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

Case Manager

Fall River, MA · On-site

$20.50 - $26.50/hr

Integrates the Prism Model for effective treatment of serious and persistent mental illness into ... risk, manage symptoms, and maintain safety * Documents client progress, activities, and outreaches ...

Compliance Manager

New Bedford, MA · On-site

$55K - $75K/yr

Selects or develops and implements appropriate risk assessment models or methodologies. * Develops and implements contingency plans to manage business interruptions, volatile market events, and other ...

Build financial and operational models to assess cost, service, risk, and investmenttradeoffsacross ... Management, Organizing, Procurement Policies, Productivity Planning, Strategic Supply Chain ...

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Showing results 1-20

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 May 31, 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 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 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 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 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 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:
Infographic showing various Model Risk Manager job openings in Fairhaven, MA as of May 2026, with employment types broken down into 1% As Needed, 95% Full Time, 3% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $112,883 per year, or $54.3 per hour.
Case Manager

Case Manager

Elwyn

Fall River, MA • On-site

$20.50 - $26.50/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 14 days ago


Elwyn rating

6.2

Company rating: 6.2 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

106th of 228 rated social care providers


Job description

Overview
Join a Team That Changes Lives
For more than 170 years, Elwyn has been leading the way in supporting children, teens, and adults with autism, intellectual and developmental disabilities, and behavioral health challenges. As a mission-driven nonprofit, we're here to create real change - helping people lead meaningful, fulfilling lives.
Now, we're looking for passionate team members to join us. Here, your work will change lives - including your own. You'll make an impact every day, find purpose in what you do, and grow in a career that truly matters.
At Elwyn, we take care of you while you care for others. We offer:
  • Generous Paid Time Off
  • Comprehensive Medical/Dental/Vision Benefit Packages
  • Earned Wage Access/On-Demand Pay
  • Paid On-the-Job Training
  • Tuition Reimbursement
  • Career Advancement Opportunities and Growth
  • Flexible Schedules
  • Retirement Savings Plan

Join us and be a part of something bigger. Apply today.
Job Description
Elwyn seeks a Masters Level Clinician to serve as a member of a multidisciplinary team, utilizing your clinical skill and experience to assess, plan, develop, coordinate, and provide treatment, rehabilitation, and support services to clients under the clinical supervision of the team leader and assistant team leader. A team member equally shares the responsibility to perform various activities and interventions that support clients in the community.
ESSENTIAL DUTIES & RESPONSIBILITIES:
  • Integrates the Prism Model for effective treatment of serious and persistent mental illness into everyday practice and intervention.
  • Provides person-centered, strength-based, trauma-informed care
  • Ensures that clients receive effective, understandable, and respectful care that is provided in a manner compatible with client's cultural beliefs and practices and preferred language
  • Along with the team, on an ongoing basis, reviews the required outcomes to evaluate community tenure and independence.
  • Provides service coordination for an assigned group of clients, including coordination and monitoring the activities of the ACT Team
  • Assumes primary responsibility for developing, writing, implementing, evaluating, and revising the overall Community Service Plan in collaboration with the client and ITT; provides therapy utilizing evidence-based practices (i.e., CBT-P, CBT, DBT, CAMS, MI), symptom management, ensuring immediate changes are made in the Community Service Plan as clients' needs change; educate and support clients' families, and advocate for clients rights and preferences.
  • Works with the team to complete a comprehensive assessment as an engagement tool and to understand and respect the client's views of the ways mental illness impacts their life and how they want to be supported in their process of recovery
  • Utilizes evidence-based assessment tools that support matching a client's needs to their services
  • In partnership with the client and team, develops the Treatment Plan within thirty days of the team finalizing the comprehensive assessment.
  • Provides de-escalation techniques to aid the client (s) in managing a crisis, providing intervention to decrease risk, manage symptoms, and maintain safety
  • Documents client progress, activities, and outreaches in the Electronic Health Record
  • Practices engagement skills across the adult lifespan
  • Practices a Housing First approach
  • Support: provides practical help and support, advocacy, coordination, problem-solving, training, and supervision to help clients obtain the necessities of daily living; assist clients in finding and maintaining safe housing, coaches clients to learn and carry out ADLs, assist and support clients to perform household activities, including house cleaning and laundry, teach money-management skills, nutrition education, meal planning, grocery shopping, access transportation, help clients to have and efficiently use primary care, dentist, and other medical specialist, support clients with structuring their time (community resources, social and leisure activities, hobbies, etc.)
  • Ongoing assessment, symptom education, direct clinical services
  • Awareness of and offers a range of valuable community activities and linkages that support the client's Treatment Plan.
  • Performs other duties as assigned

QUALIFICATIONS & SKILLS
EDUCATION
  • Master's Degree

QUALIFICATIONS
  • 3+ years' experience in behavioral healthcare and working with individuals with mental health conditions preferred
  • Preference will be given to candidates that meet the cultural and linguistic needs of the geographic area.
  • Relevant Post-job Offer Testing/Conditions
  • Knowledge and practice of FHR, DPH, and DMH policies, regulations, and standards.
  • Demonstrates fidelity to the ACT Model
  • Must possess a current, valid driver's license in state of residence, have a minimum of two (2) years of driving experience within the United States, and have an acceptable driving record. Additionally, employees required to drive as part of their job may need to successfully complete and pass an Elwyn Road Test before being authorized to drive.
  • Participate in other FHR required/ recommended training according to the training calendar
  • Prepares for and applies for required clinical license
  • Meet or exceed professional development goals
  • Ability to make contacts and establish relationships with internal and external supports that allow for the program to function within the more extensive system
  • Ongoing education and training in culturally and linguistically appropriate service delivery

#JOA123
Equal Opportunity Employer
Elwyn is an Equal Opportunity Employer. Elwyn does not discriminate on the basis of race, color, religion, creed, ancestry, pregnancy status, medical condition, gender, gender identity or expression, genetic information, sexual orientation or identity, age, national origin, citizenship, handicap status, marital or family status, mental or physical disability, perceived disability, military or veteran status, political activities or affiliations, or any other characteristic protected under applicable federal, state or local law, ordinance, or regulation.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at ADArequest@elwyn.org and let us know the nature of your request and your contact information.
Know Your Rights: Workplace discrimination is illegal

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About Elwyn

Sourced by ZipRecruiter

We are the leader in education, treatment, and support services to children and adults with autism, intellectual and developmental disabilities, and related behavioral health challenges. Click below to learn about our Vision, Mission & Values; Our Approach; Our History; and Our Leadership Team. Continue reading for more on our unified commitment and national reach.

Industry

Individual, family and community social assistance

Company size

1,001 - 5,000 Employees

Headquarters location

Media, PA, US

Year founded

1852

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