ZipRecruiter

Log In

1

Operations Risk Analyst Jobs in Chicago, IL (NOW HIRING)

Geneva Trading

Risk Analyst

Chicago, IL · On-site

$95K - $150K/yr

We are seeking a dynamic on-site Risk Analyst to join our proprietary trading firm. This role is ... Collaborate closely with traders, operations, and technology teams. * Interpret trading behavior ...

Chubb

Vendor Risk Analyst

Chicago, IL · On-site +1

The Vendor Risk Management Analyst will be responsible for assessing, monitoring, and mitigating ... This role plays a critical part in safeguarding the organization's operations, data, and reputation ...

CME Group

Clearing Deliveries & Risk Analyst

Chicago, IL · On-site

$27.69 - $46.15/hr

As a Clearing Deliveries & Risk Analyst, you will step into a pivotal role, monitoring the ... What You'll Do * Orchestrate Delivery Operations: Take command of daily delivery processes ...

Citizens

Third Party Risk Analyst

Chicago, IL · On-site

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

Citizens

Third Party Risk Analyst

Chicago, IL · On-site

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

Scalence L.L.C.

Finance Risk Analyst

Chicago, IL · On-site

Scalence L.L.C. is seeking a Finance Risk Analyst who can thrive in a high-pressure trading ... efficient operations. Responsibilities : • First point of contact for business requests and ...

Chubb

Director, Enterprise Risk Management

Chicago, IL

$98.40K - $167.30K/yr

This position requires significant involvement with analysis and reporting of risks and key controls to mitigate operational risks to the organization. The Director, Risk Management will assume a ...

Experis

Finance Risk Analyst (2nd Shift)

Chicago, IL · On-site

As a Finance Risk Analyst (2nd Shift), you will be an integral part of the Risk Management Department supporting critical trading operations. The ideal candidate will demonstrate resilience ...

Wedbush Securities

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 ...

Wedbush

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 ... The primary function of this role is to lead after-hours trading operations with a focus on client ...

Robinhood

Senior Financial Risk Analyst

Chicago, IL · On-site

$111K - $130K/yr

... risk models, forecasting key balance sheet items and providing deep dive analysis into financial ... You are the perfect mix of analytical, technical, operational, and creative. You are a clear ...

next page

Showing results 1-20

People also search for

All JobsOperations Risk Analyst JobsOperations Risk Analyst Jobs in Chicago, IL

Operations Risk Analyst information

See Chicago, IL salary details

$40.2K

$88.5K

$159.8K

How much do operations risk analyst jobs pay per year?

As of May 28, 2026, the average yearly pay for operations risk analyst in Chicago, IL is $88,497.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,500.00 and $107,700.00 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 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 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 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 are popular job titles related to Operations Risk Analyst jobs in Chicago, IL? For Operations Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Operations Risk Analyst jobs in Chicago, IL look for? The top searched job categories for Operations Risk Analyst jobs in Chicago, IL are:
Operations Risk Analyst jobs near you
Onboarding & Risk Analyst - Currency Management

Onboarding & Risk Analyst - Currency Management

Mesirow Financial

Chicago, IL

$80K - $120K/yr

Full-time

Posted 22 days ago

Job description

The Opportunity:

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services. 

We are seeking an Onboarding & Risk Analyst in Mesirow’s Currency Management business responsible for client and account onboarding while ensuring robust risk management, regulatory compliance, and operational readiness across investment portfolios. This role partners across teams to establish trading infrastructure, oversee risk exposure, and maintain strong controls.

Responsibilities:

  • Risk Assessment & Oversight: Identify and monitor market, credit, and liquidity risks; ensure portfolios remain within limits, mandates, and risk appetite.
  • Operational Risk & Controls: Implement controls to mitigate operational risks, ensure data integrity, and audit readiness.
  • Documentation & Agreements: Manage negotiation and execution of legal agreements (ISDA, CSA, clearing agreements).
  • Counterparty Coordination: Liaise with brokers, custodians, and counterparties to establish accounts, connectivity, and trading readiness.
  • Regulatory Compliance: Oversee onboarding and ongoing compliance with regulations such as Dodd-Frank and EMIR, including reporting and margin requirements.
  • Operational Readiness: Coordinate with Legal, Compliance, Operations, Portfolio Management, and Trading to onboard accounts, test workflows, and ensure systems are ready for trading.

Requirements:

  • Bachelor’s degree required in relevant discipline
  • Self-starter challenged by ability to take on new initiatives and work independently.
  • Focused and organized with superior problem-solving skills, strong attention to detail is critical in this role
  • Proactively seek out process improvement opportunities and efficiencies
  • Advanced Excel skills. Ability to program in SQL and/or Python is desired.
  • Proficiency with mathematics, and familiarity with financial calculations
  • Must be able to handle multiple priorities effectively and with a high degree of accuracy and independence
  • Strong organizational, verbal, and written communication skills, with a proactive approach to problem-solving and collaboration
  • Experience working with global custodian banks
  • 3-5 years of experience in derivatives operations and collateral management, with a solid understanding of trade processing, settlement, and regulatory requirement in investment operations, risk management, or onboarding within asset management or financial services

In accordance with the Illinois Transparency Law the anticipated hiring base salary for the role will be between $80,000 and $120,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a commission and discretionary performance bonus and the Mesirow benefit program.

EOE

Apply