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Manager Model Risk Management Jobs in Madison, WI

Risk Program Specialist

Janesville, WI · On-site

$80K - $129K/yr

OVERVIEW The primary purpose of the position is to administer the risk management program on a day-to-day basis. Schedule: Full-Time: salaried Shift: Days, may vary per business need Location:

Risk Program Specialist

Janesville, WI · On-site

$80K - $129K/yr

OVERVIEW The primary purpose of the position is to administer the risk management program on a day-to-day basis. Schedule: Full-Time: salaried Shift: Days, may vary per business need Location:

Director of Cyber Risk & Assurance

Madison, WI · On-site +1

$185K - $225K/yr

Enjoy leading the Cyber Risk & Assurance function encompassing governance, risk management, compliance coordination, and executive-level cyber risk reporting. * Can drive a risk-based assurance model ...

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Showing results 1-20

Manager Model Risk Management information

See Madison, WI salary details

$43.8K

$104.5K

$168.8K

How much do manager model risk management jobs pay per year?

As of Jul 30, 2026, the average yearly pay for manager model risk management in Madison, WI is $104,495.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,100.00 and $133,000.00 per year, depending on experience, location, and employer.

What is the difference between Manager Model Risk Management vs Model Risk Analyst?

AspectManager Model Risk ManagementModel Risk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFAOften requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications
Work EnvironmentLeads teams, manages risk frameworks, and interacts with senior managementPerforms detailed risk analysis, supports model validation, and reports findings
Employer & Industry UsageCommon in banking, asset management, and financial institutionsFound in similar environments, often as a supporting role to managers

The Manager Model Risk Management oversees the entire model risk framework, manages teams, and interacts with senior stakeholders. In contrast, the Model Risk Analyst focuses on detailed analysis, validation, and reporting of models. Both roles require similar credentials but differ in scope and responsibilities.

What are the most commonly searched types of Model Risk Management jobs in Madison, WI? The most popular types of Model Risk Management jobs in Madison, WI are:
What are popular job titles related to Manager Model Risk Management jobs in Madison, WI? For Manager Model Risk Management jobs in Madison, WI, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Madison, WI look for? The top searched job categories for Manager Model Risk Management jobs in Madison, WI are:

Director of Risk Management

Culver Franchising System, LLC

Prairie Du Sac, WI • On-site

$135K - $150K/yr

Full-time

Posted 10 days ago


Culver's rating

6.2

Company rating: 6.2 out of 10

Based on 1,989 frontline employees who took The Breakroom Quiz

5th of 19 rated casual dining restaurants


Job description

Culver Franchising System, LLC is looking for a Director of Risk Management to own and advance risk management strategies and practices for the organization and across the Culver's system. This person is accountable to identify, evaluate and mitigate risk-related matters that may impact the business, our team members and/or our guests of the Culver's brand.
Essential Functions:
  • Procure and manage business insurance coverage for Culver Franchising System (CFS) and family restaurants
    • Conduct research on carriers and market conditions to identify the optimal approach for coverage at the best possible price
    • Conduct negotiations on program structure and policy terms working with carriers and brokers to optimize programs for both CFS and affinity programs appropriate for franchisees (e.g., property & casualty, cyber, trade name restoration)
    • Present insights and recommendations to officers of CFS for final decision
    • Oversee insurance claims process for CFS and family restaurants by providing direction on claims activities, monitoring claims frequency, and overseeing efforts to minimize claims volume
    • Support franchised restaurants by creating and managing preferred insurance vendor partnerships and assisting franchisees in establishing coverage as needed
  • Create and support enterprise risk management program for Culver's system restaurants, CFS and family restaurants
    • Develop policies, programs, and practices and conduct appropriate training to mitigate risk
    • Proactively assess and identify risk through assessments, bringing insights and recommendations to the business to optimize loss control and business continuity efforts
    • Provide expertise during risk/crisis events including, but not limited to, working closely with internal stakeholders
    • Continuous monitoring of risk-related topics in the industry, including compliance and risk trends, bringing knowledge and insights to the business
    • Conduct and lead periodic internal risk audits across the organization and report findings to senior leadership
  • Oversee workplace safety policies and practices across CFS and family restaurants
    • Provide subject matter expertise and direction for escalation issues
    • Oversee workplace safety program, policies, programs, and practices for CFS and conduct appropriate training to mitigate risk
    • Oversee the incident management process
  • Provide outreach to franchisee community
    • Engage in proactive dialogue with Culver's franchisees and franchisee leadership teams on a range of risk-related matters, including insurance, occupational safety and legal compliance
  • Oversee captive insurance program
    • Partner with existing third-party insurance broker to manage workers' compensation captive program
    • Manage and lead the optimization of the program working in conjunction with legal and finance
  • Lead and Develop Team Members - employ successful communication and coaching to enable individual and team success and engagement

Requirements:
  • Bachelor's Degree in Risk Management or related field, Master's degree preferred
  • 10+ years related experience or equivalent combination of education and experience plus 3 years people management experience
  • Certification of Associate in Risk Management (ARM) preferred
  • Able to travel 20% of the time
  • Strong communication, relationship building and influencing skills
  • Possess a valid Driver's license and an acceptable driving record

Additional Info:
To be considered for this opportunity, please make sure to attach your resume to your application.
Starting Pay Range: $135,000-$150,000 annually, commensurate with experience.
Classification: Exempt, full-time position.
This role includes a generous incentive bonus based on business results and individual success.
Culver Franchising System is an Equal Opportunity Employer, and we use E-Verify to confirm the identity and employment eligibility of all new team members.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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About Culver's

Sourced by ZipRecruiter

In 1984, Craig and Lea Culver, along with Craig’s parents George and Ruth, opened the very first Culver's in the family’s beloved hometown of Sauk City, Wisconsin, and began serving ButterBurgers® and Frozen Custard. Craveable as our signature combination is, the Culver family knew right away that although the business is centered around the food, it is really about the people. While folks can vividly recall the first time they bit into a ButterBurger or tasted a scoop of rich, creamy Fresh Frozen Custard, it’s our way of welcoming guests that truly makes Culver’s delicious.

Industry

Food services and drinking places and restaurants

Company size

10,000+ Employees

Headquarters location

Prairie du Sac, WI, US