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Senior Risk Analyst Jobs in Frankfort, 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 ...

Dulyhealthandcare

Senior Risk Manager

Downers Grove, IL · On-site

The Senior Risk Manager/Patient Safety Specialist will work to support the VP of Risk Management ... Conduct Root Cause Analysis * Investigate and conduct root cause analysis under the Patient Safety ...

New

DV Trading

Credit Risk Analyst

Chicago, IL

DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ... This role will partner closely with senior leadership to enhance the firm's credit risk framework ...

DV Trading

Credit Risk Analyst

Chicago, IL

$150K - $200K/yr

DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ... This role will partner closely with senior leadership to enhance the firm's credit risk framework ...

DV Trading

Credit Risk Analyst

Chicago, IL · On-site

$150K - $200K/yr

DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ... This role will partner closely with senior leadership to enhance the firm's credit risk framework ...

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 ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL

$72K - $90K/yr

Prepare reports and presentations for senior management, highlighting risk exposure and mitigation ... Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL

$72K - $90K/yr

Prepare reports and presentations for senior management, highlighting risk exposure and mitigation ... Quantitative Analysis * Risk Assessment * Project Management * Insurance Knowledge * Experience ...

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Senior Risk Analyst information

See Frankfort, IL salary details

$52.6K

$108K

$140K

How much do senior risk analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for senior risk analyst in Frankfort, IL is $107,954.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,900.00 and $134,600.00 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.

How much do senior risk analysts get paid?

Senior risk analysts typically earn a median annual salary between $80,000 and $120,000, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

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 cities near Frankfort, IL are hiring for Senior Risk Analyst jobs? Cities near Frankfort, IL with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you

Senior Risk Analyst - Credit Risk & Marketing Analytics

Acunor Inc

Chicago, IL • On-site

Other

Re-posted 29 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
Acunor logo

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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