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Urgently Hiring Probabilistic Risk Analysis Engineer Jobs in Chicago, IL

Principal Credit Risk Analyst

Chicago, IL · On-site

$119K - $204K/yr

Conduct third-party quarterly mortgage & consumer loan portfolio performance analysis. * Provide ... Typical hiring range: $119,400.00 to $204,600.00 Annually. Actual compensation will be determined ...

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Learn more about our hiring process here. Don't be afraid to let us know if you need more ...

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At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Learn more about our hiring process here. Don't be afraid to let us know if you need more ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Learn more about our hiring process here. Don't be afraid to let us know if you need more ...

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Learn more about our hiring process here . Don't be afraid to let us know if you need more ...

Credit Risk Analyst

Chicago, IL · On-site

$100K - $130K/yr

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Learn more about our hiring process here. Don't be afraid to let us know if you need more ...

Credit Risk Analyst

Chicago, IL · Hybrid

$100K - $130K/yr

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Learn more about our hiring process here. Don't be afraid to let us know if you need more ...

Proficiency in Python for data analysis, risk analytics, or automation * Working knowledge of SQL is preferred * Ability to communicate complex quantitative concepts to traders, engineers, and ...

Experienced Risk Manager

Chicago, IL · On-site

$150K - $210K/yr

Proficiency in Python for data analysis, risk analytics, or automation * Working knowledge of SQL is preferred * Ability to communicate complex quantitative concepts to traders, engineers, and ...

Experienced Risk Manager

Chicago, IL · On-site

$150 - $210/hr

Proficiency in Python for data analysis, risk analytics, or automation * Working knowledge of SQL is preferred * Ability to communicate complex quantitative concepts to traders, engineers, and ...

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Showing results 21-40

Urgently Hiring Probabilistic Risk Analysis Engineer information

See Chicago, IL salary details

$39.1K

$119.4K

$197.3K

How much do urgently hiring probabilistic risk analysis engineer jobs pay per year?

As of Aug 21, 2026, the average yearly pay for urgently hiring probabilistic risk analysis engineer in Chicago, IL is $119,357.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,500.00 and $156,100.00 per year, depending on experience, location, and employer.

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Principal Credit Risk Analyst

Alliant

Chicago, IL • On-site

$119K - $204K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 10 hours ago


Alliant Insurance Services rating

8.7

Company rating: 8.7 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

70th of 311 rated insurance


Job description

In this hybrid role based at our Chicago Headquarters, you will provide data-driven insights and recommendations for the effective management of the risk-return trade-off across consumer lending portfolios such as credit cards, personal loans, auto loans, etc.. Lead significant workstreams and initiatives leveraging data and analytics. Build productive and constructive relationships with key partners across different functions including but not limited to business line managers, finance, compliance. Drive the development of analytical frameworks and strategies for loan origination, loss forecasting, capital planning and CECL. Analyze data to identify the quantitative and qualitative factors driving the credit risk for consumer & mortgage loans.
Essential Responsibilities
  • Use data and analytics to develop analytical frameworks and strategies for loan origination strategies, loss forecasting, capital planning and CECL.
  • Analyze origination risk factors and recommend improvements in underwriting criteria and loan product pricing to increase loan volumes within the risk appetite.
  • Review and monitor credit risk for existing accounts in open-ended lending products such as credit card, HELOCs, etc., and recommend line management strategies.
  • Support new data acquisition and guide less experienced analysts and other functional areas on current data intricacies.
  • Conduct third-party quarterly mortgage & consumer loan portfolio performance analysis.
  • Provide thought leadership and rule recommendations for loan origination system implementation and maintenance.
  • Assess the risk-adjusted profitability (NPV) of new originations across the portfolios managed.
  • Drive analytical projects of high complexity from inception to completion and provide guidance to less experienced analysts on specific projects.
  • Ensure effective communication with management and key stakeholders from other functional areas.
  • Complete credit risk analytics, which includes but is not limited to loan origination strategy, economic capital setting, credit loss modeling and mitigation, CECL implementation
  • Partner with other areas such as Loss Prevention & Recovery to enable sound collection strategies.
  • Collaborate with database administration to streamline two-way communication to ensure data quality.
  • Query the data warehouse and other databases to extract, summarize, and save relevant data.
  • Drive improvements in test set-up to more accurately assess effectiveness of proposed risk strategies and team up with other departments for project implementation.
  • Evaluate, implement, and monitor internally developed or third-party scoring solutions.
  • Present recommendations and findings to management
  • Develop periodic reports for audit and regulatory compliance and assist with ad hoc requests.
  • Help formulate and revise credit policies and procedures to address new regulations.

Education & Years of Experience
  • Minimum - Graduate Degree in Mathematics, Statistics, Quantitative Finance, Financial Engineering, Computer Science or related
  • Minimum - 6 Years of Analytics, Credit Risk or related

In Lieu of Education
  • 10 years of Analytics, Credit Risk or related

Compensation & Benefits:
Typical hiring range: $119,400.00 to $204,600.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:
  • Annual performance bonus
  • Work from home up to 3 days a week
  • Paid parental leave
  • Employee discount programs
  • Time off including paid personal and sick days
  • 11 paid holidays
  • Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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