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Credit Risk Model Validation Quantitative Analyst Jobs

... Model Validation, Quantitative Risk, or Enterprise Risk Management within banking or financial ... Excellent analytical, documentation, communication, and presentation skills. Preferred ...

Model Lifecycle Management, Governance & Validation * Lead annual model maintenance activities and ... quantitative risk function within a financial institution or consulting environment. * Strong ...

... Credit Risk Management, model governance, model validation, technology, and other stakeholders to ... Strong quantitative, technical, research, and programming skills. * Strong analytical skills with ...

Collaborate with Counterparty Credit Risk Management, model governance, model validation ... Strong quantitative, technical, research, and programming skills. * Strong analytical skills with ...

... on model development/validation * Supports model development and model risk management in ... Credit Risk (CCR), the Internal Model Method (IMM), Central Clearing Counterparties (CCP), Value at ...

... on model development/validation * Supports model development and model risk management in ... Credit Risk (CCR), the Internal Model Method (IMM), Central Clearing Counterparties (CCP), Value at ...

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Credit Risk Model Validation Quantitative Analyst information

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$37K

$113.9K

$197.5K

How much do credit risk model validation quantitative analyst jobs pay per year?

As of Sep 11, 2026, the average yearly pay for credit risk model validation quantitative analyst in the United States is $113,881.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,500.00 and $140,500.00 per year, depending on experience, location, and employer.

What is a credit risk model validation quantitative analyst?

A Credit Risk Model Validation Quantitative Analyst is a finance professional responsible for assessing and validating the accuracy, reliability, and performance of credit risk models used by financial institutions. Their work involves reviewing statistical methods, testing model assumptions, and ensuring compliance with regulatory requirements. By identifying model weaknesses and recommending improvements, they help institutions manage risk effectively and maintain sound lending practices.

What are the key skills and qualifications needed to thrive as a credit risk model validation quantitative analyst?

To thrive as a Credit Risk Model Validation Quantitative Analyst, you need a solid background in quantitative finance, statistics, and programming, often supported by an advanced degree in a quantitative field. Proficiency with statistical software such as Python, R, SAS, and familiarity with regulatory frameworks like SR 11-7 and Basel guidelines are typically required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret model results and convey complex findings to stakeholders. These competencies ensure models are robust, compliant, and transparent, safeguarding the organization's financial stability and regulatory standing.

What are the typical challenges faced by a credit risk model validation quantitative analyst when reviewing complex financial models?

Credit Risk Model Validation Quantitative Analysts often encounter challenges such as interpreting complex model methodologies, ensuring data integrity, and identifying model limitations or weaknesses. They must thoroughly assess both conceptual soundness and technical implementation, which can involve dissecting highly sophisticated quantitative techniques and large datasets. Collaboration with model developers and business stakeholders is essential to address findings, communicate technical issues clearly, and ensure regulatory compliance. Staying current with evolving regulatory standards and best practices is also a key aspect of the role.

What are popular job titles related to Credit Risk Model Validation Quantitative Analyst jobs?

For Credit Risk Model Validation Quantitative Analyst jobs, the most frequently searched job titles are:

Infographic showing various Credit Risk Model Validation Quantitative Analyst job openings in the United States as of September 2026, with employment types broken down into 2% As Needed, 83% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $113,881 per year, or $54.8 per hour.

Model Risk Management

Chicago, IL โ€ข On-site

Apex Systems
IT Servicesย โ€ขย 1 - 5K employees

Other

Medical, Dental, Vision, Life, Retirement

Posted 11 days ago


Job description

Role Overview

Candidates local to NYC are preferred that can go into the office. We are seeking an experienced Manager, Model Risk Management to support a large global bank's Risk Technology organization. This role will focus on model governance, model inventory oversight, independent model validation, ongoing performance monitoring, and regulatory compliance. The ideal candidate will possess a strong understanding of Model Risk Management frameworks and regulatory expectations, with the ability to influence stakeholders across Risk, Technology, Compliance, and Business teams.

Key Responsibilities
  • Maintain and oversee the enterprise model inventory, including model classification, ownership, lifecycle management, and governance compliance.
  • Lead oversight of independent model validation activities, ensuring models are appropriately tested, challenged, documented, and approved prior to implementation.
  • Monitor model performance, validation findings, and control issues, driving remediation efforts through timely resolution and escalation where appropriate.
  • Assess and oversee thirdโ€‘party and vendorโ€‘provided models, including review of vendor methodologies, documentation, assumptions, controls, and validation evidence.
  • Support model risk tiering activities and riskโ€‘based governance decisions, ensuring controls are commensurate with model complexity, materiality, and risk exposure.
  • Partner with model owners, validators, risk managers, and business stakeholders to strengthen model governance and maintain compliance with internal policies and regulatory requirements.
  • Produce clear and concise governance documentation, reporting, and presentations for senior management, risk committees, audit, and regulatory review.
Required Qualifications
  • 7+ years of experience in Model Risk Management, Model Governance, Model Validation, Quantitative Risk, or Enterprise Risk Management within banking or financial services.
  • Strong knowledge of Model Risk Management regulatory guidance, including SR11โ€‘7, SR26โ€‘2, and related supervisory expectations.
  • Handsโ€‘on experience with model inventory management, model governance, validation oversight, performance monitoring, and model risk assessments.
  • Experience reviewing and challenging model documentation, validation reports, remediation plans, and vendor model submissions.
  • Strong understanding of model lifecycle governance and riskโ€‘based control frameworks.
  • Proven ability to manage and influence stakeholders across multiple functional areas.
  • Excellent analytical, documentation, communication, and presentation skills.
Preferred Qualifications
  • Experience supporting a large global banking institution.
  • Exposure to regulatory exams, Internal Audit, or enterprise risk governance functions.
  • Experience overseeing thirdโ€‘party or vendor model governance programs.
  • Background supporting risk, finance, treasury, AML, market risk, credit risk, or operational risk models.
Company Overview

Everforth Apex is a worldโ€‘class IT services company that serves thousands of clients across the globe. When you join Everforth Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRateds Best of Staffingยฎ in Talent Satisfaction in the United States and Great Place to Workยฎ in the United Kingdom and Mexico.

Benefits Overview
  • We offer a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection.
  • We offer an ESPP (employee stock purchase program) and a 401(k) program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure.
  • Everforth Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts.
  • In terms of professional development, Everforth Apex hosts an onโ€‘demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA.
Equal Opportunity Statement

Everforth Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Everforth Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.

If you require an accommodation under the Americans with Disabilities Act to participate in an interview with a virtual recruiter or to use our website for a search or application, please contact our Benefits Department at accommodations@apexsystems.com or 804โ€‘523โ€‘8228. Please note that this contact information is strictly to be used for medical ADA accommodations and that no other inquiries will be answered.

UnitedHealthcare creates and publishes the Transparency in Coverage Machineโ€‘Readable Files on behalf of Everforth Apex Systems.

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