Senior Risk Analyst - Credit Risk & Marketing Analytics Location: Chicago, IL (Hybrid - once a month) Job Type: Full Time * Support tactical & strategic risk analytics initiatives for US based banks ...
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Senior Risk Analyst - Credit Risk & Marketing Analytics Location: Chicago, IL (Hybrid - once a month) Job Type: Full Time * Support tactical & strategic risk analytics initiatives for US based banks ...
Senior Cyber Risk Analyst
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Senior Cyber Risk Analyst
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As a Senior Cyber Risk Analyst, you will manage the Cyber Risk Management Program and ensure the organization's cybersecurity posture is robust and compliant with regulatory standards.
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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 ...
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Senior Risk Analyst information
See Illinois salary details
$51.8K - $59.7K
1% of jobs
$59.7K - $67.5K
1% of jobs
$67.5K - $75.4K
3% of jobs
$75.4K - $83.2K
12% of jobs
$88.4K is the 25th percentile. Wages below this are outliers.
$83.2K - $91K
12% of jobs
$91K - $98.9K
14% of jobs
The median wage is $102.8K / yr.
$98.9K - $106.7K
14% of jobs
$106.7K - $114.6K
10% of jobs
$114.6K - $122.4K
3% of jobs
$122.4K - $130.2K
2% of jobs
$131.1K is the 75th percentile. Wages above this are outliers.
$130.2K - $138.1K
28% of jobs
$51.8K
$106.4K
$138.1K
How much do senior risk analyst jobs pay per year?
As of Jun 28, 2026, the average yearly pay for senior risk analyst in Illinois is $106,444.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,700.00 and $132,800.00 per year, depending on experience, location, and employer.
What are the key skills and qualifications needed to thrive as a Senior Risk Analyst, and why are they important?
To thrive as a Senior Risk Analyst, you need strong analytical skills, a solid grasp of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Proficiency with risk management software, data analysis tools like Excel, and familiarity with regulatory frameworks such as Basel III or SOX is often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying, evaluating, and reporting risks. These competencies are vital for ensuring accurate risk identification and mitigation, supporting sound business decisions, and maintaining regulatory compliance.
How does a Senior Risk Analyst typically collaborate with other departments to identify and mitigate risks?
Senior Risk Analysts regularly work with teams across the organization, such as compliance, finance, operations, and IT, to identify emerging risks and implement mitigation strategies. They often participate in cross-functional meetings, provide insights from data analysis, and help develop policies that address both regulatory requirements and business objectives. Building strong working relationships and communicating complex risk scenarios in an accessible way are key to ensuring coordinated risk management efforts. This collaborative approach not only helps in early detection of potential issues but also fosters a proactive risk culture within the company.
How much does a senior risk analyst make in the US?
A senior risk analyst in the US typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills, knowledge of risk management tools, and relevant certifications such as FRM or CRM.
Do risk analysts make a lot of money?
Risk analysts typically earn a competitive salary that varies based on experience, education, and industry. According to industry data, the median annual salary for risk analysts is around $70,000 to $90,000, with higher earnings possible for senior or specialized roles. Certifications like FRM or CRM can also enhance earning potential.
What is the difference between Senior Risk Analyst vs Risk Analyst?
| Aspect | Senior Risk Analyst | Risk Analyst |
|---|---|---|
| Required Credentials | Bachelor's degree, often certifications like FRM or CRM | Bachelor's degree, some certifications like FRM or CRM |
| Work Environment | Financial institutions, insurance companies, consulting firms | Financial firms, corporations, government agencies |
| Employer & Industry Usage | Used across finance, insurance, and consulting sectors | Common in finance, banking, and insurance industries |
The main difference is that Senior Risk Analysts typically have more experience, advanced certifications, and handle more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes.
How much does a senior risk analyst earn?
A senior risk analyst typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.
What does a senior risk analyst do?
A senior risk analyst evaluates potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making. This role often requires strong analytical skills, industry knowledge, and relevant certifications such as FRM or CRM.
What are the most commonly searched types of Risk Analyst jobs in Illinois? The most popular types of Risk Analyst jobs in Illinois are:
What are popular job titles related to Senior Risk Analyst jobs in Illinois? For Senior Risk Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Senior Risk Analyst jobs in Illinois look for? The top searched job categories for Senior Risk Analyst jobs in Illinois are:
What cities in Illinois are hiring for Senior Risk Analyst jobs? Cities in Illinois with the most Senior Risk Analyst job openings:
What are popular job titles related to Senior Risk Analyst jobs in IL? For Senior Risk Analyst jobs in IL, the most frequently searched job titles are:
Other
Posted 18 days ago
Job description
Job Titile: Senior Risk Analyst - Credit Risk & Marketing Analytics
Location: Chicago, IL (Hybrid - once a month)
Job Type: Full Time
Job Description:
- Support tactical & strategic risk analytics initiatives for US based banks' Risk team
- Develop risk policy for Point of Sale (POS) lending, Buy-now-pay-later (BNPL), and Credit Card solutions
- Design A/B testing frameworks with Design of Experiments (DOE) methodology to optimize risk management programs
- Policy analytics to make sure correct customer segments are targeted and acquired
- Recommend changes to business strategy and risk management policies
- Build reporting/BI frameworks for Risk teams within the organization
- Evaluate effectiveness of current policies & strategies, manage the monthly dashboards and ad-hoc analysis, analyze tests & performance related to funnel performance, portfolio verification performance and post issuance loan performance
- Clearly communicate analysis as presentations to technical & non-technical groups
- Develop and maintain effective working relationships with colleagues in other areas of Risk Management.
- Summarize analytical findings into presentations and share analysis & reports with senior leadership.
- Maintain a high degree of technical and policy understanding with respect to credit risk.
- Manage assigned projects in a timely manner, ensuring accuracy and that deliverables are met.
- Train, coach and develop team members
- Lead team across geographies to drive client outcomes
Qualifications:
- 4+ years of experience in Analytics or Data Science. 2+ years of experience in Risk Analytics or Marketing preferred.
- Past experience of working with SQL, SAS and Tableau. Advanced knowledge required. (SAS mandatory)
- Ability to write and create decks and very good communication skills. Ability to present insights and recommendations in a concise manner
- Past experience in problem solving roles, strategic initiatives etc.
- Educational Background: Bachelors or MS in Engineering, Mathematics, Physics, Finance, Quantitative fields preferred
About Acunor
Sourced by ZipRecruiter
Acunor provides high quality digital engineers in the field of Java Full Stack Programming, Pega, Appian, Power BI, Salesforce, DevOps, No-Code & Low-Code, Data Science, Analytics, Data Base and Cloud Native solutions. We specialize in providing Java Full Stack Engineers, BPM (Pega, Appian) Consultants, Salesforce Consultants, AWS/Azure/GCP Engineers, Data Scientists, Technical PMs, Program and Engagement Managers. Management comprises of highly experienced and seasoned technology executives with vast expertise in Large Scale Development Projects, Cloud Native Solutions and Managed Services.
Industry
It services
Company size
11 - 50 Employees
Headquarters location
Princeton, NJ, US
Year founded
2016