Develop and lead the company's enterprise risk management framework, governance model, policies, and reporting structure. * Establish a consistent methodology for identifying, assessing, prioritizing ...
Develop and lead the company's enterprise risk management framework, governance model, policies, and reporting structure. * Establish a consistent methodology for identifying, assessing, prioritizing ...
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... project success - Modeling and reinforcing professional and technical standards, including ...
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... project success - Modeling and reinforcing professional and technical standards, including ...
Develop and lead the company's enterprise risk management framework, governance model, policies, and reporting structure. * Establish a consistent methodology for identifying, assessing, prioritizing ...
Develop and lead the company's enterprise risk management framework, governance model, policies, and reporting structure. * Establish a consistent methodology for identifying, assessing, prioritizing ...
R&I Independence Technology Team (ITT) Senior Manager
Kansas City, MO · On-site
$91K - $321K/yr
... risk management processes - Modeling and reinforcing professional and technical standards, including the Firm's code of conduct and independence requirements - Initiating open and honest coaching ...
R&I Independence Technology Team (ITT) Senior Manager
Kansas City, MO · On-site
$91K - $321K/yr
... risk management processes - Modeling and reinforcing professional and technical standards, including the Firm's code of conduct and independence requirements - Initiating open and honest coaching ...
Senior Team Leader
Kansas City, MO · On-site
... One Broker" model. The Senior Team Leader ensures exceptional client service, operational ... Bachelor's degree in Business, Insurance, Risk Management, or related field (relevant licenses or ...
Senior Team Leader
Kansas City, MO · On-site
... One Broker" model. The Senior Team Leader ensures exceptional client service, operational ... Bachelor's degree in Business, Insurance, Risk Management, or related field (relevant licenses or ...
Third-Party Risk Management Specialist
Kansas City, MO · On-site
$96K/yr
... work model in either our Chicago or Overland Park, KS office. Role Overview The GlobalThird ... risk management program for third-party vendors and service providers. This position includes ...
Third-Party Risk Management Specialist
Kansas City, MO · On-site
$96K/yr
... work model in either our Chicago or Overland Park, KS office. Role Overview The GlobalThird ... risk management program for third-party vendors and service providers. This position includes ...
Third-Party Risk Management Specialist
Overland Park, KS · On-site
$97K/yr
... work model in either our Chicago or Overland Park, KS office. Role Overview The GlobalThird ... risk management program for third-party vendors and service providers. This position includes ...
Third-Party Risk Management Specialist
Overland Park, KS · On-site
$97K/yr
... work model in either our Chicago or Overland Park, KS office. Role Overview The GlobalThird ... risk management program for third-party vendors and service providers. This position includes ...
Senior Manager, Medical Loss Ratio
Kansas City, MO · On-site +1
... risk, and sponsors continuous improvement initiatives that strengthen data quality, consistency ... Provides oversight of the MLR reporting calendar and delivery model for assigned lines of business ...
Senior Manager, Medical Loss Ratio
Kansas City, MO · On-site +1
... risk, and sponsors continuous improvement initiatives that strengthen data quality, consistency ... Provides oversight of the MLR reporting calendar and delivery model for assigned lines of business ...
Deliver regular reporting and risk insights to senior leadership and asset management teams ... Strong analytical and financial modeling skills * Workout experience preferred, but not required
Deliver regular reporting and risk insights to senior leadership and asset management teams ... Strong analytical and financial modeling skills * Workout experience preferred, but not required
KCIS AI Strategy Leader
Overland Park, KS · Hybrid
$96K - $181K/yr
KeyBank enterprise AI governance, ethical AI, and model risk management training. * KCIS systems, data platforms, and servicing workflow training. Physical Demands and Travel * In office attendance ...
KCIS AI Strategy Leader
Overland Park, KS · Hybrid
$96K - $181K/yr
KeyBank enterprise AI governance, ethical AI, and model risk management training. * KCIS systems, data platforms, and servicing workflow training. Physical Demands and Travel * In office attendance ...
Vice President, Unit Leader- Commercial Insurance
Overland Park, KS · On-site
$120 - $160/hr
Maintain deep understanding of each client's business model, risk exposure, operations, and strategic priorities. * Provide executive‑level guidance on risk management, market conditions, and ...
Vice President, Unit Leader- Commercial Insurance
Overland Park, KS · On-site
$120 - $160/hr
Maintain deep understanding of each client's business model, risk exposure, operations, and strategic priorities. * Provide executive‑level guidance on risk management, market conditions, and ...
Scrum Master
$51 - $68/hr
... data privacy, model risk, etc.) Agile coaching or transformation experience within large ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Scrum Master
$51 - $68/hr
... data privacy, model risk, etc.) Agile coaching or transformation experience within large ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
... planning and capital modeling, internal controls, ERM initiatives, reinsurance placement ... Experience with capital modeling, reinsurance, enterprise risk management, and broader insurance ...
Quick apply
... planning and capital modeling, internal controls, ERM initiatives, reinsurance placement ... Experience with capital modeling, reinsurance, enterprise risk management, and broader insurance ...
Familiarity with governance practices around data privacy, information security, and model risk management. * Experience operating in a regulated or highly qualityconstrained environment (e.g., heal ...
Familiarity with governance practices around data privacy, information security, and model risk management. * Experience operating in a regulated or highly qualityconstrained environment (e.g., heal ...
Be Seen First
Leverage Al-powered tools, including large language models, to accelerate credit research, automate ... senior management personnel in the evaluation of credit and investment matters. Regular and ...
Quick apply
Be Seen First
Leverage Al-powered tools, including large language models, to accelerate credit research, automate ... senior management personnel in the evaluation of credit and investment matters. Regular and ...
... model, threat landscape, control environment, regulatory obligations, and enterprise risk ... Manage the internal sales process, including proposal development, competitive assessments, multi ...
... model, threat landscape, control environment, regulatory obligations, and enterprise risk ... Manage the internal sales process, including proposal development, competitive assessments, multi ...
Technical Architect - Data, Analytics & AI
Kansas City, MO · Hybrid
$62.25 - $80/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Technical Architect - Data, Analytics & AI
Kansas City, MO · Hybrid
$62.25 - $80/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Technical Architect - Data, Analytics & AI
Independence, MO · Hybrid
$58 - $74.75/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Technical Architect - Data, Analytics & AI
Independence, MO · Hybrid
$58 - $74.75/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Technical Architect - Data, Analytics & AI
Lees Summit, MO · Hybrid
$62 - $79.75/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Technical Architect - Data, Analytics & AI
Lees Summit, MO · Hybrid
$62 - $79.75/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
KCIS AI Strategy Leader
Overland Park, KS · On-site
$96K - $181K/yr
KeyBank enterprise AI governance, ethical AI, and model risk management training. * KCIS systems, data platforms, and servicing workflow training. Physical Demands and Travel * In office attendance ...
KCIS AI Strategy Leader
Overland Park, KS · On-site
$96K - $181K/yr
KeyBank enterprise AI governance, ethical AI, and model risk management training. * KCIS systems, data platforms, and servicing workflow training. Physical Demands and Travel * In office attendance ...
Model Risk Manager information
See Kansas City, MO salary details
$49.7K - $60.2K
4% of jobs
$60.2K - $70.6K
6% of jobs
$70.6K - $81K
11% of jobs
$84.9K is the 25th percentile. Wages below this are outliers.
$81K - $91.4K
11% of jobs
The median wage is $99.6K / yr.
$91.4K - $101.8K
23% of jobs
$101.8K - $112.2K
13% of jobs
$119K is the 75th percentile. Wages above this are outliers.
$112.2K - $122.6K
12% of jobs
$122.6K - $133K
8% of jobs
$133K - $143.4K
6% of jobs
$143.4K - $153.8K
4% of jobs
$153.8K - $164.2K
2% of jobs
$49.7K
$107.8K
$164.2K
How much do model risk manager jobs pay per year?
What are common challenges a model risk manager faces when validating complex financial models?
What is the difference between Model Risk Manager vs Quantitative Analyst?
| Aspect | Model Risk Manager | Quantitative Analyst |
|---|---|---|
| Required Credentials | Advanced degrees in finance, statistics, or mathematics; certifications like FRM or CFA | Degree in finance, economics, mathematics, or related fields; often CFA or CQF |
| Work Environment | Focus on risk management teams within financial institutions; regulatory compliance | Analytical roles within trading, investment, or banking divisions; model development |
| Employer & Industry Usage | Financial institutions, banks, asset managers | Investment 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 skills and qualifications are needed to be a model risk manager?
What does a model risk manager do?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 22 days ago
Black & Veatch rating
8.9
Based on 19 frontline employees who took The Breakroom Quiz
53rd of 441 rated engineering
Job description
As an employee-owned company, our people are Black & Veatch. We put them at the center of everything we do and empower them to grow, explore new possibilities and use their diverse talents and perspectives to solve humanity's biggest challenges in an ever-evolving world. With over 100 years of innovation in sustainable infrastructure and our expertise in engineering, procurement, consulting and construction, together we are building a world of difference.
Company : Black & Veatch Corporation
Req Id : 116043
Opportunity Type : Staff
Relocation eligible : Yes
Full time/Part time : Full-Time
Project Only Hire : No
Visa Sponsorship Available: No
Why Black & Veatch?
At Black & Veatch, you'll be part of work that matters-designing, creating, and building the infrastructure communities rely on every day, from concept through execution.
We care about how the work gets done as much as what we build. Safety is built into every decision, and people look out for each other-speaking up, collaborating, and doing the right thing because it affects real lives.
You'll work alongside teams solving complex challenges and turning ideas into solutions that perform in the real world-gaining hands-on experience across projects, technologies, and disciplines.
Ownership shows up in how we work. We take responsibility for outcomes, follow through on commitments, and take pride in what we deliver. As a 100% employee-owned company, employees share in the long-term success we build together.
With flexible ways of working and meaningful development opportunities, you'll build a career you can be proud to stand behind.
The Opportunity
The Head of Enterprise Risk Management (ERM) is responsible for designing, implementing, and leading the enterprise-wide risk management program for a large Engineering, Procurement, and Construction (EPC). This executive role partners closely with operations, project delivery, finance, legal, supply chain, HSE, and executive leadership to identify, assess, mitigate, and monitor strategic, operational, financial, regulatory, and project-related risks across the company's portfolio.
The role is critical to protecting the company's financial strength, reputation, project performance, and long-term growth objectives while enabling disciplined risk-taking in support of strategic priorities.
Key Responsibilities
Enterprise Risk Leadership
- Develop and lead the company's enterprise risk management framework, governance model, policies, and reporting structure.
- Establish a consistent methodology for identifying, assessing, prioritizing, mitigating, and monitoring risks across all business units and projects.
- Lead periodic enterprise risk assessments and maintain the corporate risk register.
- Present enterprise risk profiles, emerging risks, and mitigation strategies to executive leadership, the Board of Directors, and Audit/Risk Committees.
- Promote a strong risk-aware culture across the organization.
EPC Project & Operational Risk Management
- Partner with business development, estimating, operations, and project leadership to evaluate risk exposure on major EPC pursuits and active projects.
- Review contract structures, commercial terms, delivery strategies, joint ventures, consortium agreements, and execution plans for risk implications.
- Support risk analysis related to:
- Large capital projects
- Fixed-price and lump-sum contracts
- Schedule and cost overruns
- Supply chain disruption
- Labor availability
- Regulatory compliance
- Geopolitical and commodity risks
- Develop project risk governance standards and escalation protocols for high-risk projects.
Strategic & Financial Risk Oversight
- Collaborate with finance and treasury teams on liquidity, credit, bonding capacity, and financial exposure management.
- Support M&A activities, strategic partnerships, and market expansion initiatives through risk diligence and scenario analysis.
- Assess macroeconomic, regulatory, cybersecurity, and operational resilience risks affecting the business.
Governance, Compliance & Reporting
- Ensure alignment with applicable regulatory requirements, internal controls, and governance expectations.
- Coordinate closely with Internal Audit, Legal, Compliance, HSE, and Cybersecurity functions.
- Develop ERM dashboards, metrics, key risk indicators (KRIs), and executive reporting tools.
- Coordinate closely with the Head of Security on business continuity and crisis management planning efforts.
Leadership & Team Development
- Build and lead a high-performing enterprise risk management organization.
- Mentor and develop risk professionals and project risk personnel.
- Drive continuous improvement through analytics, benchmarking, and technology-enabled risk management practices.
Key Competencies
- Executive presence and strategic leadership
- Strong commercial and contractual acumen
- Deep analytical and problem-solving capability
- Influencing and stakeholder management skills
- Ability to operate effectively in high-growth, project-driven environments
- Strong communication and presentation skills
- Sound judgment and decision-making under uncertainty
Success Measures
- Reduction in enterprise and project risk exposure
- Improved predictability of project outcomes
- Effective management of claims and insurance costs
- Enhanced enterprise risk visibility and reporting
- Strong audit, compliance, and governance outcomes
- Increased organizational risk maturity
Management Responsibilities
Supervises work of others. Responsible for hiring, discipline, and pay administration of their subordinates.
Preferred Qualifications
- MBA, JD, or advanced technical degree preferred.
- 15+ years of progressive experience in enterprise risk management, project risk, construction risk, insurance, or operational risk within EPC, industrial construction, energy, infrastructure, or related sectors.
- Significant experience supporting large-scale EPC projects.
- Demonstrated experience leading enterprise risk programs for complex, matrixed organizations.
- Experience presenting to executive leadership and boards.
- Strong understanding of:
- EPC contracting models
- Project controls and project deliver yrisk
- Insurance and claims management
- Regulatory and compliance frameworks
- Operational and financial risk assessment methodologies
Minimum Qualifications
- Bachelor's degree in Finance, Engineering, Construction Management, Risk Management, Business, or related field required.
- All applicants must be able to complete pre-employment onboarding requirements (if selected) which may include any/all of the following: criminal/civil background check, drug screen, and motor vehicle records search, in compliance with any applicable laws and regulations.
Certifications
- Preferred Certifications
- Certified Risk Management Professional (RIMS-CRMP)
- Project Management Professional (PMP)
- Professional Engineer (PE) or equivalent technical credential preferred
Work Environment/Physical Demands
- Periodic travel to project sites and corporate offices across the United States.
- Hybrid or flexible work options may be offered after the first 90 days of employment based upon manager discretion, job performance and work assignments.
- Travel requirement: approximately 20-35%
Competencies
Salary Plan
GMT: General Management
Job Grade
022
Black & Veatch endeavors to make www.bv.com/careers accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process because of a disability, please contact the Employee Relations Department at +1-913-359-1622 or via our accommodations request form. This contact information is for disability accommodation requests only; you may not use this contact information to inquire about the status of applications. General inquiries about the status of applications will not be returned.
Black & Veatch is committed to being an employer of choice by creating a valuable work experience that keeps our people engaged, productive, safe and healthy.
Our comprehensive benefits portfolio is a key component of this commitment and offers an array of health care benefits including but not limited to medical, dental and vision insurances along with disability and a robust wellness program.
To support a healthy work-life balance, we offer flexible work schedules, paid vacation and holiday time, sick time, and dependent sick time.
A variety of additional benefits are available to our professionals, including a company-matched 401k plan, adoption reimbursement, tuition reimbursement, vendor discounts, an employment referral program, AD&D insurance, pre-taxed accounts, voluntary legal plan and the B&V Credit Union. Professionals may also be eligible for a performance-based bonus program.
We are proud to be a 100 percent ESOP-owned company. As employee-owners, our professionals are empowered to drive not only their personal growth, but the company's long-term achievements - and they share in the financial rewards of the success through stock ownership.
By valuing diverse voices and perspectives, we cultivate an authentically inclusive environment for professionals and are able to provide innovative and effective solutions for clients.
BVH, Inc., its subsidiaries and its affiliated companies, complies with all Equal Employment Opportunity (EEO) laws and regulations. Black & Veatch does not discriminate on the basis of age, race, religion, color, sex, national origin, marital status, genetic information, sexual orientation, gender Identity and expression, disability, veteran status, pregnancy status or other status protected by law.
Notice to External Search Firms: Black & Veatch does not accept unsolicited resumes and will not be obligated to pay a placement fee for unsolicited resumes. Black & Veatch Talent Acquisition engages with search firms directly for hiring needs.
What Black & Veatch employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About Black & Veatch
Sourced by ZipRecruiter
Company: Black & Veatch Family of Companies Together, we own our company, our future, and our shared success. As an employee-owned company, our people are Black & Veatch. We put them at the center of everything we do and empower them to grow, explore new possibilities and use their diverse talents and perspectives to solve humanity's biggest challenges in an ever-evolving world. With over 100 years of innovation in sustainable infrastructure and our expertise in engineering, procurement, consulting and construction, together we are building a world of difference.
Industry
Civil engineering construction
Company size
10,000+ Employees
Headquarters location
Overland Park, KS, US
Year founded
1915