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Internship Model Risk Governance Jobs (NOW HIRING)

We are looking for a Model Risk Governance Analyst to enhance and implement the model risk governance for the full FCRM's models and AI solutions. This is a critical role that liaises among model ...

FCRM Model Risk Governance Strategy

Manhattan, NY · On-site

$96.13K - $155.95K/yr

We are looking for a Model Risk Governance Analyst to enhance and implement the model risk governance for the full FCRM's models and AI solutions. This is a critical role that liaises among model ...

New

FCRM Model Risk Governance Strategy

New York, NY · On-site

$96.13K - $155.95K/yr

We are looking for a Model Risk Governance Analyst to enhance and implement the model risk governance for the full FCRM's models and AI solutions. This is a critical role that liaises among model ...

The Model Governance Sr. Analyst is part of the Enterprise Risk & Governance team responsible for identifying, assessing and reporting model risk. * The Model Governance Sr. Analyst aids with the ...

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Internship Model Risk Governance information

See salary details

$25.5K

$42.6K

$88K

How much do internship model risk governance jobs pay per year?

As of Jun 3, 2026, the average yearly pay for internship model risk governance in the United States is $42,584.00, according to ZipRecruiter salary data. Most workers in this role earn between $32,500.00 and $46,000.00 per year, depending on experience, location, and employer.

What is the difference between Internship Model Risk Governance vs Model Risk Analyst?

AspectInternship Model Risk GovernanceModel Risk Analyst
CredentialsTypically pursuing or recent graduate, some familiarity with risk managementOften requires relevant certifications or experience in risk analysis
Work EnvironmentInternship setting, supervised, learning-focusedFull-time, analytical, risk assessment-focused
Employer & IndustryFinancial institutions, banks, asset managersFinancial services, banking, investment firms

Internship Model Risk Governance roles are entry-level, focusing on supporting risk governance processes under supervision, ideal for students or recent graduates. Model Risk Analysts are more experienced, responsible for analyzing and managing model risks independently. Both roles are vital in financial risk management but differ in experience level and responsibilities.

More about Internship Model Risk Governance jobs
What cities are hiring for Internship Model Risk Governance jobs? Cities with the most Internship Model Risk Governance job openings:
What are the most commonly searched types of Model Risk Governance jobs? The most popular types of Model Risk Governance jobs are:
What states have the most Internship Model Risk Governance jobs? States with the most job openings for Internship Model Risk Governance jobs include:
What job categories do people searching Internship Model Risk Governance jobs look for? The top searched job categories for Internship Model Risk Governance jobs are:
Infographic showing various Internship Model Risk Governance job openings in the United States as of May 2026, with employment types broken down into 5% As Needed, 69% Full Time, 24% Part Time, and 2% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $42,584 per year, or $20.5 per hour.
Head of Governance - Model Risk Management

Head of Governance - Model Risk Management

Vangard, Inc.

Dallas, TX • On-site

Full-time

Posted 23 days ago


Job description

Overview:
We're seeking a strategic and forwardthinking Head of Governance - Model Risk Management to shape and lead an enterprisewide model risk framework in an environment where models, data, and AI are rapidly evolving. This leader will ensure models across the organization are transparent, wellgoverned, and aligned with global regulatory expectations-driving defensible practices, strong oversight, and meaningful risk insight for senior leadership and regulators.
If you are passionate about elevating governance, influencing enterprise decisionmaking, and building a culture of accountability and risk excellence, this is a highimpact opportunity to lead the future of model and AI governance.

Responsibilities:

Framework Leadership

  • Lead the development, adoption and maintenance of the model risk framework, including policies, standards, business processes, and controls.
  • Monitor industry trends to ensure the model risk framework remains effective and efficient in managing evolving risks.
  • Partner with leaders across Vanguard to ensure model risk practices are well integrated with Enterprise, Data, Technology, Operational, and AI risk frameworks.


Committees and Senior Management Engagement

  • Support the Model Risk committee and oversee establishment of supporting Divisional Model Risk Governance forums.
  • Prepare executive-level materials for Risk Committees, Audit Committees and the Board.
  • Provide meaningful insights on model risk themes, emerging issues and model performance trends.
  • Establish robust processes for challenge, escalation and dispute resolution.


Regulatory, Audit and Compliance

  • Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders.
  • Ensure timely remediation of regulatory and audit findings.
  • Stay current on evolving global regulations, execute gap assessments and drive remediation efforts to ensure on-going compliance.


Model Inventory and Risk Appetite

  • Direct cross-functional processes such as enterprise-wide model inventory attestation to support completeness and accuracy.
  • Support development and reporting of the model risk appetite and associated Key Risk Indicators.


Technology, Data and Processes

  • Partner with the technology product owner to define requirements for model life cycle platforms.
  • Ensure governance processes are automated, scalable and executed to high data quality standards.


Leadership and Stakeholder Management

  • Lead the team of governance professionals.
  • Partner closely with the broader model risk community and connecting stakeholders (Developers, Owners, Validators, IT, Audit, AI and Enterprise Risk).
  • Promote a culture of transparency, accountability and the risk mindset.


Qualifications:

  • Advanced degree in a technical field (e.g., math, statistics, computer science).
  • At least eight years of relevant experience, including four years developing enterprise-wide policies, standards and protocols in model risk, AI or a related discipline.
  • Deep knowledge of model risk frameworks (SR11-7, SS1/23); experience with AI frameworks and the EU AI Act preferred.
  • Ability to drive enterprise-wide change and managing complex stakeholder environments.
  • Strong analytical, problem-solving and decision-making capabilities.
  • Exceptional communication and executive-presence skills with proven experience presenting to senior committees and managing executive-level stakeholders.

Special Factors

Sponsorship

Vanguard is 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.