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

The Senior Analyst acts as a subject matter expert, collaborating with cross-functional teams ... Participate in risk assessments, audits, and compliance efforts related to data governance and ...

Maintain and update risk management documentation (e.g., certificates of insurance, local policies) to ensure accuracy and consistency across entities. * Partner with Finance to ensure premium ...

Conduct deep‑drop quantitative analyses into liquidity risks emerging across the Robinhood ecosystem * Enhance and maintain liquidity risk models and forecasting frameworks to support proactive ...

Conduct loss analysis and trending to identify client focus areas and demonstrate measurable ... SVP for review prior to submission. What You Bring Technical Expertise * Deep knowledge of risk ...

This is a senior-level position reporting to a Risk Monitoring Director and supports both that ... Collaborates with internal departments to analyze, communicate and make recommendations with ...

Showing results 41-60

Sr Risk Analyst information

See Chicago, IL salary details

$55.2K

$113.2K

$146.9K

How much do sr risk analyst jobs pay per year?

As of Sep 8, 2026, the average yearly pay for sr risk analyst in Chicago, IL is $113,247.00, 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 does a Sr Risk Analyst do?

A Sr Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or financial performance. They analyze data, create risk models, and provide recommendations to help companies make informed decisions and maintain compliance with regulations. Senior Risk Analysts often work closely with management and various departments to implement risk management strategies and ensure the company’s risk exposure is within acceptable limits.

How does a Sr Risk Analyst typically collaborate with other departments to manage enterprise risks?

As a Sr Risk Analyst, collaboration with various departments—such as compliance, audit, finance, and operations—is essential to identify, assess, and mitigate organizational risks. You will often facilitate risk workshops, communicate findings to department heads, and provide guidance on risk mitigation strategies. Regular cross-functional meetings and reporting help ensure risks are understood and addressed at all levels, making strong communication and relationship-building skills vital for success in this role.

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

To thrive as a Sr Risk Analyst, you need strong analytical skills, experience in risk assessment methodologies, and a background in finance, economics, or a related field, often supported by relevant certifications such as FRM or CFA. Proficiency in data analysis tools like Excel, SQL, SAS, or Python, as well as risk management software, is typically required. Excellent communication, critical thinking, and problem-solving skills help you convey risk insights and collaborate effectively with stakeholders. These competencies enable accurate risk identification and mitigation, supporting sound decision-making and regulatory compliance.

What is the difference between Sr Risk Analyst vs Risk Analyst?

AspectSr Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, relevant certifications (e.g., FRM, CRM), 3+ years experienceBachelor's degree, certifications optional, 1-3 years experience
Work EnvironmentFinancial institutions, insurance companies, corporate risk departmentsFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in larger organizations with complex risk management needsCommon in smaller firms or entry-level roles

The main difference between a Sr Risk Analyst and a Risk Analyst lies in experience, responsibilities, and seniority. A Sr Risk Analyst typically has more years of experience, advanced certifications, and handles 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. Both roles are vital in risk management teams, but the senior role involves greater responsibility and strategic input.

What are popular job titles related to Sr Risk Analyst jobs in Chicago, IL?

For Sr Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:

Infographic showing various Sr Risk Analyst job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $113,247 per year, or $54.4 per hour.

Sr. Analyst, US Operational Risk Management

CIBC

Chicago, IL • Hybrid

$83K - $95K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago


CIBC rating

9.0

Company rating: 9.0 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

7th of 176 rated banks


Job description

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

The Senior Analyst, US Operational Risk Management, supports the execution, reporting, and continuous enhancement of the US Operational Risk Management program. This role is intended to provide broad exposure across US ORM through a combination of recurring accountabilities and project-based assignments supporting multiple ORM teams. The role will help build foundational operational risk management knowledge across areas such as portfolio management, risk assessments, program governance, change management, control testing, reporting and analytics, third party risk management, business continuity, operational resilience, cyber risk, data risk, fraud risk, and physical security risk management.

What You'll Be Doing

  • Support recurring US ORM program execution activities, including RCSA program reporting, operational loss metrics and related management reporting.
  • Participate in operational risk assessments and related program activities by gathering data, preparing materials, documenting outcomes, tracking follow-ups, and supporting timely execution.
  • Contribute to project-based assignments across US ORM teams based on business needs, providing the analyst with exposure to different aspects of the operational risk program.
  • Support the development and maintenance of program materials, guidance, procedures, job aids, meeting materials, and training or change management content.
  • Build knowledge of CIBC's US operational risk framework, risk culture, governance practices, and applicable program requirements while developing the skills necessary to progress within US ORM. #LI-TA

At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 3 days per week on-site, while other days will be remote.

The scope of this mandate includes all Combined US Operations including Commercial Banking, Commercial Real Estate, Private Wealth, Private, Personal, and Digital Banking, Capital Markets, and supporting infrastructure teams including US Chief Administrative Office & Technology, Data, and AI.

Who You Are

  • Bachelor's degree
  • 3 + years of experience in Consulting or Financial Institution

California residents - your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $83,000 - $95,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs, including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidaysand 401(k), in addition to other special perks reserved for our team members

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-Chicago, 70 W Madison St Fl 8

Employment Type

Regular

Weekly Hours

40

Skills

Analytical Thinking, Continuous Improvement Techniques, Control Frameworks, Group Problem Solving, Operation Risk Management, Risk Assessments, Risk Monitoring

What CIBC employees say

Hours and flexibility

Workplace

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