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Model Risk Management Jobs in Arkansas (NOW HIRING)

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Model Risk Management information

See Arkansas salary details

$30.2K

$68.1K

$114.1K

How much do model risk management jobs pay per year?

As of Jun 22, 2026, the average yearly pay for model risk management in Arkansas is $68,079.00, according to ZipRecruiter salary data. Most workers in this role earn between $51,700.00 and $74,800.00 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 Arkansas? The most popular types of Model Risk Management jobs in Arkansas are:
What are popular job titles related to Model Risk Management jobs in Arkansas? For Model Risk Management jobs in Arkansas, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Arkansas look for? The top searched job categories for Model Risk Management jobs in Arkansas are:
Infographic showing various Model Risk Management job openings in Arkansas as of June 2026, with employment types broken down into 83% Full Time, 14% Part Time, 2% Contract, and 1% Nights. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $68,079 per year, or $32.7 per hour.
Director of Risk Management

Director of Risk Management

Grady Health System

Grady, AR • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Grady Health System rating

8.1

Company rating: 8.1 out of 10

Based on 49 frontline employees who took The Breakroom Quiz

68th of 875 rated healthcare providers


Job description

Whatever the role, everyone at Grady is part of something bigger. Choosing a career at Grady is choosing to be part of a legacy of service and commitment to our communities. If you want to make a difference, we want to hear from you.

Job Summary

The Director of Risk Management is responsible for leading the organization's approach to identifying, assessing, and reducing risk across clinical and operational environments. This role partners closely with Quality, Clinical, Operational, and Legal leadership to build a proactive, data-driven risk management program that advances patient safety and organizational performance. This position emphasizes front-end risk prevention, system-level thinking, and cross-functional leadership, while ensuring effective coordination with claims and insurance activities.

Qualifications:

  • Bachelor's degree is required.
  • 2 - 4 years leadership experience in healthcare required
  • Current Georgia Licensed Registered Nurse (RN) is preferred.
  • Compliance, legal, internal audit, risk management or similar regulatory/investigatory role experience required
  • Strong leadership, communication, and stakeholder engagement skills preferred.
  • Demonstrated ability to analyze data and translate insights into action preferred.
  • Experience working cross-functionally with clinical, legal, and operational teams preferred.

Responsibilities:

  • Develop and implement an integrated risk management strategy aligned with patient safety and organizational priorities
  • Identify system-level risks and translate findings into actionable operational improvements
  • Serve as a key advisor to leadership on risk trends and mitigation strategies.
  • Lead incident reporting, investigation, and root cause analysis processes
  • Identify trends and emerging risks through data analysis and reporting
  • Partner with clinical and operational leaders to reduce preventable harm and improve outcomes
  • Collaborate with Quality and Patient Safety teams to align risk management efforts with clinical excellence initiatives
  • Support development of programs that strengthen a culture of safety and accountability
  • Partner with legal counsel on claims management processes and case review
  • Ensure risk insights inform claims strategy and organizational learning
  • Support administration of self-insurance and related programs
  • Establish and maintain systems for tracking, trending, and reporting risk data
  • Provide regular reporting and insights to senior leadership
  • Lead cross-functional initiatives across Risk, Quality, Legal, and Operations
  • Influence stakeholders at all levels without direct authority
  • Promote a culture of continuous improvement and shared accountability

Core Competencies
These competencies reflect the values and behaviors expected of all Grady team members, regardless of role. They ensure that every employee contributes to safe, high-quality care, positive patient experience, and a collaborative work environment.


1. Patient-Centered Care - Demonstrates a commitment to delivering safe, compassionate, and high-quality care that prioritizes the well-being and satisfaction of patients and their families.
2.Integrity & Accountability - Acts ethically, maintains confidentiality, and accepts responsibility for actions, decisions, and outcomes.
3.Collaboration & Teamwork - Builds positive relationships, works effectively across departments, and supports colleagues to achieve shared goals.
4. Communication - Communicates clearly, respectfully, and effectively with patients, families, colleagues, and leadership.
5.Respect & Inclusion - Creates an inclusive environment by valuing diversity, treating others with dignity, and ensuring equitable care and opportunities for all.
6. Quality & Safety - Adheres to best practices, regulatory standards, and policies to ensure safe, reliable, and high-quality outcomes.
7. Adaptability & Resilience - Responds effectively to change, remains flexible in dynamic situations, and demonstrates resilience under pressure.
8. Continuous Improvement - Seeks opportunities to improve processes, skills, and outcomes through innovation, learning, and feedback.
9. Leadership & Professionalism - Inspires, guides, and develops individuals and teams while modeling professionalism, fairness, and transparency.
10. Employee Experience Focus - Champions a supportive and engaging employee journey that enables staff to thrive and, in turn, deliver exceptional patient care.


Grady Total Rewards
At Grady, we believe in supporting the health, well-being, and growth of every team member. Our Total Rewards package is designed to provide competitive pay and comprehensive benefits that make a difference in your life and career, including:

  • Health & Wellness: Medical, dental, vision, and prescription drug coverage.

  • Financial Security: Retirement savings plans with employer contributions, life insurance, and disability coverage.

  • Work-Life Balance: Paid time off, holidays, and family leave benefits.

  • Career Growth: Tuition reimbursement, professional development programs, and opportunities for advancement.

  • Employee Support: Employee Assistance Program (EAP), wellness initiatives, and discounts on services.

Grady's Total Rewards are designed to ensure our employees feel valued, supported, and empowered, both at work and beyond.

Why Join Grady?
Grady Health System is more than a hospital - we are a vital part of Atlanta and the surrounding communities. For over 125 years, Grady has been committed to providing exceptional care, advancing health equity, and making a difference in the lives of those we serve. When you join Grady, you become part of a team that values excellence, compassion, innovation, and collaboration.


Here, every role matters. Whether you provide direct patient care, support our operations, or lead teams, you play an important part in fulfilling our mission. We offer opportunities to learn, grow, and build a meaningful career in an environment where your contributions are recognized and valued.


At Grady, we don't just work, we make an impact.


Equal Opportunity Employer Statement:
Grady Health System is proud to be an equal opportunity employer. We are committed to fostering a workforce where all employees feel valued, respected, and empowered to succeed. We prohibit discrimination and harassment of any kind based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other legally protected characteristic.


Grady is dedicated to creating an accessible work environment and provides reasonable accommodations to qualified individuals with disabilities to ensure equitable opportunities for success.


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About Grady Health System

Sourced by ZipRecruiter

Grady Health System offers many career paths for Registered Nurses. Whether you have many years of experience or are in the early stages on your nursing career, you can find a rewarding nursing position at Grady! SUMMARY The Registered Nurse (RN), provides age-appropriate, culturally and ethnically sensitive care, maintains a safe environment, educates patients and their families about healthy practices and treatment modalities, assures continuity of care, coordinates care across settings and among caregivers, manages information, communicates effectively, and utilizes technology. Utilizes the nursing process to provide and plan care

Industry

Health care and social assistance

Company size

5,001 - 10,000 Employees

Headquarters location

Atlanta, GA, US

Year founded

1892

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