Risk Analyst Jobs in Illinois

A Risk Analyst in the banking industry identifies and analyses potential risks that could negatively impact the financial performance and reputation of the bank. They use their analytical skills to examine market trends, regulatory frameworks, economic data and the bank's business strategies to assess potential risks. These risks could come from diverse sources such as credit and market risk, operational risk, and regulatory risk. They produce risk reports and present their findings to the bank's management team and suggest ways to control, reduce, or prevent these risks. They also play a critical role in formulating risk management policies and processes.

For this role, a strong background in finance, economics, or statistics is usually required. Proficiency in statistical analysis software and data analysis is also critical. They should have good communication skills as they often need to present complex risk assessments to non-experts. Many employers prefer candidates with professional certifications such as the Financial Risk Manager (FRM) or the Professional Risk Manager (PRM). Before becoming a Risk Analyst, a person might have roles such as a Financial Analyst, Credit Analyst, or Data Analyst.

1-15 of 43 Jobs

Credit Services Specialist

  • Rosemont, IL
  • 5 hours ago
  • Rosemont, IL
  • 5 hours ago

Qualifications: 1-3 years experience general banking experience preferred, commercial lending and loan documentation experience a plus....

Risk Analyst

  • Moline, IL
  • 22 hours ago
  • Moline, IL
  • 22 hours ago

Job Type Full-time Description The Risk Analyst is responsible for identifying, analyzing, and monitoring risks across operational, financial, strategic, and compliance domains....

Credit Operations Analyst

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day ago

About Stripe Stripe is a financial infrastructure platform for businesses. Millions of companies - from the world's largest enterprises to the most ambitious startups - use Stripe to accept...

Credit Analyst II

  • Schaumburg, IL
  • 2 days ago
  • Schaumburg, IL
  • 2 days ago

Position Summary The Credit Analyst II provides accurate, timely, and succinct credit analysis to support the company's portfolio management and new business development efforts....

Operational Risk Analyst (Remote)

  • Chicago, IL
  • 3 days ago
  • Chicago, IL
  • 3 days ago

Operational Risk Analyst under the direction of the Operational Risk Manager. Assists in performing the Operational Risk Event and Operational Risk Issues programs via Predict360....

CRE Credit Analyst

  • Chicago, IL
  • 4 days ago
  • Chicago, IL
  • 4 days ago

Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The...

Credit Analyst

  • Danville, IL
  • 4 days ago
  • Danville, IL
  • 4 days ago

Credit Analysis goes beyond crunching numbers and utilizing spreadsheets....

Senior Financial Crime Risk Management Analyst, KYC High Risk Reviews

  • Metropolis, IL
  • 5 days ago
  • Metropolis, IL
  • 5 days ago

Work Location: Vienna, Virginia, United States of America Hours: 40 Pay Details: $68,640 - $112,320 USD TD is committed to providing fair and equitable compensation opportunities to all...

Senior Depository Credit Analyst

  • Chicago, IL
  • 5 days ago
  • Chicago, IL
  • 5 days ago

Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment....

Senior Credit Analyst

  • Oak Brook, IL
  • 6 days ago
  • Oak Brook, IL
  • 6 days ago

SUPERVISORY RESPONSIBILITIES: None EXPECTATIONS: Working knowledge of finance, accounting, and credit analysis concepts....

Lead Governance, Risk, and Compliance Analyst

  • Chicago, IL
  • 6 days ago
  • Chicago, IL
  • 6 days ago

Job Description About Acrisure A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge...

Corp Bankng Credit Analyst I

  • Chicago, IL
  • 7 days ago
  • Chicago, IL
  • 7 days ago

Description The Credit Analyst I will conduct detailed research and analysis of market data, trends and other factors related to the financing that will be considered as part of credit decisions....

Credit Analyst

  • Champaign, IL
  • 8 days ago
  • Champaign, IL
  • 8 days ago

Position Summary The Credit Analyst provides accurate, timely, and succinct credit analysis to support the company's portfolio management and new business development efforts....

Audit Director, Risk Management

  • Chicago, IL
  • 9 days ago
  • Chicago, IL
  • 9 days ago

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...

Credit Analyst

  • Rockford, IL
  • 10 days ago
  • Rockford, IL
  • 10 days ago

Credit Analysis goes beyond crunching numbers and utilizing spreadsheets....

Demographic Data for Illinois

Moving to Illinois? Find some basic demographic data about Illinois below.


Local
National
12,812,477
319,486

Risk Analyst Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Data Analyst
This eight-course Professional Certificate from IBM prepares you with job-ready skills for an entry level data analyst role. Position yourself competitively and power your data analyst career for...
Cybersecurity Analyst
Get started in the exciting field of Cybersecurity with this IBM Cybersecurity Analyst Professional Certificate! Here you will learn all the important skills you need in order to become a...
Risk Management
Gain a solid foundation in risk management by learning risk assessment, analysis, and management techniques from Wall Street professionals. Taught by instructors with decades of experience on Wall...

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Salary for Risk Analyst Jobs in Illinois

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Risk Analyst positions.



Highest Education Level

Risk Analysts in Illinois offer the following education background
Bachelor's Degree
44.1%
Master's Degree
24.4%
High School or GED
11.7%
Associate's Degree
9.2%
Vocational Degree or Certification
7.2%
Doctorate Degree
1.5%
Some College
1.5%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Risk Analysts in Illinois
1-2 years
30.0%
2-4 years
25.0%
None
25.0%
4-6 years
15.0%
Less than 1 year
5.0%



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