129K–161K USD / year
Model Risk Manager
OtherWorkplace — US
Published on 2026-10-09
These details were extracted automatically from the original listing. They may not be complete or fully up to date — it's worth checking the original job post.
About this role
Mercury is seeking a Model Risk Manager to develop and manage a risk-based Model Risk Management program as it transitions to a regulated banking environment. The role involves independent validation of models used across various business functions, ensuring their safe and effective application.
About the company
Mercury provides banking and financial software for startups, combining business accounts, cards, and money-management tools designed for venture-backed companies.
What you'll do
- Conduct independent validations of models in various areas like credit and fraud.
- Evaluate model methodologies, assumptions, and performance.
- Maintain a complete model inventory.
- Document validation conclusions and recommend remediation.
- Support controlled model use during validation.
- Develop reports on model risk and performance concerns.
What we're looking for
- 5+ years of experience in model validation or quantitative risk analytics.
- Bachelor’s degree in related field; Master’s or PhD preferred.
- Strong knowledge of model risk management principles.
- Experience with SQL and Python for data analytics.
- Effective communication skills for diverse audiences.