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Model Risk Manager Jobs in Powder Springs, GA (NOW HIRING)

Your future team produces industry leading machine learning models and decision systems whose ... Away from leading the team and managing customer delivery work, you'll guide new commercial ...

Your future team produces industry leading machine learning models and decision systems whose ... Away from leading the team and managing customer delivery work, you'll guide new commercial ...

Catastrophe Model Development: Apply expertise in catastrophe risk modeling research and ... Support Tokio Marine Group enterprise exposure management and other risk analytics functions to ...

Develop compelling business cases, ROI models, and executive narratives aligned to issuer ... Preferred Experience selling AI/ML-driven fraud or risk platforms. Familiarity with Visa's Value ...

Serve as subject matter expert on AI technologies, including large language models and emerging AI ... Strong judgment and risk assessment capability * Experience working cross-functionally with IT and ...

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Model Risk Manager information

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$48.8K

$105.6K

$161K

How much do model risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for model risk manager in Powder Springs, GA is $105,636.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,200.00 and $122,200.00 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 are popular job titles related to Model Risk Manager jobs in Powder Springs, GA? For Model Risk Manager jobs in Powder Springs, GA, the most frequently searched job titles are:
What cities near Powder Springs, GA are hiring for Model Risk Manager jobs? Cities near Powder Springs, GA with the most Model Risk Manager job openings:
Senior Manager - Third Party Risk Strategy

Senior Manager - Third Party Risk Strategy

McKinsey & Company

Atlanta, GA • On-site

Full-time

Posted 15 days ago


McKinsey & Company rating

8.5

Company rating: 8.5 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

15th of 57 rated business consultants


Job description

Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You've come to the right place.
YOUR IMPACT
You will lead strategy and program oversight across multiple third-party risk verticals, including suppliers and client-facing collaborators.
You will be responsible for shaping and advancing a unified, end-to-end TPRM framework that supports a diverse and global third-party ecosystem. You will own the design and evolution of the firm's third-party risk lifecycle, including risk identification, onboarding due diligence, risk tiering, ongoing monitoring, issue management, and offboarding governance.
You will ensure that the framework is consistently applied across third-party segments, while incorporating tailored approaches for different risk profiles and engagement models. You will ensure that onboarding processes are efficient, auditable, and aligned with firm risk appetite and user experience expectations.
You will be part of Optimize, McKinsey's global procurement capability, enhancing and protecting the firm's resources and reputation by making responsible buying easy and creating leading solutions and experiences across our third-party ecosystem.You will be joining the Third-Party Risk Strategy pillar of Optimize's Third Party Risk & Social Responsibility team. Thisteam defines and governs the firm's global third-party risk management (TPRM) program, spanning various third-party types and risk domains.
While day-to-day execution is led by the Operations team, you will be accountable for program performance and alignment to strategy. You will assess whether service levels, controls, and processes are operating effectively across verticals, and drive improvements where gaps are identified.
You will define and monitor key program metrics, including service levels, onboarding cycle times, risk coverage, and remediation effectiveness. You will use these insights to optimize performance, reduce risk exposure, and improve the overall third-party experience.
You will partner closely with the governance pillar to inform the development of policies, standards, and control requirements, providing input based on program insights, operational performance, and emerging risks. You will ensure that policies and standards are effectively translated into scalable processes, tools, and workflows across the third-party risk lifecycle. You will stay ahead of evolving regulatory expectations and industry frameworks (e.g., NIST, ISO, SOC, and relevant regulatory guidance), assessing implications for the program and driving necessary enhancements to maintain alignment.
You will own the evolution of third-party risk tooling and digital capabilities, including governance of TPRM platforms, onboarding workflows, data sources, and reporting infrastructure. You will drive the use of data, automation, and analytics to enhance scalability, transparency, and decision-making.
In addition to strategy development, you will lead execution of complex, global initiatives to enhance program capabilities, improve processes, and implement changes across the firm. You will play a key role in strengthening risk management capabilities, including supporting documentation, training, and fostering a strong risk-aware culture.
You will report to the Director of Third Party Risk Strategy and work closely with global stakeholders including Ethics & Compliance, Finance, Legal, Client Service Risk focused specifically on suppliers and client-facing collaborators (CFCs) external entities the firm engages with to deliver products and services, including suppliers, and ecosystem partners. You will be based out of London, Philadelphia, New York, New Jersey, Atlanta, Boston, Miramar, Tampa, or Washington DC office.
YOUR GROWTH
You are someone who thrives in a high-performance environment, bringing a growth mindset and entrepreneurial spirit to tackle meaningful challenges that have a real impact.
In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities to help you quickly broaden your expertise, grow into a well-rounded professional, and contribute to work that truly makes a difference.
When you join us, you will have:
  • Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
  • A voice that matters: From day one, we value your ideas and contributions. You'll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
  • Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm's diversity fuels creativity and helps us come up with the best solutions. Plus, you'll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
  • Exceptional benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

YOUR QUALIFICATIONS AND SKILLS
  • 10+ years of professional experience with a demonstrable record of impact, including 10+ years in third-party risk management, compliance, or a related field, ideally within a global organization
  • Deep expertise in third-party risk management frameworks, including lifecycle design, onboarding processes, and internal control environments across multiple third-party segments
  • Experience designing, governing, or advancing enterprise risk programs, with accountability for program performance and outcomes
  • Experience in a professional services or consulting environment strongly preferred
  • Strong understanding of global regulatory expectations and industry frameworks related to third-party risk (e.g., NIST, ISO, SOC, and relevant regulatory guidance)
  • Experience with TPRM/GRC platforms and driving digital enablement, including workflow design, data, reporting, and automation
  • Exceptional analytical and problem-solving skills, with the ability to translate complex data into actionable insights
  • Excellent judgment and exceptional integrity, as well as distinctive interpersonal and collaborative skills
  • Proven ability to lead large, cross-functional initiatives and drive execution in complex, global environments
  • Curious mindset and demonstrated ability to learn new concepts and ideas, and to apply those concepts across multiple content areas
  • Strong professional computing skills, including Microsoft Office products (i.e. Excel, PowerPoint, Visio)
  • Comfortable with ambiguity in a work-setting, knowing how to address and manage unpredictable outcomes
  • Superior communication & interpersonal skills, including the ability to present to a global audience on a regular basis, build and maintain highly effective and collaborative relationships

Please review the additional requirements regarding essential job functions of McKinsey colleagues.
Our unwavering commitment to integrity drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve.

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