As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the ...
As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the ...
Director Enterprise Model Risk Governance
Mclean, VA · On-site
$162 - $242/hr
As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the ...
Director Enterprise Model Risk Governance
Mclean, VA · On-site
$162 - $242/hr
As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the ...
As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the ...
As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the ...
Lead, Enterprise Model Risk Governance
Mclean, VA · On-site
$122 - $184/hr
As a member of the second line of defense, you will help strengthen model governance and model risk management practices across the enterprise. You will partner closely across Enterprise Risk, model ...
Lead, Enterprise Model Risk Governance
Mclean, VA · On-site
$122 - $184/hr
As a member of the second line of defense, you will help strengthen model governance and model risk management practices across the enterprise. You will partner closely across Enterprise Risk, model ...
As a member of the second line of defense, you will help strengthen model governance and model risk management practices across the enterprise. You will partner closely across Enterprise Risk, model ...
As a member of the second line of defense, you will help strengthen model governance and model risk management practices across the enterprise. You will partner closely across Enterprise Risk, model ...
As a member of the second line of defense, you will help strengthen model governance and model risk management practices across the enterprise. You will partner closely across Enterprise Risk, model ...
As a member of the second line of defense, you will help strengthen model governance and model risk management practices across the enterprise. You will partner closely across Enterprise Risk, model ...
Establish governance, policies, and standards that define how the company manages model risk to support safety and soundness * Monitor and report on the risk and control profile, model risk appetite ...
Establish governance, policies, and standards that define how the company manages model risk to support safety and soundness * Monitor and report on the risk and control profile, model risk appetite ...
Model Risk Senior Lead
Mclean, VA · On-site
$151 - $227/hr
Establish governance, policies, and standards that define how the company manages model risk to support safety and soundness * Monitor and report on the risk and control profile, model risk appetite ...
Model Risk Senior Lead
Mclean, VA · On-site
$151 - $227/hr
Establish governance, policies, and standards that define how the company manages model risk to support safety and soundness * Monitor and report on the risk and control profile, model risk appetite ...
Model Risk Senior Lead
Mclean, VA · On-site
Establish governance, policies, and standards that define how the company manages model risk to support safety and soundness * Monitor and report on the risk and control profile, model risk appetite ...
Model Risk Senior Lead
Mclean, VA · On-site
Establish governance, policies, and standards that define how the company manages model risk to support safety and soundness * Monitor and report on the risk and control profile, model risk appetite ...
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
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
Develop and mature model governance operations for EO&T division to promote robust model governance ... Execute risk mitigant processes to support compliance with model and AI governance requirements
Develop and mature model governance operations for EO&T division to promote robust model governance ... Execute risk mitigant processes to support compliance with model and AI governance requirements
Develop and mature model governance operations for EO&T division to promote robust model governance ... Execute risk mitigant processes to support compliance with model and AI governance requirements
Develop and mature model governance operations for EO&T division to promote robust model governance ... Execute risk mitigant processes to support compliance with model and AI governance requirements
Support the creation and maintenance of model risk management policies, procedures, standards, and ... Experience serving as a model governance subject matter expert or providing project-based ...
Support the creation and maintenance of model risk management policies, procedures, standards, and ... Experience serving as a model governance subject matter expert or providing project-based ...
Support the creation and maintenance of model risk management policies, procedures, standards, and ... Experience serving as a model governance subject matter expert or providing project-based ...
Support the creation and maintenance of model risk management policies, procedures, standards, and ... Experience serving as a model governance subject matter expert or providing project-based ...
Support the creation and maintenance of model risk management policies, procedures, standards, and ... Experience serving as a model governance subject matter expert or providing project-based ...
Support the creation and maintenance of model risk management policies, procedures, standards, and ... Experience serving as a model governance subject matter expert or providing project-based ...
Manager, Model Risk
Sterling, VA · On-site
Evaluate model performance monitoring, change management, ongoing review, and governance practices for alignment with the Model Risk Management framework and applicable regulatory expectations.
Manager, Model Risk
Sterling, VA · On-site
Evaluate model performance monitoring, change management, ongoing review, and governance practices for alignment with the Model Risk Management framework and applicable regulatory expectations.
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 ...
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 ...
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 ...
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 ...
The Model Risk Governance - Reporting and Automation team sits within the Model Risk Office and serves for providing risk reporting to enterprise and process optimization for the department.
The Model Risk Governance - Reporting and Automation team sits within the Model Risk Office and serves for providing risk reporting to enterprise and process optimization for the department.
Model Risk Control Specialist
Baltimore, MD · On-site
$70K/yr
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/yr
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 ...
Internship Model Risk Governance information
See Silver Spring, MD salary details
$26.4K - $32.2K
5% of jobs
$34.2K is the 25th percentile. Wages below this are outliers.
$32.2K - $38.1K
59% of jobs
$38.1K - $44K
9% of jobs
$44.4K is the 75th percentile. Wages above this are outliers.
$44K - $49.9K
17% of jobs
$49.9K - $55.7K
4% of jobs
$55.7K - $61.6K
2% of jobs
$61.6K - $67.5K
3% of jobs
$67.5K - $73.4K
0% of jobs
$73.4K - $79.2K
0% of jobs
$79.2K - $85.1K
0% of jobs
$85.1K - $91K
0% of jobs
$26.4K
$44K
$91K
How much do internship model risk governance jobs pay per year?
As of Sep 7, 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?
| Aspect | Internship Model Risk Governance | Model Risk Analyst |
|---|---|---|
| Credentials | Typically pursuing or recent graduate, some familiarity with risk management | Often requires relevant certifications or experience in risk analysis |
| Work Environment | Internship setting, supervised, learning-focused | Full-time, analytical, risk assessment-focused |
| Employer & Industry | Financial institutions, banks, asset managers | Financial 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:
What job categories do people searching Internship Model Risk Governance jobs in Silver Spring, MD look for?
The top searched job categories for Internship Model Risk Governance jobs in Silver Spring, MD are:
Freddie Mac rating
9.2
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:
This role sits at the center of Freddie Mac's enterprise model risk oversight, shaping how the company manages model risk across the business lines.
As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the business divisions to manage model risk. The position offers high visibility, meaningful influence on enterprise outcomes, and the opportunity to innovate in model and AI/ML governance, risk system build-out, and risk control optimization while developing and leading talent in a fast-paced environment.
Our Impact:
The Enterprise Model Risk (EMR) team within the Enterprise Risk Division is responsible for oversight and effective challenge of the company's model risk.
Together, we:
Your Impact:
Director, Enterprise Model Risk Governance, an influential leader at Freddie Mac, you will:
Qualifications:
Keys to Success in this Role:
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 $162,000 - $242,000 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.
Position Overview:
This role sits at the center of Freddie Mac's enterprise model risk oversight, shaping how the company manages model risk across the business lines.
As a people manager, you'll strengthen model governance and model risk management. You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the business divisions to manage model risk. The position offers high visibility, meaningful influence on enterprise outcomes, and the opportunity to innovate in model and AI/ML governance, risk system build-out, and risk control optimization while developing and leading talent in a fast-paced environment.
Our Impact:
The Enterprise Model Risk (EMR) team within the Enterprise Risk Division is responsible for oversight and effective challenge of the company's model risk.
Together, we:
- Establish governance, policies, and standards that define how the company manages model risk to support safety and soundness
- Monitor and report on the risk and control profile, model risk appetite, and performance of risk indicators and metrics against thresholds and limits
- Communicate enterprise-wide model risk management issues and validation findings and monitor effective and timely issue/finding resolution
- Provide timely and independent oversight and effective challenge of the company's model risk management practices
- Execute an integrated oversight plan in collaboration with Financial Risk and other Non-Financial Risk areas to support the Chief Risk Officer in providing senior management and the Board with an enterprise view of risks
Your Impact:
Director, Enterprise Model Risk Governance, an influential leader at Freddie Mac, you will:
- Provide second line of defense governance and oversight across the enterprise model risk management framework
- Lead model governance activities to promote consistent application of model risk policies, standards, procedures, and governance requirements across business lines
- Partner with model owners, model developers, validators, and risk partners to support sound model lifecycle management, including model development, implementation, use, change management, performance monitoring, validation, and retirement
- Support the development of model risk management tools and systems by partnering with business, technology, and operations teams on business requirements, workflow design, user acceptance testing, and implementation readiness
- Contribute to enhancements in model risk systems, workflows, and reporting capabilities to improve transparency, traceability, and oversight effectiveness
- Build strong partnerships with first line counterparts and across Enterprise Risk to strengthen model risk management practices and governance outcomes
- Monitor industry trends, regulatory developments, and emerging practices in model risk management and AI/ML governance to inform program improvements
- Identify opportunities for streamlining, optimizing and automating model risk processes and controls.
- Develop, coach, and lead team members while fostering a culture of accountability, collaboration, and continuous improvement
Qualifications:
- At least 12 years of experience in model risk management, model governance, model validation, quantitative risk management, or related functions within a large, complex financial institution
- Bachelor's degree required; Master's degree preferred in finance, economics, engineering, data science, or a related field
- Proven leader with a track record of building, leading, and scaling high performing teams in complex organizations
- Strong understanding of model risk management principles and regulatory expectations, including SR 11-7, 26-2 and FHFA model AB
- Demonstrated experience in second line of defense model governance or model risk oversight within the financial services industry
- Strong knowledge of model lifecycle practices, including model development, implementation, use, performance monitoring, change management, validation, and model retirement
- Experience working with model risk management tools or systems, including business requirements development, workflow design, user acceptance testing, implementation support, or product ownership responsibilities
- Understanding of key model types used in financial institutions, such as credit risk, loss forecasting, capital, valuation, pricing, fraud, underwriting, or decision models
- Ability to provide effective challenge and independent oversight while building constructive partnerships with first line business and modeling teams
- Experience supporting governance forums, management reporting, and communication of model risk issues to senior stakeholders
- Familiarity with model risk systems, governance workflows, and enterprise model risk management
- Strong leadership, decision-making, and organizational skills, with the ability to manage multiple priorities in a fast-paced environment
- Excellent verbal and written communication skills with the ability to communicate complex model risk concepts clearly to a variety of audiences, including senior management and regulators
Keys to Success in this Role:
- Effective collaboration to build trust and increase efficiency across the three lines, including the business and Finance Divisions, Enterprise Risk Division, and Internal Audit
- Ability to communicate effectively and efficiently
- Ability to prioritize across multiple competing tasks, manage teams effectively, and deliver timely, high-quality, and well-documented oversight outcomes
- Strong organization skills, analytical mindset, and ability to work in a fast-paced environment against tight deadlines
- Remain current on the latest financial risk management developments, regulations, and industry trends
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 $162,000 - $242,000 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.
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