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Operational Risk Analyst Jobs in Minnesota (NOW HIRING)

Samprasoft

Risk and Security Analyst Lv2

Hopkins, MN · On-site

Security Operations Center Analyst The Security Operations Center Analyst will work as part of a team at the tier one level to monitor and defend against cyber threats to the organization ...

Compeer Financial

Quantitative Analyst

Lakeville, MN · Hybrid

Applies advanced analytic methodologies within an integrated stress-testing framework, economic capital model (credit, market and operational risk), expected credit loss model, and scenario-based ...

Compeer Financial

Quantitative Analyst

Mankato, MN · Hybrid

Applies advanced analytic methodologies within an integrated stress-testing framework, economic capital model (credit, market and operational risk), expected credit loss model, and scenario-based ...

U.S. Bank

Business Risk Professional

Hopkins, MN · On-site

$92.82K - $109.20K/yr

Utilizes strong analytical, process facilitation, and project management skills to support sound ... operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures ...

Thrivent

Treasury Analyst

Minneapolis, MN · On-site +1

The Treasury Analyst manages the company's daily liquidity and cash operations by executing and ... operational risk. * Ensure compliance and controls: Adhere to all internal controls and external ...

TIAA

MD, Sr Market Risk Officer

Minneapolis, MN · On-site

$167K - $234K/yr

Leads in the development of complex market quantitative analysis, derivatives risk metrics and ... Champions solutions, improvements, and industry best practices to increase operational efficiency ...

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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.
Technology Risk Manager

Technology Risk Manager

Ameriprise Financial

Minneapolis, MN • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 5 days ago

Ameriprise rating

8.3

Company rating: 8.3 out of 10

Based on 111 frontline employees who took The Breakroom Quiz

37th of 138 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
Within the Technology Risk Office (TRO), the Technology Risk Manager will execute and monitor the Technology operating model to ensure it reliably meets enterprise information technology needs and applicable regulatory expectations. This role partners closely with Technology, Business, Risk, Compliance, and Audit teams to implement and sustain an integrated risk management framework that drives strong technology performance while meeting governance, control, and compliance requirements.
The role operates within the First Line of Defense and is accountable for embedding risk management practices into day-to-day technology activities, supporting operational resilience, regulatory readiness, and sound risk decision making.
Key Responsibilities
  • Execute and maintain the Technology operating model in alignment with enterprise Operational Risk Management (ORM) minimum standards and regulatory expectations, partnering with Technology leaders and business stakeholders to deploy, manage, and govern the Technology Risk Management Program, including Governance and Oversight, RCSA, Risk Events, Risk of Change, and Operational Soundness activities (process reviews and control testing).
  • Promote effective risk identification, assessment, mitigation, and monitoring across Technology processes.
  • Engage with Technology, Risk, Compliance, and Audit partners to ensure risks are transparently communicated and appropriately managed.
  • Support and participate, under the direction of senior Technology Risk leadership, in regulatory examinations and ongoing supervisory engagement, including:
    • Federal Reserve quarterly meetings
    • OCC IT examinations
    • FINRA and SEC readiness assessments
  • Coordinate and support responses to Internal Audit reviews and industry audits, including, SOC 2, ISAE, and similar assessments.
  • Track and report on Technology risk issues, remediation plans, and control effectiveness using established governance and reporting forums.
  • Contribute to continuous improvement of risk processes, tooling, and operating practices within the Technology organization.
  • Build strong working relationships with Technology teams by explaining risk and control expectations in clear, practical terms and helping them achieve high-quality outcomes.
  • Look for practical ways to improve how risk work gets done, including clearer documentation, better use of tools, and more efficient reporting.
  • This is an individual contributor role with responsibility for owning and delivering assigned risk activities.

Required Qualifications
  • Experience in public accounting, consulting or internal audit.
  • Broad information technology experience.
  • Relevant experience in technology risk, operational risk, IT controls, or related fields.
  • Strong understanding of controls within a technology environment, including design and operational effectiveness.

Preferred Qualifications
  • Proven ability to operate effectively in ambiguous, dynamic, and evolving environments.
  • Demonstrated ability to manage multiple priorities, meet deadlines, and balance competing demands.
  • Experience building and sustaining collaborative relationships across diverse stakeholder groups.
  • High attention to detail with strong organizational skills.
  • Solid analytical, critical thinking, and decision-making capabilities.
  • Strong verbal and written communication skills, including the ability to communicate risk concepts to both technical and non-technical audiences.
  • Financial services experience strongly preferred, particularly within Asset Management, Brokerage, Insurance, or Annuities.
  • Experience with ServiceNow IRM/GRC or similar risk management platforms.
  • In depth knowledge of SOC2, SOX
  • Knowledge of industry standard frameworks and regulatory guidance, such as:
    • COBIT, ITIL, NIST
    • Regulatory bodies and guidance including FFIEC, FCA, or equivalent

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 $112,000 - $137,000 / 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 insurance.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Technology
Line of Business
TECH Technology
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

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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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