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Senior Risk Analyst Jobs in Oak Lawn, IL (NOW HIRING)

Senior Risk Analyst

Chicago, IL · On-site

$100K - $115K/yr

The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs ...

The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$125 - $170/hr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$125 - $170/hr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

Senior Financial Risk Analyst As a Senior Financial Risk Analyst located in Chicago, you will be part of a team of high-performing professionals that evaluates and manages financial risk (i.e ...

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 ...

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 ...

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

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

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

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

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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Showing results 1-20

Senior Risk Analyst information

See Oak Lawn, IL salary details

$54.1K

$111.1K

$144.2K

How much do senior risk analyst jobs pay per year?

As of Aug 25, 2026, the average yearly pay for senior risk analyst in Oak Lawn, IL is $111,148.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,600.00 and $138,600.00 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.

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 Oak Lawn, IL?

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

What job categories do people searching Senior Risk Analyst jobs in Oak Lawn, IL look for?

The top searched job categories for Senior Risk Analyst jobs in Oak Lawn, IL are:

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

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

Senior Risk Analyst

William Blair

Chicago, IL • On-site

$100K - $115K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago


Job description

Solutions for Today's Challenges. Vision for Tomorrow's Opportunities.
Join William Blair, the Premier Global Partnership.
The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs, and develop and analyze alternatives for risk mitigation. Apply knowledge of enterprise risk management principles and methodologies to aid business partners in establishing lines of defense to address risks and monitor their effectiveness. Recommend solutions to address potential risk changes and future trends. Assist in educating employees on risk awareness and the firm's enterprise risk management framework.
Responsibilities include but may not be limited to:
  • Develop and maintain an understanding of assigned business areas, including their current processes, systems, initiatives, market environment, and business strategies and challenges.
  • Identify and analyze specific operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the business area.
  • Categorize and assess the severity of risks within a defined framework. Identify potential risk impact and costs to the firm.
  • Utilize enterprise risk management principles and methodologies to perform quantitative analysis such as risk grading, financial risk, rate of failure.
  • Collaborate with business partners to recommend solutions to reduce or control risk.
  • Develop reports and presentations to outline findings and recommendations for risk mitigation opportunities and costs.
  • Provide risk management perspective to business areas as they consider proposed changes in their organization, operations or systems. Educate businesses in understanding and addressing operational, legal and regulatory and financial risks.
  • Identify and assess changes in government legislation and advise on compliance.
  • Continuously update assigned components of the enterprise risk portfolio. Monitor progress on risk mitigation efforts.
  • Develop contingency plans to deal with emergencies such as business continuity, emergency response, crisis communication.
  • Ensure all work activities are in compliance with applicable rules, regulations, policies and procedures.
  • Additional responsibilities as requested.

Qualifications:
  • Bachelor's Degree required
  • 2 - 5 years of financial services industry and risk management experience required, preferably in a risk, audit, or compliance roleStrong written and verbal communication skills
  • Knowledge of enterprise risk principles and methodologies
  • Knowledge of applicable regulations
  • Ability to develop cross-functional relationships to achieve project objectives
  • Project management and prioritization skills
  • Critical thinking and problem solving skills

#LI-MW
#LI-HYBRID
A reasonable estimate of the current base salary range at time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is based on several factors, including but not limited to applicant's skills, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and, if applicable, the location of the position.
This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.
Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
Salary Range
$100,000-$115,000 USD
About Our Firm
William Blair strives to attract qualified candidates who specialize in investment banking, investment management, private wealth management, and other strategic resource groups. We are committed to empowering our colleagues to deliver client success and engage in our communities. Our firm has delivered trusted advice for nine decades, continuing to deepen our expertise and relationships across asset classes and markets throughout North America, Europe, and Asia. We provide advisory services, strategies, and solutions to meet clients' evolving needs amid dynamic market conditions and varying industries. What sets us apart is that we are an independent partnership, with colleagues who have unique experiences, perspectives, and backgrounds. We empower our people to bring their best thinking so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect. We invite you to learn more about us by visiting williamblair.com.
William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v
Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.
Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.
Download William Blair's privacy policies for job applicants:
  • California Consumer Privacy Act Privacy Notice (CCPA)
  • General Data Protection Regulation Privacy Notice (GDPR)

Contact us should you have any questions or concerns.