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Head Of Model Risk Management Jobs in Springfield, MA

Big Y Foods, Inc.

Legal/Risk Management

Springfield, MA

$70K - $92.20K/yr

FOOD SAFETY TRAINER - General Liability Adjuster SUMMARY OF POSITION: This role functions with an ... Proficient with claims management systems and standard office software * Communicate clearly and ...

Big Y

Legal/Risk Management

Springfield, MA

$70K - $92.20K/yr

FOOD SAFETY TRAINER - General Liability Adjuster SUMMARY OF POSITION: This role functions with an ... Proficient with claims management systems and standard office software * Communicate clearly and ...

Big Y

Legal/Risk Management

Springfield, MA · On-site

$70K - $92.20K/yr

FOOD SAFETY TRAINER - General Liability Adjuster SUMMARY OF POSITION: This role functions with an ... Proficient with claims management systems and standard office software * Communicate clearly and ...

Munich Re

Enterprise Risk Lead

Hartford, CT · On-site +1

Risk Governance & Reporting Lead (Project Management) We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of ...

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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 May 30, 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 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 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 May 2026, with employment types broken down into 97% Full Time, 1% Part Time, 1% Temporary, and 1% Contract. Highlights an 60% Physical, and 40% Hybrid job distribution, with an average salary of $142,684 per year, or $68.6 per hour.

Symmetry - Senior Investment Associate

HR & Talent Acquisition

Glastonbury, CT • On-site

$140K - $150K/yr

Full-time

Posted 11 days ago

Job description

Senior Investment Associate – Investments is a full-time, salaried, exempt position reporting to the head of the Investment team. The position supports the firm's investment team in the implementation, monitoring, and ongoing management of existing client portfolios as well as development of new strategies. This role bridges investment research, wealth strategies, portfolio oversight, and advisor support, ensuring that portfolios and strategies are implemented accurately, aligned with the firm's investment strategy, and periodically enhanced.

Responsibilities:

Strategy & Solutions Development:

  • Contribute to the development of a robust pipeline of potential new products and solutions to enhance the firm's competitive positioning.
  • Collaborate with sales and distribution teams to identify gaps and opportunities in the firm's investment offerings.
  • Enhance existing models and strategies to align with market trends and emerging client demands.
  • Partner with implementation and operational teams, including on broker dealer platforms, to ensure the seamless onboarding of new products.
  • Support product launches with internal training, investment collateral, videos, and webinars.
  • Engage directly with advisors to introduce and demonstrate the value of new strategies.
  • Regularly review the product lineup to identify opportunities for filling gaps and diversifying offerings.

Portfolio Management, Implementation & Trading

  • Work as a member of the portfolio management team on managing Symmetry's ETF & Mutual Fund model portfolios, SMAs, and other strategies, including portfolio operations, sub-Advisor oversight, reporting and regulatory responsibilities.
  • Manage systematic model and strategy updates, ensuring smooth implementation.
  • Collaborate and consult with executive management on curation and evolution of Investment solutions.
  • Research new and enhanced implementation strategies and solutions.
  • Work with trading team on with tax-aware portfolio management, including tax-loss harvesting and gain management.

Wealth Strategies

  • Support OCIO relationships, including consulting with Advisors, developing portfolios, monitoring, and providing ongoing updates.
  • Research, recommend, and help onboard providers of Wealth Strategies services.
  • Work on case design proposals, including research, recommendations, and presentation.
  • Coordinate with operations and custodians to ensure accurate trade execution of Wealth Strategies accounts.

Portfolio Maintenance & Enhancements

  • Assist in maintaining the firm's model portfolios and asset allocation frameworks.
  • Research and recommend enhancements to the firm's model portfolios as well as individual funds and SMA strategies.
  • Ensure consistent implementation of model changes across client accounts on all platforms.

Portfolio Monitoring & Analytics

  • Regularly assess the firm's performance reporting framework and recommend enhancements to improve efficiency, accuracy, and presentation.
  • Monitor performance attribution analysis and assist with periodic reporting.
  • Monitor investment holdings and flag material changes in risk, performance, or strategy.

Investment Research & Due Diligence:

  • Evaluate investment managers, including strategy, performance attribution, risk profile, and organizational stability.
  • Evaluate investment strategies, including strategy, risk profile, and market positioning.
  • Assist with the selection and replacement of funds/managers/strategies.

Market & Economic Research:

  • Analyze macroeconomic trends, market developments, and new strategies.
  • Create and promote regular research notes and white papers
  • Help produce and present periodic market commentary and investment insights for advisors and investors.

Advisor, Client, and Platform Support:

  • Oversee the creation and timely updates of investment marketing materials, including factsheets, model allocations, performance collateral, commentary, etc.
  • Develop investment-related content to articulate the value proposition of proprietary strategies and support advisor and client engagement.
  • Provide internal and external training on strategies.
  • Provide internal guidance on portfolio construction and investment implementation.
  • Work with National Accounts to provide Research Support for adding new strategies to existing platforms as well as strategies on new platforms.

Other Responsibilities:

  • Oversee and mentor analysts, providing guidance to improve performance and team effectiveness.
  • Participate in setting firm investment policy as participant in Investment Committee meetings.
  • Support the sales team by joining client and advisor calls, providing insights, and addressing investment-related questions.
  • Perform any other duties reasonably related to the responsibilities described above.

Minimum Competencies & Qualities:

  • Bachelor's degree, preferably in finance, economics, or a related analytical field.
  • 5 - 10 years of relevant experience in an investment-related field.
  • Chartered Financial Analyst® holder preferred -or completion of Levels I and/or Level II a plus.
  • Excellent critical thinking and analytical skills; ability to interpret financial and statistical information, demonstrating an understanding of measures/metrics and their relationship to financial performance.
  • Proficient in Microsoft Office Suite, with special expertise in Excel.
  • Experience with Morningstar and Bloomberg desired.
  • Strong understanding of portfolio construction and asset allocation.
  • Experience with systematic/ quantitative investment strategies.
  • Knowledge of portfolio trading and rebalancing processes.
  • Effective written and verbal communication skills; ability to present complex issues clearly.
  • Possesses good organizational and project management skills; ability to multi-task and prioritize competing tasks.
  • Ability to work independently or collaboratively on cross-functional projects.