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Compliance Risk Management Manager Jobs in Minnesota

Hormel Foods

Ethics & Compliance Manager

Austin, MN · On-site

$103K - $144K/yr

... Party Risk Management (TPRM) processes, including due diligence, onboarding, monitoring, and ... Ensure compliance with FCPA, anti-bribery, anti-corruption, and other global regulatory ...

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 ...

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Compliance Risk Management Manager information

What is a compliance risk management manager?

Compliance Risk Management Managers are professionals responsible for ensuring that an organization adheres to regulatory requirements and internal policies related to risk. They identify potential risks to the business, develop strategies to mitigate those risks, and ensure that the organization complies with laws and regulations. Their duties often include monitoring compliance programs, conducting risk assessments, and providing training to staff. By managing compliance and risk effectively, they help protect the organization from legal penalties and reputational harm.

What are some common challenges faced by a compliance risk management manager when implementing new regulatory requirements across an organization?

Compliance Risk Management Managers often encounter challenges such as ensuring consistent interpretation and application of complex regulations across multiple departments, dealing with resistance to change, and managing tight implementation timelines. Effective communication and cross-functional collaboration are essential, as the role requires working closely with legal, operations, and IT teams to integrate compliance controls into business processes. Staying up-to-date with evolving regulations and adapting risk management strategies accordingly is also a continual challenge in this dynamic field.

What are the key skills and qualifications needed to thrive as a compliance risk management manager, and why are they important?

To thrive as a Compliance Risk Management Manager, you need in-depth knowledge of regulatory frameworks, risk assessment methodologies, and a relevant degree in law, finance, or business. Familiarity with compliance management systems, risk analytics tools, and certifications such as CRCM or CAMS is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you navigate complex regulations and collaborate with stakeholders. These competencies are essential for proactively identifying and mitigating compliance risks, ensuring organizational integrity and regulatory adherence.

What is the difference between Compliance Risk Management Manager vs Compliance Analyst?

AspectCompliance Risk Management ManagerCompliance Analyst
CertificationsCRCMP, CCEP, or similarNone or basic compliance certifications
Work EnvironmentOversees compliance programs, manages teamsConducts audits, reviews policies
Employer & Industry UsageFinancial, healthcare, corporate sectorsRegulatory agencies, corporations
Search & Comparison IntentUnderstanding managerial roles in complianceEntry-level or specialized compliance roles

The Compliance Risk Management Manager focuses on overseeing compliance programs, managing teams, and implementing risk mitigation strategies. In contrast, a Compliance Analyst typically conducts audits, reviews policies, and supports compliance initiatives. The manager role requires more experience and certifications, while the analyst role is more focused on analysis and reporting within compliance functions.

Is compliance risk management a good career?

Compliance risk management is a growing field that involves identifying and mitigating regulatory and legal risks within organizations. It requires strong analytical skills, knowledge of industry regulations, and often certifications such as CRCM or CCEP. The role offers stability and opportunities for advancement in various industries, including finance, healthcare, and manufacturing.

What are the most commonly searched types of Compliance Risk Management jobs in Minnesota?

The most popular types of Compliance Risk Management jobs in Minnesota are:

What cities in Minnesota are hiring for Compliance Risk Management Manager jobs?

Cities in Minnesota with the most Compliance Risk Management Manager job openings:

Compliance Risk Management Manager jobs near you

Risk Management and Compliance Specialist

Alexandria, MN • On-site

Douglas
Manufacturing • 51 - 200 employees
Learn more about Douglasexternal

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 7 days ago

Job description

JOB SUMMARY:

The Risk Management & Compliance Specialist leads and supports key activities related to governance, risk management, compliance, contract administration, legal affairs support, and security programs. The specialist will lead the review and facilitation of contracts with vendors and customers. This role is responsible for maintaining documentation, monitoring compliance requirements, tracking risks and mitigation plans, supporting audits, and assisting with security and business continuity initiatives.

The Specialist serves as a key liaison between departments, helping ensure organizational policies, regulatory requirements, and risk management practices are effectively implemented and maintained. This position requires strong attention to detail, sound judgment, organizational skills, and the ability to manage multiple priorities in a confidential environment.

ESSENTIAL DUTIES & RESPONSIBILITIES include the following. Other duties may be assigned:

  1. Steward our mission (to enrich lives by providing differentiated packaging automation and services) and values (unwavering integrity, servant's heart, ownership spirit and continuous innovation and improvement).
  2. Risk Management
    • Supports the organization's enterprise risk management program by maintaining risk records, facilitating risk assessments, tracking mitigation efforts, and providing reporting and analysis that help identify, monitor, and reduce business risks.
  3. Compliance
    • Coordinates compliance-related activities by tracking regulatory and organizational requirements, supporting audits and assessments, maintaining documentation, monitoring deadlines, and helping ensure ongoing adherence to applicable standards, policies, and obligations. Supporting business-appropriate ESG reporting and initiatives.
  4. Contract Management
    • Lead the contract review and facilitate communication between internal stakeholders and external partners and customers.
    • Leads the contract management processes by supporting contract review and approval workflows, maintaining contract records, and tracking key obligations and milestones.
  5. Legal Affairs Support
    • Provides support for legal operations by managing legal documentation, coordinating communications with counsel and stakeholders, maintaining legal records, tracking legal matters, and safeguarding confidential information.
  6. Security Administration
    • Supports organizational security initiatives by coordinating security documentation, maintaining incident records, assisting with access and security programs, and contributing to emergency preparedness, crisis management, and security awareness efforts.
  7. Data, Reporting & Analytics
    • Provides data management, reporting, and analytical support across governance, risk, compliance, and security functions by maintaining accurate records, developing meaningful metrics and dashboards, analyzing trends, and ensuring data integrity and confidentiality.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Understanding of governance, risk management, compliance, and internal control principles.
  • Knowledge of contract administration and business documentation practices.
  • Strong organizational and project coordination skills.
  • Exceptional attention to detail and accuracy.
  • Ability to handle confidential and sensitive information with discretion.
  • Strong analytical and problem-solving skills.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple projects and deadlines simultaneously.
  • Strong customer service mindset and collaborative approach.

EDUCATION AND/OR EXPERIENCE:

Education

  • Bachelor's degree in Business Administration, Risk Management, Legal Studies, Finance, Human Resources, Criminal Justice, or related field preferred.
  • Equivalent combination of education and relevant experience may be considered.

Experience

  • 3-5 years of experience in compliance, risk management, contracts administration, legal support, security, audit, insurance, HR, finance, or related business functions.
  • Experience working with policies, contracts, audits, compliance programs, or risk management processes preferred.
  • Experience maintaining records, databases, and reporting tools.

OTHER INFORMATION:

All full-time positions offer attractive compensation and benefits that include ESOP stock allocation, 401(k) match, a company health clinic, medical, dental, life and disability insurance, volunteer time off, along with holiday pay and paid time off.

This is an on-site position requiring in-person attendance.

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