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Market Risk Jobs in Illinois (NOW HIRING)

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 ...

Prduction Support Engineer

Chicago, IL ยท On-site

$110 - $170/hr

Respond to and resolve business queries for the Market Risk space. * Manage the user query mailbox and ensure timely and appropriate responses. * Resolve feed and batch support items, including ...

Production Support Engineer

Chicago, IL ยท On-site

$43.25 - $56.50/hr

Respond to and resolve business queries for the Market Risk space. * Manage the user query mailbox and ensure timely and appropriate responses. * Resolve feed and batch support items, including ...

Showing results 41-60

Market Risk information

See Illinois salary details

$63K

$105K

$141K

How much do market risk jobs pay per year?

As of Sep 5, 2026, the average yearly pay for market risk in Illinois is $104,977.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,500.00 and $126,900.00 per year, depending on experience, location, and employer.

What is market risk?

Market risk refers to the possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets. This can include changes in interest rates, currency exchange rates, equity prices, or commodity prices. Market risk is inherent in any investment and is typically measured by volatility or the likelihood of market prices moving unfavorably. Managing market risk involves identifying, analyzing, and taking steps to mitigate potential losses. Professionals in market risk roles often use quantitative methods and models to assess and manage this risk for financial institutions.

What are common challenges faced by market risk professionals, and how can they be effectively managed?

Market Risk professionals often face the challenge of rapidly changing market conditions and the need to respond to unexpected volatility. Keeping up with regulatory requirements and ensuring data accuracy for risk models can also be demanding. Effective management of these challenges involves staying updated with market trends, regularly back-testing models, and collaborating closely with trading desks and compliance teams. Building strong analytical skills and maintaining open communication across departments are key to navigating the complexities of the role.

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

To thrive as a Market Risk Analyst, you need a strong foundation in quantitative analysis, financial modeling, and a relevant degree in finance, mathematics, or economics. Familiarity with risk management systems, financial databases (such as Bloomberg), and certifications like FRM or CFA are highly valued. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data and convey risks clearly to stakeholders. These abilities are crucial for accurately assessing market exposures and supporting informed decision-making in volatile financial environments.

What is the difference between Market Risk vs Credit Analyst?

AspectMarket RiskCredit Analyst
Primary FocusAssessing risks from market movements, such as interest rates, currency, and equity pricesEvaluating the creditworthiness of borrowers and assessing credit risk
Required CredentialsTypically a degree in finance, economics, or related fields; certifications like FRM or CFASimilar credentials, often CFA or credit-specific certifications
Work EnvironmentFinancial institutions, trading desks, risk management departmentsBanks, lending institutions, credit agencies
Industry UsageCommonly used in investment banks, asset managers, and hedge fundsUsed across banking, lending, and credit risk sectors

While both roles require strong financial knowledge and certifications like CFA, Market Risk professionals focus on analyzing risks from market fluctuations, whereas Credit Analysts evaluate the creditworthiness of borrowers. Both roles are vital in financial institutions but serve different risk management functions.

How to get into market risk?

To enter market risk, candidates typically need a bachelor's degree in finance, economics, or a related field, along with strong analytical skills and knowledge of financial markets. Relevant certifications such as the Financial Risk Manager (FRM) or Professional Risk Manager (PRM) can enhance prospects, and experience with risk management tools and quantitative analysis is valuable.

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

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

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

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

Infographic showing various Market Risk job openings in Illinois as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $104,977 per year, or $50.5 per hour.

Grain Purchaser

Confidential Biotech Company

East Saint Louis, IL โ€ข On-site

Other

Medical, Dental, Vision, Retirement, PTO

This job post hasย expired today.ย Applications are no longer accepted.


Job description

Job Description
Job Description

Position Summary

The Grain Purchaser is responsible for sourcing, negotiating, and procuring grain (primarily corn) to support continuous ethanol plant operations. This role works closely with local producers, elevators, and suppliers to ensure a reliable, cost-effective grain supply while managing market risk and maintaining strong supplier relationships.

Key Responsibilities


  • Procure corn and other feedstocks required for ethanol production at competitive prices
  • Develop and maintain relationships with local farmers, grain elevators, and suppliers
  • Negotiate purchase contracts, including spot and forward agreements
  • Monitor grain markets, basis levels, and supply/demand trends to inform purchasing decisions
  • Coordinate grain deliveries with logistics, scale house, and plant operations to ensure consistent supply
  • Manage grain inventory levels and track inbound shipments
  • Ensure grain quality meets plant specifications; coordinate testing and resolve quality issues
  • Maintain accurate records of contracts, deliveries, and pricing
  • Collaborate with accounting on invoice verification and settlements
  • Support hedging strategies in coordination with management to mitigate market risk
  • Stay informed on industry trends, weather impacts, and agricultural developments affecting supply
  • Ensure compliance with company policies, contracts, and regulatory requirements

Qualifications


  • Bachelorโ€™s degree in Agriculture, Agribusiness, Economics, or related field preferred
  • 2โ€“5 years of experience in grain merchandising, procurement, or commodity trading preferred
  • Knowledge of grain markets, futures, and basis trading
  • Strong negotiation and relationship-building skills
  • Ability to analyze market data and make informed purchasing decisions
  • Proficiency in Microsoft Excel and familiarity with grain accounting or ERP systems
  • Strong organizational and time-management skills

Preferred Skills


  • Experience working in ethanol, biofuels, or grain handling operations
  • Familiarity with risk management and hedging tools (e.g., futures and options)
  • Understanding of logistics, trucking, and rail coordination
  • Strong communication skills for working with producers and internal teams

Working Conditions


  • Combination of office and field work, including visits to farms, elevators, and grain facilities
  • May require extended hours during harvest or periods of market volatility
  • Occasional travel within the regional procurement area

Physical Requirements


  • Ability to work in both office and outdoor environments
  • Occasional lifting up to 25 lbs
  • Ability to navigate uneven terrain at farms and grain facilities

Compensation & Benefits


  • Competitive salary with potential performance-based incentives
  • Health, dental, and vision insurance
  • 401(k) with company match
  • Paid time off and holidays