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Model Risk Manager Jobs in Ohio (NOW HIRING)

Showing results 41-60

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 Aug 19, 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 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 cities in Ohio are hiring for Model Risk Manager jobs?

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

Infographic showing various Model Risk Manager job openings in Ohio as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $106,056 per year, or $51 per hour.

Accounting Manager - Risk Management

Turner Construction

Cincinnati, OH

Full-time

Posted 12 days ago


Turner Construction rating

7.5

Company rating: 7.5 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

26th of 80 rated construction


Job description

PositionDescription:
Manage andcoordinate the day-to-day financial and accounting activities supportingTurner's Insurance & Claims (Risk Management) department. Partner withFinance, Insurance Programs, Claims, Operations, and third-party serviceproviders to support financial reporting, reserve management, budgeting,forecasting, regulatory compliance, and financial analysis related to theCompany's risk management programs.
Essential Duties& Responsibilities:
* Prepare scheduled and ad hoc executive-level presentations, financial models, dashboards, and reporting packages that communicate financial performance and emerging risk trends.
* Partner with Operations Finance and HQ Finance teams to ensure accurate accounting treatment and ledger integrity for insurance and claims transactions
* Review and reconcile reserve activity, claim payments, premium allocations, and related balance sheet accounts.
* Collaborate with Turner Surety Insurance Brokerage team and analyze historical claims experience and emerging trends to identify financial risks and opportunities for process improvement. Participate on cross-functional process improvement teams.
* Review financial performance, fee structures, and contract terms for Third-Party Administrators (TPAs), brokers, and Risk  Management Information System (RMIS) vendors, providing recommendations to management.
* Assist with annual audits by preparing schedules, supporting documentation, and responding to audit requests.
* Oversee and monitors fleet vehicle program for risk management, including ensuring appropriate insurance coverage and compliance
* Assist with the monthly financial reporting process for Risk Management, ensuring timely and accurate reporting of financial results and payments to vendors.
* Prepare and analyze financial reports related to insurance programs, claims activity, reserve balances, premiums, and total cost of risk.
* Assist the Financial Manager with management of reserve funds, analyze loss data, and monitor budgets for claim payouts and insurance premiums.
* Develop financial analyses and predictive models supporting claim liabilities, premium allocations, reserve adequacy, and total cost of risk.
* Partner with the Financial Manager, Insurance Programs team, Brokerage partners, and Chief Risk Officer during annual budgeting for insurance premiums, departmental operating expenses, and expected claim payments.
* Monitor monthly financial performance against budget and forecast, investigate significant variances, and prepare explanations of loss trends and financial results.
* Support financial reporting requirements, regulatory compliance, and internal control processes related to insurance and claims accounting.
* Provide guidance and support to accounting staff and cross-functional business partners regarding insurance and claims accounting processes and provide training as needed.
* Support implementation of financial system enhancements, reporting automation, and continuous improvement initiatives.
* Company statement added for oversight, training, onboarding, and performance review
* Other activities,duties, and responsibilities as assigned. 


What Turner Construction employees say

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About Turner Construction

Sourced by ZipRecruiter

Turner Construction, headquartered in New York, NY, US, is a recognized leader in the construction industry. It was established in 1902 and has since curved its niche as one of the most reputable construction firms. Turner Construction provides a broad range of services like general contracting, construction management, design-build, and consulting. Devoted to environment-friendly building practices, it is considered a pioneer in green building and sustainability efforts. Their top-tier projects include Madison Square Garden, Yankee Stadium, and the United Nations Secretariat Building in New York City. The company's mission is to deliver an exceptional product by relentless commitment to their core principles – teamwork, integrity, commitment, and community.

Industry

Construction

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1902