... models and unique project needs for new business ventures and unique projects; evaluate existing ... Qualifications: • Bachelor's degree in Insurance, Risk Management, Finance, Business ...
... models and unique project needs for new business ventures and unique projects; evaluate existing ... Qualifications: • Bachelor's degree in Insurance, Risk Management, Finance, Business ...
BIM Modeler
Woburn, MA · On-site +1
$28 - $45/hr
We disrupt the security landscape through data-driven risk management, safeguarding critical assets ... Support model audits and quality checks under the direction of the BIM Manager or Project Lead
BIM Modeler
Woburn, MA · On-site +1
$28 - $45/hr
We disrupt the security landscape through data-driven risk management, safeguarding critical assets ... Support model audits and quality checks under the direction of the BIM Manager or Project Lead
Develop data models and governance practices that support Risk reporting, compliance, information ... Stay current on Risk Management, Firm, and Big Law reporting practices and metrics. Collaboration ...
Develop data models and governance practices that support Risk reporting, compliance, information ... Stay current on Risk Management, Firm, and Big Law reporting practices and metrics. Collaboration ...
Senior Risk Manager
Boston, MA · On-site
... Management Institute, ISO 31000). * Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule. * Experience in conceptualizing and developing risk models using ...
Senior Risk Manager
Boston, MA · On-site
... Management Institute, ISO 31000). * Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule. * Experience in conceptualizing and developing risk models using ...
Senior Risk Manager
Boston, MA · On-site
... Management Institute, ISO 31000). * Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule. * Experience in conceptualizing and developing risk models using ...
Senior Risk Manager
Boston, MA · On-site
... Management Institute, ISO 31000). * Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule. * Experience in conceptualizing and developing risk models using ...
Senior Risk Manager
Boston, MA · On-site
... Management Institute, ISO 31000). * Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule. * Experience in conceptualizing and developing risk models using ...
Senior Risk Manager
Boston, MA · On-site
... Management Institute, ISO 31000). * Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule. * Experience in conceptualizing and developing risk models using ...
Head of Balance Sheet Risk
Boston, MA · On-site
Modeling process evolution: Collaborate with the Chief Actuary, Treasurer, Investment Management ... Present risk analysis, insights, and recommendations to the Investment Oversight Committee ...
Head of Balance Sheet Risk
Boston, MA · On-site
Modeling process evolution: Collaborate with the Chief Actuary, Treasurer, Investment Management ... Present risk analysis, insights, and recommendations to the Investment Oversight Committee ...
Senior Manager, Enterprise Actuarial - Catastrophe Risk Management
Boston, MA · On-site
$120K - $198K/yr
Travelers Enterprise Catastrophe Risk Management is seeking a Senior Manager to join our Actuarial ... Catastrophe modeling experience is a plus but not required. Success in this role requires strong ...
Senior Manager, Enterprise Actuarial - Catastrophe Risk Management
Boston, MA · On-site
$120K - $198K/yr
Travelers Enterprise Catastrophe Risk Management is seeking a Senior Manager to join our Actuarial ... Catastrophe modeling experience is a plus but not required. Success in this role requires strong ...
... manage, and monitor portfolio risk across a wide range of asset classes. Our flagship risk system supports complex risk modeling, valuation, and scenario analysis, and is central to the firm's risk ...
... manage, and monitor portfolio risk across a wide range of asset classes. Our flagship risk system supports complex risk modeling, valuation, and scenario analysis, and is central to the firm's risk ...
Finance Risk Senior Manager
Boston, MA · On-site
Underpinned by technology, data, analytics, AI, change management, talent and sustainability ... models to get ready for the future, we solve our clients' toughest problems.Visit us here to find ...
New
Finance Risk Senior Manager
Boston, MA · On-site
Underpinned by technology, data, analytics, AI, change management, talent and sustainability ... models to get ready for the future, we solve our clients' toughest problems.Visit us here to find ...
New
A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Strategists with the Portfolio Management teams. They will also ...
A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Strategists with the Portfolio Management teams. They will also ...
A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Strategists with the Portfolio Management teams. They will also ...
A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Strategists with the Portfolio Management teams. They will also ...
A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Strategists with the Portfolio Management teams. They will also ...
A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Strategists with the Portfolio Management teams. They will also ...
Manage and lead within a matrix of dedicated and assigned resources across a hybrid centralized and federated risk management operating model. * Work with HR and Communications team to coordinate and ...
Manage and lead within a matrix of dedicated and assigned resources across a hybrid centralized and federated risk management operating model. * Work with HR and Communications team to coordinate and ...
Manage and lead within a matrix of dedicated and assigned resources across a hybrid centralized and federated risk management operating model. * Work with HR and Communications team to coordinate and ...
Manage and lead within a matrix of dedicated and assigned resources across a hybrid centralized and federated risk management operating model. * Work with HR and Communications team to coordinate and ...
Gain exposure to data governance, model governance, AI governance, and risk management practices. * Deliver a final presentation to leadership highlighting your accomplishments and key learnings from ...
Gain exposure to data governance, model governance, AI governance, and risk management practices. * Deliver a final presentation to leadership highlighting your accomplishments and key learnings from ...
Data Risk Manager
Boston, MA · On-site
Underpinned by technology, data, analytics, AI, change management, talent and sustainability ... Operating model and transformation experience from front- and back-office Compensation at Accenture ...
New
Data Risk Manager
Boston, MA · On-site
Underpinned by technology, data, analytics, AI, change management, talent and sustainability ... Operating model and transformation experience from front- and back-office Compensation at Accenture ...
New
Gain exposure to data governance, model governance, AI governance, and risk management practices. * Deliver a final presentation to leadership highlighting your accomplishments and key learnings from ...
Gain exposure to data governance, model governance, AI governance, and risk management practices. * Deliver a final presentation to leadership highlighting your accomplishments and key learnings from ...
AI Orchestration Engineer
Quincy, MA · On-site
$90K - $157K/yr
Implement Responsible AI guardrails, governance controls, and model risk management processes. * Build AI observability, evaluation, telemetry, and performance measurement solutions. Education ...
AI Orchestration Engineer
Quincy, MA · On-site
$90K - $157K/yr
Implement Responsible AI guardrails, governance controls, and model risk management processes. * Build AI observability, evaluation, telemetry, and performance measurement solutions. Education ...
... risk model building, implementation, invocation, and an appetite for collaborating with risk managers and investors to integrate quantitative models into their investment process. The candidate ...
... risk model building, implementation, invocation, and an appetite for collaborating with risk managers and investors to integrate quantitative models into their investment process. The candidate ...
Model Risk Management information
See Massachusetts salary details
$39.9K - $49.9K
4% of jobs
$49.9K - $60K
13% of jobs
$67.3K is the 25th percentile. Wages below this are outliers.
$60K - $70.1K
11% of jobs
$70.1K - $80.2K
16% of jobs
The median wage is $82.7K / yr.
$80.2K - $90.2K
25% of jobs
$95.3K is the 75th percentile. Wages above this are outliers.
$90.2K - $100.3K
13% of jobs
$100.3K - $110.4K
8% of jobs
$110.4K - $120.5K
3% of jobs
$120.5K - $130.6K
1% of jobs
$130.6K - $140.6K
1% of jobs
$140.6K - $150.7K
5% of jobs
$39.9K
$89.9K
$150.7K
How much do model risk management jobs pay per year?
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?
What are the most commonly searched types of Model Risk Management jobs in Massachusetts?
The most popular types of Model Risk Management jobs in Massachusetts are:
What are popular job titles related to Model Risk Management jobs in Massachusetts?
For Model Risk Management jobs in Massachusetts, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Massachusetts look for?
The top searched job categories for Model Risk Management jobs in Massachusetts are:
What cities in Massachusetts are hiring for Model Risk Management jobs?
Cities in Massachusetts with the most Model Risk Management job openings:

Director, Risk Management - Data Center & Enterprise Services
Boston, MA • On-site
Full-time
Re-posted 2 days ago
Turner Construction rating
7.6
Based on 70 frontline employees who took The Breakroom Quiz
Job description
Headquarters
Project Location(s):
New York, NY 10001 USA
Minimum Years Experience:
10
Travel Involved:
Job Type:
Regular
Job Classification:
Experienced
Education:
Bachelors Degree
Job Family:
Insurance and Claims
Compensation:
Salaried Exempt
This position can be performed from any of the company's U.S. offices.
Position Description:
Oversee, lead, and direct insurance placements for internal stakeholders regarding data center projects and enterprise services markets
Essential Duties & Key Responsibilities:
• Lead strategy of insurance coverages and program development for Data Centers projects and Enterprise Services groups.
• Analyze, review, and approve quotes for insurance placements within approval authority; present analysis and make recommendations to leadership for placements outside approval authority.
• Develop, recommend, and manage coverage needs and proactively assess impact of evolving company business needs on coverage, market conditions, and program renewals.
• Foster relationships and build partnerships with insurance brokers and carriers.
• Lead business discussion to understand business models and unique project needs for new business ventures and unique projects; evaluate existing insurance programs for applicability for identified risks.
• Create risk register to understand impact on profitability and work with insurance partners to mitigate, manage, and/or transfer risk.
• Participate in all broker and client stewardship meetings.
• Authority to bind insurance coverage independently and within approved authority for company.
• Liaise with key stakeholders to assess evolving business ventures, ensuring alignment between potential risks and appropriate insurance coverage.
• Serve as subject matter expert on technical insurance programs and serve as escalation contact for questions.
• Contribute technical content for insurance training materials.
• Participate in industry events, represent company and set standards as industry leader.
• Other activities, duties, and responsibilities as assigned.
- Qualifications:
• Bachelor's degree in Insurance, Risk Management, Finance, Business Administration or similar program; and a minimum of 10 years of experience in insurance or risk management or claims with emphasis on construction; or equivalent combination of education, training and/or experience.
• Broker, Insurance Consultant, or Public Adjuster license required, and/or valid JD with law license, required
• Risk management CPCU, ARM or similar insurance designation, preferred
• Construction industry risk management experience, desired
• Firm understanding of contracts and insurance documents
• Align complex business needs with insurance market trends
• Demonstrate executive level negotiation and influencing skills
• Build engaging partnerships with team and organizational stakeholders through trust, teamwork and direct communication
• Advanced executive level presentation skills, anticipate needs of technical and non-technical audiences and tailor communications appropriately
• Advanced project leadership skills, able to manage concurrent complex projects and tasks successfully to completion
• Critical organizational analysis skills with high analytical problem-solving skills
• Advanced at processing and breaking down data into actionable information and presenting solutions
• Leader with organizational management skills, capable of directing, managing, and developing regional teams
• Proficient computer skills, Microsoft suite of applications, MS Outlook, and insurance-based risk management information systems
• Regular travel; travel modes include air, train, vehicle, and international travel as needed
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle, or feel objects, tools, or controls; and reach with hands, talk, and hear. The employee frequently views a computer monitor and frequently uses a computer keyboard. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. The employee is regularly required to be mobile and the employee regularly travels both short and long distances via a variety of conveyances. The employee occasionally performs work on-site at construction work sites, office locations, and/or off-site venues. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee regularly works in an office or remote setting. The noise in the work environment is usually quiet to moderate in an office setting. While performing the duties of this job, the employee may occasionally work at construction work sites where the employee is exposed to moving mechanical parts, high precarious places, fumes or airborne particles, outside weather conditions, and risk of electrical shock. The noise in the construction work environment is usually moderate to loud. The employee is required to work in compliance with company safety policies, procedures, and applicable laws.
Turner is an Equal Opportunity Employer
Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity
VEVRAA Federal Contractor
The salary range for NYC and NJ candidates for this position is estimated to be $166,000 - 247,000
Turner is an Equal Opportunity Employer -minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.
VEVRAA Federal Contractor
What Turner Construction employees say
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About Turner Construction
Sourced by ZipRecruiter
Turner Construction, headquartered in New York, NY, US, is a recognized leader in the construction industry. It was established in 1902 and has since curved its niche as one of the most reputable construction firms. Turner Construction provides a broad range of services like general contracting, construction management, design-build, and consulting. Devoted to environment-friendly building practices, it is considered a pioneer in green building and sustainability efforts. Their top-tier projects include Madison Square Garden, Yankee Stadium, and the United Nations Secretariat Building in New York City. The company's mission is to deliver an exceptional product by relentless commitment to their core principles – teamwork, integrity, commitment, and community.
Industry
Construction
Company size
10,000+ Employees
Headquarters location
New York, NY, US
Year founded
1902