This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk. Primary Responsibilities
This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk. Primary Responsibilities
This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk. Primary Responsibilities
This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk. Primary Responsibilities
Responsibilities Leadership & Team Management * Leads a highperforming, multidisciplinary model validation team responsible for validating a diverse portfolio of models including investment and risk ...
Responsibilities Leadership & Team Management * Leads a highperforming, multidisciplinary model validation team responsible for validating a diverse portfolio of models including investment and risk ...
Actuary & Director (FSA), Model Risk Management
Charlotte, NC · On-site +1
$203K - $249K/yr
Pacific Life is seeking an Actuary & Director, Model Risk Management to join our team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA,Omaha, NE, or ...
Actuary & Director (FSA), Model Risk Management
Charlotte, NC · On-site +1
$203K - $249K/yr
Pacific Life is seeking an Actuary & Director, Model Risk Management to join our team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA,Omaha, NE, or ...
Actuary & Director (FSA), Model Risk Management
Charlotte, NC · On-site +1
$203K - $249K/yr
Pacific Life is seeking an Actuary & Director, Model Risk Management to join our team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA,Omaha, NE, or ...
Actuary & Director (FSA), Model Risk Management
Charlotte, NC · On-site +1
$203K - $249K/yr
Pacific Life is seeking an Actuary & Director, Model Risk Management to join our team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA,Omaha, NE, or ...
Model Risk Actuary
Charlotte, NC · On-site
$113K - $133K/yr
The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving ...
Model Risk Actuary
Charlotte, NC · On-site
$113K - $133K/yr
The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving ...
Delivery Support IAD Management and Team Lead in refining and executing the broad audit program that covers all models used in financial and non-financial risk management across SMBC Americas ...
Delivery Support IAD Management and Team Lead in refining and executing the broad audit program that covers all models used in financial and non-financial risk management across SMBC Americas ...
Director, Model Risk Audit
Charlotte, NC · On-site
Delivery • Support IAD Management and Team Lead in refining and executing the broad audit program that covers all models used in financial and non-financial risk management across SMBC Americas ...
Director, Model Risk Audit
Charlotte, NC · On-site
Delivery • Support IAD Management and Team Lead in refining and executing the broad audit program that covers all models used in financial and non-financial risk management across SMBC Americas ...
Model Validation Specialist
Charlotte, NC · On-site
$95K - $140K/yr
Familiarity with financial crime and risk management platforms such as Actimize, Fircosoft, world ... model that provides employees with an opportunity to work from home, as well as, from an SMBC ...
Model Validation Specialist
Charlotte, NC · On-site
$95K - $140K/yr
Familiarity with financial crime and risk management platforms such as Actimize, Fircosoft, world ... model that provides employees with an opportunity to work from home, as well as, from an SMBC ...
Model Validation Specialist
Charlotte, NC · On-site
$95K - $140K/yr
Familiarity with financial crime and risk management platforms such as Actimize, Fircosoft, world ... model that provides employees with an opportunity to work from home, as well as, from an SMBC ...
Model Validation Specialist
Charlotte, NC · On-site
$95K - $140K/yr
Familiarity with financial crime and risk management platforms such as Actimize, Fircosoft, world ... model that provides employees with an opportunity to work from home, as well as, from an SMBC ...
Director AI Risk
Charlotte, NC · On-site
... model risk management, data governance, and/or AI/analytics within the financial services industry. • Experience with AI governance, model inventory, or GRC tooling (e.g., model registries ...
Director AI Risk
Charlotte, NC · On-site
... model risk management, data governance, and/or AI/analytics within the financial services industry. • Experience with AI governance, model inventory, or GRC tooling (e.g., model registries ...
Director AI Risk
Charlotte, NC · Hybrid
Minimum of 10 years of experience in risk management, technology risk, model risk management, data governance, and/or AI/analytics within the financial services industry. Experience with AI ...
Director AI Risk
Charlotte, NC · Hybrid
Minimum of 10 years of experience in risk management, technology risk, model risk management, data governance, and/or AI/analytics within the financial services industry. Experience with AI ...
Sr. Audit Manager - Quant
Charlotte, NC · On-site
The SQAM further assists in line of business relationship management, risk monitoring, and professional development of the full Model Risk audit team. ESSENTIAL DUTIES AND RESPONSIBILITIES Following ...
Sr. Audit Manager - Quant
Charlotte, NC · On-site
The SQAM further assists in line of business relationship management, risk monitoring, and professional development of the full Model Risk audit team. ESSENTIAL DUTIES AND RESPONSIBILITIES Following ...
As a Quantitative Analytics & Model Consultant Senior within PNC's Market Risk Management organization, you will be based in Pittsburgh, PA / Charlotte, NC / New York City / Cleveland, OH ...
New
As a Quantitative Analytics & Model Consultant Senior within PNC's Market Risk Management organization, you will be based in Pittsburgh, PA / Charlotte, NC / New York City / Cleveland, OH ...
New
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 ...
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 ...
Operational Risk Governance Analyst
Charlotte, NC · On-site +1
Primary focus will be to manage Operational and Model Risk Operations as well as policy governance activities. 4. Execute processes that drive ORM reporting to ensure transparency of operational and ...
Operational Risk Governance Analyst
Charlotte, NC · On-site +1
Primary focus will be to manage Operational and Model Risk Operations as well as policy governance activities. 4. Execute processes that drive ORM reporting to ensure transparency of operational and ...
Model Validation Specialist
Charlotte, NC · On-site
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Model Validation Specialist
Charlotte, NC · On-site
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Work with Model Risk Management (MRM) on compliance considerations for AI/ML models, including alignment with SR 117 and responsible AI principles. Team Leadership & Collaboration * Build, mentor ...
Work with Model Risk Management (MRM) on compliance considerations for AI/ML models, including alignment with SR 117 and responsible AI principles. Team Leadership & Collaboration * Build, mentor ...
CSBB Quantitative Assets Governance Execution Consultant
Charlotte, NC · On-site
$130K - $180K/yr
This role supports end-to-end model lifecycle governance, ensuring adherence to Model Risk Management (MRM) Policy and Procedures, including model development, validation, implementation, use, and ...
CSBB Quantitative Assets Governance Execution Consultant
Charlotte, NC · On-site
$130K - $180K/yr
This role supports end-to-end model lifecycle governance, ensuring adherence to Model Risk Management (MRM) Policy and Procedures, including model development, validation, implementation, use, and ...
Manager Model Risk Management information
See Charlotte, NC salary details
$42.5K - $53.5K
8% of jobs
$53.5K - $64.5K
14% of jobs
$69.6K is the 25th percentile. Wages below this are outliers.
$64.5K - $75.5K
6% of jobs
$75.5K - $86.5K
8% of jobs
$86.5K - $97.5K
11% of jobs
The median wage is $99.8K / yr.
$97.5K - $108.5K
13% of jobs
$108.5K - $119.6K
11% of jobs
$122.9K is the 75th percentile. Wages above this are outliers.
$119.6K - $130.6K
15% of jobs
$130.6K - $141.6K
8% of jobs
$141.6K - $152.6K
4% of jobs
$152.6K - $163.6K
2% of jobs
$42.5K
$101.3K
$163.6K
How much do manager model risk management jobs pay per year?
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.
Full-time
Medical, Dental, Vision, Retirement
Re-posted 9 days ago
First Horizon Bank rating
8.3
Based on 31 frontline employees who took The Breakroom Quiz
40th of 170 rated banks
Job description
Location: On site at location listed in job posting
SUMMARY
At First Horizon, the Senior Model Risk Consultant, under the supervision of the Director of Model Risk Management, will be responsible for executing best-in-class model validation activities to ensure models across First Horizon are conceptually sound relative to their intended use and performing as expected as well as ensuring compliance with our bank-wide model risk management framework including its policies and procedures. This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk.
Primary Responsibilities
- Validates Fraud, Financial Crimes, and AML/BSA models used by the Bank using various statistical and advanced testing techniques
- Critically evaluates the conceptual soundness of models and evaluates alternative theories
- Designs and executes appropriate tests to determine whether models work as designed and monitors existing models for adequate performance
- Work collaboratively with other model risk analysts as well as model owners, developers, and users
Requirements
- Master’s degree in Mathematics, Computational Finance, Econometrics, Mathematics, Statistics, or related field
- Three years of work experience in model validation. Relevant PhD work can be substituted for work experience.
- Strong knowledge of regulatory requirements for Model Risk Management with proven track records of delivering regulatory requirements
- Strong critical thinking skills and a detail-oriented nature to challenge models developed internally and by vendors
- Excellent verbal and written communication skills are necessary (ability to explain complex ideas in simple, non-technical language)
- In depth knowledge of modeling approaches to Fraud and AML/BSA
Preferences
- PhD degree in Mathematics, Computational Finance, Econometrics, Statistics, or related field
- Five years of model validation experience
Skills and Competencies
- Proficiency in Python and R
- Ability to learn additional systems as needed
- Ability to research, analyze data, and derive facts
- Ability to work under pressure and meet deadlines
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
Hours
- Monday - Friday
- 9:00 AM - 5:00 PM
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
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Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About First Horizon Bank
Sourced by ZipRecruiter
Industry
Finance and insurance and commercial banking
Company size
5,001 - 10,000 Employees
Headquarters location
Memphis, TN, US