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Model Risk Manager Jobs in Rockwell, NC (NOW HIRING)

Martello Re

Model Risk Actuary

Charlotte, NC · On-site

$113K - $133K/yr

The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving ...

Truist

Operational Risk Governance Analyst

Charlotte, NC · On-site +1

Primary focus will be to manage Operational and Model Risk Operations as well as policy governance activities. 4. Execute processes that drive ORM reporting to ensure transparency of operational and ...

New

Rite-Hite

Financial Risk Manager

Concord, NC

Build and maintain financial models to quantify exposures and run scenario and stress analyses. * Manage insurance and risk financing programs (domestic, global, and captive), including oversight of ...

GENNTE Technologies

Sr Risk Analyst

Charlotte, NC · On-site

Ensure strict adherence to regulatory and governance requirements, including Model Risk Management (MRM) guidelines (e.g., SR 11-7), consumer privacy laws, and fair lending practices. * Provide clear ...

Deloitte

Financial Risk Manager

Charlotte, NC

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...

Truist

Sr. Audit Manager - Quant

Charlotte, NC

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

US Bank

Cloud Technology Risk Manager

Charlotte, NC

This Technology Risk Manager position will support the Technology Infrastructure organization. To ... Public cloud platforms (AWS and Azure) - service enablement/blueprint processes, IAM models, PaaS ...

USAA

Senior Audit Manager - Model Risk/AI

Charlotte, NC · On-site +1

Manages strategic initiatives and assists with the development and implementation of a risk-based ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

US Bank

Quantitative Modeler Manager - AML

Charlotte, NC

$53.50 - $69.25/hr

S. Bank Model Risk Governance standards, and collaborating with Model Risk Validation to address ... Management, internal audit and quality assurance functions, business partners, and regulators.

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All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Rockwell, NC

Model Risk Manager information

See Rockwell, NC salary details

$47.1K

$102K

$155.5K

How much do model risk manager jobs pay per year?

As of Jul 27, 2026, the average yearly pay for model risk manager in Rockwell, NC is $102,015.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,300.00 and $118,000.00 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 cities near Rockwell, NC are hiring for Model Risk Manager jobs? Cities near Rockwell, NC with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Rockwell, NC as of July 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $102,015 per year, or $49 per hour.

Model Risk Actuary

Martello Re

Charlotte, NC • On-site

$113K - $133K/yr

Full-time

Posted 7 days ago

Job description

About Martello Re
At Martello Re, we are building a distinctive reinsurance offering grounded in exceptional client service, innovative solutions, and advanced data analytics. We are committed to attracting top talent and empowering individuals to make meaningful contributions while advancing their careers. Our dynamic, high-energy environment fosters collaboration and encourages bold thinking at all levels. At the same time, we maintain a steadfast focus on long-term financial strength to serve the best interests of our cedants and their policyholders.
The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving, capital, and risk management are appropriately governed, documented, challenged, approved, monitored, and reviewed in line with internal standards and regulatory expectations. The position requires strong actuarial, financial, and investments knowledge combined with risk management skills to safeguard the integrity and reliability of model-driven decisions.
Key Duties and Responsibilities
  • Maintain and administer the company's model governance and assumption governance frameworks in alignment with regulatory requirements and industry best practices.
  • Identify, assess, monitor and report on model risk within the company's enterprise risk management framework.
  • Serve as secretary to the Company's Model and Assumption Governance Committee.
  • Maintain comprehensive inventories of all models and assumptions used within the company.
  • Perform independent validations of actuarial and financial models.
  • Lead the annual review of model risk rating classifications.
  • Oversee model change processes, ensuring proper testing, documentation, and approval before deployment.
  • Monitor model limitations, uncertainties, and potential biases.
  • Support the usage of standardized model and assumption governance tools and templates.
  • Manage and support annual review of the Company's actuarial assumptions.
  • Support technical review of pricing initiatives.
  • Collaborate with actuarial, finance, underwriting, and risk teams to embed model risk awareness.
  • Provide training and guidance on model risk principles.
  • Support the implementation of a data governance framework applicable to actuarial, and/or financial uses of data.
  • Other tasks as assigned.

Required Education and Experience
  • Preferred: FSA or equivalent along with bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience
  • In lieu of Bachelor's, will accept Master's in a listed discipline and 3 years of relevant experience.
  • In lieu of FSA, will accept ASA or equivalent professional designation and 7 years of relevant experience.
  • Prior experience in model governance, assumption governance, or risk management preferred.

Required Skills
  • Strong understanding of stochastic modeling, financial reporting, and regulatory frameworks (e.g., US GAAP, Bermuda EBS).
  • Proficiency in actuarial software and data analytics tools.
  • Excellent communication and influencing skills.
  • Ability to challenge constructively and manage cross-functional relationships.
  • Advanced Microsoft Office skills (Excel, Word, PowerPoint)
  • Demonstrated ability to manage multiple priorities and meet deadlines in fast-paced environment
  • High degree of attention to detail and excellent problem-solving skills
  • Capable of summarizing and communicating complex topics clearly and succinctly
  • Ability to work independently and as part of a team
  • High ethical standards and integrity

Location and Travel
  • Martello Re welcomes applications for remote positions from candidates residing in the Eastern/Central United States where the company currently operates (CT, FL, GA, IL, IN, MD, MA, MO, NJ, NY, NC, PA, SC, TN, TX & District of Columbia) or within a commutable distance to our Charlotte, NC office in the United States. We are proud to be an equal opportunity employer and consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected status.
  • This position may require periodic travel to Martello Re offices or other relevant locations.

Physical Requirements
  • Prolonged periods of sitting at a desk and working on a computer.
  • Must be able to lift 15 pounds at times

Note for Recruitment Agencies
We kindly request that you do not forward any resumes to Martello Re employees unless specifically requested for this position or other roles within our organization. Martello Re bears no responsibility for fees related to unsolicited resumes.
Note to Applicants
Personal Information collected is used for recruitment purposes only and will be shared with hiring managers and those involved in the hiring process. We may retain your personal information for a reasonable period in compliance with applicable regulations, typically one year post application submission, to enable us to match your details with other suitable job opportunities that may arise from time to time, unless otherwise requested. Please refer to Martello Re's Privacy Notice for further information on your rights and how we protect your personal information: Privacy Notice- Martello Re.

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