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Model Risk Manager Jobs in Ohio (NOW HIRING)

Gilbane is seeking a Senior Risk Manager to be responsible for all insurance matters for a minimum ... model to make critical decisions and create competitive advantage. You deploy a strategic mindset ...

Cybersecurity Risk Manager

Columbus, OH · 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 ...

Cybersecurity Risk Manager

Columbus, OH · 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 ...

New

Cybersecurity Risk Manager

Fairlawn, OH · 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 ...

Cybersecurity Risk Manager

Fairlawn, OH · 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 ...

New

Escalates highest risk customers to Executive management * Perform ad-hoc analysis of customer ... Develop and/or evaluate various models used for setting credit ratings/scores * Ability to access ...

Escalates highest risk customers to Executive management * Perform ad-hoc analysis of customer ... Develop and/or evaluate various models used for setting credit ratings/scores * Ability to access ...

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Showing results 1-20

Model Risk Manager information

See Ohio salary details

$49K

$106.1K

$161.6K

How much do model risk manager jobs pay per year?

As of Jul 8, 2026, the average yearly pay for model risk manager in Ohio is $106,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,600.00 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 Ohio? For Model Risk Manager jobs in Ohio, the most frequently searched job titles are:
What cities in Ohio are hiring for Model Risk Manager jobs? Cities in Ohio with the most Model Risk Manager job openings:
Sr Risk Manager

Sr Risk Manager

Gilbane Building Company

Columbus, OH • On-site, Remote

Full-time

Medical, Retirement

Re-posted 11 days ago


Job description

Overview

Do you consider yourself to be a highly technical, strong communicator with the desire to work in a team environment on complex projects? Gilbane is seeking a Senior Risk Manager to be responsible for all insurance matters for a minimum of one Division. The Manager manages strategy for insurance program traction and at least one RM Lead or Specialist. This role can sit in any of Gilbane's offices or work remotely. 

Who are we?  

As a Top-10 ENR Contractor, Gilbane is a family-owned business with 45 offices that has been shaping communities since 1870. Consistently recognized as one of the most reputable construction management firms in the country, Gilbane is committed to delivering projects safely and on-time. You will have the opportunity to build schools, labs, hospitals, corporate offices, sports arenas and more! 

We are dedicated to building a diverse, inclusive and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles. 

Who are you? 

You are a coach/leader who leads with an inclusive and empathetic mindset. You provide feedback and guidance to help others excel in their current or future roles. You determine priorities, delegate work, and effectively communicate progress. You establish measures to assess the impact, quality, and timeliness of results while praising successes and sharing lessons learned. You build high performing teams by attracting, engaging, developing, and retaining talented individuals through motivation and discipline to maximize impact on the organization and the individual.  

You leverage business insights by understanding industry trends, local market/economic conditions, and Gilbane's business model to make critical decisions and create competitive advantage. You deploy a strategic mindset when considering solutions to long-term opportunities and risks that may develop in the future.  

Your core values match Gilbane's: Integrity, Caring, Teamwork, Toughmindedness, Dedication to Excellence, Discipline, Loyalty, and Entrepreneurship. 

What's in it for you?   

Gilbane offers employees multi-dimensional training opportunities through a number of resources. While managing your responsibilities to projects, you will be able to enroll in trainings through our award-winning Gilbane University to build leadership and technical skills. In addition, you would work with an experienced team which provides you with the opportunity to learn new industry skills every day. You will protect and promote the interests of both Gilbane and the client in all matters as well as demonstrating the personal characteristics of a developing leader. 

Responsibilities
  • Performs owner and subcontractor contract reviews
  • Represents GIG on client calls and negotiations
  • Assesses project risks including but not limited to contractual risk, insurable risk, safety, subcontractor risk, and quality
  • Supports the Prequal group's assessment of subcontractor financial and safety risks
  • Maintains updated lists of CCIP pursuits and project data in the risk management system
  • Coordinates insurance pricing with the Insurance Specialist for CCIP, OCIP DIC, project specific SDI, project specific Pollution and Professional liability, and Builder's Risk
  • Communicates all project billing parameters including insurance rates and rate basis to Divisions, Business Units (BUs), project teams, and Corporate Accounting
  • Supports assigned BU including, but not limited to, Project Executives, Business Development, Estimating, Purchasing, Project Management, Project Engineers, Superintendents, or Accounting in making proper risk management decisions, and provides training as needed
  • Maintains relationships with BU leadership to ensure alignment and set strategy for insurance program traction
  • Interprets and translates the organizational strategy, ensuring team understanding of their role in accomplishing strategic goals
  • Represents GIG in Gilbane peer groups as needed
  • Tracks level 2/3 pursuits and assesses project risk and how best to protect Gilbane from risks
  • Communicates Level 3 recommendations to GIG Department Head Prior to the Enterprise Risk Review
  • Establishes Risk Management strategy with a Division based upon GIG's policies and procedures as defined in Baseline
  • Provides claim support and loss history analysis as needed
  • Supports and collaborates with all GIG department members as needed
  • Supports the internal audit process of projects within the applicable BUs
  • Manages a staff of BU Risk Specialists and/or Leads, responsible for the career development and coaching of team members
  • Informs the Risk Management Director of all Risk Management matters and obtains approvals as needed
  • Fosters a positive and inclusive work environment to motivate and engage team members
Qualifications

EXPERIENCE/EDUCATION

  • Bachelor's degree in a related field
  • 10-15 years of experience in risk management, underwriting, and/or brokerage services required
  • Architecture, engineering, and construction industry experience preferred
  • Or equivalent combination of education and experience

KNOWLEDGE, SKILLS & ABILITIES

  • Advanced written, verbal, and interpersonal skills
  • Ability to function as an integral part of a team while being highly collaborative
  • Ability to coordinate and manage efforts involving individuals from different geographic areas as well as external partners
  • Advanced financial and analytical skills
  • Ability to understand issues quickly and follow through with a resolution
  • Advanced customer service skills
  • Advanced problem solving, planning, multi-tasking, and organizational skills
  • Proficient in Microsoft Office specifically Outlook, Word, Excel, and other critical RMIS software
  • Ability to work independently and handle complex issues while under minimal supervision
  • Interacts well with and can influence regional and BU senior leaders

Salary to be determined based on factors such as geographic location, skills, education, and/or experience of the applicant, as well as the internal equity and alignment with the team.

The pay ranges from $141,000-$213,000 plus benefits and retirement program.

Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan. We invest in our employees' education and have built Gilbane University into a top training organization in the construction industry. Qualified applicants who are offered a position must pass a pre-employment substance abuse test.

Gilbane is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, color, national origin, race, religion, sex, sexual orientation, gender identity, protected veteran status, or disability status. Click here to view the physical demands and working conditions required to perform this role. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions.

Note to Recruiters, Placement Agencies, and Similar Organizations: Gilbane does not accept unsolicited resumes from agencies. Please do not forward unsolicited agency resumes to our jobs alias, website, or to any Gilbane employee. Gilbane will not pay fees to any third party agency or firm and will not be responsible for any agency fees associated with unsolicited resumes. Unsolicited resumes received will be considered property of Gilbane and will be processed accordingly. 

Employment Type: FULL_TIME