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Business Risk Manager Jobs in Minnesota (NOW HIRING)

Robert Half

Senior Business Risk Manager

Minneapolis, MN · On-site

$130K - $175K/yr

... risk practices. • Bachelor's or Master's degree in Business, Operations, Finance, or a related discipline. • At least 10 years of experience in financial services risk management, audit ...

Old National Bank

Business Risk Officer, Sr

Lake Elmo, MN · On-site

$81K - $165K/yr

Business Risk Officer, Sr Job Locations US-MN-Lake Elmo | US-MN-St Louis Park Category/Function ... The ideal candidate will bring deep expertise across Treasury Management, Payments, Lending ...

US Bank

Business Risk Specialist 3- AML

Saint Paul, MN · On-site

$24.18 - $32.21/hr

The organization's risk management structure is designed to promote effective governance and risk ... Under general supervision, the Business Risk Specialist monitors systems, databases, information ...

RJM CONSTRUCTION LLC

Risk Manager

Golden Valley, MN

This role develops and implements risk management strategies, oversees insurance compliance and claims administration, and provides guidance to project teams, leadership, and business partners on ...

Beacon Mobility

Risk Manager

Maple Grove, MN · On-site

$150K/yr

... and Risk Management programs as an opportunity for long-term enterprise value. The successful ... Beacon Mobility requires that none of its employees are excluded from doing business with the ...

Associatedbank

Model Risk Manager

Minneapolis, MN

Partner with business lines to ensure consistent application of model risk standards and regulatory ... Advise leadership on risk management initiatives, governance committees, and enterprise-wide ...

U.S. Bank

Cloud Technology Risk Manager

Hopkins, MN · On-site

The Technology, Cybersecurity, and Digital, Data, and AI Risk team provide support to our business ... This Technology Risk Manager position will support the Technology Infrastructure organization. To ...

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All JobsBusiness Risk JobsBusiness Risk Manager JobsBusiness Risk Manager Jobs in Minnesota

Business Risk Manager information

See Minnesota salary details

$29.1K

$105.2K

$173.4K

How much do business risk manager jobs pay per year?

As of Jul 28, 2026, the average yearly pay for business risk manager in Minnesota is $105,211.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,045.00 and $121,452.00 per year, depending on experience, location, and employer.

How much does a risk manager get paid?

A business risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications like FRM or CRM can earn higher salaries, often exceeding $150,000. Compensation also includes benefits such as bonuses and professional development opportunities.

What does a business risk manager do?

A business risk manager identifies, assesses, and mitigates potential risks that could impact an organization's operations, financial health, or reputation. They analyze data, develop risk management strategies, and implement policies to minimize threats, often using tools like risk assessment software and requiring certifications such as CRM or FRM. Their role involves continuous monitoring and communication with stakeholders to ensure business resilience.

How does a Business Risk Manager typically collaborate with other departments to address organizational risks?

As a Business Risk Manager, cross-functional collaboration is a key part of the role. You’ll regularly work with departments such as finance, compliance, operations, and IT to identify potential risks, assess their impact, and develop mitigation strategies. This often involves facilitating risk assessment workshops, sharing reports, and ensuring that risk controls are integrated into business processes. Effective communication and relationship-building skills are essential, as you’ll act as a bridge between senior management and operational teams to align risk management efforts with organizational goals.

Do risk managers make good money?

Risk managers, including business risk managers, typically earn competitive salaries that vary based on experience, industry, and location. According to industry reports, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications like CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.

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

AspectBusiness Risk ManagerRisk Analyst
CredentialsCertifications like CRM, FRM, or CRC; bachelor's degree in business, finance, or related fieldCertifications such as FRM or CRM; bachelor's degree in finance, economics, or related field
Work EnvironmentStrategic planning, risk assessment, and policy development in corporate settingsData analysis, risk modeling, and reporting in finance or insurance firms
Employer & IndustryCorporations, financial institutions, insurance companiesFinancial services, consulting firms, insurance companies

The Business Risk Manager focuses on developing risk strategies and policies at a strategic level, while the Risk Analyst primarily conducts data analysis and risk assessments. Both roles require similar certifications and often work within the same industries, but their responsibilities differ in scope and focus.

What is the highest salary for a risk manager?

The highest salary for a business risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications, or leadership roles in large organizations. Senior risk managers or directors in financial services, insurance, or consulting firms tend to earn the highest compensation. Salary levels also depend on geographic location, industry, and the complexity of risk management responsibilities.

What are the key skills and qualifications needed to thrive as a Business Risk Manager, and why are they important?

To thrive as a Business Risk Manager, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or a related field, often backed by a bachelor's degree or higher. Familiarity with risk management frameworks, regulatory compliance systems, and certifications like FRM (Financial Risk Manager) or CRM (Certified Risk Manager) is typically required. Exceptional communication, problem-solving, and stakeholder management skills help you effectively identify, mitigate, and communicate risks across an organization. These competencies are crucial for proactively managing threats, ensuring regulatory compliance, and supporting the long-term stability and success of the business.
What are popular job titles related to Business Risk Manager jobs in Minnesota? For Business Risk Manager jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Business Risk Manager jobs in Minnesota look for? The top searched job categories for Business Risk Manager jobs in Minnesota are:
What cities in Minnesota are hiring for Business Risk Manager jobs? Cities in Minnesota with the most Business Risk Manager job openings:
Business Risk Manager jobs near you
Infographic showing various Business Risk Manager job openings in Minnesota as of July 2026, with employment types broken down into 83% Full Time, 14% Part Time, and 3% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $105,211 per year, or $50.6 per hour.
Senior Business Risk Manager

Senior Business Risk Manager

Robert Half

Minneapolis, MN • On-site

$130K - $175K/yr

Full-time

Posted 3 days ago

Job description

We are looking for an accomplished, detail-oriented Business Risk Officer within a banking environment. This role serves as a key advisor to business leaders by strengthening controls tied various business units of the bank. The ideal candidate brings deep financial services expertise and can turn complex risk considerations into practical guidance that supports responsible growth.


Responsibilities:

• Guide first-line risk activities initiatives, ensuring business objectives are supported by effective governance and controls.

• Partner with leaders across the bank functions to identify exposures and embed risk awareness into planning and execution.

• Design, evaluate, and enhance control frameworks related to specific business initiatives.

• Advise on regulatory, operational, and reputational risk matters by translating requirements into clear, actionable recommendations for stakeholders.

• Oversee risk assessments, control reviews, and remediation planning to address gaps in processes.

• Monitor performance through meaningful metrics and reporting that highlight control effectiveness, emerging issues, and progress on action plans.

• Support compliance reviews, examinations, and risk program activities by preparing documentation and coordinating responses across business teams.

• Drive process improvements that strengthen governance, streamline execution, and improve consistency across front-line risk practices.

• Bachelor’s or Master’s degree in Business, Operations, Finance, or a related discipline.

• At least 10 years of experience in financial services risk management, audit, compliance, operations, or marketing-related risk functions.

• Strong knowledge of banking risk concepts, including control assessments, risk assessments, control planning, and control testing.

• Demonstrated ability to work effectively with cross-functional stakeholders and influence decision-making at senior levels.

• Excellent communication, leadership, and relationship-building skills in complex, fast-paced environments.

• Strategic and analytical mindset with strong project management and execution capabilities.

• Background in banking or other regulated financial services organizations is required.

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About Robert Half

Sourced by ZipRecruiter

Founded in 1948, Robert Half pioneered the idea of professional talent solutions to connect opportunities at great companies with highly skilled job seekers. As business needs changed, we evolved to offer specialized talent solutions for finance and accounting, technology, administrative and customer support, creative and marketing, and legal fields. In 2002, we introduced our subsidiary, Protiviti, a global independent risk consulting and internal audit service, to support companies as they faced more strategic business challenges.

Industry

Recruiting and staffing services

Company size

10,000+ Employees

Headquarters location

San Ramon, CA, US

Year founded

1948

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