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Model Risk Manager Jobs in Little Rock, AR (NOW HIRING)

Meat Manager

Cabot, AR · On-site

$18 - $23.75/hr

Risk Management/Avoidance -I monitor, manage and am responsible for my department's execution of ... I model high standards of behavior for others through personal actions and commitment to the ...

Meat Manager Trainee

Cabot, AR · On-site

$18 - $23.75/hr

Risk Management/Avoidance -I monitor, manage and am responsible for my department's execution of ... I model high standards of behavior for others through personal actions and commitment to the ...

Closing Manager

Benton, AR · On-site

$12.25 - $16/hr

Risk Management/Avoidance -I monitor the store's execution of all employee, customer and equipment ... I model high standards of behavior for others through personal actions and commitment to the ...

Closing Manager

Mayflower, AR · On-site

$12.50 - $16.25/hr

Risk Management/Avoidance -I monitor the store's execution of all employee, customer and equipment ... I model high standards of behavior for others through personal actions and commitment to the ...

Closing Manager

Mayflower, AR · On-site

$12.50 - $16.25/hr

Risk Management/Avoidance -I monitor the store's execution of all employee, customer and equipment ... I model high standards of behavior for others through personal actions and commitment to the ...

Closing Manager

England, AR · On-site

$13.75 - $17.75/hr

Risk Management/Avoidance -I monitor the store's execution of all employee, customer and equipment ... I model high standards of behavior for others through personal actions and commitment to the ...

Closing Manager

Benton, AR · On-site

$12.25 - $16/hr

Risk Management/Avoidance -I monitor the store's execution of all employee, customer and equipment ... I model high standards of behavior for others through personal actions and commitment to the ...

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Showing results 1-20

Model Risk Manager information

See Little Rock, AR salary details

$49.4K

$107K

$163.1K

How much do model risk manager jobs pay per year?

As of Aug 26, 2026, the average yearly pay for model risk manager in Little Rock, AR is $106,998.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,300.00 and $123,700.00 per year, depending on experience, location, and employer.

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 skills and qualifications are needed to be a model risk manager?

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 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 popular job titles related to Model Risk Manager jobs in Little Rock, AR?

For Model Risk Manager jobs in Little Rock, AR, the most frequently searched job titles are:

What job categories do people searching Model Risk Manager jobs in Little Rock, AR look for?

The top searched job categories for Model Risk Manager jobs in Little Rock, AR are:

Infographic showing various Model Risk Manager job openings in Little Rock, AR as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $88,974 per year, or $42.8 per hour.

Business Risk and Control Manager - Deposits & Payments

Little Rock, AR • On-site


Simmons Bank
Commercial Banking • 1 - 5K employees

8.0

Company rating: 8.0 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

71st of 172 rated banks

People enjoy working here

Good employer

Recommended by parents


Full-time

Re-posted 20 days ago


Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Position Summary

The Business Risk & Controls Manager (BCM) serves as a trusted partner to the Business Unit, providing advisory support to senior management in establishing consistent, scalable risk management practices aligned to Enterprise standards. In partnership with the First Line of Defense, the BCM helps translate Enterprise risk frameworks into practical application - guiding adherence to risk and compliance requirements while enabling the business to operate efficiently and confidently. Through this partnership model, the BCM strengthens the overall control environment, enhances risk transparency, and enables the Business Unit to make informed, risk-aware decisions.

Essential Duties and Responsibilities

  • Build relationships with all levels of leadership to effectively manage risk within the Business Unit.

  • Work within the Enterprise Risk Management (ERM) Framework

  • Partner with Compliance, Risk Management, and Audit to liaise in communicating and supporting all risk and compliance-based initiatives

  • Oversight of business controls (including risk and control self-assessments)

  • Evaluation of control effectiveness

  • Identification of control gaps, and facilitation of timely remediation

  • Support internal and external audits, regulatory exams while providing ongoing monitoring and insight to proactively manage risk exposures

  • Conduct control testing and reporting; Monitor and report on control strengths

  • Maintain a library of process maps and a library of controls

  • Conduct Risk and Control Self-Assessments (RCSAs) within the oversight of the ERM Framework

  • Formally document and monitor any issues identified inclusive of entering those issues into the Issues Management System for remediation

  • Leverages risk assessment data and identify key data-driven insights tied to the Business Unit

  • Identifies and manages top and emerging risks that stem from business activities and the job role

  • Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled

  • Follows written risk and compliance policies and procedures for business activities

  • Assists with translating control deficiencies into action plans and provides recommendations to enhance governance practices in alignment with risk and compliance frameworks

  • Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.

  • Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

  • Expert knowledge in operation risk and controls execution in a medium to large financial institution

  • Excellent verbal and written communication skills

  • Ability to work independently in a changing environment with shifting priorities

  • Ability to manage multiple projects under stressed timelines

  • Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations

  • Ability to read, analyze and interpret financial report and/or legal documents

  • Ability to write routine reports, procedures and business correspondence; ability to write procedures

  • Ability to effectively present information in one-on-one and small group situations,

  • to customers, clients and other employees in the organization

  • Ability to effectively present information in one-on-one and small group situations, to customers, senior management, and/or boards of directors

Education & Experience

  • Bachelor's degree in a business, risk, or related field, or equivalent experience

  • 6+ years of experience in operational risk, controls, or bank operations (10+ years in lieu of degree)

  • Advanced degree preferred with relevant industry experience

  • Demonstrated exposure to data analytics and emerging technologies to support risk insights and decision-making

Computer Skills

  • Preferred experience with GRC platforms (Workiva, MetricStream, RSA Archer) to manage risk and control documentation

  • Expert proficiency with MS Office programs

  • Banking platform experience preferred

Certificates, Licenses, Registrations

  • Financial Risk Manager (FRM) a plus

Other Qualifications (including physical requirements)

  • Strong leadership skills required to interact with more senior team members and executives

  • Understanding of enterprise, operational, and model risk related control frameworks and regulatory requirements is highly desirable

  • Critical thinking and excellent communication skills

  • Inquisitive nature, resourcefulness, and ability to seek out information

  • Ability to work independently in a changing environment with shifting priorities

  • Ability to manage multiple projects under tight timelines

Other

Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.

Skills Training

  • Communication, Critical Thinking, Judgment and Decision Making, Leadership, Management

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.



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