Director Model Risk Management - KM06AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every ...
Director Model Risk Management - KM06AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every ...
Director Model Risk Management - KM06AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every ...
Director Model Risk Management - KM06AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every ...
Sr Analyst Model Risk Management - KM07AE Analyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
Sr Analyst Model Risk Management - KM07AE Analyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
Sr Analyst Model Risk Management - KM07AEAnalyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
Sr Analyst Model Risk Management - KM07AEAnalyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
AVP, Model Validation
Stamford, CT · On-site
The AVP, Model Validation is responsible for model validation and ensure they are meeting Model Risk Management policies, standards, procedures as well as regulations (OCC2011-12/SR 11-7). This role ...
AVP, Model Validation
Stamford, CT · On-site
The AVP, Model Validation is responsible for model validation and ensure they are meeting Model Risk Management policies, standards, procedures as well as regulations (OCC2011-12/SR 11-7). This role ...
AVP, Model Validation
Stamford, CT · On-site
The AVP, Model Validation is responsible for model validation and ensure they are meeting Model Risk Management policies, standards, procedures as well as regulations (OCC2011-12/SR 11-7). This role ...
AVP, Model Validation
Stamford, CT · On-site
The AVP, Model Validation is responsible for model validation and ensure they are meeting Model Risk Management policies, standards, procedures as well as regulations (OCC2011-12/SR 11-7). This role ...
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
Quick apply
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
Quick apply
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site +1
$112K - $168K/yr
Programming and modeling skills specifically in R * Foundational knowledge of pricing, valuation, financial and risk management models. * Organized and detail oriented with an ability to adjust to ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site +1
$112K - $168K/yr
Programming and modeling skills specifically in R * Foundational knowledge of pricing, valuation, financial and risk management models. * Organized and detail oriented with an ability to adjust to ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site
$112K - $168K/yr
Programming and modeling skills specifically in R * Foundational knowledge of pricing, valuation, financial and risk management models. * Organized and detail oriented with an ability to adjust to ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site
$112K - $168K/yr
Programming and modeling skills specifically in R * Foundational knowledge of pricing, valuation, financial and risk management models. * Organized and detail oriented with an ability to adjust to ...
OFSAA data modeler
Norwalk, CT · On-site
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
OFSAA data modeler
Norwalk, CT · On-site
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
OFSAA data modeler
Norwalk, CT · On-site
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
OFSAA data modeler
Norwalk, CT · On-site
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
The unique, system-wide Institute Model offers a unified high standard of care in crucial ... manager(s) in the delivery of risk management services in all acute care and hospital-based ...
The unique, system-wide Institute Model offers a unified high standard of care in crucial ... manager(s) in the delivery of risk management services in all acute care and hospital-based ...
CT · On-site
This highly visible role will provide oversight of risk management activities across a broad portfolio of operating businesses and assets, offering exposure to a wide range of complex risk profiles ...
CT · On-site
This highly visible role will provide oversight of risk management activities across a broad portfolio of operating businesses and assets, offering exposure to a wide range of complex risk profiles ...
Your work will blend risk management, technology, and strategic thinking to deliver integrated ... Educate clients and internal teams on digital assets and operating model leading practices.
Your work will blend risk management, technology, and strategic thinking to deliver integrated ... Educate clients and internal teams on digital assets and operating model leading practices.
Administer the facility's risk management program on a day-to-day basis. * Participate in facility-wide systems for risk identification, investigation, and reduction, including incident report and ...
Administer the facility's risk management program on a day-to-day basis. * Participate in facility-wide systems for risk identification, investigation, and reduction, including incident report and ...
Clinical Risk Manager
Hartford, CT · On-site
Administer the facility's risk management program on a day-to-day basis. * Participate in facility-wide systems for risk identification, investigation, and reduction, including incident report and ...
Clinical Risk Manager
Hartford, CT · On-site
Administer the facility's risk management program on a day-to-day basis. * Participate in facility-wide systems for risk identification, investigation, and reduction, including incident report and ...
Clinical Risk Manager
Hartford, CT · On-site
Administer the facility's risk management program on a day-to-day basis. * Participate in facility-wide systems for risk identification, investigation, and reduction, including incident report and ...
Clinical Risk Manager
Hartford, CT · On-site
Administer the facility's risk management program on a day-to-day basis. * Participate in facility-wide systems for risk identification, investigation, and reduction, including incident report and ...
Principal Technical Product Manager
Hartford, CT · On-site +1
Ability to operationalize model risk management (MRM) practices across the product lifecycle * Data Privacy & Security * Strong understanding of data protection, PII handling, and data classification
Principal Technical Product Manager
Hartford, CT · On-site +1
Ability to operationalize model risk management (MRM) practices across the product lifecycle * Data Privacy & Security * Strong understanding of data protection, PII handling, and data classification
Ability to operationalize model risk management (MRM) practices across the product lifecycle * Data Privacy & Security * Strong understanding of data protection, PII handling, and data classification
Ability to operationalize model risk management (MRM) practices across the product lifecycle * Data Privacy & Security * Strong understanding of data protection, PII handling, and data classification
Manager Model Risk Management information
What is the highest paying risk management job?
The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.
What does a model risk manager do?
A model risk manager oversees the identification, assessment, and mitigation of risks associated with financial and operational models used within an organization. They ensure models are accurate, compliant with regulations, and perform as intended, often working with validation teams and utilizing tools like statistical software. Their role helps prevent financial loss and supports sound decision-making.
What is the difference between Manager Model Risk Management vs Model Risk Analyst?
| Aspect | Manager Model Risk Management | Model Risk Analyst |
|---|---|---|
| Credentials | Typically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFA | Often requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications |
| Work Environment | Leads teams, manages risk frameworks, and interacts with senior management | Performs detailed risk analysis, supports model validation, and reports findings |
| Employer & Industry Usage | Common in banking, asset management, and financial institutions | Found in similar environments, often as a supporting role to managers |
The Manager Model Risk Management oversees the entire model risk framework, manages teams, and interacts with senior stakeholders. In contrast, the Model Risk Analyst focuses on detailed analysis, validation, and reporting of models. Both roles require similar credentials but differ in scope and responsibilities.
Is model risk management a good career?
Model risk management is a specialized field within financial and banking sectors that involves identifying, assessing, and mitigating risks associated with financial models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.
What is the salary of model risk management in Deloitte?
The salary for a Manager in Model Risk Management at Deloitte typically ranges from $110,000 to $150,000 annually, depending on experience, location, and performance. Additional benefits may include bonuses, health insurance, and professional development opportunities.
What are the most commonly searched types of Model Risk Management jobs in Connecticut? The most popular types of Model Risk Management jobs in Connecticut are:
What are popular job titles related to Manager Model Risk Management jobs in Connecticut? For Manager Model Risk Management jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Connecticut look for? The top searched job categories for Manager Model Risk Management jobs in Connecticut are:
What cities in Connecticut are hiring for Manager Model Risk Management jobs? Cities in Connecticut with the most Manager Model Risk Management job openings:
Director Model Risk Management - AI/Gen AI
The Hartford Financial Services Group, Inc.Hartford, CT • On-site
Full-time
Posted 24 days ago
The Hartford rating
8.8
Based on 104 frontline employees who took The Breakroom Quiz
53rd of 261 rated insurance
Job description
Director Model Risk Management - KM06AE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Director Model Risk Management AI/GenAI
The Hartford's Model Risk Management function seeks a director to join a talented and high-performing Model Risk Management team. The successful candidate will lead efforts to ensure the integrity, accuracy, and compliance of AI and Generative AI (GenAI) models used across the enterprise. The Director/Validator will independently review, challenge, and validate models to ensure they meet internal model risk management standards, regulatory expectations, and ethical AI principles. In addition, the Director will drive the enhancement of the existing model validation framework for GenAI including identifying and deploying model validation tools for increased efficiency.
The Hartford utilizes advanced analytics, predictive, AI/ML, and Generative AI models as well as traditional actuarial models in a variety of important and critical business functions. The Model Risk Management team manages model risk across The Hartford by validating these models, implementing consistent policies and standards, and maintaining appropriate model oversight. As part of the team, this role will focus primarily on validating AI and GenAI models across The Hartford and reporting results to key internal stakeholders. Additional responsibilities include educating modeling best practices and spreading model risk awareness across the enterprise.
Responsibilities
Qualifications
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$136,000 - $204,000
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Director Model Risk Management AI/GenAI
The Hartford's Model Risk Management function seeks a director to join a talented and high-performing Model Risk Management team. The successful candidate will lead efforts to ensure the integrity, accuracy, and compliance of AI and Generative AI (GenAI) models used across the enterprise. The Director/Validator will independently review, challenge, and validate models to ensure they meet internal model risk management standards, regulatory expectations, and ethical AI principles. In addition, the Director will drive the enhancement of the existing model validation framework for GenAI including identifying and deploying model validation tools for increased efficiency.
The Hartford utilizes advanced analytics, predictive, AI/ML, and Generative AI models as well as traditional actuarial models in a variety of important and critical business functions. The Model Risk Management team manages model risk across The Hartford by validating these models, implementing consistent policies and standards, and maintaining appropriate model oversight. As part of the team, this role will focus primarily on validating AI and GenAI models across The Hartford and reporting results to key internal stakeholders. Additional responsibilities include educating modeling best practices and spreading model risk awareness across the enterprise.
Responsibilities
- Model Validation and Oversight: Direct and perform end-to-end model validations on AI and GenAI model use cases across The Hartford's functional areas and lines of business:
- Ensure model calculations, machine learning algorithms, and GenAI methods are accurate and appropriate for intended use.
- Design and build challenger solutions and testing methods for tasks such as summarization, question answering, search, data synthesis, LLM-as-a-judge, Context Relevancy, Answer Relevancy, Groundedness etc.
- Review and assess the quantitative and qualitative testing techniques to ensure model accuracy, robustness, and reliability.
- Assess key data inputs, assumptions, prompt engineering, context engineering for accuracy and appropriateness.
- Review model outputs for accuracy and appropriate downstream usage.
- Deliver effective challenge to key modeling elements such as inputs, calculations, outputs, conceptual soundness, monitoring & controls, documentation, etc.
- Assess the appropriate use of model / use case controls, e.g., Guardrails, HITL/HOTL, their implementation and effectiveness across a variety of models and use cases.
- Identify findings and recommendations, including impact analysis, to mitigate model risk and compile clear and concise model validation reports.
- Perform governance accountabilities related to findings tracking, remediation testing, and validation.
- Governance, Framework, and Practice Enhancement: Drive end-to-end initiatives including the enhancement of the existing GenAI model validation framework:
- Assist in the continuous improvement of The Hartford's Model Risk Management function by monitoring external environment, recommending process improvements, implementing emerging best practices, and evolving the enterprise's model risk management Policy and Standards for Model Development and Use
- Identifying and deploying model validation tools for increased efficiency, while ensuring the continued alignment with regulatory standards
- Identify/develop qualitative assessments and quantitative performance metrics to test and monitor AI/ML and GenAI performance and reliability, including model drift detection, data currency, lineage, quality, integrity, and inform model validation practices (e.g., scope, frequency)
- Pro-actively stay informed of advancements in AI/ML, GenAI modeling and associated emerging techniques/technologies, their application, risks, and risk mitigating strategies.
- Lead initiatives to understand and upskill for tools, such as VertexAI/Google agent development kit, LangChain/LangGraph, RAG frameworks, HuggingFace, OpenAI APIs, etc.
- Strategic Collaboration: Strengthen enterprise partnerships with leadership and their teams across Data Science, Tech, PIDA, Actuarial and the Lines of Business to:
- Deliver insights that enhance model development, performance, and reliability, ensuring a comprehensive approach to risk management and business strategy.
- Keep model risk practices aligned with the proliferation and sophistication of modeling by partnering on cross functional teams (e.g., Audit Readiness) to advance Standard Work Templates and best practices for proactive model risk management.
- Pro-actively stay informed of enterprise and Line of Business initiatives, deliverables, and reporting.
Qualifications
- Advanced degree (M.S. or Ph.D.) in a relevant field e.g., Artificial Intelligence, Machine Learning, Computational Science, Engineering, Statistics, Applied Mathematics, Actuarial Science, Quantitative Economics.
- 10+ years of industry experience in machine learning or data science and with 1+ years focused on GenAI.
- Strong understanding of enterprise-wide governance and risk management frameworks.
- P&C, Group, Life, or related insurance product experience is a plus.
- Strong programming experience across languages/technology platforms including Python, R, SAS/SQL
- Solid understanding of GenAI concepts including prompt and context engineering, retrieval-augmented generation (RAG), agent workflow, LLM evaluation, familiarity with neural networks
- Experience in GenAI tools such as Vertex AI/Google agent development kit, LangChain/LangGraph, RAG frameworks, HuggingFace, OpenAI APIs.
- Ability to act independently with proactive self-directed accountability and demonstrated experience and consistency in meeting deadlines while adapting to shifting priorities.
- Strong analytical, critical, and investigative thinking skills
- Demonstrated commitment to lifelong learning with an ardent desire for continuous development to keep pace with evolving modeling techniques and AI technologies.
- Solution oriented creativity, innovative thinking, and challenging the status quo.
- Excellent communication and collaboration skills, with the ability to explain complex technical concepts to non-technical stakeholders across the enterprise.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$136,000 - $204,000
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits
What The Hartford employees say
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Benefits
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Workplace
Get the full story on Breakroom
About Hartford
Sourced by ZipRecruiter
Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Hartford, CT, US
Year founded
1810