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Model Risk Manager Jobs in Cincinnati, OH (NOW HIRING)

Haas F1 Team

Senior Model Maker

Independence, KY

General Summary This role reports to the Team Leader Model Maker or their designee and is based in ... Support audit, governance, and risk management activities as required. Continuous Improvement

Haas F1 Team

Senior Model Maker

Independence, KY · On-site

General Summary This role reports to the Team Leader Model Maker or their designee and is based in ... Support audit, governance, and risk management activities as required. Continuous Improvement

Huntington

Portfolio/Risk Specialist

Cincinnati, OH · On-site +1

$94K/yr

Informs management of potential credit and/or economic portfolio risk and recommends strategies to ... Consistently model high levels of professional demeanor and integrity Exempt Status: (Yes = not ...

Munich Re

CAT Risk Analyst

Amelia, OH · On-site

As a Catastrophe Risk Analyst, you will work on special projects and provide expert recommendations ... You will apply your analytical skills to catastrophe modeling, portfolio management, and other ...

Munich Re

CAT Risk Analyst

Amelia, OH · Hybrid

As a Catastrophe Risk Analyst, you will work on special projects and provide expert recommendations ... You will apply your analytical skills to catastrophe modeling, portfolio management, and other ...

Munich RE

CAT Risk Analyst

Amelia, OH · Hybrid

As a Catastrophe Risk Analyst, you will work on special projects and provide expert recommendations ... You will apply your analytical skills to catastrophe modeling, portfolio management, and other ...

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All JobsModel Risk Manager JobsModel Risk Manager Jobs in Cincinnati, OH

Model Risk Manager information

See Cincinnati, OH salary details

$49.4K

$107K

$163.1K

How much do model risk manager jobs pay per year?

As of Jun 12, 2026, the average yearly pay for model risk manager in Cincinnati, OH is $107,035.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,400.00 and $123,800.00 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 Cincinnati, OH? For Model Risk Manager jobs in Cincinnati, OH, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Cincinnati, OH look for? The top searched job categories for Model Risk Manager jobs in Cincinnati, OH are:
What cities near Cincinnati, OH are hiring for Model Risk Manager jobs? Cities near Cincinnati, OH with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Cincinnati, OH as of June 2026, with employment types broken down into 95% Full Time, 4% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $107,035 per year, or $51.5 per hour.
AI and Digital Asset Technology Risk Oversight Manager

AI and Digital Asset Technology Risk Oversight Manager

US Bank

Cincinnati, OH

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 345 frontline employees who took The Breakroom Quiz

38th of 141 rated banks

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

As an AI Technology Risk Manager, the role involves overseeing and mitigating risks associated with the development and deployment of emerging technologies, including Artificial Intelligence and Digital Assets across the enterprise. This position requires effective collaboration across functions to drive risk initiatives. The manager will partner with business lines, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to create, implement, maintain, review, or oversee a risk management program. Participation in projects and activities is necessary to ensure compliance with applicable federal, state, and local laws and regulations. The role includes identifying gaps and informing solutions to minimize losses resulting from inadequate internal processes, systems, or human errors. Risks must be identified, responded to, and/or escalated as appropriate. The manager serves as a liaison between the Line of Business and the Lines of Defense.


Key Responsibilities:

  • Ensure awareness and manage the oversight of the AI risk management processes and related policies to foster compliance and monitoring of risk at the bank.

  • Stay updated with the latest advancements in AI and integration technologies

  • Engage with business partners within various lines of business and functions to identify and assess the risks and controls effectiveness relating to AI.

  • Propose and implement improvements to integration and governance processes and tools

  • Develop and execute policy, procedure and guidance documents supporting AI Technology Risk Management and Digital Assets.

  • Provide risk oversight for digital asset and blockchain activities, including stablecoins, tokenized products, smart contracts, custody models, and settlement infrastructure

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than eight years of applicable experience

Preferred Skills/Experience
- Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
- Thorough knowledge of Risk/Compliance/Audit competencies
- Strong analytical, process facilitation and project management skills
- Effective presentation, interpersonal, written and verbal communication skills
- Effective relationship building and negotiation skills
- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
- Applicable professional certifications

This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $119,765.00 - $140,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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