ZipRecruiter

Log In

1

Model Risk Governance Manager Jobs in Franklin, TN

Fortitude Re

VP, L&A Risk

Nashville, TN · Hybrid

... the Model Governance Committee with regard to model risk matters, and develop model risk reporting and documentation to support audit or other external reviews. People Management * Manage an ...

New

Caterpillar

Senior Director Compliance

Nashville, TN · On-site

Manage the FPD Risk Governance Framework, facilitate the Risk Committee, chair the Global Risk Subcommittee, oversee issue escalation, and assess applicable risks. What You Will Bring: Essential ...

Caterpillar Brazil

Senior Director Compliance

Nashville, TN · On-site

$186 - $297/hr

Manage the FPD Risk Governance Framework, facilitate the Risk Committee, chair the Global Risk Subcommittee, oversee issue escalation, and assess applicable risks. What You Will Bring:Essential ...

Posted today

next page

Showing results 1-20

All JobsModel Risk Governance JobsModel Risk Governance Manager JobsModel Risk Governance Manager Jobs in Franklin, TN

Model Risk Governance Manager information

See Franklin, TN salary details

$43K

$102.4K

$165.4K

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

As of Sep 4, 2026, the average yearly pay for model risk governance manager in Franklin, TN is $102,409.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,600.00 and $130,400.00 per year, depending on experience, location, and employer.

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

AspectModel Risk Governance ManagerModel Risk Analyst
Primary FocusOversees model risk policies, governance frameworks, and compliancePerforms detailed model validation, testing, and analysis
ResponsibilitiesDevelops risk management strategies, monitors model risk, ensures regulatory adherenceConducts model performance assessments, documentation, and validation activities
Required CredentialsAdvanced degrees in finance, statistics, or related fields; certifications like FRM or CFA often preferredSimilar credentials; often holds certifications like FRM or CFA
Work EnvironmentStrategic, governance-focused teams within financial institutionsAnalytical teams performing technical validation tasks

The Model Risk Governance Manager focuses on overseeing model risk frameworks and ensuring compliance, while the Model Risk Analyst conducts detailed model validation and testing. Both roles require similar credentials and work within the financial industry, but their responsibilities differ in scope and focus.

What are popular job titles related to Model Risk Governance Manager jobs in Franklin, TN?

For Model Risk Governance Manager jobs in Franklin, TN, the most frequently searched job titles are:

What job categories do people searching Model Risk Governance Manager jobs in Franklin, TN look for?

The top searched job categories for Model Risk Governance Manager jobs in Franklin, TN are:

Model Risk Governance Manager jobs near you

VP, L&A Risk

Fortitude Re

Nashville, TN • Hybrid

Full-time

Posted 3 days ago

New

Job description

The VP, Life & Annuity Risk is part of Fortitude Re's independent Enterprise Risk Management organization. This role supports the Life & Annuity Risk and Model Risk Management Teams in second line risk oversight of a $100bn long-term reinsurance business and the ALM models that at the intersection of business strategy, reserving and capital.

The ERM organization's goal is to ensure Fortitude Re has a comprehensive framework for understanding the risks across its lines of business - enabling the company to manage risk effectively, evaluate current and emerging risk challenges and opportunities, and enhance shareholder value.

Candidates will have the opportunity to shape Fortitude Re's evolving risk management framework while helping manage the risks associated with implementing models for large and diverse blocks of new business.

This position will report to the L&A Risk Officer, with an indirect reporting relationship to the Model Risk Officer. As the ALM modeling infrastructure at Fortitude continues to mature, this position may move to report directly to the Model Risk Officer.

This role will be based in our Nashville, TN office on a hybrid basis with some travel expected to our Jersey City, NJ office.

What You Will Do:

Risk Oversight & Business Support

  • Contribute to a robust risk management program that integrates with business partners to provide pragmatic oversight, challenge, and review.
  • Challenge first-line risk identification and reporting across life, health, and annuity businesses; keep ERM leadership informed of material risks and policy compliance.
  • Lead ERM support for Bermuda EBS activities, including financial reporting and attributions, new deal integration, model updates, management of topsides & simplifications, and regulatory examinations/reviews.

Model Risk Management

  • Oversee and manage ERM support for all ALM-related models to ensure proper usage given limitations, consistency and appropriateness of methodology across models, and compliance with model risk management standards.
  • Support broader model risk and operational risk functions under the direction of the Model Risk Officer.
  • Ensure model risk policies, standards, and procedures are met to comply with internal governance and regulatory requirements for ALM-related models.
  • Provide input to the MRO on the Model Governance Committee with regard to model risk matters, and develop model risk reporting and documentation to support audit or other external reviews.

People Management

  • Manage an actuarial student and any other direct team members; manage timeline, sequencing and resources for model reviews which include tactical and SME support from other ERM team members. 

What You Will Have:

  • 10+ years of related experience with long-term insurance liabilities.
  • Strong Life & Annuity and financial modeling experience; ideally a credentialed actuary or someone with deep expertise in insurance ALM projections.
  • Deep knowledge of life and annuity insurance/reinsurance, ALM, and capital frameworks.
  • Working knowledge of the Bermuda EBS reserve and capital framework.
  • Strong understanding of market, credit, and insurance risks affecting long-term liabilities.
  • Strong analytical skills with the ability to independently hold and defend a risk position.
  • Experience using economic capital models for business decisions and solvency monitoring.
  • Experience managing multiple stakeholders, including subsidiary/parent relationships.
  • Experience with various software packages commonly used in actuarial practice such as Microsoft Office (e.g., Excel, PowerPoint), Actuarial projections (e.g., AXIS, SLOPE, Prophet), programming languages (e.g., Julia, Python, C++).
  • Collaborative skills and gravitas to manage risk issues across long-term businesses.

#LI-Hybrid

Apply