ZipRecruiter

Log In

1

Head Of Model Risk Management Jobs in Springfield, MA

The Hartford

Risk Manager, Investment Risk

Hartford, CT · On-site +1

This role provides independent risk management oversight of The Hartford's Structured Product and ... Strong analytical and financial modeling skills, including structured finance cash flow analysis ...

The Hartford

Head of Corporate Security

Hartford, CT

AVP Risk Management - KE05AE We're determined to make a difference and are proud to be an insurance ... Experience standing up or modernizing a Security Operations Center (SOC/GSOC) model and protective ...

Pinnacle Concrete Solutions

Head Of Sales

Hartford, CT · On-site

$100K/yr

The work currently comes through structural and geotechnical engineers, GCs, and facility managers ... Today, it's Marc and word of mouth. You're building the commercial engine from scratch - the ...

next page

Showing results 1-20

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 20, 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.
Risk Manager, Investment Risk

Risk Manager, Investment Risk

The Hartford

Hartford, CT • On-site, Remote

Full-time

Posted 4 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

Risk Manager - VNE67A

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.

The Risk Manager, Investment Risk, will join the ALM, Credit and Market Risk team responsible for overseeing credit and market risks across The Hartford. This role provides independent risk management oversight of The Hartford's Structured Product and Real Estate portfolios, including public and private investments. Responsibilities include assessing portfolio risks, developing forward-looking insights, performing stress testing and scenario analysis, evaluating aggregation and concentration risks, conducting market surveillance, and responding to ad-hoc requests. The individual will also leverage AI-enabled tools, analytics, and automation to enhance risk insights. This position is based in Hartford, CT on a full-time, hybrid schedule (T, W, Th in office; M, F remote).

Responsibilities:

  • Monitor and analyze risk across The Hartford's Structured Product and Real Estate portfolios, including public and private investments.

    • Develop and maintain repeatable risk assessment frameworks to identify key drivers, deteriorating trends, concentrations, and downside risks.

    • Enhance measurement, aggregation, reporting, and monitoring of Structured Product and real estate exposures.

    • Develop and maintain stress testing and scenario analysis to assess tail risk, collateral sensitivity, asset performance, and correlated risks.

    • Conduct market surveillance and research to identify emerging risks and translate trends into forward-looking portfolio insights.

    • Leverage AI-enabled tools, analytics, and automation to improve surveillance, research efficiency, and early-warning indicators.

  • Partner with Hartford Investment Management Company (HIMCO) investment teams and business partners to share risk insights, review assumptions that impact market risk analytics, and discuss portfolio risks and trends.

  • Respond to market events, senior leader requests, and ad-hoc analyses with clear, timely investment risk conclusions.

  • Support scalable surveillance, reporting, and analytical processes that improve consistency, efficiency, and transparency.

  • Provide day-to-day guidance, coaching, and review of analyst work to support high-quality risk analysis, reporting, and deliverables.

Qualifications:

  • Minimum of 7+ years of experience at a rating agency or in an investment risk, market risk, credit risk, structured finance, real estate, or a related analytical role; portfolio management or rating agency experience preferred.

  • Proficiency with analytical tools and market data platforms such as Excel, Bloomberg, Intex, Trepp, BlackRock Aladdin, Tableau, R, VBA, or similar tools.

  • Experience using AI-enabled tools, advanced analytics, or automation preferred.

  • Excellent communication skills with senior leaders and key business partners.

  • Strong attention to detail and ability to synthesize complex information into clear, actionable conclusions.

  • Strong analytical and financial modeling skills, including structured finance cash flow analysis, real estate risk assessment, and stress testing.

  • Solid understanding of fixed income markets, structured products, commercial real estate, and investment risk drivers.

  • Demonstrates curiosity, initiative, sound judgment, and ownership.

  • Ability to work independently and collaborate effectively in a team environment.

  • Degree in a quantitative discipline required; professional designations such as CFA or FRM preferred.

About the Firm:

Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Insurance Group, Inc. HIMCO is an insurance asset manager with approximately $120 billion in assets under management across the public fixed income, equity, and private markets (as of March 31, 2026). The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO's Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a "Covered Associate" under HIMCO's Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.

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:

$121,360 - $182,040

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

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Hartford logo

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

Social media

FacebookTwitter

View All Hartford Jobs

Apply