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Senior Risk Analyst Jobs in Illinois (NOW HIRING)

The Vendor Risk Management Analyst will be responsible for assessing, monitoring, and mitigating ... senior management and other stakeholders. * Stay up to date with industry trends, regulatory ...

Senior IT Risk Analyst

Rosemont, IL · Hybrid

$98K - $110K/yr

Position Overview The Senior IT Risk Analyst (Audit concentration) role supports IT Risk Leadership in maintaining a strong, healthy audit culture across IT globally. This role applies industry best ...

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Senior Credit Risk Analyst

Chicago, IL · Hybrid

$84K - $131K/yr

Analyze origination risk factors and recommend/implement improvements in areas such as underwriting criteria, lending policies and standards, and loan product pricing to increase loan volumes within ...

Senior Credit Risk Analyst

Chicago, IL · On-site

$84K - $131K/yr

Analyze origination risk factors and recommend/implement improvements in areas such as underwriting criteria, lending policies and standards, and loan product pricing to increase loan volumes within ...

... Prepare analysis and materials for portfolio reviews, risk forums, and governance routines ... learn from senior investment and risk professionals and partner effectively with trading ...

... Prepare analysis and materials for portfolio reviews, risk forums, and governance routines ... learn from senior investment and risk professionals and partner effectively with trading ...

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Showing results 1-20

Senior Risk Analyst information

See Illinois salary details

$51.8K

$106.4K

$138.1K

How much do senior risk analyst jobs pay per year?

As of Jul 20, 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 much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Senior risk analysts with specialized skills and certifications can earn higher salaries, often exceeding $100,000 annually.

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.

What is the salary of senior risk analyst in JP Morgan?

The average salary for a Senior Risk Analyst at JP Morgan typically ranges from $80,000 to $130,000 annually, depending on experience, location, and specific department. Additional compensation may include bonuses and benefits, and the role often requires proficiency in risk management tools and certifications such as FRM or CFA.

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

AspectSenior Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, often certifications like FRM or CRMBachelor's degree, some certifications like FRM or CRM
Work EnvironmentFinancial institutions, insurance companies, consulting firmsFinancial firms, corporations, government agencies
Employer & Industry UsageUsed across finance, insurance, and consulting sectorsCommon 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.

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 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:
Infographic showing various Senior Risk Analyst job openings in Illinois as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 88% Full Time, 5% Part Time, 1% Temporary, and 4% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $106,444 per year, or $51.2 per hour.
Risk Management - Commercial Real Estate Risk Analytics Associate

Risk Management - Commercial Real Estate Risk Analytics Associate

J.P. Morgan

Chicago, IL

Full-time

Medical, Retirement

Posted 18 days ago


Job description

hackajob is collaborating with J.P. Morgan to connect them with exceptional professionals for this role.

JOB DESCRIPTION

Drive meaningful impact at the intersection of data, risk, and technology. This is a rare opportunity to build analytics products that directly influence how senior leaders understand and manage risk across a complex, high-stakes portfolio. You'll work at the forefront of data-driven decision-making, partnering with teams across Risk, Product, and Technology to deliver solutions that matter.

As an Analytics Solutions Manager supporting the Commercial Real Estate Risk team at JPMorgan Chase, you will own the end-to-end delivery of reporting and analytics solutions that support risk management operations. You'll translate complex business needs into well-governed, scalable data products - defining key performance indicators, designing reporting-grade data models, and embedding data quality controls that senior leaders can trust. This role is for someone who combines strong analytical judgment with executive communication skills and a passion for building products that drive clarity and action.

Job responsibilities

  • Lead end-to-end delivery of analytics solutions, including user needs discovery, key performance indicator definition, dashboard design, release management, and roadmap execution aligned to stakeholder priorities
  • Partner on the design and implementation of reporting data models that enable performant, scalable visualization products, incorporating metric definitions, dimensional modeling, and clear lineage from source systems to dashboards
  • Collaborate with Credit Risk stakeholders to define, document, and maintain a consistent set of portfolio and operating metrics - such as portfolio insights, operational pipeline, exposure monitoring, and watchlist dynamics - ensuring interpretability across audiences
  • Build and maintain interactive dashboards and executive-ready visual narratives in Tableau and Qlik Sense, optimized for senior consumption, repeatable governance, and auditability
  • Establish and execute data quality controls with end-to-end audit trails, including reconciliations, exception monitoring, and clear escalation paths for data integrity issues impacting risk reporting
  • Deliver operational insights by identifying trends, outliers, and performance drivers, and translate findings into concise, management-ready materials and recommendations
  • Drive alignment across partners in Risk Operations, Technology, and Data/Product to prioritize requirements, manage dependencies, and deliver against timelines without compromising control standards
  • Prepare and present materials for senior management, including storyline development, clear articulation of assumptions and limitations, and tailored messaging by stakeholder audience to support decision-making

Required qualifications, capabilities, and skills

  • Formal training or certification on analytics or data engineering concepts 
  • Minimum 5 years of applied experience in analytics, reporting, risk management, or a related discipline 
  • Demonstrated hands-on experience building and owning dashboard products for senior stakeholders, with accountability for requirements, usability, adoption, and change management
  • Advanced SQL skills, including the ability to write efficient queries, validate results, and support reporting-grade metric construction
  • Hands-on experience with Tableau and Qlik Sense, including proficiency in semantic consistency, visual design standards, performance optimization, and access controls
  • Strong data modeling and analytical capabilities, including the ability to structure data for reporting, manage metric definitions, and develop decision-useful insights grounded in business context
  • Controls mindset and execution rigor, including the ability to design and operate data quality checks, document assumptions, and maintain consistency suitable for management reporting
  • Strong delivery discipline, with the ability to manage competing priorities, drive clear scope decisions, and deliver on agreed timelines through effective stakeholder coordination
  • Strong verbal and written communication skills, including the ability to synthesize executive-level narratives and adapt messaging for diverse stakeholder audiences

Preferred qualifications, capabilities, and skills

  • Experience with Sigma or ThoughtSpot, particularly in supporting self-service analytics and governed semantic layers
  • Familiarity with modern data platforms such as Databricks and concepts such as Data Mesh, with demonstrated ability to apply these approaches to risk reporting use cases
  • Prior experience in banking, credit risk, management consulting, or equivalent environments supporting regulated reporting and senior management decision-making
  • Demonstrated interest in commercial real estate risk and portfolio monitoring, with a track record of building scalable, reusable analytics products that improve transparency and execution

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.