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Director Financial Risk Management Jobs in Minnesota

The Sr. Director provides enterprise leadership to design, standardize, and continuously improve ... proactive management of performance, compliance, and financial risk. Performs other duties as ...

Sr. Risk Analyst

Minneapolis, MN · On-site

$76K - $104K/yr

We are a longstanding leader in financial planning and advice, a global asset manager and an ... Direct and guide initiatives by validating applicable SEC or FINRA rules to business processes and ...

Risk Manager

Bloomington, MN · Hybrid

$93K - $122K/yr

... closely with the Director of Risk Management to support the administration and continuous ... Finance, Legal, and Operations-to drive claim outcomes, manage risk, and support strategic ...

Risk Manager

Bloomington, MN · On-site

$93K - $122K/yr

... closely with the Director of Risk Management to support the administration and continuous ... Finance, Legal, and Operations-to drive claim outcomes, manage risk, and support strategic ...

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Director Financial Risk Management information

What does a Director of Financial Risk Management do?

A Director of Financial Risk Management is responsible for identifying, assessing, and mitigating financial risks that could impact an organization’s profitability and operations. They develop and implement risk management strategies, policies, and procedures to manage risks related to market fluctuations, credit, liquidity, and regulatory compliance. This role often involves working closely with senior executives, analyzing financial data, and ensuring the company adheres to risk-related regulations and standards. The director also leads a team of risk analysts and collaborates with other departments to promote a risk-aware culture throughout the organization.

What are the main challenges a Director of Financial Risk Management faces when aligning risk strategies across multiple departments?

A Director of Financial Risk Management often encounters the challenge of ensuring consistent risk assessment and mitigation strategies across various business units, each with its own priorities and risk appetites. This requires strong communication skills and the ability to build consensus among stakeholders, as well as staying current with regulatory changes and industry standards. Balancing the need for robust risk controls with the organization's overall business objectives can be complex, but collaboration with finance, operations, and compliance teams is key to implementing effective, enterprise-wide risk policies.

What is the difference between Director Financial Risk Management vs Risk Analyst?

AspectDirector Financial Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (MBA, CFA), extensive experienceBachelor's or master's degree, relevant certifications (FRM, CFA)
Work EnvironmentStrategic leadership, executive meetings, cross-department collaborationData analysis, risk assessment, reporting
Employer & Industry UsageFinancial institutions, corporations, investment firmsBanks, insurance companies, asset management firms

The main difference is that the Director Financial Risk Management oversees risk strategies at an executive level, focusing on high-level decision-making, while Risk Analysts perform detailed risk assessments and data analysis to support those strategies. The director has broader responsibilities and requires more experience and credentials.

What are the key skills and qualifications needed to thrive as a Director of Financial Risk Management, and why are they important?

To thrive as a Director of Financial Risk Management, you need deep expertise in finance, risk assessment, and regulatory compliance, often supported by a degree in finance or a related field and several years of relevant experience. Familiarity with risk modeling software, advanced Excel, and certifications such as FRM (Financial Risk Manager) or CFA are typically required. Strong analytical thinking, leadership, and effective communication are crucial soft skills for influencing stakeholders and managing teams. These skills ensure prudent risk oversight, regulatory adherence, and strategic decision-making to protect the organization's financial health.
What are the most commonly searched types of Financial Risk Management jobs in Minnesota? The most popular types of Financial Risk Management jobs in Minnesota are:
What are popular job titles related to Director Financial Risk Management jobs in Minnesota? For Director Financial Risk Management jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Director Financial Risk Management jobs? Cities in Minnesota with the most Director Financial Risk Management job openings:
Program Manager, Clinical Risk Management

Program Manager, Clinical Risk Management

HealthPartners

Bloomington, MN

Other

Medical, Retirement

Posted yesterday


HealthPartners rating

7.8

Company rating: 7.8 out of 10

Based on 127 frontline employees who took The Breakroom Quiz

103rd of 870 rated healthcare providers


Job description

HealthPartners is hiring a Program Manager, Clinical Risk Management. The Program Manager Clinical Risk Management is responsible for administering the risk management program on a daily basis, managing and analyzing risk management data, conducting risk management education programs and complying with regulations and standards of all applicable accrediting and regulatory agencies with the objective of minimizing loss to the organization. The Program Manager manages the collection of aggregate data from unexpected events and liability claims to assess risk and liability potential and support the development of strategic risk reduction initiatives to prevent and/or reduce risk to the organization's patients, visitors, members and employees. This position will specifically support the risk management activities of HealthPartners' hospitals and clinics in collaboration with their leaders.

ACCOUNTABILITIES:

Under the direction of the Director of Clinical Risk Management, this position is accountable for the following key functions:

  • Administering risk management activities on a daily basis
  • Managing the collection of and analysis of risk management data to identify risk trends, create loss control initiatives, and evaluate effectiveness of loss prevention program
  • Conducting risk management continuing education programs for clinic and hospital staff
  • Investigating unexpected outcomes
  • Managing potential claims against the organization
  • Supporting compliance with accrediting and regulatory agency standards
  • Evaluating incident responses to clinical areas for continuous improvement
  • Assisting in evaluation of clinical procedures and operational policies and processes
  • Developing, evaluating, and communicating assigned risk management program components and tasks to appropriate stakeholders
  • Serving as a risk consultant to internal customers to prevent or minimize loss
  • Representing Risk Management at committee meetings where risk data is discussed and report findings to Director
  • Ensuring the accuracy of data in risk management databases
  • Periodic after-hours call
  • Other duties as assigned

REQUIRED QUALIFICATIONS: 

  • Bachelors degree in health-care related field
  • Minimum of 5 years working in health care with knowledge of clinical processes
  •  Ability to understand and evaluate information in medical records
  • Previous experience with data and trend analysis
  • Ability to maintain strict confidentiality
  • Exceptional organizational and analytical skills
  • Excellent communication skills (verbal and written)
  • Excellent computer skills and proficiency with software programs: MS Word, Excel, PowerPoint
  • Commitment to quality and customer service
  • Ability to establish and maintain good working relationships with staff and hospital department leaders
  • Previous experience with managing outcomes through others
  • Proven ability to exercise initiative, good judgment and discretion
  • Ability to organize and prioritize multiple tasks
  • Ability to plan projects and meet deadlines (e.g., set objectives and goals, adjust for necessary change, evaluate results, etc.)

PREFERRED QUALIFICATIONS:

  • Health care risk management experience
  • Advanced degree in a health-care or other related field
  • CPHRM designation
  • Experience with interviewing and/or investigating sensitive or emotional matters
  • Knowledge of health care regulatory requirements

At HealthPartners we believe in the power of good - good deeds and good people working together. As part of our team, you'll find an inclusive environment that encourages new ways of thinking, celebrates differences, and recognizes hard work.

We're a nonprofit, integrated health care organization, providing health insurance in six states and high-quality care at more than 90 locations, including hospitals and clinics in Minnesota and Wisconsin. We bring together research and education through HealthPartners Institute, training medical professionals across the region and conducting innovative research that improve lives around the world.

At HealthPartners, everyone is welcome, included and valued. We're working together to increase diversity and inclusion in our workplace, advance health equity in care and coverage, and partner with the community as advocates for change.

Benefits Designed to Support Your Total Health
As a HealthPartners colleague, we're committed to nurturing your diverse talents, valuing your dedication, and supporting your work-life balance. We offer a comprehensive range of benefits to support every aspect of your life, including health, time off, retirement planning, and continuous learning opportunities. Our goal is to help you thrive physically, mentally, emotionally, and financially, so you can continue delivering exceptional care.

Join us in our mission to improve the health and well-being of our patients, members, and communities.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant because of race, color, sex, age, national origin, religion, sexual orientation, gender identify, status as a veteran and basis of disability or any other federal, state or local protected class.


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