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Risk Management Manager Jobs in Rochester, MN (NOW HIRING)

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Risk Management Manager information

See Rochester, MN salary details

$44.2K

$105.4K

$170.3K

How much do risk management manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for risk management manager in Rochester, MN is $105,415.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,700.00 and $134,200.00 per year, depending on experience, location, and employer.

What does a risk management manager do?

A risk management manager identifies, assesses, and prioritizes potential risks to an organization, developing strategies to mitigate or manage those risks. They analyze data, implement policies, and work with other departments to reduce financial, operational, or safety-related threats, often using tools like risk assessment software and requiring certifications such as CRM or FRM.

Do risk management managers make good money?

Risk management managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications and leadership roles.

What are the key skills and qualifications needed to thrive as a risk management manager?

To thrive as a Risk Management Manager, you need a solid background in risk assessment, financial analysis, and compliance, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with risk management software, regulatory frameworks, and professional certifications such as CRM or FRM is highly valued. Strong analytical thinking, communication, and leadership skills set top performers apart in this role. These competencies are crucial for identifying potential threats, developing mitigation strategies, and ensuring organizational resilience.

Is risk management manager a good career?

A risk management manager oversees identifying and mitigating organizational risks, often requiring strong analytical skills and certifications like FRM or CRM. It is considered a stable and growing field with opportunities across various industries, offering competitive salaries and leadership roles.

What are some typical challenges faced by risk management managers in ensuring organizational compliance and how can they be addressed?

Risk Management Managers often encounter challenges such as rapidly changing regulatory environments, evolving threats, and ensuring consistent communication across departments. To address these, they must stay updated on industry regulations, foster strong relationships with compliance and legal teams, and implement robust risk assessment frameworks. Regular training sessions and cross-functional meetings can also help build a culture of risk awareness and streamline compliance efforts.

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

AspectRisk Management ManagerRisk Analyst
CredentialsBachelor's degree, certifications like CRM or FRM often preferredBachelor's or master's degree, certifications like CRM or FRM beneficial
Work EnvironmentOversees risk strategies, manages teams, collaborates with senior managementAnalyzes data, assesses risks, prepares reports, works under supervision
Industry UsageCommon in finance, insurance, corporate sectorsFound across finance, banking, insurance, and consulting firms

While both roles focus on risk assessment, the Risk Management Manager leads risk strategies and manages teams, whereas the Risk Analyst conducts detailed risk analysis and supports decision-making. The manager role typically requires more experience and leadership responsibilities.

What are the most commonly searched types of Risk Management jobs in Rochester, MN? The most popular types of Risk Management jobs in Rochester, MN are:
What job categories do people searching Risk Management Manager jobs in Rochester, MN look for? The top searched job categories for Risk Management Manager jobs in Rochester, MN are:
What cities near Rochester, MN are hiring for Risk Management Manager jobs? Cities near Rochester, MN with the most Risk Management Manager job openings:
Infographic showing various Risk Management Manager job openings in Rochester, MN as of August 2026, with employment types broken down into 78% Full Time, 19% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $105,415 per year, or $50.7 per hour.

Senior Manager Clinical Risk Management

Mayo Clinic

Rochester, MN • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 10 days ago


Mayo Clinic rating

7.8

Company rating: 7.8 out of 10

Based on 696 frontline employees who took The Breakroom Quiz

132nd of 887 rated healthcare providers


Job description

This is a unique opportunity to build a high-impact Clinical Risk Management function at one of the world's leading healthcare organizations. The Senior Manager will lead a multidisciplinary team responsible for identifying, assessing, and mitigating the clinical, legal, and operational risks associated with patient care events across the Rochester, Minnesota practice.

Grounded in the principles of a Communication and Resolution Program (CRP), this role will build and sustain the operational infrastructure for event intake, triage, escalation, documentation, patient and family communication, caregiver support, and longitudinal follow-up. The Senior Manager will shape the organization's approach to patient care events by advancing a culture of transparency, accountability, learning, and patient-centered care, while strengthening organizational resilience and public trust.

Key Responsibilities:

    Develop and execute a comprehensive Clinical Risk Management strategy that integrates patient safety, caregiver support, regulatory compliance, and enterprise risk management.
    Implement the governance and operational capabilities needed to manage complex patient care events and emerging clinical risks, applying principles of just culture, trauma-informed communication, human factors, and organizational learning.
    Partner with Clinical Operations, Quality, Patient Safety, Patient Experience, Legal, Finance, and executive leadership to ensure a coordinated, consistent, and compassionate response to patient care events.
    Engage in proactive trend monitoring, translating insights from events, claims, and regulatory activity into mitigation strategies, education, and system-level improvements.
    Ensure the Clinical Risk Management strategy reflects the five CPHRM domains - Clinical/Patient Safety, Risk Financing, Legal and Regulatory, Health Care Operations, and Claims and Litigation - across role expectations, metrics, escalation pathways, and leadership reporting.
    Serve as a trusted advisor to physicians, administrators, and executive leaders, helping the organization navigate potential patient harm, regulatory scrutiny, professional liability exposure, and reputational risk.
    Build training, coaching, and staff support programs that advance trauma-informed communication and just culture practices.

A strategic, collaborative healthcare leader with deep expertise in clinical risk management, patient safety, and regulatory compliance is desired. Equally comfortable advising executives, facilitating difficult conversations after patient events, and coaching teams through complexity - with the judgment and credibility to lead through ambiguity, high emotional intelligence, and the ability to balance compassion and transparency with effective risk mitigation on behalf of patients, families, and care teams.

In addition, Senior Manager responsibilities within Risk may include:
The Senior Manager is accountable for design, build, sustainment and operational management of risk activities throughout the Mayo Clinic enterprise. Job duties include assisting in establishing the strategic direction of the work teams or service lines and overseeing the team's design and maintenance of leading practice technology, processes, tools, and analytics to support an effective risk related program. Manages function budget and resources. The position is responsible for working directly with and supporting peers and partners to drive the enterprise risk mitigation model forward which includes Intelligence, Data, Policies, Standards, Procedures, Communications, Training, and Education. The incumbent is also responsible for ensuring appropriate processes are in place to ensure Mayo Clinic is compliant with laws, regulations, and accreditation standards. This position will work collaboratively with myriad organizations and functional areas at Mayo Clinic, as well as provide direction to staff on administering subprograms within the Mayo Clinic Risk Department. Must have excellent analytical, business writing skills and project management skills and the ability to prioritize multiple projects and requests with intense deadlines. Has demonstrated high level of integrity and maintains confidentiality of team. The Senior Manager will be considered the subject matter expert and will be required to maintain a significant level of technical expertise and knowledge in their subject matter area, acting as a resource to internal and external committees and staff. Must maintain strict confidentiality of information. Level of Autonomy: Significant autonomy in performing duties of position. Works independently. Routine engagement and input from higher level leadership. Reports priorities and progress to higher level leadership. Responsible for business process design, creation of policies, and procedures. Provides input to risk assessments and business plans. Impact to Organization/Risk Level Mitigation: Accountable for the results of the function and team. Deals with extremely significantly sensitive and confidential organization information and projects.
This is a hybrid position and the incumbent must live within 100 miles of the Rochester, MN campus.
Mayo Clinic will not sponsor or transfer visas for this position including F1 OPT STEM.
 

Why Mayo Clinic

Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans - to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.

Benefits Highlights
  • Medical: Multiple plan options.
  • Dental: Delta Dental or reimbursement account for flexible coverage.
  • Vision: Affordable plan with national network.
  • Pre-Tax Savings: HSA and FSAs for eligible expenses.
  • Retirement: Competitive retirement package to secure your future.
Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives. Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is. 

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the "EOE is the Law".  Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.

Must be security clearance eligible.  A master's degree with nine years of experience or a bachelor's degree with 11 years of experience in a risk related field, which includes design of independent projects, data analysis and interpretation. Must have ability to organize and implement procedures/techniques independently. Must have significant technical knowledge, understanding of subject matter standards, industry standards, and regulations. Must have the ability to effectively communicate both verbally and in written materials, and the ability to work both independently and in a team. Must have the ability to be flexible and adaptable to a changing work environment that requires continuous professional development. Must have established presentation and training skills and be capable of demonstrating and exhibiting positive consultation/customer service skills. Must have appropriate knowledge of computers, applications, software, artificial intelligence and databases to administrate the tools selected for use in designated functional area. Mastery of Microsoft Office tools including SharePoint is preferred. Must be resourceful and willing to exercise personal initiative. Silver Quality Fellow preferred Experience in a large academic medical center and the ability to work in a matrix organizational structure, working collaboratively in a diverse work environment. Demonstrated experience with intra/intergovernmental relationships and the ability to facilitate, coordinate, and negotiate at all levels of government to achieve results is preferred. Thorough knowledge and understanding of healthcare accreditation is preferred. Certified Emergency Manager (CEM), Certified Healthcare Provider Continuity Professional (CHPCP), Certified Healthcare Security Administrator (CHPA). Certified Protection Professional (CPP), Certified in Healthcare Compliance (CHC), Certified Fraud Examiner (CFE), Certified in Privacy Compliance (CPH) or comparable certification is preferred based on designated functional area. 
Preferred Qualifications: 
Certified Professional in Health Care Risk Management (CPHRM) 
Certified in Healthcare Risk Management (CHRM)
Completed IHI RCA course
 


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About Mayo Clinic

Sourced by ZipRecruiter

Mayo Clinic is the largest integrated, not-for-profit medical group practice in the world. We're building the future, one where the best possible care is available to everyone — and more people can heal at home. Our relentless research turns into earlier diagnoses and new cures. That's how we inspire hope in those who need it most. At Mayo Clinic, experts work together to solve the most challenging unmet needs of patients. Our history of innovation dates back almost 150 years, when brothers Will and Charlie Mayo pioneered an integrated, team-based approach to medicine. Today, that trailblazing spirit drives innovations like Mayo Clinic Platform — which powers new technologies to change how care is delivered to all.

Industry

Hospitals

Company size

10,000+ Employees

Headquarters location

Rochester, MN, US

Year founded

1919