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Internship Model Risk Governance Jobs in Silver Spring, MD

Conduct independent validation of models within the CROMR model inventory, ensuring consistency, rigor, and adherence to the model risk governance framework, identifying model risks and engaging with ...

Model Risk Control Specialist

Baltimore, MD · On-site

$70K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We're seeking someone to join our team as a Model Risk Control Specialist in Non-Financial Risk to strengthen the governance, monitoring, and documentation of Financial Crime Compliance models ...

Model Risk Control Specialist

Baltimore, MD · On-site

$70K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We're seeking someone to join our team as a Model Risk Control Specialist in Non-Financial Risk to strengthen the governance, monitoring, and documentation of Financial Crime Compliance models ...

Develop and operationalize scalable model governance processes within EO&T division to promote ... Execute risk mitigation processes to ensure compliance with model and AI governance requirements

Manager, Model Risk

Sterling, VA

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

Conduct periodic model risk assessments, including model governance, validation, and ongoing monitoring, to identify and mitigate potential risks. * Prepare and present reports on model risk to ...

AVP, AI Risk and Governance

Arlington, VA · On-site

$117K - $195K/yr

  • Medical

  • Retirement

  • PTO

The ideal candidate has a strong background in enterprise, technology and model risk management frameworks. Roles & Responsibilities: * Support in maintaining and evolving the AI governance framework ...

AVP, AI Risk and Governance

Arlington, VA · On-site +1

$117K - $195K/yr

  • Medical

  • Retirement

  • PTO

The ideal candidate has a strong background in enterprise, technology and model risk management frameworks. Roles & Responsibilities: * Support in maintaining and evolving the AI governance framework ...

Senior Director, Model Risk

Sterling, VA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

Establish and enforce effective model governance policies, procedures, and standards. * Collaborate with cross-functional teams to develop and maintain model risk management policies and guidelines.

AVP, AI Risk and Governance

Arlington, VA · On-site

$117.21 - $195.29/hr

  • Medical

  • Retirement

  • PTO

Evaluate AI governance practices such as bias mitigation techniques and explainability ... Collaborate with cross‑functional teams to ensure AI models align with AI risk frameworks and ...

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Showing results 1-20

Internship Model Risk Governance information

See Silver Spring, MD salary details

$26.4K

$44K

$91K

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

As of Aug 18, 2026, the average yearly pay for internship model risk governance in Silver Spring, MD is $44,022.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,600.00 and $47,600.00 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.

What are the most commonly searched types of Model Risk Governance jobs in Silver Spring, MD?

The most popular types of Model Risk Governance jobs in Silver Spring, MD are:

What are popular job titles related to Internship Model Risk Governance jobs in Silver Spring, MD?

For Internship Model Risk Governance jobs in Silver Spring, MD, the most frequently searched job titles are:

Infographic showing various Internship Model Risk Governance job openings in Silver Spring, MD as of July 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $44,022 per year, or $21.2 per hour.

IT Risk Tech Lead - AI and Model Risk Governance

Freddie Mac

Mclean, VA • On-site

Full-time

Re-posted 7 days ago


Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support to the maturing of EO&T division's model risk governance process and the enterprise-wide adoption of AI risk governance framework. We work closely with all three lines of defense, and business partners on a series of risk governance and reduction activities.
Our Impact:
  • Develop and operationalize scalable model governance processes within EO&T division to promote effective model governance compliant with regulatory requirements
  • Support enterprise Artificial Intelligence (AI) adoption through the development and enhancement of critical governance technology solutions
  • Execute risk mitigation processes to ensure compliance with model and AI governance requirements
  • Develop and deliver management reporting and insights to stakeholders on the model and AI governance and compliance programs
  • Facilitate continuous monitoring, reporting, and improvement of compliance with regulatory and corporate requirements

Your Impact:
  • Lead the development, implementation, and continuous improvement of model governance operating processes
  • Drive process automation initiatives to improve operational efficiency and scalability
  • Lead and support operational control testing activities to assess control execution effectiveness
  • Coordinate and manage third-party vendor risk governance activities, including vendor SOC and Enhanced Information Risk Review
  • Lead AI Clearinghouse operations and strategic initiatives, including AI solutions and use case intake governance, stakeholder support, anomaly resolution, management reporting, and platform enhancement
  • Partner with cross-functional stakeholders to enhance and implement platform and tool enhancements and operational improvements
  • Support management in executing strategic initiatives, risk mitigation efforts, and other high-priority projects
  • Serve as a trusted advisor to business, technology, and risk partners on model, AI, vendor governance requirements

Qualifications:
  • Bachelor's degree in a relevant field such as Computer Science, Information Systems, Finance, Risk Management or a related field. Advanced degrees (MBA, MS, or equivalent) preferred
  • Minimum of 8 years of experience in model risk governance, AI/ML risk management, operational risk management, technology risk management, or related governance and compliance functions
  • Experience developing, implementing, or operating model governance and AI governance, and ability to interpret regulatory requirements and translating governance standards into operational processes and controls
  • Working knowledge of the COSO internal control framework, the NIST controls framework, operational risk management principles, and financial industry governance and compliance practices
  • Previous experience in IT audit, operational risk management, regulatory compliance, or a Big Four consulting
  • Relevant professional certifications such as CISA, CISSP, CISM, CPA, CIA Security+, or similar certifications are strongly desired

Keys to Success in this Role:
  • Strong technical, analytical, problem-solving, and critical thinking skills
  • Excellent written, verbal, and interpersonal communication skills
  • Self-motivated and proactive professional with a strong sense of ownership and accountability
  • Ability to adapt changes positively and quickly
  • Ability to manage competing priorities and deliver high-quality results in a fast-paced environment
  • Ability to work independently while fostering collaboration across diverse teams and stakeholders
  • Intellectual curiosity and passion for learning emerging technologies, AI and model trends, and evolving regulatory requirements
  • Strong organizational and project management skills with attention to detail and excellence.
  • Ability to drive process improvements, automation, and operational excellence.

Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $136,000 - $204,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

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About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970