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Credit Risk Management Jobs in Minnesota (NOW HIRING)

# Senior Credit Risk Manager* Virginia* Full Time (Permanent)* Hybrid* 175-250k* Loans US CreditApply ... Strong stakeholder management and communication -- able to influence cross-functionally and up to ...

Credit Review Team Leader Sr

Minnetonka, MN · On-site +1

$125K - $255K/yr

As part of the respective credit risk focus area, develop and manage a credit review program which assesses the management framework in selecting, underwriting, and administering the direct and ...

Credit Review Team Leader Sr

Minnetonka, MN · On-site +1

$125K - $255K/yr

As part of the respective credit risk focus area, develop and manage a credit review program which assesses the management framework in selecting, underwriting, and administering the direct and ...

CHIEF CREDIT OFFICER

Bloomington, MN · On-site

$150 - $200/hr

Responsible for the leadership and oversight of the Bank's credit administration and credit risk management functions. Ensures the overall quality, profitability, and risk profile of the loan ...

New

CHIEF CREDIT OFFICER

Bloomington, MN · On-site

$200 - $250/hr

Ensures the overall quality, profitability, and risk profile of the loan portfolio through sound underwriting, portfolio management, risk rating administration, and allowance for credit losses (ACL ...

New

Credit Manager

Eagan, MN · On-site

$150K - $160K/yr

What You'll Do Credit & Risk Management * Establish and administer company credit policies, approval authorities, and risk tolerances. * Evaluate customer creditworthiness using financial statement ...

Credit Manager

Saint Paul, MN · On-site

$150K - $160K/yr

What You'll Do Credit & Risk Management * Establish and administer company credit policies, approval authorities, and risk tolerances. * Evaluate customer creditworthiness using financial statement ...

Credit & AR Manager

Plymouth, MN · On-site

$100 - $125/hr

Credit Risk Management: Understanding credit risk models, credit limits, and best practices in mitigating risk * Excellent communication skills, both written and verbal, for interacting with internal ...

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Showing results 1-20

Credit Risk Management information

See Minnesota salary details

$84.7K

$155.1K

$234.6K

How much do credit risk management jobs pay per year?

As of Sep 8, 2026, the average yearly pay for credit risk management in Minnesota is $155,053.00, according to ZipRecruiter salary data. Most workers in this role earn between $130,800.00 and $173,800.00 per year, depending on experience, location, and employer.

What is credit risk management?

Credit Risk Management is the process of identifying, assessing, and mitigating the risk that a borrower or counterparty will fail to meet their financial obligations. Professionals in this field analyze creditworthiness, set lending policies, and monitor existing loans to minimize potential losses for banks or financial institutions. Effective credit risk management helps ensure the stability of financial systems and protects organizations from significant financial loss.

What are the key skills and qualifications needed to thrive in credit risk management?

To thrive in Credit Risk Management, you need strong analytical skills, financial modeling expertise, and a solid background in finance or economics, often supported by a relevant degree. Familiarity with risk assessment software, credit scoring systems, and regulatory compliance tools such as Basel III is highly valued. Attention to detail, effective communication, and sound judgment are crucial soft skills for evaluating creditworthiness and collaborating with stakeholders. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making to protect the organization's financial health.

What are some common challenges faced by professionals in credit risk management, and how can they be addressed?

Professionals in Credit Risk Management often encounter challenges such as assessing complex borrower profiles, keeping up with changing regulatory requirements, and managing large volumes of data. To address these, it's important to develop strong analytical skills, stay updated on industry regulations, and leverage technology for more efficient data analysis. Collaborating closely with other departments, such as sales and compliance, also helps ensure well-rounded risk assessments and effective risk mitigation strategies.

What is the difference between Credit Risk Management vs Credit Analysis?

AspectCredit Risk ManagementCredit Analysis
Primary FocusAssessing and mitigating overall credit risk for an organizationEvaluating individual creditworthiness of borrowers
CertificationsTypically requires certifications like CFA, Credit Risk certificationsOften requires financial analysis certifications or degrees
Work EnvironmentStrategic, risk-focused, often in risk departmentsAnalytical, detail-oriented, in credit or lending departments
Industry UsageCommon in banking, financial services, and lending institutionsUsed across banks, credit agencies, and lending firms

While both roles involve assessing financial information, Credit Risk Management focuses on the broader risk exposure of the organization, whereas Credit Analysis concentrates on evaluating individual borrowers' creditworthiness. Understanding these differences helps professionals and employers align roles with skills and organizational needs.

What does credit risk management do?

Credit risk management involves identifying, assessing, and monitoring the risk of borrowers defaulting on their financial obligations. Professionals in this field analyze credit data, use risk assessment tools, and develop strategies to minimize potential losses for lenders or financial institutions.

What are popular job titles related to Credit Risk Management jobs in Minnesota?

For Credit Risk Management jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Credit Risk Management jobs in Minnesota look for?

The top searched job categories for Credit Risk Management jobs in Minnesota are:

Infographic showing various Credit Risk Management job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 10% Part Time, and 6% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution, with an average salary of $155,053 per year, or $74.5 per hour.

Credit Risk Insights Manager - Credit Strategy Lead

US Bank

Minneapolis, MN

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

66th of 175 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

About the CRA Team

We are a highly dynamic and talented team which delivers on our mission through four pillars: Customer, Process, Talent, and Data.

Vision | We create the future of credit risk management through data, analytics, and risk process innovation for our customers.

Mission | We deliver data-driven information solutions to protect our stakeholders and inform the most significant financial decisions in the bank.

Values | In addition to U.S. Bank core values, we prioritize collaboration, integrity, simplicity, and continuous learning.

About the Role

In this role, you will serve as a senior individual contributor helping transform wholesale credit risk reporting and analytics for Credit Risk Management (CRM). You will partner closely with Credit Strategy, portfolio risk managers, and subject matter experts to deliver insights that support strategic decision-making across areas such as internal risk limits, credit concentrations, risk rating trends, portfolio monitoring, and broader credit risk management activities.

Responsibilities include gathering and translating business requirements into reporting and analytical solutions, leading reporting transformation initiatives, and establishing reliable, scalable, and standardized processes. You will leverage tools such as SQL, Power BI, Power Apps, and Power Automate to modernize reporting capabilities, improve data accessibility, and deliver actionable risk insights.

Success in this role requires strong analytical skills, credit risk knowledge, and the ability to influence outcomes through expertise, collaboration, and data-driven recommendations.

Key Activities

  • Partner with Credit Strategy and portfolio risk managers to design, enhance, and productionalize credit risk reporting and analytics for wholesale portfolios.

  • Deliver reporting and analytical solutions that support internal risk limits, concentration risk monitoring, risk rating oversight, and portfolio management activities.

  • Identify, design, and execute opportunities to improve reporting efficiency, automation, and data quality.

  • Translate complex business requirements into scalable dashboards, datasets, and reporting processes.

  • Collaborate with technology, data management, and risk teams to implement sustainable reporting solutions and resolve data-related issues.

  • Develop executive-level reporting and insights that inform risk management and strategic decision-making.

Core Competencies:

  • Wholesale Credit Risk Knowledge

  • Credit Portfolio Analytics

  • Data Visualization & Storytelling

  • Process Improvement & Automation

  • Power BI Development

  • SQL/Python Programming

  • Risk Reporting & Governance

  • Stakeholder Management & Influence

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Typically more than eight years of applicable experience

Preferred Skills

  • Strong experience with Power BI, Power Automate, and Power Apps

  • Strong knowledge of credit risk management concepts in wholesale lending

  • 10+ years of experience using SQL, Python, or similar analytical programming languages.

  • Experience building complex analytical dashboards and executive reporting solutions.

  • Ability to independently manage multiple priorities and drive reporting transformation initiatives.

  • Strong collaboration and communication skills across risk, strategy, technology, and data management teams.

  • Extensive analytical and problem-solving skills to investigate, remediate, and improve reporting and data processes.

  • Ability to synthesize complex information into clear, actionable insights for senior leaders.

*This role requires working from a U.S. Bank location three (3) or more days per week.

**We are hiring in the following locations:

  • Denver, CO

  • Minneapolis, MN

  • Charlotte, NC

  • Cincinnati, OH

  • Irving, TX

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $111,605.00 - $131,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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