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Head Of Model Risk Management Jobs in Fishers, IN

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Head Of Model Risk Management information

See Fishers, IN salary details

$50.5K

$134K

$243.4K

How much do head of model risk management jobs pay per year?

As of Sep 3, 2026, the average yearly pay for head of model risk management in Fishers, IN is $134,022.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,700.00 and $156,800.00 per year, depending on experience, location, and employer.

What does a head of model risk management do?

A Head of Model Risk Management oversees the processes and teams responsible for identifying, assessing, and mitigating risks associated with financial and predictive models used within an organization. This role involves establishing and maintaining model risk frameworks, ensuring regulatory compliance, and leading model validation activities. They also coordinate with other departments to ensure the effective management and governance of all models, providing guidance on best practices and emerging risks. Ultimately, their goal is to minimize model-related losses and support sound decision-making across the business.

What are the key skills and qualifications needed to thrive as a head of model risk management?

To thrive as a Head Of Model Risk Management, you need deep quantitative expertise, advanced knowledge of risk management frameworks, and a strong background in finance or mathematics, often supported by advanced degrees such as a PhD or MSc. Familiarity with statistical software (like Python, R, or SAS), model validation tools, and regulatory compliance systems is typically required. Exceptional leadership, communication, and critical thinking skills are essential for effectively managing teams and presenting complex risk issues to stakeholders. These skills ensure robust oversight of model risk, regulatory compliance, and sound decision-making within financial institutions.

What are the main challenges faced by a head of model risk management in maintaining regulatory compliance?

A Head of Model Risk Management often faces the challenge of keeping up with evolving regulatory expectations and ensuring that all models used within the organization are compliant. This involves constantly monitoring regulatory updates, coordinating with various departments to implement necessary changes, and maintaining detailed documentation for audit purposes. Additionally, the role requires balancing the need for innovation in modeling techniques with the necessity of robust risk controls and transparent validation processes. Regular communication with risk, compliance, and audit teams is essential to address these challenges effectively.

What is the difference between Head Of Model Risk Management vs Model Validation Manager?

AspectHead Of Model Risk ManagementModel Validation Manager
Primary FocusOversees overall model risk framework, governance, and strategyConducts independent validation and testing of models
ResponsibilitiesRisk oversight, policy development, senior stakeholder communicationModel testing, performance assessment, validation reports
CredentialsAdvanced degrees, certifications like FRM, CFA, or CAMS, experience in risk managementQuantitative background, certifications like CFA, FRM, strong modeling expertise
Work EnvironmentStrategic, leadership role within risk management teamsTechnical, analytical role focused on model validation tasks

The Head Of Model Risk Management oversees the entire model risk framework, focusing on strategy and governance, while the Model Validation Manager specializes in testing and validating individual models. Both roles require strong quantitative skills and relevant certifications, but differ in scope and responsibilities.

What cities near Fishers, IN are hiring for Head Of Model Risk Management jobs?

Cities near Fishers, IN with the most Head Of Model Risk Management job openings:

Head Of Model Risk Management jobs near you
Infographic showing various Head Of Model Risk Management job openings in Fishers, IN as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $134,022 per year, or $64.4 per hour.

Head of Intellectual Property (Indianapolis)

Elanco

Indianapolis, IN • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Elanco rating

7.8

Company rating: 7.8 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

50th of 86 rated pharmaceutical

Job description

About Elanco

At Elanco (NYSE: ELAN) – it all starts with animals!

As a global leader in animal health, we are dedicated to innovation and delivering products and services to prevent and treat disease in farm animals and pets. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose – all to Go Beyond for Animals, Customers, Society and Our People.

At Elanco, we pride ourselves on fostering a diverse and inclusive work environment. We believe that diversity is the driving force behind innovation, creativity, and overall business success. Here, you’ll be part of a company that values and champions new ways of thinking, work with dynamic individuals, and acquire new skills and experiences that will propel your career to new heights.

Making animals’ lives better makes life better – join our team today!

Head of Intellectual Property

The Head of Intellectual Property will serve as the most senior intellectual property legal advisor to the General Counsel, senior management, and business leaders. S/he will have primary responsibilities as a legal function head, business partner, team leader, talent developer, and manager of the IP legal function which will include managing all aspects of the IP legal organization and attracting and retaining a high performing, business-focused, global IP legal team.

S/he will partner with the most senior leadership in the company, including the Head of R&D and Heads of Elanco’s franchises, to articulate a strategic vision for the Elanco IP portfolio and drive essential wins in IP portfolio development.

The successful candidate will demonstrate keen legal insights and business discernment and effectively apply expertise in intellectual property areas including exclusivity strategy, defense, creation and advice; IP portfolio procurement, management, and maintenance; freedom to operate opinions; IP licensing and due diligence, and the interface between intellectual property rights and regulatory regimes, trademark monetization and protection. S/he will be the primary manager of the legal department’s relationship with the R&D and marketing organizations to define business needs, risks and opportunities, and work with leadership teams to explore and evaluate solutions, make recommendations and build consensus and commitment as related to intellectual property and exclusivity matters.

Basic Qualifications
  • J.D. from Accredited Law School
  • 15+ Years of IP, Patent, Trademark related legal experience
Responsibilities
  • Lead and manage the company’s global intellectual property legal function to ensure business objectives by developing, implementing, and executing exclusivity strategies.
  • Serve as a business partner
  • Proactively provide creative and practical legal and business advice related to IP to help drive favorable business outcomes.
  • Leverage legal expertise and business judgment to counsel business leaders on wide-ranging IP issues including IP procurement, contracts, freedom to operate, and litigation.
  • Act as primary advisor to the VP of R&D and the VP of the Elanco business franchises on intellectual property matters.
  • Stay abreast of changes in intellectual property law, and differences in the law across countries/regions, and anticipating implications for Elanco businesses over time.

Manage the IP legal function financial resources by monitoring the operating budget of the IP legal function.

Lead, manage and guide in-house IP lawyers and other IP legal department employees globally to optimize the performance and capabilities of individuals and the IP team.

Lead and support critical business projects or initiatives, which include performing or overseeing IP due diligence; evaluating IP risks; harnessing internal innovation and develop IP strategy for new ideas, leading or overseeing cross-functional initiatives at the request of the General Counsel; negotiating IP terms in business transactions

Additional Preferred Experience & Expertise
  • Broad legal experience: A J.D. from an accredited law school, 15+ years of legal experience, ideally with a combination of top-tier law firm training and in-house roles of increasing responsibility (required). Experience working in the healthcare or pharmaceutical industry is a major plus. Licensed to practice before the USPTO and a member in good standing of at least one state bar.
  • IP specific experience: Track record leading and managing an IP function, establishing strategy and successfully driving execution of key priorities and objectives. Experience across a broad range of IP, patent and trademark matters, including executing negotiating licensing agreements and overseeing IP related litigation. Experience with or exposure to IP issues and practices outside the United States, a strong plus.
  • Business acumen and stakeholder management: Forward-thinking business partner who is experienced serving as a trusted advisor to executive leadership and senior business leaders with the ability to work in a highly collaborative manner with both internal and external stakeholders as well as a dispersed global team. Ability to interpret product exclusivity and its impact on revenue and profit growth in different business models and to see beyond the specific concerns of IP in service of the most important strategic business goals of the company. Experience navigating a complex organization, especially with having the Research & Development team as the biggest internal client.
Culture Fit & Values Alignment
  • Leadership and team: Experience recruiting, hiring, managing, developing and retaining legal talent. Ability to inspire others, and set clear and challenging goals and expectations; monitor progress and celebrate success. A strong people orientation, emotional intelligence, and sensitivity to cultural diversity.
  • Integrity and personality: Track record of strong personal and professional integrity and honesty; high emotional intelligence, open and transparent, commitment to building a sustainable, profitable business while meeting the highest ethical standards. High level of energy, enthusiasm, grit and motivation, as well as a desire to win. Exceptional communication skills, with poise and confidence to quickly earn the trust of others. Strong analytical and conceptual reasoning skills; handle complexity well with sound judgment. Great cross-functional and cross-team collaboration skills.
Additional Information
  • Location: Indianapolis, IN - Global Headquarters
  • Hybrid
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