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Operational Risk Analyst Jobs in Minnesota (NOW HIRING)

Affinity Plus

Enterprise Risk Analyst

Saint Paul, MN · On-site

Business Continuity and Insurance Support • Support business continuity and operational ... insurance analytics and risk transfer assessments. Minimum Qualifications and Skills Required ...

Affinity Plus

Enterprise Risk Analyst

Saint Paul, MN · On-site

Business Continuity and Insurance Support • Support business continuity and operational ... insurance analytics and risk transfer assessments. Minimum Qualifications and Skills Required ...

Mayo Clinic

Risk Analyst

Rochester, MN · On-site

$88.36K - $123.78K/yr

Responsible for enterprise business operations, including operational growth and development. Works collaboratively on multi-disciplinary workgroups and projects to synthesize, articulate, and ...

Mayo Clinic

Risk Analyst

Rochester, MN · On-site

The incumbent will support Risk Department business operations, special projects, investigations ... Must have technical and nontechnical communication skills (verbal and written), analytical aptitude ...

Mayo Clinic

Risk Analyst

Rochester, MN · On-site

The incumbent will support Risk Department business operations, special projects, investigations ... Must have technical and nontechnical communication skills (verbal and written), analytical aptitude ...

Ameriprise Financial

Investment Risk Analyst

Minneapolis, MN · On-site

$87.40K - $120.20K/yr

Monitor the integrity and accuracy of the data in the system, work with Technology and Operations ... Analyst), FRM (Financial Risk Manager), or PRM (Professional Risk Manager) are relevant though not ...

FAVARH

AVP Risk Employee Benefits

Minneota, MN

Individual will manage and coach a team of dedicated operational risk analysts focusing on risk identification, assessment, measuring and monitoring activities such as risk advisory, risk event ...

Ameriprise Financial

Sr. Risk Analyst

Minneapolis, MN · On-site

$76.30K - $104.90K/yr

Build and maintain Power Apps to support operational risk processes. * Create and manage Power ... Financial/analytical reporting skills, including proficiency in Microsoft Office and/or a Risk ...

Ameriprise Financial

Sr. Risk Analyst

Minneapolis, MN

$76.30K - $104.90K/yr

Build and maintain Power Apps to support operational risk processes. * Create and manage Power ... Financial/analytical reporting skills, including proficiency in Microsoft Office and/or a Risk ...

Anaplan

Third Party Risk Analyst

Minneapolis, MN · On-site

$78K - $112K/yr

... operations remain secure and resilient. This role requires a blend of analytical rigor, strong ... Risk Assessment & Due Diligence * Conduct comprehensive risk assessments of new and existing ...

Anaplan

Third Party Risk Analyst

Minneapolis, MN

As our new Third Party Risk Analyst , you will play a critical role in protecting Anaplan by ... operations remain secure and resilient. This role requires a blend of analytical rigor, strong ...

Anaplan

Third Party Risk Analyst

Minneapolis, MN

$78K - $112K/yr

... operations remain secure and resilient. This role requires a blend of analytical rigor, strong ... Risk Assessment & Due Diligence * Conduct comprehensive risk assessments of new and existing ...

DTN

Associate Weather Risk Analyst

Bloomington, MN

$40.50K - $54K/yr

From agriculture to energy to weather intelligence, our proprietary Operational Decisioning ... DTN is seeking an Associate Weather Risk Analyst to join our Weather Operations team in Bloomington ...

Anaplan

Third Party Risk Analyst

Minneapolis, MN · On-site

$78K - $112K/yr

... operations remain secure and resilient. This role requires a blend of analytical rigor, strong ... Risk Assessment & Due Diligence * Conduct comprehensive risk assessments of new and existing ...

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Operational Risk Analyst information

See Minnesota salary details

$38.2K

$84.1K

$151.8K

How much do operational risk analyst jobs pay per year?

As of May 28, 2026, the average yearly pay for operational risk analyst in Minnesota is $84,072.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,200.00 and $102,300.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Operational Risk Analyst, and why are they important?

To thrive as an Operational Risk Analyst, you need a solid background in risk management, data analysis, and business processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, governance frameworks, and systems like GRC (Governance, Risk, and Compliance) platforms or Excel is commonly required, and certifications such as FRM or CRM are advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you identify risks and collaborate with stakeholders across the organization. These skills ensure accurate risk identification and mitigation, safeguarding the organization's assets and reputation.

What are some common challenges faced by Operational Risk Analysts, and how can these be effectively managed?

Operational Risk Analysts often face challenges such as identifying emerging risks, effectively communicating findings to stakeholders, and ensuring compliance with evolving regulations. Managing these challenges involves staying up-to-date with industry best practices, developing strong analytical and communication skills, and collaborating closely with other departments like compliance, IT, and internal audit. Building robust risk assessment frameworks and fostering a culture of transparency within the organization are also key to success in this role.

What does an Operational Risk Analyst do?

An Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact a company's day-to-day business operations. They analyze processes, policies, and systems to detect potential operational failures or weaknesses. Their role often includes developing risk management strategies, monitoring risk indicators, and helping to ensure compliance with regulatory standards. They also work closely with other departments to implement best practices and improve overall risk awareness.

What is the difference between Operational Risk Analyst vs Credit Risk Analyst?

AspectOperational Risk AnalystCredit Risk Analyst
Required CredentialsBachelor's degree in finance, risk management, or related field; certifications like FRM or CRMBachelor's degree in finance, economics, or related; certifications like CFA or FRM
Work EnvironmentFinancial institutions, banks, insurance companies; focus on internal processesBanking, lending institutions; focus on borrower creditworthiness
Employer & Industry UsageUsed across banking, insurance, and investment firms for risk mitigationPrimarily in banking and lending sectors for credit assessment
Common Search & Comparison IntentUnderstanding risk management roles within financial firmsAssessing credit risk and loan approval processes

Operational Risk Analysts focus on internal processes and operational hazards within financial institutions, while Credit Risk Analysts evaluate the creditworthiness of borrowers. Both roles require similar credentials and are vital in risk management but serve different aspects of financial risk assessment.

What are popular job titles related to Operational Risk Analyst jobs in Minnesota? For Operational Risk Analyst jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in Minnesota look for? The top searched job categories for Operational Risk Analyst jobs in Minnesota are:
What are popular job titles related to Operational Risk Analyst jobs in MN? For Operational Risk Analyst jobs in MN, the most frequently searched job titles are:
Operational Risk Analyst jobs near you
Infographic showing various Operational Risk Analyst job openings in Minnesota as of May 2026, with employment types broken down into 2% As Needed, 83% Full Time, 10% Part Time, 3% Temporary, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $84,072 per year, or $40.4 per hour.
Operational Risk Review Lead Analyst

Operational Risk Review Lead Analyst

US Bank

Minneapolis, MN

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 344 frontline employees who took The Breakroom Quiz

38th of 141 rated banks

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

U.S. Bank is seeking an Operational Risk Review (ORR) Lead Analyst ("Lead Analyst") responsible for the execution of review activities within Independent Risk Review and Assessment (IRRA), a centralized second line of defense independent review function. This role offers an exciting opportunity to drive the continued growth, enhancement, and delivery of IRRA's operational risk review program.
ORR provides risk-based review and effective challenge of the Company's operational risk (inclusive of technology risk), and operational risk-related processes and controls associated with the products and services offered across all business lines and enabling functions. Based on the Company's enterprise risk taxonomy, in-scope operational risk categories include: Fraud, Operations, People, Security of Physical Assets, Third Party, Business Resiliency, Systems, Cyber/Information Security, Legal, Model, Conduct, Data Management, and Fiduciary. Objective risk mitigation, process, and control review activities include planning and scoping, design and execution, reporting and rating, and Issue creation and validation.
Key roles and responsibilities of the ORR Lead Analyst include working with business lines and other Risk, Compliance, and Audit professionals across the Company to evaluate processes and controls to ensure an effective risk management framework. The Lead Analyst is responsible for leading and executing projects and/or activities that confirm compliance with applicable federal, state and local laws and regulations, and is responsible for the identification of control and process weaknesses through review activities. If gaps are identified, the Lead Analysts will work with the ORR Manager to partner with the business line and Risk Management groups to recommend and influence solutions that mitigate operational risks. Further, the Lead Analyst is responsible for effective verbal and written communication of review results to the ORR Team Lead and/or Manager, and will respond to and/or escalate significant risks as appropriate.
The ORR Lead Analyst must demonstrate critical thinking, deliver effective project management, develop detailed and organized review materials, and engage in collaborative partnerships. While not a people manager, the Lead Analyst is responsible for coordination and oversight of review activities which may include coaching, feedback, etc., specific to the work completed by supporting Analysts.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than six years of applicable experience

Preferred Skills/Experience

- Advanced knowledge of operational risks, including but not limited to Fraud, People, Third Party, Legal, Model, and Conduct, as well as industry trends that impact Bank operations.

- Advanced Risk, Compliance, and Audit competencies.

- Advanced understanding of the business line's operations, products, services, systems, and associated risks.

- Strong business acumen and credibility to help business line(s) proactively identify and address risks.

- Strong process facilitation, project management, and analytical skills.

- Excellent presentation, interpersonal, written and verbal communication skills.

- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations.

- Applicable professional certifications (e.g., CRCM, CAMS, CPA, CIA, etc.) are preferred.

This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $105,400.00 - $124,000.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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