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Director Model Risk Governance Jobs in River Rouge, MI

Astemo Ltd

IT Governance Senior Manager

Farmington Hills, MI · On-site

$128K - $129K/yr

This role provides executive oversight for IT risk management, controls oversight, policy ... Direct management of department members. Working conditions: Physical Demands: Required to sit or ...

Astemo

IT Governance Senior Manager

Farmington Hills, MI

$128K - $129K/yr

This role provides executive oversight for IT risk management, controls oversight, policy ... Direct management of department members. Working conditions: Physical Demands: Required to sit or ...

TD Bank Group

Risk Manager I (US)

Southfield, MI · On-site

$91K - $136K/yr

... model mechanism in the context of usage in Auto Acquisition and Pricing Strategy, proficient in ... Demonstrates governance, control and risk management behaviors in alignment with TD policies and ...

Td

Risk Manager I (US)

Southfield, MI

$91K - $136K/yr

... model mechanism in the context of usage in Auto Acquisition and Pricing Strategy, proficient in ... Demonstrates governance, control and risk management behaviors in alignment with TD policies and ...

Deloitte

Financial Risk Manager

Detroit, MI

... model methodology governance, results aggregation, capital actions analysis, documentation and ... Prior experience in risk management role or at a U.S. banking regulator. * Familiarity with key ...

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Showing results 1-20

All JobsDirector Model Risk Governance JobsDirector Model Risk Governance Jobs in River Rouge, MI

Director Model Risk Governance information

See River Rouge, MI salary details

$51K

$135.1K

$245.3K

How much do director model risk governance jobs pay per year?

As of Jun 19, 2026, the average yearly pay for director model risk governance in River Rouge, MI is $135,103.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,500.00 and $158,000.00 per year, depending on experience, location, and employer.

What is the difference between Director Model Risk Governance vs Model Risk Analyst?

AspectDirector Model Risk GovernanceModel Risk Analyst
CredentialsAdvanced degrees (e.g., Master’s, PhD), professional certifications (e.g., FRM, CFA)Bachelor’s or Master’s degree, relevant certifications
Work EnvironmentStrategic oversight, policy development, senior stakeholder engagementData analysis, model validation, risk assessment
Employer & Industry UsageFinancial institutions, banks, asset managersFinancial institutions, risk management teams
Search & Comparison IntentUnderstanding leadership roles in model risk governanceEntry to mid-level model risk roles, analysis tasks

The main difference is that the Director Model Risk Governance focuses on strategic oversight, policy setting, and managing model risk at a senior level, while the Model Risk Analyst handles technical validation, data analysis, and risk assessment tasks. The director role involves leadership and decision-making, whereas the analyst role is more technical and operational.

What are the key skills and qualifications needed to thrive as a Director of Model Risk Governance, and why are they important?

To thrive as a Director of Model Risk Governance, you need deep expertise in quantitative finance, risk management, and model validation, often backed by an advanced degree in a quantitative field and relevant industry experience. Familiarity with risk management frameworks, regulatory standards (e.g., SR 11-7), and proficiency in analytical tools like Python, R, or SAS are typically required. Exceptional leadership, communication, and critical thinking skills help you effectively oversee teams and coordinate with stakeholders across the organization. These competencies are vital to ensure robust model governance, regulatory compliance, and informed risk-based decision-making at the enterprise level.

What are Director Model Risk Governance roles?

Director Model Risk Governance roles are senior positions responsible for overseeing and managing the risks associated with financial and predictive models within an organization. These professionals establish and implement model risk management frameworks, ensure compliance with regulatory requirements, and oversee model validation processes. They collaborate with model developers, validators, and business units to identify, assess, and mitigate model risks, as well as report on governance effectiveness to senior management. Their work is crucial in maintaining the reliability and integrity of models used for decision-making and regulatory reporting.

What are some common challenges faced by a Director of Model Risk Governance, and how can they be addressed?

A Director of Model Risk Governance often encounters challenges such as ensuring consistent model validation across diverse business units, keeping up with evolving regulatory requirements, and fostering effective communication between model owners, validators, and senior management. Addressing these challenges typically involves establishing robust model risk frameworks, maintaining clear documentation, and promoting a culture of transparency and collaboration. Regular training sessions and open forums can help bridge knowledge gaps, while leveraging technology can streamline model inventory and validation processes.
Director Model Risk Governance jobs near you
Infographic showing various Director Model Risk Governance job openings in River Rouge, MI as of June 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, 1% Temporary, and 1% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $135,103 per year, or $65 per hour.
Risk Management Specialist (Controlled Insurance Program)

Risk Management Specialist (Controlled Insurance Program)

Walbridge

Detroit, MI

Full-time

Posted 14 days ago

Walbridge rating

8.3

Company rating: 8.3 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Job description

The Opportunity

As the Risk Management Specialist, you will be responsible for strategic oversight, internal coordination, and financial performance of Walbridge’s Controlled Insurance Program (CIP) and compliance with the requirements of Owner Controlled Insurance Programs the enterprise is enrolled in. This role serves as the primary point of accountability for CIP administration, working closely with executive leadership, including the CFO and General Counsel, to ensure effective program governance, compliance, cost control, and alignment with project delivery and business development objectives.

This position is ideal for a risk management professional with strong financial acumen who thrives in a cross-functional, project-driven environment and can translate complex insurance and financial data into clear, actionable insights for project teams and leadership.

Location

You will work from our Enterprise headquarters in Detroit, MI


Your Key Responsibilities

CCIP Governance & Oversight

  • Serve as the internal point of accountability for all CCIP projects.
  • Oversee broker and program administrator execution of contractor enrollment, payroll tracking, compliance, reporting, and closeout activities.
  • Review and validate CCIP processes, controls, and deliverables to ensure accuracy, timeliness, and contractual compliance.
  • Identify, escalate, and resolve program issues impacting project teams, subcontractors, or financial performance.

Program Administration Oversight

  • Ensure proper setup of CCIP projects, including scope definition, eligibility requirements, and coordination of kick-off and pre-bid meetings.
  • Review enrollment metrics, bid deduct processes, payroll submissions, and certificate issuance for completeness and consistency.
  • Monitor subcontractor compliance trends and direct corrective actions as needed.
  • Oversee renewals, reporting, and subcontractor closeout activities.

Financial Management, Forecasting & Analytics

  • Develop and maintain CCIP financial models, including enrollment assumptions, payroll projections, loss forecasts, and overall program cost tracking.
  • Monitor CCIP performance against budget and forecast, identifying financial risks and opportunities.
  • Coordinate with Finance, Project Controls, and brokers to reconcile CCIP costs, credits, and allocations.
  • Support internal audits and leadership reporting related to CCIP financial performance.

Internal & External Coordination

  • Act as the primary liaison between project teams, executive leadership, insurance brokers, program administrators, and carriers.
  • Provide training and guidance to Project Executives, Project Managers, and Estimating teams on CCIP requirements, processes, and responsibilities.
  • Ensure consistent communication practices and documentation standards across all CCIP projects.

To Qualify for the Role, You Must Have

  • Bachelor’s degree in Risk Management, Finance, Construction Management, Business, or a related field, or equivalent experience.
  • 5+ years of experience in construction risk management, insurance programs, or wrap-up administration.
  • Direct experience with CCIPs and/or OCIPs, including enrollment, payroll, and compliance processes.
  • Strong financial acumen with experience in forecasting, budgeting, and cost analysis.
  • Demonstrated ability to oversee third-party administrators, brokers, and professional service providers.

Ideally, You’ll Also Have

  • Experience working for a General Contractor, large construction manager, or owner.
  • Familiarity with wrap-up administration platforms and insurance reporting tools.
  • Experience supporting CCIP-related sales efforts or project pursuit activities.

Why Join Us

  • Play a critical role in the strategic oversight and financial performance of enterprise insurance programs.
  • Partner closely with executive leadership, project teams, and external stakeholders
  • Contribute to risk management excellence across complex, high-impact construction projects.
  • Be part of a collaborative, values-driven organization committed to continuous improvement.

Excited to make an impact? Apply now by clicking the “Apply” button below! We can’t wait to hear from you! 


Walbridge is an equal opportunity employer committed to fostering a diverse and inclusive workforce. We provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other legally protected status.

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