1

Model Risk Management Jobs in Alabama (NOW HIRING)

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

Model-Based Systems Engineer

Athens, AL · On-site

$107K - $195K/yr

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

Model-Based Systems Engineer

Madison, AL · On-site

$107K - $195K/yr

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

Model-Based Systems Engineer

Athens, AL · On-site

$107K - $195K/yr

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a ... Risk Management, and Reliability Analysis will be treated preferentially. Success in this ...

next page

Showing results 1-20

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 Jun 19, 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 are the key skills and qualifications needed to thrive in the Model Risk Management position, 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 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 is a Model Risk Management job?

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 is the salary of model risk validation?

Model risk validation professionals typically earn between $80,000 and $150,000 annually, depending on experience, location, and the size of the organization. Senior roles or those with specialized skills in statistical modeling and regulatory knowledge can earn higher salaries, often exceeding $180,000. Certifications such as FRM or CFA can also influence compensation in this field.

Is model risk management a good career?

Model risk management is a specialized field focused on identifying and mitigating risks associated with financial and statistical models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is in demand within financial institutions, regulatory agencies, and consulting firms, making it a stable career choice for those interested in risk analysis and quantitative methods.

What do model risk managers do?

Model risk managers are responsible for identifying, assessing, and mitigating risks associated with financial and operational models used within an organization. They review model assumptions, validate model performance, and ensure compliance with regulatory standards, often using specialized tools and techniques. Their work helps prevent model errors from leading to financial loss or regulatory issues.

What is the highest paying risk management job?

In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills, especially in financial institutions or large corporations.
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:
Infographic showing various Model Risk Management job openings in Alabama as of June 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $74,623 per year, or $35.9 per hour.
Model-Based Systems Engineer

Model-Based Systems Engineer

Leidos

Madison, AL

$107K - $195K/yr

Full-time

Medical, Retirement, PTO

Posted 8 days ago


Leidos rating

8.4

Company rating: 8.4 out of 10

Based on 146 frontline employees who took The Breakroom Quiz

56th of 428 rated business services


Job description

Description

Looking for an opportunity to make an impact?

At Leidos, we deliver innovative solutions through the efforts of our diverse and talented people who are dedicated to our customers’ success. We empower our teams, contribute to our communities, and operate sustainably. Everything we do is built on a commitment to do the right thing for our customers, our people, and our community. Our Mission, Vision, and Values guide the way we do business.

Your greatest work is ahead!

Leidos’ Defense Systems Land Systems is seeking a Systems Engineer to join the IFPC Inc 2 systems engineering team. The IFPC Inc 2 is a ground-based, mobile system that aims to combat cruise missiles and unmanned aircraft systems. As part of the Indirect Fire Protection Capability program (IFPC), the system protects and defends civilian and military infrastructure and bridges the gap between tactical short range air defense systems and our strategic systems.

This Model-Based Systems Engineer will join a team of seven other systems engineers, led by a senior systems engineer. In this role the Model-Based Systems Engineer will work with the broader engineering team to develop systems engineering artifacts in a Model-Based Systems Engineering environment using SysML and Cameo, including Requirements Specifications, Test Procedures, Test Reports, and CONOPS.

The selected candidate will interface with program management and design engineers to support a program’s systems engineering needs throughout its design life cycle, including modeling system behavior, defining the system architecture, dictating system interfaces, performing requirements verification, and helping develop test schemes. The selected candidate may present the systems engineering artifacts they have developed to the customer in formal design reviews and may serve as a customer liaison for MBSE content. The Model-Based Systems Engineer will need to work independently on these efforts, defining their own tasking derived from customer needs and contractual documents, but MBSE technical oversight will be provided when needed. Each effort will require different specific model artifacts, but broadly the Model-Based Systems Engineer will use Cameo Systems Modeler and SysML to develop requirements specifications, system architecture content (bdd / ibd), and system behavioral content (act / stm). This position does not necessarily require an MBSE Subject Matter Expert, but the role does minimally require experience working independently on MBSE models, some model customization, and the ability to communicate with non-Systems Engineering stakeholders who are less familiar with MBSE approaches.

The Model-Based Systems Engineer will work in a matrixed organization, which supports multiple programs at once in a variety of engineering fields with all different team environments. When the efforts end, the Model-Based Systems Engineer will have the opportunity to support a different program in the matrixed engineering portfolio. A candidate with experience in other systems engineering areas such as Lead Systems Engineering, Human Factors Engineering, Risk Management, and Reliability Analysis will be treated preferentially. Success in this organization often leads to leadership positions in Model-Based Systems Engineering, Systems Engineering, and Systems Engineering Integration and Test (SEIT).

If this sounds like the kind of environment where you can thrive, keep reading!

Leidos Defense Systems Sector provides a diverse portfolio of systems, solutions, and services covering land, sea, air, space, and cyberspace for customers worldwide. Solutions for Defense include enterprise and mission IT, large-scale intelligence systems, command and control, geospatial and data analytics, cybersecurity, logistics, training, and intelligence analysis and operations support. Our team is solving the world’s toughest security challenges for customers with “can’t fail” missions. To explore and learn more, click here!

Are you ready to make an impact? Share your resume with us today!

Basic Qualifications

  • A Bachelor’s degree in Systems Engineering, Software Engineering, Computer Science, Computer Engineering, Electrical Engineering, Mechanical Engineering, Aerospace Engineering, or equivalent degree from an ABET-accredited university with 8+ years of experience or an MS with 6+ years.

  • Experience using MagicDraw, Cameo Systems Modeler and/or other Model Based System Engineering (MBSE) modeling tools

  • Position requires candidates to be capable of performing in a collaborative engineering environment working closely with multi-disciplinary teams.

  • Demonstrated experience effectively communicating within a team environment.

  • Resident of the North Alabama area or willing to relocate to the Huntsville - North Alabama, AL area.

  • Possess a secret clearance or ability to obtain.

Preferred Qualifications

Preference shown to candidates who possess a Master of Science in System Engineering from an ABET-accredited university, and/or have at least 2-4 years of direct systems engineering experience.

Preferred candidates will also have experience and/or working knowledge with:

  • Demonstrated experience effectively leading a team of engineers.

  • Demonstrated experience accurately estimating the engineering effort (i.e. hours) associated with Systems Engineering tasks.

  • Understanding of the DoD acquisition processes and methods

  • Experience supporting one or more DoD programs

  • Object Management Group (OMG) Certified System Modeler Professional (OCSMP) certification

  • INCOSE Systems Engineering Professional (SEP) certification (ASEP or CSEP)

If you're looking for comfort, keep scrolling. At Leidos, we outthink, outbuild, and outpace the status quo — because the mission demands it. We're not hiring followers. We're recruiting the ones who disrupt, provoke, and refuse to fail. Step 10 is ancient history. We're already at step 30 — and moving faster than anyone else dares.

Original Posting:June 11, 2026

For U.S. Positions: While subject to change based on business needs, Leidos reasonably anticipates that this job requisition will remain open for at least 3 days with an anticipated close date of no earlier than 3 days after the original posting date as listed above.

Pay Range:Pay Range $107,900.00 - $195,050.00

The Leidos pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law.

About Leidos

Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 47,000 global employees, Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025. For more information, visit www.Leidos.com.

Pay and Benefits

Pay and benefits are fundamental to any career decision. That's why we craft compensation packages that reflect the importance of the work we do for our customers. Employment benefits include competitive compensation, Health and Wellness programs, Income Protection, Paid Leave and Retirement. More details are available at www.leidos.com/careers/pay-benefits.

Securing Your Data

Beware of fake employment opportunities using Leidos’ name. Leidos will never ask you to provide payment-related information during any part of the employment application process (i.e., ask you for money), nor will Leidos ever advance money as part of the hiring process (i.e., send you a check or money order before doing any work). Further, Leidos will only communicate with you through emails that are generated by the Leidos.com automated system – never from free commercial services (e.g., Gmail, Yahoo, Hotmail) or via WhatsApp, Telegram, etc. If you received an email purporting to be from Leidos that asks for payment-related information or any other personal information (e.g., about you or your previous employer), and you are concerned about its legitimacy, please make us aware immediately by emailing us at LeidosCareersFraud@leidos.com.

If you believe you are the victim of a scam, contact your local law enforcement and report the incident to the U.S. Federal Trade Commission.

Commitment to Non-Discrimination

All qualified applicants will receive consideration for employment without regard to sex, race, ethnicity, age, national origin, citizenship, religion, physical or mental disability, medical condition, genetic information, pregnancy, family structure, marital status, ancestry, domestic partner status, sexual orientation, gender identity or expression, veteran or military status, or any other basis prohibited by law. Leidos will also consider for employment qualified applicants with criminal histories consistent with relevant laws.


What Leidos employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Leidos logo

About Leidos

Sourced by ZipRecruiter

At Leidos, we deliver innovative solutions through the efforts of our diverse and talented people who are dedicated to our customers' success. We empower our teams, contribute to our communities, and operate sustainable practices. Everything we do is built on a commitment to do the right thing for our customers, our people, and our community.

Industry

It services

Company size

10,000+ Employees

Headquarters location

Reston, VA, US

Social media