ZipRecruiter

Log In

1

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

Bank of Montreal

Senior Decision Technology Analyst

Chicago, IL · On-site

$74K - $138K/yr

  • Medical

  • Life

  • Retirement

Audit, Risk & Compliance * Develops and maintains risk decision-support strategies using analytical solutions to enable high-quality, fact-based decisions for a designated risk portfolio. * Manages ...

World Wide Technology

Senior SOC Analyst - Weekends

Dekalb, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... seeking a Senior SOC Analyst to support a weekend schedule ( Wednesday - Sunday OR Saturday ... Use internal and external threat intelligence, risk insights, and adversary behavior research to ...

World Wide Technology

Senior SOC Analyst - Weekends

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... seeking a Senior SOC Analyst to support a weekend schedule ( Wednesday - Sunday OR Saturday ... Use internal and external threat intelligence, risk insights, and adversary behavior research to ...

Smarkets

Chief Risk Officer

Chicago, IL · On-site

$150 - $200/hr

Senior risk leader with 7+ years of senior experience in risk management, ideally within ... Strong background identifying and analysing technology risk, counterparty exposures, and internal ...

World Wide Technology

Senior SOC Analyst - Weekends

Aurora, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... seeking a Senior SOC Analyst to support a weekend schedule ( Wednesday - Sunday OR Saturday ... Use internal and external threat intelligence, risk insights, and adversary behavior research to ...

CMI Media Group

Senior Analyst, Paid Social

Chicago, IL

$50K - $90K/yr

Senior Analyst of Paid Social - Lead Digital Excellence! Ready to take charge and steer brands toward digital excellence? Here's your chance to shine and redefine the landscape of social media! Join ...

Bank of Montreal

Senior Manager, Risk Appetite

Chicago, IL · On-site

  • Medical

  • Life

  • Retirement

Audit, Risk & Compliance Role Summary The Senior Manager, Enterprise Risk Appetite (ERA), is a ... Ability to analyze complex information deeply and derive meaningful insights. * Attention to detail:

CVS Health

Senior Analyst, Corporate Audit

Northbrook, IL · On-site +1

$46K - $112K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Reporting to the Senior Manager of the Financial Controls Assurance Team, the Senior team will ... Strong analytical, deductive, problem solving, and critical thinking skills. * Good teamwork and ...

previous page

Showing results 41-60

All JobsRisk Analyst JobsSenior Risk Analyst JobsSenior Risk Analyst Jobs in Elgin, IL

Senior Risk Analyst information

See Elgin, IL salary details

$52.9K

$108.6K

$140.9K

How much do senior risk analyst jobs pay per year?

As of Aug 18, 2026, the average yearly pay for senior risk analyst in Elgin, IL is $108,584.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,500.00 and $135,400.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a senior risk analyst?

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 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.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. According to industry data, the median annual wage for risk analysts is around $80,000, with experienced professionals earning over $100,000. Certifications like FRM or CRM can enhance earning potential, and strong analytical skills are essential in this role.

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 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 is the salary of a senior risk analyst?

The salary of a senior risk analyst typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. They often require strong analytical skills and proficiency with risk management tools and software.

What are the most commonly searched types of Risk Analyst jobs in Elgin, IL?

The most popular types of Risk Analyst jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Senior Risk Analyst jobs?

Cities near Elgin, IL with the most Senior Risk Analyst job openings:

Senior Risk Analyst jobs near you
Infographic showing various Senior Risk Analyst job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $108,584 per year, or $52.2 per hour.

Senior Analyst, Compliance Testing & Third-Party Risk Management

Above Lending

Chicago, IL • On-site

$70K - $120K/yr

Full-time

Posted 20 days ago

Job description

Above Lending is a next-generation financial services company helping everyday Americans break the cycle of high-cost debt and move toward a stronger financial future. Through customized lending solutions, competitive rates, and personalized support, our mission is to simplify the lending process and help our clients achieve financial well-being. We are committed to making credit more affordable and accessible; backed by a culture grounded in compliance and ethics, and technology built around the people we serve.
We are growing quickly, and we are looking for new collaborators to help us reach the next level. If you want to join a forward-thinking, rapidly growing organization where helping people is the number one goal, we want to hear from you.
We're looking for a motivated and detail-oriented professional to support our compliance testing and third-party risk processes. This role is ideal for someone with hands-on experience in compliance testing, vendor management, or risk testing functions in the financial services industry, who's ready to grow into a more strategic and visible contributor.
You'll support critical functions that ensure regulatory compliance and effective third-party oversight, helping to safeguard the company and its customers. This is a high-impact role with cross-functional exposure and opportunities for growth.
This is a hybrid role, 3-days a week, in downtown Chicago, IL.
What You'll Do
  • Lead regular testing of applicable BSA/AML/OFAC and consumer obligations to ensure compliance with regulatory requirements and internal policies.
  • Evaluate the effectiveness of controls designed to mitigate regulatory and operational risks.
  • Document testing results, identify issues and gaps, determine corrective action, and support issue tracking and resolution.
  • Assist in managing the company's third-party risk management (TPRM) program by supporting processes, maintaining documentation, and monitoring controls.
  • Conduct initial and ongoing risk assessments for vendors, focusing on areas like security practices, financial health, and compliance posture.
  • Support vendor onboarding by ensuring contracts and risk-related documentation are complete and compliant with company policies.
  • Stay up-to-date on key regulatory changes and best practices related to third party risk management.
  • Prepare summary reports and dashboards for leadership to communicate testing findings, open issues, and vendor risk trends.
  • Assist in building, configuring, and optimizing the GRC platform to automate compliance testing, centralize vendor risk assessments, and streamline issue management.
  • Serve as the subject matter expert for SCRA and OFAC compliance, providing regulatory guidance

What We're Looking For
  • Bachelor's degree in Business, Finance, Risk or a related discipline.
  • 3-5 years of experience in compliance testing, third-party risk management, vendor management, audit, or related risk and compliance functions within the banking, financial services, or fintech industries.
  • Working knowledge of consumer lending regulations is preferred; willingness to learn and develop expertise in this area is essential.
  • Professional certifications such as CRCM, CTPRP, CTPRA, or similar are preferred but not required.
  • Strong organizational skills with exceptional attention to detail and the ability to manage multiple priorities in a fast-paced environment.
  • Excellent written and verbal communication skills, with the ability to collaborate effectively across cross-functional teams and engage with external vendors.
  • Advanced proficiency in Microsoft Excel and experience using compliance, governance, risk management, or reporting systems.
  • Self-motivated, proactive, and eager to build subject matter expertise in compliance, regulatory risk, and third-party risk management.

$70,000 - $120,000 a year
This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.
Join our dynamic team and contribute to Above Lending's success as we continue to provide innovative lending solutions to our customers.
Under the California Consumer Privacy Act ("CCPA"), Above Lending is informing California residents who are our job applicants, contractors or prospective employees (together "job applicants") about the categories of personal information we collect about you and the purposes for which we will use this information. This notice and our Privacy Policy contain important information relating to the CCPA and apply only to personal information that is subject to the CCPA. Please see our website for the full CCPA statement.
*Above Lending is an equal opportunity Employer*
Above Lending does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job positions. No fee will be paid to their parties who submit unsolicited candidates directly to Above Lending employees or the Above Lending Finance and HR teams. No placement fee will be paid to any third party unless such a request has been made by the Above Lending HR team.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

Apply