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Risk Monitoring Jobs in Illinois (NOW HIRING)

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 ...

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 and Credit Group. The primary function of this role is to lead after-hours trading operations with a ...

Lead risk monitoring activities for complex and elevated-risk member firms, exercising independent judgment with the support of a Risk Monitoring Director * Identify emerging and existing risks ...

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 ...

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

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 ...

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

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 ...

Prepare detailed reports on risk profiles, risk mitigation plans, and ongoing risk monitoring ... activities for presentation to senior leadership and stakeholders. * Maintain accurate records of ...

New

Monitor client trading across multi-asset classes and create risk monitoring reports Design SQL queries and relational databases to support daily tasks and automate reports Manage team that issues ...

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Risk Monitoring information

What is risk monitoring?

Risk monitoring is the ongoing process of identifying, assessing, and tracking potential risks that could impact an organization's operations, projects, or objectives. It involves continuously reviewing risk indicators, evaluating the effectiveness of risk mitigation strategies, and ensuring that new or emerging risks are addressed promptly. Effective risk monitoring helps organizations respond quickly to threats, minimize losses, and make informed decisions to support business continuity and compliance.

What are the key skills and qualifications needed to thrive as a risk monitoring professional?

To thrive as a Risk Monitoring professional, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field, often supported by relevant certifications. Familiarity with risk management software, data analytics tools like Excel or SAS, and regulatory compliance systems is typically required. Excellent communication, problem-solving skills, and the ability to work under pressure help individuals stand out in this position. These skills are crucial for promptly identifying, assessing, and mitigating risks to protect organizational assets and ensure regulatory compliance.

What are some of the main challenges faced in a risk monitoring role, and how can a new hire successfully navigate them?

One of the main challenges in a Risk Monitoring role is keeping pace with rapidly changing regulations and emerging risks, especially in dynamic industries like finance or healthcare. New hires should focus on developing strong analytical skills and staying current with industry updates to effectively identify and assess risks. Collaboration with cross-functional teams, such as compliance, internal audit, and IT, is also essential for gathering comprehensive risk data and implementing effective mitigation strategies. Proactively communicating findings and recommendations can help build credibility and foster a culture of risk awareness across the organization.

What is the difference between Risk Monitoring vs Risk Analysis?

AspectRisk MonitoringRisk Analysis
Primary FocusOngoing tracking of risk indicators and risk environmentIdentifying, assessing, and evaluating risks
Required CredentialsCertifications like FRM, CRM, or relevant experienceCertifications like FRM, CRM, or related credentials
Work EnvironmentContinuous monitoring in finance, insurance, or compliance sectorsRisk assessment in similar industries, often involving data analysis
Employer UsageRisk departments, compliance teams, financial institutionsRisk management teams, consulting firms, financial services

While Risk Monitoring involves tracking risks over time to detect changes, Risk Analysis focuses on identifying and evaluating potential risks. Both roles often require similar credentials and work in related environments, but their core functions differ: one is ongoing oversight, the other is risk assessment and evaluation.

Do risk monitoring analysts make good money?

Risk monitoring analysts typically earn competitive salaries that vary by industry, experience, and location. Entry-level positions may start around industry average, while experienced analysts with certifications like FRM or CFA can earn higher salaries, often supplemented by bonuses and benefits. Overall, the role offers a solid income potential within financial and risk management sectors.

Is risk monitoring a good career?

Risk monitoring is a valuable career that involves identifying and assessing potential risks to an organization, often requiring skills in data analysis, attention to detail, and familiarity with risk management tools. It offers opportunities for advancement in finance, insurance, and corporate sectors, with a growing demand for professionals holding certifications like FRM or CRM. The role typically involves a structured schedule and the need for continuous learning to stay updated on industry standards.

What degree do you need to be a risk monitoring?

Risk monitoring roles typically require a bachelor's degree in fields such as finance, economics, business, or risk management. Advanced positions may prefer or require a master's degree or professional certifications like FRM or PRM. Strong analytical skills and familiarity with risk assessment tools are also important.

What cities in Illinois are hiring for Risk Monitoring jobs?

Cities in Illinois with the most Risk Monitoring job openings:

Analyst, Risk Monitoring

Wedbush

Chicago, IL

$68K - $89K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 28 days ago


Job description

Invite a friend Back to job search 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 What We Offer 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.