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 53 Jobs

Credit Analyst I

  • Mattoon, IL
  • 12 hours ago
  • Mattoon, IL
  • 12 hours ago

Monitor loan requests and assign risk ratings that are based on established written lending policies and regulatory guidelines....

Senior Futures Market/Credit Risk Analyst

  • Chicago, IL
  • 21 hours ago
  • Chicago, IL
  • 21 hours ago

Join Macquarie's Futures team as a Market/Credit Risk Analyst and be part of a global team providing 24-hour coverage of Futures Cleared clients' market with exposure to work in a "follow the sun" model...

Credit Analyst II

  • Champaign, IL
  • 2 days ago
  • Champaign, IL
  • 2 days ago

at First Busey Corporation in Champaign, Illinois, United States Job Description Position SummaryThe Credit Analyst II provides accurate, timely, and succinct credit analysis to support the company's...

analysis highly preferred Good analytical, organizational and communication skills Word, Excel, Access, and PowerPoint Eligible to work in the US The expected base salary ranges from $65,000 - $80,000...

Credit Risk Analyst - Hybrid

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

Provide data and analytics support to assess risk with respect to future new and enhanced lending products as well as potential loan trading transactions....

Remote Work

VP, Credit Risk Analyst - Credit Card Strategy (Remote)

  • Springfield, IL
  • 4 days ago
  • Springfield, IL
  • 4 days ago

SUMMARY : The Credit Risk Analyst will be responsible for supporting the development and management of the Credit Risk Strategies for the Credit Card product....

Remote Work

Credit Analyst

  • Orland Park, IL
  • 4 days ago
  • Orland Park, IL
  • 4 days ago

Commercial credit analysis experience preferred. Effective writing and data entry skills....

Lead Risk Management Specialist - Supervision & Regulation

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

Company Federal Reserve Bank of Chicago The Risk Management job family focuses on risk driven supervision and analytics for a broad array of risk areas, products areas, and institutions or service...

Risk Management Analyst

  • Wilmette, IL
  • 5 days ago
  • Wilmette, IL
  • 5 days ago

Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market...

Credit Analyst Intern Temporary - Full Time

  • Burr Ridge, IL
  • 5 days ago
  • Burr Ridge, IL
  • 5 days ago

Summary: The Credit Analyst Intern is responsible for various duties in the department including analysis of financial information for annual term loan reviews. Analyst will also be responsible...

Senior Third Party Risk Management Analyst

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

Overview Connecting clients to markets and talent to opportunity With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents,...

Risk Management Analyst

  • Northbrook, IL
  • 7 days ago
  • Northbrook, IL
  • 7 days ago

We have a culture that encourages an entrepreneurial spirit We offer multiple opportunities for development and upward mobility What you will do: The Risk Analyst is responsible gathering and analyzing...

Risk Analyst

  • Chicago, IL
  • 11 days ago
  • Chicago, IL
  • 11 days ago

As a Risk Analyst on our Risk Operations team, you will work across a wide variety of asset classes to deliver risk analytics and implement/monitor risk data controls....

Senior Model Risk Analyst

  • Fairview Heights, IL
  • 12 days ago
  • Fairview Heights, IL
  • 12 days ago

Job Title: Senior Model Risk Analyst Job Description: Summary The Senior Model Risk Analyst position at the Enterprise Bank & Trust is responsible for helping ensure compliance with the Bank's Model...

Risk & Compliance Analyst Sr IT

  • Bannockburn, IL
  • 12 days ago
  • Bannockburn, IL
  • 12 days ago

at Stericycle, Inc. in Bannockburn, Illinois, United States Job Description Work Location: Bannockburn, IL Position Purpose: The Risk & Compliance Analyst Sr IT will be responsible for defining...

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 & Return
Learn how to measure the risk and return of equity and debt; and compute the weighted average of cost of capital. In this course, you will learn to estimate the expected return of equity and debt....

Title Synonyms

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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
43.9%
Master's Degree
23.7%
High School or GED
12.1%
Associate's Degree
9.4%
Vocational Degree or Certification
7.4%
Some College
1.5%
Doctorate Degree
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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