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Manager Model Risk Management Jobs in Montclair, 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 Montclair, NJ salary details

$44.3K

$105.7K

$170.7K

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 Montclair, NJ is $105,677.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,900.00 and $134,500.00 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 Montclair, NJ? The most popular types of Model Risk Management jobs in Montclair, NJ are:
What job categories do people searching Manager Model Risk Management jobs in Montclair, NJ look for? The top searched job categories for Manager Model Risk Management jobs in Montclair, NJ are:
What cities near Montclair, NJ are hiring for Manager Model Risk Management jobs? Cities near Montclair, 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 Montclair, NJ as of May 2026, with employment types broken down into 1% As Needed, 94% Full Time, 3% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $105,677 per year, or $50.8 per hour.
Model Risk Management, AI Risk, NY, Vice President

Model Risk Management, AI Risk, NY, Vice President

Goldman Sachs, Inc.

New York, NY • On-site

Full-time, Part-time

Posted 23 days ago

Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

29th of 141 rated banks

Job description

Job Description
DEPARTMENT OVERVIEW
The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Birmingham, Warsaw, Hong Kong, Bangalore, and Hyderabad. The MRM group is responsible for independent oversight of Model Risk at the firm, ensuring compliance with Model Control Policy and related requirements, including documentation to evidence effective challenge over the Model development, implementation and usage of Models.
The group's primary mandate is to manage risk that arises from models used in the firm through its range of businesses- from models used for derivatives valuation to models used for risk management, liquidity and capital computations. In addition to independently reviewing these classes of models for their validity, theoretical consistency and implementation accuracy, the group is also responsible to assess the risk associated with model choice, e.g., exposure to choice of model in various contexts such as pricing exotic options or in calculating capital. As AI adoption increases across the firm, the MRM group plays a critical role in ensuring that innovative AI capabilities are deployed safely.
JOB RESPONSIBILITIES
  • Play a central role in shaping firmwide AI risk management oversight and governance through:
    • Management of the AI oversight committee including agenda-setting, materials, and executive-level decision support
    • Managing the AI risk assessment and approval activities across control functions, working closely with the business and engineers to guide them through the approval process
    • Owning the firmwide view of AI usage, enabling senior leadership to understand risk posture, trends, and emerging concentrations including through management of the firmwide AI inventory, and tracking and reporting on committee activities, approvals, and follow-ups
  • Design, maintain, and evolve the firmwide AI governance framework, liaising with other business units such as Legal, Compliance, and Engineering to translate regulatory expectations and emerging industry standards into practical, scalable controls
  • Liaise with technology teams to design scalable infrastructure for AI inventory management and AI risk assessment and approval workflows
  • Manage and coordinate engagement with regulators, helping shape external understanding of the firm's risk management approach

QUALIFICATIONS
  • 5 plus years of experience, preferably in Financial Services and with working knowledge of AI
  • Excellent project management and communication skills, with ability to work and communicate effectively with a wide variety of technical and non-technical stakeholders across various seniority levels
  • Excellent analytical, quantitative, interpersonal and organizational skills. Team oriented and able to pick up technical concepts quickly
  • Comfort operating in areas of evolving regulation and limited precedent, with the ability to exercise sound judgment
  • Programming skills preferred (e.g., Python)

ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, United States-based position is $130000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869

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