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Senior Risk Analyst Jobs in Batavia, IL (NOW HIRING)

Chubb

Vendor Risk Analyst

Chicago, IL · On-site +1

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 ...

Alliant Credit Union

Senior Credit Risk Analyst

Chicago, IL · Hybrid

$84.20K - $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 ...

Alliant

Senior Credit Risk Analyst

Chicago, IL · On-site

$84.20K - $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 ...

Century Aluminum

Senior Risk Manager

Chicago, IL · Hybrid

Identify and analyze global risk exposures to assess insurance and non-insurance risk transfer ... Working with senior management teams /executives * Strong self-management skills and attention to ...

Delan Associates, Inc

Cyber Risk Analyst

Lemont, IL · On-site

Technical Direction of Work Report to a senior staff Cyber Risk Analyst within Business & Information Services; including daily guidance and collaboration with others in the Cyber Security Program ...

Paylocity

Fraud Risk Analyst

Schaumburg, IL · On-site

Position Overview The Fraud Risk Analyst supports the Risk Mitigation team by performing initial ... Flag and document suspicious activity for further review by senior investigators. * Assist in ...

Delan Associates, Inc

Cyber Risk Analyst

Lemont, IL · On-site

Technical Direction of Work Report to a senior staff Cyber Risk Analyst within Business & Information Services; including daily guidance and collaboration with others in the Cyber Security Program ...

Delan Associates, Inc.

Cyber Risk Analyst

Lemont, IL · On-site

Technical Direction of Work Report to a senior staff Cyber Risk Analyst within Business & Information Services; including daily guidance and collaboration with others in the Cyber Security Program ...

Delan Associates Inc

Cyber Risk Analyst

Lemont, IL · On-site

Technical Direction of Work Report to a senior staff Cyber Risk Analyst within Business & Information Services; including daily guidance and collaboration with others in the Cyber Security Program ...

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Senior Risk Analyst information

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$54.5K

$112K

$145.3K

How much do senior risk analyst jobs pay per year?

As of May 28, 2026, the average yearly pay for senior risk analyst in Batavia, IL is $111,977.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,300.00 and $139,700.00 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.

What does a Senior Risk Analyst do?

A Senior Risk Analyst is responsible for identifying, assessing, and mitigating potential risks that could impact an organization’s financial health or operations. They analyze data, evaluate risk management strategies, and provide recommendations to ensure compliance with regulations and minimize losses. Senior Risk Analysts also collaborate with various departments to develop risk models, prepare reports for management, and guide the implementation of risk controls.

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 are the most commonly searched types of Risk Analyst jobs in Batavia, IL? The most popular types of Risk Analyst jobs in Batavia, IL are:
What job categories do people searching Senior Risk Analyst jobs in Batavia, IL look for? The top searched job categories for Senior Risk Analyst jobs in Batavia, IL are:
What cities near Batavia, IL are hiring for Senior Risk Analyst jobs? Cities near Batavia, IL with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you
Vendor Risk Analyst

Vendor Risk Analyst

Chubb

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Life, Retirement

Posted 10 days ago

Chubb rating

8.1

Company rating: 8.1 out of 10

Based on 63 frontline employees who took The Breakroom Quiz

131st of 258 rated insurance

Job description

We are seeking a detail-oriented and analytical Vendor Risk Management Analyst to join our team. The Vendor Risk Management Analyst will be responsible for assessing, monitoring, and mitigating risks associated with third-party vendors to ensure compliance with organizational policies, industry standards, and regulatory requirements. This role plays a critical part in safeguarding the organization's operations, data, and reputation by identifying potential risks and implementing effective vendor risk management strategies.

Key Responsibilities

  1. Conduct comprehensive risk assessments of third-party vendors, including evaluating their security practices, financial stability, and compliance with regulatory requirements.
  2. Maintain a vendor risk management framework, including policies, procedures, and tools to assess and monitor vendor risks. 
  3. Complete onsite or remote audits of vendors to ensure that controls work as expected and procedures are followed correctly. 
  4. Monitor vendor performance risk levels on an ongoing basis, security posture, and ongoing compliance to ensure continued alignment with organizational standards and risk levels and identifying and addressing any changes in risk profiles or compliance issues.
  5. Collaborate with internal stakeholders, such as procurement, legal, IT, and compliance teams, to ensure vendor contracts include appropriate risk mitigation measures.
  6. Prepare detailed reports and presentations on vendor risk assessments, findings, and recommendations for senior management and other stakeholders.
  7. Stay up to date with industry trends, regulatory changes, and best practices in vendor risk management to continuously improve the organization's risk management processes.
  8. Support the development and delivery of training programs to educate internal teams on vendor risk management policies and procedures.

Key Competencies (knowledge and abilities required to perform a role effectively, comprising skills, competencies and behaviors)

  • Strong analytical and problem-solving skills with the ability to assess complex vendor risk scenarios.
  • Excellent communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
  • Knowledge of regulatory requirements and industry standards related to vendor risk management (e.g., GDPR, ISO 27001, SOC 2).
  • Proficiency in using vendor risk management tools and software.
  • Strong organizational skills and attention to detail to manage multiple vendor assessments simultaneously.
  • Ability to work independently and make informed decisions in a fast-paced environment.
  • High ethical standards and a commitment to maintaining confidentiality and integrity.

Accreditations (Education, Certifications and/or Experience)

  • Bachelor's degree in Business Administration, Risk Management, Information Security, or a related field.
  • 0-4 years of experience in vendor risk management, third-party risk assessment, or a related role.
  • Relevant certifications such as Certified Third Party Risk Professional (CTPRP), Certified Information Systems Auditor (CISA), or Certified Risk and Information Systems Control (CRISC) are preferred.
  • Experience with risk management frameworks and tools is a plus.
OUR BENEFITS
As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees: 
  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses

ABOUT COMBINED INSURANCE

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.


ABOUT CHUBB
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US

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