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Head Of Model Risk Management Jobs in Springfield, MA

The Hartford

Associate Risk Analyst

Hartford, CT

$69K - $103K/yr

Support management of model inventory and assisting in the maintenance of model policy and standards. * Identifying opportunities to improve risk metrics and reporting capabilities. * Assisting in ...

Finalsite

Head of Compliance

Glastonbury, CT · On-site

$180 - $240/hr

SUMMARY The Head of Compliance is responsible for leading and overseeing the organization's global compliance, ethics, regulatory, and risk management programs across all business operations. This ...

Finalsite

Head of Compliance

Glastonbury, CT · Remote

$129K - $173K/yr

Join us and help shape stronger school communities around the world SUMMARY The Head of Compliance ... Oversees third-party risk management and vendor compliance programs, particularly related to ...

Finalsite

Head of Compliance

Glastonbury, CT · On-site +1

$125K - $168K/yr

Join us and help shape stronger school communities around the world SUMMARY The Head of Compliance ... Oversees third-party risk management and vendor compliance programs, particularly related to ...

Talcott Financial Group

Senior Risk Analyst

Hartford, CT · On-site

$107K - $127K/yr

Overview: Enterprise Risk Management (ERM) operates as an independent second line of defense ... Head of Risk Reporting and the Chief Risk Officer. The ideal candidate will work on a hybrid in ...

Munich Re

Head of Portfolio Underwriting

Hartford, CT · On-site +1

... of risk management services powered by 1,200 engineers and inspectors, IoT sensors, AI, and ... Open to all HSB/Munich Re Offices + Remote Options About the Role The Head of Portfolio ...

IQVIA

Head of Product

Hartford, CT

Real-time analytics and adaptive campaign management. * Seamless user experiences across planning ... Data platforms and audience modeling * Omnichannel marketing strategies * Demonstrated ability to:

IFG Companies

Risk Management Actuary

Hartford, CT · On-site

$150K - $200K/yr

Draft POSITION SUMMARY The Risk Management Actuary ("RMA") plays a key role in supporting IFG ... Collaborating with Pricing, Reserving and Modeling Actuaries to ensure consistency of data ...

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All JobsHead Of Model Risk Management JobsHead Of Model Risk Management Jobs in Springfield, MA

Head Of Model Risk Management information

See Springfield, MA salary details

$53.8K

$142.7K

$259.1K

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

As of Jul 19, 2026, the average yearly pay for head of model risk management in Springfield, MA is $142,684.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,100.00 and $166,900.00 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 Springfield, MA? For Head Of Model Risk Management jobs in Springfield, MA, the most frequently searched job titles are:
What job categories do people searching Head Of Model Risk Management jobs in Springfield, MA look for? The top searched job categories for Head Of Model Risk Management jobs in Springfield, MA are:
What cities near Springfield, MA are hiring for Head Of Model Risk Management jobs? Cities near Springfield, MA with the most Head Of Model Risk Management job openings:
Head Of Model Risk Management jobs near you
Infographic showing various Head Of Model Risk Management job openings in Springfield, MA as of July 2026, with employment types broken down into 89% Full Time, and 11% Part Time. Highlights an 95% In-person, and 5% Remote job distribution, with an average salary of $142,684 per year, or $68.6 per hour.
Associate Risk Analyst

Associate Risk Analyst

The Hartford

Hartford, CT

$69K - $103K/yr

Full-time

Posted 5 days ago

The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 111 frontline employees who took The Breakroom Quiz

54th of 281 rated insurance

Job description

Assoc Risk Analyst - KR08AE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Description:

Operational Risk Management (ORM) is seeking a highly motivated individual with a passion for the risk management to join the Model Risk Management Team. The Model Risk Management Team manages model risk across The Hartford by working with the businesses to validate critical models and implementing consistent modeling policies and standards.

In this role, the Associate Risk Analyst will support model governance work, assist with model validations, conduct research on emerging risk management best practices/ industry perspectives, and support emerging AI/ Gen AI risk projects.

Responsibilities:

  • Support for day-to-day model validation and governance activities, including:
    • Support management of model inventory and assisting in the maintenance of model policy and standards.
    • Identifying opportunities to improve risk metrics and reporting capabilities.
    • Assisting in the validation of models by reviewing assumptions, testing outputs, and documenting findings in collaboration with validators and model developers.
    • Identify opportunities to enhance, automate, and streamline model validation practices
  • Conduct research on emerging model risk management practices, AI/GenAI governance, and regulatory developments.
  • Assist in developing monitoring and reporting capabilities for traditional, AI, and Generative AI models.
  • Contribute to special projects focused on governance enhancements, operational excellence, and continuous improvement.
  • Provide support for ad hoc requests related to new business initiatives and cross-functional collaborations

Qualifications:

  • Bachelor's degree in mathematics, statistics, data science, actuarial science, or a related discipline.
  • 2+ years of professional experience; prior experience in the insurance industry is preferred.
  • Strong analytical and critical thinking skills with the ability to test hypotheses and solve complex business problems.
  • Proven ability to manage and prioritize multiple responsibilities and deadlines in a dynamic environment.
  • Familiarity with programming languages such as Python, R, VBA, or similar.
  • Effective communicator with the ability to convey technical concepts to both technical and non-technical audiences.
  • Collaborative team player with a demonstrated ability to build strong working relationships and contribute independently.
  • Results-driven, detail-oriented, and accountable, with a flexible and adaptable mindset.
  • Committed to continuous improvement and proactive problem-solving.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$69,200 - $103,800

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us|Our Culture|What It's Like to Work Here|Perks & Benefits

What The Hartford employees say

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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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