How Much Does a Vendor Risk Analyst Make in Illinois?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Vendor Risk Analyst in Illinois is $133,376. While Salary.com is seeing that Vendor Risk Analyst salary in IL can go up to $155,050 or down to $109,538, but most earn between $120,899 and $144,721. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $120,899 10% $109,538 90% $155,050 75% $144,721 $133,376 50%(Median)
Related Job Titles to Vendor Risk Analyst
Vendor Risk Manager
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$70,166
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Similar Job Salaries to Vendor Risk Analyst by Company

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Company average base salary in (usd) range
Medline
Analyst Prime Vendor
$92,607/yr
$81,130
$104,084
RANGE: $81,130 - $104,084
Ferrara
Analyst, Vendor Management Inventory
$86,755/yr
$75,887
$97,623
RANGE: $75,887 - $97,623
BlueVoyant
Analyst, Vendor Risk Management
$93,563/yr
$81,180
$105,945
RANGE: $81,180 - $105,945
UMRF Ventures Inc.
Vendor Risk Security Analyst
$93,005/yr
$81,929
$104,082
RANGE: $81,929 - $104,082
Aquent
Vendor Compliance and Risk Analyst
$105,617/yr
$90,887
$120,347
RANGE: $90,887 - $120,347
Vedder Price
Risk Analyst
$103,974/yr
$89,423
$118,524
RANGE: $89,423 - $118,524
PEAK6 InsurTech
Risk Analyst
$103,974/yr
$89,423
$118,524
RANGE: $89,423 - $118,524
$103,974/yr
$89,423
$118,524
RANGE: $89,423 - $118,524
DRW
Risk Analyst
$0/yr
$0
$0
RANGE: $0 - $0

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Top 10 Highest Paying Cities For Vendor Risk Analyst Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Vendor Risk Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Vendor Risk Analyst job salaries in Illinois. Some cities can pay higher salaries for Vendor Risk Analyst jobs, which can indicate that there is a large demand for Vendor Risk Analyst positions in this city.
The following table shows top 10 cities where the Vendor Risk Analyst salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Vendor Risk Analyst salary is $136,766 in Chicago, which is higher than the national average. There are 20 cities' Vendor Risk Analyst salary higher than national average in Illinois.
The average salary for a Vendor Risk Analyst in Illinois is $133,376, but we found that the city with the highest salary for Vendor Risk Analyst jobs is Chicago, IL, and it is higher than Cicero. Vendor Risk Analyst jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $136,766 $11,397 $2,630 $66
Cicero $136,766 $11,397 $2,630 $66
Evanston $136,766 $11,397 $2,630 $66
Oak Park $136,766 $11,397 $2,630 $66
Skokie $136,766 $11,397 $2,630 $66
Oak Lawn $136,636 $11,386 $2,628 $66
Des Plaines $136,375 $11,365 $2,623 $66
Mount Prospect $136,245 $11,354 $2,620 $66
Aurora $135,593 $11,299 $2,608 $65
Hoffman Estates $135,593 $11,299 $2,608 $65

What Does a Vendor Risk Analyst Do?

If you have worked previously in the position of a vendor risk analyst or are holding the role with your present employer, it will be wise to include the professional or work experience section to your resume if you are writing one for a new job.
Updated December 06, 2021
It also entails performing vendor documentation review and analysis, documenting and reporting risks to vendor assessment management team, business partners, and vendors; identifying and measuring risk associated with vendor security controls, and many more.
Updated December 01, 2021
Stay current with all vendor management regulatory requirements and changes as well as industry best practices which would influence the M&T Bank Vendor Risk Management Program.
Updated November 19, 2021
Perform vendor due diligence, participating in risk assessments to assist with efforts to mitigate risks and support efforts to ensure successful vendor performance.
Updated October 27, 2021
Work closely with the Vendor Management department to collect data from Vendors that support the completion of both the Due Diligence Questionnaire and the Vendor Risk Assessment.
Updated October 20, 2021

Frequently Asked Questions About a Vendor Risk Analyst Salaries

What is the average of a Vendor Risk Analyst in Illinois?

The Vendor Risk Analyst salary range is from $120,899 to $144,721, and the average Vendor Risk Analyst salary is $133,376/year in Illinois. The Vendor Risk Analyst's salary will change in different locations.

Which location pays the highest Vendor Risk Analyst salary in the United States?

The Vendor Risk Analyst salary in San Jose, CA is $163,624 which is the highest in the US.

What kinds of reasons will influence the Vendor Risk Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Vendor Risk Analyst.

What is the growth rate of the Vendor Risk Analyst's salary?

If you are thinking of becoming a Vendor Risk Analyst or planning the next step in your career, find the detailed salary report of a Vendor Risk Analyst.