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Financial Risk Manager Jobs in Minneapolis, MN (NOW HIRING)

Clinical Risk Nurse

Blaine, MN · On-site +1

$90K - $120K/yr

Track, analyze, and report identified and realized claim savings, providing insights and recommendations to support organizational risk management and financial objectives Requirements WHAT YOU'LL ...

... risk and control management, while also being task oriented and capable of meeting the tight ... Act as SME for SAP application controls in external audits (e.g.financial,SOX, regulatory) * Lead ...

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Financial Risk Manager information

See Minneapolis, MN salary details

$53.8K

$116.4K

$177.4K

How much do financial risk manager jobs pay per year?

As of Sep 3, 2026, the average yearly pay for financial risk manager in Minneapolis, MN is $116,442.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,900.00 and $134,600.00 per year, depending on experience, location, and employer.

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 the key skills and qualifications needed to thrive as a financial risk manager?

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 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.

Do financial risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, median annual pay often exceeds $100,000, with senior roles and certifications like FRM or CFA increasing earning potential. They also benefit from bonuses and other incentives based on performance and risk management success.

Is it hard to become a financial risk manager?

Becoming a financial risk manager typically requires a strong background in finance, economics, or related fields, along with relevant certifications such as the FRM or CFA. The role involves developing analytical skills, understanding financial models, and often gaining experience in risk analysis or financial analysis, which can take several years of education and work experience to achieve.

Is risk management in finance a good career?

A career as a financial risk manager involves analyzing and mitigating financial risks for organizations, often requiring strong analytical skills, knowledge of financial instruments, and certifications like FRM or CFA. It offers opportunities in banking, investment firms, and corporations, with a focus on quantitative analysis and regulatory compliance. The role can be rewarding for those interested in finance and risk assessment, with a stable job outlook and competitive salary potential.

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

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

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

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

What cities near Minneapolis, MN are hiring for Financial Risk Manager jobs?

Cities near Minneapolis, MN with the most Financial Risk Manager job openings:

Infographic showing various Financial Risk Manager job openings in Minneapolis, MN as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $116,442 per year, or $56 per hour.

Senior Lead Operational Risk Officer (Finance & Financial Reporting Risk Oversight)

Wells Fargo

Minneapolis, MN • On-site

Full-time

Medical, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Wells Fargo rating

7.8

Company rating: 7.8 out of 10

Based on 713 frontline employees who took The Breakroom Quiz

88th of 174 rated banks


Job description

About this role:

Wells Fargo is seeking a Senior Lead Operational Risk Officer within the Finance & Financial Reporting Risk Oversight (FFRRO) team under Operational Risk Management Team (ORM). This position is responsible for delivering on FFRRO oversight responsibilities specifically focused on Corporate & Investment Banking Controllership activities. This includes Independent Price Verification, Corporate Investment Banking (CIB) Accounting, and CIB Product Control.


In this role, you will:

  • Provide independent oversight and assessment of the Corporate Investment Banking (CIB) Controllers function across all aspects of the risk management lifecycle, including risk planning, identification, assessment, control execution, monitoring, and reporting.
  • Develop and communicate a clear, business-centric view of operational risks and control effectiveness, leveraging knowledge of the CIB Controllers organization and its operating environment.
  • Advise and challenge risk-related decisions involving risk-acceptance, new products, strategic initiatives, and significant business changes to ensure risks are appropriately identified, assessed, and managed.
  • Partner with CIB Controllers and other stakeholders to strengthen risk management practices, promote accountability, and support the effective execution of change initiatives.
  • Participate in governance routines and leadership forums to provide independent risk perspectives, assess the implications of business decisions, and recommend effective risk management alternatives.
  • Analyze risk data, trends, and emerging issues to identify opportunities, best practices, and areas requiring additional oversight or challenge.
  • Coordinate across Independent Risk Management and other lines of defense to ensure consistent oversight, effective escalation, and alignment of risk priorities across risk types and business activities.
  • Lead strategic projects and initiatives while coaching and mentoring less experienced team members to enhance organizational effectiveness and risk management capabilities.

Required Qualifications:

  • 7+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education


Desired Qualifications:

  • Big 4 public accounting, financial markets, banking experience.
  • CPA or CIA preferred.
  • 7+ years of experience managing risk (including audit, compliance, or product control experience).
  • Understanding of Finance functions and operations including accounting, treasury and regulatory reporting.
  • Practical experience working with product control or middle-office/back-office functions is a plus (financial markets, derivatives, traded products, broker-dealer operations, and hedging).
  • Strong executive communication skills, in both written and verbal formats. Sound project management experience with the ability to rationalize operations to drive efficient, sustainable, and effective outcomes.
  • Meaningful knowledge of risk management frameworks and methodology. This includes risk identification, risk appetite and strategy, processes and controls, risk analytics and governance, monitoring routines, and risk management programs.
  • Proven leadership skills to influence change and drive alignment across all levels of stakeholders to develop and deliver repeatable end-to-end risk management solutions.
  • Strong strategic and conceptual thinking skills. Exceptional data and analytical skills with high attention to detail and accuracy.
  • Robust Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.
  • Experience utilizing Artificial intelligence tools and prompts to efficiently deliver accurate and value-oriented results.
  • Ability to work effectively in a team environment and across the organization; where flexibility, collaboration and adaptability are important.
  • Proven ability to directly engage with business partners to assess processes, risks, and control activities against risk appetite.


Job Expectations:

  • This position does not offer sponsorship

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$159,000.00 - $279,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. VisitBenefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

27 Aug 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visitDisability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.


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About Wells Fargo

Sourced by ZipRecruiter

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune's 2022 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

San Francisco, CA, US

Year founded

1852

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