Portfolio Manager Jobs in Minnesota
Portfolio Manager jobs in Minnesota concentrate in the Twin Cities metro, particularly Minneapolis and St. Paul, with secondary activity in Rochester and Duluth, where financial services, institutional asset management, and insurance are the dominant hiring sectors. Employers such as Ameriprise Financial, Securian Financial, and Allianz Life Insurance of North America maintain deep, ongoing hiring for portfolio managers across equity, fixed income, and multi-asset strategies. Demand at the senior and CFA-credentialed level is among the most consistent in the Upper Midwest, though associate and analyst-track roles appear regularly as well. See the openings below and apply to the ones that match your experience.
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About this role:
Wells Fargo is seeking a Senior Lead Commercial Banking Portfolio Manager for clients with annual revenue of $100MM to $2B as part of the Commercial Bank.
Learn more about the career areas and business divisions at wellsfargojobs.com.
In this role, you will:
Act as an advisor to senior leadership to develop or influence objectives, plans, specifications, resources, and long term goals for highly complex business and technical needs across groups and functions
Lead the strategy and resolution of highly complex and unique challenges requiring in-depth evaluation across multiple areas of the company
Deliver solutions that are long term, large scale, which require vision, creativity, innovation, advanced analytical and inductive thinking, coordination of highly complex activities, and guidance to others
Provide vision, direction, and expertise to senior leadership on implementing innovative and significant business solutions that are large scale, cross functional, or companywide strategies within Commercial Banking Portfolio Management functional area
Engage with Commercial Banking Portfolio Management professionals and managers across the company and serve as an expert advisor to leadership
Required Qualifications:
7+ years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Experience with complex credit, underwriting, and debt structure for clients with annual revenue of $100MM to $2B
Credit authority experience
Strong partnership within internal and external partners
Completion of a formal credit training program
Comprehensive knowledge and understanding of core banking products and services such as, commercial lending and treasury management
Experience developing and maintaining external and internal partnerships
Experience in swiftly adopting and executing change management to enable business growth
Experience identifying and mitigating risk, ensuring compliance with processes and procedures
Excellent verbal, written, and interpersonal communication skills
Bachelor’s degree in accounting, finance, or business
Job Expectations:
This position is not eligible for Visa sponsorship
This position offers a hybrid work schedule
Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process
Ability to travel up to 10% of the time
May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
#commercialbanking
Job Locations:
125 High St., Boston, MA
100 N 18th St., Philadelphia, PA
51 John F Kennedy Parkway, Short Hills, NJ
14241 Dallas Pkwy Ste 1300, Dallas, TX
4101 Wiseman Blvd., San Antonio, TX
10999 W Interstate 10, San Antonio, TX
1000 Louisiana St - Houston, TX 77002
8601 N Scottsdale Rd., Scottsdale, AZ
600 S 4th St., Minneapolis, MN
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:
29 Sep 2026- Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
See All 24 Portfolio Manager Jobs in Minnesota
Find roles in Minnesota that match your experience and apply in just a few clicks.
Find Portfolio Manager JobsPortfolio Manager Jobs by City in Minnesota
Where Minnesota roles are concentrated, by current openings.
Portfolio Manager Job Market in Minnesota
A snapshot from current Minnesota openings, updated as new roles post.
Who's Hiring



Top Industries Hiring
- Food & Beverage
What Minnesota Employers Look For
The qualifications that appear most often in portfolio manager jobs across Minnesota.
- CFA designation or active pursuit of CFA charterholder status strongly preferred
- Bachelor's degree in finance, economics, or a related quantitative field required
- Series 65 or Series 66 license required for roles involving investment advice to clients
- Five or more years of investment analysis, asset allocation, or fund management experience
- Demonstrated proficiency with Bloomberg, Morningstar, or comparable portfolio analytics platforms
- Strong communication skills for presenting investment strategies to institutional or retail clients
Portfolio Manager Jobs in Minnesota: Frequently Asked Questions
How do you become a portfolio manager in Minnesota?
Most portfolio managers in Minnesota start with a bachelor's degree in finance, economics, or accounting, then build several years in investment analysis or research roles. The CFA designation is the most recognized credential in Minnesota's institutional market and is expected by firms like Ameriprise and Allianz. Roles that involve providing investment advice for compensation also require a Series 65 or Series 66 license, registered through FINRA and the Minnesota Department of Commerce.
Which companies hire portfolio managers in Minnesota?
Companies currently hiring portfolio managers in Minnesota include U.S. Bank, NICOLET NATIONAL BANK, and 3M, per current listings on Migrate Mate as of September 2026. Minnesota's concentration of Fortune 500 financial and insurance headquarters means a steady pipeline of openings across institutional, retail, and proprietary investment mandates.
Which Minnesota cities have the most portfolio manager jobs?
Minneapolis, Golden Valley, and Hopkins lead for portfolio manager openings in Minnesota. Minneapolis anchors the market as home to major asset managers, insurance carriers, and regional banks, while St. Paul adds institutional and public-sector investment roles, and suburban hubs like Minnetonka and Eden Prairie host satellite offices for national financial firms.
Are there remote portfolio manager jobs in Minnesota?
Yes, and more than most finance roles, since portfolio management is largely analytical and communication-based work that travels well to a remote setting. About 80% of portfolio manager openings tied to Minnesota are remote or hybrid as of September 2026, with the most flexibility seen in quantitative, model-driven, or separately managed account roles rather than client-facing wealth management positions.
How can I get hired as a portfolio manager in Minnesota with little or no experience?
The most realistic entry path is landing an investment analyst or associate portfolio manager role at one of Minnesota's large asset managers or insurance-linked investment teams. Firms like Ameriprise Financial and Securian Financial run structured analyst development programs that feed into portfolio management tracks. Completing CFA Level I and building a personal investment portfolio or a model-portfolio project gives candidates a concrete edge when applying to these entry-level openings.
Where can I find and apply to portfolio manager jobs in Minnesota?
You can find and apply to portfolio manager jobs in Minnesota on Migrate Mate, which lists current Minnesota openings updated regularly. Search the listings, find the roles that fit your experience and preferred location, and apply directly to the ones that match.
See All 24 Portfolio Manager Jobs in Minnesota
Find roles in Minnesota that match your experience and apply in just a few clicks.
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