Risk Analyst Visa Sponsorship Jobs in Illinois
Illinois is a major hub for risk analyst hiring, with demand concentrated in Chicago's financial district, insurance corridor, and trading firms like CME Group and Northern Trust. Multinational banks, consulting firms, and insurance companies across the state regularly sponsor H-1B visas for qualified risk analysts, making Illinois one of the stronger markets for international candidates in this field.
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INTRODUCTION
The Global Cybersecurity Risk Analyst will support the identification, assessment, communication, and management of cybersecurity and information risks across the organization. This role will help ensure that operational activities, technologies, and third-party relationships are appropriately evaluated and managed to reduce risk exposure and potential business impact.
The Analyst will assess risks associated with business operations and third-party providers, including cybersecurity practices and applicable legal, regulatory, contractual, and industry requirements. The role will also support the documentation, tracking, and reporting of identified risks and issues and help ensure that appropriate mitigation actions are implemented to reduce residual risk to acceptable levels.
ROLE AND RESPONSIBILITIES
- Support focused cybersecurity and information risk assessments for new and existing technologies, services, business initiatives, and third-party providers.
- Identify and document risk scenarios, including relevant assets, threats, vulnerabilities, controls, likelihood, and potential business impact.
- Communicate risk assessment findings clearly and effectively to risk owners, business stakeholders, information governance teams, and cybersecurity teams.
- Provide risk-based guidance that enables stakeholders to make informed decisions regarding risk acceptance, mitigation, transfer, or avoidance.
- Identify and recommend appropriate controls and risk treatment activities to effectively manage cybersecurity and information risks.
- Identify opportunities to improve the organization’s risk posture and assist in developing remediation and mitigation strategies.
- Assess residual risk following the implementation of mitigating or compensating controls.
- Track identified risks, issues, remediation activities, and risk events through closure.
- Support the execution of the third-party/vendor risk management lifecycle, including risk assessments, due diligence, control validation, ongoing monitoring, and remediation tracking.
- Support responses to external customer cybersecurity and information security questionnaires.
- Apply applicable legal, regulatory, contractual, and industry requirements when evaluating cybersecurity and third-party risks.
- Support risk reporting and documentation to provide appropriate visibility into material risks, issues, and remediation activities.
BASIC QUALIFICATIONS
- Bachelor’s or master’s degree in business, Computer Science, Cybersecurity, Information Security, or a related field.
- 2+ years of experience in cybersecurity, information security, technology risk, or a related risk management role.
- 2+ years of experience managing risk and compliance matters or supporting applications, coordinating managed service provider activities, projects, systems, or third-party relationships requiring risk identification, assessment, remediation, and monitoring.
- Demonstrated understanding of operational, cybersecurity, information security, and technology risks.
- Strong business acumen with the ability to assess cybersecurity risks and potential impacts in the context of operational, financial, regulatory, and business objectives.
- Experience evaluating complex third-party risks through vendor risk management, information security, regulatory compliance, or audit activities.
- Hands-on experience using ServiceNow to perform and manage Vendor Risk Assessments.
- Experience working with recognized cybersecurity, risk, and compliance frameworks and methodologies, such as ISO/IEC 27001, COBIT, NIST Cybersecurity Framework, NIST SP 800-series guidance, and FAIR.
PREFERRED QUALIFICATIONS
What We Offer:
Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $86,400-$115,100 USD and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary.
This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday and personal days (totaling 12 days) and sick time off (72 hours).
LI-MK2
LI-Hybrid
A global leader in applied safety science, UL Solutions (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers’ products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.
Risk Analyst Job Roles in Illinois
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Search Risk Analyst Jobs in IllinoisRisk Analyst Jobs in Illinois: Frequently Asked Questions
Which companies sponsor visas for risk analysts in Illinois?
Chicago-based financial institutions are the most consistent sponsors for risk analyst roles in Illinois. Companies including Northern Trust, CME Group, Morningstar, Allstate, Aon, and major banks like JPMorgan Chase and BMO Harris have filed H-1B petitions for risk analyst positions. Large consulting firms such as Deloitte and Accenture, which maintain significant Illinois operations, also sponsor risk analysts with quantitative or financial modeling backgrounds.
Which visa types are most common for risk analyst roles in Illinois?
The H-1B is the most common visa for risk analysts in Illinois, as the role typically qualifies as a specialty occupation requiring at least a bachelor's degree in finance, mathematics, statistics, or a related field. Candidates with an active F-1 OPT or STEM OPT extension can work while pursuing H-1B sponsorship. Those with extraordinary research credentials may also explore O-1 visa classification, though this is less common for standard analyst roles.
Which cities in Illinois have the most risk analyst sponsorship jobs?
Chicago accounts for the overwhelming majority of risk analyst sponsorship opportunities in Illinois. The Loop and River North financial districts host the densest concentration of banks, insurance companies, and trading firms actively hiring. Suburban areas like Schaumburg and Deerfield also have relevant employers, particularly in insurance and corporate risk functions, but Chicago proper remains the primary market for international candidates seeking sponsored risk analyst positions.
How to find risk analyst visa sponsorship jobs in Illinois?
Migrate Mate filters job listings specifically by visa sponsorship availability, making it straightforward to identify Illinois employers actively hiring risk analysts who will sponsor. Rather than sifting through general postings, you can search directly for risk analyst roles in Illinois on Migrate Mate and see which companies have a documented history of H-1B sponsorship for this type of position, saving significant time in your job search.
Are there state-specific factors that affect risk analyst sponsorship in Illinois?
Illinois has one of the largest concentrations of financial services, insurance, and derivatives trading employers in the United States, which translates to a deeper pool of H-1B-sponsoring firms for risk analysts compared to most other states. The University of Chicago, Northwestern, and University of Illinois also generate a significant pipeline of quantitative finance graduates, meaning employers in the state are familiar with sponsoring international candidates from these programs.
What is the prevailing wage for sponsored risk analyst jobs in Illinois?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.