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Chief Risk Officer Jobs in Rochester, MN (NOW HIRING)

... DoW CIO ZTA directives, standards, and frameworks support the tracking and enumeration of CI's with respect to security risk. * Working with Cross-functional teams with multiple product owners

... DoW CIO ZTA directives, standards, and frameworks support the tracking and enumeration of CI's with respect to security risk. * Working with Cross-functional teams with multiple product owners

... has a CEO who cares enough to seek out one-on-one conversations ranging from 'How are you?' to ... Support PMs with staffing forecasts and technical risk mitigation Success Indicators: * Strong ...

Chief Risk Officer information

See Rochester, MN salary details

$100.6K

$194.9K

$390.3K

How much do chief risk officer jobs pay per year?

As of Jun 13, 2026, the average yearly pay for chief risk officer in Rochester, MN is $194,926.00, according to ZipRecruiter salary data. Most workers in this role earn between $171,300.00 and $193,600.00 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 the role of a Chief Risk Officer?

A Chief Risk Officer (CRO) is responsible for identifying, assessing, and managing an organization’s overall risks, including financial, operational, and strategic risks. They develop risk management strategies, implement policies, and ensure compliance with regulations to protect the company's assets and reputation. The CRO often works closely with executive leadership and uses tools like risk assessment frameworks and data analysis to inform decision-making.

How much does a Chief Risk Officer make at Goldman Sachs?

A Chief Risk Officer at Goldman Sachs typically earns a base salary ranging from $300,000 to over $700,000 annually, with total compensation often including bonuses and stock options that can significantly increase earnings. Compensation varies based on experience, performance, and the company's financial results.

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.

How much do chief risk officers get paid?

Chief Risk Officers (CROs) typically earn between $120,000 and $250,000 annually, with senior-level professionals in large organizations earning higher salaries. Compensation often includes bonuses, stock options, and other benefits, and requires strong risk management skills and relevant certifications such as FRM or CRM.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Chief Financial Officer (CFO) with risk management responsibilities. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills, with compensation often exceeding several hundred thousand dollars annually including bonuses and incentives.

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 job categories do people searching Chief Risk Officer jobs in Rochester, MN look for? The top searched job categories for Chief Risk Officer jobs in Rochester, MN are:
What cities near Rochester, MN are hiring for Chief Risk Officer jobs? Cities near Rochester, MN with the most Chief Risk Officer job openings:
Infographic showing various Chief Risk Officer job openings in Rochester, MN as of June 2026, with employment types broken down into 80% Full Time, 18% Part Time, and 2% Contract. Highlights an 97% Physical, and 3% Remote job distribution, with an average salary of $194,926 per year, or $93.7 per hour.
Credit Enablement & Communications Specialist

Credit Enablement & Communications Specialist

Old National Bank

Rochester, MN • On-site

Other

Medical, Dental, Vision, Retirement

This job post has expired 1 day ago. Applications are no longer accepted.


Old National Bank rating

8.0

Company rating: 8.0 out of 10

Based on 35 frontline employees who took The Breakroom Quiz

53rd of 141 rated banks


Job description

Credit Enablement & Communications Specialist
Job Locations US-IL-Chicago | US-MN-Minneapolis | US-MN-Saint Paul | US-MN-Rochester | US-MN-Lake Elmo | US-WI-Madison | US-WI-Milwaukee | US-IL-Gurnee | US-IL-Deerfield | US-IN-Indianapolis | US-IN-Evansville | ...
Category/Function Lending/Commercial/Consumer/Credit
Position Type Regular Full-Time
Requisition ID 2026-19269
Workplace Type On Site
Overview

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.

Responsibilities

The Credit Enablement & Communications Specialist role supports Credit Risk Management by coordinating, delivering, and maintaining credit-related communications and training across the bank. This is an individual contributor role with no direct people management responsibilities.

The role supports the Chief Credit Officer, Credit Executives, and partners closely with Credit Policy, 2nd line Risk management, Regulatory and Compliance, and our Learning & Development team to ensure credit policies, procedures, and updates are communicated clearly and applied consistently. This person will be expected to enhance engagement with the credit organization, create, and elevate the team's visibility within the business, and promote talent development. In addition, this person will be expected to formalize a regular communication rhythm with the Credit Risk Management organization and take responsibility for the creation and/or coordination of credit-related materials for update meetings and off-sites.

This position is well-suited for someone with an advanced background in communication and presentation skills and tools, who also has experience in credit and enjoys organization, collaboration, and turning complex information into clear, usable guidance.

We are an in-office working environment with the following locations for you to work with team members; MN (St Cloud, Mankato, Capella Building, St Paul, Lake Elmo, Rochester), IL (8750 W. Bryn Mawr Chicago (near Rosemont and the Cumberland Blue line station), Palos Park, Plainfield , IN (Indianapolis, Carmel, Jasper, Bloomington, Muncie, Lafayette, Evansville), MI (Troy, Ann Arbor, Grand Rapids), Milwaukee, Louisville, and Nashville.

Salary Range

The salary range for this position is $81.700 - $165,100 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

    Establish ongoing communication materials for Credit Risk Management organization that drive engagement and support culture building
  • Coordinate and maintain credit training programs for lenders, credit analysts, and credit officers
  • Support onboarding and ongoing education for credit-related roles
  • Communicate credit policy updates, procedural changes, and regulatory guidance
  • Prepare and maintain training materials, presentations, job aids, and internal documentation
  • Schedule and organize in-person and virtual training sessions
  • Track training participation and completion for credit staff
  • Partner with Credit Policy, Credit Risk Management, 2nd Line Risk, Compliance, and Learning & Development on training initiatives
  • Gather feedback and recommend improvements to training content and delivery

Key Competencies for Position

Compelling Communication - Openly and effectively communicates with others.

  • Effectively and transparently shares information and ideas with others.
  • Tailors the delivery of communication in a way that engages the audience and that is easy to understand and retain.
  • Unites others towards common goal.
  • Asks for others' opinions and ideas and listens actively to gain their support when clarifying expectations, agreeing on a solution and checking for satisfaction.

Makes Decisions & Solves Problems - Seeks deeper understanding and takes action.

  • Takes ownership of the problem while collaborating with others on a resolution with an appropriate level of urgency.
  • Collaborates and seeks to understands the root causes of problems.
  • Evaluates the implications of new information or events and recommends solutions using decisions that are sound based on what is known at the time.
  • Takes action that is consistent with available facts, constraints and probable consequences.

Promotes Change - Seeks to understand and embrace change.

  • Actively seeks information to understand the rationale, implications, and impact for changes.
  • Remains agile by quickly modifying daily behavior, leveraging resources, and trying new approaches to effectively embrace change.
  • Willing to act quickly, learn and adjust as needed.
  • Identifies and recommends changes to leadership to improve performance.

Qualifications and Education Requirements

  • Skilled in the development of communications plans for business enablement.
  • Working knowledge of commercial credit and underwriting concepts.
  • 2-4 years of experience in banking, credit, risk, training, or a related area
  • Strong written and verbal communication skills
  • Must be highly proficient in creating PowerPoint presentations and word documents.
  • Experience with CoPilot
  • Highly organized with strong attention to detail
  • Comfortable managing multiple initiatives and recurring processes
  • Experience in a regulated financial services environment preferred
  • Bachelor's degree in Finance, Business, Communications, or a related field

Preferred Experience

  • Experience supporting credit, risk, or lending teams
  • Prior involvement in training coordination or internal communications
  • Familiarity with bank credit policies and procedures

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, SVP, 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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