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Model Risk Manager Jobs in Fairhaven, MA (NOW HIRING)

Partner with the Data Enablement & Analytics teams toensure risk management tool and data models support high-quality data, effectivereportingand actionable insights. * Drivethe adoption of reporting ...

... risk management, and cross-functional leadership as automation reduces manual data entry activities ... service models, and account segmentation. QUALIFICATIONS • 5 years of experience in account ...

Independently prioritize account activity based on revenue impact, customer risk, delivery ... Contribute to continuous improvement initiatives related to workflows, data quality, service models ...

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Model Risk Manager information

See Fairhaven, MA salary details

$52.1K

$112.9K

$172K

How much do model risk manager jobs pay per year?

As of Aug 3, 2026, the average yearly pay for model risk manager in Fairhaven, MA is $112,883.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,100.00 and $130,500.00 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 job categories do people searching Model Risk Manager jobs in Fairhaven, MA look for? The top searched job categories for Model Risk Manager jobs in Fairhaven, MA are:
What cities near Fairhaven, MA are hiring for Model Risk Manager jobs? Cities near Fairhaven, MA with the most Model Risk Manager job openings:

Manager, Risk & Requirements Management

Johnson and Johnson

Raynham, MA • On-site

Full-time

Retirement, PTO

Posted 7 days ago


Job description

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com
As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.
Job Function:
Technology Product & Platform Management
Job Sub Function:
Technical Product Management
Job Category:
People Leader
All Job Posting Locations:
Palm Beach Gardens, Florida, United States of America, Raritan, New Jersey, United States of America, Raynham, Massachusetts, United States of America, Warsaw, Indiana, United States of America, West Chester, Pennsylvania, United States of America
Job Description:
DePuy Synthes is recruiting for a(n) Manager, Risk & Requirements Management in Raritan, NJ, West Chester, PA, Palm Beach Gardens, FL, Raynham, MA, Warsaw, IN.
This role serves as a technology product owner and risk leader within R&D Technology, accountable for translating business and scientific needs into clear, prioritized technology requirements while proactively identifying, assessing, and mitigating risk. The Manager partners closely with R&D, Quality, Regulatory, and IT teams to ensure technology solutions are compliant, scalable, and aligned to DePuy Synthes' product development and innovation roadmap. This role has a meaningful impact on speedtomarket, quality, and compliance across R&D digital capabilities and reports into the DePuy Synthes Technology organization.
Key Responsibilities
  • Own and manage the end-to-end product backlog for assigned R&D technology platforms, ensuring alignment to business priorities and regulatory requirements.

  • Lead requirements elicitation, analysis, and documentation, partnering with R&D, Quality, Regulatory, and IT stakeholders to translate needs into functional and technical requirements.

  • Lead the application of AI, advanced analytics, and automation to modernize R&D platforms, accelerating product development, improving scientific and engineering insights, and strengthening end to end decision making while enabling scalable, compliant, and efficient R&D operations from discovery through lifecycle management.

  • Establish and maintain risk management frameworks, including identification, assessment, mitigation planning, and monitoring of technology and delivery risks.

  • Drive prioritization decisions by balancing value, risk, cost, and delivery timelines across multiple initiatives.

  • Ensure adherence to SDLC, quality standards, validation practices, privacy, and security requirements relevant to R&D systems.

  • Partner with delivery teams using Agile and hybrid methodologies to ensure timely, high-quality solution delivery.

  • Provide clear communication and reporting on roadmap progress, risks, and dependencies to senior stakeholders.

  • Mentor and guide analysts and product team members, fostering strong product ownership and risk-aware decision making.

Qualifications
Education
  • Bachelor's degree required (Information Technology, Engineering, Computer Science, or related field)

  • Master's degree or MBA preferred

Experience and Skills
Required:
  • 6-8 years of experience in technology product ownership, business analysis, or IT project/program management, including R&D or regulated environments.

  • Experience translating business needs into system requirements, managing product backlogs, and supporting SDLC and system validation activities.

  • Demonstrated ability to identify, assess, document, and mitigate technology and delivery risks.

  • Strong stakeholder management, prioritization, and decision-making capabilities across cross-functional teams.

  • Ability to lead without authority, influence outcomes, and coach team members in product and risk best practices.

  • Strong written and verbal communication skills, including executive-level reporting.

Preferred:
  • Experience supporting R&D, Quality, Regulatory, or clinical systems within a medical device or life sciences environment.

  • Familiarity with Agile, SAFe, or hybrid delivery models in enterprise technology organizations.

  • Experience with data-driven decision making, dashboards, or portfolio reporting.

  • Prior people leadership or matrix team leadership experience.

  • Product Owner, Business Analysis, or Project Management certifications (e.g., CSPO, PMI-PBA, PMP) preferred.

Other:
  • English proficiency required

  • Up to 10-20% domestic or international travel

  • No union or vehicle requirements associated with this role

For more information on how we support the whole health of our employees throughout their wellness, career, and life journey, please visit www.careers.jnj.com.
Johnson & Johnson announced plans to separate our Orthopaedics business to establish a standalone orthopaedics company, operating as DePuy Synthes. The process of the planned separation is anticipated to be completed within 18 to 24 months, subject to legal requirements, including consultation with works councils and other employee representative bodies, as may be required, regulatory approvals and other customary conditions and approvals. Should you accept this position, it is anticipated that, following conclusion of the transaction, you would be an employee of DePuy Synthes and your employment would be governed by DePuy Synthes employment processes, programs, policies, and benefit plans. In that case, details of any planned changes would be provided to you by DePuy Synthes at an appropriate time and subject to any necessary consultation processes.
Johnson & Johnson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act.
Johnson & Johnson is committed to providing an interview process that is inclusive of our applicants' needs. If you are an individual with a disability and would like to request an accommodation, external applicants please contact us via https://www.jnj.com/contact-us/careers, internal employees contact AskGS to be directed to your accommodation resource.
#LI-Hybrid
#DePuySynthesCareers
Required Skills:
Preferred Skills:
Analytical Reasoning, Consulting, Cost Management, Developing Others, Human-Computer Interaction (HCI), Inclusive Leadership, Leadership, People Performance Management, Performance Measurement, Product Development, Product Strategies, Project Management Methodology (PMM), Research and Development, Resource Management, Software Development Management, Strategic Supply Chain Management, Team Management
The anticipated base pay range for this position is :
$102,000.00 - $204,000.00
Additional Description for Pay Transparency:
Subject to the terms of their respective plans, employees are eligible to participate in the Company's consolidated retirement plan (pension) and savings plan (401(k)). Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits: • Vacation -120 hours per calendar year • Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado -48 hours per calendar year; for employees who reside in the State of Washington -56 hours per calendar year • Holiday pay, including Floating Holidays -13 days per calendar year • Work, Personal and Family Time - up to 40 hours per calendar year • Parental Leave - 480 hours within one year of the birth/adoption/foster care of a child • Bereavement Leave - 240 hours for an immediate family member: 40 hours for an extended family member per calendar year • Caregiver Leave - 80 hours in a 52-week rolling period10 days • Volunteer Leave - 32 hours per calendar year • Military Spouse Time-Off - 80 hours per calendar year For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits