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Legal Risk Manager Jobs in Minnesota (NOW HIRING)

As our new Third Party Risk Analyst , you will play a critical role in protecting Anaplan by managing the risks associated with our third-party suppliers and reporting to our legal team. You will be ...

Construction Counsel

Chaska, MN · On-site

$125K - $145K/yr

Summary The Construction Counsel serves as a key legal partner to project teams and leadership, providing practical, business-oriented advice on contracts, risk management, and dispute resolution.

Third Party Risk Analyst

Minneapolis, MN · On-site

$78K - $112K/yr

As our new Third Party Risk Analyst , you will play a critical role in protecting Anaplan by managing the risks associated with our third-party suppliers and reporting to our legal team. You will be ...

Senior Counsel, Commercial Banking

Tower, MN

$116K - $158K/yr

Oversees legal research, analysis, consultation, and documentation within a framework of legal compliance and risk management. * Responsible for managing the expense for outside counsel relationships ...

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Showing results 1-20

Legal Risk Manager information

See Minnesota salary details

$35.7K

$86K

$131.7K

How much do legal risk manager jobs pay per year?

As of Jun 28, 2026, the average yearly pay for legal risk manager in Minnesota is $85,956.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,100.00 and $99,400.00 per year, depending on experience, location, and employer.

What does a legal risk manager do?

A legal risk manager identifies, assesses, and mitigates legal risks that could impact an organization. They review contracts, ensure compliance with laws and regulations, and develop policies to reduce legal exposure, often working closely with legal teams and using risk management tools. Their role helps prevent legal issues and supports the organization’s overall legal health.

How does a Legal Risk Manager typically collaborate with other departments within an organization?

A Legal Risk Manager works closely with departments such as compliance, finance, operations, and human resources to identify and address potential legal risks. This collaboration often involves reviewing contracts, advising on regulatory requirements, and providing training to staff on risk mitigation. Regular meetings and cross-functional projects are common, ensuring that legal risks are integrated into broader business decisions and strategies. By maintaining open communication channels, Legal Risk Managers help foster a culture of compliance and proactive risk management throughout the organization.

What is the highest salary for a risk manager?

The highest salary for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations. Senior risk managers or directors in financial services or corporate sectors tend to earn the highest compensation packages.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and oversight of enterprise-wide risk strategies in large organizations.

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

To excel as a Legal Risk Manager, you need a solid understanding of legal frameworks, risk assessment, and regulatory compliance, often supported by a law degree or certifications such as Certified Risk Manager (CRM). Familiarity with risk management software, legal research tools, and compliance monitoring systems is typically required. Strong analytical thinking, attention to detail, and persuasive communication are crucial soft skills for identifying risk and advising stakeholders. These competencies ensure that organizations can proactively manage legal exposure, maintain compliance, and support sound decision-making.

What is the highest paid legal job?

The highest paid legal jobs are typically senior roles such as law firm partners, general counsels, or chief legal officers, with salaries often exceeding several hundred thousand dollars annually. These positions require extensive experience, leadership skills, and often a background in corporate law or specialized legal fields. Compensation varies based on industry, company size, and geographic location.

What is the difference between Legal Risk Manager vs Compliance Officer?

AspectLegal Risk ManagerCompliance Officer
Required CredentialsLaw degree, legal certifications, risk management certificationsLegal or regulatory certifications, compliance training
Work EnvironmentLegal departments, risk management teams, corporate officesRegulatory agencies, corporate compliance departments
Employer & Industry UsageFinancial, healthcare, corporate sectorsFinancial, healthcare, manufacturing, and other regulated industries
Common Search & Comparison IntentUnderstanding legal risk roles, legal expertise in risk managementEnsuring regulatory compliance, risk mitigation strategies

The Legal Risk Manager focuses on identifying and mitigating legal risks within an organization, often requiring legal qualifications and working closely with legal teams. The Compliance Officer primarily ensures that the company adheres to laws and regulations, often with compliance certifications. Both roles are vital in regulated industries and share overlapping skills, but their core focus differs: legal risk management versus regulatory compliance.

What are popular job titles related to Legal Risk Manager jobs in Minnesota? For Legal Risk Manager jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Legal Risk Manager jobs in Minnesota look for? The top searched job categories for Legal Risk Manager jobs in Minnesota are:
What cities in Minnesota are hiring for Legal Risk Manager jobs? Cities in Minnesota with the most Legal Risk Manager job openings:
Infographic showing various Legal Risk Manager job openings in Minnesota as of June 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $85,956 per year, or $41.3 per hour.
Director-Risk Management

Director-Risk Management

Ameriprise Financial

Minneapolis, MN • On-site

$131K - $180K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 13 days ago


Ameriprise rating

7.9

Company rating: 7.9 out of 10

Based on 119 frontline employees who took The Breakroom Quiz

55th of 139 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
Lead, execute, and continuously enhance the first Line of Defense (LOD) risk management program for the Service & Operations (S&O) organization, with a focus on Trading, Regulatory Reporting, and Operations control functions within a clearing broker-dealer. Ensure alignment with the enterprise risk framework, including oversight of regulatory, operational, financial, and compliance risks. Drive risk-based decision-making, maintain regulatory adherence, and ensure effective control design and execution. Serve as a key liaison across business lines and second and third Lines of Defense (Compliance, Risk, Legal, Internal Audit), while providing leadership, guidance, and coaching. The position will be available to candidates in Minneapolis MN and Charlotte NC.
Key Responsibilities
  • Provide direct oversight of risk and control functions across Trading (Equities, Options, Fixed Income, Managed Accounts) and Operations to ensure controls are designed and operating effectively to mitigate operational, financial, and regulatory risk
  • Execute and supervise key trading and operational controls, including:
    - Counterparty risk reviews
    - Mark-up/mark-down practices
    - Execution quality monitoring
    - Trading-related supervisory controls
  • Oversee regulatory reporting and control functions, including:
    - Consolidated Audit Trail (CAT)
    - TRACE and MSRB transaction reporting
    - Trading activity fees
    - General ledger reconciliations
  • Monitor and evaluate regulatory developments impacting clearing and introducing broker-dealers and assess business impact
  • Act as a primary liaison with Trading, Operations, Internal Audit, Compliance, Legal, and regulators, including participation in industry advocacy efforts
  • Identify control gaps and deficiencies, assess risk exposure and materiality, and implement cost-effective remediation strategies
  • Promote continuous improvement and a strong risk awareness culture across the organization
  • Lead and develop a team of risk professionals, including performance management, coaching, mentoring, and career development
  • Foster a culture of accountability, risk awareness, and continuous improvement

Required Qualifications
  • Bachelor's degree or equivalent experience
  • 10+ years of financial services experience with a focus on risk management, controls, and broker-dealer operations
  • Active FINRA Series 7 and Series 24 licenses
  • FINRA Series 53 (or ability to obtain within 120 days)
  • Strong knowledge of clearing broker-dealer regulations, equity and fixed income trading processes, and regulatory reporting frameworks (e.g., TRACE, CAT, MSRB)
  • Experience with risk programs (RCSA, issue management, change management)
  • Experience with regulatory exams, audits, and supervisory controls
  • Proven ability to influence and collaborate across business lines and external stakeholders
  • Prior team leadership experience

Preferred Qualifications
  • Experience with financial and regulatory reporting
  • Knowledge of Operations Control functions (e.g., customer protection, break/fail monitoring)
  • Experience with advisory products
  • Background in trading or operations risk environments
  • Experience with treasury and regulatory reporting

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 $131,000 - $180,100 a 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 insurances.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Business Support & Operations
Line of Business
CLEAR Clearing
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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