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Model Risk Manager Jobs in Providence, RI (NOW HIRING)

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Technology Risk Assessor

Smithfield, RI · On-site

Job Summary The Technology Risk Assessor is responsible for managing and assessing a portfolio of ... Experience building and improving vendor management processes and governance models

YMCA

Sr. Director Risk Management

Brockton, MA · On-site

$70K - $95K/yr

... proven ability to model behaviors to support Y culture and develop high-performing and ... Ymca Careers Similar Positions Benefits, Compensation & HRIS Manager (Association Office) YMCA of ...

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Model Risk Manager information

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$52K

$112.7K

$171.7K

How much do model risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for model risk manager in Providence, RI is $112,696.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,900.00 and $130,300.00 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 job categories do people searching Model Risk Manager jobs in Providence, RI look for? The top searched job categories for Model Risk Manager jobs in Providence, RI are:
What cities near Providence, RI are hiring for Model Risk Manager jobs? Cities near Providence, RI with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Manager of Cybersecurity Program and Risk

Manager of Cybersecurity Program and Risk

Blount Fine Foods

Warren, RI • On-site

$110.40K - $149.20K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 days ago

Blount Fine Foods rating

6.3

Company rating: 6.3 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

259th of 378 rated food and drinks producers

Job description

Description
Bringing our love of food to families for five generations! Blount Fine Foods is a family-owned and operated manufacturer, marketer, and developer of premium fresh prepared foods. We are an engaging team, bringing restaurant-quality products to America including single-serve grab-n-go fresh soups, mac & cheese, and entrées in grocery stores across the country, as well as for hot bars and restaurants. Help us create the finest food experiences including those with specialty certifications that include organic, gluten-free, and low sodium, among others. Join a proven team for growth, success, and a satisfying career!
THIS OPPORTUNITY IS FULLY ONSITE AT OUR COROPRATE OFFICE IN WARREN, RI.
Job Summary
The Cybersecurity Program & Risk Manager is accountable for owning, integrating, and advancing the organization's enterprise cybersecurity risk posture. This role goes beyond program coordination to actively shape risk decisions, influence executive leadership, and ensure cybersecurity risks are understood, prioritized, and managed in business terms. The position serves as the single point of accountability for cybersecurity risk management across governance, third-party risk, workforce behavior, and compliance obligations.
Duties/Responsibilities
Enterprise Cybersecurity Risk & Program Ownership
  • Own the enterprise cybersecurity risk framework, including identification, assessment, prioritization, and mitigation tracking.
  • Maintain and mature the cybersecurity and technology risk register with clear risk statements, ownership, and mitigation plans.
  • Develop and execute a multi-year cybersecurity program roadmap aligned to business strategy.
  • Facilitate cybersecurity maturity assessments and pragmatic improvement planning.
Third-Party, Supply Chain & Subsidiary Risk Management
  • Own cybersecurity risk management for third parties, suppliers, logistics partners, co-manufacturers, and SaaS vendors.
  • Define and enforce cybersecurity requirements in contracts and ensure evidence-based compliance.
  • Coordinate vendor risk assessments and remediation activities with Procurement and Legal.
  • Ensure subsidiaries comply with corporate cybersecurity policies and minimum standards.
Governance, Executive Reporting & Assurance
  • Prepare cybersecurity risk materials for leadership and governance committees.
  • Translate cybersecurity risk into business, operational, and reputational impact.
  • Support audits, assessments, and external reviews with defensible documentation.
  • Develop dashboards and executive metrics to show risk posture and trend visibility.
Security Awareness, Training & Human Risk
  • Own the enterprise security awareness and phishing simulation program.
  • Analyze trends and recommend corrective actions to reduce human risk.
  • Partner with HR and Communications to embed cybersecurity into company culture.
Enterprise Coordination Across Security Domains
  • Maintain awareness across incident response, vulnerability management, IAM, and endpoint security.
  • Coordinate security initiatives without owning day-to-day technical operations.
  • Ensure clarity of ownership and risk coverage across teams and vendors.

Education and/or Experience
  • 7-10+ years of experience in cybersecurity, technology risk management, or enterprise risk roles.
  • Demonstrated ownership of cybersecurity or technology risk programs.
  • Experience with third-party risk management, risk registers, audits, and compliance documentation.
  • Ability to translate technical risk into executive-level business impact.
  • Strong judgment, stakeholder management, and ability to influence without authority.
  • Experience in manufacturing, food, CPG, or industrial environments.
  • Practical experience with NIST CSF, ISO 27001, or similar frameworks.
  • Exposure to multi-entity or subsidiary operating models.
  • Experience presenting risk to executive leadership or Boards.

Our Total Compensation Package Includes:
  • Medical, dental and vision benefits.
  • 401k with Company match.
  • Paid time off including vacation, sick time and holidays.
  • Education Assistance Program.
  • Life Insurance and Short-Term Disability.
  • Discounts on Blount products at Company retail location.
  • Discretionary Annual Bonus Program.

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