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Director Financial Risk Management Jobs in Minnesota

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 ...

Showing results 41-60

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 job categories do people searching Director Financial Risk Management jobs in Minnesota look for? The top searched job categories for Director Financial Risk Management jobs in Minnesota 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:

Manager Technology Risk

Ameriprise Financial

Minneapolis, MN • On-site

$100K - $137K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 23 days ago


Ameriprise rating

7.7

Company rating: 7.7 out of 10

Based on 130 frontline employees who took The Breakroom Quiz

105th of 150 rated financial services


Job description

About Our Company
We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Job Description
Ameriprise Financial is looking to add a Manager, Technology Risk to the team! The Manager, Technology Risk is a Second Line of Defense (2LOD) role reporting to the VP, Technology Risk. Responsible for supporting execution of technology and cyber risk oversight activities and ensuring accurate documentation, assessment, and monitoring of risks.
Key Responsibilities:
  • Oversight and credible challenge the first line of defense (1LOD) in their execution of the annual risk self-assessments. Credible challenge is done for both the Technology / Cyber organizations and well as for the enterprise.
  • Support the implementation of Operational Risk Management (ORM) methodology and requirements across assigned business unit, in agreement with the overall ORM framework
  • Support and creditability challenge the first line of defense as they manage and respond to risk events (issues/incidents).
  • Support risk governance forums (prep materials, reporting, follow-ups)
  • Risk Framework and Governance: Support framework execution and control documentation.
  • Support audit readiness and regulatory alignment
  • Risk Monitoring, Challenge, and Reporting: Perform assessments, support RCSA/REV/ROC.
  • Pro-actively identify opportunities and recommend solutions to mitigate current and future technology and cyber risk. Provide expertise for enhancement and implementation of technology policies, standards, controls and metrics.
  • Coach and mentor other team members

Required Qualifications:
  • Bachelor's degree or equivalent
  • 5-7 years of relevant experience
  • Knowledge of IT technical and operational processes, and associated risks and controls, IT risk management with a strong emphasis on AI risk management.
  • Technical knowledge of risk management frameworks, applicable standards, and regulatory requirements including, NIST, COBIT, FFIEC, ISO27000, and other relevant IT governance frameworks.
  • Ability to communicate complex information technology risks and issues to non-technical business stakeholders to ensure a clear understanding of criticality and implications.
  • Critical thinker and ability to express risk themes from data that will serve to inform and guide leadership decisions and actions.
  • Strong analytical, organizational, and time management skills.
  • Strong ability to lead, partner, and influence across all leadership levels.
  • Ability to drive results and meet deadlines to reduce risks.
  • Strong written and verbal communication skills
  • Must be able to work independently.

In-Office Collaboration
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
Base Pay Salary
The estimated base salary for this role is $100,000 -137,600/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Business Support & Operations
Line of Business
FIN Finance
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.
We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

What Ameriprise employees say

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Benefits

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About Ameriprise

Sourced by ZipRecruiter

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Industry

Funds, trusts and financial programs

Company size

5,001 - 10,000 Employees

Headquarters location

Minneapolis, MN, US

Year founded

1894

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