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Financial Risk Manager Jobs in Minnesota (NOW HIRING)

D.W. Simpson

Director, Actuary - Hybrid

Minneapolis, MN · On-site

$117/hr

Growing Life client is seeking a Director - Actuary, with a focus on financial risk management and capital management. Responsibilities include building new asset and liability valuation models ...

Old National Bank

Wealth Risk Officer

Waconia, MN

$60K - $121.30K/yr

Wealth Risk Officer Job Locations US-MN-Waconia Category/Function Trust/Wealth Management Position ... management, business administration, accounting, finance or retail banking. * Awareness or ...

Old National Bank

Wealth Risk Officer

Waconia, MN · On-site

$60K - $121.30K/yr

We are currently seeking a Wealth Risk Officer that will work within Wealth Management to ensure ... management, business administration, accounting, finance or retail banking. * Awareness or ...

Old National Bank

Wealth Risk Officer

Waconia, MN

$60K - $121.30K/yr

We are currently seeking a Wealth Risk Officer that will work within Wealth Management to ensure ... management, business administration, accounting, finance or retail banking. * Awareness or ...

Robert Half

CFO - Chief Financial Officer

Saint Paul, MN · On-site

$118.75 - $137.50/hr

... financial risk. • Partner with senior leaders to translate financial data into actionable ... management, and debt-related financial strategy. • Experience preparing and presenting board ...

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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 May 30, 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 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 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 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 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 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:
Financial Risk Manager jobs near you
Director, Actuary - Hybrid

Director, Actuary - Hybrid

D.W. Simpson

Minneapolis, MN • On-site

$117/hr

Full-time

Posted 21 days ago

Job description

Job Description
Looking for a step up? This is a perfect opportunity to move up to the next level. Growing Life client is seeking a Director - Actuary, with a focus on financial risk management and capital management. Responsibilities include building new asset and liability valuation models, performing financial risk reporting, and utilizing artificial intelligence tools & resources. The ideal candidate will be an FSA with 11+ years of actuarial experience, including previous experience managing teams. (#58031)
Compensation:
  • Salary range of $117-234K
Location:
  • Minneapolis, MN / Hybrid

Meet Your Recruiter
Arturo Aguilera
Director, Social Media & Marketing
Arturo joined DW Simpson in 2017 and is currently the Social Media Specialist. He is in charge of running and maintaining DW Simpson's social media presence, increasing brand awareness and improving marketing efforts.
Arturo attended Columbia College Chicago where he graduated with a BFA in Advertising Art Direction. He enjoys attending concerts, dive bars, and art museums.
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  • arturo.aguilera@dwsimpson.com
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About DW Simpson

Sourced by ZipRecruiter

We have offices all over the United States and place professionals globally. Our expertise includes property & casualty, life, health, pension, and increasingly non-traditional areas such as risk management, catastrophe modeling, predictive modeling, financial modeling, and data analytics. Mission Our mission is to be the premier executive recruiting firm specializing in the placement of actuaries and analytics professionals; to be recognized for the best service, integrity and forthrightness that the firm brings to each business relationship; and to be willing at all times to sacrifice short-term gain for the long-term good and prosperity of our clients, our candidates and, as a result, our organization as well. Diversity, Equity, and Inclusion Statement We are dedicated to hiring and retaining diverse talent and ensuring that we treat everyone with respect and support. We embrace diversity and strive to create conditions that provide everyone with an equal opportunity to thrive. Our employment practices will not be influenced or affected by an applicant’s or employee’s race, color, religion, gender, sexual orientation, gender identity, disability, pregnancy, national origin, marital status, genetic information, age, veteran status, or any other characteristic protected under applicable federal, state, or local laws.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

Chicago, IL, US

Year founded

1989

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