Risk Management Analyst Jobs in Minnesota
Risk Management Analyst jobs in Minnesota concentrate heavily in financial services, insurance, and healthcare, three sectors with deep institutional roots in the Twin Cities metropolitan area and a consistent appetite for analysts at every level from entry-level to senior. Minneapolis and St. Paul anchor the bulk of hiring, with Bloomington and Rochester adding steady volume, and major employers such as U.S. Bancorp, Allianz Life Insurance of North America, and Mayo Clinic maintaining ongoing demand. The most sought-after specialties include enterprise risk management, operational risk, and regulatory compliance. Find a role that fits below and apply directly.
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Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries.
Staff Risk Management Engineer
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
-
Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with a high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This position works out of our St Paul, MN location for our Electrophysiology Medical Device business. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.
What You’ll Work On
Risk Management Engineer II assures new products perform the functions intended in a safe manner and establishes compliance with the quality system. They collaborate with clinical, design engineering, regulatory, labeling, and post market surveillance functions to ensure that risk is appropriately mitigated, evaluated, disclosed, and monitored. They are responsible for maintaining a strong collaborative partnership with cross-functional team members that facilitates organizational success by protecting patient/user safety and meeting business needs.
Product Development – support/execute risk management plan
Support system/product risk management planning
Support the requirements development process to assure quality of requirements and linkage to risk management file
Support System Hazard Analysis; support risk assessments (FTAs, FMEAs);
Analyze and incorporate legacy inputs; coordinate/integrate cybersecurity risk with patient safety implications
Assure and maintain traceability among hazards, risks, risk analyses, evaluations and risk controls, and verification of implementation and effectiveness of risk controls
Support writing of system/product risk management reports
Be point of contact for tracking and developing response to post market signals (event-based and periodic) and lead resulting risk management file updates
Including annual risk file updates
Complaint analysis and related action planning/response
Backroom support for audits
Risk Management Tool Mastery
Develop proficiencies in primary risk assessment tools (e.g., FMEA, FTA)
Support Risk Management Process Excellence
Identify opportunities for improvement and drive/support process/infrastructure changes
Identify/support process improvements driven by changes to external regulations, standards, or guidance or by internal Abbott Quality Policies
Support CAPA efforts with linkages to Risk Management Process or Execution
Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
Required Qualifications
- Bachelor level degree in Engineering or Technical Field
- 5+ years’ experience
- Previous design quality engineering experience and demonstrated use of quality tools/methodologies
- Experience working in a broader enterprise/cross-division business unit model
Preferred Qualifications
- Advanced Degree
- Medical Device and medical device software experience preferred
- Experience working in a broader enterprise/cross-division business unit model
- Working understanding of FDA, GMP, and ISO 13485
- Working understanding of the following standards: ISO14971, IEC 60601, IEC 62304, IEC 62366, ISO 10993, and/or ISO 14155
- Systems or clinical engineering experience
- Experience with basic statistics and/or reliability methodologies
- Experience facilitating risk assessments (e.g., FMEAs or FTAs)
What We Offer
At Abbott, you can have a good job that can grow into a great career. We offer:
- A fast-paced work environment where your safety is our priority
- Production areas that are clean, well-lit and temperature-controlled
- Training and career development, with onboarding programs for new employees and tuition assistance
- Financial security through competitive compensation, incentives and retirement plans
- Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
- Paid time off
- 401(k) retirement savings with a generous company match
- The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Apply Now
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on X @AbbottNews.
The base pay for this position is $99,300.00 – $198,700.00. In specific locations, the pay range may vary from the range posted.
See All 20 Risk Management Analyst Jobs in Minnesota
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Find Risk Management Analyst JobsRisk Management Analyst Jobs by City in Minnesota
Where Minnesota roles are concentrated, by current openings.
Risk Management Analyst Job Market in Minnesota
A snapshot from current Minnesota openings, updated as new roles post.
Who's Hiring



Top Industries Hiring
- Retail
- Technology & Software
- Investment & Asset Management
What Minnesota Employers Look For
The qualifications that appear most often in risk management analyst jobs across Minnesota.
- Bachelor's degree in finance, business, economics, or a related analytical field
- Professional certification such as FRM, CRMA, or ARM preferred by Minnesota employers
- Demonstrated experience with enterprise risk management frameworks and risk assessment methodologies
- Proficiency in data analysis tools including Excel, SQL, or risk management software platforms
- Knowledge of regulatory requirements relevant to Minnesota financial services or healthcare industries
- Strong written and verbal communication skills for presenting risk findings to senior stakeholders
Risk Management Analyst Jobs in Minnesota: Frequently Asked Questions
How do you become a risk management analyst in Minnesota?
Most Minnesota employers require a bachelor's degree in finance, business, economics, or a related field as the foundation. Minnesota does not issue a state-specific license for risk management analysts, but employers strongly favor candidates who hold professional credentials such as the Financial Risk Manager designation from the Global Association of Risk Professionals or the Certified Risk Management Assurance credential from the Institute of Internal Auditors. Entry-level candidates often start in finance, compliance, or audit roles at Minnesota's large financial institutions or healthcare systems before moving into dedicated risk positions.
How much do risk management analysts make in Minnesota?
Risk management analysts in Minnesota earn a median of about $105,420 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $72,930 for the lowest 10% to over $161,880 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire risk management analysts in Minnesota?
Minnesota risk management analyst roles are posted by Pinion, Douglas Machine, and Abbott and others right now, based on current listings on Migrate Mate as of October 2026. Minnesota's concentration of Fortune 500 financial services and insurance headquarters makes it one of the more active states for this role outside of major coastal markets.
Which Minnesota cities have the most risk management analyst jobs?
Saint Paul, Minneapolis, and Glenwood post the most risk management analyst openings in Minnesota. Minneapolis drives the largest share because it is home to major bank headquarters, insurance carriers, and healthcare systems, while St. Paul adds volume from state government agencies and regional financial institutions, and suburban hubs like Bloomington attract demand from large corporate campuses and insurance operations headquartered there.
Are there remote risk management analyst jobs in Minnesota?
Yes, and more than most fields, because risk management analysis is fundamentally desk-based and data-driven work. About 89% of risk management analyst openings tied to Minnesota are remote or hybrid as of October 2026, reflecting how well the analytical and reporting responsibilities translate to distributed work. Roles focused on model validation, regulatory reporting, and enterprise risk assessment tend to offer the most remote flexibility, while positions requiring close collaboration with trading desks or on-site audit teams lean more toward in-person arrangements.
How can I get hired as a risk management analyst in Minnesota with little or no experience?
The most realistic entry path is through a rotational or analyst development program at one of Minnesota's large financial institutions or insurance companies, where employers such as U.S. Bancorp, Securian Financial, and Allianz Life Insurance of North America regularly hire recent graduates into risk, compliance, or internal audit tracks. Lateral moves from adjacent roles in financial analysis, internal audit, or compliance are common and well-recognized. Earning the associate-level ARM designation or completing a relevant certification through the Risk and Insurance Management Society strengthens a candidate's profile considerably before or during the job search.
Where can I find and apply to risk management analyst jobs in Minnesota?
You can find and apply to risk management analyst jobs in Minnesota on Migrate Mate, which lists current Minnesota openings across financial services, insurance, healthcare, and other industries. Search the available roles, find the ones that fit your background and location preferences, and apply directly to each one.
See All 20 Risk Management Analyst Jobs in Minnesota
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