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

Develops the project controls and procedures to manage complex project requirements; takes ownership to mitigate high-risk items for contract requirements * Manages project financial forecast, notice ...

... risk mitigation processes to manage contract requirements * Establishes and monitors change management process and project financial forecast to meet contract requirements * Creates and manages a ...

Part Sales Manager - Full Time

Rochester, MN · On-site

$16.05 - $17.17/hr

Safety & Compliance - Enforce PPE use, promote risk management practices, and uphold company safety ... financial well-being. All AutoZoners (Full-Time and Part-Time): * Competitive pay * Unrivaled ...

The ideal candidate bridges the gap between hospital financial executives, clinical documentation ... Project work has high to very high risk and risk interdependencies, multiple interrelationships ...

The ideal candidate bridges the gap between hospital financial executives, clinical documentation ... Project work has high to very high risk and risk interdependencies, multiple interrelationships ...

Working knowledge of risk assessment and risk management techniques. * Excellent analytical ... Potential for formulary incentive plan, based on financial results. Benefits: Full suite of ...

Insurance Producer

Rochester, MN · On-site

$24.03 - $28.84/hr

Working knowledge of risk assessment and risk management techniques. * Excellent analytical ... Potential for formulary incentive plan, based on financial results. Benefits: Full suite of ...

Insurance Producer

Rochester, MN · On-site

$24.03 - $28.84/hr

Working knowledge of risk assessment and risk management techniques. * Excellent analytical ... Potential for formulary incentive plan, based on financial results. Benefits: Full suite of ...

Insurance Producer

Rochester, MN · On-site

$24.03 - $28.84/hr

Working knowledge of risk assessment and risk management techniques. * Excellent analytical ... Potential for formulary incentive plan, based on financial results. Benefits: Full suite of ...

Insurance Producer

Rochester, MN · On-site

$24.03 - $28.84/hr

Working knowledge of risk assessment and risk management techniques. * Excellent analytical ... Potential for formulary incentive plan, based on financial results. Benefits: Full suite of ...

Insurance Producer

Rochester, MN · On-site

$24.03 - $28.84/hr

Working knowledge of risk assessment and risk management techniques. * Excellent analytical ... Potential for formulary incentive plan, based on financial results. Benefits: Full suite of ...

Showing results 41-60

Financial Risk Manager information

See Rochester, MN salary details

$52.3K

$113.4K

$172.8K

How much do financial risk manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for financial risk manager in Rochester, MN is $113,396.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,500.00 and $131,100.00 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.

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 Financial Risk Manager (FRM) designation. The role often demands analytical skills, experience with risk assessment tools, and a good understanding of financial markets, making it a challenging but attainable career path for those with the right education and skills.

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?

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.

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 salaries often range from $80,000 to over $150,000, with higher earnings possible for senior roles and those with professional certifications like FRM or CFA.

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.

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, and typically involves a demanding schedule with high responsibility.
What cities near Rochester, MN are hiring for Financial Risk Manager jobs? Cities near Rochester, MN with the most Financial Risk Manager job openings:

Senior Project Manager

Gilbane, Inc.

Rochester, MN • On-site

Full-time

Medical, Retirement

Re-posted 29 days ago


Gilbane rating

7.4

Company rating: 7.4 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

Do you consider yourself to be a highly technical, strong communicator with the desire to work in a team environment on complex projects? Gilbane is seeking a Senior Project Manager to serve as the on-site Gilbane manager, responsible for the overall direction, completion, and financial outcome of a large or complex construction project, or multiple small projects. This role will sit primarily on the job site, with occasional travel to the office for trainings, meetings, etc. 

Who are we?  

As a Top-10 ENR Contractor, Gilbane is a family-owned business with 45 offices that has been shaping communities since 1870. Consistently recognized as one of the most reputable construction management firms in the country, Gilbane is committed to delivering projects safely and on-time. You will have the opportunity to build schools, labs, hospitals, corporate offices, sports arenas and more! 

We are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

Who are you? 

You are a coach/leader who leads with an inclusive and empathetic mindset. You provide feedback and guidance to help others excel in their current or future roles. You determine priorities, delegate work, and effectively communicate progress. You establish measures to assess the impact, quality, and timeliness of results while praising successes and sharing lessons learned. You build high performing teams by attracting, engaging, developing, and retaining talented individuals through motivation and discipline to maximize impact on the organization and the individual.  

You leverage business insights by understanding industry trends, local market/economic conditions, and Gilbane’s business model to make critical decisions and create competitive advantage. You deploy a strategic mindset when considering solutions to long-term opportunities and risks that may develop in the future.  

Your core values match Gilbane’s: Integrity, Caring, Teamwork, Toughmindedness, Dedication to Excellence, Discipline, Loyalty, and Entrepreneurship. 

What’s in it for you?  

Gilbane offers employees multi-dimensional training opportunities through a number of resources. While managing your responsibilities to the project, you will be able to enroll in trainings through our award-winning Gilbane University to build leadership and technical skills. In addition, you will work with an experienced team on each job site which provides you with opportunity to learn new industry skills every day. You will protect and promote the interests of both Gilbane and the client in all matters as well as demonstrating the personal characteristics of a developing leader.  


  • Develops the project safety plan with corporate safety and provides jobsite leadership
  • Develops the project controls and procedures to manage complex project requirements; takes ownership to mitigate high-risk items for contract requirements
  • Manages project financial forecast, notice provisions, and billings to meet contract requirements; takes corrective actions to address deviations noted in project vitals
  • Creates and manages a project-specific quality plan aligned with the Owner contract and contract documents and assists with execution
  • Creates and manages a closeout plan in alignment with the contract documents and assists with execution
  • Provides leadership in motivating the project team and maintains a positive work environment. This shall include direct supervision of work, project administration, project superintendents, and engineers to establish operational priorities.
  • Develops the subcontracting strategy; reviews and writes scopes and other deliverables to ensure the integrity of the buyout process
  • Implements and enforces all aspects of contracts; creates and leads risk mitigation plan; prepares draft contracts, agreements, and purchase orders
  • Assumes accountability for the enrollment for insurance and bonds and manages the compliance process for trade contractors
  • Leads the development of the project estimate and manages the project team and estimating team to meet contractual obligations
  • Leads project constructability and coordination reviews
  • Creates CPM schedule for large and/or complex projects; accountable for recognizing the potential for schedule impacts and drafting prevention/ mitigation plans
  • Develops a basic understanding of the local market areas and profiles to create and lead a networking strategy
  • Collaborates closely with business development to ensure seamless integration with sales strategies including performance metrics on your assigned projects, pursuits, and client deliverables. Actively participates in opportunities to strengthen client, partner, and industry relationships that position Gilbane as the “Builder of Choice”
  • Responsible for the career development and coaching of team members
  • Fosters a positive and inclusive work environment to motivate and engage team members
  • Interprets and translates the organizational strategy, ensuring team understanding of their role in accomplishing strategic goals

EXPERIENCE/EDUCATION

  • Bachelor’s or Master’s degree in Engineering or Construction Management
  • 8-12 years of experience
  • Or equivalent combination of education and experience

KNOWLEDGE, SKILLS & ABILITIES

  • Strong technical and communication skills are critical
  • Ability to work in a team environment
  • Knowledge of industry standard software, Microsoft Office (preferred)

Salary to be determined based on factors such as geographic location, skills, education, and/or experience of the applicant, as well as the internal equity and alignment with the team.

For Minnesota, this ranges from $138,000 - $180,000 plus benefits and retirement program.

Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan. We invest in our employees’ education and have built Gilbane University into a top training organization in the construction industry. Qualified applicants who are offered a position must pass a pre-employment substance abuse test.

Gilbane is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, color, national origin, race, religion, sex, sexual orientation, gender identity, protected veteran status, or disability status.

Note to Recruiters, Placement Agencies, and Similar Organizations: Gilbane does not accept unsolicited resumes from agencies. Please do not forward unsolicited agency resumes to our jobs alias, website, or to any Gilbane employee. Gilbane will not pay fees to any third party agency or firm and will not be responsible for any agency fees associated with unsolicited resumes. Unsolicited resumes received will be considered property of Gilbane and will be processed accordingly. 


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