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Manager Model Risk Management Jobs in Edison, NJ

American Express

Manager - Risk Management

New York, NY · On-site

We are seeking a skilled and detail-oriented professional to join our team as a model risk governance manager. Responsibilities for this role include overseeing and enhancing the organization's model ...

Td

FCRM Model Risk Governance Strategy

New York, NY · On-site

$96.13K - $155.95K/yr

The Financial Crime Risk Management (FCRM) Modeling & Advanced Analytics team is part of the FCRM organization and is responsible for developing, maintaining/enhancing, and governing the Enterprise ...

Merican

Context Engineer (Model Risk Focus)

New York, NY · On-site

$50 - $53/hr

TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that ... Job Title: Context Engineer (Model Risk Focus) Location: NYC, NY, 10003 Duration: 6 months Rate ...

American Express

Manager - Risk Management

Manhattan, NY · On-site

$89.25K - $150.25K/yr

This role offers significant exposure to senior leaders across GMNS and the broader enterprise, with the opportunity to shape and embed a more mature, sustainable risk management model. Key ...

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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 May 31, 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:
Manager Model Risk Management jobs near you
Infographic showing various Manager Model Risk Management job openings in Edison, NJ as of May 2026, with employment types broken down into 1% As Needed, 95% Full Time, 2% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $107,360 per year, or $51.6 per hour.
Model Risk, Asset Liability Management (Risk Management) : Job Level - Associate

Model Risk, Asset Liability Management (Risk Management) : Job Level - Associate

Morgan Stanley

New York, NY • On-site

$100K - $140K/yr

Full-time

Posted 29 days ago

Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

38th of 138 rated financial services

Job description

Firm Risk Management
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
This role resides within Firm Risk Management's Model Risk Management (MRM) group, which is responsible for oversight of models and tools risk across the Firm. The position focuses specifically on models used by Treasury-including Interest Rate Risk in the Banking Book (IRRBB), liquidity and funding-related models, and other Treasury analytical tools. The role is suited for individuals with strong quantitative skills, attention to detail, and an interest in financial risk management, markets, and balance sheet dynamics.
Primary Responsibilities
Conduct independent review and validation of Treasury and IRRBB models and tools, including methodologies supporting Net Interest Income (NII). The responsibility will also include developing deep understanding of Economic Value of Equity (EVE), behavioral models, interest rate risk methods, prepayment/decay models, term structure methodologies, liquidity modeling tools, and other Treasury analytics.
Review models supporting stress testing, ICAAP, and other internal/external exercises, ensuring conceptual soundness, appropriateness of assumptions, and robustness of implementation.
Support development and execution of MRM independent testing frameworks in accordance with regulatory expectations
Perform quantitative testing, including sensitivity analyses, benchmarking, backtesting, and performance monitoring.
Stay current on regulatory guidance, market trends, and macro/micro themes relevant to Treasury model risks.
Prepare clear and well structured validation reports for internal stakeholders (model developers, internal audit) and external regulators.
Communicate validation results and methodological assessments effectively to internal audiences, including senior management. Firm Risk Management Master's degree in a quantitative or finance related discipline (e.g., Mathematical Finance, Statistics, Physics, Operations Research) preferred; Bachelor's degree with relevant experience considered.
Strong statistical and quantitative skills - e.g., regression, time series, stochastic processes, Monte Carlo methods is preferred.
Familiarity with financial risk modeling techniques and software like QRM, particularly those used in IRRBB, balance sheet management, and liquidity/treasury models.
Programming proficiency in Python, SQL, or similar analytical tools.
Prior experience developing or validating models related to IRRBB, Treasury, liquidity, or Asset Liability Management is a plus.
Knowledge of regulatory expectations for model risk management (e.g., SR 11-7) is advantageous.
Ability to work in a collaborative, dynamic environment with a mix of technical and market oriented tasks.
Progress toward professional certifications such as CFA or FRM is beneficial.
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $100,000 and $140,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

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