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Model Risk Management Jobs in Minneapolis, MN (NOW HIRING)

Supports model risk management for all Asset Liability Committee (ALCO)/pricing models, including contributing to individual model design and development, maintenance, documentation, and validations ...

Clinical Risk Nurse

Minneapolis, MN · On-site

$90K - $120K/yr

Develop and maintain clinical risk scoring models and reference tools to support consistent and ... Detail-oriented with strong organizational skills and the ability to manage multiple cases and ...

Enterprise Architect (IT)

Minnetonka, MN · On-site +1

$70.25 - $90.75/hr

Familiarity with technology risk management, operational resilience, data privacy, vendor governance, audit, or regulatory examination support. * Familiarity with AI governance, model risk ...

Enterprise Architect (IT)

Minnetonka, MN · On-site +1

$102K - $208K/yr

Familiarity with technology risk management, operational resilience, data privacy, vendor governance, audit, or regulatory examination support. * Familiarity with AI governance, model risk ...

Head of AI Delivery

Minneapolis, MN · On-site

$221K/yr

Strong knowledge of Responsible AI, model risk, governance, privacy, security, and regulatory ... Experience managing large, cross-functional teams across business, technology, and risk disciplines ...

Head of AI Delivery

Minneapolis, MN · On-site

$221K/yr

Strong knowledge of Responsible AI, model risk, governance, privacy, security, and regulatory ... Experience managing large, cross-functional teams across business, technology, and risk disciplines ...

New

... and model adjacent analytics; identify control gaps and recommend targeted enhancements. Drive ... Manage multiple assignments and priorities while meeting established deadlines. Basic ...

Head of AI Delivery

Minneapolis, MN · On-site

$221K/yr

Strong knowledge of Responsible AI, model risk, governance, privacy, security, and regulatory ... Experience managing large, cross-functional teams across business, technology, and risk disciplines ...

Showing results 41-60

Model Risk Management information

See Minneapolis, MN salary details

$38.1K

$85.9K

$144K

How much do model risk management jobs pay per year?

As of Aug 6, 2026, the average yearly pay for model risk management in Minneapolis, MN is $85,937.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,200.00 and $94,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in model risk management, and why are they important?

To excel in Model Risk Management, a professional needs a strong grounding in quantitative finance, statistics, and risk assessment, often backed by advanced degrees in relevant fields. Familiarity with technical tools such as Python, R, SAS, and model validation platforms, along with relevant certifications like FRM or CFA, is highly beneficial. Exceptional communication skills, attention to detail, and critical thinking help individuals stand out when interacting with model developers and risk committees. Mastery of these abilities ensures thorough risk analysis, regulatory compliance, and effective mitigation of financial model risks within the organization.

What are some common challenges faced by professionals in model risk management roles?

Professionals in Model Risk Management commonly encounter challenges such as evolving regulatory requirements, the complexity of advanced financial models, and ensuring effective communication between technical and non-technical stakeholders. Staying current with industry best practices while rigorously validating and documenting models can be demanding but is critical for reducing financial and operational risks. Team members often work cross-functionally, collaborating closely with quants, risk managers, and IT teams to evaluate model performance and implement improvements. Adapting to new analytical tools and maintaining a proactive approach to emerging risks will help you succeed and grow in this dynamic field.

What is a model risk management?

A Model Risk Management (MRM) job involves identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. Professionals in this role ensure models are accurate, reliable, and comply with regulatory requirements by conducting validation, testing, and performance monitoring. They work closely with model developers, risk teams, and auditors to manage model lifecycle processes. Strong quantitative, analytical, and regulatory knowledge are key skills for success in this field.

What are popular job titles related to Model Risk Management jobs in Minneapolis, MN? For Model Risk Management jobs in Minneapolis, MN, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Minneapolis, MN look for? The top searched job categories for Model Risk Management jobs in Minneapolis, MN are:
Infographic showing various Model Risk Management job openings in Minneapolis, MN as of August 2026, with employment types broken down into 79% Full Time, 14% Part Time, 1% Temporary, and 6% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $85,937 per year, or $41.3 per hour.

Director, Assistant General Counsel - Enterprise Risk Management, Litigation

3M

Maplewood, MN • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 5 days ago


3M rating

7.9

Company rating: 7.9 out of 10

Based on 243 frontline employees who took The Breakroom Quiz

159th of 536 rated manufacturers


Job description

Job Description:

Director, Assistant General Counsel - Enterprise Risk Management, Litigation

Collaborate with Innovative 3Mers Around the World
Choosing where to start and grow your career has a major impact on your professional and personal life, so it's equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.

This positionprovidesan opportunity to transition from other private, public,governmentor military experience to a 3M career.

The Impact You'll Make in this Role

The Director & Assistant General Counsel, Enterprise Risk Management (ERM), Litigation role is a senior legal position for an experienced litigator responsible for managing complex civil litigation matters on a fast-paced legal team. This individual will oversee and provide strategic legal guidance on cases involving environmental issues, product liability, property damage, attorney general investigations, consumer claims, and other significant litigation risks, helping the organization mitigate legal exposure and manage enterprise-wide risk. Here, you will make an impact by:

  • Strategically managing complex environmental and mass tort litigation, including supervising outside counsel and consultants
  • Proactively advising 3M business and Legal Affairs colleagues regarding litigation, and company risk
  • Contributing to the efficiency and effectiveness of the Enterprise Risk Management team

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

  • Bachelor's degree or higher (completed and verified prior to start).
  • Juris Doctor degree (completed and verified prior to start).
  • Ten (10) years of law firm and/or in-house litigation experience in a private, public, government or military environment.
  • Currently admitted to practice law in relevant jurisdictions or eligible to become so within 6 months.

Additional qualifications that could help you succeed even further in this role include:

  • Experience serving as in-house counsel.
  • Trial and appellate court experience in state and federal courts, in a private, public, government or military environment
  • Experience serving as national or coordinating counsel for significant litigation.
  • Experience with civil litigation, particularly mass torts, multidistrict litigations, product liability and environmental actions.
  • Experience managing or coordinating large teams.
  • Experience managing budgets.
  • Highly effective written and verbal communication skills, with an ability to communicate at all levels of the organization, including business leaders, department leaders, and director-level management.
  • Self-starter with the ability to triage and manage time-sensitive matters simultaneously and effectively.

Work location:

  • Remote - This position has the possibility for remote work for candidates located more than 50-miles from 3M Global Headquarters in Maplewood, MN. For candidates located within a commutable distance to Maplewood, MN, this rolefollows an on-site working model, requiring the employee to work at least four days a week at the 3M Center in Maplewood, MN.

Travel: May include up to Up to 15% domestic/international

Relocation Assistance: Is not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Responsibilities of this position may include direct and/or indirect physical or logical access to information, systems, technologies subjected to the regulations/compliance with U.S. Export Control Laws.

U.S. Export Control laws and U.S. Government Department of Defense contracts and sub-contracts impose certain restrictions on companies and their ability to share export-controlled and other technology and services with certain "non-U.S. persons" (persons who are not U.S. citizens or nationals, lawful permanent residents of the U.S., refugees, "Temporary Residents" (granted Amnesty or Special Agricultural Worker provisions), or persons granted asylum.

To comply with these laws, 3M must help assess candidates' U.S. person status.

The questions asked in this application are intended to assess this and will be used for evaluation purposes only. Failure to provide the necessary information in this regard will result in our inability to consider you further for this particular position.

Supporting Your Well-being

3M offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.

Chat with Max

For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on 3M.com/careers.

Applicable to US Applicants Only:The expected compensation range for this position is $287,281 - $351,122, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate's relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.Good Faith Posting Date Range 07/02/2026 To 08/01/2026 Or until filledAll US-based 3M full time employees will need to sign an employee agreement as a condition of employment with 3M. This agreement lays out key terms on using 3M Confidential Information and Trade Secrets. It also has provisions discussing conflicts of interest and how inventions are assigned. Employees that are Job Grade 7 or equivalent and above may also have obligations to not compete against 3M or solicit its employees or customers, both during their employment, and for a period after they leave 3M.Learn more about 3M's creative solutions to the world's problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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