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Head Of Model Risk Management Jobs in Sulphur, LA

Founding Head of School

Lake Charles, LA ยท On-site

$90 - $130/hr

Manage the school budget and enrollment process * Establish trust with students, parents, and ... Three to five years of instructional leadership experience, including two years in school ...

Principal Risk Analyst-ServiceMac

Iowa, LA ยท On-site +1

$97K - $130K/yr

Leads the efforts of Risk Management programs and managing department processes. Identifies and addresses future concepts and implements best practices. * Analyzes, defines and documents detailed ...

Head Cashier - Store

Lake Charles, LA ยท On-site

$12.75 - $16.50/hr

Head Cashiers must be proficient in all aspects of the Cavender's Boot City cashiering system and ... Head Cashiers will support our management staff with miscellaneous tasks like stocking, visual ...

Head Cashier - Store

Lake Charles, LA ยท On-site

$12.75 - $16.50/hr

Head Cashiers must be proficient in all aspects of the Cavender's Boot City cashiering system and ... Head Cashiers will support our management staff with miscellaneous tasks like stocking, visual ...

Risk Analyst-ServiceMac

Iowa, LA ยท On-site +1

$64K - $85K/yr

Organizes the research for and development of specialized risk assessment scopes. * Collaborates with management and personnel to optimize risk assessment and scope development. * Identifies ...

Risk Based Inspection Specialist

Lake Charles, LA ยท On-site

$90K/yr

... replacement of critical equipment, ensuring alignment with integrity management programs ... Identify opportunities for risk reduction and long-term reliability improvements for fixed ...

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Showing results 1-20

Head Of Model Risk Management information

See Sulphur, LA salary details

$48.9K

$129.7K

$235.5K

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

As of Aug 23, 2026, the average yearly pay for head of model risk management in Sulphur, LA is $129,710.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,600.00 and $151,700.00 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 Sulphur, LA are hiring for Head Of Model Risk Management jobs?

Cities near Sulphur, LA with the most Head Of Model Risk Management job openings:

AI Model Risk Validation Specialist

TMG Insurance Services, LLC

Iowa, LA โ€ข On-site

$100 - $135/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

Department: Information Technology

Serve as the independent validator of AI Systems, responsible for technical assessment, model risk evaluation, and ongoing monitoring of AI/ML models across The Mutual Group and its member insurance carriers. This is a highly handsโ€‘on individual contributor role focused exclusively on AI Systems, with emphasis on predictive models impacting underwriting, claims, and decisionโ€‘making. The role supports the AIS Program by providing objective, technical validation input into governance and approval decisions.

Work Arrangement

Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or inโ€‘office schedule. The initial training period may require additional inโ€‘office days.

Accountabilities
  • Model Validation (Core Responsibility)
    • Perform independent validation of AI/ML models, including:
    • Model design, methodology, and assumptions
    • Training and test data quality and representativeness
    • Performance metrics, thresholds, and benchmarking
    • Review vendorโ€‘provided FactSheets and technical documentation for completeness and accuracy
  • Risk Assessment
    • Evaluate key model risks, including:
    • Bias and fairness
    • Explainability and interpretability
    • Model limitations and edge cases
    • Assess alignment with NAIC expectations and model risk management practices
    • Identify gaps and recommend risk mitigation strategies
  • Governance Integration
    • Provide independent validation input into AI governance decisions
    • Support the AIS / Security Governance Team by contributing technical risk perspectives during AI system reviews
    • Act as a secondโ€‘line reviewer to challenge assumptions and strengthen decisionโ€‘making
  • Ongoing Monitoring
    • Lead twiceโ€‘annual validation of AI Systems
    • Monitor predictive models for drift, stability, and performance degradation
    • Ensure monitoring practices align with AIS Program requirements
    • Recommend corrective actions when performance or risk thresholds are breached
  • Documentation & Audit Support
    • Maintain model validation documentation for internal audit and regulatory review
    • Ensure validation results are clearly documented, traceable, and reproducible
    • Support inquiries with technical analysis and evidence
Qualifications
  • 5+ years in data science, model risk management, or AI/ML validation
  • Experience working with predictive models in regulated environments (insurance or financial services preferred)
  • Strong understanding of:
    • Machine learning models and statistical techniques
    • Model evaluation and validation methodologies
    • Bias and fairness concepts
    • Model lifecycle management
  • Familiarity with:
    • NAIC AI Model Bulletin
    • NIST AI RMF
    • Model governance and validation standards
  • Ability to translate technical findings into business and risk implications
Pay Range

Anticipated Hiring Range: $100,000 - $135,000 annual base salary depending on experience, qualifications, and geographic location.

Benefits
  • Competitive base salary plus incentive plans for eligible team members
  • 401(K) retirement plan with a company match of up to 6% of eligible salary
  • Free basic life and AD&D, longโ€‘term disability, and shortโ€‘term disability insurance
  • Medical, dental, and vision plans to meet healthcare needs
  • Wellness incentives
  • Generous timeโ€‘off program including personal, holiday, and volunteer paid time off
  • Flexible work schedules and hybrid/remote options for eligible positions
  • Educational assistance
Equal Opportunity Employment

The Mutual Group is an Equal Opportunity Employer. It is our policy to recruit, hire, train, and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity, or any other characteristic protected by law.

All offers of employment are contingent upon the successful completion of a background check. The Mutual Group participates in the Eโ€‘Verify program and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected from employment discrimination based on citizenship status and national origin.

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