ZipRecruiter

Log In

1

Model Risk Management Jobs in Alabama (NOW HIRING)

Ryan Specialty

Catastrophe Risk Analyst

Birmingham, AL

$72K - $90K/yr

The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...

Ryan Specialty

Catastrophe Risk Analyst

Birmingham, AL · On-site

$72K - $90K/yr

The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...

PNC Bank

LOB Risk Lead

Birmingham, AL · On-site

Enterprise Risk Management Framework Operational Risk Management Standards OCC Heightened Standards Regulatory expectations for model governance and risk measurement Industry frameworks (NIST, FAIR ...

Avion Solutions

Risk Manager

Huntsville, AL · On-site

Experience in risk management within PEO Aviation, or other highly regulated industries * Hands-on experience with ARM/Power BI, including dashboard creation, data modeling, and visualization for ...

Regions Bank

Credit Risk Review Examiner

Birmingham, AL · On-site

They identify issues that require management attention and will communicate and summarize review ... models, understanding portfolio valuation techniques, etc. * Proposes appropriate ratings and risk ...

Leidos

Systems Engineer / Risk Manager

Huntsville, AL · On-site

$87K - $157K/yr

Experience in performing risk management for Defense applications on large-scale programs at various points in the systems development lifecycle. * Experience using MagicDraw, Cameo Systems Modeler ...

Via Logic LLC

Systems Engineer / Risk Manager

Huntsville, AL · On-site

$87.10 - $157.45/hr

This Systems Engineer will primarily perform Risk Management for multiple Hypersonics contracts ... Object Management Group (OMG) Certified System Modeler Professional (OCSMP) certification * INCOSE ...

New

Leidos

Systems Engineer / Risk Manager

Huntsville, AL · On-site

$87K - $157K/yr

Experience in performing risk management for Defense applications on large-scale programs at various points in the systems development lifecycle. * Experience using MagicDraw, Cameo Systems Modeler ...

next page

Showing results 1-20

All JobsModel Risk Management JobsModel Risk Management Jobs in Alabama

Model Risk Management information

See Alabama salary details

$33.1K

$74.6K

$125.1K

How much do model risk management jobs pay per year?

As of Aug 20, 2026, the average yearly pay for model risk management in Alabama is $74,623.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,600.00 and $82,000.00 per year, depending on experience, location, and employer.

What is a model risk management?

A Model Risk Management (MRM) job involves identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. Professionals in this role ensure models are accurate, reliable, and comply with regulatory requirements by conducting validation, testing, and performance monitoring. They work closely with model developers, risk teams, and auditors to manage model lifecycle processes. Strong quantitative, analytical, and regulatory knowledge are key skills for success in this field.

What are some common challenges faced by professionals in model risk management roles?

Professionals in Model Risk Management commonly encounter challenges such as evolving regulatory requirements, the complexity of advanced financial models, and ensuring effective communication between technical and non-technical stakeholders. Staying current with industry best practices while rigorously validating and documenting models can be demanding but is critical for reducing financial and operational risks. Team members often work cross-functionally, collaborating closely with quants, risk managers, and IT teams to evaluate model performance and implement improvements. Adapting to new analytical tools and maintaining a proactive approach to emerging risks will help you succeed and grow in this dynamic field.

What are the key skills and qualifications needed to thrive in model risk management, and why are they important?

To excel in Model Risk Management, a professional needs a strong grounding in quantitative finance, statistics, and risk assessment, often backed by advanced degrees in relevant fields. Familiarity with technical tools such as Python, R, SAS, and model validation platforms, along with relevant certifications like FRM or CFA, is highly beneficial. Exceptional communication skills, attention to detail, and critical thinking help individuals stand out when interacting with model developers and risk committees. Mastery of these abilities ensures thorough risk analysis, regulatory compliance, and effective mitigation of financial model risks within the organization.

What does a model risk management do?

A model risk management professional oversees the identification, assessment, and mitigation of risks associated with financial and operational models. They ensure models are accurate, reliable, and compliant with regulations, often using validation tools and statistical analysis. This role helps prevent financial loss and supports decision-making processes within organizations.

What are the most commonly searched types of Model Risk Management jobs in Alabama?

The most popular types of Model Risk Management jobs in Alabama are:

What are popular job titles related to Model Risk Management jobs in Alabama?

For Model Risk Management jobs in Alabama, the most frequently searched job titles are:

What job categories do people searching Model Risk Management jobs in Alabama look for?

The top searched job categories for Model Risk Management jobs in Alabama are:

What cities in Alabama are hiring for Model Risk Management jobs?

Cities in Alabama with the most Model Risk Management job openings:

Model Risk Management jobs near you
Infographic showing various Model Risk Management job openings in Alabama as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, and 4% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $74,623 per year, or $35.9 per hour.

Catastrophe Risk Analyst

Ryan Specialty

Birmingham, AL

$72K - $90K/yr

Full-time

PTO

Posted 29 days ago

Job description

Position Summary

The Catastrophe Risk Analyst role involves critical assessment and management of the company's exposure to natural and man-made catastrophes. The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies.

What will your job entail?

Responsibilities
  • Conduct detailed analysis of catastrophe risks, including earthquakes, hurricanes, floods, and other natural disasters.
  • Utilize catastrophe modeling software to assess potential losses and develop risk scenarios.
  • Collaborate with underwriters, actuaries, and other stakeholders to evaluate risk exposure and pricing strategies.
  • Monitor industry trends and regulatory changes related to catastrophe risk management.
  • Prepare reports and presentations for senior management, highlighting risk exposure and mitigation strategies.
  • Develop and maintain catastrophe risk models, ensuring accuracy and reliability.
  • Participate in cross-functional teams to enhance risk assessment processes and improve risk management practices.
Qualifications

Work Experience and Education

  • Bachelor's degree in Risk Management, Mathematics, Statistics, Finance, Actuarial Science, Economics, or related quantitative field with 2 years of related experience; or equivalent work experience.
  • Certified Catastrophe Risk Analyst (CSCR) or Certified Catastrophe Risk Management Professional (CCRMP) is preferred.

Technical Skills

  • Quantitative Analysis
  • Risk Assessment
  • Project Management
  • Insurance Knowledge
  • Experience with AIR/RMS is preferred

Behavioral Skills

  • Effective Communication
  • Team-oriented mindset
  • Attention to Detail
  • Decision Making
  • Problem-Solving
  • Continuous Learning

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization.Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression,sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners,and communities.This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $72,000.00 - $90,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Apply