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Model Risk Manager Jobs in Northport, AL (NOW HIRING)

Internal Auditor- Senior

Brookwood, AL · On-site

$75K - $93K/yr

We expect this teammate to be a role model for the "Warrior Way" and to uphold the highest ... Ability to articulate issues, risk impact, and recommendations to management in a clear and ...

Accountant - Senior

Brookwood, AL · On-site

$65K - $82K/yr

We expect this person to be a role model for the "Warrior Way" and uphold the highest standards of ... As a senior accountant, you would be responsible for managing financial records, reporting ...

Cyber Security Tutor

Tuscaloosa, AL · Remote

$18 - $40/hr

Skilled at teaching security analysis, threat modeling, and defensive strategy implementation ... risk management, compliance requirements, and ethical computing practices. * Curriculum Awareness ...

Accountant - Senior

Brookwood, AL · On-site

$65K - $82K/yr

We expect this person to be a role model for the "Warrior Way" and uphold the highest standards of ... As a senior accountant, you would be responsible for managing financial records, reporting ...

Your work will shape how models learn, reason, and perform through high-quality, real-world input ... management and benefit-risk assessment methodology. * Hands-on experience with MedDRA coding ...

Your work will shape how models learn, reason, and perform through high-quality, real-world input ... management and benefit-risk assessment methodology. * Hands-on experience with MedDRA coding ...

Finance Tutor

Tuscaloosa, AL · Remote

$18 - $40/hr

... risk adjustment in valuation, and interpreting financial ratios. Adapts instruction using financial calculators, Excel modeling exercises, and case study analysis to support students from ...

Showing results 21-40

Model Risk Manager information

See Northport, AL salary details

$48.4K

$104.9K

$159.9K

How much do model risk manager jobs pay per year?

As of Aug 21, 2026, the average yearly pay for model risk manager in Northport, AL is $104,906.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,600.00 and $121,300.00 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 cities near Northport, AL are hiring for Model Risk Manager jobs?

Cities near Northport, AL with the most Model Risk Manager job openings:

Manager, Supply Base Development and North America Market Intelligence

Mercedes-Benz Cars UK Limited

Vance, AL • On-site

Full-time

Medical, Life, Retirement

Posted 9 days ago


Job description

Mercedes-Benz: Building Exceptional Vehicles... and Careers!

The best chapters in Alabama's automotive success story are yet to come. The Mercedes-Benz automobile of the future will be different; greener, more efficient, safer, and even more fascinating. 

Only one thing will never change - It will wear a star.

The vehicles we manufacture are the finished results of our skilled workforce, and we're hiring even more. We are looking for Specialists and Team Members to join us in crafting a wide variety of vehicles from the Mercedes-Maybach GLS SUV to our all-electric electric vehicle, the EQS SUV and EQE SUV. Our Tuscaloosa County site is home to the production of Mercedes' luxury SUV models, including electric vehicles. Just down the road in Bibb County, MBUSI has launched the production of high-performance lithium-ion batteries. Our two campuses are among the most advanced automotive manufacturing facilities in the world, with over 6 million square feet combined. 

MBUSI offers an excellent total rewards package including competitive compensation, health and life insurance, 401(k) matching program and defined contribution retirement plan, annual bonuses, tuition assistance, and paid holidays. Further on-site MBUSI resources such as childcare, medical center and fitness center are available for all to utilize. 

Our Team Members share a common goal to be the best luxury auto manufacturer in North America. MBUSI is committed to excellence and actively promotes positive team culture, teamwork, safety, quality, and continuous improvement. 

Mercedes-Benz, U.S. International, Inc. takes pride in being an Equal Employment Opportunities workplace.  Mercedes-Benz U.S. International, Inc. is committed to equal opportunity regardless of race, age, ethnic origin, and any other characteristics classified under applicable Local and Federal laws.

All qualified candidates are encouraged to apply for the opportunity to join us in electrifying the future!

Purpose of the Position:

The role "Procurement Localization & Supplier Intelligence" drives the development of a competitive, resilient, and localized supply base within the USMCA region, ensuring long-term supply continuity, cost competitiveness, and sourcing readiness for MercedesBenz.
It leads critical upstream purchasing activities, including market screening, supplier assessment, and the development of nomination-ready suppliers across all tiers. The role builds deep market and technology expertise and ensures alignment between regional execution and central Purchasing Germany requirements.
By identifying supply gaps, advancing localization and TierN build-up, and providing cost transparency and sourcing options, the role directly influences nomination decisions, commodity strategies, and supply chain resilience. It acts as a key integrator of localization, cost, and risk considerations into MSK and global purchasing frameworks.

Key Objectives
- Build a qualified, nomination-ready supplier base (USMCA compliant) and close TierN gaps
- Deliver market intelligence, technology insights, and competitive benchmarks
- Ensure cost transparency and competitiveness (e.g., should-cost, benchmarks)
- Enable sourcing decisions via pre-RFQ strategies, supplier shortlists, and readiness
- Drive localization and resilience strategies and integrate into commodity / MSK frameworks
- Act as interface to central Purchasing Germany ensuring alignment and governance

Essential Functions: 

Supplier Base Development & Localization (30%)
Build and develop a qualified, nomination-ready supplier pool (USMCA compliant)
Identify and close TierN supply gaps to enable deep localization
Drive supplier capability assessments, development, and readiness

Market Intelligence & Supplier Screening (25%)
Conduct market screening and supplier identification aligned with global and regional requirements
Develop technology and supplier landscape transparency (L4L, trends, competitors)
Provide market intelligence reports and benchmarking insights

Sourcing Preparation & Strategy Enablement (20%)
Define pre-RFQ supplier shortlists and sourcing strategies
Ensure supplier readiness for nomination and sourcing processes
Contribute to commodity strategies and MSK frameworks

Cost Analysis & Competitiveness (15%)
Develop cost breakdowns (should-cost) and benchmarks
Identify cost optimization potentials and competitive positioning
Enable fact-based sourcing and negotiation support

Localization & Resilience Strategy Integration (10%)
Define and implement localization / deep-localization concepts
Integrate resilience and risk mitigation measures into supply base strategies
Ensure alignment with central Purchasing Germany and global governance

Number of direct reports - 6

QUALIFICATIONS: Education, Experience and Necessary Skills all must be met in order to qualify for position.

 

Education: 

This position requires a Bachelor's degree in: Industrial Engineering, Mechanical Engineering, Supply Chain/Operations Management, Business Administration, or related area or the equivalent combination of education and experience.

Experience:   

A minimum of five (5) years' of relevant professional experience in the following area(s): Procurement, Supplier Quality, Supplier Management function or related functions.

Necessary Skills, Certifications, etc.:  

Technical & Functional Expertise
Strong knowledge of procurement, sourcing governance, and supplier management
Solid understanding of end-to-end sourcing and nomination processes
Experience with MB project frameworks and automotive standards

Analytical Skills
Strong ability to analyze complex issues and derive solutions
Experience with root cause analysis and supplier improvement actions
Data-driven mindset with focus on insights and decision support

Project & Stakeholder Management
Proven ability to manage multiple projects and drive cross-functional alignment
Strong influencing and negotiation skills in an international environment

Leadership & Communication
Results-oriented change agent with strong ownership and accountability
Excellent communication skills and intercultural competence
Fluency in English required

Networking & Collaboration
Strong global procurement network (incl. MP Germany)
Effective collaboration across functions, regions, and suppliers

Preferred Skills:

German and/or Spanish language skills


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