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Director Of Risk Jobs in Minnesota (NOW HIRING)

The Director of Risk and Internal Audit will serve as a key member of the CFO leadership team driving transformation of the business to achieve the next stage of growth and complexity. The Director ...

Risk Manager

Bloomington, MN · Hybrid

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the administration and continuous improvement of the Company's global risk management and insurance programs. This ...

Risk Manager

Bloomington, MN · On-site

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the administration and continuous improvement of the Company's global risk management and insurance programs. This ...

Director of Distribution

Bloomington, MN · Hybrid

$137K - $192K/hr

Directors at QBP are accountable for the future growth and success of a critical area of the ... Safety performance and risk * Capital investment requirements * QBP's ability to scale profitably ...

Director of AIOps Ready to build the intelligence layer that makes global operations predictive ... AI-driven change risk-scoring models and LLM-based operational assistants that strengthen ...

Director of Quality

Eden Prairie, MN · On-site

$155K - $170K/yr

Director of Quality Department: Quality Reports to: Chief Development and Compliance Officer Work ... Ensures risk management processes are effectively embedded throughout the product lifecycle.

Monitor incidents, investigations, and risk-management strategies * Collaborate with case managers ... Prior Director of Nursing or ICF leadership experience * Experience in nonprofit or community-based ...

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Director Of Risk information

See Minnesota salary details

$10.8K

$139.1K

How much do director of risk jobs pay per year?

As of Aug 31, 2026, the average yearly pay for director of risk in Minnesota is $138,108.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,100.00 and $138,100.00 per year, depending on experience, location, and employer.

What does a director of risk do?

A Director of Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or objectives. They develop risk management strategies, oversee compliance with regulations, and ensure that proper controls are in place to minimize financial, legal, and reputational risks. Typically, this role involves working closely with senior leadership to align risk management with overall business goals and to foster a culture of risk awareness throughout the organization.

How does a director of risk typically collaborate with other departments to manage organizational risk?

A Director of Risk works closely with various departments—such as compliance, finance, operations, and IT—to identify, assess, and mitigate potential risks. They often lead cross-functional meetings and risk assessment workshops to ensure all perspectives are considered and that risk controls are integrated into daily operations. Collaboration is key, as effective risk management requires input and buy-in from across the organization. Directors of Risk also frequently present findings and recommendations to executive leadership, ensuring alignment on risk appetite and mitigation strategies.

What are the key skills and qualifications needed to thrive as a director of risk, and why are they important?

To thrive as a Director of Risk, you need deep expertise in risk management, regulatory compliance, and business strategy, often supported by a bachelor’s or master’s degree in finance, business, or a related field. Familiarity with risk assessment tools, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is typically required. Exceptional leadership, analytical thinking, and communication skills help you influence stakeholders and navigate complex risk scenarios. These skills ensure the effective identification, mitigation, and communication of organizational risks, protecting the company’s assets and reputation.

What is the difference between Director Of Risk vs Risk Manager?

AspectDirector Of RiskRisk Manager
ResponsibilitiesOversees enterprise-wide risk strategies, sets policies, and manages risk teamsIdentifies, assesses, and mitigates specific risks within departments or projects
Required CredentialsOften requires advanced degrees (e.g., MBA), certifications like CRM or FRM, and extensive experienceTypically requires a bachelor's degree, certifications like RIMS-CRMP, and relevant experience
Work EnvironmentStrategic, leadership-focused, often in corporate officesOperational, detail-oriented, working closely with teams on risk assessments

The main difference between a Director Of Risk and a Risk Manager lies in scope and seniority. The Director Of Risk handles enterprise-wide risk strategies and leadership, while the Risk Manager focuses on specific risk areas and implementation. Both roles require relevant certifications and experience, but the Director position involves higher-level decision-making and strategic planning.

What are popular job titles related to Director Of Risk jobs in Minnesota?

For Director Of Risk jobs in Minnesota, the most frequently searched job titles are:

Infographic showing various Director Of Risk job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 6% Part Time, and 6% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $138,108 per year, or $66.4 per hour.

Director of Risk Management and Compliance

Douglas Machine, Inc.

Alexandria, MN • On-site

$130K - $170K/yr

Other

Medical, Dental, Life, Retirement, PTO

Posted 12 days ago


Job description

Description
JOB SUMMARY:
The Director of Risk Management & Compliance is responsible for leading the organization's governance framework, enterprise risk management program, compliance activities, contract administration, legal affairs coordination, and security functions. This role ensures the organization operates in accordance with legal, regulatory, contractual, and ethical standards while effectively identifying, assessing, and mitigating organizational risks.
This position plays a critical role in safeguarding the organization's assets, reputation, people, and long-term sustainability.
ESSENTIAL DUTIES & RESPONSIBILITIESinclude the following. Other duties may be assigned:
  1. Steward our mission (to enrich lives by providing differentiated packaging automation and services) and values (unwavering integrity, servant's heart, ownership spirit and continuous innovation and improvement).
  2. Model and champion our leadership qualities (live Douglas values, chart the course, energize others, and raise the bar).
  3. Governance
    • Develop and implement policies, controls, and procedures to mitigate risks and maintain compliance.
  4. Contracts Management
    • Lead the processes for review, negotiation, drafting, and administration of customer, vendor, service, and partnership contracts.
    • Develop contract standards, templates, and approval processes.
    • Ensure contractual obligations, risks, and liabilities are appropriately identified and managed.
    • Maintain contract repository and monitor critical dates, renewals, and compliance requirements.
    • Partner with business leaders to support contract negotiations and dispute resolution.
  5. Legal Affairs
    • Coordinate with internal and external legal counsel on corporate legal matters.
    • Monitor and advise on legal and regulatory developments affecting the organization.
    • Support litigation management, employment matters, and regulatory inquiries when applicable.
    • Ensure policies and business practices align with applicable laws and regulations.
    • Provide guidance on corporate governance and compliance initiatives.
  6. Enterprise Risk Management
    • Develop and maintain a comprehensive risk management framework.
    • Identify, assess, monitor, and mitigate strategic, operational, financial, and compliance risks.
    • Facilitate risk assessments and business continuity planning.
    • Prepare risk reports and recommendations.
    • Lead incident response and corrective action processes.
  7. Security Management
    • Collaborate with facilities on physical security programs, access controls, investigations, and asset protection initiatives.
    • Collaborate with IT leadership on cybersecurity governance and risk mitigation strategies.
    • Develop and maintain security policies, emergency response plans, and crisis management procedures.
    • Conduct security assessments and recommend improvements to safeguard employees, facilities, and information assets.
    • Ensure compliance with applicable security standards and regulatory requirements.
  8. Compliance & Governance
    • Establish and maintain compliance programs, policies, and internal controls.
    • Lead business-appropriate ESG reporting and initiatives.
    • Support audits, regulatory inspections, and compliance reviews.
    • Deliver training and awareness programs related to contracts, compliance, risk, and security.
    • Monitor organizational adherence to policies and regulatory requirements.

QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Strong contract negotiation and legal issue-spotting skills.
  • Comprehensive understanding of risk management principles
  • Knowledge of compliance frameworks and regulatory requirements.
  • Understanding of physical security and cybersecurity governance practices.
  • Excellent analytical, communication, and problem-solving skills.
  • Ability to balance business objectives with legal and risk considerations.
  • Strong leadership, organizational, and project management capabilities.

EDUCATION AND/OR EXPERIENCE:
Education
  • Bachelor's degree in Business Administration, Legal Studies, Risk Management, Security Management, or related field required.
  • MBA, Risk Management, or equivalent professional certification preferred.

Experience
  • 5+ years of progressive experience in contracts, legal, risk management, compliance, security, or related disciplines.
  • 2+ years of leadership experience.
  • Experience managing complex contracts and corporate risk programs.
  • Demonstrated success partnering with leadership and outside counsel.

OTHER INFORMATION:
All full-time positions offer attractive compensation and benefits that include ESOP stock allocation, 401(k) match, a company health clinic, medical, dental, life and disability insurance, volunteer time off, along with holiday pay and paid time off.