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Credit Risk Model Validation Jobs (NOW HIRING)

VP, Credit Risk Modeling

New York, NY · On-site

$160K - $175K/yr

Translate model outputs into actionable capital metrics: compute expected loss, cost of downgrade ... Experience calibrating and validating credit models. * Strong written communication for technical ...

NJ · Hybrid

$195K/yr

Barclays Services Corp. seeks AVP, Credit Risk Reporting (multiple positions) in Whippany, NJ ... DCEM), Model Validation, Quantitative Analytics and other user groups), enabling successful ...

Lead Model Validation

Chicago, IL · On-site

$95K - $163K/yr

Validate a broad range of models used across credit risk, treasury management (ALM), finance, underwriting, and related areas, includes both traditional statistical models and artificial intelligence ...

NJ · On-site

$188.18 - $195/hr

Barclays Services Corp. seeks AVP, Credit Risk Reporting (multiple positions) in Whippany, NJ ... DCEM), Model Validation, Quantitative Analytics and other user groups), enabling successful ...

Development and maintenance of a variety of risk reports, including credit, market, operational ... DCEM), Model Validation, Quantitative Analytics and other user groups), enabling successful ...

Create detailed documentation of testing, validation report, and findings. * Participate in ... Create and execute project work plans and collaborate with various teams in Finance, Credit Risk ...

... Risk Management in modeling and validation in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline.

... Risk Management in modeling and validation in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline.

This is not a seat where you inherit a model and press run. You will define the underwriting ... validating that structural protections hold under tail conditions. * Maintain on-chain risk ...

This is not a seat where you inherit a model and press run. You will define the underwriting ... validating that structural protections hold under tail conditions. * Maintain on-chain risk ...

Showing results 41-60

Credit Risk Model Validation information

See salary details

$37K

$113.9K

$197.5K

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

As of Aug 16, 2026, the average yearly pay for credit risk model validation 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 credit risk model validation?

Credit risk model validation is the process of ensuring that models used to assess the creditworthiness of borrowers are accurate, reliable, and compliant with regulatory standards. This involves independent review and testing of the model's design, data, assumptions, and performance. The goal is to identify any weaknesses or limitations that could affect the model's ability to predict credit risk, reduce financial losses, and maintain regulatory compliance. Model validation is typically performed by specialists who are not involved in the model's development to ensure objectivity.

What are some common challenges faced by professionals in credit risk model validation roles?

Professionals in Credit Risk Model Validation often encounter challenges such as staying up-to-date with evolving regulatory requirements and ensuring models remain compliant. They must also navigate the complexities of validating models that use advanced statistical techniques or machine learning, which requires both technical expertise and a thorough understanding of the underlying business context. Additionally, clear communication with stakeholders—like model developers, auditors, and risk managers—is essential to address findings and recommend improvements effectively. Managing tight deadlines and balancing multiple validation projects simultaneously can also be demanding.

What are the key skills and qualifications needed to thrive in credit risk model validation, and why are they important?

To thrive in Credit Risk Model Validation, you need a strong background in quantitative finance, statistics, and risk management, usually supported by a relevant degree such as in mathematics, finance, or engineering. Familiarity with statistical programming languages (such as Python, R, or SAS), model validation frameworks, and regulatory guidelines like Basel accords is crucial. Attention to detail, critical thinking, and clear communication skills help you effectively analyze models and convey complex findings to stakeholders. These competencies are vital for ensuring accurate risk assessment, regulatory compliance, and the robustness of financial institutions' credit risk models.

What is the difference between Credit Risk Model Validation vs Credit Risk Analyst?

AspectCredit Risk Model ValidationCredit Risk Analyst
Primary FocusAssessing and validating the accuracy of credit risk modelsAnalyzing credit data to assess borrower risk and support lending decisions
Skills & CertificationsStatistical, quantitative skills; certifications like FRM or CFA often preferredFinancial analysis skills; relevant certifications like CFA or credit-specific training
Work EnvironmentQuantitative teams within risk management or model validation unitsCredit departments, lending teams, or risk management units

While both roles involve credit risk, Credit Risk Model Validation focuses on testing and validating models' accuracy, whereas Credit Risk Analysts evaluate individual creditworthiness to inform lending decisions. The validation role is more technical and model-focused, while analysts work directly with credit data and client assessments.

More about Credit Risk Model Validation jobs

What cities are hiring for Credit Risk Model Validation jobs?

Cities with the most Credit Risk Model Validation job openings:

What states have the most Credit Risk Model Validation jobs?

States with the most job openings for Credit Risk Model Validation jobs include:

What job categories do people searching Credit Risk Model Validation jobs look for?

The top searched job categories for Credit Risk Model Validation jobs are:

Infographic showing various Credit Risk Model Validation job openings in the United States as of August 2026, with employment types broken down into 2% As Needed, 82% Full Time, 13% Part Time, and 3% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $113,881 per year, or $54.8 per hour.

Model Risk Senior Analyst - Validation [Multiple positions available]

M&T Bank

New York, NY • On-site

$155K - $165K/yr

Full-time

Posted 18 days ago


M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

79th of 171 rated banks


Job description

Title: Model Risk Senior Analyst - Validation [Multiple positions available]

Job Location: 277 Park Avenue, New York, NY 10172. Position requires in-office work four (4) days every week.

Job Description: Conduct independent review and validation of selected models used in the organization, focused on assessing risk and validating specific categories of models across the Bank, and ensure compliance with SR 11-07. Use SAS, SQL, Python, R and Excel to extract and analyze data from source systems for use in model validation. Review and validate models used across the Bank for capital stress testing, risk measurement and prediction, pricing, profitability, credit loss forecasting, wealth management, marketing, compliance, profitability and management decision-making, and other functions as needed. Independently review model's theoretical basis, performance, monitoring, assumptions, as well as implementation. Review remediations for the findings identified. Compose validation report and memo that describes the validation work conducted, effective challenge to the model, gaps and findings identified during the validation. Collaborate with the team lead or manager to review and confirm proper controls and adequate documentation are in place. Effectively interact with specific lines of business and/or support areas including Credit Risk, Finance, Treasury to manage model risk. Track and document progress of the validation. Maintain internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Responsible for day-to-day model validation activities. Plan, organize, and produce results. Interact with internal and external stakeholders/vendors to manage model risk and maximize shareholder return. Complete ad-hoc analysis timely upon requests. Develop standard of model validation tasks and automation codes.

Minimum requirements: Master's degree (or foreign equivalent) in Mathematics, Statistics, Quantitative Finance, Economics, or a related field of study plus five (5) years of experience in the job offered or as a Model Validation Manager, Model Risk Management Analyst, Model Developer, or related occupation.

Requires five (5) years of experience in each of the following:

  • Performing validations of credit models or liquidity models.
  • Working with regulator's requirement of capital stress testing.
  • Evaluating model's performance and fit for stress testing usage, using well designed shocks from relevant economic factors, and working with specific independent variables and stress scenarios.
  • Building logistic regression models, linear regression models, and time series models assessing their assumptions and performance.
  • Using SQL, SAS, and Python to pull data, analyze data, assess data quality, estimate model parameters for logistic regression, linear regression and time series models
  • Using SAS or Python to assess model and business assumptions and ongoing model performance.

Salary: $155,471.50-$165,471.50 per year

LocationNew York, New York, United States of America

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