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Vice President Risk Management Jobs in Minnesota

Vice President / Senior Vice President - Business Development About Our Client Our client is a ... Experience evaluating investment opportunities and credit risk. Compensation Competitive base ...

Osaic is seeking a VP / Head of Product Due Diligence to lead and evolve the firm's end-to-end ... Ongoing Monitoring & Enterprise Risk Management * Establish and manage ongoing product monitoring ...

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Vice President Risk Management information

See Minnesota salary details

$42.6K

$154.3K

$271.8K

How much do vice president risk management jobs pay per year?

As of Jul 14, 2026, the average yearly pay for vice president risk management in Minnesota is $154,289.00, according to ZipRecruiter salary data. Most workers in this role earn between $112,600.00 and $186,100.00 per year, depending on experience, location, and employer.

What is the difference between Vice President Risk Management vs Risk Analyst?

AspectVice President Risk ManagementRisk Analyst
CredentialsBachelor's/Master's in Finance, Risk Management, or related fields; certifications like FRM or CRMBachelor's degree in Finance, Economics, or related fields; certifications like FRM are a plus
Work EnvironmentExecutive-level, strategic planning, leadership roles in corporate officesAnalytical, data-driven roles often in offices or financial institutions
Employer & IndustryFinancial institutions, corporations, insurance companiesFinancial firms, banks, insurance companies, consulting firms

The Vice President Risk Management holds a senior leadership role focused on strategic risk oversight, while a Risk Analyst performs detailed risk assessments and data analysis. The VP sets policies and directs teams, whereas the Risk Analyst supports these efforts through analysis and reporting.

What does a Vice President of Risk Management do?

A Vice President of Risk Management is responsible for identifying, assessing, and mitigating risks that could impact an organization's financial performance, reputation, or operations. They develop strategies and policies to manage risks related to compliance, financial markets, operations, and industry regulations. Additionally, they often lead teams, collaborate with other executives, and ensure that the company adheres to best practices in risk mitigation. Their work helps protect the organization from potential losses and ensures long-term business stability.

What are some common challenges faced by a Vice President of Risk Management and how can they be addressed?

A Vice President of Risk Management often faces the challenge of balancing regulatory compliance with the organization's strategic objectives. Keeping up with evolving regulations, managing cross-departmental communication, and implementing comprehensive risk assessment frameworks are key hurdles. Addressing these challenges requires continuous professional development, fostering a strong risk-aware culture across teams, and leveraging advanced risk management technologies. Successful VPs also prioritize regular collaboration with legal, finance, and operational leaders to ensure risks are identified and mitigated early.

What are the key skills and qualifications needed to thrive as a Vice President of Risk Management, and why are they important?

To thrive as a Vice President of Risk Management, you need deep expertise in risk analysis, regulatory compliance, financial modeling, and a relevant degree—often supported by certifications like FRM or CRM. Familiarity with risk assessment software, enterprise risk management (ERM) platforms, and quantitative analysis tools is typically required. Strong leadership, strategic thinking, and excellent communication skills help drive risk culture and collaborate with executive stakeholders. These competencies are crucial to effectively identify, mitigate, and communicate risks, ensuring the organization's resilience and regulatory alignment.
What are the most commonly searched types of Risk Management jobs in Minnesota? The most popular types of Risk Management jobs in Minnesota are:
What are popular job titles related to Vice President Risk Management jobs in Minnesota? For Vice President Risk Management jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Vice President Risk Management jobs in Minnesota look for? The top searched job categories for Vice President Risk Management jobs in Minnesota are:
What cities in Minnesota are hiring for Vice President Risk Management jobs? Cities in Minnesota with the most Vice President Risk Management job openings:
Infographic showing various Vice President Risk Management job openings in Minnesota as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $154,289 per year, or $74.2 per hour.
VP - Risk Management & Compliance

VP - Risk Management & Compliance

Hennepin Healthcare

Minneapolis, MN • Hybrid

$131K - $176K/yr

Other

Posted 3 days ago


Hennepin Healthcare rating

7.6

Company rating: 7.6 out of 10

Based on 42 frontline employees who took The Breakroom Quiz

191st of 884 rated healthcare providers


Job description

JOB DETAILS
Department: Compliance
FTE: 1.0
Shift(s): Days
Location: Hybrid (will require on-site visits) 

Purpose of this position: Reporting to the Chief Executive Officer and the HHS Board of Directors, develops enterprise risk management, and oversees compliance, privacy & security, regulatory reviews and analysis, patient representatives, and internal audit programs.

RESPONSIBILITIES

  • Provide strategic direction to Hennepin Healthcare on compliance and risk management strategies and issues through development of Enterprise Risk Management, and oversight of Corporate Compliance, Privacy & Security, Regulatory Review & Analysis, Patient Representatives, and Internal Audit Programs
  • Work diligently to foster a culture and climate of integrity by promoting sensitivity to ethical and compliant decision-making and behavior
  • Effectively communicate ethics and compliance standards to HHS's employees, contractors and vendors
  • Partner with business leaders to support all employees and board regarding compliance with laws, regulations and corporate policies through strategic development, training initiatives, communications/awareness and conformance with regulations in all matters of business
  • Serve on enterprise and operational level project teams
  • Advise the Board, Executive Leadership and employees on ethics and business conduct issues
  • Demonstrate knowledge of applicable laws and regulations including research and interpreting of emerging regulatory matters
  • Coordinate internal investigations or alleged violations of ethics and compliance standards
  • Review all internal compliance and investigation reports pertaining to HHS
  • Establish employee reporting channels and take prompt corrective actions in response to identified concerns or problems
  • Maintains Internal Audit Program, including assessing risks to determine audit planning, initiating audits, reviewing findings, and coordinating management responses
  • Operates the patient representative dept responsible for ensuring procedural compliance and handling patient complaints/reviews through resolution
  • Coordinate and support corporate monitoring and auditing procedures of business conduct practices including audit reviews and examinations
  • Work with legal counsel and outside consultants in conducting more detailed investigations when identified
  • Responsible for preparing and presenting clear and concise reporting on Enterprise Risk Management, Corporate Compliance, Privacy & Security, Regulatory Review & Analysis and Internal Audit Programs to the Audit/Compliance Committee of the Board of Directors and Executive Leadership regarding risks, requirements, ethics and compliance issues or activities
  • Participate in the fiscal year-end audit process of the financial statements of HHS and its subsidiaries conducted by external independent financial auditors
  • Oversee and ensure full second line of defense across Hennepin Healthcare System to comply with data privacy, including HIPPA and Minnesota Government Data Practices Act
  • Oversee and ensure responsiveness to regulators and legislators through the Regulatory Review and Audit compliance work to maintain compliance with state and federal regulatory requirements

QUALIFICATIONS

Minimum Qualifications:

  • 5 years of experience in compliance and audit in a complex medical center or related setting (i.e. law office, public accounting)
    -OR-
  • An approved equivalent combination of education and experience

Preferred Qualifications:

  • Juris Doctor Degree
  • Leadership experience in a healthcare setting highly preferred
  • CPA or CIA certification and/or Compliance Certification preferred

Knowledge/ Skills/ Abilities:

  • Knowledge of current health care systems and ability to align organizational goals and outcomes in accordance with them
  • Ability to drive change in alignment with the mission, vision, and values of organization
  • Ability to quickly and easily adapt to the culture and norms of an organization and be accountable for organizational information
  • Experience leading and collaborating with multiple levels of management
  • Ability to positively and accurately represent the organization and its values to the community (i.e. regulatory bodies, suppliers, government officials)
  • Has proven to have dynamic and empowering leadership skills and possesses a positive attitude that will install a vision for excellence
  • Passion for patient care and ability to use passion as a driver for positive change
  • Demonstrate ability to forecast healthcare trends and appropriately implement projections
  • Strategy minded; able to focus on the big picture

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