ...

Bank of Montreal

Manager, Risk Appetite

Chicago, IL · On-site

$74K - $138K/yr

Ability to work with and interpret large data sets; experience in quantitative analysis pertaining to credit risk, market risk, liquidity risk, and or non-financial risks; understanding of Data ...

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Liquidity Risk information

What is liquidity risk?

Liquidity risk refers to the danger that an individual or organization will not be able to meet its short-term financial obligations due to the inability to convert assets into cash quickly without significant loss. In financial institutions, managing liquidity risk is crucial to ensure that there are enough liquid assets to cover withdrawals, payments, and other immediate liabilities. Effective liquidity risk management helps maintain the stability and solvency of institutions, especially during market disruptions or economic downturns.

What are the key skills and qualifications needed to thrive as a liquidity risk analyst, and why are they important?

To thrive as a Liquidity Risk Analyst, you need a solid background in finance, quantitative analysis, and risk management, often supported by a degree in finance, economics, or a related field. Familiarity with risk modeling tools, financial databases, and regulatory reporting systems, as well as certifications like FRM or CFA, is typically expected. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for interpreting data and collaborating with stakeholders. These skills ensure accurate risk assessment, regulatory compliance, and sound financial decision-making to protect an organization’s financial stability.

What are some common challenges faced by professionals working in liquidity risk management?

Professionals in Liquidity Risk management often face the challenge of rapidly changing market conditions that can impact an institution’s cash flow and funding needs. They must constantly monitor and analyze various liquidity metrics, stress scenarios, and regulatory requirements to ensure the organization maintains adequate liquidity buffers. Additionally, collaborating with multiple departments such as Treasury, Risk, and Finance is essential to gather timely data and implement effective liquidity strategies. Managing competing priorities and adapting to new regulations are also frequent challenges in this role.

What is the difference between Liquidity Risk vs Treasury Analyst?

AspectLiquidity RiskTreasury Analyst
Primary FocusManaging and assessing liquidity risk to ensure sufficient cash flowManaging company’s finances, cash flow, and banking relationships
Required CredentialsFinance, risk management certifications (e.g., FRM, CFA)Finance, accounting, or related degrees; certifications like CFA beneficial
Work EnvironmentRisk management teams within financial institutions or corporationsCorporate finance departments, banks, or investment firms
Industry UsageFinancial services, banking, investment firmsCorporations, banks, financial institutions

Liquidity Risk professionals focus on identifying and mitigating risks related to insufficient liquidity, ensuring the organization can meet its short-term obligations. Treasury Analysts handle broader financial management, including cash flow, banking relationships, and financial planning. While both roles require financial expertise and certifications like CFA, Liquidity Risk specialists are more risk-focused, whereas Treasury Analysts manage overall financial operations.

What is a liquidity risk analyst job description?

A liquidity risk analyst assesses an organization’s ability to meet short-term financial obligations by analyzing liquidity positions, cash flow forecasts, and market conditions. They use financial models and tools to identify potential liquidity shortfalls and recommend strategies to mitigate risks, often requiring knowledge of banking regulations and risk management software.
What are the most commonly searched types of Liquidity Risk jobs in Illinois? The most popular types of Liquidity Risk jobs in Illinois are:
What are popular job titles related to Liquidity Risk jobs in Illinois? For Liquidity Risk jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Liquidity Risk jobs in Illinois look for? The top searched job categories for Liquidity Risk jobs in Illinois are:
Liquidity Risk jobs near you
Infographic showing various Liquidity Risk job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution.

Head of Risk

ElectronX

Chicago, IL • On-site

$225K - $300K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 9 days ago

Job description

Who are we?
ElectronX® is the first U.S.-regulated, direct access electricity derivatives market, offering financial products to address volatile short-term price exposure to electricity. With offices in Chicago and New York City, ElectronX is building the missing financial infrastructure and risk management tools necessary to smooth the path for U.S. energy production, diversification and grid expansion in a time of rapidly increasing power demand.
ElectronX is a venture capital-backed startup supported by premier VC partners including Innovation Endeavors, Systemiq Capital, Equinor Ventures, Shell Ventures LLC, DCVC, Amplo, BoxGroup and Lightning Capital.
Who are we looking for?
As a fast-growing company in the highly competitive, quantitative capital markets industry, ElectronX values candidates who are resourceful, curious and adaptable to change. Our cultural focus on innovation requires collaborative and entrepreneurial teammates with the intellectual grit necessary for near- and long-term success.
ElectronX is building a CFTC-regulated Derivatives Clearing Organization from the ground up, and risk management is the backbone of everything we do. As we expand across all U.S. ISOs and transition to margin-based trading, we need a Head of Risk who can design the enterprise risk framework that makes it all possible. This role works in close partnership with and in support of ElectronX's Chief Risk Officer to build and execute that framework.
This isn't a role where you inherit a risk program and maintain it. You're building it. You'll define how ElectronX thinks about risk across every dimension: market, credit, counterparty, operational, and liquidity. You'll set the risk appetite for a fast-growing exchange, stand up the monitoring and surveillance infrastructure, and make sure we're not just compliant but ahead of where regulators are going.
The right person has seen risk management done well at established institutions and knows what to take from that experience and what to leave behind. You want to build a risk function that's modern, quantitative, and designed for the speed and complexity of energy markets.
What will you be doing?
Enterprise Risk Framework
  • Own the end-to-end risk management framework for the exchange and DCO.
  • Define the enterprise risk appetite and tolerance statement.
  • Build the risk governance structure including policies, procedures, and escalation frameworks.
  • Establish risk reporting to the Board, regulators, and senior leadership.
  • Develop and chair the Risk Committee.

Market & Credit Risk
  • Design and oversee margin model validation, stress testing, and back-testing programs.
  • Manage counterparty credit risk assessment and ongoing monitoring for clearing members.
  • Develop position limits, concentration risk policies, and large trader surveillance.
  • Build default fund sizing methodologies and maintain the default waterfall.
  • Own recovery and resolution planning.

Operational & Liquidity Risk
  • Stand up the operational risk program covering technology risk, business continuity, and third-party risk management.
  • Build real-time risk monitoring and surveillance systems that can scale with 24x7 trading.
  • Manage liquidity risk including liquidity stress testing and contingency funding planning.
  • Establish robust financial controls for wire processing, cash reconciliation, and treasury operations.
  • Ensure full compliance with customer funds segregation and protection requirements.

Regulatory
  • Serve as the primary risk liaison with the CFTC and other regulatory bodies.
  • Lead risk-related regulatory filings, rule submissions, and examination readiness.
  • Ensure compliance with CFTC Part 39 requirements around risk management, financial resources, and default procedures.
  • Stay ahead of evolving regulatory expectations and proactively adapt the risk framework.

Team & Stakeholders
  • Build and lead a high-performing risk management team.
  • Collaborate closely with compliance and finance on margin model design and clearing risk integration, and work cross-functionally with engineering, product, and commercial teams to embed risk thinking into business decisions.
  • Manage relationships with regulators, clearing members, and industry risk bodies.
  • Represent ElectronX in industry risk forums and working groups.
What we need from you
Technical Acumen
  • 10+ years in risk management at an exchange, CCP, FCM, or major financial institution.
  • Deep expertise in derivatives risk including margin, default management, and systemic risk.
  • Proven track record building or significantly transforming a risk function, not just maintaining one.
  • Strong regulatory relationship management, ideally with the CFTC or equivalent bodies.
  • Experience with enterprise risk governance, Board-level risk reporting, and risk committee leadership.
  • Expert quantitative skills in risk modeling, VaR, stress testing, scenario analysis, and back-testing.
  • Deep understanding of margin methodologies including SPAN, VaR-based, and historical simulation approaches.
  • Experience with real-time risk monitoring systems and surveillance technology.
  • Ability to translate risk requirements into technical specifications and work effectively with engineering teams.

The Right Mindset
  • Frameworks first: You think in frameworks, not checklists.
  • Practical rigor: You're someone who builds risk programs that are robust enough to satisfy regulators and practical enough that the business actually uses them.
  • Rigor with speed: You balance rigor with speed because you understand that in a startup, waiting for perfection means falling behind.
  • Clear communicator: You're a clear communicator who can make risk concepts accessible to the Board, to engineers, and to commercial teams.
  • Builder mentality: You want to build something from scratch and put your stamp on it.

Nice to Have
  • FRM, PRM, CFA, or equivalent certification.
  • Experience in energy or commodity risk management.
  • Background at a DCO or CCP during a launch or major expansion phase.
  • Knowledge of real-time payments, digital asset risk, or emerging market infrastructure.
  • Established relationships within the clearing and risk management community.
  • Experience with international risk frameworks and cross-border regulatory coordination.
Benefits
  • Health, vision and dental insurance
  • 401(k) match
  • Supplemental health and disability insurance
  • Unlimited vacation
  • Parental leave

Equal Opportunity Statement:
ElectronX is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.
This position is not eligible for immigration sponsorship.

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