ZipRecruiter

Log In

1

Senior Operational Risk Analyst Jobs in Chicago, IL

FINRA

Principal Analyst, Risk Monitoring

Chicago, IL · Hybrid

$112K - $211K/yr

As a Senior Risk Monitoring Analyst, you'll work at the forefront of financial regulatory oversight - engaging directly with complex, high-profile member firms, shaping regulatory intelligence, and ...

IMC

Experienced Risk Manager

Chicago, IL · On-site

... to senior leadership, and the ability to influence both day-to-day trading decisions and the ... Monitor and analyze market, credit, capital, and operational risks across IMC's portfolios

CME Group

Risk Mgmt Policy Analyst

Chicago, IL · On-site

$81K - $135K/yr

Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management ... The Risk Management Policy Analyst will be responsible for establishing and maintaining risk ...

CME Group

Risk Mgmt Policy Analyst

Chicago, IL · On-site

$81K - $135K/yr

Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management ... The Risk Management Policy Analyst will be responsible for establishing and maintaining risk ...

previous page

Showing results 41-60

All JobsOperational Risk Analyst JobsSenior Operational Risk Analyst JobsSenior Operational Risk Analyst Jobs in Chicago, IL

Senior Operational Risk Analyst information

See Chicago, IL salary details

$55.2K

$113.2K

$146.9K

How much do senior operational risk analyst jobs pay per year?

As of Aug 18, 2026, the average yearly pay for senior operational risk analyst in Chicago, IL is $113,247.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,300.00 and $141,200.00 per year, depending on experience, location, and employer.

What does a senior operational risk analyst do?

A Senior Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect an organization’s operations. They analyze internal processes, monitor compliance with regulations, and develop strategies to minimize potential losses or disruptions. In this role, they collaborate with various departments to ensure effective risk management and provide recommendations for improving controls. Their expertise helps protect the organization from financial, reputational, and operational harm.

How does a senior operational risk analyst typically collaborate with other departments to identify and mitigate risks?

A Senior Operational Risk Analyst works closely with departments such as compliance, internal audit, IT, and business units to identify, assess, and monitor operational risks. This collaboration often involves regular meetings, risk workshops, and sharing of data or incident reports to ensure all potential risks are captured and managed effectively. The analyst also helps develop and implement risk mitigation strategies, offering guidance and training to staff across teams. Effective communication and relationship-building are essential, as the role often requires balancing diverse perspectives to support the organization's risk management objectives.

What are the key skills and qualifications needed to thrive as a senior operational risk analyst, and why are they important?

A Senior Operational Risk Analyst must have strong analytical skills, in-depth knowledge of risk management frameworks, and a relevant degree such as finance, business, or risk management. Proficiency with risk assessment software, data analytics tools (like SAS or Excel), and certifications such as FRM or ORM are commonly required. Outstanding communication, attention to detail, and problem-solving abilities help them collaborate effectively and deliver actionable insights. These skills ensure accurate risk identification, effective mitigation strategies, and compliance with regulatory standards.

What is the difference between Senior Operational Risk Analyst vs Operational Risk Analyst?

AspectSenior Operational Risk AnalystOperational Risk Analyst
Required CredentialsBachelor's degree, professional certifications (e.g., ORM, FRM)Bachelor's degree, some certifications preferred
Work EnvironmentFinancial institutions, large corporations, risk management teamsFinancial firms, banks, insurance companies
Employer & Industry UsageUsed in senior roles within risk departmentsEntry to mid-level roles in risk management
Common Search & ComparisonOften compared for career progressionBase role for operational risk careers

The main difference between a Senior Operational Risk Analyst and an Operational Risk Analyst lies in experience, responsibilities, and seniority. The senior role typically involves more complex risk assessments, leadership, and strategic input, while the operational risk analyst focuses on data collection, analysis, and supporting risk management processes. Both roles are essential in financial and corporate sectors, with the senior position representing a step up in expertise and scope.

What are popular job titles related to Senior Operational Risk Analyst jobs in Chicago, IL?

For Senior Operational Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Senior Operational Risk Analyst jobs in Chicago, IL look for?

The top searched job categories for Senior Operational Risk Analyst jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Senior Operational Risk Analyst jobs?

Cities near Chicago, IL with the most Senior Operational Risk Analyst job openings:

Senior Operational Risk Analyst jobs near you
Infographic showing various Senior Operational Risk Analyst job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $113,247 per year, or $54.4 per hour.

Senior IT Risk and Compliance Analyst

Javen Technologies, Inc

Chicago, IL • On-site

Other

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Job Title: Senior IT Risk and Compliance Analyst

Duration: 6+ Months - Can be extended

Location: Chicago, IL - Hybrid

Job Description:

The Senior IT Risk and Compliance Analyst will aid in supporting the Information Technology department s adherence to the Bank s Governance, Risk & Compliance (GRC) framework, Enterprise Risk Management framework, and Sarbanes-Oxley (Sox) compliance.

Responsibilities will include but are not limited to:

  • Collaborating with IT personnel to understand operational processes and provide recommendations for improvement.
  • Identifying technology risk and aiding with developing appropriate controls and validation of controls.
  • Ensuring alignment of technology controls and processes with industry frameworks.
  • Assist with implementing continuous monitoring of IT controls and working with data for efficient control testing.
  • Perform various, as necessary related to daily monitoring, issue remediation support, external audit support, etc.
  • Ability to create dashboards and reporting, as necessary.

Qualifications and Education Requirements

  • Bachelor s degree
  • Minimum 4 years of IT audit or IT risk management experience.
  • Industry certification in Information Technology or Risk Management.
  • Demonstrated capability to perform, risk assessments, and ITtesting.
  • Knowledge of Internal Control frameworks (COSO) and Information Technology frameworks (COBIT, NIST, ISO, and ITIL.)

Preferred Skills

  • Data analysis and automation skills.
  • Experience in assessing and testing IT areas such as Security, Architecture, and IT Operations.
  • Ability to demonstrate creativity and innovation to provide fresh ideas and approaches to process improvements and control testing.
  • Ability to manage ambiguity and changing priorities.
  • Effective communication skills and ability to influence.
  • Use of Tableau, UI Path, or other tools used for automation.

Apply