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

Working closely with the Vice President, Digital Biology, the Chief Medical Officer, and the Chief ... Oversee intake, prioritization, and sequencing of AI initiatives; balance value, feasibility, risk ...

Working closely with the Vice President, Digital Biology, the Chief Medical Officer, and the Chief ... Oversee intake, prioritization, and sequencing of AI initiatives; balance value, feasibility, risk ...

Working closely with the Vice President, Digital Biology, the Chief Medical Officer, and the Chief ... Oversee intake, prioritization, and sequencing of AI initiatives; balance value, feasibility, risk ...

Working closely with the Vice President, Digital Biology, the Chief Medical Officer, and the Chief ... Oversee intake, prioritization, and sequencing of AI initiatives; balance value, feasibility, risk ...

... 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 Aug 26, 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 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 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.

How much do chief risk officers get paid?

Chief Risk Officers typically earn a median annual salary between $150,000 and $250,000, with total compensation often including bonuses and stock options. Salaries vary based on industry, company size, location, and experience, and the role requires strong analytical skills and risk management expertise.

What does a chief risk officer make?

A Chief Risk Officer (CRO) typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the size of the organization, industry, and experience level. Compensation may also include bonuses, stock options, and other benefits, especially in large corporations or financial institutions.

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 August 2026, with employment types broken down into 90% Full Time, and 10% Part Time. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $194,926 per year, or $93.7 per hour.

$120 - $150/hr

Other

Retirement

Posted 17 days ago


Job description

Salary Range: $120,000 - $150,000 AnnuallyJOB OBJECTIVES:A member of the Executive Director’s Senior Leadership Team and the PossAbilities Management Team, the Chief Financial Officer’s (CFO) goal is to provide strategic leadership and oversight of financial and asset management operations. The CFO establishes financial strategy, ensures efficient and compliant financial systems, oversees financial operations and reporting, and leads technology planning to maintain secure and responsive infrastructure. The CFO is a critical leadership position responsible for overseeing the financial management and strategy of the organization to achieve its financial and mission impact returns.JOB RESPONSIBILITIES AND DUTIES:Serve as a member of the Executive Team, contributing to strategic planning, decision-making and organizational development.The CFO is responsible for the effective oversight and management of financial operations including payroll, billing, receivables, payables, asset oversight, insurance, reporting, benefits, ACA, retirement plan, budgeting, audits, purchasing, and contract compliance.Lead the Financial Team in setting and meeting outcomes aligned with the organizational mission – ensure alignment of team goals with organizational priorities and promote cross-training and collaborationFoster a culture of accountability, innovation, and continuous improvement within and across teamsSupervise Fiscal staff, including accountability, performance appraisals, coaching, required training, development, recognition, oversight, and mentoring.Maintain that fiscal practices are compliant with GAAP, federal and state laws and regulations, local and Agency policies, procedures and contract terms.Assure segregation of duties and appropriate internal controls.Oversee annual audits, tax filings, government reporting and grant compliance, ensuring accountability and transparency.Lead the annual operating and capital budget process with the Executive Team. Provide budget managers with timely, accurate financial reports and analysis.Interface and manage relationships with financial institutions, corporate entities, donors, service vendors, county, and other government departments regarding financial mattersAct as staff liaison to the Finance and Investment CommitteesMentor and empower staff, foster accountability, lead through change, and build a strong cultureEvery effort has been made to identify the essential functions of this position. However, it in no way states or implies that these are the only duties you will be required to perform. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or is an essential function of the position.JOB REQUIREMENTS:Bachelor’s degree in accounting, and a minimum of ten (10) years of experience in financial managementFive to ten (5-10) years of experience in senior level management and supervision in finance or a related fieldStrong analytical skills and expertise in financial systems, reporting, budgeting, scenario modeling, forecasting, and strategic planningExcellent organizational skills, attention to detail, problem solving, and complex thinking skills.Skilled communicator who translates complex financial concepts into accessible insights for decision-makingForward-thinking leadership with excellent interpersonal and guidance skills and the ability to guide organizations through growth and transformationKnowledge of required fiscal reporting including 941, 990, ACA, unemployment, W-2, W-4, 1099, non-profit state reporting.Computer proficient including Excel, MS Office, accounting software. Financial Edge NXT experience a plus.Enthusiasm for advancing systems change as well as justice, equity, diversity, inclusion and belonging, and desire to center these goals in financial management and continuous improvement activities.Ability to develop policies and procedures, do trend analysis, identify gaps and needed solutions. Willingness to learn the Disability Waiver Rate System (DWRS) as an MHCP provider.Full COVID-19 vaccination required**As a condition of employment at PossAbilities, staff are required to be fully vaccinated from COVID-19. Employees are considered fully vaccinated two weeks after completing primary vaccination with a COVID-19 vaccine, unless you are legally entitled to a reasonable accommodation because of a medical reason, or conflict with a sincerely held religious belief. Accommodations will be considered on a case-by-case basis. However, in no event will an exemption be granted in circumstances where it would cause PossAbilities undue hardship or pose a direct threat to the health and safety of others. Undue hardship and a direct threat to the health and safety of others can include the risk of spreading COVID-19 to others including fellow PossAbilities employees, clients, customers, or their families. #J-18808-Ljbffr