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Senior Operational Risk Analyst Jobs in Niles, IL

DV Trading

Operational Risk Manager

Chicago, IL · On-site

$175K - $225K/yr

DV is looking for an Operational Risk Manager who has worked close to a trading business ... Strong analytical and problem-solving skills * Strong verbal and written communication * Ability to ...

SageSure

Senior Catastrophe Risk Analyst

Chicago, IL · On-site

SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Catastrophe Risk Analyst. In this role, you'll play a critical part in advancing the scientific, statistical, and ...

Adyen

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

Triwill Group

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

Adyen

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

DV Trading

Operational Risk Manager

Chicago, IL · On-site

$175K - $225K/yr

DV is looking for an Operational Risk Manager who has worked close to a trading business ... Strong analytical and problem-solving skills * Strong verbal and written communication * Ability to ...

Adyen

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

Prepare reports and presentations for senior management, highlighting risk exposure and mitigation ... Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL

$72K - $90K/yr

Prepare reports and presentations for senior management, highlighting risk exposure and mitigation ... Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ...

Wintrust

Senior IT Risk Analyst

Rosemont, IL · Hybrid

$98K - $110K/yr

You'll play a direct role in protecting the company from major financial and operational loss ... Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership ...

Wintrust

Senior IT Risk Analyst

Rosemont, IL · On-site

$98K - $110K/yr

You'll play a direct role in protecting the company from major financial and operational loss ... Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership ...

TEKsystems

TPRM Continuous Monitoring Analyst

Chicago, IL · On-site

$60 - $64/hr

... operational resilience, and compliance. The analyst leverages risk intelligence tooling (e.g ... Supply Wisdom and Black Kite) to detect material changes in vendor risk, triage alerts, and drive ...

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Showing results 21-40

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

Senior Operational Risk Analyst information

See Niles, IL salary details

$53.2K

$109.3K

$141.8K

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

As of Sep 9, 2026, the average yearly pay for senior operational risk analyst in Niles, IL is $109,332.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,100.00 and $136,400.00 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 cities near Niles, IL are hiring for Senior Operational Risk Analyst jobs?

Cities near Niles, 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 Niles, IL as of August 2026, with employment types broken down into 81% Full Time, 17% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $109,332 per year, or $52.6 per hour.

Operational Risk Manager

Chicago, IL • On-site

DV Trading
Finance and Insurance • 201 - 500 employees
Learn more about DV Tradingexternal

$175K - $225K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago

Job description

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
Overview:
DV is looking for an Operational Risk Manager who has worked close to a trading business, understands how trading controls operate in practice, and is comfortable independently investigating issues and driving work across multiple teams. This role focuses on market access and pre-trade risk controls, trading limit review and control testing, and operational/trading incident management, working directly with Trading, Technology, Risk, and Compliance.
Job Responsibilities:
  • Manage market access and pre-trade risk controls
  • Perform trading limit review and control testing
  • Manage operational/trading incidents, including independently investigating issues and driving work across multiple teams to completion
  • Work directly with traders and Technology teams
  • Prepare risk-related documentation and respond to information requests, reviews, and counterparty risk questionnaires
  • Work effectively with Trading, Technology, Risk, and Compliance
  • Support new trading businesses, products, systems, and regulatory initiatives
  • Improve and automate risk processes
  • Develop policies and procedures

Requirements:
  • Approximately 5-10 years of relevant experience in operational risk, trading risk, electronic trading controls, or a related financial markets role
  • Strong preference for experience at a proprietary trading firm, market maker, broker-dealer, or other fast-paced trading environment; candidates from larger financial institutions can be a fit if they have relevant experience supporting an electronic execution or algorithmic trading business
  • Strong understanding of market access/pre-trade risk controls, trading limits, control testing, and incident management
  • Experience working directly with traders and Technology teams
  • Experience preparing risk-related documentation and responding to information requests, reviews, or counterparty risk questionnaires is preferred
  • Strong written and verbal communication skills
  • Bachelor's degree

Skills:
  • Market access and pre-trade risk controls
  • Trading limit review and control testing
  • Operational/trading incident management
  • Strong analytical and problem-solving skills
  • Strong verbal and written communication
  • Ability to work effectively with Trading, Technology, Risk, and Compliance
  • Ability to independently own and drive work to completion
  • Proactive and takes initiative
  • Independent and comfortable learning unfamiliar subject matter
  • Strong follow-through and accountability
  • Collaborative and responsive
  • Builds strong working relationships across different teams, personalities, and seniority levels
  • Diplomatic but willing to challenge when appropriate
  • Comfortable operating in a fast-moving environment with competing priorities

Preferred Skills:
  • Experience with clearing and executing broker risk questionnaires
  • Policy and procedure development
  • Experience supporting new trading businesses, products, systems, or regulatory initiatives
  • Experience improving or automating risk processes

Benefits:
  • Discretionary bonus eligibility
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care Options
  • Employer Paid Group Term Life and AD&D insurance
  • Voluntary LTD, Life & AD&D insurance
  • Flexible Vacation policy
  • Retirement plan with employer match

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.
The range below reflects the expected base salary for this position. It represents a good-faith estimate of the base pay we anticipate offering, with actual compensation determined by your experience, education, skills, and performance throughout the interview process. This role is also eligible for a discretionary bonus (at DV Trading's discretion) and DV Trading's benefits package, including the benefits listed above.
Base Salary Range
$175,000-$225,000 USD

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