1

Director Financial Risk Management Jobs in Minneapolis, MN

The role will reside within the Financial Risk Management's Balance Sheet Risk Management (BSRM) team, serving as a second line of defense under the Chief Risk Officer. Liquidity Risk Oversight ...

Assoc Risk Mgmt Specialist

Shakopee, MN · On-site +1

$49K - $72K/yr

The Risk Management Specialist will assist in insurance and risk management matters for Entrust ... Collect and organize financial, HR and IT information for insurance purposes * Respond to routine ...

Assoc Risk Mgmt Specialist

Shakopee, MN · On-site

$49K - $72K/yr

The Risk Management Specialist will assist in insurance and risk management matters for Entrust ... Collect and organize financial, HR and IT information for insurance purposes * Respond to routine ...

Showing results 21-40

Director Financial Risk Management information

See Minneapolis, MN salary details

$56.4K

$149.5K

$271.4K

How much do director financial risk management jobs pay per year?

As of Aug 22, 2026, the average yearly pay for director financial risk management in Minneapolis, MN is $149,456.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,100.00 and $174,800.00 per year, depending on experience, location, and employer.

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 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 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 does a director of financial risk management make?

A director of financial risk management typically earns a salary ranging from $120,000 to $200,000 annually, depending on experience, industry, and location. They often receive bonuses and benefits, and the role requires strong analytical skills, knowledge of financial instruments, and risk assessment tools.

What are the most commonly searched types of Financial Risk Management jobs in Minneapolis, MN?

The most popular types of Financial Risk Management jobs in Minneapolis, MN are:

What are popular job titles related to Director Financial Risk Management jobs in Minneapolis, MN?

For Director Financial Risk Management jobs in Minneapolis, MN, the most frequently searched job titles are:

What job categories do people searching Director Financial Risk Management jobs in Minneapolis, MN look for?

The top searched job categories for Director Financial Risk Management jobs in Minneapolis, MN are:

Infographic showing various Director Financial Risk Management job openings in Minneapolis, MN as of August 2026, with employment types broken down into 100% Full Time. Highlights an 79% In-person, 14% Hybrid, and 7% Remote job distribution, with an average salary of $149,456 per year, or $71.9 per hour.

Senior Analyst, Operational Risk

Royal Bank of Canada

Minneapolis, MN • On-site

$70K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago


Job description

Job Description
What is the opportunity?
As a Senior Analyst for Operational Risk you will be responsible for executing RBC Wealth Management's U.S. (WM-U.S.) operational risk management practices and initiatives in accordance with RBC's Enterprise and business requirements. In this role you will partner closely with a variety of partners across the business and lines of defense such as Compliance and Group Risk Management to ensure effective identification, documentation, and management of operational risks and control environments.
What will you do?
Operational Risk Event Management
  • Research and input Operational Risk Events (OREs), conducting root cause analyses as needed
  • Gather and validate information provided by business to ensure compliance with Enterprise ORE Standard
  • Escalate material OREs in accordance with the Enterprise ORE Standard and RBC Combined U.S. Operations (CUSO) Escalation Standard

Control Management
  • Develop and maintain business control inventory by identifying, documenting, and updating controls and control language in accordance with the Enterprise Internal Control Management Standard
  • Act as a liaison between business and functional group partners throughout the control lifecycle
  • Assist Control Owners and delegates with the completion of non-key control evaluations

Issue Management
  • Identify, raise, and manage formal operational risk issues in accordance with Enterprise Issue Management Standard
  • Monitor and track action plan completion to ensure timely resolution
  • Partner with business and functional group stakeholders throughout the issue lifecycle in accordance with the Enterprise Issue Management Standard

What do you need to succeed?
Must-have
  • Bachelor's degree in finance, business, or related field (or equivalent experience)
  • 5-7 years of experience in operational risk, compliance, or legal within wealth management or financial services
  • Strong knowledge of leading operational risk practices, regulatory expectations, and control frameworks
  • Excellent organizational, analytical, and problem-solving capabilities
  • Skill and judgment to be able to deal effectively with and influence business partners, stakeholders, and senior management.
  • Proven skill in handling conflict, strategic thinking and decision making in a time-sensitive environment, meticulous attention to detail and strong written and verbal communication skills.
  • Action-oriented with ability to prioritize multiple competing tasks

Nice-to-have
  • Quality assurance experience within the financial services industry.
  • JD, MBA, or other advanced degree
  • SIE; Series 7; Series 63/65 or 66; and Series 9/10 or Series 24
  • US wealth management broker-dealer risk and/or compliance experience

What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
  • Leaders who support your development through coaching and managing opportunities.
  • Ability to make a difference and lasting impact.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Opportunities to do challenging work.
  • Opportunities to build close relationships with clients.

The expected salary range for this particular position is $70,000-$130,000, depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
  • Drives RBC's high-performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value

Job Skills
Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork
Additional Job Details
Address:
250 NICOLLET MALL:MINNEAPOLIS
City:
Minneapolis
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
WEALTH MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-08-11
Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.