Top Risk Analyst Jobs in Chicago, IL

Lead credit risk strategy for lending products by analyzing portfolio performance, identifying risk drivers, refining underwriting and pricing policies, and conducting A/B tests. Partner with Data Science to develop and monitor credit models, while building AI-enabled workflows that automate analysis and surface risk signals. Collaborate cross-functionally with Risk, Product, Engineering, Operations, and Data Science to support scalable fintech growth and compliant automated credit decisioning.

Supports TransUnion’s operational risk and control assurance program by developing testing methodologies, evaluating control design and effectiveness, identifying gaps, investigating incidents, assessing policy compliance, documenting findings, and recommending remediation. The role analyzes risk and control data, presents results to stakeholders and leadership, and collaborates across the business to strengthen enterprise risk management and control culture.

Leads technology-focused internal audits and risk advisory engagements involving ITGCs, automated controls, key reports, ERP systems, cloud solutions, and SOX compliance. Assesses control design and effectiveness, identifies risk exposures, develops remediation recommendations, oversees audit workstreams, coaches analysts, prepares audit documentation, and improves audit methodologies and testing approaches.

Executes technology-focused internal audit and risk advisory engagements, including SOX compliance testing, IT general and automated control testing, system implementation reviews, risk assessments, operational audits, and SOC report reviews. The role evaluates control design and effectiveness, documents audit findings, supports remediation, and advises stakeholders on technology risk across enterprise applications, infrastructure, and cloud environments.

Analyze complex trading positions and portfolios, perform stress tests and scenario analyses, develop risk methodologies and analytics, investigate incidents and limit breaches, and communicate actionable risk insights to traders and senior stakeholders. The role partners with quantitative researchers and engineers to improve trading risk tools, systems, processes, and frameworks.

Supports compliance governance, risk assessment, audit and exam activities, remediation tracking, dashboard governance, reporting, quality assurance, documentation, business continuity, and process improvement. The role partners with cross-functional stakeholders, facilitates governance meetings, communicates risk insights to leadership, and advocates for AI-enabled workflows using Google tools and related technologies.

Own credit risk policy optimization, limit-setting, experimentation, forecasting, and portfolio monitoring. Design A/B tests, build performance reporting and dashboards, identify emerging risks, and partner with Machine Learning, Product, Engineering, and Operations to improve risk models and customer outcomes. Monitor deployed model performance and translate analytical findings into actionable policy and product changes.

Analyze Home Equity pricing, profitability, portfolio performance, market trends, and competitive intelligence. Develop financial models, scenario analyses, dashboards, reporting, and executive presentations to support pricing recommendations and strategic decisions. Partner with Product, Operations, Sales, Credit Risk, Marketing, Finance, and Strategy teams to implement and measure initiatives that improve profitability, competitiveness, portfolio performance, and customer outcomes.

Analyzes third-party risk data, builds and maintains reports, identifies emerging risks and control gaps, and translates findings into actionable business intelligence. Coordinates multiple strategic and business-as-usual projects while collaborating with internal risk teams and business partners. The role requires stakeholder influence, cross-functional relationship building, and support for risk-informed enterprise decisions within the Operational Risk Management function.

Reviews and underwrites new merchant applications for KYC, AML, card-brand, processor, and regulatory compliance. Analyzes flagged transactions, merchant histories, and payment-processing statements to assess risk and recommend approvals or limits. Supports fraud detection and risk-management improvements, handles payment-related inquiries and escalations, and collaborates with internal teams and external partners.

Assess and manage financial risk (chargebacks) for enterprise merchants, improve risk management framework, lead cross-functional projects, advise credit risk committee, and collaborate with Product, Legal, and Commercial teams.

Develop and validate quantitative models supporting loan loss forecasting and allowance for credit losses. Partner with business and model risk teams to enhance analytical frameworks, apply statistical and machine learning methods, automate processes, and build cloud-based data solutions. Analyze large datasets, communicate modeling and validation results, and produce transparent technical documentation and reports for diverse audiences.

Analyze applicant and account data to support credit underwriting, fraud detection, portfolio monitoring, delinquency management, and collections strategies. Interpret business financial statements, banking data, and credit reports; build dashboards, behavioral segments, and performance cohorts; and evaluate credit product profitability, customer lifetime value, losses, and risk-adjusted returns. Communicate findings to influence risk management and product strategy.

Investigates complex, high-risk user business cases and makes evidence-based risk decisions in ambiguous situations. The role develops tailored mitigation strategies, collaborates with Risk, Legal, Compliance, Product, and partners, communicates findings to varied audiences, engages directly with users, identifies systemic trends, and improves processes, decision frameworks, documentation, playbooks, and tooling.

Leads operational risk management activities within the Second Line of Defense, including risk assessments, RCSAs, control monitoring and testing, issue management, remediation validation, governance reporting, and regulatory or audit support. The role independently challenges First Line practices, evaluates control effectiveness and residual risk, identifies emerging risks, communicates findings to stakeholders and governance committees, and helps enhance the organization’s operational risk framework.

Monitor and configure trade risk across FX/CFD accounts, investigate abnormal trading and client abuse, review suspicious accounts, and oversee live positions, margin, leverage, and execution settings. Build Python and SQL monitoring tools, dashboards, and investigation reports. Manage liquidity-bridge relationships, contribute to risk policies and controls, and respond to management and support requests.

Conduct independent validation of bank-wide statistical, econometric, mathematical, AI, machine learning, and qualitative models. Assess conceptual soundness, implementation accuracy, data integrity, governance, and performance through back testing, sensitivity analysis, scenario analysis, and benchmarking. Prepare validation reports, manage findings, support model governance and regulatory exams, collaborate with stakeholders, and improve validation processes through automation.

Own diligence and underwriting for institutional counterparties, recommend internal credit ratings and risk-based limits, monitor portfolio exposures, analyze asset volatility/liquidity for limit-setting, negotiate industry documentation, and collaborate with cross-functional teams to resolve complex client or product issues.

Reviews fraud appeals, high-risk transactions, pending payments, user behavior, and chargeback or representment cases. Matches payment and identity documentation, evaluates fraud risk across business lines, handles customer escalations, follows and updates SOPs, meets SLA and accuracy targets, and reports fraud trends to strategy teams. The role also supports blacklist releases, whitelisting, transaction approvals, and enforcement of policies across a global user base.

Detect and prevent fraudulent financial activity by monitoring transactions, investigating incidents, recording fraud losses, conducting root-cause analysis, improving controls, tracking emerging threats, supporting fraud-management infrastructure, and providing fraud-awareness training and guidance to business units.

Analyze financial transactions to detect fraud, investigate incidents, record losses, identify root causes, improve controls, monitor emerging threats, maintain fraud intelligence networks, support fraud risk infrastructure, and provide awareness training and guidance to business and support teams.

Analyzes financial transactions to detect and prevent fraud, investigates incidents, records losses, performs root cause analysis, and recommends control improvements. The role monitors emerging fraud threats, maintains industry intelligence networks, supports fraud risk infrastructure, and provides training and guidance to business and support teams on fraud awareness and mitigation.

Reviews fraud appeals, high-risk transactions, pending reviews, chargebacks, and representment cases. Analyzes user behavior, payment details, proof documents, fraud trends, and business-line risk factors to determine appropriate actions. Handles escalations, blacklist releases, whitelisting, and customer responses according to SOPs. Ensures cases meet SLA and accuracy requirements while identifying emerging fraud patterns and supporting compliance across global users.

Analyze financial transactions to detect and prevent fraud, investigate incidents, document losses, identify root causes, improve controls, monitor emerging fraud trends, maintain industry intelligence networks, support fraud-risk infrastructure, and provide fraud-awareness training to business and support teams.

Leads credit risk, pricing, underwriting, portfolio optimization, and policy strategies for Home Equity products. Analyzes credit performance, profitability, forecasting, customer behavior, collateral, and market trends to support risk-adjusted growth and capital decisions. Partners with Product, Finance, Operations, Technology, Compliance, and Credit Policy teams to implement decision rules, business requirements, controls, and process improvements. Develops monitoring tools and executive reporting, supports governance and regulatory activities, and mentors junior analysts.