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Security Risk Analyst Jobs in Illinois (NOW HIRING)

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Security Risk Analyst information

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$10

$48

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How much do security risk analyst jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for security risk analyst in Illinois is $48.85, according to ZipRecruiter salary data. Most workers in this role earn between $39.62 and $58.22 per hour, depending on experience, location, and employer.

What does a security risk analyst do?

A Security Risk Analyst is responsible for identifying, assessing, and mitigating risks to an organization's information systems and data. They analyze security measures, conduct vulnerability assessments, and recommend strategies to protect against threats such as cyberattacks, data breaches, and unauthorized access. Their work helps ensure that a company's digital assets remain safe and compliant with industry regulations. Security Risk Analysts collaborate with IT teams and management to implement effective security policies and respond to incidents as needed.

What are the key skills and qualifications needed to thrive as a security risk analyst?

To thrive as a Security Risk Analyst, you need a strong background in risk assessment, information security principles, and analytical thinking, often supported by a degree in cybersecurity, IT, or a related field. Familiarity with risk management frameworks (such as NIST or ISO 27001), security assessment tools, and certifications like CISSP or CISM is highly valuable. Excellent communication, attention to detail, and problem-solving abilities help you translate complex risks for varied stakeholders and drive mitigation strategies. These skills and qualities are crucial for identifying vulnerabilities, minimizing threats, and maintaining organizational security and compliance.

What are some common challenges security risk analysts face when collaborating with other departments?

Security Risk Analysts often work closely with IT, compliance, and business units to assess and mitigate risks. A common challenge is bridging the gap between technical security requirements and business objectives, as not all stakeholders may have a cybersecurity background. Effective communication and education are key to ensuring that risk recommendations are understood and adopted. Additionally, prioritizing risks with limited resources and balancing security with operational needs can be complex, requiring strong collaboration and negotiation skills.

What is the difference between Security Risk Analyst vs Security Analyst?

AspectSecurity Risk AnalystSecurity Analyst
CertificationsCompTIA Security+, CISSP, CISACompTIA Security+, CISSP, CEH
Work EnvironmentRisk assessment, vulnerability analysis, policy developmentMonitoring security systems, incident response, security audits
Employer & Industry UsageFinancial, healthcare, government sectors focusing on risk mitigationIT departments across various industries focusing on security operations

While both roles focus on cybersecurity, Security Risk Analysts primarily assess and manage potential security threats and vulnerabilities, emphasizing risk mitigation strategies. Security Analysts tend to monitor security systems, respond to incidents, and ensure ongoing security measures. Both roles often require similar certifications and work environments but differ in their core responsibilities within cybersecurity teams.

What is a security risk analyst?

A security risk analyst is a professional who identifies, assesses, and mitigates security threats to an organization’s information systems. They analyze vulnerabilities, develop security strategies, and often use tools like risk assessment frameworks and security software to protect data and infrastructure.
What job categories do people searching Security Risk Analyst jobs in Illinois look for? The top searched job categories for Security Risk Analyst jobs in Illinois are:
What cities in Illinois are hiring for Security Risk Analyst jobs? Cities in Illinois with the most Security Risk Analyst job openings:
Infographic showing various Security Risk Analyst job openings in Illinois as of August 2026, with employment types broken down into 79% Full Time, and 21% Contract. Highlights an 79% In-person, 5% Hybrid, and 16% Remote job distribution, with an average salary of $101,600 per year, or $48.8 per hour.

Sr. Cybersecurity Operational Risk Officer

Keybank

Chicago, IL • On-site

$103K - $132K/yr

Full-time

Re-posted 11 days ago


KeyBank rating

8.2

Company rating: 8.2 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

52nd of 170 rated banks


Job description

Location:

4910 Tiedeman Road, Brooklyn Ohio

About the Job

Reporting to the Director of Cybersecurity Risk Oversight, the Sr. Cybersecurity Risk Oversight Professional is a 2nd Line of Defense risk management position that provides independent oversight and Risk Management subject matter expertise to 1st Line of Defense Business Units and their corresponding Business Risk Teams.

This position is responsible for Cybersecurity and Information Security Risk Oversight of the Key Technology Services line of business, as well as technology and information security risk oversight for areas of the enterprise that manage technology, data and AI/ML systems. As part of this oversight role, experience with cybersecurity domains - including security operations, network and cloud security architecture, identity and access management, and cyber defenses - along with emerging AI security risk and AI governance frameworks. Candidates should have a background and proven, ability to identify material risks, provide credible challenge and assist in developing effective mitigation strategies.

Essential Functions

Evaluate risk and control identification within key processes and perform gap assessments on control coverage as well as first line of defense identification processes

Collaborate and independently foster relationships with leaders to gain insights on cybersecurity posture, emerging cyber and AI-related risks and strategic technology initiatives, identifying opportunities to mitigate risk.

Evaluate and monitor security portfolio, strategic initiatives, including AI adoption and deployments, and new and emerging technologies to ensure alignment with cyber risk appetite and business goals.

Review cybersecurity processes, risks and controls, and conduct targeted assessments to support effective oversight and compliance with enterprise risk management requirements.

Provide expert advice on cybersecurity and AI risk management practices, offering practical solutions to mitigate identified risks.

Analyze and assess cybersecurity and AI-related risks associated with new products or services including third parties.

Assist with cybersecurity and technology audits and regulatory examinations, ensuring thorough and timely responses to inquiries and findings.

Escalate and report any significant risk issues and facilitate appropriate corrective actions.

Perform ongoing monitoring of emerging cyber and AI-related risks and industry and regulatory trends.

Required Qualifications

Bachelor's degree in cybersecurity, information systems, computer science, business or related field, or commensurate/relevant degree is required.

Minimum 8 years industry experience in Cybersecurity Risk, Information Security Risk, Technology Risk or External/Internal Security Audit.

Practical knowledge of cybersecurity domains such as security operations, cyber defenses, identity and access management, network/cloud security architecture.

Functional knowledge with AI/ML security risk concepts (e.g., AI governance, data security, adversarial threats).

Outstanding active listening skills with the ability to synthesize complex information or processes.

Demonstrated ability to work with internal and external auditors and regulators.

Ability to think strategically coupled with the ability to independently drive executionto closure.

Ability to view risk holistically within a dynamic, fast-paced team environment

In-depth practical knowledge of cybersecurity and technology controls, risk assessments and applicable techniques for implementation of compliance and regulatory requirements.

Manage workflows and task assignments simultaneously to ensure timely completion of work

Have an execution-oriented, process efficiency and continuous improvement mindset

Possessing intellectual curiosity and a passion for seeking to understand

Proven ability to have, maintain, and establish strong contacts within the industry so as to be aware of current industry issues and practices

Licenses and Certifications

Applicable certifications such as:

o ISACA: CISA, CRISC, CET, CGEIT, CISM

o ISC2: CISSP, CCSP, SSCP

o Cloud Security Alliance Certs: CCAK

o Cloud Provider-Specific Certifications

Preferred Qualifications

BS or Masters in Technology or Security related field

Current and practical knowledge of Technology and/or Information Security activities, challenges, and workflows

Additional industry certifications such as those listed above

MBA, Law Degree or other relevant advanced education

Foundational knowledge of Archer GRC preferred

Project management, Agile experience preferred

Tactical Skills

Demonstrated experience working with regulatory agencies, guidelines and requirements

Strong ability to work with all levels of management within the company

Experience working/managing projects across multiple functional areas and dealing with multiple business partners

Experience working on initiatives that require strategic planning/thinking

Flexibility to switch priorities based on the needs of the company in a fast-paced environment

Ability to grasp complex processes quickly and be able to identify risks and compensating controls

Excellent problem-solving abilities and results oriented; able to make decisions independently

Proven ability to work as a team

Strong leadership skills and ability to influence others

Sound understanding of compliance and operational risks and internal control frameworks

Strong analytical/research skills coupled with ability to effectively summarize findings

Excellent oral, written and interpersonal skills

Ability to adapt to change and communicate changing requirements

Excellent organizational skills and meticulous attention to detail

Self-motivated

Proficient PC skills with experience in Microsoft Office, Outlook and, SharePoint


Personal Skills

Adaptability: Demonstrates a willingness to listen to other opinions and adjusts to new or changing assignments, processes, and people while avoiding snap reactions

Agile Mindset: Explains specific agile processes and its associated checkpoints and deliverables and applies major agile tools and techniques to accomplish tasks; understands that failures/defects equate to new learnings

Collaboration: Demonstrates experience in participating in productive collaborative processes that help solve business problems and meet business goals

Problem Solving: Demonstrates the ability to examine a specific problem and understand the perspective of stakeholders; uses fact-finding techniques to identify and document specific problems


Practical Skills

Business Acumen: Participates in business tasks to get things done in own business unit and communicates key considerations for business decision-making processes

Data Analysis: Identifies correlations that reveal trends and determine conditions, often with disparate data sets; Evaluates the quality of data collected and the effectiveness of data analysis methods for evaluating performance

Oral & Written Communication: Possesses the ability to adapt listening and facilitation style to others' communication styles and uses various approaches appropriately and effectively

Risk Management: Implements or manages risk management for own business unit and documents key steps of the risk management process and associated procedures

Systems Thinking: Analyzes the dynamics of a system to determine key characteristics, properties, and functions; surfaces problems within systems and searches for root causes while leveraging a foundational knowledge of continuous improvement

Core Competencies

All KeyBank employees are expected to demonstrate Key's Values and sustain proficiency in identified Leadership Competencies.


Physical Demands

General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.


Travel

Occasional travel to include overnight stay.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 09/04/2026 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

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About KeyBank

Sourced by ZipRecruiter

Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US

Year founded

1849