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Operational Risk Manager Jobs in Hastings, MN (NOW HIRING)

... risk management system to support compliance efforts. What's Needed? * 4+ years of experience in Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, or related fields, demonstrated ...

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Operational Risk Manager information

See Hastings, MN salary details

$47.9K

$123K

$241.5K

How much do operational risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for operational risk manager in Hastings, MN is $123,016.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,900.00 and $162,000.00 per year, depending on experience, location, and employer.

What does an operational risk manager do?

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

What are the key skills and qualifications needed to thrive as an operational risk manager, and why are they important?

To thrive as an Operational Risk Manager, you need a solid understanding of risk assessment, regulatory compliance, and internal controls, typically supported by a degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (governance, risk, and compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These competencies are crucial for identifying, mitigating, and communicating operational risks, ensuring organizational stability and regulatory adherence.

What are some common challenges faced by operational risk managers in maintaining effective risk controls across different departments?

Operational Risk Managers often encounter challenges in ensuring consistent risk controls due to varying processes, priorities, and risk appetites across departments. Communication gaps and resistance to change can make it difficult to implement standardized procedures. Successfully overcoming these challenges involves building strong cross-functional relationships, conducting regular training, and fostering a risk-aware culture to ensure alignment on risk management practices throughout the organization.

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

AspectOperational Risk ManagerRisk Analyst
CertificationsCFA, FRM, or similarCFA, FRM, or similar
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial firms, consulting, corporate risk teams
ResponsibilitiesIdentify, assess, and mitigate operational risks; develop risk frameworksAnalyze risk data, support risk assessments, prepare reports

The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

What cities near Hastings, MN are hiring for Operational Risk Manager jobs?

Cities near Hastings, MN with the most Operational Risk Manager job openings:

Infographic showing various Operational Risk Manager job openings in Hastings, MN as of August 2026, with employment types broken down into 81% Full Time, 17% Part Time, and 2% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $123,016 per year, or $59.1 per hour.

Business Line Risk Manager - Finance and Enabling Functions

Minneapolis, MN • On-site

U.S. Bank
Banking and Credit Intermediation • 10K+ employees

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 2 days ago. Applications are no longer accepted.


U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

67th of 176 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
This position will provide support to Corporate Real Estate and Procurement within the Enterprise Strategy & Administration business line, as well as Corporate Finance and Investor Relations within the Finance business line. Corporate Real Estate is responsible for managing a global portfolio with more than 3,000 facilities and 32 million square feet of branch, administrative and operational space and provides portfolio planning and management, transactions, design, construction and facilities management services. Procurement provides consultative sourcing, sourcing operations, contract services, and supplier management services and support. Corporate Finance supports the development of an accurate view of the company's financial performance and outlook for forecasting and planning purposes, considering a range of potential macroeconomic outcomes. Investor Relations is a strategic management function that focuses on effective communication between the company and the investment community, including shareholders, analysts, and potential investors.
U.S. Bank is seeking a highly effective and dynamic Business-Line Risk Manager to lead Corporate Functions risk oversight for ESA and Finance. This role will partner across the three lines of defense to drive consistent risk management practices, influence business decisions, and enhance the control environment across high-risk operational processes. Success will be measured through proactive risk identification and mitigation, sustainable control improvements, and strong cross-functional collaboration to mitigate regulatory and operational risk.
Position Highlights
Partner with the Business
  • Serve as the primary risk advisor for assigned ESA and Finance business units
  • Build strong relationships with business leaders to identify risks early and influence decisions
  • Translate complex risk topics into clear, actionable recommendations

Assess and Manage Risk:
  • Support risk assessments, control evaluation, and ongoing monitoring activities
  • Identify emerging risks related to business changes, strategic initiatives, and regulatory expectations
  • Ensure risks are documented and managed in alignment with enterprise frameworks

Support Governance and Oversight:
  • Contribute to risk governance routines, including reporting on key risk themes and trends
  • Promote consistency and discipline in risk management practices
  • Develop and deliver concise materials for leadership discussion

Enable Change and Transformation:
  • Provide risk guidance on transformation efforts, new initiatives, and process changes
  • Ensure early risk engagement to improve outcomes and reduce rework
  • Partner with cross-functional teams to assess impacts to risk and control environments

Strengthen Control Environment:
  • Support issue identification, root cause analysis, and remediation efforts
  • Challenge and validate corrective actions to ensure sustainable solutions
  • Collaborate with Audit, Compliance, and Risk partners to drive strong outcomes

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

Preferred Skills and Experience
  • Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
  • Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
  • Thorough knowledge of Risk/Compliance/Audit competencies
  • Strong analytical, process facilitation and project management skills
  • Effective presentation, interpersonal, written and verbal communication skills
  • Effective relationship building and negotiation skills
  • Basic technical aptitude with the ability to rapidly learn new technology, AI, platforms, concepts and trends
  • Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
  • Applicable professional certifications

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability 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 the E-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.

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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

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