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Model Risk Manager Jobs in Ruleville, MS (NOW HIRING)

Fresenius Medical Care

Registered Dietitian

Clarksdale, MS · On-site

$31.25 - $42/hr

Identifies malnourished patients as well as patients at risk for malnutrition and works ... Collaborates with the interdisciplinary team on management and recommendations for mineral ...

CoreCivic, Inc.

Psychiatrist

Tutwiler, MS

$280K - $340K/yr

... model. Location: Tallahatchie County Correctional Facility. 19351 US 49, Tutwiler, MS 38963 Hours ... evaluate suicide risk, self-harm, and dangerous behaviors among incarcerated individuals.

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Model Risk Manager information

See Ruleville, MS salary details

$44K

$95.3K

$145.2K

How much do model risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for model risk manager in Ruleville, MS is $95,263.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,900.00 and $110,200.00 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.
Model Risk Manager jobs near you
Deposit Pricing Strategy, Senior Manager

Deposit Pricing Strategy, Senior Manager

Hancock Whitney Bank

Whitney, MS

Full-time

Posted 26 days ago

Hancock Whitney Bank rating

7.7

Company rating: 7.7 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

80th of 149 rated banks

Job description

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JOB FUNCTION / SUMMARY:

The Deposit Pricing Strategy, Senior Manager leads the development, execution, and governance of enterprise-wide deposit pricing strategies across all customer segments (consumer, small business, commercial, and wealth) to support balance sheet growth, liquidity, net interest margin (NIM), and profitability objectives. This role serves as a strategic partner to executive leadership, Treasury, Finance, and ALCO by providing data-driven insights, forecasts, and scenario analyses to inform balance sheet and pricing decisions, while also leading pricing-related technology and process initiatives and maintaining robust pricing governance and policy frameworks.

ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Lead the development and execution of enterprise-wide deposit pricing strategies across all customer segments to support balance sheet growth, liquidity management, net interest margin (NIM), and profitability objectives.
  • Translate enterprise financial objectives into actionable pricing tactics, campaigns, product strategies, and portfolio optimization initiatives.
  • Oversee deposit pricing governance, including pricing policies, exception rate approval processes, internal controls, and adherence to risk management and governance standards.
  • Monitor market conditions, competitor pricing, interest rate environments, and macroeconomic indicators to identify emerging risks, opportunities, and strategic pricing adjustments.
  • Develop and maintain advanced pricing analytics and elasticity models to forecast deposit flows and customer behavior under varying interest rate and economic scenarios.
  • Conduct scenario modeling, sensitivity analyses, and forward-looking forecasts related to deposit balances, net interest margin, and fee revenue to inform strategic balance sheet decisions.
  • Prepare and present pricing performance updates, market insights, forecasts, and strategic recommendations to senior leadership, the Deposit Committee, and Asset Liability Committee (ALCO).
  • Facilitate Deposit Committee meetings and decision-making processes to ensure pricing actions align with executive leadership priorities and enterprise financial objectives.
  • Partner with Treasury, Finance, Product, Marketing, and Technology teams to integrate pricing strategies into enterprise initiatives, product launches, promotional campaigns, and system capabilities.
  • Lead or support technology, analytics, and process improvement initiatives that enhance deposit pricing capabilities, including automation, reporting enhancements, data quality improvements, and analytical efficiency.

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:

  • Bachelor's degree in Business, Finance, Economics, Analytics, or a related discipline required.
  • Master's degree preferred.
  • Minimum of 5 years of experience in banking-related roles such as product management, deposit pricing, corporate treasury, finance, or analytics.
  • 3+ years of experience managing a deposit portfolio with demonstrated success driving results through analysis, pricing strategies, campaigns, or product initiatives preferred.
  • Proven ability to influence, collaborate, and build consensus with peers and executive leadership.
  • Strong proficiency in SQL and Power BI required.
  • Proficiency in Python and/or R preferred.
  • Advanced analytical, modeling, and financial forecasting capabilities.
  • Strong presentation and communication skills with the ability to translate complex analysis into executive-level insights.

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS:

  • Ability to travel if required to perform the essential job functions
  • Ability to work under stress and meet deadlines
  • Ability to operate related equipment to perform the essential job functions
  • Ability to read and interpret a document if required to perform the essential job functions
  • Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Equal Opportunity/Affirmative Action Employers.  All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.

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