Risk Modeling Manager jobs in Lowell, MA

Risk Modeling Manager oversees the strategic business analysis modeling activities involved in an organization's credit risk management function. Develops and evaluates systems associated with controlling credit risk. Being a Risk Modeling Manager determines strategies and policies that maximize profits and asset growth, and minimize credit and operating losses and other risk exposure. Requires a bachelor's degree. Additionally, Risk Modeling Manager typically reports to top management. The Risk Modeling Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Risk Modeling Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Risk Manager
  • Workers Credit Union
  • Littleton, MA FULL_TIME
  • Career Opportunity: Risk Manager

    Location: Littleton, MA

    Compensation: The salary range for this role is between $110k - $120k per year. Actual compensation will be determined based on experience, location, and other factors permitted by law.

    Position Summary: As our Risk Manager you will assist the Deputy Chief Risk Officer (DCRO) with managing the Credit Union's Internal Audit Program, Enterprise Risk Management Program, Self-Identified Issues and Testing Programs.

    General Responsibilities:

    • Internal Audit Program: Assists the DCRO with managing the outsourced Internal Audit function. This includes assisting with audits, developing the annual internal audit risk assessment, and maintaining the follow-up tracker.
    • Committee Involvement: You will attend the Supervisory Committee and the Enterprise Risk Management Committee meetings and help develop the packet and transcribe the meeting minutes.
    • Regulatory Complaints: You will assists the VP/Senior Compliance Officer with managing the regulatory complaints. This includes researching regulatory guidance, responding to regulatory agencies, and tracking all complaints
    • Enterprise Risk Management ("ERM"): You will assists the DCRO with managing the Enterprise Risk Management ("ERM") function of the Credit Union. This includes training the business units with the ERM Governance Risk and Compliance ("GRC") software, leading the risk and control self-assessments, analyzing risks and financial implications, and working with the business units to ensure that the level of risk remains within acceptable tolerance limits.
    • Self-identified issues tracker: You will assist the DCRO with managing the self-identified issues tracker. You will populate the tracker, partner with the business unit to ensure proper controls are in place to mitigate future issues, follow the remediation process through to completion, and perform reporting and analytics as requested.
    • Self-Testing Program: You will assist the DCRO with managing and modifying the Credit Union's self-testing program as dictated by regulatory changes.

    What you will need to be successful:

    • Associate degree preferred, high school diploma or equivalent is required.
    • Minimum five to seven years experience in a financial institution working within the Risk Management Department as a lead, such as Senior and/or Manager or equivalent title.
    • Designations such as NCRM, NCCO, CIA, etc are preferred, but not required.
    • Excellent analytical, quantitative, and data-gathering skills are required
    • Ability to read, analyze, and interpret laws, regulations, and procedure manuals.
    • Excellent interpersonal skills along with strong oral and written communication skills
    • Computer literate with working knowledge of Microsoft Word, Microsoft Excel, and Adobe required.

    About Workers Credit Union: Since 1914, Workers Credit Union has existed to Improve the Daily Lives of our Members. We deliver on our core purpose by partnering with our members to help them make their best financial choices and improve their financial wellness. We call this The Workers Way and this is at the center of everything we do. Through our specialized financial counseling, we are pioneering a new member experience through high-touch service and convenient technology. We have grown to over 2.6 Billion in assets and serve over 120,000 members. We are one of the top performing credit unions in Massachusetts with big plans for the future!

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.




    Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

     

  • 1 Month Ago

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Senior Principal Scientist - Modeling
  • Applied BioMath
  • Concord, MA FULL_TIME
  • About Applied BioMath:Applied BioMath is a leading life sciences company at the intersection of mathematics, biology, and clinical research. We specialize in quantitative systems pharmacology and mech...
  • 1 Month Ago

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Insurance Sales Manager
  • Koch Protect Insurance Agency Sales Manager
  • Littleton, MA FULL_TIME
  • Job Title: Insurance Sales Manager Company: Koch Protect Insurance Location: Acton Toyota of Littleton and Koch Rt2 in Lancaster (On-site) About Us:Koch Protect Insurance is a reputable insurance agen...
  • 7 Days Ago

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Insurance Sales Manager
  • Koch Protect Insurance Agency Sales Manager
  • Littleton, MA FULL_TIME
  • Job Title: Insurance Sales Manager Company: Koch Protect Insurance Location: Acton Toyota of Littleton and Koch Rt2 in Lancaster (On-site) About Us:Koch Protect Insurance is a reputable insurance agen...
  • 7 Days Ago

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Director of Software Engineering - Simulation and Modeling
  • Seurat Technologies
  • Wilmington, MA FULL_TIME
  • We are currently seeking a talented and team-oriented Director of Simulation Software Engineering to add to our team. The ideal candidate will be a team leader who will be responsible for coordinating...
  • 15 Days Ago

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Security Officer- Unarmed
  • Brosnan Risk Consultants
  • Tewksbury, MA OTHER
  • Company Overview/Benefits Unarmed Security Officer -Tewksbury Pay Rate: $20.50/hour Health, Vision, and Dental plans 401k with company match up to 4 % Shifts: 8am-4pm and 4pm-11:30pm Days: Mon-Sun Wee...
  • 19 Days Ago

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0 Risk Modeling Manager jobs found in Lowell, MA area

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Senior Quantitative Portfolio Analyst, Quantitative Model Management
  • Fidelity TalentSource LLC
  • Boston, MA
  • Job Description: Senior Quantitative Portfolio Analyst Quantitative Model Management Team, Strategic Advisers, LLC At Fi...
  • 4/23/2024 12:00:00 AM

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Business Operations Manager
  • Firstpro Inc
  • Salem, NH
  • Operations Manager North Andover, MA, OR Windham, NH In-office expectations: 3-4 days a week Responsibilities Summary: O...
  • 4/23/2024 12:00:00 AM

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Business Operations Manager
  • firstPRO, Inc
  • Salem, NH
  • Operations Manager North Andover, MA, OR Windham, NH In-office expectations: 3-4 days a week Responsibilities Summary: O...
  • 4/22/2024 12:00:00 AM

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Automotive Client Care Specialist
  • Audi Burlington
  • Burlington, MA
  • Herb Chambers Audi Burlington has a fantastic opportunity to start a long and rewarding career for the right person! We ...
  • 3/11/2024 12:00:00 AM

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Automotive Client Care Specialist
  • Herb Chambers Cadillac of Lynnfield
  • Lynnfield, MA
  • Herb Chambers Cadillac of Lynnfield has a fantastic opportunity to start a long and rewarding career for the right perso...
  • 12/4/2023 12:00:00 AM

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Automotive Client Care Specialist
  • Porsche of Burlington
  • Burlington, MA
  • Herb Chambers Porsche Burlington has a fantastic opportunity to start a long and rewarding career for the right person! ...
  • 8/24/2023 12:00:00 AM

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Automotive Client Care Specialist
  • Herb Chambers Honda of Burlington
  • Burlington, MA
  • Herb Chambers Honda of Burlington has a fantastic opportunity to start a long and rewarding career for the right person!...
  • 7/25/2023 12:00:00 AM

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Automotive Client Care Specialist
  • Herb Chambers Kia of Burlington
  • Burlington, MA
  • Herb Chambers Kia of Burlington has a fantastic opportunity to start a long and rewarding career for the right person! W...
  • 7/25/2023 12:00:00 AM

Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massachusetts disbanded county government in 1999. With an estimated population of 109,945 in 2014, it is the fourth-largest city in Massachusetts, and the second-largest in the Boston metropolitan statistical area. The city is also part of a smaller Massachusetts statistical area called Greater Lowell, as well as New England's Merrimack Valley region. Incorporated in 1826 to serve as a mill town, Lowell was named after Francis Cabot Lowell, a local fi...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Risk Modeling Manager jobs
$233,541 to $342,899
Lowell, Massachusetts area prices
were up 1.6% from a year ago

Risk Modeling Manager in Las Cruces, NM
This regulation laid the foundation for assessing model risk for financial institutions around the world, but was initially targeted towards Systemically Important Financial Institutions (a.k.a., SIFIs), which were deemed by the government to be "too big to fail" during the Great Recession.
February 03, 2020
Risk Modeling Manager in New Haven, CT
Arguably the place where data and analytics have generated the most interest among cyber insurers is around questions of aggregation management, systemic risk, and catastrophe loads on policies, according to Jonathan Laux, managing director and cyber analytics practice head at Aon's Reinsurance Solutions business.
January 26, 2020
Risk Modeling Manager in Winston Salem, NC
Because the industry is changing so rapidly, financial institutions are compelled to ask whether their financial risk leaders are keeping up, or more importantly, keeping ahead of the change.
January 23, 2020