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Manager Model Risk Management Jobs in Madison, WI

Risk Management and Compliance * GRC Platform Experience * Cross-Functional Leadership * AI Model Development ATS Optimization Keywords Hard Skills * Risk Classification Standards * Policy Management

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... risk management, operational controls, and governance processes. In addition: Research, recommend, and develop strategies to mitigate risks in areas such as business continuity planning, loss ...

... risk management, and business operations. * Oversee multiple concurrent engagements while managing staffing, budgets, scheduling, profitability, and timely delivery of client services. * Review audit ...

Showing results 41-60

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 Aug 19, 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:

Full-time

Re-posted 11 days ago


Job description

Position Purpose

Perform supply and trading functions for the Company related to energy procurement of physical and financial gas and power transactions. This includes buying gas and electricity to serve customer load, dispatching generation units in the MISO market, optimizing assets in the short and mid term, and implementing the Company's Risk Management Plan.

Core Responsibilities

Note: this list is not all-inclusive

  • Develop and implement daily and monthly electric strategies for buying load and selling generation in the MISO market.
  • Coordinate daily and monthly market activities for jointly owned power plants and Power Purchase Agreements.
  • Monitor, adjust, and implement power and natural gas strategies daily in response to market changes.
  • Coordinate daily and monthly natural gas supply for generation with Dispatch Analyst.
  • Participate in MISO market activities such as auction revenue rights/financial transmission rights, virtuals, and capacity auctions.
  • Maintain in-depth knowledge of the MISO tariff, Public Service Commission rules, and other regulatory requirements affecting energy procurement; ensure compliance with market rules at all times.
  • Develop and implement hedging plans under the Risk Management Plan to manage price exposure risks in gas and electric markets.
  • Monitor and develop information for the Company's Electric Fuel Budget.
  • Continually monitor physical and financial natural gas and power markets to identify purchase and sale opportunities, optimize Company assets, and evaluate supplier credit risks.
  • Provide daily and weekend support as part of a 24/7 on-call rotation to monitor gas system load and electric transactions.
  • Generate analyses, confirmations, and documentation to ensure complete and accurate support for trading activities.
  • Build and maintain relationships with counterparties, including trading partners, joint plant personnel, utilities, and other market participants.
  • Participate in state and federal regulatory issues as directed.
  • Maintain compliance with Company policies, procedures, fuels procurement processes, risk management programs, and credit policy.
  • Serve as backup for colleagues in the department to ensure consistent coverage of critical tasks.
  • Maintain familiarity with the Company's tariff and recommend changes to meet Company objectives.
Behavioral Competencies

Note: these are in addition to MGE's Core Competencies

  • Strategic Mindset - Anticipates future trends and creates competitive strategies.
  • Manages Complexity - Makes sense of complex, high-quantity, and sometimes contradictory information.
  • Plans and Aligns - Plans and prioritizes work to meet commitments aligned with goals.
Skills
  • In-depth knowledge of natural gas and power market fundamentals.
  • Strong analytical skills and ability to process and interpret large amounts of data quickly and accurately.
  • Solid understanding of hedging principles and risk management concepts.
  • Ability to handle multiple priorities and adapt to changing circumstances.
  • Strong verbal, written, and presentation skills.
  • Proficiency in interpreting and analyzing pipeline and power tariffs.
  • Competence with relevant software tools (e.g., PCI systems, spreadsheets, word processing).
  • Ability to work independently with minimal supervision in areas requiring accuracy and detailed analysis.
Education
  • Bachelor's degree in a related field (or equivalent experience).
Experience
  • 2-5 years of experience in the power-trading industry.
Work Location
  • This hybrid role is based at our Madison, WI headquarters. While three days onsite is the minimum, team collaboration and business needs may require additional in-office presence.

Pre-employment will require satisfactory completion of a background check and drug screen.
We are an AA/EOE employer and consider all qualified candidates without regard to protected status.

Employment Type: Full time