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Risk Operations Jobs in Chicago, IL (NOW HIRING)

Associate Manager, Risk Operations (LH-BPO)

Chicago, IL ยท Hybrid

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Associate Manager, Risk Operations Locations : Chicago | NYC | Florida| Hybrid About the Role SS&C, through our partnership with Lighthouse Investment Partners, LLC is seeking a highly motivated and ...

Qualifications Required: โ€ข 6+ years of experience in insider risk, security operations, investigations, compliance, data protection, or enterprise risk management โ€ข 2+ years of experience ...

Qualifications Required: 6+ years of experience in insider risk, security operations, investigations, compliance, data protection, or enterprise risk management 2+ years of experience managing an ...

You build and govern AI-assisted workflows that carry much of the operational load, and you develop ... Own the fraud risk strategy and the end-to-end defense architecture across the payments stack ...

Derivative Products Operations Risk Manager

Chicago, IL ยท Hybrid

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

They excel in risk management, regulatory compliance, and driving operational excellence within complex financial environments. What You'll Do * Maintain knowledge of derivative products, operational ...

Operational & Technology Risk Lead

Chicago, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

You will partner closely with Engineering, Product, Operations, Treasury, Security, Legal, and Compliance, which separately owns programs that integrate with the firm-wide operational risk framework.

The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs ...

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Showing results 1-20

Risk Operations information

See Chicago, IL salary details

$11

$27

$54

How much do risk operations jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for risk operations in Chicago, IL is $27.04, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $31.20 per hour, depending on experience, location, and employer.

What are the most common challenges faced by professionals in risk operations, and how can they be overcome?

Professionals in Risk Operations frequently encounter challenges such as rapidly evolving fraud tactics, balancing regulatory compliance with efficient operations, and managing large volumes of data for decision-making. Staying updated with the latest fraud trends and regulatory changes is essential, as is collaborating closely with compliance, customer service, and IT teams. Utilizing advanced analytics tools and ongoing training can help address these challenges, ensuring risks are identified quickly while maintaining a positive customer experience.

What is risk operations?

Risk operations refer to the processes and teams within an organization that are responsible for identifying, assessing, managing, and mitigating risks related to business activities. This can include monitoring transactions for fraud, ensuring compliance with regulations, analyzing data to detect suspicious activity, and implementing controls to protect the company from financial and reputational harm. Risk operations professionals often work closely with legal, compliance, and security teams to develop strategies and tools that minimize potential losses. Their work is essential for maintaining trust with customers and meeting regulatory requirements.

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

To thrive in Risk Operations, you need strong analytical skills, attention to detail, and a background in finance, business, or a related field, often supported by a relevant degree. Familiarity with risk management systems, data analysis tools like Excel or SQL, and sometimes certifications such as FRM or CAMS are typically required. Excellent problem-solving abilities, communication, and adaptability help you stand out in this role. These skills are vital for accurately identifying, assessing, and mitigating operational risks to protect the organization's assets and ensure regulatory compliance.

What is the difference between Risk Operations vs Risk Analyst?

AspectRisk OperationsRisk Analyst
Required CredentialsBachelor's degree, certifications like FRM or CRM often preferredBachelor's degree, certifications like FRM or CRM often preferred
Work EnvironmentOperational teams, risk management departments, often in financial institutionsAnalytical teams, risk management units, in finance and banking sectors
Employer & Industry UsageUsed across financial services, banking, insurance for risk management processesCommonly employed in finance, banking, and investment firms for risk assessment

Risk Operations and Risk Analyst roles share similar credentials and industry usage, but Risk Operations focuses on managing risk processes and systems, while Risk Analysts primarily analyze data to identify risks. Both roles are vital in financial sectors, often working closely together to ensure comprehensive risk management.

What job categories do people searching Risk Operations jobs in Chicago, IL look for?

The top searched job categories for Risk Operations jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Risk Operations jobs?

Cities near Chicago, IL with the most Risk Operations job openings:

Infographic showing various Risk Operations job openings in Chicago, IL as of August 2026, with employment types broken down into 95% Full Time, and 5% Part Time. Highlights an 90% In-person, 5% Hybrid, and 5% Remote job distribution, with an average salary of $56,234 per year, or $27 per hour.

Associate Manager, Risk Operations (LH-BPO)

SS&C

Chicago, IL โ€ข Hybrid

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 3 days ago


Job description

As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Job Description

Associate Manager, Risk Operations

Locations: Chicago | NYC | Florida| Hybrid

About the Role

SS&C, through our partnership with Lighthouse Investment Partners, LLC is seeking a highly motivated and experienced Associate Manager of Risk Operations to join our team. This position supports the client's alternative investment platform with a focus on macro strategies. This role is flexible to be based in either the client's Chicago, IL, Palm Beach Gardens, FL or New York, NY office and will report directly to the Head of Risk and Senior Manager Risk Operations. This role is ideal for candidates with strong analytical skills and a passion for financial data who are looking to grow within a dynamic and collaborative environment.

Why Join SS&C

SS&C combines proprietary technology with deep industry expertise to support complex financial and health care operations. Our teams design, implement, and operate solutions that help clients manage data, automate processes, and scale their businesses with confidence.

You will work with industry experts, modern platforms, and evolving technologies, gaining exposure to real-world operational challenges and large-scale enterprise environments.

How You Will Make an Impact

  • Assist in maintaining and enhancing investment data systems and databases;
  • Perform data validation and quality checks to ensure accuracy and consistency;
  • Support the development of dashboards and reporting tools for portfolio analysis;
  • Collaborate with colleagues to conduct research and generate insights for investment strategies;
  • Help prepare data-driven materials for internal and external presentations;
  • Take ownership of ad hoc data projects and deliver results in a timely manner;
  • Stay current with financial markets and data trends to support investment decisions.

Required Experience

  • 2-5 years of relevant experience in risk analysis, financial data, or investment operations
  • Experience working with investment risk analytics platforms such as MSCI RiskMetrics, Bloomberg MARS, or similar tools
  • Bachelor's degree in Finance, Economics, Data Science, or a related field

What Sets You Apart

  • Progress toward CFA or similar certification
  • Bachelor's degree in Finance, Economics, Data Science, or a related field
  • Excellent attention to detail and organizational skills
  • Ability to work independently and as part of a team
  • Strong communication skills, both written and verbal
  • Eagerness to learn and grow in a fast-paced environment
  • Exposure to portfolio risk metrics and scenario analysis
  • Experience with data visualization tools (e.g., Power BI, Tableau)
  • Strong proficiency in Microsoft Excel; familiarity with SQL and Python is a plus

Join SS&C, where innovation meets global opportunities. Click here to apply.

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Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

SS&C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.

Applications will be accepted on an ongoing basis until the position is filled.

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.