The Model Risk Management Director is a senior leader within the Risk & Regulatory Compliance function, accountable for independent oversight of model risk across the firm. Operating within the Model ...
The Model Risk Management Director is a senior leader within the Risk & Regulatory Compliance function, accountable for independent oversight of model risk across the firm. Operating within the Model ...
The Model Risk Management Director is a senior leader within the Risk & Regulatory Compliance function, accountable for independent oversight of model risk across the firm. Operating within the Model ...
The Model Risk Management Director is a senior leader within the Risk & Regulatory Compliance function, accountable for independent oversight of model risk across the firm. Operating within the Model ...
Associate Director - Model Risk
Jersey City, NJ · On-site
$120K - $200K/yr
The US Enterprise Model Risk Management (EMRM) under RBC's Group Risk Management (GRM) mainly ... As Associate Director of US EMRM, the person will work closely with model stakeholders to ...
Associate Director - Model Risk
Jersey City, NJ · On-site
$120K - $200K/yr
The US Enterprise Model Risk Management (EMRM) under RBC's Group Risk Management (GRM) mainly ... As Associate Director of US EMRM, the person will work closely with model stakeholders to ...
Company Description A Major International Bank in Midtown Manhattan is seeking an AVP of Model Risk Management. Fluency in Mandarin is required due to the nature of the Position/Client CANDIDATES ...
Company Description A Major International Bank in Midtown Manhattan is seeking an AVP of Model Risk Management. Fluency in Mandarin is required due to the nature of the Position/Client CANDIDATES ...
... models to ensure compliance with regulatory standards ... WHAT YOU WILL DO LIST In concert with Director of Operational Risk Management document bank-wide ...
... models to ensure compliance with regulatory standards ... WHAT YOU WILL DO LIST In concert with Director of Operational Risk Management document bank-wide ...
Enterprise Risk Management Department-Model Risk Management VP
Manhattan, NY · On-site
$110K - $230K/yr
The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and performing ...
Enterprise Risk Management Department-Model Risk Management VP
Manhattan, NY · On-site
$110K - $230K/yr
The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and performing ...
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
Risk Management - Model Risk Program Associate
Jersey City, NJ · On-site
$135K - $150K/yr
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
Risk Management - Model Risk Program Associate
Jersey City, NJ · On-site
$135K - $150K/yr
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
VP Role In Model Risk Management Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and ...
New
VP Role In Model Risk Management Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and ...
New
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 ...
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 ...
They are seeking a Risk Management - Model Risk Program Associate to design and build AI-native tools that transform the model risk lifecycle and enhance collaboration between risk professionals and ...
They are seeking a Risk Management - Model Risk Program Associate to design and build AI-native tools that transform the model risk lifecycle and enhance collaboration between risk professionals and ...
Enterprise Risk Management Department-Model Risk Management VP
Manhattan, NY · On-site
$110K - $230K/yr
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and ...
Enterprise Risk Management Department-Model Risk Management VP
Manhattan, NY · On-site
$110K - $230K/yr
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and ...
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and ...
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Lead model reviews; evaluate the conceptual soundness; reasonableness of assumptions and ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Lead model reviews; evaluate the conceptual soundness; reasonableness of assumptions and ...
Director Model Risk Management information
What is the difference between Director Model Risk Management vs Model Validation Manager?
| Aspect | Director Model Risk Management | Model Validation Manager |
|---|---|---|
| Credentials | Advanced degrees (e.g., Master’s, PhD), certifications like FRM or CFA | Similar credentials, often with FRM or CFA |
| Work Environment | Strategic oversight, cross-department collaboration, senior leadership | Technical validation, model testing, detailed analysis |
| Industry Usage | Used in banking, finance, risk management departments | Common in model development and validation teams |
| Search/Comparison Intent | Understanding leadership roles in risk management | Focus on technical validation and model testing |
The main difference is that the Director Model Risk Management oversees the entire model risk framework, providing strategic guidance and leadership, while the Model Validation Manager focuses on technical validation and testing of models. Both roles require similar credentials and are integral to risk management in financial institutions, but they differ in scope and responsibilities.
What are the most commonly searched types of Model Risk Management jobs in New York? The most popular types of Model Risk Management jobs in New York are:
What cities in New York are hiring for Director Model Risk Management jobs? Cities in New York with the most Director Model Risk Management job openings:
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 8 days ago
BNY Mellon rating
7.6
Based on 51 frontline employees who took The Breakroom Quiz
113th of 150 rated financial services
Job description
The Model Risk Management Director is a senior leader within the Risk & Regulatory Compliance function, accountable for independent oversight of model risk across the firm. Operating within the Model Risk Management job family, this role applies advanced, multidisciplinary expertise in financial markets, applied mathematics, statistics, econometrics and computer science to identify, assess and challenge situations where models underlying critical business operations may fail, exposing BNY to monetary loss, regulatory censure, reputational damage or systemic risk.
We're seeking a future team member for the role of Director - Model Risk Management AI, Wealth and Investment to join our Model Risk team. This role is located in New York City, New York.
In this role, you'll make an impact in the following ways:
- Lead the Model Risk Management framework for a defined portfolio of models (e.g., pricing, risk, capital, stress testing, AI/ML, and valuation models) by setting clear standards for model risk identification, assessment, validation and governance, and by ensuring consistent application across businesses and legal entities.
- Oversee and review independent model validations and ongoing performance monitoring by demonstrating deep quantitative expertise, providing effective challenge to model design, data, assumptions and implementation, and ensuring that model risk is appropriately quantified, documented and mitigated.
- Establish and chair or actively contribute to model risk governance forums by defining decision-making processes, setting model approval thresholds and ensuring that model risk topics are escalated, debated and resolved in line with internal policies and regulatory expectations.
- Advise senior business, risk and Engineering stakeholders on model risk issues and emerging quantitative methodologies by translating complex analytical concepts into clear risk insights and recommendations that support sound business decisions and responsible innovation.
- Drive continuous enhancement of the firm's model risk policies, standards, tools and methodologies by monitoring external regulatory developments, industry good practice and advances in quantitative methods, and by embedding these into practical, risk-sensitive processes.
- Manage, develop and coach a team of model risk professionals by setting clear objectives, providing technical and behavioral guidance, promoting a culture of rigorous challenge and collaboration, and ensuring appropriate capacity and capabilities to meet current and emerging model risk demands.
- This role will be focused on GenAI and Wealth Models.
To be successful in this role, we're seeking the following:
- Advanced degree (Master's or PhD preferred) in a quantitative field such as mathematics, statistics, econometrics, physics, engineering, quantitative finance or computer science, or equivalent experience.
- Professional certifications in risk, quantitative finance or related areas (e.g., FRM, PRM, CQF) are advantageous.
- Strong knowledge of financial markets, products and risk management practices, including experience with complex mathematical/statistical modeling techniques.
- Typically, 12-15 years of experience
- Advanced quantitative and analytical skills, including deep knowledge of model development, validation and performance measurement techniques, and the ability to provide credible effective challenge.
- Strong leadership, communication and stakeholder management skills, with the ability to influence senior leaders, shape governance decisions and translate complex quantitative issues into clear risk insights.
- Proven people management capabilities, including building and leading high-performing quantitative teams, coaching technical staff and fostering a culture of integrity, accountability and continuous improvement in risk management.
About Us
At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
About the Team
At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn
Here's a few of our recent awards:
- America's Most Innovative Companies, Fortune, 2025
- World's Most Admired Companies, Fortune 2025
- "Most Just Companies", Just Capital and CNBC, 2025
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
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About BNY Mellon
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BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com . Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
New York, NY, US
Year founded
1784