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Model Risk Manager Jobs in Festus, MO (NOW HIRING)

... models (tax compliance, SOC audits, EBP, outsourced accounting, and future phases), working ... They will collaborate closely with the Ventures Steering Committee, Quality Risk Management (QRM ...

Account Manager, Software Sales

Saint Louis, MO · On-site +1

$100K - $120K/yr

As an Account Manager selling our enterprise risk and compliance related software products in our ... Experience selling products in a Software as a Service (SaaS) business model a plus * Experience in ...

Water Resources Engineer - FEMA

Ballwin, MO · Remote

$76K - $104K/yr

Perform hydrologic and hydraulic modeling projects as part of the Risk FEMA's Mapping, Assessment ... management and environmental restoration projects #LI-Remote Skills / Qualifications Required ...

Operate as de facto stream leads within a flatter organizational model, absorbing coordination responsibilities previously handled at the management layer * Ensure adherence to risk, control ...

Senior Product Manager

Saint Louis, MO · On-site

$123K - $162K/yr

Ensure adherence to risk, control, compliance, and regulatory standards across all product ... Familiarity with research publishing platforms, portfolio modeling tools (e.g., Aladdin, APL ...

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Model Risk Manager information

See Festus, MO salary details

$43.7K

$94.7K

$144.3K

How much do model risk manager jobs pay per year?

As of Jul 12, 2026, the average yearly pay for model risk manager in Festus, MO is $94,681.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,400.00 and $109,500.00 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 cities near Festus, MO are hiring for Model Risk Manager jobs? Cities near Festus, MO with the most Model Risk Manager job openings:
Mid-Level to Senior Water Resources Engineer

Mid-Level to Senior Water Resources Engineer

Wood Plc

Saint Louis, MO • On-site, Remote

Other

Re-posted 8 days ago


Job description

Overview / Responsibilities

Wood Environment & Infrastructure Solutions is currently seeking a Mid to Senior Level Water Resources Engineer to join our highly collaborative team in Mississippi Valley Water Group. This position offers potential for development in a great working environment and the opportunity to apply the latest technology to help our clients solve their most challenging problems. Typical projects involve helping local, state and federal clients complete floodplain management, stormwater management and other watershed planning projects. 

Work Location:

Remote working is an option however candidates who live within in a commuting distance to our offices in either Nashville or St. Louis is preferred. 

Key Responsibilities:

  • Provide leadership/mentoring to engineers and technicians and support the management of water resources projects.
  • Perform hydrologic and hydraulic modeling of riverine systems as part of the Risk Mapping, Assessment, and Planning (Risk MAP) program for the Federal Emergency Management Agency (FEMA)
  • Perform hydrologic and hydraulic modeling of riverine and closed basin systems to support levee certification, dam breach analyses and environmental assessment studies.
  • Perform quality control reviews and oversee H&H analyses completed by junior engineers
  • Execute one dimensional and two dimensional flood risk modeling software applications such as HEC-RAS, HEC-HMS, FLO-2D, and SWMM
  • Support field investigations including the collection and analysis of data used to support hydrologic and hydraulic modeling
  • Execute established procedures, perform routine calculations and process GIS data necessary to support hydrologic and hydraulic modeling efforts
  • Prepare floodplain and watershed studies in compliance with FEMA standards and specifications and assist with Quality Assurance and Quality Control for flood insurance study deliverables
  • Evaluate flood mitigation and flood control projects and their effectiveness
  • Efficiently work with ArcGIS software and extensions in support of flood risk modeling and mapping and other water resources project needs
  • Work with a team of GIS specialists supporting various planning and water resources, flood risk management and environmental restoration projects
  • Support  spillway capacity and levee certification analyses.
  • Develop design options, alternatives, or recommendations for dam rehabilitation.
Skills / Qualifications

Required Qualifications:

  • Bachelor or Masters of Science in an accredited Civil Engineering Program
  • Strong written and verbal communication skills
  • PE certification 
  • 5+ years experience in Hydrologic and Hydraulic Data Development in support of FEMA Risk MAP, USACE and other projects
  • Experience with HEC-RAS, HEC-HMS, and ArcGIS
  • 2-D hydraulic modeling experience
  • Experience with Bulletin 17C
  • Experience with PCSWMM or other SWMM based modeling software

Preferred Qualifications:

  • CFM certification
  • Stormwater Engineering Design Experience
  • Experience with InfoWorks ICM software
  • Climate resilience experience
  • Dam analysis and rehabilitation design experience
  • Stormwater/green infrastructure design experience
Company Overview

Wood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world's most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

Employment Type: OTHER