This role serves as a key control function within Model Risk Management (MRM), ensuring models are conceptually sound, empirically validated, and compliant with regulatory and internal standards.
This role serves as a key control function within Model Risk Management (MRM), ensuring models are conceptually sound, empirically validated, and compliant with regulatory and internal standards.
We use our statistics, software engineering, and business expertise to drive the best outcomes in both Risk Management and the Enterprise. The successful candidate will join the Card Fraud Model Risk ...
We use our statistics, software engineering, and business expertise to drive the best outcomes in both Risk Management and the Enterprise. The successful candidate will join the Card Fraud Model Risk ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
We use our statistics, software engineering, and business expertise to drive the best outcomes in both Risk Management and the Enterprise. The successful candidate will join the Card Fraud Model Risk ...
We use our statistics, software engineering, and business expertise to drive the best outcomes in both Risk Management and the Enterprise. The successful candidate will join the Card Fraud Model Risk ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
Senior Credit Model Development Analyst - Consumer Portfolio (Hybrid - see description for potent...
Research and develop quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to ...
Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and ...
Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and ...
Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and ...
Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and ...
IT Risk Senior
Mclean, VA · On-site
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
IT Risk Senior
Mclean, VA · On-site
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
Model Validation Lead
Mclean, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Model Validation Lead
Mclean, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... You've built models, validated them, and backtested them. You know how to interpret a confusion ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... You've built models, validated them, and backtested them. You know how to interpret a confusion ...
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... both Risk Management and the Enterprise. We understand that we can't prepare for tomorrow by ... Build machine learning models through all phases of development, from design through training ...
... both Risk Management and the Enterprise. We understand that we can't prepare for tomorrow by ... Build machine learning models through all phases of development, from design through training ...
Model Validation Lead
Arlington, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Model Validation Lead
Arlington, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Manager Model Risk Management information
See Laurel, MD salary details
$43.1K - $54.3K
8% of jobs
$54.3K - $65.5K
14% of jobs
$70.6K is the 25th percentile. Wages below this are outliers.
$65.5K - $76.7K
6% of jobs
$76.7K - $87.8K
8% of jobs
$87.8K - $99K
11% of jobs
The median wage is $101.3K / yr.
$99K - $110.2K
13% of jobs
$110.2K - $121.4K
11% of jobs
$124.8K is the 75th percentile. Wages above this are outliers.
$121.4K - $132.5K
15% of jobs
$132.5K - $143.7K
8% of jobs
$143.7K - $154.9K
4% of jobs
$154.9K - $166.1K
2% of jobs
$43.1K
$102.8K
$166.1K
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.
$113K - $188K/yr
Full-time
Posted 6 days ago
M&T Bank rating
7.8
Based on 183 frontline employees who took The Breakroom Quiz
76th of 149 rated banks
Job description
Overview: The Senior Model Validation Analyst is responsible for executing robust, independent validations of quantitative and qualitative models across the enterprise. This role serves as a key control function within Model Risk Management (MRM), ensuring models are conceptually sound, empirically validated, and compliant with regulatory and internal standards.
Primary Responsibilities:- Lead end-to-end validation of several model families including Consumer CCAR and CECL credit risk models, AI/ML models, Cybersecurity and Technology models.
- Conduct the validation and analysis of expert judgment or qualitative factors that augment quantitative models; review to confirm proper controls and adequate documentation are in place
- Perform independent challenge of model methodologies, benchmarking, back-testing, sensitivity analysis, and stress testing
- Maintain high-quality documentation of validation work, findings, and conclusions to withstand internal audit and regulatory scrutiny.
- Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
- Support remediation of validation, audit, and regulatory findings.
- Partner with model developers, business stakeholders, and risk managers to communicate validation outcomes, challenge assumptions, and recommend improvements.
Independently manage multiple validation projects.
Partner with business lines including Credit Risk, Finance, Technology, and Wealth.
Balance regulatory expectations with business objectives.
Contribute to continuous improvement of validation practices and governance.
Individual contributor with opportunities to mentor junior analysts and provide technical guidance.
Education and Experience Required:Master's or Doctoral Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline,
Plus 4 years' experience in model development or validation, with a combined minimum of >5 years' higher education and relevant work experience.
Technical knowledge of advanced software packages used in analytics.
Education and Experience Preferred:Master's or PhD in a quantitative discipline (Finance, Economics, Statistics, Mathematics, Engineering).
7-10+ years in model validation, development, or quantitative analytics.
Strong knowledge of model risk, SR 11-07, SR 26-2, and regulatory expectations.
Proficiency in Python, SAS, R, or similar tools.
Strong analytical, communication, and stakeholder management skills.
About M&T Bank
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Buffalo, NY, US
Year founded
1856