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Operational Risk Jobs in Minnetonka, MN (NOW HIRING)

Cybersecurity Risk Manager

Minnetonka, MN · On-site +1

$70K - $140K/yr

Minimum of 5 years of experience in Audit, Compliance, Risk Management or Operational Risk. * In lieu of a Bachelor's degree 4 additional years of segment-specific or risk related experience may be ...

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

Business Risk Officer, Sr

Lake Elmo, MN · On-site

$81K - $165K/yr

Business Risk Officer, Sr Job Locations US-MN-Lake Elmo | US-MN-St Louis Park Category/Function Operations Position Type Regular Full-Time Requisition ID 2026-19674 Workplace Type On Site Overview ...

Business Risk Officer, Sr

Lake Elmo, MN · On-site

$81K - $165K/yr

The ideal candidate will bring deep expertise across Treasury Management, Payments, Lending, Fulfillment, Operations, and/or Servicing, with proven experience implementing first-line risk and control ...

Risk Manager

Bloomington, MN · Hybrid

$93K - $122K/yr

The position requires a detail-oriented professional who can effectively collaborate across functions-including HR, EHS, Finance, Legal, and Operations-to drive claim outcomes, manage risk, and ...

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Operational Risk information

See Minnetonka, MN salary details

$39.8K

$87.5K

$158K

How much do operational risk jobs pay per year?

As of Jun 13, 2026, the average yearly pay for operational risk in Minnetonka, MN is $87,522.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,800.00 and $106,500.00 per year, depending on experience, location, and employer.

How does an Operational Risk professional typically interact with other departments within an organization?

Operational Risk professionals work closely with a variety of teams, such as compliance, internal audit, IT, and business units, to identify and assess risks that could impact the organization's operations. They often facilitate risk assessments, lead training sessions on risk awareness, and collaborate on developing controls and mitigation strategies. Building strong relationships and communicating effectively across departments is essential, as much of the role involves influencing others and ensuring risk management practices are integrated into daily operations.

What is operational risk?

Operational risk refers to the potential for losses resulting from inadequate or failed internal processes, people, systems, or external events. Unlike credit or market risk, operational risk is related to the day-to-day operations of a business and can include issues such as fraud, system failures, natural disasters, or human error. Managing operational risk is essential for organizations to ensure business continuity, regulatory compliance, and to protect their reputation and assets.

What are the 4 operational risks?

Operational risk in a job context refers to the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events. The four main types are process risk, people risk, systems risk, and external event risk. Managing these risks often involves implementing controls, training, and monitoring to ensure smooth operations.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

Is operational risk management a good career?

Operational risk management is a valuable career path in finance and banking, focusing on identifying and mitigating risks related to daily business operations. It requires strong analytical skills, knowledge of risk frameworks, and often certifications like FRM or ORM. The role offers opportunities for advancement and stability in regulated industries.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, which can offer salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What is the difference between Operational Risk vs Credit Analyst?

AspectOperational RiskCredit Analyst
Required CredentialsCertifications like FRM, PRM often preferredCertifications such as CFA, credit-specific courses
Work EnvironmentBanking, financial institutions, risk management departmentsBanking, lending institutions, financial services
Employer & Industry UsageUsed across financial sectors to manage risksUsed in lending to assess creditworthiness
Comparison Search IntentUnderstanding risk management rolesAssessing credit risk and loan eligibility

Operational Risk focuses on identifying and mitigating risks within business operations, including processes, systems, and people. Credit Analysts evaluate the creditworthiness of individuals or companies to determine loan eligibility. While both roles are within the financial industry, Operational Risk professionals concentrate on risk management frameworks, whereas Credit Analysts focus on credit assessment and lending decisions.

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

To thrive as an Operational Risk professional, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or risk management, often supported by relevant certifications such as FRM or ORM. Familiarity with risk management frameworks, data analysis tools, and governance, risk, and compliance (GRC) systems is typically required. Exceptional communication, attention to detail, and problem-solving abilities are crucial soft skills for identifying risks and collaborating across departments. These skills ensure that operational risks are effectively identified, assessed, and mitigated, protecting the organization from potential losses and regulatory issues.
What job categories do people searching Operational Risk jobs in Minnetonka, MN look for? The top searched job categories for Operational Risk jobs in Minnetonka, MN are:
What cities near Minnetonka, MN are hiring for Operational Risk jobs? Cities near Minnetonka, MN with the most Operational Risk job openings:
Infographic showing various Operational Risk job openings in Minnetonka, MN as of June 2026, with employment types broken down into 80% Full Time, 16% Part Time, 1% Temporary, 1% Contract, and 2% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $87,522 per year, or $42.1 per hour.

AVP, Risk Management Systems Business Analyst

Synchrony Financial

Saint Paul, MN • On-site

Full-time

Posted 21 days ago


Synchrony Financial rating

9.0

Company rating: 9.0 out of 10

Based on 48 frontline employees who took The Breakroom Quiz

2nd of 138 rated financial services


Job description

Role Summary/Purpose:

We are seeking a highly motivated and detail-oriented individual to join our dynamic team as a Sr. Business Analyst. As a key member of GRC Risk Management Systems team, you will play a critical role in the understanding and driving organization's risk management goals. This is an excellent opportunity for a professional looking to grow in the financial industry while contributing to the organization's data-driven decision-making processes.

Essential Responsibilities:

  • Advocate for use of the GRC technology platform as the optimal tool for risk and governance program activities and system of record

  • Partner with different internal and external stakeholders to enable different departments across the organization to identify, understand and manage key organizational risks on a holistic level.

  • Develop Features/User Stories and support review of QA test scripts, lead UAT and regression activities, and release validation .

  • Identify process improvement, user experience, design, and technical systems and architecture opportunities to support risk and governance programs

  • Drive business requirements to ensure data integrity, usage and flow are well understood and agreed-upon by business partners during grooming

  • Maintain a well-groomed backlog, participate in Agile rituals and be the voice of the business for GRC

  • Support build and prioritized sequence of the backlog to drive defined product roadmap by partnering and collaborating with stakeholders on defining and documenting requirements

  • Support the day-to-day management and operation of Synchrony's GRC Risk technology platform, as required

  • Work with IT and business teams, as required

  • Perform other duties and/or special projects as assigned

Qualifications/Requirements:

  • Bachelor's degree in a relevant field such as Business Management, Information Technology, or Finance;

    OR in lieu of Bachelor's degree, 7+ years' experience in software development and/or life-cycle management including, Design, QA, UAT, and, Project Management

  • 4+ years of experience in software development and/or life-cycle management including, Design, QA, UAT, and, Project Management in Financial or Technology related area.

  • 4+ years of experience with operational risk management techniques including, development of process flows, identification and assessment of risks and controls, testing and monitoring procedures, and, development of related metrics

  • Experience working in any eGRC platform (ServiceNow, Archer; SAI360; MetricStream; Audit Board etc) environment

  • Strong analytical and problem-solving skills with attention to detail

  • 2+ years of working with advanced Excel functions and formulas including, Pivot Table vlookup, Macros, and, Charts

  • 5+ years of Project Management experience

  • Ability and flexibility to travel for business as required

Desired Characteristics:

  • Ability to lead and manage projects to completion, especially managing multiple projects simultaneously with minimal supervision

  • Experience in driving/identifying validation scenarios for UAT with Product Owners

  • Experience working with Product Owners/SMEs in eGRC domain for solutions like: TPRM; Issues Management; RCSA; Business Continuity Management; Compliance; Audit

  • Problem solver with ability to promote collaborative problem solving

  • Effective communication skills and ability to work collaboratively in a team environment in an offshore/onshore model

  • Minimum 4+ years of experience in Risk/Banking/Credit Card industry

  • Track record of creative problem solving and ability to thrive in a cross-functional and virtual environment

  • High energy, self-motivated, with strong communication skills (verbal and written)

  • Proficient with Agile software development framework both Scrum and Kanban

  • Proficient in documenting process flows/Epics/Features/User Stories

  • Experience working with a global team

Grade/Level: 10

The salary range for this position is 75,000.00 - 130,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

Salaries are adjusted according to market in CA, NY Metro and Seattle.

Our Way of Working:

We're proud to offer you flexibility. At Synchrony, our way of working allows you to have the option to work from home near one of our Hubs or come into one of our offices.You will be required to commute to your nearestHub (either virtual or physical) for in-person engagement activities such as regularbusiness or team meetings, training and culture events.

*Field Sales and some Commercial team roles may have varied location requirements based upon partner obligations or preferences.

Eligibility Requirements:

  • You must be 18 years or older

  • You must have a high school diploma or equivalent

  • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process

  • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

  • New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).

Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Our Commitment:

When you join us, you'll be part of an inclusive culture where your individual skills, experience, and voice are not only heard - but valued. Together, we're building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.

This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. We're proud to have an award-winning culture for all.

Reasonable Accommodation Notice:

  • Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

  • If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time

Job Family Group:

Risk Management

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