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

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Risk Manager I (US)

Wilmington, DE · On-site

$91K - $136K/yr

Line of Business: Risk Management The Risk Manager I manages the creation, implementation and ... Experience in data modeling and risk management either from a business administration, statistical ...

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All JobsHead Of Model Risk Management JobsHead Of Model Risk Management Jobs in Delaware

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 Jun 29, 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 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 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.
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:
Head Of Model Risk Management jobs near you
Risk Management - Strategic Analytics - Vice President

Risk Management - Strategic Analytics - Vice President

JP Morgan Chase

Wilmington, DE

Full-time

Medical, Retirement

Posted 23 days ago

Key responsibilities

  • Drive risk strategy and innovation by partnering with cross-functional teams and business leaders.

  • Manage Business Card Strategies for portfolio pricing and My Chase Loan, including conducting risk analysis, generating recommendations, building and optimizing risk strategies, implementing strategies, ensuring controls, and monitoring performance.

  • Collaborate with senior leaders to drive strategic initiatives and influence key business decisions.

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 486 frontline employees who took The Breakroom Quiz

46th of 142 rated banks

Job description

Bring your expertise to JPMorgan Chase and help shape the future of risk management in a world-class organization. As part of Risk Management and Compliance, you'll be at the center of keeping JPMorgan Chase strong and resilient, using your expert judgment to solve real-world challenges that impact our company, customers, and communities. Our culture is built on innovation, challenging the status quo, and striving to be best-in-class. Join a team that values outside-the-box thinking and empowers you to drive meaningful change. Make a lasting impact by developing strategies that balance growth, risk mitigation, and customer experience.

As a Vice President, Portfolio Risk Management in Chase Card Services, you will be responsible for overseeing new and emerging risks for the business card portfolio. You will collaborate with senior leaders across Risk Management, Finance, Lending, and Card Business Units, as well as internal and external stakeholders, to ensure strategies drive strong financial performance and robust risk controls. This role offers the opportunity to lead innovation, influence key decisions, and shape the future of risk management in a dynamic, high-impact environment.

Job Responsibilities:

  • Drive risk strategy and innovation by partnering with cross-functional teams and business leaders
  • Manage Business Card Strategies for portfolio pricing and/or My Chase Loan. Conduct risk analysis, generating thoughtful recommendations, building and optimizing risk strategies, working with partners to get strategies implemented, ensuring operational controls, and monitoring performance.
  • Collaborate with senior leaders to drive strategic initiatives and influence key business decisions
  • Lead inclusively with purpose, integrity, and a focus on continuous professional development and talent management
  • Represent Portfolio Management Risk at the leadership table, contributing to strategic direction
  • Work with Risk, Lending, and IT teams to launch risk strategies and capabilities, emphasizing strong testing and controls
  • Manage risk strategies to drive financial performance and loss mitigation improvements
  • Innovate to ensure optimal strategy performance and adaptability to changing business needs
  • Partner with Risk Governance, Legal, and Compliance to ensure policies meet regulatory requirements
  • Communicate regularly with internal constituents and external regulators to review and enhance risk management practices

Required Qualifications, Capabilities, and Skills:

  • Bachelor's degree in a quantitative discipline from an accredited college/university
  • Minimum 6 years of experience in the Consumer/Business lending industry
  • Strong knowledge and understanding of Consumer/Business Credit laws and regulations
  • SAS, SQL, and statistical analysis experience
  • Proven ability to develop effective controls and manage risk in a complex environment
  • Expertise in exposure management and risk mitigation strategies
  • Demonstrated leadership in solving business problems through structured analytics
  • Excellent communication and interpersonal skills, with the ability to influence senior stakeholders
  • Proven ability to evaluate the business climate, anticipate change, and develop compensating strategies
  • Strong project management skills and attention to detail
  • Ability to efficiently manage concurrent assignments and quickly react to changing or competing priorities

Preferred Qualifications, Capabilities, and Skills:

  • Master's degree in a quantitative discipline or related field
  • Background in developing and optimizing risk strategies for consumer/business card portfolios
  • Experience with decision technology environments and complex strategy delivery
  • Track record of driving innovation and process improvement in risk management
  • Strong talent management and team development skills
  • Familiarity with emerging risk management technologies and analytics tools

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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