Leads end-to-end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain ...
Leads end-to-end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain ...
Leads end-to-end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain ...
Leads end-to-end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain ...
Fraud Program Manager
Miami, FL · On-site
Oversee fraud models under the Financial Crimes Prevention (FCP) Model Governance framework, including change control management. * Collaborate with model risk stakeholders on fraud model validations ...
Fraud Program Manager
Miami, FL · On-site
Oversee fraud models under the Financial Crimes Prevention (FCP) Model Governance framework, including change control management. * Collaborate with model risk stakeholders on fraud model validations ...
Oversee fraud models under the Financial Crimes Prevention (FCP) Model Governance framework, including change control management. * Collaborate with model risk stakeholders on fraud model validations ...
Oversee fraud models under the Financial Crimes Prevention (FCP) Model Governance framework, including change control management. * Collaborate with model risk stakeholders on fraud model validations ...
The Sr. Manager, Risk Management implements and supervises the activities of risk management programs. Additionally, this employee monitors and coordinates risk control, reduction, and prevention ...
The Sr. Manager, Risk Management implements and supervises the activities of risk management programs. Additionally, this employee monitors and coordinates risk control, reduction, and prevention ...
The Sr. Manager, Risk Management implements and supervises the activities of risk management programs. Additionally, this employee monitors and coordinates risk control, reduction, and prevention ...
The Sr. Manager, Risk Management implements and supervises the activities of risk management programs. Additionally, this employee monitors and coordinates risk control, reduction, and prevention ...
Sr. Manager, Risk Management
Miami, FL · On-site
The Sr. Manager, Risk Management implements and supervises the activities of risk management programs. Additionally, this employee monitors and coordinates risk control, reduction, and prevention ...
Sr. Manager, Risk Management
Miami, FL · On-site
The Sr. Manager, Risk Management implements and supervises the activities of risk management programs. Additionally, this employee monitors and coordinates risk control, reduction, and prevention ...
Senior Risk Management Specialist
Miami, FL · On-site
$94.20K/yr
Experience working as Risk Management Specialist (5+ years). * Experience with GRC tools such as ... models and identify gaps or areas for improvement. * Serve as a liaison between the IT Security, ...
Senior Risk Management Specialist
Miami, FL · On-site
$94.20K/yr
Experience working as Risk Management Specialist (5+ years). * Experience with GRC tools such as ... models and identify gaps or areas for improvement. * Serve as a liaison between the IT Security, ...
Risk Management Consultant
Miami, FL · Remote
Our mission is to deliver highly personalized risk and claims management through a blend of expert independent agents, cutting-edge digital tools, and the strength of the W.R. Berkley brand. Why Join ...
Risk Management Consultant
Miami, FL · Remote
Our mission is to deliver highly personalized risk and claims management through a blend of expert independent agents, cutting-edge digital tools, and the strength of the W.R. Berkley brand. Why Join ...
Manager, Healthcare Risk Management
Miami, FL · On-site
The department of Risk Management has an exciting opportunity for a full-time Manager, Risk Management to work onsite at the UHealth campus. CORE JOB FUNCTIONS * Investigates and analyzes the ...
Manager, Healthcare Risk Management
Miami, FL · On-site
The department of Risk Management has an exciting opportunity for a full-time Manager, Risk Management to work onsite at the UHealth campus. CORE JOB FUNCTIONS * Investigates and analyzes the ...
Manager, Healthcare Risk Management
Miami, FL · On-site
The department of Risk Management has an exciting opportunity for a full-time Manager, Risk Management to work onsite at the UHealth campus. CORE JOB FUNCTIONS * Investigates and analyzes the ...
Manager, Healthcare Risk Management
Miami, FL · On-site
The department of Risk Management has an exciting opportunity for a full-time Manager, Risk Management to work onsite at the UHealth campus. CORE JOB FUNCTIONS * Investigates and analyzes the ...
AVP, IT & AI Governance
$150.10K - $187.80K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
$150.10K - $187.80K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
Assess documentation and control coverage for models, vendors, tools, and applications used by the LOB by collaborating with Model Risk Management (MRM), Third Party Risk Management (TPRM), and ...
Assess documentation and control coverage for models, vendors, tools, and applications used by the LOB by collaborating with Model Risk Management (MRM), Third Party Risk Management (TPRM), and ...
Assess documentation and control coverage for models, vendors, tools, and applications used by the LOB by collaborating with Model Risk Management (MRM), Third Party Risk Management (TPRM), and ...
Assess documentation and control coverage for models, vendors, tools, and applications used by the LOB by collaborating with Model Risk Management (MRM), Third Party Risk Management (TPRM), and ...
AVP, IT & AI Governance
$150.20K - $187.90K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
$150.20K - $187.90K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
Coral Gables, FL · On-site
$150.20K - $187.90K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
Coral Gables, FL · On-site
$150.20K - $187.90K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
Must demonstrate a thorough knowledge of Risk Management priorities and take initiative to assist in supporting these priorities. Must maintain basic knowledge of trends, data, laws, policies and ...
Must demonstrate a thorough knowledge of Risk Management priorities and take initiative to assist in supporting these priorities. Must maintain basic knowledge of trends, data, laws, policies and ...
Risk Manager
FL · On-site
Risk Management and Insurance: * Front-facing management of Watsco risk management framework and insurance programs. * Lead Watsco's insurance renewal processes, including but not limited to the ...
Risk Manager
FL · On-site
Risk Management and Insurance: * Front-facing management of Watsco risk management framework and insurance programs. * Lead Watsco's insurance renewal processes, including but not limited to the ...
Risk Management Coordinator, Risk Management, FT, 8A-4:30P
Coral Gables, FL · On-site
$22.53 - $28.61/hr
Must demonstrate a thorough knowledge of Risk Management priorities and take initiative to assist in supporting these priorities. Must maintain basic knowledge of trends, data, laws, policies and ...
Risk Management Coordinator, Risk Management, FT, 8A-4:30P
Coral Gables, FL · On-site
$22.53 - $28.61/hr
Must demonstrate a thorough knowledge of Risk Management priorities and take initiative to assist in supporting these priorities. Must maintain basic knowledge of trends, data, laws, policies and ...
Director - Investment Risk Management
Fort Lauderdale, FL · Hybrid
$175K - $220K/yr
You will own the Liquidity Risk Management Program under SEC Rule 22e-4. * You will oversee liquidity risk globally across registered investment funds and institutional accounts * You will provide ...
Director - Investment Risk Management
Fort Lauderdale, FL · Hybrid
$175K - $220K/yr
You will own the Liquidity Risk Management Program under SEC Rule 22e-4. * You will oversee liquidity risk globally across registered investment funds and institutional accounts * You will provide ...
Manager Model Risk Management information
See Miami, FL salary details
$41.6K - $52.4K
8% of jobs
$52.4K - $63.2K
14% of jobs
$68.1K is the 25th percentile. Wages below this are outliers.
$63.2K - $74K
6% of jobs
$74K - $84.7K
8% of jobs
$84.7K - $95.5K
11% of jobs
The median wage is $97.8K / yr.
$95.5K - $106.3K
13% of jobs
$106.3K - $117.1K
11% of jobs
$120.4K is the 75th percentile. Wages above this are outliers.
$117.1K - $127.9K
15% of jobs
$127.9K - $138.6K
8% of jobs
$138.6K - $149.4K
4% of jobs
$149.4K - $160.2K
2% of jobs
$41.6K
$99.2K
$160.2K
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.
Job description
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.
- SME for Moody's credit risk models CMM, RiskCalc, and MPA, coordinating model releases, inputs, overlays, change logs and stewarding data quality and lineage for production use.
- Leads end-to-end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain current model inventory and governance.
- Maintains and updates comprehensive model documentation (purpose, data lineage, key assumptions, segmentation, limitations, monitoring thresholds) to meet regulatory/audit expectations
- Designs and executes ongoing performance monitoring and back testing, produce concise insights, and recommend remediation/challengers if warranted
- Advance/benchmark model usage by leveraging internal and external data to improve accuracy and business utility for CECL, attribution, and risk decomposition
- Supports the quarterly CECL production cycle in partnership with the ACL manager
- Builds recurring and ad-hoc dashboards and reports (Tableau, Excel, PowerPoint, Word) for senior and technical audiences.
- Partners with Data/Technology on data quality and controls, metadata/lineage, and fit-for-purpose datasets supporting validation and CECL activities.
- Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
- Adheres to Bank policies and procedures and completes required training.
- Identifies and reports suspicious activity.
- Supervises function, projects or services and/or one or more employees, as applicable.
- Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
- Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance coaching; rewarding and disciplining employees; addressing complaints and resolving problems.
Bachelor's Degree in a quantitative discipline (eg Statistics, Finance, Mathematics, Engineering, Economics) required. Advanced degree in a quantitative discipline (PhD or MSc in a STEM discipline or Economics/Finance) preferred.
EXPERIENCE
- 5+ years' experience in financial services with significant exposure to credit risk analytics/modeling required
- Deep understanding of credit risk concepts (PD, LGD,and EAD) and credit risk models (PD/LGD, Scorecards, among others) required
- Demonstrated direct experience of model ownership/monitoring, model development, and/or model validation, including concepts such as backtesting, sensitivity testing, and benchmarking required
- Experience with statistical and quantitative modeling techniques is required required
- Experience with programming and statistical packages languages, particularly Python, required required
- Strong experience building dashboards and structured reporting packages required
- CFA, PRM, FRM a plus.
- Excellent communication skills with the ability to analyze and explain findings and remediations.
- Working knowledge with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017)
- Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to an ever-changing work pace with a focus on accuracy and attention to detail.
- Strong interpersonal skills to aid in working with different divisions within the company
- Candidates residing in locations within BankUnited's footprint may be given preference.
About BankUnited
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
1,001 - 5,000 Employees
Headquarters location
Miami Lakes, FL, US
Year founded
2009