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 ยท 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 ยท 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 ยท 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 ยท 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 ยท 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 ยท 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 ...
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 ...
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 ...
Coordinate Model Risk governance forums, panels, and leadership meetings ... Manage scheduling, agendas, meeting materials, minutes, and action tracking. * Support preparation ...
New
Coordinate Model Risk governance forums, panels, and leadership meetings ... Manage scheduling, agendas, meeting materials, minutes, and action tracking. * Support preparation ...
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
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 ยท 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 ยท 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 ...
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 ยท 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 ยท 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 ...
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 ...
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 ...
... models (LLMs), open-source technologies, Microsoft Copilot, OpenAI, Anthropic, and Amazon Q, as ... Executes compliance risk management activities in accordance with enterprise compliance standards.
... models (LLMs), open-source technologies, Microsoft Copilot, OpenAI, Anthropic, and Amazon Q, as ... Executes compliance risk management activities in accordance with enterprise compliance standards.
Manager, Data Scientist - Model Risk Audit Data is at the center of everything we do. As a startup ... Eligibility varies based on full or part-time status, exempt or non-exempt status, and management ...
Manager, Data Scientist - Model Risk Audit Data is at the center of everything we do. As a startup ... Eligibility varies based on full or part-time status, exempt or non-exempt status, and management ...
Works with model risk management to validate the results and stability of models before being pushed to production at scale. This role is remote eligible in the continental U.S. with occasional ...
Works with model risk management to validate the results and stability of models before being pushed to production at scale. This role is remote eligible in the continental U.S. with occasional ...
AVP - Group Employee Benefits Risk Management
Charlotte, NC ยท On-site +1
$230K - $268K/yr
Oversee the implementation of underwriting and pricing methodologies, support assumption oversight and model risk governance activities within the Division * Supervise operational risk management ...
New
AVP - Group Employee Benefits Risk Management
Charlotte, NC ยท On-site +1
$230K - $268K/yr
Oversee the implementation of underwriting and pricing methodologies, support assumption oversight and model risk governance activities within the Division * Supervise operational risk management ...
New
AVP - Group Employee Benefits Risk Management
Charlotte, NC ยท On-site +1
$230K - $268K/yr
Oversee the implementation of underwriting and pricing methodologies, support assumption oversight and model risk governance activities within the Division * Supervise operational risk management ...
New
AVP - Group Employee Benefits Risk Management
Charlotte, NC ยท On-site +1
$230K - $268K/yr
Oversee the implementation of underwriting and pricing methodologies, support assumption oversight and model risk governance activities within the Division * Supervise operational risk management ...
New
Experience operating within Model Risk Management (MRM), model governance, or similar risk management frameworks. * Knowledge of transaction risk, fraud risk, customer decisioning, portfolio ...
Experience operating within Model Risk Management (MRM), model governance, or similar risk management frameworks. * Knowledge of transaction risk, fraud risk, customer decisioning, portfolio ...
Quantitative Modeler Manager - AML
Charlotte, NC ยท On-site
$53.50 - $69.25/hr
Professional communication skills are crucial as this individual (and their work product) will represent the FIU team to EFCC senior leadership, Model Risk Management, internal audit and quality ...
Quantitative Modeler Manager - AML
Charlotte, NC ยท On-site
$53.50 - $69.25/hr
Professional communication skills are crucial as this individual (and their work product) will represent the FIU team to EFCC senior leadership, Model Risk Management, internal audit and quality ...
Quantitative Modeler Manager - AML
Charlotte, NC ยท On-site
$53.50 - $69.25/hr
Professional communication skills are crucial as this individual (and their work product) will represent the FIU team to EFCC senior leadership, Model Risk Management, internal audit and quality ...
Quantitative Modeler Manager - AML
Charlotte, NC ยท On-site
$53.50 - $69.25/hr
Professional communication skills are crucial as this individual (and their work product) will represent the FIU team to EFCC senior leadership, Model Risk Management, internal audit and quality ...
Manager Model Risk Management information
See Lincolnton, NC salary details
$39.8K - $50.1K
8% of jobs
$50.1K - $60.5K
14% of jobs
$65.2K is the 25th percentile. Wages below this are outliers.
$60.5K - $70.8K
6% of jobs
$70.8K - $81.1K
8% of jobs
$81.1K - $91.4K
11% of jobs
The median wage is $93.6K / yr.
$91.4K - $101.7K
13% of jobs
$101.7K - $112.1K
11% of jobs
$115.2K is the 75th percentile. Wages above this are outliers.
$112.1K - $122.4K
15% of jobs
$122.4K - $132.7K
8% of jobs
$132.7K - $143K
4% of jobs
$143K - $153.3K
2% of jobs
$39.8K
$94.9K
$153.3K
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
Re-posted 4 days ago
Job description
Overview
The Head of Validation, Model Risk is a senior leadership role responsible for setting enterprise direction for model validation-delivering independent, risk-based oversight across a diverse portfolio of models spanning investment and risk management, fraud and compliance, finance and HR, and rapidly evolving Gen AI and agentic use cases. This role serves as the senior authority for model validation, setting the bar for defensible methodologies, rigorous challenge, and clear, decision-ready risk communication to senior leaders. The Head of Validation will strengthen model risk culture and lifecycle discipline across the enterprise-driving timely issue remediation, elevating validation quality and consistency, and ensuring Vanguard's practices remain aligned with regulatory and audit expectations.
Responsibilities
Leadership & Team Management
- Leads a highperforming, multidisciplinary model validation team responsible for validating a diverse portfolio of models including investment and risk management, fraud and compliance, finance and HR, as well as Gen AI and Agentic use cases
- Develop and mentor talent to promote strong technical capabilities and a high-quality validation process
Validation Oversight & Approval
- Serve as the final approval authority for validation reports on higher-risk models
- Ensure validation conclusions are robust, wellsupported, and communicated clearly to stakeholders with varying levels of technical expertise
Model Risk Governance & Lifecycle Management
- Oversee adherence to enterprise model lifecycle requirements-including model inventory accuracy, change management, ongoing monitoring, and issue remediation.
- Drive timely resolution of modelrelated issues and noncompliance, escalating when necessary
- Strengthen modelrisk culture across the enterprise through targeted training, outreach, and proactive engagement with model owners and developers
Methodology & Practice Leadership
- Define, maintain, and continually enhance the methodologies and test approaches used in model validation
- Ensure comprehensive assessment of conceptual soundness, performance, data quality, implementation accuracy, and other model risk considerations
- Lead the evolution of validation techniques for emerging modeling approaches, including LLMenabled and agentic systems
Standards, Policies & Quality Assurance
- Own the enterprise's model development and model validation standards, guidelines, procedures, and templates.
- Establish and oversee quality assurance mechanisms-including peer review, thematic reviews, and consistency checks-to ensure embedment of high-quality validation practices.
Executive Reporting & Model Risk Insights
- Deliver clear, actionable reporting on key model risks, model uncertainty, issue remediation, and emerging trends to senior committees and executives.
- Support the development and enhancement of divisional and enterprise modelquality scorecards and contribute to the riskappetite process
Senior Stakeholder, Regulatory & Audit Engagement
- Serve as a primary point of contact for regulators, internal audit, and senior leaders on model validation related matters
- Articulate validation rationales, modeling assumptions, and risk implications clearly and confidently to supervisory authorities and executive stakeholders.
Qualifications
- Advanced degree in technical field (e.g. Master's or doctoral degree in quantitative discipline such as Mathematics, Statistics, or Economics).
- 10+ years of experience across model development, model validation, and model risk management, including a minimum of five years leading multilayered model validation teams.
- Extensive experience with a broad range of model types, including machine learning/LLMbased models.
- Deep knowledge of modelrisk management principles and regulatory frameworks (e.g., SR26-2, SS1/23) and demonstrated experience engaging with regulators and internal audit.
- Strong technical proficiency with programming languages and analytical tools such as Python, R, or C++, and familiarity with emerging technologies, AI governance, and modern model development practices.
- Proven ability to translate complex technical concepts into clear, actionable insights for senior executives.
- Exceptional written and verbal communication skills, including experience presenting to senior committees, executives, and regulatory bodies.
- Demonstrated ability to partner with stakeholders to balance effective challenge, practical solutions, and business objectives.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
About Vangard
Sourced by ZipRecruiter
Company size
11 - 50 Employees
Headquarters location
Tacoma, WA, US
Year founded
2001