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Associate Risk Manager Jobs in Minneapolis, MN (NOW HIRING)

Howden Group

Associate Director

Edina, MN · On-site

$175K/yr

... As an Associate Director on the Catastrophe Analytics R&D team, you will collaborate with ... managing catastrophe risk. Your focus will be split between servicing clients (25-50%) and R&D ...

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All JobsAssociate Risk JobsAssociate Risk Manager JobsAssociate Risk Manager Jobs in Minneapolis, MN

Associate Risk Manager information

See Minneapolis, MN salary details

$12

$26

$52

How much do associate risk manager jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for associate risk manager in Minneapolis, MN is $26.53, according to ZipRecruiter salary data. Most workers in this role earn between $18.08 and $31.11 per hour, depending on experience, location, and employer.

What does an associate risk manager do?

An Associate Risk Manager is responsible for helping organizations identify, assess, and minimize risks that could impact their operations, finances, or reputation. They work closely with senior risk managers to develop risk management strategies, conduct risk assessments, and implement control measures. Their duties may also include analyzing data, preparing reports, and ensuring compliance with regulatory requirements. This role is often entry-level or early-career, providing foundational experience in risk management practices. Associate Risk Managers play a key role in supporting the overall risk management framework within an organization.

What are the key skills and qualifications needed to thrive as an associate risk manager?

To thrive as an Associate Risk Manager, you need strong analytical abilities, knowledge of risk assessment methodologies, and a bachelor's degree in finance, business, or a related field. Familiarity with risk management software, Microsoft Excel, and relevant certifications such as CRM or FRM are commonly expected. Excellent communication, problem-solving skills, and attention to detail help you collaborate effectively and identify potential risks. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to support informed decision-making and safeguard company assets.

What are some common challenges an associate risk manager faces when collaborating across departments?

Associate Risk Managers often work closely with various departments such as finance, operations, and compliance to identify and mitigate risks. A common challenge is ensuring clear communication and alignment, as different teams may have varying priorities and levels of risk awareness. Successfully navigating these dynamics requires strong interpersonal skills and the ability to translate complex risk concepts into actionable recommendations for non-specialists. Building trust and maintaining open lines of communication are key to fostering effective cross-departmental collaboration.

What is the difference between Associate Risk Manager vs Risk Analyst?

AspectAssociate Risk ManagerRisk Analyst
CredentialsBachelor's degree, certifications like CRM or FRM often preferredBachelor's degree, certifications like CRM or FRM beneficial
Work EnvironmentCollaborates with risk management teams, involved in strategy developmentAnalyzes data, assesses risks, supports risk management decisions
Employer & Industry UsageInsurance, banking, corporate risk departmentsFinancial services, insurance, consulting firms

The Associate Risk Manager and Risk Analyst roles share similar credentials and industry usage, but the Associate Risk Manager typically has more involvement in strategic planning and risk mitigation efforts, whereas the Risk Analyst focuses more on data analysis and risk assessment support.

Do associate risk managers make good money?

Associate risk managers typically earn a salary that varies by industry and location, with median annual wages around $70,000 to $90,000. Entry-level positions may start lower, while experienced professionals with certifications like CRM or FRM can earn higher salaries and bonuses. Compensation also depends on the size of the organization and the complexity of the risk management responsibilities.

Is risk manager a stressful job?

A risk manager role involves identifying and assessing potential risks to an organization, which can be stressful due to the responsibility of preventing financial or operational losses. The level of stress depends on the industry, company size, and workload, but strong analytical skills and risk management tools are essential for success.

What is an associate risk manager?

An associate risk manager is an entry-level or junior professional responsible for assisting in identifying, assessing, and mitigating risks within an organization. They often support senior risk managers by analyzing data, preparing reports, and implementing risk management strategies, typically requiring knowledge of industry standards and risk assessment tools.

What are the most commonly searched types of Risk Manager jobs in Minneapolis, MN?

The most popular types of Risk Manager jobs in Minneapolis, MN are:

What cities near Minneapolis, MN are hiring for Associate Risk Manager jobs?

Cities near Minneapolis, MN with the most Associate Risk Manager job openings:

Associate Risk Manager jobs near you
Infographic showing various Associate Risk Manager job openings in Minneapolis, MN as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $55,178 per year, or $26.5 per hour.

IS Governance, Risk & Compliance Intern

Blaze Credit Union

Saint Paul, MN • On-site

$21/hr

Full-time, Part-time, Internship

Posted 6 days ago

Job description

Job Type
Internship
Description
Role: This role supports the Information Security Director and the Governance, Risk and Compliance (GRC) function in maintaining a strong control environment, advancing risk and compliance activities, and building foundational security skills. The intern gains hands-on exposure to vendor risk management, policy governance, audit and exam support, and business continuity while helping the team operate efficiently.
Job Type: Part time, on-site at our administrative office in St. Paul, MN. Interns will work 15-20 hours per week during the academic year. Weekly hours are determined by departmental needs, with flexibility provided to accommodate academic schedules.
Major Duties and Responsibilities
  • Assist with vendor risk management activities, including intake, due diligence, collection of SOC 2 reports, and tracking of vendor tier classifications
  • Support the review and organization of security policies, standards, and procedures, including formatting, version control, and redline preparation
  • Help gather and organize audit and examiner artifacts for internal audits, NCUA exams, and third-party assessments
  • Maintain risk registers, control libraries, and compliance trackers to keep records current and accurate
  • Support business continuity management (BCM) activities, including department intake, business impact analysis data entry, and plan documentation
  • Assist with control testing and evidence collection to validate that security controls are operating as intended
  • Research regulatory requirements and industry frameworks (e.g., NIST CSF, GLBA, FFIEC) and summarize findings for the team
  • Track open risk and remediation items and follow up with owners on status
  • Support routine GRC operations such as tracking security awareness metrics and maintaining shared documentation

Other Duties
  • Participate in business continuity, incident management, and recovery planning and exercise efforts
  • Comply with applicable laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control
  • Exhibit Blaze's Core Values: Better Lives, Thoughtfully Compassionate, Minnesota's Best, and Give Back
  • Perform other duties as assigned to support effective department operation

Requirements
Job Requirements
Experience/Education/Certifications/Licenses
  • Minimum High School degree or equivalent
  • Currently pursuing an Associate's or Bachelor's degree in Information Security, Information Technology, Business, Risk Management, or a related field; recent graduates also considered
  • Coursework, projects, or prior experience related to information security, risk, compliance, or IT is preferred
  • Interest in pursuing security or compliance certifications (e.g., CompTIA Security+, ISACA CRISC, or similar) is a plus

Demonstrated Knowledge
  • Familiarity with basic information security, risk, and compliance concepts
  • General awareness of data privacy and financial regulations such as GLBA, GDPR, CCPA and CPRA is a plus
  • Proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook); exposure to collaboration and GRC tools is a plus
  • Strong attention to detail; high level of honesty and integrity
  • Ability to handle multiple tasks simultaneously, take initiative and be proactive
  • Willingness to learn, ask questions, and follow documented processes

Communication Skills
Ability to communicate clearly and professionally with staff across the organization; willingness to document processes and develop written materials that draw from information in the field, whether working independently or as part of a team
Physical Requirements
Ability to sit and stand; answer calls; operate a computer; interact with internal staff and the public on the phone; travel to designated offices; lift up to 20 lbs.
Diversity creates a healthier atmosphere, and we encourage diverse applicant depth and breadth. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
We are committed to providing salary information for all open positions. Compensation for this position is $21.00/hour.

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