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

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 ...

Tempus

Senior Cyber Risk Analyst

Chicago, IL · Hybrid

$110K - $130K/yr

As a Senior Cyber Risk Analyst at Tempus AI, you will be the driving force behind our Cyber Risk Management Program, serving as the primary custodian of the organization's Cyber Risk Register. Your ...

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 ...

Tempus

Senior Cyber Risk Analyst

Chicago, IL · On-site

$110K - $130K/yr

As a Senior Cyber Risk Analyst at Tempus AI, you will be the driving force behind our Cyber Risk Management Program, serving as the primary custodian of the organization's Cyber Risk Register. Your ...

International Motors, LLC

Senior Risk Manager

Lisle, IL · On-site

$138K - $207K/yr

The Senior Risk Manager will lead the enterprise insurance and risk financing programs; assess ... Working with International Motor's WC claims manager, monitor TPA and carrier performance, analyze ...

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

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 ...

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Senior Risk Analyst information

See Chicago, IL salary details

$55.2K

$113.2K

$146.9K

How much do senior risk analyst jobs pay per year?

As of Jun 26, 2026, the average yearly pay for senior risk analyst in Chicago, IL is $113,244.00, 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 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?

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.

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 Chicago, IL? The most popular types of Risk Analyst jobs in Chicago, IL are:
What are popular job titles related to Senior Risk Analyst jobs in Chicago, IL? For Senior Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Senior Risk Analyst jobs in Chicago, IL look for? The top searched job categories for Senior Risk Analyst jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Senior Risk Analyst jobs? Cities near Chicago, IL with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you
Senior Risk Analyst - Credit Risk & Marketing Analytics

Senior Risk Analyst - Credit Risk & Marketing Analytics

Acunor Inc

Chicago, IL • On-site

Other

Posted 15 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
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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

Social media

Twitter

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