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Manager Model Risk Management Jobs in Laurel, MD

Manager, Finance Risk Management Finance Risk Management (FRM), functioning as the business risk office for Capital One's Finance division, leads robust and proactive risk management programs. As a ...

Manager, Finance Risk Management Finance Risk Management (FRM), functioning as the business risk office for Capital One's Finance division, leads robust and proactive risk management programs. As a ...

Risk Management Lead

Arlington, VA · On-site

$69K - $158K/yr

As a Risk Management Lead at Booz Allen, you'll bring advanced analytical rigor and a strategic ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...

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Manager Model Risk Management information

See Laurel, MD salary details

$43.1K

$102.8K

$166.1K

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

As of Jun 14, 2026, the average yearly pay for manager model risk management in Laurel, MD is $102,819.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,900.00 and $130,900.00 per year, depending on experience, location, and employer.

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?

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.

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 Laurel, MD? The most popular types of Model Risk Management jobs in Laurel, MD are:
What are popular job titles related to Manager Model Risk Management jobs in Laurel, MD? For Manager Model Risk Management jobs in Laurel, MD, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Laurel, MD look for? The top searched job categories for Manager Model Risk Management jobs in Laurel, MD are:
What cities near Laurel, MD are hiring for Manager Model Risk Management jobs? Cities near Laurel, MD with the most Manager Model Risk Management job openings:
Infographic showing various Manager Model Risk Management job openings in Laurel, MD as of June 2026, with employment types broken down into 91% Full Time, 6% Part Time, 1% Temporary, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $102,819 per year, or $49.4 per hour.
Senior Principal Risk Analyst (Governance Risk Compliance)

Senior Principal Risk Analyst (Governance Risk Compliance)

Navy Federal Credit Union

Vienna, VA

Full-time

Posted 9 days ago


Navy Federal Credit Union rating

8.1

Company rating: 8.1 out of 10

Based on 263 frontline employees who took The Breakroom Quiz

58th of 138 rated financial services


Job description

As part of the Risk Technology Enablement and Innovation team, this role is responsible for advancing Governance, Risk, and Compliance (GRC) capabilities across Navy Federal. This position will partner with business leaders, risk function stakeholders, and technology teams to design, mature, and operationalize risk management programs including RCSA, Issue Management, 3rd Party Risk Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk while enabling these capabilities within our GRC platform.

The Senior Principal will operate at a strategic and enterprise level, influencing program direction, shaping technology architecture, and ensuring alignment between risk program objectives and platform capabilities.

Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

Our approach to careers is simple yet powerful: Make our mission your passion.

  • FORTUNE 100 Best Companies to Work For 2025
  • Yello and WayUp Top 100 Internship Programs
  • Computerworld Best Places to Work in IT
  • Newsweek Most Loved Workplaces
  • 2025 PEOPLE Companies That Care
  • Newsweek Most Trustworthy Companies in America
  • Military Times 2025 Best for Vets Employers
  • Best Companies for Latinos to Work for 2025
  • Forbes 2025 America's Best Large Employers
  • Forbes 2025 America's Best Employers for New Grads
  • Forbes 2025 America's Best Employers for Tech Workers
  • 2025 RippleMatch Campus Forward Award Winner for Overall Excellence 
  • Military.com Top Military Spouse Employers 2025 
  • 2025 Handshake Early Talent Award

From Fortune. 2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.

Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.

Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

  • 15+ years of experience in Governance, Risk and Compliance (GRC) and Risk Management methodologies 
  • Advanced, hands-on knowledge of ServiceNow GRC / IRM architecture and modules 
  • Proven experience leading enterprise-scale risk program transformations and deep expertise across multiple risk domains (e.g., Operational Risk, 3rd Party Risk, Data Risk, Model Risk, Financial Risk, Credit Risk)
  • Experience leading large, complex initiatives with enterprise impact and drive cross-functional alignment
  • Strong communication skills with the ability to translate technical concepts into business outcomes
  • Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
  • Relevant certifications (e.g., CRISC, CISA, CISSP) preferred

Additional Information

Hours: 

  • Monday - Friday, 8:00AM - 4:30PM

Locations: 

  • 820 Follin Ln. Vienna, Virginia 22180
  • 5550 Heritage Oaks Dr. Pensacola, FL 32526
  • Serve as a trusted advisor to risk function leaders across the three lines of defense on risk program maturity, governance, and optimization
  • Provide strategic recommendations to strengthen enterprise risk programs, align to industry best practices and drive consistency and integration across risk functions
  • Influence and contribute to the long-term strategy for GRC technology and risk program evolution
  • Partner with risk teams across the three lines of defense, building strong relationships with senior stakeholders to drive alignment, adoption, and consistency in risk processes and technology
  • Lead design and maturation of enterprise initiatives and risk programs including RCSA, Issue Management, 3rd Party Risk Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk
  • Act as a subject matter expert in ServiceNow GRC including architecture, data models, and integrations
  • Lead translation of business needs into platform capabilities, configurations, and solution designs ensuring scalable, sustainable, and enterprise-aligned solutions
  • Ensure quality through UAT oversight, change management processes, and post-implementation reviews
  • Advice on platform governance, roadmap prioritization, and enterprise-wide adoption strategies
  • Define success metrics (KRIs, KPIs) and reporting structures to enhance risk visibility and decision-making
  • Mentor and guide junior team members and serve as a lead resource across the function
  • Strong interpersonal, verbal, and written communication skills

What Navy Federal Credit Union employees say

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About Navy Federal Credit Union

Sourced by ZipRecruiter

Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Vienna, VA, US

Year founded

1933