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Operational Risk Jobs in Minnetonka, MN (NOW HIRING)

Huntington

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 ...

Huntington

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 ...

Scale Bank

OPERATIONS MANAGER

Minneapolis, MN

$90K - $120K/yr

Operational risk mitigation and controls and adherence to standards * Leadership Accountability/Responsibilities Efficient and effective operations * Oversee and participate in daily operations of ...

New

RJM CONSTRUCTION LLC

Risk Manager

Golden Valley, MN

Position Summary The Risk Manager is responsible for leading and administering the company's risk management, insurance, and claims programs while supporting operational teams in managing risk across ...

Children's Minnesota

Risk Manager

Minneapolis, MN

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 ...

Children's Minnesota

Risk Manager

Minneapolis, MN

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 ...

Children's Minnesota

Risk Manager

Minneapolis, MN · On-site

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 ...

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All JobsOperational Risk JobsOperational Risk Jobs in Minnetonka, MN

Operational Risk information

See Minnetonka, MN salary details

$39.8K

$87.5K

$158K

How much do operational risk jobs pay per year?

As of Jul 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 the context of operational risk roles 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 involves implementing controls, monitoring, and compliance measures to minimize impact.

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, with 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 an operational risk job?

An operational risk job involves identifying, assessing, and managing risks arising from internal processes, people, systems, or external events that could disrupt business operations. Professionals in this field analyze data, develop risk mitigation strategies, and often use tools like risk management software to ensure organizational stability and compliance.

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.

Is risk advisory a good career?

Risk advisory is a viable career path within the broader field of operational risk management, focusing on identifying and mitigating organizational risks. It often requires strong analytical skills, knowledge of industry regulations, and certifications such as FRM or CRM. The role offers opportunities for advancement and specialization in areas like compliance, cybersecurity, and financial risk.

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:
Operational Risk jobs near you
Infographic showing various Operational Risk job openings in Minnetonka, MN as of July 2026, with employment types broken down into 89% Full Time, 10% Part Time, and 1% Contract. 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.
Senior Manager, Risk Advice

Senior Manager, Risk Advice

Royal Bank of Canada

Minneapolis, MN • On-site

$99K - $176K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 22 days ago

Job description

Job Description
What is the opportunity?
RBC US Wealth Managing is building out our credit, lending and cash management products and capabilities. As a Risk Advice Senior Manager, Business Risk Oversight, you will provide risk advice and guidance to product managers and other business owners within this developing business along with other areas of Wealth Management. In this role you will apply professional judgment to solve problems and find solutions to complex business risk scenarios through collaboration and consensus-building with multiple stakeholders.
What will you do?
  • Assist product managers and other business owners in evaluating and synthesizing regulatory, legal, operational and other risk considerations to find strategic solutions that enable the business within RBC's risk appetite
  • Help business partners develop policy requirements and design supporting processes and controls, including field procedures, supervisory procedures and system controls
  • Provide guidance to business partners in navigating business line and Enterprise formal risk governance requirements
  • Lead and participate in risk- and business-driven projects
  • Collaborate with Business Risk Oversight colleagues, including the supervision, surveillance, operational risk, policy and disclosure management teams, as well as functional groups, such as Compliance, Law Group and Enterprise Group Risk

What do you need to succeed?
Must-have
  • 6+ years' experience in a strategic business risk/compliance or product management role focused on credit/lending/cash management products/solutions and risk management, preferably within a wealth management environment
  • Exceptional verbal and written communication skills
  • Exceptional problem solving and leadership skills with the ability to deescalate conflict and reach consensus
  • Effective organizational skills, including the ability to multitask, prioritize, and delegate where appropriate
  • Securities Industry Essentials (SIE) exam or able to obtain within 180 days of employment

Nice-to-have
  • JD, MBA or another advanced degree
  • Securities/broker-dealer risk, compliance, legal, product manager/business experience
  • Series 7, 66 and 24 registrations

What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
  • Leaders who support your development through coaching and managing opportunities.
  • Ability to make a difference and lasting impact.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Opportunities to do challenging work.
  • Opportunities to build close relationships with clients.

The expected salary range for this particular position is $99,000-$176,000, (Chicago), $90,000-$160,000, (Minneapolis), depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
  • Drives RBC's high-performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value

Job Skills
Analytical Thinking, Business, Commercial Acumen, Communication, Critical Thinking, Data Compilation, Decision Making, Group Problem Solving, Long Term Planning, Management Reporting, Negotiation, Organizational Change Management, Planning Ability, Professional Presentation, Researching, Solutions Development
Additional Job Details
Address:
250 NICOLLET MALL:MINNEAPOLIS
City:
Minneapolis
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
WEALTH MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-02-20
Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

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