... Governance, Model Risk, Financial Risk and Credit Risk ... Act as a subject matter expert in ServiceNow GRC including architecture, data models, and ...
... Governance, Model Risk, Financial Risk and Credit Risk ... Act as a subject matter expert in ServiceNow GRC including architecture, data models, and ...
Model Risk - Investment Management
Manhattan, NY · On-site
$160K - $190K/yr
Contribute to the establishment and promotion of model governance standards and best practices in IMD under Nomura Group's Model Risk Management framework. * Build collaborative partnerships with ...
Model Risk - Investment Management
Manhattan, NY · On-site
$160K - $190K/yr
Contribute to the establishment and promotion of model governance standards and best practices in IMD under Nomura Group's Model Risk Management framework. * Build collaborative partnerships with ...
... Governance, Model Risk, Financial Risk and Credit Risk ... Act as a subject matter expert in ServiceNow GRC including architecture, data models, and ...
... Governance, Model Risk, Financial Risk and Credit Risk ... Act as a subject matter expert in ServiceNow GRC including architecture, data models, and ...
... Governance, Model Risk, Financial Risk and Credit Risk ... Act as a subject matter expert in ServiceNow GRC including architecture, data models, and ...
... Governance, Model Risk, Financial Risk and Credit Risk ... Act as a subject matter expert in ServiceNow GRC including architecture, data models, and ...
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
Model Risk Management (MRM) Product Lead
New York, NY · On-site
$46 - $50/hr
This role requires a strong blend of product leadership, technical depth, and domain expertise across model lifecycle and risk governance. Key Responsibilities * Own and drive the product roadmap ...
Model Risk Management (MRM) Product Lead
New York, NY · On-site
$46 - $50/hr
This role requires a strong blend of product leadership, technical depth, and domain expertise across model lifecycle and risk governance. Key Responsibilities * Own and drive the product roadmap ...
Senior Data Scientist, AI & Model Risk
New York, NY · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
Senior Data Scientist, AI & Model Risk
New York, NY · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
Senior Data Scientist, AI & Model Risk
Bodega Bay, CA · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
Senior Data Scientist, AI & Model Risk
Bodega Bay, CA · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with complex models used for valuation, risk ...
As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with complex models used for valuation, risk ...
Risk Management - Model Risk Program Associate
Manhattan, NY · On-site
$135K - $150K/yr
As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with complex models used for valuation, risk ...
Risk Management - Model Risk Program Associate
Manhattan, NY · On-site
$135K - $150K/yr
As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with complex models used for valuation, risk ...
As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with complex models used for valuation, risk ...
As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with complex models used for valuation, risk ...
Context Engineer (Model Risk Focus)
New York, NY · On-site
$50 - $53/hr
This role supports model lifecycle and risk governance through domain aware context engineering. Key Responsibilities * Design and optimize prompting and contextual structures to shape model behavior.
Context Engineer (Model Risk Focus)
New York, NY · On-site
$50 - $53/hr
This role supports model lifecycle and risk governance through domain aware context engineering. Key Responsibilities * Design and optimize prompting and contextual structures to shape model behavior.
Model Risk Control Specialist
Baltimore, MD · On-site
$70K - $125K/yr
... governance, monitoring, and documentation of Financial Crime Compliance models, partnering with ... This is a Director level position within the NFR Data & Analytics team, which is responsible for ...
Model Risk Control Specialist
Baltimore, MD · On-site
$70K - $125K/yr
... governance, monitoring, and documentation of Financial Crime Compliance models, partnering with ... This is a Director level position within the NFR Data & Analytics team, which is responsible for ...
Model Risk Gov Platform/Product Dev/Analyst (Quant. Risk)
Boston, MA · Hybrid
$90K - $180K/yr
Model Risk Governance Platform Product Developer/Analyst; State Street Bank and Trust Company; Boston, MA: The Model Risk Governance Platform Product Developer/Analyst will be a member of the Model ...
Model Risk Gov Platform/Product Dev/Analyst (Quant. Risk)
Boston, MA · Hybrid
$90K - $180K/yr
Model Risk Governance Platform Product Developer/Analyst; State Street Bank and Trust Company; Boston, MA: The Model Risk Governance Platform Product Developer/Analyst will be a member of the Model ...
Model Risk Control Specialist
Baltimore, MD · On-site
$70K - $125K/yr
... governance, monitoring, and documentation of Financial Crime Compliance models, partnering with ... This is a Director level position within the NFR Data & Analytics team, which is responsible for ...
Model Risk Control Specialist
Baltimore, MD · On-site
$70K - $125K/yr
... governance, monitoring, and documentation of Financial Crime Compliance models, partnering with ... This is a Director level position within the NFR Data & Analytics team, which is responsible for ...
Sr Director, Technology Risk (Hybrid)
Newark, NJ · Hybrid
$160K - $210K/yr
AI & Model Risk Governance: Establish and maintain model governance frameworks, ensuring model validation, monitoring, explainability, and fairness consistent with emerging regulatory expectations.
Sr Director, Technology Risk (Hybrid)
Newark, NJ · Hybrid
$160K - $210K/yr
AI & Model Risk Governance: Establish and maintain model governance frameworks, ensuring model validation, monitoring, explainability, and fairness consistent with emerging regulatory expectations.
Sr Director, Technology Risk (Hybrid)
New York, NY · Hybrid
$160K - $210K/yr
AI & Model Risk Governance: Establish and maintain model governance frameworks, ensuring model validation, monitoring, explainability, and fairness consistent with emerging regulatory expectations.
Sr Director, Technology Risk (Hybrid)
New York, NY · Hybrid
$160K - $210K/yr
AI & Model Risk Governance: Establish and maintain model governance frameworks, ensuring model validation, monitoring, explainability, and fairness consistent with emerging regulatory expectations.
As part of the second line risk framework, the Director acts as a senior leader responsible for ... This position leverages advanced analytical skills and strong governance practices to ensure that ...
Quick apply
As part of the second line risk framework, the Director acts as a senior leader responsible for ... This position leverages advanced analytical skills and strong governance practices to ensure that ...
As part of the second line risk framework, the Director acts as a senior leader responsible for ... This position leverages advanced analytical skills and strong governance practices to ensure that ...
As part of the second line risk framework, the Director acts as a senior leader responsible for ... This position leverages advanced analytical skills and strong governance practices to ensure that ...
Risk Management - Model Risk Program Management - Vice President
Jersey City, NJ · On-site
$119K - $191K/yr
As a Model Risk Management - Program Management - Vice President, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the ...
Risk Management - Model Risk Program Management - Vice President
Jersey City, NJ · On-site
$119K - $191K/yr
As a Model Risk Management - Program Management - Vice President, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the ...
Director Model Risk Governance information
See salary details
$54K - $72.7K
6% of jobs
$72.7K - $91.5K
6% of jobs
$104.9K is the 25th percentile. Wages below this are outliers.
$91.5K - $110.2K
17% of jobs
$110.2K - $128.9K
16% of jobs
The median wage is $132.3K / yr.
$128.9K - $147.6K
23% of jobs
$157.9K is the 75th percentile. Wages above this are outliers.
$147.6K - $166.4K
11% of jobs
$166.4K - $185.1K
6% of jobs
$185.1K - $203.8K
4% of jobs
$203.8K - $222.5K
4% of jobs
$222.5K - $241.3K
2% of jobs
$241.3K - $260K
3% of jobs
$54K
$143.2K
$260K
How much do director model risk governance jobs pay per year?
As of Jun 14, 2026, the average yearly pay for director model risk governance in the United States is $143,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,500.00 and $167,500.00 per year, depending on experience, location, and employer.
What is the difference between Director Model Risk Governance vs Model Risk Analyst?
| Aspect | Director Model Risk Governance | Model Risk Analyst |
|---|---|---|
| Credentials | Advanced degrees (e.g., Master’s, PhD), professional certifications (e.g., FRM, CFA) | Bachelor’s or Master’s degree, relevant certifications |
| Work Environment | Strategic oversight, policy development, senior stakeholder engagement | Data analysis, model validation, risk assessment |
| Employer & Industry Usage | Financial institutions, banks, asset managers | Financial institutions, risk management teams |
| Search & Comparison Intent | Understanding leadership roles in model risk governance | Entry 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.
More about Director Model Risk Governance jobs
What cities are hiring for Director Model Risk Governance jobs? Cities with the most Director Model Risk Governance job openings:
What are the most commonly searched types of Model Risk Governance jobs? The most popular types of Model Risk Governance jobs are:
What states have the most Director Model Risk Governance jobs? States with the most job openings for Director Model Risk Governance jobs include:
What job categories do people searching Director Model Risk Governance jobs look for? The top searched job categories for Director Model Risk Governance jobs are:
Other
Posted 8 days ago
Navy Federal Credit Union rating
8.1
Based on 263 frontline employees who took The Breakroom Quiz
58th of 138 rated financial services
Job description
Overview
As part of the Risk Technology Enablement and Innovation team, this role is responsible for advancing Governance, Risk, and Compliance (GRC) capabilities across Navy Federal. This position will partner with business leaders, risk function stakeholders, and technology teams to design, mature, and operationalize risk management programs including RCSA, Issue Management, 3rd Party Risk Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk while enabling these capabilities within our GRC platform.
The Senior Principal will operate at a strategic and enterprise level, influencing program direction, shaping technology architecture, and ensuring alignment between risk program objectives and platform capabilities.
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Responsibilities
Qualifications
Additional Information
Hours:
Locations:
About Us
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 2026
Yello and WayUp Top 100 Internship Programs 2025
Computerworld Best Places to Work in IT 2026
Most Loved Workplace - America's Top Most Loved Workplaces 2025
2025 PEOPLE Companies That Care
Newsweek Most Trustworthy Companies in America 2026
Military Times 2025 Best for Vets Employers
Forbes 2026 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
2026 Handshake Early Talent Award
Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026
From Fortune Magazine. 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates 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 or by calling 1-. 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.
As part of the Risk Technology Enablement and Innovation team, this role is responsible for advancing Governance, Risk, and Compliance (GRC) capabilities across Navy Federal. This position will partner with business leaders, risk function stakeholders, and technology teams to design, mature, and operationalize risk management programs including RCSA, Issue Management, 3rd Party Risk Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk while enabling these capabilities within our GRC platform.
The Senior Principal will operate at a strategic and enterprise level, influencing program direction, shaping technology architecture, and ensuring alignment between risk program objectives and platform capabilities.
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Responsibilities
- Serve as a trusted advisor to risk function leaders across the three lines of defense on risk program maturity, governance, and optimization
- Provide strategic recommendations to strengthen enterprise risk programs, align to industry best practices and drive consistency and integration across risk functions
- Influence and contribute to the long-term strategy for GRC technology and risk program evolution
- Partner with risk teams across the three lines of defense, building strong relationships with senior stakeholders to drive alignment, adoption, and consistency in risk processes and technology
- Lead design and maturation of enterprise initiatives and risk programs including RCSA, Issue Management, 3rd Party Risk Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk
- Act as a subject matter expert in ServiceNow GRC including architecture, data models, and integrations
- Lead translation of business needs into platform capabilities, configurations, and solution designs ensuring scalable, sustainable, and enterprise-aligned solutions
- Ensure quality through UAT oversight, change management processes, and post-implementation reviews
- Advice on platform governance, roadmap prioritization, and enterprise-wide adoption strategies
- Define success metrics (KRIs, KPIs) and reporting structures to enhance risk visibility and decision-making
- Mentor and guide junior team members and serve as a lead resource across the function
- Strong interpersonal, verbal, and written communication skills
Qualifications
- 15+ years of experience in Governance, Risk and Compliance (GRC) and Risk Management methodologies
- Advanced, hands-on knowledge of ServiceNow GRC / IRM architecture and modules
- Proven experience leading enterprise-scale risk program transformations and deep expertise across multiple risk domains (e.g., Operational Risk, 3rd Party Risk, Data Risk, Model Risk, Financial Risk, Credit Risk)
- Experience leading large, complex initiatives with enterprise impact and drive cross-functional alignment
- Strong communication skills with the ability to translate technical concepts into business outcomes
- Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
- Relevant certifications (e.g., CRISC, CISA, CISSP) preferred
Additional Information
Hours:
- Monday - Friday, 8:00AM - 4:30PM
Locations:
- 820 Follin Ln. Vienna, Virginia 22180
- 5550 Heritage Oaks Dr. Pensacola, FL 32526
About Us
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 2026
Yello and WayUp Top 100 Internship Programs 2025
Computerworld Best Places to Work in IT 2026
Most Loved Workplace - America's Top Most Loved Workplaces 2025
2025 PEOPLE Companies That Care
Newsweek Most Trustworthy Companies in America 2026
Military Times 2025 Best for Vets Employers
Forbes 2026 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
2026 Handshake Early Talent Award
Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026
From Fortune Magazine. 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates 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 or by calling 1-. 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.
What Navy Federal Credit Union employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
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