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Credit Risk Management Jobs in Minnesota (NOW HIRING)

Dacotah Banks

Associate

Minneapolis, MN · On-site

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

This role is expected to develop a strong understanding of corporate lending structures, credit risk management, and relationship banking while supporting team members in delivering exceptional ...

The bank of elk river

Senior Credit Analyst

Elk River, MN · On-site

$75K - $100K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

The Bank of Elk River is seeking a Senior Credit Analyst to support commercial lending through in-depth financial analysis, sound credit recommendations, and portfolio risk management. Join a team ...

The bank of elk river

Senior Credit Analyst

Elk River, MN · On-site

$75K - $100K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

The Bank of Elk River is seeking a Senior Credit Analyst to support commercial lending through in-depth financial analysis, sound credit recommendations, and portfolio risk management. Join a team ...

Dacotah Bank

Associate

Minneapolis, MN · On-site

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

This role is expected to develop a strong understanding of corporate lending structures, credit risk management, and relationship banking while supporting team members in delivering exceptional ...

Old National Bank

Credit Data Steward

Saint Louis Park, MN · On-site

$121K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Credit Data Steward Job Locations US-IN-Evansville | US-MN-St Louis Park | US-MN-Rochester | US-MN ... Participate in enterprise data governance councils and risk management committees. Data Quality ...

Old National Bank

Credit Data Steward

Minneapolis, MN · On-site

$121K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Credit Data Steward Job Locations US-IN-Evansville | US-MN-St Louis Park | US-MN-Rochester | US-MN ... Participate in enterprise data governance councils and risk management committees. Data Quality ...

Old National Bank

Credit Data Steward

Rochester, MN · On-site

$121K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Credit Data Steward Job Locations US-IN-Evansville | US-MN-St Louis Park | US-MN-Rochester | US-MN ... Participate in enterprise data governance councils and risk management committees. Data Quality ...

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Showing results 41-60

All JobsCredit Risk Management JobsCredit Risk Management Jobs in Minnesota

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 Aug 18, 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:

Credit Risk Management jobs near you
Infographic showing various Credit Risk Management job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, 3% Contract, and 1% Nights. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $155,053 per year, or $74.5 per hour.

Associate

Dacotah Banks

Minneapolis, MN • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 5 days ago

Job description

Job Summary
The Associate supports the Corporate Banking team through credit analysis, underwriting, portfolio management, and client service activities. This position works closely with lenders, clients, and Credit Administration to evaluate lending opportunities, monitor portfolio performance, and assist with the credit approval process.

The Associate will analyze financial information, prepare credit presentations and underwriting packages, monitor borrower performance, and participate in client interactions. This role is expected to develop a strong understanding of corporate lending structures, credit risk management, and relationship banking while supporting team members in delivering exceptional client service.

Essential Functions
Employees must be able to perform the essential functions of this position satisfactorily or make a request for reasonable accommodations as needed.

  • Analyze financial statements, tax returns, projections, and other financial information to assess credit quality and repayment ability.
  • Perform cash flow analysis, financial spreading, ratio analysis, and industry comparisons.
  • Assist in preparing pre-flight analyses and preliminary credit assessments for prospective and existing clients.
  • Prepare underwriting packages, credit memorandums, and loan presentations for internal approval processes.
  • Support senior Corporate Banking team members in structuring credit facilities and identifying appropriate loan terms and conditions.
  • Monitor assigned portfolio relationships, including financial reporting requirements, covenant compliance, and risk-rating accuracy.
  • Assist with annual reviews, periodic portfolio monitoring, and other credit administration requirements.
  • Conduct research on industries, markets, and borrowers to support lending recommendations.
  • Participate in client meetings, management calls, and relationship reviews as appropriate.
  • Coordinate with Credit Administration and other internal stakeholders throughout the underwriting and approval process.
  • Ensure financial information (e.g. financial statements, compliance certificates, borrowing base certificates, etc.) is accurately reviewed, entered, and maintained within bank systems. 
  • Assist with closing documentation and loan funding processes.
  • Identify opportunities to improve processes, workflows, and client experience within Corporate Banking.
  • Stay current on industry trends, credit policies, and regulatory requirements.

Other Functions

  • Serve as a resource to bankers and internal partners regarding financial analysis and borrower information.
  • Participate in internal training and professional development opportunities.
  • Support special projects and strategic initiatives as assigned.
  • Perform other duties as assigned.

Education & Experience

  • Bachelor's degree in Finance, Accounting, Business, Economics, or a related field.
  • 2-5 years of experience in credit analysis, commercial banking, corporate banking, or related financial services roles.
  • Demonstrated ability to analyze financial statements and assess credit risk.
  • Strong written and verbal communication skills.
  • Ability to organize multiple priorities and meet deadlines in a fast-paced environment.
  • Strong attention to detail and analytical problem-solving skills.
  • Working knowledge of commercial and corporate lending practices.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Ability to build effective relationships with internal partners and clients.

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

  • Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
  • Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
  • Health Savings Account
  • Life Insurance for the employee and family
  • Paid Vacation and Sick Time
  • Retirement Plan Options
  • Additional Perks and Benefits

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