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 ...
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 ...
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
Risk Management - Program Management - Senior Associate
Manhattan, NY · On-site
$92K - $134K/yr
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
Risk Management - Program Management - Senior Associate
Manhattan, NY · On-site
$92K - $134K/yr
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
Associate Director - Model Risk
Jersey City, NJ · On-site
$120K - $200K/yr
The US Enterprise Model Risk Management (EMRM) under RBC's Group Risk Management (GRM) mainly performs the second line of defense role for RBC's Combined US Operation (CUSO) model risk at the ...
Associate Director - Model Risk
Jersey City, NJ · On-site
$120K - $200K/yr
The US Enterprise Model Risk Management (EMRM) under RBC's Group Risk Management (GRM) mainly performs the second line of defense role for RBC's Combined US Operation (CUSO) model risk at the ...
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
Senior Data Scientist, AI & Model Risk
New York, NY · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
Senior Data Scientist, AI & Model Risk
New York, NY · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
Risk Management - Quant Modeling Director - Executive Director
Jersey City, NJ · On-site
$204K - $285K/yr
You'll maintain model risk controls, escalate and resolve issues promptly, and keep current with advanced artificial intelligence and machine learning techniques, risk management practices, and ...
Risk Management - Quant Modeling Director - Executive Director
Jersey City, NJ · On-site
$204K - $285K/yr
You'll maintain model risk controls, escalate and resolve issues promptly, and keep current with advanced artificial intelligence and machine learning techniques, risk management practices, and ...
You'll maintain model risk controls, escalate and resolve issues promptly, and keep current with advanced artificial intelligence and machine learning techniques, risk management practices, and ...
You'll maintain model risk controls, escalate and resolve issues promptly, and keep current with advanced artificial intelligence and machine learning techniques, risk management practices, and ...
You'll maintain model risk controls, escalate and resolve issues promptly, and keep current with advanced artificial intelligence and machine learning techniques, risk management practices, and ...
You'll maintain model risk controls, escalate and resolve issues promptly, and keep current with advanced artificial intelligence and machine learning techniques, risk management practices, and ...
Manager, Enterprise Risk
New York, NY · On-site
Model Risk Management * Serve as a key stakeholder and subject matter expert in the firm's model risk governance program * Partner with Quantitative Research, Data Science, and Finance teams to ...
Manager, Enterprise Risk
New York, NY · On-site
Model Risk Management * Serve as a key stakeholder and subject matter expert in the firm's model risk governance program * Partner with Quantitative Research, Data Science, and Finance teams to ...
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 ...
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 ...
Manager, Enterprise Risk
New York, NY · On-site
Model Risk Management * Serve as a key stakeholder and subject matter expert in the firm's model risk governance program * Partner with Quantitative Research, Data Science, and Finance teams to ...
Manager, Enterprise Risk
New York, NY · On-site
Model Risk Management * Serve as a key stakeholder and subject matter expert in the firm's model risk governance program * Partner with Quantitative Research, Data Science, and Finance teams to ...
Credit Risk Model Owner
Manhattan, NY · On-site
$85K - $131K/yr
Enhance model management, governance processes and model documentation standards to improve ... Strong knowledge of Model Risk Management framework, regulation and industry practice (Experience ...
Credit Risk Model Owner
Manhattan, NY · On-site
$85K - $131K/yr
Enhance model management, governance processes and model documentation standards to improve ... Strong knowledge of Model Risk Management framework, regulation and industry practice (Experience ...
Credit Risk Model Owner
Manhattan, NY · Hybrid
$85K - $131K/yr
This role is expected to conduct regular model monitoring procedure, finding management, and model governance, communicate with key model stakeholders including Tokyo Head Office, develop credit risk ...
Credit Risk Model Owner
Manhattan, NY · Hybrid
$85K - $131K/yr
This role is expected to conduct regular model monitoring procedure, finding management, and model governance, communicate with key model stakeholders including Tokyo Head Office, develop credit risk ...
Manager, Data Scientist - Card Intelligence Model Risk Management Data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every ...
Manager, Data Scientist - Card Intelligence Model Risk Management Data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Manager Model Risk Management information
See Montclair, NJ salary details
$44.3K - $55.8K
8% of jobs
$55.8K - $67.3K
14% of jobs
$72.6K is the 25th percentile. Wages below this are outliers.
$67.3K - $78.8K
6% of jobs
$78.8K - $90.3K
8% of jobs
$90.3K - $101.8K
11% of jobs
The median wage is $104.2K / yr.
$101.8K - $113.3K
13% of jobs
$113.3K - $124.7K
11% of jobs
$128.2K is the 75th percentile. Wages above this are outliers.
$124.7K - $136.2K
15% of jobs
$136.2K - $147.7K
8% of jobs
$147.7K - $159.2K
4% of jobs
$159.2K - $170.7K
2% of jobs
$44.3K
$105.7K
$170.7K
How much do manager model risk management jobs pay per year?
As of Jun 22, 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 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?
| 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.
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 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:
Full-time, Part-time
Posted 16 days ago
Goldman Sachs rating
8.3
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
QUALIFICATIONS
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.
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