Policy Analyst Jobs in Illinois

A Policy Analyst in the banking industry is responsible for researching, developing, and implementing policies, procedures, and regulations relevant to the bank's operations. They often review current policies to ensure compliance with ever-changing banking laws and regulations, and make necessary recommendations for improvements. They also play a critical role in risk management by identifying potential risks and proposing mitigation strategies. Policy Analysts additionally assist in training staff on policy changes and participate in auditing processes.

Important skills for a Policy Analyst include excellent research and analytical abilities, strong communication and presentation skills, a deep understanding of banking laws and regulations, as well as project management skills. A bachelor's degree in Finance, Economics, or related field is usually required, while a master's degree or certifications like Certified Regulatory Compliance Manager (CRCM) or Certified Anti-Money Laundering Specialist (CAMS) can provide a competitive edge. Prior to becoming a Policy Analyst, one might have roles such as Compliance Officer, Risk Analyst, or Financial Analyst within the banking or financial services sector.

1-8 of 8 Jobs

Risk Process Analyst - Market Behavior Analytics

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

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and...

Manager Physician Support, Digital Applications & Regulatory Compliance

  • New Lenox, IL
  • 6 days ago
  • New Lenox, IL
  • 6 days ago

Silver Cross Hospital is an extraordinary place to work. Were known for our culture of excellence and delivery of unrivaled experiences for our patients, their families, the communities we...

Senior Regulatory Compliance Auditor

  • Champaign, IL
  • 12 days ago
  • Champaign, IL
  • 12 days ago

at First Busey Corporation in Champaign, Illinois, United States Job Description Position SummaryThe Senior Regulatory Compliance Auditor is responsible for evaluating that internal controls are...

Process Improvement Analyst - Full-time

  • Chicago, IL
  • 26 days ago
  • Chicago, IL
  • 26 days ago

Location: Chicago, Illinois Business Unit: Rush Medical Center Hospital: Rush University Medical Center Department: Basic & Trans. Science Ops Work Type: Full Time (Total FTE between 0.9 and 1.0)...

Sr. Finance Process Analyst

  • Northfield, IL
  • 45+ days ago
  • Northfield, IL
  • 45+ days ago

Job Summary Within the finance function, we aim to drive process improvement through digital automation. Join our finance innovation team to build upon recent successes of digital automation. This...

Regulatory & Compliance Attorney

  • Peoria, IL
  • 90+ days ago
  • Peoria, IL
  • 90+ days ago

The ideal candidate will have demonstrated knowledge of consumer financial services laws, including the Truth in Lending Act (TILA), Equal Credit Opportunity Act (ECOA), Electronic Funds Transfer Act...

Manager - Risk Consulting - Regulatory Compliance

  • Chicago, IL
  • 90+ days ago
  • Chicago, IL
  • 90+ days ago

., TILA, RESPA, HMDA, FCRA, FACT, fair lending, CRA, Reg. D, Reg. E, Reg. DD, Reg. EE, Reg. O, GLBA, privacy, UDAAP, etc.)...

Presenter/Director - Financial Regulatory Compliance Educational Services

  • Chicago, IL
  • 90+ days ago
  • Chicago, IL
  • 90+ days ago

Preferred Qualifications: Regulatory background or legal profession experience Industry recognized compliance certification(s): ABA Certified AML and Fraud Professional (CAFP) ACAMS Certified Anti-Money...

Demographic Data for Illinois

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


Local
National
12,812,477
319,486

Policy 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.
Macroeconomics Policy
Learn to analyse contemporary macroeconomic policy issues and their impacts on business and on society. This course looks into what the Aggregate Demand Aggregate Supply (ADAS) model is and how it...
U.S. Public Policy: Social, Economic, and Foreign Policies
Learn about public policy in America and the dynamics of American politics. Public policy puts laws into action. The executive branch directs the combined activities of the federal government to...
Energy Economics and Policy
Learn the economics of real-world energy markets, and how various policies can address the impact of rising global energy demand on the environment and climate. With renewable sources playing an...

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Salary for Policy Analyst Jobs in Illinois

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

Highest Education Level

Policy Analysts in Illinois offer the following education background
Bachelor's Degree
41.0%
Master's Degree
23.7%
High School or GED
12.3%
Associate's Degree
8.2%
Vocational Degree or Certification
7.2%
Doctorate Degree
5.0%
Some College
2.3%
Some High School
0.2%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Policy Analysts in Illinois
4-6 years
42.3%
2-4 years
23.1%
1-2 years
11.5%
10+ years
11.5%
6-8 years
7.7%
8-10 years
3.8%



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