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Operational Risk Analyst Jobs in Illinois (NOW HIRING)

Senior IT Risk Analyst

Rosemont, IL · Hybrid

$98K - $110K/yr

You'll play a direct role in protecting the company from major financial and operational loss ... Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership ...

Risk Analysts

Campus, IL · On-site

$50K - $60K/yr

Details Open Date 08/25/2026 Requisition Number PRN46010B Job Title Risk Analysts Working Title ... This position provides administrative, operational, and professional support to the Director and ...

Technology Risk & Governance Analyst Want to help develop how a global organization handles its ... Track approvals, action items, remediation efforts, and operational requirements through completion.

Risk Analysts

Campus, IL · On-site

$50K - $60K/yr

Details Open Date 08/25/2026 Requisition Number PRN46010B Job Title Risk Analysts Working Title ... This position provides administrative, operational, and professional support to the Director and ...

Risk Analyst/Data Analyst

Chicago, IL · On-site

$85K - $100K/yr

... activities to drive operational excellence and continuous improvement. Responsibilities ... Interacting with desk-facing risk teams and front office * Supporting setup of new trading products

... activities to drive operational excellence and continuous improvement. Responsibilities ... Interacting with desk-facing risk teams and front office * Supporting setup of new trading products

Risk Analysts

Campus, IL · On-site

$50K - $60K/yr

Details Open Date 08/25/2026 Requisition Number PRN46010B Job Title Risk Analysts Working Title ... This position provides administrative, operational, and professional support to the Director and ...

Sr. Cybersecurity Operational Risk Officer

Chicago, IL · On-site

$103K - $132K/yr

Essential Functions Evaluate risk and control identification within key processes and perform gap ... Analyze and assess cybersecurity and AI-related risks associated with new products or services ...

Our Chicago office is hiring an experienced Supervisor, Risk Monitoring Analyst to join our Risk ... The primary function of this role is to lead after-hours trading operations with a focus on client ...

Analyst, Risk Monitoring

Chicago, IL · On-site

$68K - $89K/yr

Our Chicago office is hiring an experienced Supervisor, Risk Monitoring Analyst to join our Risk ... Escalate risk or operational concerns to the Head of Risk and leadership * Coordinate team ...

Showing results 41-60

Operational Risk Analyst information

See Illinois salary details

$37.8K

$83.2K

$150.2K

How much do operational risk analyst jobs pay per year?

As of Sep 15, 2026, the average yearly pay for operational risk analyst in Illinois is $83,181.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,500.00 and $101,300.00 per year, depending on experience, location, and employer.

What does an operational risk analyst do?

An Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact a company's day-to-day business operations. They analyze processes, policies, and systems to detect potential operational failures or weaknesses. Their role often includes developing risk management strategies, monitoring risk indicators, and helping to ensure compliance with regulatory standards. They also work closely with other departments to implement best practices and improve overall risk awareness.

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

To thrive as an Operational Risk Analyst, you need a solid background in risk management, data analysis, and business processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, governance frameworks, and systems like GRC (Governance, Risk, and Compliance) platforms or Excel is commonly required, and certifications such as FRM or CRM are advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you identify risks and collaborate with stakeholders across the organization. These skills ensure accurate risk identification and mitigation, safeguarding the organization's assets and reputation.

What are some common challenges faced by operational risk analysts, and how can these be effectively managed?

Operational Risk Analysts often face challenges such as identifying emerging risks, effectively communicating findings to stakeholders, and ensuring compliance with evolving regulations. Managing these challenges involves staying up-to-date with industry best practices, developing strong analytical and communication skills, and collaborating closely with other departments like compliance, IT, and internal audit. Building robust risk assessment frameworks and fostering a culture of transparency within the organization are also key to success in this role.

What is the difference between Operational Risk Analyst vs Credit Risk Analyst?

AspectOperational Risk AnalystCredit Risk Analyst
Required CredentialsBachelor's degree in finance, risk management, or related field; certifications like FRM or CRMBachelor's degree in finance, economics, or related; certifications like CFA or FRM
Work EnvironmentFinancial institutions, banks, insurance companies; focus on internal processesBanking, lending institutions; focus on borrower creditworthiness
Employer & Industry UsageUsed across banking, insurance, and investment firms for risk mitigationPrimarily in banking and lending sectors for credit assessment
Common Search & Comparison IntentUnderstanding risk management roles within financial firmsAssessing credit risk and loan approval processes

Operational Risk Analysts focus on internal processes and operational hazards within financial institutions, while Credit Risk Analysts evaluate the creditworthiness of borrowers. Both roles require similar credentials and are vital in risk management but serve different aspects of financial risk assessment.

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

The most popular types of Operational Risk Analyst jobs in Illinois are:

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

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

What cities in Illinois are hiring for Operational Risk Analyst jobs?

Cities in Illinois with the most Operational Risk Analyst job openings:

What are popular job titles related to Operational Risk Analyst jobs in IL?

For Operational Risk Analyst jobs in IL, the most frequently searched job titles are:

Infographic showing various Operational Risk Analyst job openings in Illinois as of August 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $83,181 per year, or $40 per hour.

Senior IT Risk Analyst

Rosemont, IL • Hybrid

Wintrust
Finance and Insurance • 5 - 10K employees

$98K - $110K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 28 days ago


Wintrust rating

8.0

Company rating: 8.0 out of 10

Based on 20 frontline employees who took The Breakroom Quiz


Job description

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol "WTFC."

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and discretionary or incentive bonus eligible
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
  • Promote from within culture

Why join this team?

  • This position has the opportunity to interface with and have a positive impact on multiple areas of Wintrust's business
  • We hold ourselves accountable to high standards, share wins, operate ethically, and have fun
  • This team touches every IT process across the organization, you'll gain exposure to new technologies and initiatives as they're evaluated for risk.
  • You'll play a direct role in protecting the company from major financial and operational loss, while continually growing in your knowledge of Wintrust's evolving technology landscape.

Position Overview

The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership in maintaining a strong, healthy audit culture across IT globally. This role applies industry best practices and regulatory requirements to IT audit-related activities, while also contributing to the broader IT risk and controls landscape. You'll serve as a key liaison during audits and regulatory exams, coordinating across internal and external stakeholders and helping ensure the organization is well-prepared and well-represented. This is a hybrid role, reporting directly to the Principal IT Risk Analyst Manager.

What You'll Do

  • Lead audit and regulatory examination facilitation efforts by coordinating activities, fostering collaboration, and advocating between internal and external auditors, regulatory examiners, and key stakeholders.
  • Assist leadership in designing and developing appropriate performance metrics for audit related efforts.
  • Review submitted audit artifacts for completeness and provide effective challenge where appropriate.
  • Participate in mentoring and coaching IT team members, as well as inter-departmental partners, in educating on related IT audit related matters and processes.
  • Periodic execution of internal testing to validate IT controls beyond the audit facilitation function.
  • Mapping of technology risk and control library inventory utilizing Industry standard IT risk frameworks.

Qualifications

  • 5 - 8 years of experience in IT Risk Analysis.
  • Demonstrated experience with IT Governance, IT-related risk, and IT Risk Management.
  • Proficiency in Microsoft Office, Egnyte, and SharePoint.
  • Bachelors degree preferred.
  • CRISC or CISA certification, a plus.
  • Prior experience in financial services/banking or other regulated industry.
  • Working knowledge of IT risk frameworks.

Benefits

Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long-term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance

Compensation

The estimated salary range for this role is $98,000.00 - $110,000.00, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.


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