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Model Risk Manager Jobs in Raceland, LA (NOW HIRING)

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Model Risk Manager information

See Raceland, LA salary details

$49.1K

$106.4K

$162.2K

How much do model risk manager jobs pay per year?

As of Jul 3, 2026, the average yearly pay for model risk manager in Raceland, LA is $106,415.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,900.00 and $123,100.00 per year, depending on experience, location, and employer.

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 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 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 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 job categories do people searching Model Risk Manager jobs in Raceland, LA look for? The top searched job categories for Model Risk Manager jobs in Raceland, LA are:
What cities near Raceland, LA are hiring for Model Risk Manager jobs? Cities near Raceland, LA with the most Model Risk Manager job openings:
API 510/570 for offshore work- Houma, LA

API 510/570 for offshore work- Houma, LA

Intertek

Houma, LA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago


Intertek rating

7.8

Company rating: 7.8 out of 10

Based on 76 frontline employees who took The Breakroom Quiz

47th of 103 rated laboratories


Job description

API 510/570 for offshore work- Houma, LA.

Intertek's Asset Integrity Management team provides asset life management support to infrastructure, facilities, and equipment through the conception, design, construction, commissioning, operations, and decommissioning phases. Intertek provides specialists and engineering support in all areas of Asset Integrity Management, including design, process safety, mechanical integrity, inspection and maintenance, operational and process support, corrosion, metallurgy, and risk analysis to provide you with Total Quality Assurance.
 

What are we looking for?

The API 510/570 Inspector will perform visual inspections and various non-destructive examinations under the direction of a Project Manager, Team Leader, or independently at numerous client facilities in the Gulf of America as well as land-based projects.

Salary & Benefits Information

In addition to competitive compensation packages, when working with Intertek you can expect benefits including medical, dental, vision, life, disability, 401(k) with company match, generous vacation / sick time (PTO), tuition reimbursement and more. 

  Individual compensation packages are based on a variety of factors unique to each candidate including skill set, experience, qualifications, and other job-related reasons.

What you'll do:

  • Prepare Inspection reports and document data in a clear and timely manner
  • Interface with the client on technical matters involving Inspection procedures and capabilities
  • Provide a professional appearance when interfacing with clients and other coworkers
  • Stay abreast of any new developments in API-certified Inspection that may be applicable in our business
  • Follow technology advancements in the NDE/Inspection industries

    This position outline is a general guideline and does not represent all encompassing details. The position assumes that the incumbent has both the mental and physical requirements to carry out the above defined duties.    

 

What is takes to be successful in this role:

  • Current API 510/570 certification with 5+ years' experience minimum; additional API certifications a plus
  • Rope Access (IRATA or SPRAT) experience and prior certification preferred
  • NDE and Drafting background preferred
  • Offshore experience and related certifications preferred
  • CUI experience preferred
  • Valid TWIC card (required)
  • Valid driver's license and reliable driving record (required)
  • Excellent computer and organizational skills a must
  • Self-motivated driven individual a must
  • Must be able to apply examination criteria in accordance with applicable standards/specifications/procedures on the provided job scopes and evaluate test results
  • Maintain open lines of communication with coworkers, clients, and subcontractors
  • Ability to provide clear and technical guidance to other technicians and subcontractors (preferred)
  • Ability to solve technical issues in the field.

 Intertek: Total Quality. Assured.

Intertek is a world leader in the Quality Assurance market, with a proven, high-quality business model and a global network of customer-focused operations and highly engaged subject matter experts. With passion, pace, and precision we work to exceed our customers' expectations, while engaging with our employees to be 10X in their performance and professional growth.

Intertek is a drug-free workplace. As a condition of employment, certain positions may be required to pass a pre-employment drug test based on the type of work that will be performed.

We Value Diversity

Intertek's network of phenomenal people are our greatest assets, and the diversity they bring fuels our success. Intertek is an Equal Employment Opportunity Employer that values inclusion and diversity. We take affirmative action to ensure all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other legally protected characteristics.

For individuals with disabilities who would like to request accommodation, or who need assistance applying, please email intertekhrusa@intertek.com or call 1-877-694-8543 (option #5) to speak with a member of the HR Department.

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*Intertek does not accept unsolicited approaches from agencies and will not pay a fee for any placement resulting from the receipt of an unsolicited resume.     

Intertek is a leading Total Quality Assurance provider to industries worldwide. Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification (ATIC) solutions for our customers' operations and supply chains. Working at Intertek means joining a global network of state-of-the-art facilities and passionate people who deliver superior customer service with a purpose of bringing quality, safety, and sustainability to life. Intertek's Industry Services team uses expert technical knowledge of industries such as oil & gas, power generation, renewable energy, chemical, construction and transportation to provide a diverse range of innovative Total Quality Assurance solutions that optimize operations while minimizing risks in quality, safety and cost.  Some of our key services include vendor inspection, site construction services, asset integrity management, non-destructive & materials testing, 3D laser scanning & dimensional control and energy & water consulting services. 

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