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Senior Risk Management Analyst Jobs in Illinois (NOW HIRING)

THE IMPACT YOU CAN HAVE The Risk Management Analyst supports the organization's workers' compensation, general liability, and Captive Insurance programs by analyzing loss data, monitoring claim ...

Senior Risk Manager

Lisle, IL · On-site

$138K - $207K/yr

Position Overview Under the direction of the Director of Risk Management, the Senior Risk Manager ... Working with International Motor's WC claims manager, monitor TPA and carrier performance, analyze ...

Your Role at Baxter The Senior Risk Engineer is responsible for leading and accomplishing risk ... risk management plans, hazard analyses, FMEAs, fault tree analyses, and risk reports. * Identify ...

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 ...

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Senior Risk Management Analyst information

See Illinois salary details

$51.8K

$106.4K

$138.1K

How much do senior risk management analyst jobs pay per year?

As of Jul 16, 2026, the average yearly pay for senior risk management analyst in Illinois is $106,444.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,700.00 and $132,800.00 per year, depending on experience, location, and employer.

How much do senior risk managers make?

Senior risk management analysts typically earn between $80,000 and $130,000 annually, depending on experience, industry, and location. They often hold certifications such as FRM or CRM and work in financial services, insurance, or corporate risk departments.

What does a Senior Risk Management Analyst do?

A Senior Risk Management Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization's financial health or operational performance. They analyze data, develop risk models, and recommend strategies to minimize potential losses. In addition, they often collaborate with various departments to ensure compliance with regulations and to implement risk controls. Their expertise helps organizations make informed decisions and maintain stability in a constantly changing environment.

What are the key skills and qualifications needed to thrive as a Senior Risk Management Analyst, and why are they important?

To excel as a Senior Risk Management Analyst, you need strong analytical skills, expertise in risk assessment methodologies, and a relevant degree in finance, business, or a related field. Familiarity with risk management software (like RSA Archer or SAP GRC), data analysis tools, and professional certifications such as FRM or CRM are typically required. Exceptional communication, problem-solving, and stakeholder management skills set top performers apart. These competencies are critical for accurately identifying risks, communicating strategies, and ensuring organizational resilience.

How does a Senior Risk Management Analyst typically collaborate with other departments within an organization?

A Senior Risk Management Analyst regularly works with teams across finance, operations, compliance, and IT to identify, assess, and mitigate various types of risks. They facilitate risk assessments, share insights on emerging threats, and help develop policies that align with business objectives. Effective collaboration ensures that risk strategies are integrated into daily operations and major projects, making communication and relationship-building critical parts of the role. Senior analysts may also lead cross-functional meetings and provide training to ensure consistent risk awareness throughout the organization.

How much does a senior risk analyst make in the US?

A senior risk management analyst in the US typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. Advanced skills in data analysis, risk assessment, and certifications like FRM or CRM can influence salary levels.

What is the highest paying risk management job?

Senior risk management roles, such as Chief Risk Officer or Risk Director, tend to be the highest paying positions in risk management, often earning six-figure salaries. These roles require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills within financial or corporate environments.

What does a senior risk analyst do?

A senior risk management analyst assesses and identifies potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and often use tools like risk management software to monitor and report on risk levels, supporting decision-making at a strategic level.
What are the most commonly searched types of Risk Management Analyst jobs in Illinois? The most popular types of Risk Management Analyst jobs in Illinois are:
What are popular job titles related to Senior Risk Management Analyst jobs in Illinois? For Senior Risk Management Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Senior Risk Management Analyst jobs in Illinois look for? The top searched job categories for Senior Risk Management Analyst jobs in Illinois are:
What cities in Illinois are hiring for Senior Risk Management Analyst jobs? Cities in Illinois with the most Senior Risk Management Analyst job openings:
Infographic showing various Senior Risk Management Analyst job openings in Illinois as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $106,444 per year, or $51.2 per hour.
Senior Manager, Risk Management - Policy Analyst

Senior Manager, Risk Management - Policy Analyst

Capital One

Riverwoods, IL • On-site

Full-time

Posted 10 days ago


Capital One rating

7.8

Company rating: 7.8 out of 10

Based on 143 frontline employees who took The Breakroom Quiz

76th of 149 rated banks


Job description

Senior Manager, Risk Management - Policy Analyst

Capital One is one of the fastest growing organizations in the world today, powered by our passion for our customers. We are serious about technology, we dream big, and we execute: Capital One moved our entire enterprise to the public cloud over the course of five years. Just as we prioritize driving innovation through technology, we equally prioritize cybersecurity, reliability, software quality, and data management.

Technology & Data Risk Management (TDRM) is a small organization that packs a big punch. The ~200 professionals in TDRM are trusted experts who oversee ~14,000 developers at Capital One. We raise the bar for excellence in cybersecurity, reliability, and tech risk, and data management risk. We shape strategy and decisions, challenge activities to ensure they meet our standards, and perform independent tests of our security and technology risk.

For years, the cybersecurity community has debated whether the CISO should report to the CIO or not. In regulated financial services, the answer is: both. The first-line CISO has operational responsibilities and reports to the CIO. The second-line Chief Tech Risk Officer (CTRO) and the Tech & Data Risk Management (TDRM) organization have broader responsibilities for cybersecurity but also reliability, software quality, resilience, and the risk of failing to manage our data. The CTRO is independent and oversees the work of the CISO, the CIO/CTO, and the Chief Data Officer. The CTRO reports to the Chief Risk Officer, who reports directly to the CEO.

Our business leaders must make technology decisions constantly. TDRM makes sure they have the tech and data risk information they need to make good decisions. Associates within TDRM are highly-skilled information security, cybersecurity, site reliability engineering, technology, data analyst, data scientist, and risk management professionals. They have a wealth of experience and a demonstrated ability to add value with their advice and to deliver high-impact results.

The Senior Manager for data policy will play a critical role in shaping and managing the organization's data risk management policies. The lead will engage stakeholders across the organization to ensure our policies align to best practices, have measurable and achievable requirements, and reflect how the organization manages data risk. The senior manager will apply their knowledge of data risk and policy governance to manage policies and provide guidance on adherence. The senior manager will partner closely with associates and executives within the first and second lines of defense such as the Technology and Cyber organizations, Enterprise Data, Divisional Data Risk Officers, Operational Risk Management, and others.

The ideal candidate:

  • Has a strong foundation in data risk management and policy development

  • Demonstrates keen judgment along with strategic and tactical leadership skills

  • Is an excellent communicator, particularly written communication (memos & slide decks)

  • Brings extreme attention to detail, sense of accountability, and ability to follow through on time-sensitive deliverables to own their full portfolio of work

  • Is adept at managing stakeholder engagements and building relationships across all levels of the organization and across lines of defense

  • Sets direction, manages expectations, and indirectly leads cross-functional teams.

Basic Qualifications:

  • Bachelor's Degree or military experience

  • At least 7 years of experience in the fields of information security, data management, technology, or risk management

  • At least 5 years of experience developing or managing policy

Preferred Qualifications:

  • 3+ years of process or project management or related experience leading cross functional projects and programs

  • 3+ years of experience in a second-line or oversight role at a financial institution or regulatory agency

  • Risk certifications or PMP certification

  • Demonstrates a deep understanding of the Data Management Body of Knowledge (DMBOK) framework

  • Professional data management certifications, such as a CIPP (Certified Information Privacy Professional), CIPM (Certified Information Privacy Manager), or CDMP (Certified Data Management Professional)

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $177,700 - $202,800 for Sr. Risk Manager


New York, NY: $193,800 - $221,200 for Sr. Risk Manager


Plano, TX: $161,500 - $184,300 for Sr. Risk Manager


Richmond, VA: $161,500 - $184,300 for Sr. Risk Manager


Riverwoods, IL: $161,500 - $184,300 for Sr. Risk Manager







Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).


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