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Bank Chief Risk Officer Jobs in Minnesota (NOW HIRING)

Merchants Bank

Compliance Officer

Cannon Falls, MN · On-site

$80K - $100K/yr

Merchants Bank has an opening for a Compliance Officer. This on-site position can work from any of ... Work with Chief Risk Officer on annual risk assessment completion. * Oversee completion of ...

Platinum Bank

VP - Credit Officer

Saint Paul, MN · On-site

$115K - $150K/yr

... by the Chief Credit Officer. * Recommends loan structure that serves to minimize the credit risk to the Bank. * Is responsible for the market/business analysis, financial analysis (including ...

Platinum Bank

VP - Credit Officer

Oakdale, MN · On-site

$115K - $150K/yr

... by the Chief Credit Officer. * Recommends loan structure that serves to minimize the credit risk to the Bank. * Is responsible for the market/business analysis, financial analysis (including ...

Platinum Bank

VP - Credit Officer

Saint Paul, MN · On-site

... by the Chief Credit Officer. * Recommends loan structure that serves to minimize the credit risk to the Bank. * Is responsible for the market/business analysis, financial analysis (including ...

Old National Bank

IT Risk Officer, Sr

Lake Elmo, MN · On-site

$199K/yr

Overview Old National Bank has been serving clients and communities since 1834. With over $70 ... The IT Risk Officer, Sr - Cybersecurity must be equally fluent in the language of security ...

PLATINUM BANK

VP - Credit Officer

Saint Paul, MN · On-site

$115K - $150K/yr

... by the Chief Credit Officer. * Recommends loan structure that serves to minimize the credit risk to the Bank. * Is responsible for the market/business analysis, financial analysis (including ...

Old National Bank

Wealth Risk Officer

Saint Louis Park, MN · On-site

$60K - $121K/yr

Overview Old National Bank has been serving clients and communities since 1834. With over $70 ... Work closely with the Wealth Risk Manager on high priority projects and tasks. Key Accountabilitie ...

Minnwest Bank

Chief Operating Officer

Minnetonka, MN · On-site

$190K - $300K/yr

... CEO. Develop recommendations and oversee the execution of operational plans aligned to mission ... risk, drive operational excellence and ensure the bank delivers consistent, high-quality ...

Minnwest Bank

Chief Operating Officer

Saint Paul, MN · On-site

$190K - $300K/yr

... CEO. Develop recommendations and oversee the execution of operational plans aligned to mission ... risk, drive operational excellence and ensure the bank delivers consistent, high-quality ...

Minnwest Bank

Chief Operating Officer

Minnetonka, MN · On-site

$190K - $300K/yr

... CEO. Develop recommendations and oversee the execution of operational plans aligned to mission ... risk, drive operational excellence and ensure the bank delivers consistent, high-quality ...

Minnwest Bank

Chief Operating Officer

Saint Paul, MN · On-site

$190K - $300K/yr

... CEO. Develop recommendations and oversee the execution of operational plans aligned to mission ... risk, drive operational excellence and ensure the bank delivers consistent, high-quality ...

Minnwest Corporation

Chief Operating Officer

Eagan, MN · On-site

$190 - $300/hr

Chief Operating Officer Location(s) Availability: Eagan, Minnetonka, or Sioux Falls Job Summary ... risk, drive operational excellence and ensure the bank delivers consistent, high-quality ...

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All JobsBank Chief Risk Officer JobsBank Chief Risk Officer Jobs in Minnesota

Bank Chief Risk Officer information

See Minnesota salary details

$97K

$187.8K

$376.1K

How much do bank chief risk officer jobs pay per year?

As of Aug 5, 2026, the average yearly pay for bank chief risk officer in Minnesota is $187,815.00, according to ZipRecruiter salary data. Most workers in this role earn between $165,000.00 and $186,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Bank Chief Risk Officer position, and why are they important?

To thrive as a Bank Chief Risk Officer, you need an in-depth understanding of risk management, banking regulations, financial analysis, and typically a degree in finance or a related field, often supplemented by years of industry experience. Familiarity with risk assessment tools, regulatory compliance systems, and professional certifications such as FRM (Financial Risk Manager) or CFA is highly desirable. Exceptional leadership, strategic thinking, and the ability to communicate complex information clearly are key soft skills for this role. These competencies enable the effective identification, mitigation, and communication of risks, which are critical to protecting the bank’s assets and reputation.

What are the typical challenges faced by a Bank Chief Risk Officer?

A Bank Chief Risk Officer regularly faces challenges such as balancing regulatory compliance with business growth, keeping up with evolving financial risks, and navigating complex global regulations. The role often involves making critical decisions rapidly in high-pressure situations and ensuring alignment of risk management practices across multiple departments. Additionally, CROs are tasked with fostering a strong risk culture within the organization and communicating effectively with both executives and regulators. Overcoming these challenges requires a mix of technical expertise, strong leadership, and effective cross-functional collaboration.

What does a Bank Chief Risk Officer do?

A Bank Chief Risk Officer (CRO) is responsible for identifying, assessing, and mitigating risks that could impact a bank's financial stability and regulatory compliance. They develop risk management strategies, oversee risk assessment frameworks, and ensure the bank adheres to legal and regulatory requirements. The CRO works closely with executives and board members to establish risk policies and monitor emerging threats. Their role is crucial in safeguarding the bank against financial, operational, and reputational risks.

What are popular job titles related to Bank Chief Risk Officer jobs in Minnesota? For Bank Chief Risk Officer jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Bank Chief Risk Officer jobs in Minnesota look for? The top searched job categories for Bank Chief Risk Officer jobs in Minnesota are:
What cities in Minnesota are hiring for Bank Chief Risk Officer jobs? Cities in Minnesota with the most Bank Chief Risk Officer job openings:
Bank Chief Risk Officer jobs near you
Infographic showing various Bank Chief Risk Officer job openings in Minnesota as of July 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 93% Physical, 4% Hybrid, and 3% Remote job distribution, with an average salary of $187,815 per year, or $90.3 per hour.

Compliance Officer

Merchants Bank

Cannon Falls, MN • On-site

$80K - $100K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 26 days ago

Job description

Merchants Bank has an opening for a Compliance Officer. This on-site position can work from any of our Merchants Bank branch locations in Minnesota or Wisconsin.
This position will provide leadership for the Compliance function by conducting research, working with a variety of systems, and with team members. Will supervise the Compliance Specialist. Duties include working with compliance audits (internal and external), sending out requests, gathering information, reviewing reports and findings, and training employees. This role will serve as the company CRA Officer, work on annual risk assessment, and oversee the outsourced MERS audit. Will stay current on compliance and audit information as well as new laws and regulations. Some travel required.
A Bachelor's degree in Business, Finance, Accounting, Economics, Risk Management or related field required. Certified Regulatory Compliance Manager (CRCM) designation preferred. Requires a minimum of 5 years of experience in banking compliance.
Merchants Bank offers competitive wages and benefits for our full-time employees including health, dental, life, disability and vision insurance; flexible spending accounts, 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options.
Please click on Apply Now or apply in person at any Merchants Bank location. Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
General Summary:
Work is performed under general supervision according to established policies and procedures. Provide leadership of Compliance functions as needed. A variety of duties are related to this job including research, working with different software and hardware systems and team members. This position requires a well-organized and motivated individual with the ability to initiate projects and follow through as needed. Must be willing and able to work with limited supervision. Must be willing and able to provide leadership in the compliance area and deal with different types of people.
Primary Responsibilities and Duties:
  • Provide supervision and leadership for Compliance Specialist to ensure growth of the personnel and meeting all expectations of the Companies Compliance Program.
  • Responsible for relationship and working through all Compliance Audits, including external, as well as exams. Includes sending out request lists, gathering and indexing all required documents, working with our external Auditors/Examiners during the audit, reviewing draft report and working with employees for responses, actions, review final report, train employees as needed on findings and track completion of actions.
  • Fair Lending audit review the RATA reports and complete research to determine we have no fair lending issues.
  • Will be the company CRA Officer. Responsible for CRA communication, preparation, review and exams. Work with Compliance Specialist to maintain public file, volunteer hours, donations, investments, maps, community development loans, etc. Complete quarterly CRA review.
  • Work with Chief Risk Officer on annual risk assessment completion.
  • Oversee completion of outsourced MERS audit and work with mortgage team on completion.
  • Complete following audits as scheduled
  • Complete annual progress report.
  • Provide necessary research for laws and regulations.
  • Assist with training staff on different laws, regulations and procedures.
  • Stay current on compliance and audit issues as they pertain to banking via

training and self-education.
  • Run Compliance Officer meetings and attend strategic alignment meetings and present as needed.
  • Review marketing materials for compliance.
  • Answer compliance questions of employees.
  • Regular and dependable attendance is an essential function for this job.
  • Employee will be expected to contribute to a positive working environment through words and actions.
  • Employee will be expected to greet internal and external customers in a friendly and outgoing manner.
  • Employee will be expected to complete compliance and product knowledge assignments in a timely manner.

Skill Requirements:
  • Bachelor's degree in Business, Finance, Accounting, Economics, Risk Management or related field required.
  • Certified Regulatory Compliance Manager (CRCM) designation preferred.
  • CAMS, CFE, CIA, or other relevant certifications are desirable.
  • Minimum of five years of progressive responsible banking compliance experience.
  • Demonstrated knowledge of federal consumer protection regulations, and compliance risk management practices.
  • Experience interacting with federal and state regulatory agencies preferred.
  • Must be willing to be flexible and adaptable.
  • Must be prepared to learn new regulations and laws.

Working Conditions:
Inside working environment, very low noise level. May include travel to affiliate operations as required. Work is performed primarily sitting at a desk. Requires a high degree of finger dexterity, very good finger-eye coordination.
Relationships:
Responsible to the Chief Risk Officer for clarification of position responsibilities. authority, and for proper interpretation.
Will have limited person-to-person and phone contact with customers and public, however, may at times have extensive staff contact. Some travel is required. Must have ability to work in a team environment and have personal manner to enhance overall professional image of the organization.

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