Find Jobs
Find Jobs Near You – Available Work in Your Location
Skip to job details
MM
Mitchell Martin Inc
Manager Model Risk
Career Insights for Risk Manager
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on Delaware data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
A Risk Manager evaluates risk and recommends and manages strategies to mitigate or offset risks that could result in financial losses for a company or organization. Analyzes current risks and assesses potential new risks. Reviews contracts and insurance policies; prepares risk budgets. Communicates risk policies and procedures to staff at all levels of a company.
$110,015 / year median in Delaware
Job Description
Title:
Manager Model Risk Location:
Newark, DE Employment Type:
Full Time - Hybrid 3Days Onsite Compensation:
Pay Range:
$126,000-$139,000Per Year Job Summary:
- The position is based in a hybrid setting in Newark, DE, offering full-time employment.
- The role entails managing model risk frameworks, ensuring compliance, and assessing financial models.
- Proficiency in data analysis and programming is essential.
Key Responsibilities:
- Manage and mentor a team responsible for model risk.
- Implement and maintain a model risk management framework.
- Oversee validation and testing of financial models.
- Assess model effectiveness and suggest improvements.
- Report model risk findings to senior management.
Qualifications:
- Strong knowledge of quantitative analysis and risk assessment.
- Familiarity with regulatory requirements.
- Proficiency in programming languages such as a general-purpose programming language.
- Excellent analytical and problem-solving skills.
- 5 years of experience in model risk management or a related field.
Core Technologies:
- General-purpose programming language | Statistical packages