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Financial Risk Manager Jobs in Minnesota (NOW HIRING)

... finance teams. * Lead administration of Builders Risk insurance programs, including policy ... Manage the company's insurance portfolio, including policy administration, renewals, endorsements ...

Risk Manager

Bloomington, MN · Hybrid

$93K - $122K/yr

The position requires a detail-oriented professional who can effectively collaborate across functions-including HR, EHS, Finance, Legal, and Operations-to drive claim outcomes, manage risk, and ...

Risk Manager

Maple Grove, MN · On-site

$150K/yr

... financial instruments. Position Responsibilities / Abilities - Oversee the organization's dynamic ... risk management strategies impact the organization - Implement solutions without creating ...

Risk Manager

Bloomington, MN · On-site

$93K - $122K/yr

The position requires a detail-oriented professional who can effectively collaborate across functions-including HR, EHS, Finance, Legal, and Operations-to drive claim outcomes, manage risk, and ...

Bachelor's degree in Risk Management, Finance, Economics, Accounting, Business Administration, Audit, Compliance, or a related field, or an equivalent combination of education and experience. * 8+ ...

Helping the customers and businesses we serve to make better and smarter financial decisions and ... This Technology Risk Manager position will support the Technology Infrastructure organization. To ...

Helping the customers and businesses we serve to make better and smarter financial decisions and ... This Technology Risk Manager position will support the Technology Infrastructure organization. To ...

Credit Risk Manager

Minneapolis, MN · On-site

$133K - $156K/yr

Helping the customers and businesses we serve to make better and smarter financial decisions and ... Provides credit risk analytics support for the Wholesale Commercial portfolios, including the ...

Helping the customers and businesses we serve to make better and smarter financial decisions and ... Provides credit risk analytics support for the Wholesale Commercial portfolios, including the ...

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Showing results 1-20

Financial Risk Manager information

See Minnesota salary details

$50.4K

$109.3K

$166.5K

How much do financial risk manager jobs pay per year?

As of Jul 22, 2026, the average yearly pay for financial risk manager in Minnesota is $109,259.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,100.00 and $126,300.00 per year, depending on experience, location, and employer.

What are some common challenges Financial Risk Managers face when working with cross-functional teams?

Financial Risk Managers often collaborate with departments such as treasury, compliance, and IT to identify and mitigate risks. One common challenge is aligning risk management strategies with diverse departmental goals, which may sometimes conflict with each other. Effective communication and negotiation skills are essential to ensure all stakeholders understand the risk implications of their decisions. Additionally, adapting to rapidly changing regulations and market conditions can create pressure to quickly update risk models and processes.

What is the difference between Financial Risk Manager vs Credit Analyst?

AspectFinancial Risk ManagerCredit Analyst
CertificationsFRM, CFAFitch, CFA
Work EnvironmentFinancial institutions, banks, investment firmsBanks, lending institutions, credit agencies
Primary FocusAssessing and managing overall financial risksEvaluating creditworthiness of borrowers
Industry UsageRisk management departments, trading floorsLoan departments, credit risk units

While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.

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

To thrive as a Financial Risk Manager, you need a strong background in finance, quantitative analysis, and risk assessment, typically supported by a relevant degree and certifications like FRM or CFA. Expertise in risk modeling software, statistical tools such as SAS or R, and financial reporting systems is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are crucial for accurately identifying, assessing, and mitigating financial risks to protect organizational assets and ensure regulatory compliance.

What does a Financial Risk Manager do?

A Financial Risk Manager (FRM) is responsible for identifying, analyzing, and mitigating financial risks within an organization. Their work involves assessing threats related to credit, market, operational, and liquidity risk, and developing strategies to minimize potential losses. FRMs use quantitative analysis, financial modeling, and risk assessment tools to advise decision-makers on risk exposures. They play a vital role in ensuring that a company remains compliant with financial regulations and maintains financial stability.
What are popular job titles related to Financial Risk Manager jobs in Minnesota? For Financial Risk Manager jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Minnesota look for? The top searched job categories for Financial Risk Manager jobs in Minnesota are:
What cities in Minnesota are hiring for Financial Risk Manager jobs? Cities in Minnesota with the most Financial Risk Manager job openings:
Infographic showing various Financial Risk Manager job openings in Minnesota as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $109,259 per year, or $52.5 per hour.
Technology Risk Manager

Technology Risk Manager

Ameriprise Financial

Minneapolis, MN • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 2 hours ago


Ameriprise rating

7.8

Company rating: 7.8 out of 10

Based on 127 frontline employees who took The Breakroom Quiz

97th 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

Within the Technology Risk Office (TRO), the Technology Risk Manager will execute and monitor the Technology operating model to ensure it reliably meets enterprise information technology needs and applicable regulatory expectations. This role partners closely with Technology, Business, Risk, Compliance, and Audit teams to implement and sustain an integrated risk management framework that drives strong technology performance while meeting governance, control, and compliance requirements.
The role operates within the First Line of Defense and is accountable for embedding risk management practices into day-to-day technology activities, supporting operational resilience, regulatory readiness, and sound risk decision making.

Key Responsibilities

  • Execute and maintain the Technology operating model in alignment with enterprise Operational Risk Management (ORM) minimum standards and regulatory expectations, partnering with Technology leaders and business stakeholders to deploy, manage, and govern the Technology Risk Management Program, including Governance and Oversight, RCSA, Risk Events, Risk of Change, and Operational Soundness activities (process reviews and control testing).

  • Promote effective risk identification, assessment, mitigation, and monitoring across Technology processes.

  • Engage with Technology, Risk, Compliance, and Audit partners to ensure risks are transparently communicated and appropriately managed.

  • Support and participate, under the direction of senior Technology Risk leadership, in regulatory examinations and ongoing supervisory engagement, including:

    • Federal Reserve quarterly meetings

    • OCC IT examinations

    • FINRA and SEC readiness assessments

  • Coordinate and support responses to Internal Audit reviews and industry audits, including, SOC 2, ISAE, and similar assessments.

  • Track and report on Technology risk issues, remediation plans, and control effectiveness using established governance and reporting forums.

  • Contribute to continuous improvement of risk processes, tooling, and operating practices within the Technology organization.

  • Build strong working relationships with Technology teams by explaining risk and control expectations in clear, practical terms and helping them achieve highquality outcomes.

  • Look for practical ways to improve how risk work gets done, including clearer documentation, better use of tools, and more efficient reporting.

  • This is an individual contributor role with responsibility for owning and delivering assigned risk activities.

Required Qualifications

  • Experience in public accounting, consulting or internal audit.

  • Broad information technology experience.

  • Relevant experience in technology risk, operational risk, IT controls, or related fields.

  • Strong understanding of controls within a technology environment, including design and operational effectiveness.

Preferred Qualifications

  • Proven ability to operate effectively in ambiguous, dynamic, and evolving environments.

  • Demonstrated ability to manage multiple priorities, meet deadlines, and balance competing demands.

  • Experience building and sustaining collaborative relationships across diverse stakeholder groups.

  • High attention to detail with strong organizational skills.

  • Solid analytical, critical thinking, and decisionmaking capabilities.

  • Strong verbal and written communication skills, including the ability to communicate risk concepts to both technical and nontechnical audiences.

  • Financial services experience strongly preferred, particularly within Asset Management, Brokerage, Insurance, or Annuities.

  • Experience with ServiceNow IRM/GRC or similar risk management platforms.

  • In depth knowledge of SOC2, SOX

  • Knowledge of industry standard frameworks and regulatory guidance, such as:

    • COBIT, ITIL, NIST

    • Regulatory bodies and guidance including FFIEC, FCA, or equivalent

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).

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.

Base Pay Salary

The estimated base salary for this role is $112,000 - $137,000 / 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 insurance.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Technology

Line of Business

TECH Technology

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.


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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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