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Director Model Risk Governance Jobs in Virginia (NOW HIRING)

IT Project Manager

Mclean, VA · On-site

$100K - $118K/yr

Maintain and implement model risk governance framework within the regulatory environment and maintain all governance documents. Build and maintain data quality reporting. * Maintenance and management ...

Develop customer lifetime value (CLV) and portfolio economics models to inform acquisition ... Collaborate crossfunctionally with Product, Engineering, Risk Governance, Legal, Compliance, and ...

... governance across the WDP Core Integration program, directing the full lifecycle of third-party risk identification, assessment, mitigation, and reporting across NIPRNet, SIPRNet, and JWICS ...

The ability to lend locally strengthens our financial system, and our team plays a direct role in ... Advance risk analytics capabilities by developing models, tools, and AI-driven solutions that ...

The ability to lend locally strengthens our financial system, and our team plays a direct role in ... Advance risk analytics capabilities by developing models, tools, and AI-driven solutions that ...

The ability to lend locally strengthens our financial system, and our team plays a direct role in ... Advance risk analytics capabilities by developing models, tools, and AI-driven solutions that ...

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Director Model Risk Governance information

What is the difference between Director Model Risk Governance vs Model Risk Analyst?

AspectDirector Model Risk GovernanceModel Risk Analyst
CredentialsAdvanced degrees (e.g., Master’s, PhD), professional certifications (e.g., FRM, CFA)Bachelor’s or Master’s degree, relevant certifications
Work EnvironmentStrategic oversight, policy development, senior stakeholder engagementData analysis, model validation, risk assessment
Employer & Industry UsageFinancial institutions, banks, asset managersFinancial institutions, risk management teams
Search & Comparison IntentUnderstanding leadership roles in model risk governanceEntry to mid-level model risk roles, analysis tasks

The main difference is that the Director Model Risk Governance focuses on strategic oversight, policy setting, and managing model risk at a senior level, while the Model Risk Analyst handles technical validation, data analysis, and risk assessment tasks. The director role involves leadership and decision-making, whereas the analyst role is more technical and operational.

What are the key skills and qualifications needed to thrive as a Director of Model Risk Governance, and why are they important?

To thrive as a Director of Model Risk Governance, you need deep expertise in quantitative finance, risk management, and model validation, often backed by an advanced degree in a quantitative field and relevant industry experience. Familiarity with risk management frameworks, regulatory standards (e.g., SR 11-7), and proficiency in analytical tools like Python, R, or SAS are typically required. Exceptional leadership, communication, and critical thinking skills help you effectively oversee teams and coordinate with stakeholders across the organization. These competencies are vital to ensure robust model governance, regulatory compliance, and informed risk-based decision-making at the enterprise level.

What are Director Model Risk Governance roles?

Director Model Risk Governance roles are senior positions responsible for overseeing and managing the risks associated with financial and predictive models within an organization. These professionals establish and implement model risk management frameworks, ensure compliance with regulatory requirements, and oversee model validation processes. They collaborate with model developers, validators, and business units to identify, assess, and mitigate model risks, as well as report on governance effectiveness to senior management. Their work is crucial in maintaining the reliability and integrity of models used for decision-making and regulatory reporting.

What are some common challenges faced by a Director of Model Risk Governance, and how can they be addressed?

A Director of Model Risk Governance often encounters challenges such as ensuring consistent model validation across diverse business units, keeping up with evolving regulatory requirements, and fostering effective communication between model owners, validators, and senior management. Addressing these challenges typically involves establishing robust model risk frameworks, maintaining clear documentation, and promoting a culture of transparency and collaboration. Regular training sessions and open forums can help bridge knowledge gaps, while leveraging technology can streamline model inventory and validation processes.
What are the most commonly searched types of Model Risk Governance jobs in Virginia? The most popular types of Model Risk Governance jobs in Virginia are:
What are popular job titles related to Director Model Risk Governance jobs in Virginia? For Director Model Risk Governance jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Director Model Risk Governance jobs in Virginia look for? The top searched job categories for Director Model Risk Governance jobs in Virginia are:
What cities in Virginia are hiring for Director Model Risk Governance jobs? Cities in Virginia with the most Director Model Risk Governance job openings:
Manager I, Enterprise Data Risk

Manager I, Enterprise Data Risk

Navy Federal Credit Union

Vienna, VA • On-site

Full-time

Posted 7 days ago


Navy Federal Credit Union rating

8.1

Company rating: 8.1 out of 10

Based on 264 frontline employees who took The Breakroom Quiz

58th of 138 rated financial services


Job description

Leads a team of Enterprise Data Risk Governance professionals, ensuring the effective execution of Data Sharing risk oversight and compliance. Develop and implement Data Sharing risk mitigation strategies while collaborating with internal stakeholders to align data risk management practices with organizational objectives. Manage execution of Data Risk program on behalf of senior leaders, delivering measurable outcomes. Provide thought leadership on data risk governance and ensure adherence to regulatory requirements, policies, and industry best practices.

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

Our approach to careers is simple yet powerful: Make our mission your passion.

  • FORTUNE 100 Best Companies to Work For 2025
  • Yello and WayUp Top 100 Internship Programs
  • Computerworld Best Places to Work in IT
  • Newsweek Most Loved Workplaces
  • 2025 PEOPLE Companies That Care
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  • Military Times 2025 Best for Vets Employers
  • Best Companies for Latinos to Work for 2025
  • Forbes 2025 America's Best Large Employers
  • Forbes 2025 America's Best Employers for New Grads
  • Forbes 2025 America's Best Employers for Tech Workers
  • 2025 RippleMatch Campus Forward Award Winner for Overall Excellence 
  • Military.com Top Military Spouse Employers 2025 
  • 2025 Handshake Early Talent Award

From Fortune. 2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.

Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.

Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

  • Bachelor's Degree in technology, data management, business administration, economics, statistics, mathematics, or equivalent combination of education and experience
  • College/university degree and 5-7 years work experience with risk and controls self-assessments (RCSA), including assessing data management risks, governance and controls at a large financial institution; 1 - 3 years of supervisory experience
  • Broad knowledge of enterprise data risk management, risk governance frameworks, and regulatory requirements.
  • Broad knowledge of banking and financial industry trends, data lifecycle management, and risk mitigation strategies.
  • Experience leading risk governance initiatives, data quality assessments, and compliance monitoring.
  • Demonstrated ability to develop risk appetite statements, KRI/KPIs, and enterprise-level risk reporting.
  • Experience managing multiple priorities independently and collaboratively in a dynamic environment.
  • Strong interpersonal and communication skills, including the ability to influence stakeholders and drive strategic initiatives.
  • Experience analyzing enterprise data risks, identifying control gaps, and implementing remediation plans.
  • Experience supervising and mentoring employees across multi-disciplinary teams.
  • Proficiency in data analytics, risk modeling, and regulatory reporting tools.
  • Skills in programming languages such as SQL, Python, R, or SAS.

Desired Qualifications

  • Master's Degree in technology, data management, business administration, economics, statistics, mathematics, or equivalent combination of education and experience
  • Familiarity with cloud computing technologies such as: Apache Spark, Azure Data Factory, Azure DevOps, Azure ML (Machine Learning), Hadoop, Microsoft Azure, Databricks, AWS, Google Cloud
  • Experience using a well-known GRC system
  • Experience in SAS, SQL, SPSS, Tableau or other data analysis or visualization tools

Additional Information 

Hours:

  • Monday - Friday, 8:00AM - 4:30PM

Location: 

  • 820 Follin Lane, Vienna, VA 22180
  • Design and implement risk frameworks that align with enterprise data governance objectives.
  • Assist leadership in developing strategy and capabilities for holistic management of data sharing risks across the enterprise
  • Develop and maintain integrated program plans and track measurable outcomes towards program goals
  • Lead risk assessments and establish controls to mitigate data sharing risks.
  • Coordinate with compliance, legal, and IT teams to ensure regulatory requirements are met.
  • Develop risk reporting structures to provide insight into data governance effectiveness.
  • Drive continuous improvement in data risk management practices.
  • Lead the integration of data risk governance across business lines and enterprise functions.
  • Implement key performance indicators (KPIs) to measure governance effectiveness.
  • Ensure the alignment of data risk governance practices with corporate risk appetite.
  • Oversee data access controls and risk monitoring tools to detect potential issues.
  • Facilitate risk discussions with leadership and provide recommendations on data risk mitigation.

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About Navy Federal Credit Union

Sourced by ZipRecruiter

Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Vienna, VA, US

Year founded

1933