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Manager Model Risk Management Jobs in Edison, NJ

Showing results 21-40

Manager Model Risk Management information

See Edison, NJ salary details

$45K

$107.4K

$173.4K

How much do manager model risk management jobs pay per year?

As of Aug 22, 2026, the average yearly pay for manager model risk management in Edison, NJ is $107,360.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,100.00 and $136,700.00 per year, depending on experience, location, and employer.

What is the difference between Manager Model Risk Management vs Model Risk Analyst?

AspectManager Model Risk ManagementModel Risk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFAOften requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications
Work EnvironmentLeads teams, manages risk frameworks, and interacts with senior managementPerforms detailed risk analysis, supports model validation, and reports findings
Employer & Industry UsageCommon in banking, asset management, and financial institutionsFound 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.

What are the most commonly searched types of Model Risk Management jobs in Edison, NJ?

The most popular types of Model Risk Management jobs in Edison, NJ are:

What job categories do people searching Manager Model Risk Management jobs in Edison, NJ look for?

The top searched job categories for Manager Model Risk Management jobs in Edison, NJ are:

What cities near Edison, NJ are hiring for Manager Model Risk Management jobs?

Cities near Edison, NJ with the most Manager Model Risk Management job openings:

Infographic showing various Manager Model Risk Management job openings in Edison, NJ as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, 1% Temporary, and 3% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $107,360 per year, or $51.6 per hour.

Risk Model Validation Associate

Nomura International

Manhattan, NY • On-site

$115K - $135K/yr

Full-time

Re-posted 4 days ago


Job description

Job Title: Model Risk - Risk Model Validation

Corporate Title:    Associate

Department:         Risk Management - Model Risk Management

Location:             New York, NY

The pay range for this position at commencement of employment is expected to be between $115,000 and $135,000/ year.  * (see below footnote for additional compensation and benefits information).

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Aon's Benefit Index, Nomura's benefits rank #1 amongst our competitors

Department Overview:

Nomura's Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment.

Role Description:

Model Risk Management is a group within Risk Management responsible for:

  • Developing, executing and enforcing an effective Model Risk Management Framework.
  • Producing a consolidated view of Model Risk for comparison with the Model Risk Appetite.
  • Independently validating, reviewing and approving Models for their intended uses.

This role will focus on Risk Models and will be responsible for a range of tasks throughout the Model Lifecycle including assessing conceptual soundness, performing sensitivity analysis, verifying proper model implementation, developing benchmark models and reviewing model performance.

Skills, experience, qualifications and knowledge required:

  • A postgraduate degree in a quantitative discipline. 
  • 1-3 years of experience in Model Risk.
  • Familiarity with econometrics, stochastic calculus and statistical programming (e.g. R, Python).
  • Familiarity with Risk Models preferred (e.g. VaR, Stress Testing, Counterparty Credit Risk Models).

Nomura Leadership Behaviours

  • Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
  • Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
  • Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
  • Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
  • Inclusion: Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).  

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. 

If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".

Nomura is an Equal Opportunity Employer