ZipRecruiter

Log In

1

Model Risk Manager Jobs in Alabama (NOW HIRING)

Avion Solutions

Risk Manager

Huntsville, AL

Hands-on experience with ARM/Power BI, including dashboard creation, data modeling, and visualization for risk tracking * Demonstrated ability to solve complex problems. * Ability to manage multiple ...

Huntington

Cybersecurity Risk Manager

Hoover, AL · On-site +1

$70K - $140K/yr

Bachelor's degree in cybersecurity, risk management, or similar field * Minimum of 5 years of ... modeling * 2 + years' experience with cybersecurity related policy, procedures, or standards ...

Huntington

Cybersecurity Risk Manager

Hoover, AL · On-site +1

$70K - $140K/yr

Bachelor's degree in cybersecurity, risk management, or similar field * Minimum of 5 years of ... modeling * 2 + years' experience with cybersecurity related policy, procedures, or standards ...

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

$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 ...

First Horizon

Credit Model Developer

Birmingham, AL · On-site

Interact with key stakeholder groups such as Accounting, Treasury, Credit, Lines of Business, Model Risk Management, and Enterprise Technology in the design, development, and ongoing usage of models.

PNC Bank

LOB Risk Lead

Birmingham, AL

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

next page

Showing results 1-20

All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Alabama

Model Risk Manager information

See Alabama salary details

$46.7K

$101.1K

$154.1K

How much do model risk manager jobs pay per year?

As of Jul 29, 2026, the average yearly pay for model risk manager in Alabama is $101,113.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,600.00 and $116,900.00 per year, depending on experience, location, and employer.

What are some common challenges a Model Risk Manager faces when validating complex financial models?

Model Risk Managers often encounter challenges such as limited or incomplete data, evolving regulatory requirements, and the need to validate highly complex or proprietary models. They must work closely with model developers, quantitative analysts, and compliance teams to ensure all assumptions and methodologies are sound. Staying up to date with industry best practices and maintaining clear documentation are also crucial, as is effectively communicating findings to both technical and non-technical stakeholders.

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

AspectModel Risk ManagerQuantitative Analyst
Required CredentialsAdvanced degrees in finance, statistics, or mathematics; certifications like FRM or CFADegree in finance, economics, mathematics, or related fields; often CFA or CQF
Work EnvironmentFocus on risk management teams within financial institutions; regulatory complianceAnalytical roles within trading, investment, or banking divisions; model development
Employer & Industry UsageFinancial institutions, banks, asset managersInvestment firms, hedge funds, banks, financial services

The Model Risk Manager primarily oversees and mitigates risks associated with financial models, ensuring compliance and accuracy. In contrast, Quantitative Analysts develop and implement models to support trading, investment, or risk strategies. While both roles require strong quantitative skills and similar credentials, their focus areas differ—risk management versus model development and analysis.

What are the key skills and qualifications needed to thrive as a Model Risk Manager, and why are they important?

To thrive as a Model Risk Manager, you need a solid background in quantitative finance, statistics, or mathematics, often supported by an advanced degree and experience in model development or validation. Familiarity with programming languages such as Python or R, risk management frameworks, and regulatory requirements like SR 11-7 or ECB guidelines is typically expected. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for articulating complex model risks to stakeholders. These competencies are vital for ensuring the accuracy, compliance, and reliability of financial models within an organization.

What does a Model Risk Manager do?

A Model Risk Manager is responsible for identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. They ensure that models are accurate, reliable, and compliant with regulatory standards by overseeing validation processes and monitoring model performance. Their role often includes collaborating with model developers, conducting independent reviews, and implementing model governance frameworks to minimize potential losses or errors stemming from model misuse or inaccuracies.
What are popular job titles related to Model Risk Manager jobs in Alabama? For Model Risk Manager jobs in Alabama, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Alabama look for? The top searched job categories for Model Risk Manager jobs in Alabama are:
What cities in Alabama are hiring for Model Risk Manager jobs? Cities in Alabama with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Alabama as of July 2026, with employment types broken down into 84% Full Time, 13% Part Time, 1% Temporary, and 2% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $101,113 per year, or $48.6 per hour.

Risk Manager

Avion Solutions

Huntsville, AL

Full-time

Re-posted 16 days ago

Job description

Avion Solutions Inc., a 100% employee-owned company, seeks candidates for a Risk Manager to support the Utility Helicopter Product Office. This position is based in Huntsville, AL.

Job Responsibilities/Duties:

  • Serve as overall facilitator of the UHPO Risk, Issue, and Opportunity (RIO) Management Program, including the RIO Working Group (WG) and Review Board (RRB).

  • Develop & maintain UHPO Risk, Issue, and Opportunity Management Plan (RIOMP).

  • Provide RIO management training for customer Product Offices.

  • Oversee comprehensive risk management for the Functional Requirements Authentication Board (FRAB), including identification, analysis, and mitigation of risks identified for program-level and functional reviews.

  • Facilitate risk identification and mitigation planning with Integrated Product Teams (IPTs)

  • Ensure that risks within the RIO management database are current, correct, and complete.

  • Ensure issues identified by an IPT that affect other IPTs are documented, published, and tabled for resolution.

  • Enter and maintain risk data in the Associate in Risk Management (ARM) database (or database identified by customer), and publication of risk reports derived from the ARM management database.

  • Prepare risk briefings, reports, and documents required for program reviews and acquisition milestone decision processes.

  • Perform other tasks assigned by the government Systems Engineering (SE) Lead, to include, but not limited to, reviewing Statement of Work (SOW), Contract Data Requirements List (CDRLs), and other duties as assigned, performing requirements management and traceability, and preparing presentation material for reviews.

  • While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use tools or controls; engage in normal physical activity (reach with hands and arms; climb stairs); and communicate effectively with all levels of employees and leadership. The employee must occasionally lift or move office products and supplies, up to 25 pounds.

  • Other duties as assigned.

Required Experience:

  • Bachelor's degree and 9+ years of relevant experience.

  • General experience in Power Bi/ARM database (or other risk management software) is required.

  • Systems Engineering degree or similar is preferable.

  • Experience working in a fast-paced team environment where problem-solving with creative solutions requires both hard and soft skills to reach agreement among multiple stakeholders.

  • Must be a U.S. citizen and have the ability to obtain/maintain a DoW security clearance.

  • Must be able to travel up to 15% of the time. US travel only.

Preferred Qualifications:

  • Demonstrated ability to work effectively with others, both Government and Contractor, by establishing and developing relationships.

  • 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 risk tracking

  • Demonstrated ability to solve complex problems.

  • Ability to manage multiple tasks simultaneously.

  • Ability to navigate and manipulate various databases.

  • Ability to effectively communicate both orally and in writing.

Equal Opportunity: Avion Solutions, Inc. reaffirms its belief in equal employment opportunity for all employees and applicants. Avion Solutions, Inc. is an Equal Employment Opportunity Employer and a VEVRAA-governed Federal Contractor who affords equal employment opportunity to protected veterans and people with disabilities. Avion Solutions, Inc. provides all employees and job applicants equal employment opportunities in hiring and promotion without regard to age, sex, sexual orientation, marital status, race, religion, color, veteran status, genetic information, physical or mental disability, national origin or any other reason prohibited by law.