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Operations Risk Analyst Jobs in Illinois (NOW HIRING)

Analyst, Risk Monitoring

Chicago, IL ยท 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 ...

Risk and Safety Analyst Do you get a kick out of helping businesses run safer, smarter, and ... Real pride in helping others, from small businesses to large operations * Enjoy being out in the ...

Risk Management Specialist

Chicago, IL ยท Hybrid

$50 - $60/hr

Background as a Compliance Analyst, Risk Analyst, Legal Operations professional, or Paralegal preferred. * Experience managing projects and driving process improvements. * Strong analytical ...

Risk & Loss Prevention Analyst

Quincy, IL ยท On-site

$60K - $90K/yr

This role collaborates with Finance, Operations, HR and IT, ensuring strong internal controls ... analytics to reduce risk * Experience in multi-location retail or multi-format environments

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Showing results 1-20

Operations Risk Analyst information

See Illinois salary details

$37.8K

$83.2K

$150.2K

How much do operations risk analyst jobs pay per year?

As of Jun 23, 2026, the average yearly pay for operations 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 are the key skills and qualifications needed to thrive as an Operations Risk Analyst, and why are they important?

To thrive as an Operations Risk Analyst, you need strong analytical skills, attention to detail, and a background in finance, risk management, or a related field, often supported by a relevant degree. Familiarity with risk assessment tools, data analysis software (such as Excel, SAS, or Python), and sometimes certifications like FRM or ORM are typically required. Excellent problem-solving abilities, communication skills, and the ability to work collaboratively with cross-functional teams distinguish top performers. These skills and qualities are crucial for accurately identifying, evaluating, and mitigating operational risks that can impact organizational performance and compliance.

What is the difference between Operations Risk Analyst vs Compliance Analyst?

AspectOperations Risk AnalystCompliance Analyst
Required CredentialsBachelor's in finance, risk management, or related field; certifications like FRM or CRMBachelor's in law, finance, or related; certifications like CCEP or CRCM
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial services, banking, regulatory agencies
Employer & Industry UsageFocuses on identifying and mitigating operational risks within organizationsEnsures adherence to laws and regulations, managing compliance risks

The Operations Risk Analyst and Compliance Analyst roles share overlapping skills in risk assessment and industry knowledge but differ in focus. The Operations Risk Analyst concentrates on operational and financial risks within organizations, while the Compliance Analyst emphasizes regulatory adherence and legal risk management. Both roles are vital in financial sectors and often collaborate to ensure organizational stability and compliance.

What does an Operations Risk Analyst do?

An Operations Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect a company's day-to-day operations. They analyze business processes, review compliance with regulations, and develop strategies to minimize operational losses. Their work helps ensure that an organization can operate efficiently while reducing the likelihood of disruptions or financial losses due to internal or external risks.

What are some common challenges faced by Operations Risk Analysts, and how can they be addressed effectively?

Operations Risk Analysts often encounter challenges such as identifying emerging risks in rapidly changing business environments and ensuring compliance with evolving regulations. Managing large volumes of data and collaborating across multiple departments to gather accurate information can also be demanding. To address these challenges, it's important to stay updated on industry best practices, utilize risk management software, and maintain strong communication with cross-functional teams. Building strong analytical and interpersonal skills will help you navigate these complexities and contribute to creating robust risk mitigation strategies.
What cities in Illinois are hiring for Operations Risk Analyst jobs? Cities in Illinois with the most Operations Risk Analyst job openings:
Infographic showing various Operations Risk Analyst job openings in Illinois as of June 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 83% Physical, 7% Hybrid, and 10% Remote job distribution, with an average salary of $83,181 per year, or $40 per hour.
Analyst, Risk Monitoring

Analyst, Risk Monitoring

Wedbush Securities

Chicago, IL โ€ข On-site

$68K - $89K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago


Job description

Job Description
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.
Our Chicago office is hiring an experienced Supervisor, Risk Monitoring Analyst to join our Risk and Credit Group. The primary function of this role is to lead after-hours trading operations with a focus on client activity, risk oversight, and platform support on the Coinbase Exchange. This is a full-time position that requires flexible availability to report into the office on weekends for overnight shifts (9:00PM to 1:00AM CST).
Responsibilities include, but are not limited to:
  • Monitor client trading and margin usage on both individual and exchange-wide levels
  • Facilitate client requests, including limit changes and account support
  • Utilize risk platforms to track P&L, margin, and exposure metrics
  • Provide timely market updates throughout the trading session
  • Escalate risk or operational concerns to the Head of Risk and leadership
  • Coordinate team schedules and assign after-hours shift responsibilities
  • Develop technical skills and deepen platform expertise over time
  • Collaborate with team members to ensure full trading coverage and support
  • Respond to client inquiries promptly and professionally
  • Perform other tasks and duties as assigned and required

Experience and Skills
  • Bachelor's Degree from an accredited university, preferably in Business Administration or other related field
  • Minimum 3+ years of experience in trading, operations, or risk management within financial services
  • Strong understanding of crypto markets, especially exchange-based trading (Coinbase experience a plus)
  • Prior experience monitoring client activity, margin usage, or managing risk in a trading environment
  • Familiarity with risk management systems and P&L monitoring tools
  • Ability to interpret market conditions and communicate updates clearly
  • Experience managing or coordinating teams and shift schedules preferred
  • Moderate technical proficiency, with the ability to learn and adapt to new platforms quickly
  • Excellent written and verbal communication skills

Job Benefits
As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.
  • Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
  • Health Savings Account with company-sponsored contributions
  • Flexible Spending Accounts (FSA) traditional and dependent care
  • Pre-Tax Commuter Benefits
  • 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
  • Tuition reimbursement up to $5,250/year
  • 3 weeks of Paid Time Off
  • 2 weeks of Paid Sick Time (may vary by location)
  • 10 Paid Holidays
  • Charitable Donation Matching Contributions
  • Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)
  • FINRA License Sponsorship
  • Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $68,000 to $89,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.
Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview
This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.