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Model Risk Manager Jobs in Michigan (NOW HIRING)

Experience establishing responsible AI, model risk management, and data ethics frameworks. Benefits Summary: * Medical, Dental, Vision, Prescription Drug plans * 401K with 4% Company Match * Vacation ...

We are a longstanding leader in financial planning and advice, a global asset manager and an ... Inform the allowance for credit loss model development and also support the CECL subcommittee ...

Manage and grow a team of AI engineers, ML engineers, and/or software engineers working on AI ... Establish guardrails for responsible AI : data privacy, model risk, transparency, bias awareness ...

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Showing results 1-20

Model Risk Manager information

See Michigan salary details

$44.9K

$97.2K

$148.2K

How much do model risk manager jobs pay per year?

As of Jun 19, 2026, the average yearly pay for model risk manager in Michigan is $97,232.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,400.00 and $112,400.00 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 the most commonly searched types of Model Risk jobs in Michigan? The most popular types of Model Risk jobs in Michigan are:
What cities in Michigan are hiring for Model Risk Manager jobs? Cities in Michigan with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in Michigan as of June 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $97,232 per year, or $46.7 per hour.
New Model Launch Manager (Automotive Mfg)

New Model Launch Manager (Automotive Mfg)

Ford Motor Company

Allen Park, MI • On-site

Full-time

Medical, Dental, Vision, Life, PTO

Posted 20 hours ago


Job description

Job Description
In this position...
The New Model Launch Manager holds a pivotal role in strategically overseeing and directing the successful launch of multiple new vehicle or powertrain models within manufacturing plants. The primary goal is to ensure these launches consistently meet or exceed targets for on-time delivery, budget adherence, and quality levels across multiple programs.
This leadership role is paramount to achieving launch excellence for new vehicle and powertrain models across Ford's North America Manufacturing Plants. The Manager will drive success by leading, mentoring, and empowering a high-performing team of launch supervisors and engineers, fostering a high-performing organization. This leader will collaborate extensively and strategically with diverse cross-functional teams and executive leadership, including Vice Presidents, to implement launch processes and standards, ensuring robust execution and alignment with overall business objectives. This role involves proactive engagement and communication with senior executive leadership on critical launch risks, opportunities, and strategic initiatives.
Responsibilities
What you'll do...
  • Budget Oversight: Accountable for driving and ensuring overall budget adherence across multiple new model launches, identifying opportunities for cost optimization and efficiency.
  • Pre-Production Oversight: Providing oversight and guidance on all activities leading up to the initial prototype and pre-production vehicle builds, ensuring these early builds are cost-effective and meet quality standards.
  • Design Change Approval: Reviewing and approving design changes throughout the product development lifecycle, making sure these changes are supported in pre-production builds and thoroughly tested ("proven out") before the official launch.
  • Organizational Support: Ensure that all necessary facilities, resources, and support infrastructure are in place and optimized to enable efficient operation for multiple on-site launch teams.
  • Systemic Issue Resolution: Oversee the implementation and continuous improvement of issue management systems to proactively track, resolve, and prevent systemic issues that could impact launch success, focusing on cross-program challenges and long-term resolutions.
  • Customer Feedback Integration: Driving the process of addressing concerns raised by early customer feedback vehicles (often called "Voice of the Customer Fleet") and ensuring these issues are resolved before launch.
  • Change Control Management: Managing the new model program's (NMP) involvement in the overall change control process (which may involve electronic approvals), ensuring that any proposed changes are necessary and implemented at the correct time.
  • Risk Mitigation: Leading the development of strategies to reduce risks associated with parts that are not yet at full production quality, including plans to test and validate them for a high-quality launch.
  • Production Readiness Approval: Leading the "Open to Go" process, which includes verifying the origin and quality of parts ("part pedigree") and providing final approval for any deviations or alerts needed for parts not fully approved for production ("PPAP") before critical build events.
  • Plant Issue Tracking: Supporting the manufacturing issue management (often a "whiteboard" process) to ensure issues are resolved promptly.
  • Executive Reporting & Risk Management: Proactively identify, analyze, and dimension complex launch risks across multiple programs, developing comprehensive mitigation plans and clearly articulating strategic status, risks, and opportunities to executive leadership.
  • Meeting Cadence & Coordination: Establish and manage the meeting cadence for on-site launches and provide high-level coordination for ongoing launch activities across programs.
  • Launch Review Presentations: Preparing and presenting comprehensive launch reviews, from early stages through to the "OK to Buy" decision point.
  • Production Readiness Scorecards: Lead the strategic approval process for "OK to Build/Ship/Buy" scorecards at critical project milestones and beyond, ensuring robust scorecard preparation and review at all senior management meetings.
  • On-Site Modifications: Leading the process for any modifications needed on-site, tracking these changes, and working with the plant and suppliers to manage part updates and inventory reduction plans.
  • Lessons Learned: Drive the capture, analysis, and dissemination of lessons learned from launch programs, leveraging these insights to implement best practices and continuous improvement across the entire launch organization.
  • Executive Collaboration & Stakeholder Management: Collaborate extensively and strategically with Launch Specialists, diverse skill teams, and executive leadership (including VPs) to drive integrated solutions, resolve complex challenges, and ensure seamless project execution across all managed programs.
  • Standardization: Promoting consistent practices by adhering to established Launch Quality Standards (LQOS) and driving continuous improvement through Lessons Learned.
  • Talent Development & Organizational Leadership: Accountable for balancing direct report resources across programs based on workload and skill sets, ensuring successful launches. Responsible for talent development, succession planning, and performance management for the launch team.

Travel Requirement: This position requires frequent and extensive travel, including long-term assignments (up to 9-12 months at a time) to support vehicle and powertrain assembly plants during new model launches.
Qualifications
You'll have...
  • Bachelor of Science degree in Engineering or related field.
  • Must be available for extensive travel, including long-term assignments.
  • 6+ Years of experience in Powertrain/Vehicle Operations manufacturing, design, and/or program management, with Project management or launch experience.
  • 6+ years of experience demonstrating a strong understanding of the processes and methodologies involved in bringing new vehicle models from development into full-scale production.
  • Skilled in Word, Excel, PowerPoint, and Microsoft Project.
  • Project management and/or launch experience.
  • Experience with Engineering Change Management and Issue Management
  • Experience with problem solving disciplines using statistical mindsets.

Travel Requirement: This position requires frequent and extensive travel, including long-term assignments (up to 9-12 months at a time) to support vehicle and powertrain assembly plants during new model launches.
Even better, you may have...
  • Master of Science degree in Engineering or related field.
  • 8+ Years of experience in Powertrain/Vehicle Operations manufacturing, design, and/or program management, with Project management or launch experience.
  • 8+ years of experience demonstrating a strong understanding of the processes and methodologies involved in bringing new vehicle models from development into full-scale production.
  • 5+ Years of Leadership/Supervisory level experience.
  • Skilled in Word, Excel, PowerPoint, and Microsoft Project.
  • Project management and/or launch experience.
  • Experience with Engineering Change Management and Issue Management
  • Experience with problem solving disciplines using statistical mindsets.

You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Ford Motor Company, we encourage you to apply!
As an established global company, we offer the benefit of choice. You can choose what your Ford future will look like: will your story span the globe, or keep you close to home? Will your career be a deep dive into what you love, or a series of new teams and new skills? Will you be a leader, a changemaker, a technical expert, a culture builder...or all of the above? No matter what you choose, we offer a work life that works for you, including:
• Immediate medical, dental, vision and prescription drug coverage
• Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
• Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
• Vehicle discount program for employees and family members and management leases
• Tuition assistance
• Established and active employee resource groups
• Paid time off for individual and team community service
• A generous schedule of paid holidays, including the week between Christmas and New Year's Day
• Paid time off and the option to purchase additional vacation time.
This position is leadership level 5 and ranges from $141,700-$268,300.
Final determination of salary grade will be based on candidate's skills and experience, and base salary will be set within the applicable range according to job scope, responsibility and competitive market value.
For more information on salary and benefits, click here: https://fordcareers.co/LL5
Visa sponsorship is not available for this position.
Candidates for positions with Ford Motor Company must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability status or protected veteran status. In the United States, if you need a reasonable accommodation for the online application process due to a disability, please call 1-888-336-0660.
This position is hybrid. Candidates who are in commuting distance to a Ford hub location may be required to be onsite four or more days per week.
#LI-Hybrid
#LI-DE2

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About Ford

Sourced by ZipRecruiter

At Ford Motor Company, we believe freedom of movement drives human progress. With our incredible plans for the future of mobility, we have a wide variety of opportunities for you to accelerate your career and help us define tomorrow's transportation.

Industry

Civil engineering construction

Company size

51 - 200 Employees

Headquarters location

Doral, FL, US

Year founded

1982