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Model Risk Manager Jobs in Iowa (NOW HIRING)

CAT MODELER

Des Moines, IA · On-site +1

$53.50 - $69.25/hr

Provide catastrophe model outputs for economic capital modeling, stress testing, ORSA reporting, BCAR/rating agency analysis, and enterprise risk management. * Translate technical results into clear ...

CAT MODELER

Des Moines, IA · On-site +1

$89K - $154K/yr

Provide catastrophe model outputs for economic capital modeling, stress testing, ORSA reporting, BCAR/rating agency analysis, and enterprise risk management. * Translate technical results into clear ...

CAT MODELER

Des Moines, IA · On-site +1

$53.50 - $69.25/hr

Provide catastrophe model outputs for economic capital modeling, stress testing, ORSA reporting, BCAR/rating agency analysis, and enterprise risk management. * Translate technical results into clear ...

Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... Modeling and reinforcing professional and technical standards, including the Firm's code of conduct ...

Own and continuously improve model risk management governance for AI products and internal AI tools, incorporating emerging risks, trends, and regulatory expectations. * Conducts risk assessments on ...

New

Data Science Lead

Des Moines, IA · On-site

$121K - $146K/yr

Ensure solutions align with utility regulatory, cybersecurity, and privacy requirements, and with corporate Responsible AI and model risk management policies. Partner with Security/Legal to complete ...

... management decision-making. * Develop andmaintainanalytical frameworks to assess the impact of model changes on financial reporting, capital, and risk metrics. * Investigate and explain material ...

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Showing results 1-20

Model Risk Manager information

See Iowa salary details

$48.4K

$104.8K

$159.7K

How much do model risk manager jobs pay per year?

As of Jul 9, 2026, the average yearly pay for model risk manager in Iowa is $104,781.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,500.00 and $121,200.00 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 Iowa? For Model Risk Manager jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Iowa look for? The top searched job categories for Model Risk Manager jobs in Iowa are:
R&I Managed Services Deals Desk Senior Manager

R&I Managed Services Deals Desk Senior Manager

Pwc

Des Moines, IA • On-site

$91K - $321K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 15 days ago


PwC rating

8.3

Company rating: 8.3 out of 10

Based on 75 frontline employees who took The Breakroom Quiz

21st of 58 rated business consultants


Job description

Industry/Sector

Not Applicable

Specialism

IFS - Risk & Quality (R&Q)

Management Level

Senior Manager

Job Description & Summary

The Opportunity
As a Senior Manager in the R&I Managed Services Deals Desk, you will play a pivotal role within our Internal Firm Services practice, focusing on enterprise risk management. You will be responsible for identifying and mitigating potential risks that could impact an organization's operations and objectives, developing business strategies to navigate risks in a rapidly changing business environment. As a Senior Manager, you will leverage your skills and network to deliver quality results, motivating and coaching teams to solve complex problems. You will apply sound judgment, recognizing when to take action and when to escalate, while fostering high-performing, diverse, and inclusive teams.
In this role at PwC, you will craft and convey clear, impactful messages that tell a holistic story, applying systems thinking to identify underlying problems and opportunities. You will validate outcomes with clients, share alternative perspectives, and act on feedback, directing the team through complexity with composure. Your commitment to excellence and ability to initiate open and honest coaching conversations will contribute to the success of our firm. This opportunity allows you to deepen your skills, evolve your professional capabilities, and make difficult decisions to resolve issues hindering team effectiveness.
Responsibilities
- Leading the development and implementation of enterprise risk management strategies to navigate complex regulatory landscapes
- Identifying and mitigating potential risks that could impact organizational operations and objectives
- Crafting and conveying clear, impactful messages that tell a holistic story to stakeholders
- Applying systems thinking to identify underlying problems and opportunities within risk management frameworks
- Validating outcomes with clients and acting on feedback to enhance risk mitigation strategies
- Directing teams through complex and ambiguous situations, maintaining composure and focus
- Developing and sustaining high-performing, diverse, and inclusive teams to drive operational excellence
- Initiating open and honest coaching conversations to foster team growth and effectiveness
- Making informed decisions to resolve issues hindering team performance and project success
- Modeling and reinforcing professional and technical standards, including adherence to regulatory guidelines and the firm's code of conduct
What You Must Have
- At least a High School Diploma or the equivalent degree
- At least 6 years of experience
What Sets You Apart
- Preference for at least one of the following fields of study: Accounting, Business Administration/Management, Computer Science/Information Systems, Cybersecurity, Finance, Risk Management/Insurance
- Demonstrating advanced skills in Enterprise Risk Management (ERM)
- Utilizing Business Process Improvement to enhance operational efficiency
- Excelling in Contractual Risk Mitigation and Negotiation Coaching
- Applying systems thinking to identify underlying problems and opportunities
- Leading teams through complex and ambiguous situations
- Crafting and conveying clear, impactful messages that tell a holistic story

Travel Requirements

Up to 20%

Job Posting End Date

The salary range for this position is: $91,000 - $321,500. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAs PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlines

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