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Head Of Model Risk Management Jobs in Delaware (NOW HIRING)

$64 - $82.75/hr

To meet the demands of our current and future business models, Architecture set standards ... Risk & Control Awareness - Strong understanding of operational risk, security, and compliance ...

... Head of Portfolio Construction & Risk Multi-Asset, Fixed Income and Real Estae Level Manager We're ... risk oversight, model and tool development, strategy support, and research-led portfolio ...

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Head Of Model Risk Management information

See Delaware salary details

$54K

$143.3K

$260.2K

How much do head of model risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for head of model risk management in Delaware is $143,308.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,600.00 and $167,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Head Of Model Risk Management, and why are they important?

To thrive as a Head Of Model Risk Management, you need deep quantitative expertise, advanced knowledge of risk management frameworks, and a strong background in finance or mathematics, often supported by advanced degrees such as a PhD or MSc. Familiarity with statistical software (like Python, R, or SAS), model validation tools, and regulatory compliance systems is typically required. Exceptional leadership, communication, and critical thinking skills are essential for effectively managing teams and presenting complex risk issues to stakeholders. These skills ensure robust oversight of model risk, regulatory compliance, and sound decision-making within financial institutions.

What are the main challenges faced by a Head of Model Risk Management in maintaining regulatory compliance?

A Head of Model Risk Management often faces the challenge of keeping up with evolving regulatory expectations and ensuring that all models used within the organization are compliant. This involves constantly monitoring regulatory updates, coordinating with various departments to implement necessary changes, and maintaining detailed documentation for audit purposes. Additionally, the role requires balancing the need for innovation in modeling techniques with the necessity of robust risk controls and transparent validation processes. Regular communication with risk, compliance, and audit teams is essential to address these challenges effectively.

What does a Head of Model Risk Management do?

A Head of Model Risk Management oversees the processes and teams responsible for identifying, assessing, and mitigating risks associated with financial and predictive models used within an organization. This role involves establishing and maintaining model risk frameworks, ensuring regulatory compliance, and leading model validation activities. They also coordinate with other departments to ensure the effective management and governance of all models, providing guidance on best practices and emerging risks. Ultimately, their goal is to minimize model-related losses and support sound decision-making across the business.

How much does a head of risk make?

A Head of Model Risk Management typically earns between $150,000 and $250,000 annually, depending on the size of the organization, location, and experience. Senior roles may include bonuses and benefits, and strong expertise in risk modeling, regulatory standards, and leadership are often required.

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

AspectHead Of Model Risk ManagementModel Validation Manager
Primary FocusOversees overall model risk framework, governance, and strategyConducts independent validation and testing of models
ResponsibilitiesRisk oversight, policy development, senior stakeholder communicationModel testing, performance assessment, validation reports
CredentialsAdvanced degrees, certifications like FRM, CFA, or CAMS, experience in risk managementQuantitative background, certifications like CFA, FRM, strong modeling expertise
Work EnvironmentStrategic, leadership role within risk management teamsTechnical, analytical role focused on model validation tasks

The Head Of Model Risk Management oversees the entire model risk framework, focusing on strategy and governance, while the Model Validation Manager specializes in testing and validating individual models. Both roles require strong quantitative skills and relevant certifications, but differ in scope and responsibilities.

What are popular job titles related to Head Of Model Risk Management jobs in Delaware? For Head Of Model Risk Management jobs in Delaware, the most frequently searched job titles are:
What job categories do people searching Head Of Model Risk Management jobs in Delaware look for? The top searched job categories for Head Of Model Risk Management jobs in Delaware are:
What cities in Delaware are hiring for Head Of Model Risk Management jobs? Cities in Delaware with the most Head Of Model Risk Management job openings:
Risk Management - Risk Architecture Analyst

Risk Management - Risk Architecture Analyst

JPMorgan Chase & Co

Wilmington, DE • On-site

Full-time

Medical, Retirement

Posted 17 hours ago


JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 467 frontline employees who took The Breakroom Quiz

45th of 141 rated banks


Job description

Bring your Expertise to JPMorgan Chase.  As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. 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 Risk Management - Risk Architecture Analyst in the Risk Execution and Strategy team you will be part of a User Acceptance Testing team that supports an ongoing execution and implementation of business critical strategic initiatives. This role will partner with technology groups, business partners, project analysts/managers, and external vendor resources to plan and execute the testing. Individuals will be responsible and accountable for managing all aspects of the business testing function. Define strategies and approaches for User Acceptance.

Job Responsibilities

  • Understanding the intent of a business requirement
  • Formulate test approach and test plan and detailing the dependencies and risk involved
  • Execution of business scenario in UAT environment
  • Partnering and collaborating with stakeholders for clarifying queries and sharing the testing status
  • Ensuring testing artifacts are updated and saved as appropriate
  • Reconcile test results from different tests and different groups
  • Incorporate process enhancements related to tools and practices to unlock greater efficiencies and effectiveness
  • Partner with UAT Manager/Lead to ensure that testing readiness and testing execution milestones are completed
  • Guide and facilitate the quality testing practices in support of various products
  • Experience implementing Large Language Models and integrating into testing processes
  • Communicate regularly with project stakeholders and provide consistent follow up on the status of Automation testing

Required Qualifications, Skills and Capabilities

  • Bachelor's degree or comparable experience
  • 2 plus years of experience in manual testing along with formulating test plans and approach, test scenarios and test scripts
  • Experience in JIRA process, understanding of the process flow and creation of the task
  • Experience with Microsoft Office, Confluence, qTest tool
  • Writing and executing queries in SQL
  • Knowledge in Unix operating system
  • Experience with Agile and waterfall software development methodologies
  • Strong, clear, and concise written and verbal communication with ability to edit and prepare executive level communications. Excellent organizational and project management skills; able to manage competing priorities under tight deadlines. Proven ability to collaborate and build strong partnerships
  • Intellectual curiosity with a proven ability to learn quickly. High degree of initiative, self-direction, and ability to work well under pressure

Preferred Qualifications, Skills and Capabilities

  • Experience with mainframe screens, business rules engines
  • Understanding of credit card lifecycle and cards transactions processing
  • Experience with risk processing

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. 

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.  We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Equal Opportunity Employer/Disability/Veterans

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

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