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Risk Manager Jobs in Minnesota (NOW HIRING)

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Risk Manager information

See Minnesota salary details

$50.4K

$109.3K

$166.5K

How much do risk manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for risk manager in Minnesota is $109,259.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,100.00 and $126,300.00 per year, depending on experience, location, and employer.

What does a risk manager do?

A Risk Manager is responsible for identifying, assessing, and prioritizing risks that could impact an organization's financial performance, reputation, or operations. They develop strategies and policies to minimize potential losses and ensure compliance with relevant regulations. Risk Managers work across various departments to implement risk mitigation plans and regularly review their effectiveness. Their goal is to help the organization avoid or manage threats while maximizing opportunities.

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

To thrive as a Risk Manager, you need expertise in risk assessment, analytical thinking, and a relevant degree such as in finance, business, or risk management, often supported by certifications like CRM or FRM. Familiarity with risk management software, data analysis tools, and compliance systems is typically required. Strong communication, problem-solving skills, and attention to detail help Risk Managers effectively collaborate with stakeholders and navigate complex scenarios. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to safeguard assets and ensure regulatory compliance.

How does a risk manager typically collaborate with other departments to identify and mitigate risks?

Risk Managers frequently work cross-functionally with departments such as finance, operations, legal, and IT to identify potential risks and develop mitigation strategies. Regular meetings, risk assessment workshops, and communication channels are established to ensure that all relevant parties are aware of emerging risks and compliance requirements. This collaborative approach helps foster a risk-aware culture across the organization and ensures that risk mitigation plans are practical and aligned with business objectives.

What is the difference between Risk Manager vs Risk Analyst?

AspectRisk Manager

Required CredentialsTypically requires a bachelor’s degree in finance, business, or related field; certifications like CRM or FRM are common.
Work EnvironmentLeads risk assessment strategies, collaborates with senior management, and oversees risk mitigation efforts.
Employer & Industry UsageEmployed across finance, insurance, and corporate sectors to manage organizational risk.

Risk Managers focus on developing and implementing risk management strategies, overseeing risk policies, and making high-level decisions. In contrast, Risk Analysts primarily analyze data to identify potential risks and support Risk Managers in decision-making. Both roles require similar credentials but differ in scope and responsibility within organizations.

Do risk managers make good money?

Risk managers typically earn competitive salaries that vary based on experience, industry, and location. According to industry data, median annual pay ranges from $70,000 to over $120,000, with higher earnings possible for those with certifications like FRM or CRM and advanced skills in data analysis and risk assessment.

Is risk manager a hard job?

A risk manager's job involves identifying, analyzing, and mitigating potential risks to an organization, which can be challenging due to the need for strong analytical skills, attention to detail, and decision-making under pressure. The role often requires knowledge of industry regulations, risk assessment tools, and sometimes certifications like FRM or CRM, making it demanding but manageable with proper training and experience.

What are the most commonly searched types of Risk jobs in Minnesota?

The most popular types of Risk jobs in Minnesota are:

What are popular job titles related to Risk Manager jobs in Minnesota?

For Risk Manager jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Risk Manager jobs in Minnesota look for?

The top searched job categories for Risk Manager jobs in Minnesota are:

What cities in Minnesota are hiring for Risk Manager jobs?

Cities in Minnesota with the most Risk Manager job openings:

Infographic showing various Risk Manager job openings in Minnesota as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $109,259 per year, or $52.5 per hour.

QRM - Senior Risk Manager, Cyber (Senior Manager) - C_MAT

Deloitte

Minneapolis, MN • On-site

Full-time

Re-posted 13 days ago


Key responsibilities

  • Support Cyber quality and risk management activities across the Cyber Offering Portfolio and Market Offerings.

  • Provide guidance to engagement leaders and teams on risk mitigation strategies, contract formation, and contract management for Cyber services.

  • Review and negotiate professional services contracts, including Statements of Work, Engagement Letters, and Change Orders, to mitigate delivery and contractual risks.


Deloitte rating

8.2

Company rating: 8.2 out of 10

Based on 93 frontline employees who took The Breakroom Quiz

47th of 154 rated financial services


Job description

The Team: The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation.

Work you'll do

Deloitte's Cyber QRM team is seeking a Quality & Risk Manager who will be responsible for supporting Cyber quality and risk management activities across the Cyber Offering Portfolio and Market Offerings. Candidates must have extensive experience in delivering and/or contracting for consulting services and related agreements.

Recruiting for this role ends on 08/28/2026.

Key job responsibilities include:

Guidance and Support to Senior Business Leaders within the Firm

  • Serves as liaison between firm leadership and the Office of General Counsel and others (National Risk, National Office of Independence, etc.).
  • Is responsible for advising practice leadership on potential quality and risk management issues within the Cyber Offering Portfolio that includes Cyber Strategy & Transformation, Cyber Defense & Resilience, Digital Trust & Privacy, Enterprise Security, and Cyber Operate services.
  • Provides guidance to engagement leaders and teams on risk mitigation strategies, contract formation, contract terms, and contract management for Cyber services.
  • Facilitates internal compliance with contract terms, risk management policies and procedures, and management directives for Cyber services.
  • Comfortable in facilitating risk management training to business leaders / business teams when called upon to do so for Cyber services.

Proposals for Cyber Services

  • Performs proposal reviews for Cyber opportunities.
  • Consults with firm Partners, Principals, Managing Directors, and engagement teams on Requests for Proposals (RFPs), Teaming Agreements, and Non-Disclosure Agreements.
  • Conducts Risk Consultations as needed.
  • Helps interpret contract requirements and obligations and provides guidance to engagement teams.
  • Facilitates early coordination with Office of General Counsel on RFPs where applicable.

Contract Negotiation for Cyber Services

  • Involved in the negotiation of professional services contracts with a primary focus on reducing and mitigating delivery and contractual risks associated with the services being provided.
  • Facilitates the coordination of Office of General Counsel, the business, and clients (where applicable) on contract negotiations.
  • Professional services contracts include Master Services Agreements, Managed Services Agreements, Subscription License Agreements, Statements of Work, Engagement Letters, Change Orders, Subcontractor Agreements, Teaming Agreements, Non-Disclosure Agreements, independence consultations, and other similar or related agreements.

Contract Management for Cyber Services

  • Reviews services contracts (in particular Statements of Work, Engagement Letters, and Change Orders) and provides revisions oriented to mitigating and containing risk aligned with Deloitte policies and procedures and management guidance.
  • Available to consult and help interpret requirements of the contract as aligned to the Cyber services as well as associated Master Services Agreements and Managed Services Agreements, where applicable.
  • Analyzes and assesses potential impacts associated with contract delivery risks aligned to the Cyber services.
  • Where applicable, assists business leadership with contract template development and review to help expedite future risk reviews.
  • Provides guidance to reduce in flight project risks, adjusts contract requirements to accommodate changing project circumstances, and manages stakeholder expectations to contractual obligations and agreed upon performance standards.

A successful candidate will possess these skills:

  • Significant experience in negotiating various consulting agreements as identified above.
  • Significant experience in advising business teams on developing agreements and contracts
  • Significant experience evaluating and assessing Cyber engagements across the Cyber Market Offerings
  • Experience in negotiating and managing vendor contracts (buy-side) for third-party software providers, including reseller agreements
  • Understanding of the different types of sensitive data (PII, PHI, etc.), the associated risk profile of handling each type of data, and the appropriate risk mitigation strategies to be employed
  • Ability to evaluate risks associated with large professional service engagements 
  • Experience advising engagement teams on risk matters
  • Experience in Request for Proposal analysis, including contract terms and conditions
  • Experience and ability to work directly with senior level individuals (internally and externally)
  • Strong oral and written communication skills 
  • Ability to work autonomously and handle a fast paced, multi-task environment 
  • Experience structuring and negotiating license agreements for a software business

Qualifications

Required:

  • Experience: 15+ years of Client Service delivery, direct contract negotiation, and/or relevant management experience 
  • Education: BBA/BA/BS in related field
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Education: Master's Degree is desirable

The wage range for this roletakes into accountthe wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $155,600-$306,800. 

You may also be eligible toparticipatein a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends onvarious factors, including, without limitation, individual and organizational performance. 

Qualifications:

The Team: The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation.

Work you'll do

Deloitte's Cyber QRM team is seeking a Quality & Risk Manager who will be responsible for supporting Cyber quality and risk management activities across the Cyber Offering Portfolio and Market Offerings. Candidates must have extensive experience in delivering and/or contracting for consulting services and related agreements.

Recruiting for this role ends on 08/28/2026.

Key job responsibilities include:

Guidance and Support to Senior Business Leaders within the Firm

  • Serves as liaison between firm leadership and the Office of General Counsel and others (National Risk, National Office of Independence, etc.).
  • Is responsible for advising practice leadership on potential quality and risk management issues within the Cyber Offering Portfolio that includes Cyber Strategy & Transformation, Cyber Defense & Resilience, Digital Trust & Privacy, Enterprise Security, and Cyber Operate services.
  • Provides guidance to engagement leaders and teams on risk mitigation strategies, contract formation, contract terms, and contract management for Cyber services.
  • Facilitates internal compliance with contract terms, risk management policies and procedures, and management directives for Cyber services.
  • Comfortable in facilitating risk management training to business leaders / business teams when called upon to do so for Cyber services.

Proposals for Cyber Services

  • Performs proposal reviews for Cyber opportunities.
  • Consults with firm Partners, Principals, Managing Directors, and engagement teams on Requests for Proposals (RFPs), Teaming Agreements, and Non-Disclosure Agreements.
  • Conducts Risk Consultations as needed.
  • Helps interpret contract requirements and obligations and provides guidance to engagement teams.
  • Facilitates early coordination with Office of General Counsel on RFPs where applicable.

Contract Negotiation for Cyber Services

  • Involved in the negotiation of professional services contracts with a primary focus on reducing and mitigating delivery and contractual risks associated with the services being provided.
  • Facilitates the coordination of Office of General Counsel, the business, and clients (where applicable) on contract negotiations.
  • Professional services contracts include Master Services Agreements, Managed Services Agreements, Subscription License Agreements, Statements of Work, Engagement Letters, Change Orders, Subcontractor Agreements, Teaming Agreements, Non-Disclosure Agreements, independence consultations, and other similar or related agreements.

Contract Management for Cyber Services

  • Reviews services contracts (in particular Statements of Work, Engagement Letters, and Change Orders) and provides revisions oriented to mitigating and containing risk aligned with Deloitte policies and procedures and management guidance.
  • Available to consult and help interpret requirements of the contract as aligned to the Cyber services as well as associated Master Services Agreements and Managed Services Agreements, where applicable.
  • Analyzes and assesses potential impacts associated with contract delivery risks aligned to the Cyber services.
  • Where applicable, assists business leadership with contract template development and review to help expedite future risk reviews.
  • Provides guidance to reduce in flight project risks, adjusts contract requirements to accommodate changing project circumstances, and manages stakeholder expectations to contractual obligations and agreed upon performance standards.

A successful candidate will possess these skills:

  • Significant experience in negotiating various consulting agreements as identified above.
  • Significant experience in advising business teams on developing agreements and contracts
  • Significant experience evaluating and assessing Cyber engagements across the Cyber Market Offerings
  • Experience in negotiating and managing vendor contracts (buy-side) for third-party software providers, including reseller agreements
  • Understanding of the different types of sensitive data (PII, PHI, etc.), the associated risk profile of handling each type of data, and the appropriate risk mitigation strategies to be employed
  • Ability to evaluate risks associated with large professional service engagements 
  • Experience advising engagement teams on risk matters
  • Experience in Request for Proposal analysis, including contract terms and conditions
  • Experience and ability to work directly with senior level individuals (internally and externally)
  • Strong oral and written communication skills 
  • Ability to work autonomously and handle a fast paced, multi-task environment 
  • Experience structuring and negotiating license agreements for a software business

Qualifications

Required:

  • Experience: 15+ years of Client Service delivery, direct contract negotiation, and/or relevant management experience 
  • Education: BBA/BA/BS in related field
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Education: Master's Degree is desirable

The wage range for this roletakes into accountthe wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $155,600-$306,800. 

You may also be eligible toparticipatein a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends onvarious factors, including, without limitation, individual and organizational performance. 

Education:Bachelor's DegreeEmployment Type:

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