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Manager Model Risk Management Jobs in Manchester, NH

BAE Systems

Task Manager

Merrimack, NH · On-site

$97K - $164K/yr

Proposal Development and Management * Function as the programs risk officer and fluently work within the risk and opportunity management software (IRIS). Actively manage R&O in unification with the ...

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All JobsModel Risk Management JobsManager Model Risk Management JobsManager Model Risk Management Jobs in Manchester, NH

Manager Model Risk Management information

See Manchester, NH salary details

$43.3K

$103.3K

$166.8K

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

As of Jun 13, 2026, the average yearly pay for manager model risk management in Manchester, NH is $103,255.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,200.00 and $131,400.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.

What does a model risk manager do?

A model risk manager oversees the identification, assessment, and mitigation of risks associated with financial and operational models used within an organization. They ensure models are accurate, compliant with regulations, and perform as intended, often working with validation teams and utilizing tools like statistical software. Their role helps prevent financial loss and supports sound decision-making.

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.

Is model risk management a good career?

Model risk management is a specialized field within financial and banking sectors that involves identifying, assessing, and mitigating risks associated with financial models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.

What is the salary of model risk management in Deloitte?

The salary for a Manager in Model Risk Management at Deloitte typically ranges from $110,000 to $150,000 annually, depending on experience, location, and performance. Additional benefits may include bonuses, health insurance, and professional development opportunities.
What are popular job titles related to Manager Model Risk Management jobs in Manchester, NH? For Manager Model Risk Management jobs in Manchester, NH, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Manchester, NH look for? The top searched job categories for Manager Model Risk Management jobs in Manchester, NH are:
Manager Model Risk Management jobs near you
Senior Credit Risk Management Analyst, Chelmsford, MA or Hillsboro, OR, Hybrid Full-Time

Senior Credit Risk Management Analyst, Chelmsford, MA or Hillsboro, OR, Hybrid Full-Time

Digital Federal Credit Union

Chelmsford, MA

Full-time

Posted 11 days ago

Digital Federal Credit Union rating

8.4

Company rating: 8.4 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

Job description

Schedule

Monday - Friday 8-5 (40 hrs)

What You’ll Do

Job Summary:

The Senior Analyst, Credit Risk is responsible for performing advanced credit risk analysis, portfolio monitoring, and reporting to support the organization’s Second Line of Defense (2LOD) credit risk management function. This role evaluates credit performance, supports risk governance activities, and provides insights to ensure alignment with the organization’s risk appetite, regulatory expectations, and strategic objectives.

The Senior Analyst operates independently on complex assignments, providing data-driven insights, identifying emerging risks, and supporting effective challenge of first line lending practices and portfolio strategies.

 

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Analyze credit portfolio performance across consumer and commercial portfolios, including credit quality, concentrations, migration trends, and loss performance
  • Monitor and report on key credit risk indicators (KRIs/KPIs), identifying trends, emerging risks, and areas of concern
  • Support the Allowance for Credit Losses (ACL) / CECL process, including data analysis, validation of assumptions, and review of outputs
  • Perform stress testing and scenario analysis to evaluate potential impacts on portfolio performance, earnings, and capital
  • Evaluate underwriting practices, portfolio strategies, and credit risk frameworks, providing insights and effective challenge where appropriate
  • Support development of credit risk reporting, including materials for leadership, risk committees, and governance forums
  • Analyze large data sets to generate actionable insights and support decision-making across credit risk functions
  • Assist in maintaining and enhancing credit risk policies, procedures, and governance documentation
  • Support credit model oversight and governance, including monitoring performance and identifying potential limitations in coordination with Model Risk Management
  • Participate in regulatory exams, internal audits, and credit reviews, including preparation of analysis, documentation, and responses
  • Partner with Finance, Lending, and Risk teams to support portfolio analysis, forecasting, and risk assessments
  • Identify opportunities to improve credit risk analytics, reporting processes, and data quality
  • Stay informed on regulatory expectations, industry trends, and emerging credit risks

Typical Scope:

  • Applies best practices and knowledge of internal/external business challenges to improve products, processes or services. Is accountable for small projects or programs with manageable risks and resource requirements. Resolves difficult and complex problems using judgment and analysis; contributes to problem solving in collaborative settings. Interprets policies and adapts them to new situations.
  • Demonstrates judgment in selecting methods to solve problems that have cross-functional impacts or require balancing competing priorities. Applies advanced knowledge of job area with experienced understanding of functional area.
  • Typically receives little instruction on daily work. Works independently within defined specialties; adapts methods and procedures for routine work with minimal oversight. Accountable for deliverables. May mentor others and coach or review their work.

What You’ll Need

Education & Experience:

  • Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree)
  • Required Experience: 4 - 6 years of relevant experience

 

Qualifications & Skills:

  • Strong understanding of credit risk principles, lending products, and portfolio performance analysis
  • Knowledge of credit risk modeling, CECL/ACL, and stress testing concepts
  • Strong analytical and quantitative skills, with ability to interpret complex data
  • Experience with data analysis tools and Excel; familiarity with SQL, Python, or similar preferred
  • Ability to identify trends and translate data into clear, actionable insights
  • Strong problem-solving and critical thinking skills
  • Excellent written and verbal communication skills
  • Ability to manage multiple priorities in a fast-paced environment

What We Do

DCU is the largest credit union headquartered in New England – serving more than one million members in all 50 states. With over 1,700 team members, we strive to make DCU a great place to work with an excellent work-life balance, and a community that cares.

DCU is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics. 

If you’re applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to careers@dcu.org and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.

DCU is not currently offering Visa transfer/ sponsorship for this position.

 

Expected Pay Range

$93,000 - $111,500 annually

What Digital Federal Credit Union employees say

Pay

Hours and flexibility

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