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Head Risk Management Jobs in Pennsylvania (NOW HIRING)

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

Risk Management : Develop and implement comprehensive risk management frameworks and strategies tailored to sports gaming operations. Monitor risk exposure and evaluate operational processes to ...

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

Risk Management : Develop and implement comprehensive risk management frameworks and strategies tailored to sports gaming operations. Monitor risk exposure and evaluate operational processes to ...

The CRM provides oversight of country risk assessments, monitoring, limits, governance reporting, and regulatory support, while serving as a key delegate to the Head of Country Risk. In this role ...

Support the Head of Model Risk Governance through independent assessment and challenge of model assumptions within the Model Risk Management framework, including reasonableness, limitations ...

Head of Options Trading

Indiana, PA · On-site

$150 - $250/hr

Head of Options Trading Run and grow EXANTE's options and derivatives business, with full P&L ... Strong risk management background -- delta, gamma, vega, correlation and exotic risks at scale.

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Showing results 1-20

Head Risk Management information

See Pennsylvania salary details

$54.1K

$143.5K

$260.6K

How much do head risk management jobs pay per year?

As of Aug 23, 2026, the average yearly pay for head risk management in Pennsylvania is $143,528.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,800.00 and $167,900.00 per year, depending on experience, location, and employer.

What are some common challenges faced by a head risk management, and how can candidates prepare to address them?

A Head of Risk Management often faces challenges such as balancing regulatory compliance with business objectives, managing emerging risks, and fostering a risk-aware culture across departments. Candidates should be prepared to navigate complex regulatory landscapes, communicate effectively with both executive leadership and operational teams, and implement proactive risk assessment frameworks. Staying updated on industry trends and building strong cross-functional relationships are key to successfully mitigating risks and supporting organizational goals.

What are the key skills and qualifications needed to thrive as a head risk management, and why are they important?

To thrive as a Head of Risk Management, you need deep expertise in risk assessment, regulatory compliance, and financial analysis, typically backed by a relevant degree and experience in risk-related roles. Familiarity with risk management frameworks, enterprise risk management (ERM) systems, and certifications like FRM or PRM are highly valued. Strategic thinking, leadership, and strong communication skills set outstanding risk leaders apart. These capabilities are crucial to effectively identify, mitigate, and communicate risks that could impact organizational objectives.

What is the difference between Head Risk Management vs Risk Analyst?

AspectHead Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, CFA) and extensive experienceUsually requires a bachelor's degree, often with certifications like FRM or CFA
Work EnvironmentStrategic leadership, overseeing risk policies across departmentsData analysis, risk assessment, and reporting within teams
Industry UsageExecutive-level role in finance, banking, insurance, and corporate sectorsOperational role in risk assessment teams across similar industries

The Head Risk Management focuses on strategic oversight and policy development at an executive level, while the Risk Analyst handles detailed risk assessments and data analysis. Both roles are essential in risk management but differ in scope, responsibilities, and seniority.

What does a head of risk management do?

A head of risk management oversees an organization’s risk assessment and mitigation strategies to minimize financial, operational, and compliance risks. They analyze data, develop policies, and coordinate with other departments to ensure risks are managed effectively, often requiring strong analytical skills and industry certifications. This role typically involves leadership, strategic planning, and regular reporting to executive management.

What are the most commonly searched types of Risk Management jobs in Pennsylvania?

The most popular types of Risk Management jobs in Pennsylvania are:

What cities in Pennsylvania are hiring for Head Risk Management jobs?

Cities in Pennsylvania with the most Head Risk Management job openings:

Infographic showing various Head Risk Management job openings in Pennsylvania as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $143,528 per year, or $69 per hour.

Head of Validation, Model Risk Management

Vanguard Group, Inc.

Malvern, PA • On-site

Full-time

Re-posted 24 days ago


Vanguard rating

8.7

Company rating: 8.7 out of 10

Based on 64 frontline employees who took The Breakroom Quiz

16th of 151 rated financial services


Job description

Overview
The Head of Validation, Model Risk is a senior leadership role responsible for setting enterprise direction for model validation-delivering independent, risk-based oversight across a diverse portfolio of models spanning investment and risk management, fraud and compliance, finance and HR, and rapidly evolving Gen AI and agentic use cases. This role serves as the senior authority for model validation, setting the bar for defensible methodologies, rigorous challenge, and clear, decision-ready risk communication to senior leaders. The Head of Validation will strengthen model risk culture and lifecycle discipline across the enterprise-driving timely issue remediation, elevating validation quality and consistency, and ensuring Vanguard's practices remain aligned with regulatory and audit expectations.
Responsibilities
Leadership & Team Management
  • Leads a high-performing, multidisciplinary model validation team responsible for validating a diverse portfolio of models including investment and risk management, fraud and compliance, finance and HR, as well as Gen AI and Agentic use cases
  • Develop and mentor talent to promote strong technical capabilities and a high-quality validation process

Validation Oversight & Approval
  • Serve as the final approval authority for validation reports on higher-risk models
  • Ensure validation conclusions are robust, well-supported, and communicated clearly to stakeholders with varying levels of technical expertise

Model Risk Governance & Lifecycle Management
  • Oversee adherence to enterprise model lifecycle requirements-including model inventory accuracy, change management, ongoing monitoring, and issue remediation.
  • Drive timely resolution of model-related issues and non-compliance, escalating when necessary
  • Strengthen model-risk culture across the enterprise through targeted training, outreach, and proactive engagement with model owners and developers

Methodology & Practice Leadership
  • Define, maintain, and continually enhance the methodologies and test approaches used in model validation
  • Ensure comprehensive assessment of conceptual soundness, performance, data quality, implementation accuracy, and other model risk considerations
  • Lead the evolution of validation techniques for emerging modeling approaches, including LLM-enabled and agentic systems

Standards, Policies & Quality Assurance
  • Own the enterprise's model development and model validation standards, guidelines, procedures, and templates.
  • Establish and oversee quality assurance mechanisms-including peer review, thematic reviews, and consistency checks-to ensure embedment of high-quality validation practices.

Executive Reporting & Model Risk Insights
  • Deliver clear, actionable reporting on key model risks, model uncertainty, issue remediation, and emerging trends to senior committees and executives.
  • Support the development and enhancement of divisional and enterprise model-quality scorecards and contribute to the risk-appetite process

Senior Stakeholder, Regulatory & Audit Engagement
  • Serve as a primary point of contact for regulators, internal audit, and senior leaders on model validation related matters
  • Articulate validation rationales, modeling assumptions, and risk implications clearly and confidently to supervisory authorities and executive stakeholders.

Qualifications
  • Advanced degree in technical field (e.g. Master's or doctoral degree in quantitative discipline such as Mathematics, Statistics, or Economics).
  • 10+ years of experience across model development, model validation, and model risk management, including a minimum of five years leading multi-layered model validation teams.
  • Extensive experience with a broad range of model types, including machine learning/LLM-based models.
  • Deep knowledge of model-risk management principles and regulatory frameworks (e.g., SR26-2, SS1/23) and demonstrated experience engaging with regulators and internal audit.
  • Strong technical proficiency with programming languages and analytical tools such as Python, R, or C++, and familiarity with emerging technologies, AI governance, and modern model development practices.
  • Proven ability to translate complex technical concepts into clear, actionable insights for senior executives.
  • Exceptional written and verbal communication skills, including experience presenting to senior committees, executives, and regulatory bodies.
  • Demonstrated ability to partner with stakeholders to balance effective challenge, practical solutions, and business objectives.

Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

What Vanguard employees say

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