Mid-level Risk Analyst salary in Chicago, IL
Based on 61 certified H-1B filings at DOL wage level II in the Chicago-Naperville-Elgin, IL-IN metro area, FY2025–FY2026. Includes Schaumburg, Naperville, Aurora, Chicaco, Deerfield.
Also listed as: Financial Risk Specialist
Salary range
| Percentile | Salary |
|---|---|
| 10th | $90,000 |
| 25th | $95,000 |
| 50th (median) | $111,600 |
| 75th | $130,000 |
| 90th | $175,000 |
Salary by year
Median salary
Filings per year
Show as table
| Fiscal year | Median | P25 | P75 | Filings |
|---|---|---|---|---|
| FY2020 | – | – | – | 0 |
| FY2021 | – | – | – | 0 |
| FY2022 | – | – | – | 0 |
| FY2023 | $110,000 | $97,761 | $122,534 | 19 |
| FY2024 | $110,000 | $90,002 | $125,000 | 33 |
| FY2025 | $105,772 | $95,000 | $126,557 | 42 |
| FY2026 | $120,000 | $100,500 | $162,120 | 19 |
Cost of living
Chicago's median mid-level Risk Analyst salary of $111,600 is worth about $107,700 at national average prices.
Source: BEA Regional Price Parities, 2024 (U.S. = 100; Chicago = 103.6).
Compared with all workers here
All Financial Risk Specialists in the Chicago, IL area earned a median of $105,370 in May 2025 (2,360 employed). The H-1B median here is $111,600, 6% higher.
Source: U.S. Bureau of Labor Statistics, OEWS metropolitan area estimates. BLS wages include some incentive pay; H-1B figures are base salary.
Employers filing at this level
| Employer | Median | Filings |
|---|---|---|
| EY | $138,600 | 12 |
| Federal Home Loan Bank Chicago | too few | 6 |
| Chicago Mercantile Exchange | too few | 4 |
| Chime Financial | too few | 4 |
| Aon Property Risk Consulting | too few | 3 |
| CIBC Bank | too few | 3 |
| CTC Trading Group | too few | 3 |
| Fifth Third Bank, National Association | too few | 3 |
| Avant | too few | 2 |
| Bank of China | too few | 2 |
Employers with at least 2 filings here. Median shown at 10+ filings.
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | $80,000 | 23 |
| Mid-level · Level II | $111,600 | 61 |
| Senior · Level III | $142,605 | 28 |
| Expert · Level IV | $155,000 | 33 |
Median shown when a level has at least 10 filings.
Minimum H-1B salary by level
| Wage level | Prevailing wage (most common) | Median offered salary | Filings |
|---|---|---|---|
| Entry-level · Level I | $64,584 | $80,000 | 23 |
| Mid-level · Level II | $89,710 | $111,600 | 61 |
| Senior · Level III | $113,942 | $142,605 | 28 |
| Expert · Level IV | $138,632 | $155,000 | 33 |
The prevailing wage is the minimum an employer must pay for this job and area. Amounts vary by county within a metro and by wage source.