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Model Risk Manager Jobs in Missouri (NOW HIRING)

UMB Financial Corporation

EFT Risk Analyst

Kansas City, MO · On-site +1

$44K - $65K/yr

Five (5) years of specific experience working with electronic payments and/or treasury management products/processes. * Experience working with financial risk modeling. Applicants must have legal ...

Guarantee Electrical

Contracts Counsel

Saint Louis, MO · On-site

... project managers on contract interpretation, risk identification, and legal best practices * Monitor legal and industry trends impacting construction contracts and risk allocation Modeling Our ...

Guarantee Electrical

Contracts Counsel

Saint Louis, MO · On-site

... project managers on contract interpretation, risk identification, and legal best practices * Monitor legal and industry trends impacting construction contracts and risk allocation Modeling Our ...

Tata Consultancy Service Limited

AI evangelist

O Fallon, MO · On-site

$100K - $160K/yr

... model risk management, and ethical principles, with experience embedding governance and compliance controls directly into delivery workflows. • Familiarity with defining and tracking metrics to ...

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All JobsModel Risk Manager JobsModel Risk Manager Jobs in Missouri

Model Risk Manager information

See Missouri salary details

$48.3K

$104.6K

$159.5K

How much do model risk manager jobs pay per year?

As of Jun 20, 2026, the average yearly pay for model risk manager in Missouri is $104,640.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,400.00 and $121,000.00 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 Missouri? For Model Risk Manager jobs in Missouri, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Missouri look for? The top searched job categories for Model Risk Manager jobs in Missouri are:
What cities in Missouri are hiring for Model Risk Manager jobs? Cities in Missouri with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
EFT Risk Analyst

EFT Risk Analyst

UMB Financial Corporation

Kansas City, MO • On-site, Remote

$44K - $65K/yr

Full-time

Posted 16 days ago

Job description

The EFT Risk Team monitors Risk for ACH and other payment channels. Managing the Risk helps keep customers and UMB from large losses. This team is essential in ensuring customer ACH Origination activity is processed according to UMB's Risk appetite.
As the EFT Risk Analyst, you will assist with the ongoing administration and support of multiple risk programs, processes, and audits that impact Bank Operations. With the exposure to ACH accounts and activity, this role is vital for risk management within Operations. This is a subset of the overall responsibilities which will include multiple initiatives assigned by Bank Operations leadership.
This role is hybrid (Mon through Thu on-site / Fri remote) for candidates in the Kansas City metropolitan area and open to qualified remote candidates outside of the Kansas City area. However, the remote location must be within the US. The work schedule is Monday through Friday, 8:00 - 4:30 PM with a 30-min lunch break or 8:00 - 5:00 PM with an hour lunch break.
How you will spend your time:
  • Complete regular reports, specialized reports, and special projects as requested.
  • Complete monthly analysis of statistical reporting for payment processing.
  • Present reporting and findings to senior & executive management monthly.
  • Perform self-testing of controls as well as bi-annual risk self-assessments.
  • Assist with gathering and reviewing data for various reviews and/or audits.
  • Assist with follow up from internal or external audits to resolve questions and/or outstanding items.
  • Identify potential process improvements and implement documentation.
  • Maintain policies and procedures related to job duties
  • Understand and remain current on related industry activity, changes, regulations, and announcements.

We are excited to talk if you have:
  • Associate degree or equivalent experience.
  • 1 year experience with banking or financial processing or equivalent experience.
  • 1 year of compliance, audit, or risk experience.

Bonus Points if you have:
  • ACH Accredited Professional (AAP) Certification or Accredited Payments Risk Professional (APRP) Certification.
  • Five (5) years of specific experience working with electronic payments and/or treasury management products/processes.
  • Experience working with financial risk modeling.

Applicants must have legal authority to work in the United States. Work Visa sponsorship is not available for this position.
Deadline to apply: August 8, 2026
Compensation Ranges:
US Employees in California, Washington DC, New Jersey, and New York:
$54,220 - $79,020
US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:
$49,510 - $72,340
US Employees in all other states not listed above:
$44,790 - $65,650
The posted compensation range on this listing represents UMB's good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end-a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
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