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Model Risk Manager 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 ...

In this role the Model-Based Systems Engineer will work with the broader engineering team to ... 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 ...

Showing results 21-40

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 Aug 21, 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 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 skills and qualifications are needed to be a model risk manager?

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 are 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 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 cities in Alabama are hiring for Model Risk Manager jobs?

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

Infographic showing various Model Risk Manager job openings in Alabama as of August 2026, with employment types broken down into 84% Full Time, 12% Part Time, and 4% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $101,113 per year, or $48.6 per hour.

Business Insurance Sr. Risk Control Consultant

NACBA

Montgomery, AL • On-site

$95 - $140/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New


Job description

Our not-so-secret sauce. Award-winning, inclusive, Top Workplace culture doesn't happen overnight. It's a result of hard work by extraordinary people. More than 11,000 of the industry's brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can thrive as Business Insurance Sr. Risk Control Consultant at Marsh McLennan Agency (MMA). MMA provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 200 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world's leading professional services firm, Marsh (NYSE: MRSH). Applicants must be within driving distance and have the ability to commute to a local MMA Southeast office to be considered for this role.

A day in the life.

As a Business Insurance Sr. Risk Control Consultant, you will:

  • Provide value-added loss prevention and risk control services to a diverse portfolio of commercial transportation clients across multiple industries, including long-haul trucking, construction, and clients with local/regional fleet operations
  • Establish and maintain trusted risk management relationships with clients operating fleets of all sizes - from single-unit contractors hauling equipment trailers to large-scale over-the-road trucking operations
  • Evaluate driver safety exposures, fleet operational controls, and regulatory compliance posture, delivering practical and effective risk improvement recommendations
  • Actively promote transportation risk control capabilities in new business development opportunities, articulating value to prospective clients and carrier partners
  • Assess Commercial Auto/Fleet, General Liability, Workers' Compensation, Cargo, and Crime exposures, providing insightful feedback on existing controls and gaps requiring attention
  • Develop comprehensive risk assessment reports for both external clients and internal stakeholders, clearly communicating exposure findings and prioritized corrective actions
  • Serve as the primary liaison for transportation loss control activities between the client and their insurance carrier(s), facilitating communication and driving accountability
  • Monitor loss runs and claims data, identify frequency and severity trends, and develop actionable strategies to reduce transportation-related losses
  • Provide clients with current, practical loss control resources, tools, and solutions tailored to their fleet type, size, and operational profile
  • Develop and maintain proactive, customized service plans in collaboration with each client, ensuring alignment with their operational goals and risk tolerance
  • Design and deliver effective driver safety and DOT compliance training programs utilizing PowerPoint and multimedia platforms, covering topics such as Hours of Service (HOS), distracted driving, HazMat, cargo securement, pre/post-trip inspections, and defensive driving
  • Conduct commercial fleet and facility safety assessments, evaluating compliance with applicable DOT, FMCSA, and OSHA standards and recommending appropriate risk control measures
Our future colleague.

We'd love to meet you if your professional track record includes these skills:

  • BS degree in Risk Management, Insurance, or a safety-related discipline is required; MS degree and/or professional designations such as ARM, CSP, CDS (Certified Director of Safety), or SMS (Safety Management Specialist) highly preferred
  • 7+ years of transportation management, fleet risk management, or DOT/FMCSA compliance experience strongly desired; equivalent commercial transportation safety consulting experience may be considered
  • Must be customer service focused with a proven track record of delivering solutions for commercial transportation loss exposures relating to Commercial Auto/Fleet, GL, WC, and Cargo
  • In-depth working knowledge of FMCSA regulations (49 CFR Parts 300-399), including Hours of Service (HOS), Driver Qualification (DQ) files, Drug & Alcohol testing (Part 382), vehicle maintenance (Part 396), cargo securement, and ELD compliance; ability to consult on best practices for managing drivers, assets, and fleet policies and procedures across a wide range of client types and fleet sizes
  • Excellent command of Word, Excel, Outlook, and PowerPoint, with strong presentation and training facilitation skills
  • A shared commitment to company values: Integrity, Collaboration, Passion, Innovation, Accountability

We know there are excellent candidates who might not check all of these boxes. Don't be shy. If you're close, we'd be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside our organization. We've built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of work.

Some benefits included in this role are:

  • Medical, dental and vision insurance
  • 401K and company match program
  • Company-paid life and disability
  • Generous paid time off programs
  • Employee assistance program (EAP)
  • Volunteer paid time off (VTO)
  • Career mobility
  • Employee networking groups
  • Tuition reimbursement and professional development opportunities
  • Charitable contribution match programs
  • Stock purchase opportunities
Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are

EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

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