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Vice President Risk Management Jobs in Minnesota

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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 Jun 15, 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 cities in Minnesota are hiring for Vice President Risk Management jobs? Cities in Minnesota with the most Vice President Risk Management job openings:
Vice President Risk Management jobs near you
Infographic showing various Vice President Risk Management job openings in Minnesota as of June 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.

Senior Vice President of Member Services

Levo Federal Credit Union

Steen, MN

$145K - $242K/yr

Full-time

Posted 29 days ago

Job description

Senior Vice President of Member Services
Lead with Purpose. Serve the Community. Elevate the Member Experience.
Levo Credit Union is seeking a collaborative and strategic Senior Vice President of Member Services to help lead our continued growth and expand our impact. As a key member of our senior leadership team, this role will guide the strategy and execution of branch operations, lending, and recovery services, ensuring exceptional service while maintaining financially strength and operational efficiency.
This is an opportunity to join a community-focused credit union where relationships matter, employees are empowered, and members remain at the center of every decision.
Levo is dedicated to improving the financial well-being of our members and strengthening the communities we serve. As a trusted financial partner in Sioux Falls and the surrounding region, we deliver personalized service, innovative solutions, and a culture grounded in integrity, respect, accountability, and service. Our mission to improve lives by providing relevant financial services, building trusted relationships, supporting our communities, and fostering a rewarding workplace for our employees.
Reporting to the Executive VP of Strategy and Service, the SVP will lead branch services, virtual banking (service center), consumer and commercial lending, and recovery/collections. This role is critical in delivering a consistent, high quality member experience across all channels, aligning operations with long term growth goals, and strengthening performance, efficiency, and service delivery. The SVP role is essential to lead and collaborate with leaders across key operational areas to elevate member service, growth of the credit union, and ensure financial success.
Key Responsibilities
  • Lead enterprise-wide operational strategy, aligning branch services, service center, lending, and recovery with organizational goals
  • Champion a member-first culture across all channels
  • Drive operational excellence through process optimization and workforce strategy
  • Use KPIs to drive performance, profitability, and member outcomes
  • Oversee lending strategy, portfolio performance, and product development
  • Lead recovery and collections strategy to support financial strength
  • Ensure regulatory compliance and alignment of policies and procedures
  • Leverage data, technology, and market insights to guide decisions and identify growth opportunities
  • Oversee budgeting and resource allocation, to support strategic objectives
  • Build and develop high-performing leadership teams
  • Represent the organization through community engagement and partnerships

Requirements
  • 8-10+ years of progressive leadership experience in credit union, banking, or financial services
  • Strong expertise in lending, recovery efforts, branch operations, and/or member service delivery
  • Proven ability to lead teams and execute strategic initiatives
  • Experience using data and analytics to improve performance
  • Solid understanding of regulatory compliance and risk management
  • Collaborative leadership style with a commitment to community impact
  • Strong communication, relationship-building, and decision-making skills
Keywords: Credit Union Executive Jobs, SVP Operations, Banking Leadership Careers, Lending Leadership, Branch Operations Management, Financial Services Executive, Sioux Falls Jobs, Community Banking Careers
Salary Description
$145,000-$242,000 Annual Salary

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