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Head Of Model Risk Management Jobs (NOW HIRING)

Manage the company's Total Cost of Risk, optimizing the balance between risk transfer, retention ... Knowledge and experience with insurance economics and underwriting business model * Experience ...

Manage the company's Total Cost of Risk, optimizing the balance between risk transfer, retention ... models. Drive the evaluation and implementation of alternative risk financing solutions (e.g ...

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Head Of Model Risk Management information

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$54K

$143.2K

$260K

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 the United States is $143,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,500.00 and $167,500.00 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.
More about Head Of Model Risk Management jobs
What cities are hiring for Head Of Model Risk Management jobs? Cities with the most Head Of Model Risk Management job openings:
What states have the most Head Of Model Risk Management jobs? States with the most job openings for Head Of Model Risk Management jobs include:
What job categories do people searching Head Of Model Risk Management jobs look for? The top searched job categories for Head Of Model Risk Management jobs are:
Infographic showing various Head Of Model Risk Management job openings in the United States 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 $143,185 per year, or $68.8 per hour.
Head of Risk Management

Head of Risk Management

Netflix

Los Angeles, CA • On-site

Full-time

Medical, Life, Retirement, PTO

Posted 7 days ago


Netflix rating

5.8

Company rating: 5.8 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

58th of 67 rated media


Job description

At Netflix, our mission is to entertain the world. Together, we are writing the next episode - pushing the boundaries of storytelling, global fandom and making the unimaginable a reality. We are a dream team obsessed with the uncomfortable excitement of discovering what happens when you merge creativity, intuition and cutting-edge technology. Come be a part of what's next.
In this role, you will shape and steward Netflix's risk philosophy, designing and executing both traditional and innovative solutions to complex and evolving risk challenges. You will lead a team that supports Netflix's corporate, production, and emerging businesses and oversees end-to-end risk and claims activities, while partnering closely with cross-functional leaders around the world.
The successful candidate will be a strategic risk executive and thought leader with a proven track record of building and leading high-performing teams and managing a diverse portfolio of global risks.
This is a highly visible, hands-on leadership role that combines long-term strategic thinking with day-to-day operational excellence to support Netflix's continued growth and innovation.
Strategic Leadership & Risk Philosophy
  • Own and continuously refine Netflix's overall risk philosophy and framework in alignment with our culture of innovation, speed, and responsible risk-taking.
  • Manage the company's Total Cost of Risk, optimizing the balance between risk transfer, retention, and operational controls to support growth and profitability.
  • Serve as a senior advisor to executive and functional leaders on risk implications of strategic decisions, new initiatives, and market expansion.

Enterprise Risk & Claims Management
  • Lead end-to-end Risk and Claims Management across Netflix's corporate, production, advertising, gaming, LIVE, and consumer experience businesses.
  • Oversee a high-performing global team responsible for program design, placement, pricing, coverage terms, and claims resolution across a broad range of insurance lines, including Auto & General Liability, Aviation, Business Interruption, Errors & Omissions, Fiduciary, Property, Workers' Compensation, and others.
  • Direct claims strategies and outcomes, including management of TPAs, major and complex claims, and an effective return-to-work program.

Program Design, Innovation & Alternative Risk Financing
  • Develop and evolve insurance products and risk management solutions that balance Netflix's risk philosophy with business and operational needs, including new and emerging business models.
  • Drive the evaluation and implementation of alternative risk financing solutions (e.g., captives, self-insured structures) to enable cost-effective self-funding of risk.
  • Challenge the status quo and explore innovative ways to structure risk, coverage, and data to support Netflix's unique content and product portfolio.

External Partnerships & Market Engagement
  • Oversee strategic relationships with external partners, including actuaries, brokers, carriers, and TPAs, ensuring best-in-class service, innovative solutions, and competitive pricing.
  • Represent Netflix's interests in market negotiations and industry forums, leveraging market intelligence to anticipate trends and proactively adjust strategies.

Data, Technology & Performance Management
  • Develop and own Key Performance Indicators (KPIs) and reporting frameworks that measure and drive the performance of Risk and Claims Management activities.
  • Leverage existing and emerging technologies, data platforms, and analytics tools to drive operational excellence, data visibility, and actionable insights for decision-makers.
  • Continuously improve processes and systems to enhance scalability, automation, and transparency.

Cross-Functional Partnership & Governance
  • Partner closely with Physical Production, Production Finance, Safety & Security, Finance, Legal, and other cross-functional teams to support projects, budgeting, accounting, and reporting related to risk and insurance.
  • Advise internal teams on potential risks, coverage requirements, and mitigation strategies for new initiatives, business lines, and markets.
  • Understand, interpret, and apply relevant laws, regulations, and industry standards relating to insurance coverage and risk management, ensuring appropriate governance and compliance.

People Leadership
  • Lead, coach, and develop a diverse, high-performing team, creating an environment that encourages ownership, innovation, and continuous learning.
  • Scale the function to match Netflix's growth and complexity, ensuring the team is structured, staffed, and equipped to deliver at a global, enterprise level.

Minimum Qualifications:
  • 15+ years experience in risk management and/or insurance brokerage or underwriting
  • Bachelor's degree in risk management, finance or related discipline
  • Demonstrated track record leading and managing high performing teams
  • Knowledge and experience with insurance economics and underwriting business model
  • Experience overseeing/managing claims processes including complex claims
  • Experience working with Actuaries and actuarial methodologies
  • Experience with alternative risk finance techniques
  • Deep analytical experience and ability to distill data into intuitive and actionable reports
  • Experience with accounting principals (GAAP and Statutory) in risk and insurance
  • Strong project management skills with proven ability to deliver results
  • Comfortable challenging the status-quo and driving change
  • Hands-on experience with various risk and claims management systems and tools
  • A continual focus on process improvement and automation

Generally, our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $442,000.00 - $780,000.00.
Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs. Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more details about our Benefits here.
Netflix is a unique culture and environment. Learn more here.
Inclusion is a Netflix value and we strive to host a meaningful interview experience for all candidates. If you want an accommodation/adjustment for a disability or any other reason during the hiring process, please send a request to your recruiting partner.
We are an equal-opportunity employer and celebrate diversity, recognizing that diversity builds stronger teams. We approach diversity and inclusion seriously and thoughtfully. We do not discriminate on the basis of race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender, gender identity or expression, age, disability, medical condition, pregnancy, genetic makeup, marital status, or military service.

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About Netflix

Sourced by ZipRecruiter

Netflix is the world's leading streaming entertainment service with 222 million paid memberships in over 190 countries enjoying TV series, documentaries, feature films and mobile games across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

Industry

Arts, entertainment, and recreation

Company size

5,001 - 10,000 Employees

Headquarters location

Los Gatos, CA, US

Year founded

1997