Risk Analyst
William Blair • Chicago, IL • Full Time
Posted on Fri, Jun 12, 2026
Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.
Join William Blair, the Premier Global Partnership.
The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs, and develop and analyze alternatives for risk mitigation. Apply knowledge of enterprise risk management principles and methodologies to aid business partners in establishing lines of defense to address risks and monitor their effectiveness. Recommend solutions to address potential risk changes and future trends. Assist in educating employees on risk awareness and the firm’s enterprise risk management framework.
Responsibilities include but may not be limited to:
- Develop and maintain an understanding of assigned business areas, including their current processes, systems, initiatives, market environment, and business strategies and challenges.
- Identify and analyze specific operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the business area.
- Categorize and assess the severity of risks within a defined framework. Identify potential risk impact and costs to the firm.
- Utilize enterprise risk management principles and methodologies to perform quantitative analysis such as risk grading, financial risk, rate of failure.
- Collaborate with business partners to recommend solutions to reduce or control risk.
- Develop reports and presentations to outline findings and recommendations for risk mitigation opportunities and costs.
- Provide risk management perspective to business areas as they consider proposed changes in their organization, operations or systems. Educate businesses in understanding and addressing operational, legal and regulatory and financial risks.
- Identify and assess changes in government legislation and advise on compliance.
- Continuously update assigned components of the enterprise risk portfolio. Monitor progress on risk mitigation efforts.
- Develop contingency plans to deal with emergencies such as business continuity, emergency response, crisis communication.
- Ensure all work activities are in compliance with applicable rules, regulations, policies and procedures.
- Additional responsibilities as requested.
Qualifications:
- Bachelor’s Degree required
- 2 – 5 years of financial services industry and risk management experience required, preferably in a risk, audit, or compliance roleStrong written and verbal communication skills
- Knowledge of enterprise risk principles and methodologies
- Knowledge of applicable regulations
- Ability to develop cross-functional relationships to achieve project objectives
- Project management and prioritization skills
- Critical thinking and problem solving skills