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Chief Risk Officer Jobs in Minnesota (NOW HIRING)

Reporting to the CEO and a key partner to the executive team, this leader will guide financial ... Deep knowledge of risk management, internal controls, and financial governance * Demonstrated ...

Reporting to the CEO and a key partner to the executive team, this leader will guide financial ... Deep knowledge of risk management, internal controls, and financial governance * Demonstrated ...

International CFO

Edina, MN · On-site

$235K - $280K/yr

This leader drives financial performance, manages risk, ensures compliance across multiple jurisdictions, and fosters sustainable growth. The CFO guides financial policies, manages global tax and ...

Chief Operating Officer

Minnetonka, MN · On-site

$190K - $300K/yr

... CEO. Develop recommendations and oversee the execution of operational plans aligned to mission ... Direct the organization's functional capacity to produce sustainable growth and minimize risk ...

New

Chief Operating Officer

Eagan, MN · On-site

$190K - $300K/yr

... CEO. Develop recommendations and oversee the execution of operational plans aligned to mission ... Direct the organization's functional capacity to produce sustainable growth and minimize risk ...

New

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Chief Risk Officer information

See Minnesota salary details

$97K

$187.8K

$376.1K

How much do chief risk officer jobs pay per year?

As of Jul 15, 2026, the average yearly pay for 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 Is a Chief Risk Officer?

A chief risk officer (CRO) oversees financial risks for a business or other organization. As a CRO, your job duties involve identifying business risks, developing risk management policies, and performing risk assessments of new projects. You usually collaborate with all departments in your organization, as well as stakeholders and board members, to determine suitable levels of financial risk. It is essential to monitor company policies to ensure that all projects meet industry standards and government regulations. Chief risk officers may also be in charge of internal auditing, IT security, and insurance needs.

What is the difference between Chief Risk Officer vs Risk Manager?

AspectChief Risk OfficerRisk Manager
CredentialsTypically requires advanced degrees (MBA, Master’s in Risk Management) and professional certifications (FRM, CRM)Often holds a bachelor’s degree; certifications like CRM or FRM are common but not always required
Work EnvironmentExecutive-level, strategic planning, overseeing entire risk management frameworkOperational role, implementing risk policies, analyzing specific risks
Industry UsageUsed across finance, insurance, corporate sectors at the executive levelFound in various industries, focusing on day-to-day risk assessment and mitigation

The Chief Risk Officer (CRO) is a senior executive responsible for the overall risk management strategy of an organization, requiring advanced credentials and strategic oversight. In contrast, a Risk Manager handles specific risk assessments and mitigation activities, often with less seniority and fewer certifications. Both roles are vital but differ in scope, responsibilities, and level of seniority.

What is a Chief Risk Officer?

A Chief Risk Officer (CRO) is a senior executive responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations or objectives. The CRO oversees risk management strategies, ensures compliance with regulatory requirements, and works closely with other executives to develop policies that protect the company from financial, operational, and reputational harm. This role is especially important in industries such as finance, insurance, and healthcare, where risk management is critical to organizational success.

What are some common challenges a Chief Risk Officer faces in aligning risk management strategies across different departments?

A Chief Risk Officer (CRO) often encounters challenges in ensuring that risk management policies are consistently implemented across departments with varying objectives and risk appetites. Communication gaps, differing priorities, and varying levels of risk awareness can make it difficult to create a unified risk culture. CROs must work closely with department heads to tailor risk strategies that align with business goals while maintaining compliance and minimizing exposure. Building strong relationships and fostering ongoing education are key to overcoming these challenges and promoting effective enterprise-wide risk management.

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

To thrive as a Chief Risk Officer, you need deep expertise in risk management, financial analysis, regulatory compliance, and typically an advanced degree in finance, law, or business. Familiarity with risk assessment software, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is highly valued. Strategic thinking, leadership, and strong communication skills enable effective collaboration across executive teams and clear risk reporting. These capabilities are vital for identifying threats, safeguarding organizational assets, and ensuring sound decision-making in a complex regulatory environment.
What are popular job titles related to Chief Risk Officer jobs in Minnesota? For Chief Risk Officer jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Chief Risk Officer jobs? Cities in Minnesota with the most Chief Risk Officer job openings:
Chief Technology Officer

Chief Technology Officer

Old National Bank

Saint Paul, MN • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 2 days ago


Old National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 37 frontline employees who took The Breakroom Quiz

51st of 149 rated banks


Job description

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. 

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.


The Chief Technology Officer (CTO) is a key role within the technology team, reporting directly to the CIO. This position is responsible for technology strategy, enterprise transformation, implementation, deployment, and operation of missioncritical infrastructure… The CTO accelerates cloud migration, engineers resiliency by design across onprem and cloud estates, and provisions fitforpurpose, secure, and costoptimized technologies; to enable the technology team to deliver exceptional service and value. The position will lead various Directors/Managers, assisting in developing systems to improve our technology infrastructure. The CTO also serves as a member of several committees and collaborates with organizational partners to achieve organizational objectives.


Key Accountabilities:
• Own the Infrastructure transformation vision and multiyear roadmap aligned to business strategy, regulatory obligations, and risk appetite; translate strategy into clear OKRs and measurable outcomes.
• Lead cloud migration at scale (AWS as primary) including landing zone architecture, identity, network connectivity, workload placement, and application rationalization; establish FinOps practices for cloud cost governance and optimization.
• Engineer resiliency by design: set enterprise RTO/RPO targets, drive activeactive/DR patterns, chaos testing, backup/restore standards, and cyberresilience (in partnership with the CISO) across onprem and cloud estates.
• Modernize EndUser Computing (e.g., Microsoft 365, endpoint management/Intune, VDI/DaaS) to improve productivity, security (Zero Trust), and supportability; accelerate selfservice and automation.
• Advance ITSM maturity (ITIL 4): streamline incident, problem, change, request, and asset practices; implement SRE/observability, reduce MTTR, and lower change failure rate through DevOpsaligned workflows.
• Establish platform engineering and automation: standardize infrastructure as code (IaC), CI/CD for infrastructure, and golden patterns for repeatable deployments across environments.
• Optimize infrastructure financials: create transparency for TCO and unit economics; manage budgets, forecast cloud/onprem spend, and drive savings via consolidation, modernization, and FinOps guardrails.
• Strengthen vendor/thirdparty performance management for data center operations, network services, and managed support; enforce SLAs, risk controls, and exit strategies; align with procurement and vendor risk.
• Build trusted stakeholder relationships across Technology, Risk, Security, and the business; prioritize initiatives that deliver timetovalue, efficiency, and customer experience improvements.
• Govern architecture and standards: partner with enterprise architects to maintain reference architectures, technology lifecycles, and technical debt remediation plans.
• Develop highperforming teams: mentor leaders and engineers; cultivate a culture of reliability, automation, learning, and accountability; represent Old National Bank at external forums.

Key Competencies:
Transformational Change & Strategy Execution – Guides multiyear modernization; aligns technology outcomes to business value.
Resiliency & Risk Management – Builds robust architectures, balances innovation with regulatory and operational risk.
Strategic Planning – Analyzes current and future business strategies against technology capabilities. Partner with technology partners and service providers to identify, design, and evaluate product offerings to align to future demand.
Communication – Applies active listening skills and skillful use of questions to understand the situation, needs and desired outcomes. Effectively shares information and ideas, displaying self-awareness and self-management. Understands who will be affected by an issue or change and ensures all stakeholders and kept informed.
Collaboration – Actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives. Proactively shares knowledge information, ideas and suggestions to accomplish mutual goals.
Drive and Execution – Actively seeks ways to improve current methods, systems, processes and procedures. Focuses on ways to succeed and monitors and reviews progress against performance expectations. Committed to achieving established goals, overcoming obstacles, and continuously learning.
Client Leadership – Asks effective questions to understand and clarify the client’s needs and/or to gain information relevant to the solution, response or action required to ensure the client is at the forefront of everything they do. Exceptional soft and interpersonal skills, including teamwork, facilitation, as well as excellent written, verbal communication and presentation skills


Qualifications and Education Requirements:
• Master's or Bachelor's degree in business, computer science, computer engineering, electrical engineering, system analysis or a related field of study, or equivalent experience.
• Ten or more years of experience in some combination of the following disciplines: business or information solutions, technical architecture, application development, middleware, information analysis, database management.
• Demonstrated success delivering largescale cloud-native migration, resiliency/DR programs, and ITSM modernization
• Familiarity with information management practices, system development life cycle management, IT services management, infrastructure and operations, and ITIL frameworks.
• Strong leadership and mentoring skills, including team leadership and work organization/coordination.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.  

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.

Join our team!



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