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Director Model Risk Management Jobs in Miami Beach, FL

Insight Global

Lead Risk Management

Miramar, FL · On-site

$130K - $140K/yr

Strong understanding of cyber risk management, threat modeling, risk assessment methodologies, and risk mitigation strategies. * Experience developing and enhancing TPRM frameworks, including risk ...

New

Coinme

Director of Payments & Risk

Miami, FL

Run the detection portfolio as a measured system: rules, thresholds, models, and velocity limits ... Manage the vendor and partner ecosystem at both levels: hands-on (rules, integrations, data quality ...

New

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All JobsModel Risk Management JobsDirector Model Risk Management JobsDirector Model Risk Management Jobs in Miami Beach, FL

Director Model Risk Management information

See Miami Beach, FL salary details

$53.3K

$141.4K

$256.8K

How much do director model risk management jobs pay per year?

As of Jul 31, 2026, the average yearly pay for director model risk management in Miami Beach, FL is $141,396.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,200.00 and $165,400.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Director of Model Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications, and strong leadership skills, and they typically oversee enterprise-wide risk strategies and compliance efforts.

What does a director of risk management do?

A director of risk management oversees an organization's strategies to identify, assess, and mitigate financial, operational, and compliance risks. They develop policies, lead risk assessment teams, and ensure risk management practices align with regulatory requirements, often using tools like risk management software. Strong leadership, analytical skills, and industry certifications are typically required for this role.

What does a director of risk management make?

A director of risk management typically earns a salary ranging from $120,000 to $200,000 annually, depending on the industry, location, and experience. They often oversee risk assessment teams, develop risk mitigation strategies, and may hold certifications such as FRM or CRM. Compensation can also include bonuses and benefits aligned with organizational size and complexity.

What is the difference between Director Model Risk Management vs Model Validation Manager?

AspectDirector Model Risk ManagementModel Validation Manager
CredentialsAdvanced degrees (e.g., Master’s, PhD), certifications like FRM or CFASimilar credentials, often with FRM or CFA
Work EnvironmentStrategic oversight, cross-department collaboration, senior leadershipTechnical validation, model testing, detailed analysis
Industry UsageUsed in banking, finance, risk management departmentsCommon in model development and validation teams
Search/Comparison IntentUnderstanding leadership roles in risk managementFocus 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.

Is model risk management a good career?

Model risk management is a specialized field within financial and banking industries that involves identifying, assessing, and mitigating risks associated with mathematical and statistical models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.
What cities near Miami Beach, FL are hiring for Director Model Risk Management jobs? Cities near Miami Beach, FL with the most Director Model Risk Management job openings:
Director Model Risk Management jobs near you

Fraud Risk & Detection Director

City National Bank of Florida

Miami, FL

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 2 days ago

New

Job description

About the Role

The Fraud Risk & Detection Director is responsible for overseeing enterprise fraud detection and prevention. This leadership role includes managing a team of Detection Analysts, overseeing fraud system performance and vendor relationships, and ensuring compliance with regulatory and internal risk management standards. The incumbent exercises independent judgment and decision-making authority in strategic planning, operational oversight, and risk governance. This position requires advanced expertise in fraud risk, model governance, and cross-functional collaboration, and plays a key role in shaping fraud prevention strategy across the organization.
 
What You'll Do:
  • Lead and manage fraud detection activities, ensuring effective monitoring and resolution of alerts.
  • Oversee fraud recovery efforts in alignment with investigative functions to ensure timely restitution and case closure.
  • Conduct quality control reviews to ensure accuracy and consistency in fraud detection and investigation practices.
  • Conduct regular performance reviews and provide strategic coaching to enhance team effectiveness.
  • Serve as the primary authority over the fraud detection system, including vendor relationship oversight and ensuring optimal system performance.
  • Execute system performance tuning and optimization to strengthen detection capabilities.
  • Identify, evaluate, and implement new fraud detection agents and technologies to advance program effectiveness.
  • Lead the annual enterprise-wide fraud risk assessment, identifying vulnerabilities and recommending mitigation strategies.
  • Conduct fraud risk assessments for new products and services to ensure proactive integration of fraud controls.
  • Direct the Fraud Risk and Control Self-Assessment (RCSA) process in alignment with enterprise risk governance.
  • Perform system coverage assessments to evaluate effectiveness and identify gaps in fraud detection.
  • Oversee fraud models under the Financial Crimes Prevention (FCP) Model Governance framework, including change control management.
  • Collaborate with model risk stakeholders on fraud model validations and ongoing performance monitoring.
  • Partner with operational leaders to define and document fraud-related roles and responsibilities.
  • Produce and deliver fraud metrics, dashboards, and strategic reports to senior management.
  • Participate in the annual Business Continuity Planning (BCP) exercise to ensure fraud program resilience.
  • Monitor fraud trends and provide strategic insights to enhance detection and prevention strategies, including the development and refinement of fraud-related policies and procedures.

What You Bring

  • 5-7 years of experience in fraud risk management, financial crimes, or a related field within the financial services industry (Required).
  • 10+ years of experience (preferred). 

  • Demonstrated experience in leading fraud detection programs, managing system performance, and overseeing vendor relationships.

  • Strong understanding of fraud models, risk assessments, and control frameworks, with the ability to evaluate and influence enterprise-level fraud strategy.

  • Proven leadership and team management experience, including oversight of high-impact fraud detection and prevention initiatives.

  • Excellent analytical, communication, and stakeholder management skills, with the ability to present complex findings to senior leadership and influence decision-making.

  • Familiarity with regulatory requirements related to fraud, AML, and financial crime, and the ability to interpret and apply them in policy and program development.

  • Demonstrated ability to exercise independent judgment in matters of significance, including system configuration, risk mitigation, and model governance.

  • Experience developing and refining fraud-related policies, procedures, and governance frameworks to ensure compliance and operational effectiveness.

  • Ability to lead cross-functional collaboration and drive continuous improvement in fraud detection capabilities and risk controls. 


  • Bachelor's Degree in Business Administration, Finance, Accounting, Criminal Justice, or a related field preferred. 
  • An equivalent combination of education and relevant professional experience may be considered in lieu of a degree.

Benefits & Perks

We offer a competitive benefits package designed to support your success:

  • Health Coverage: Medical, dental, and vision plans with employer contributions.
  • Retirement Savings: 401(k) with matching, plus additional retirement options.
  • Paid Time Off & Holidays: Generous PTO and paid holidays.
  • Wellness Support: Access to mental health and financial wellness resources.

Visit our benefits page to learn more Benefits!

Join City National Bank of Florida. The possibilities are endless.


Equal Opportunity

City National Bank of Florida is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, national origin, age, disability, genetic information, protected veteran status, or any status protected by federal, state, or Florida law. We comply with the ADA and applicable Florida laws.

Interview Guidelines

To ensure a fair interview process, the use of AI wearables, AT tools, AI applications, or other external assistance is strickly prohibited. 

Accommodations

If you require a reasonable accommodation to apply or participate in the hiring process, please contact our Talent Attraction team at talent.attraction@citynational.com

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