ZipRecruiter

Log In

1

Manager Model Risk Management Jobs in Norwalk, CT

American Express

Manager-Risk Management

New York, NY · On-site

The incumbent will drive a robust limit management framework, determine initial limits, and oversee strategy performance; all while balancing enterprise risk appetite, regulatory guidelines, and ...

MasterCard

Director, Risk Management

Purchase, NY

... models. Culture & Leadership: -Promote a strong risk culture that balances innovation, growth, and control through influence, coaching, and thought leadership. -Empower integration of risk ...

AIG

Actuary - Risk Management

New York, NY · On-site

$120K - $150K/yr

Join us as a Actuary - Risk Management to take on key responsibilities within a world-class ... Build benchmark reserving models and design statistical tests to review and challenge reserving ...

Bethpage

Enterprise Risk Financial Analyst

Bethpage, NY · On-site

$31.93 - $38.32/hr

Core Contributions * Assist in developing, implementing, and maintaining the credit unions' risk framework, procedures and programs including but not limited to, Model Risk Management, Insurance ...

TriOptus LLC

Libor Model Project Manager

New York, NY · On-site

Regulatory interaction through roles in Market risk and/or Counterparty Credit Risk management or regulatory and reporting * Relevant working experience in modeling space and appreciation of basic ...

next page

Showing results 1-20

All JobsManager Model Risk Management JobsManager Model Risk Management Jobs in Norwalk, CT

Manager Model Risk Management information

See Norwalk, CT salary details

$43.7K

$104.1K

$168.1K

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 Norwalk, CT is $104,096.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,800.00 and $132,500.00 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?

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 Norwalk, CT? The most popular types of Model Risk Management jobs in Norwalk, CT are:
What are popular job titles related to Manager Model Risk Management jobs in Norwalk, CT? For Manager Model Risk Management jobs in Norwalk, CT, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Norwalk, CT look for? The top searched job categories for Manager Model Risk Management jobs in Norwalk, CT are:
Manager Model Risk Management jobs near you
Infographic showing various Manager Model Risk Management job openings in Norwalk, CT as of June 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Contract. Highlights an 91% In-person, 5% Hybrid, and 4% Remote job distribution, with an average salary of $104,096 per year, or $50 per hour.
Operational Risk Senior Advisor (Hybrid- See Job Description for Listed Locations)

Operational Risk Senior Advisor (Hybrid- See Job Description for Listed Locations)

M&T Bank

New York, NY • On-site

$150K - $251K/yr

Full-time

Posted 13 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 180 frontline employees who took The Breakroom Quiz

67th of 141 rated banks

Job description

*** Work Arrangement/Location: This is a hybrid position requiring in-office work four days a week and can be based at Buffalo, NY, Bridgeport, CT, Manhattan, NY, Boston, MA, Pittsburgh, PA, Baltimore, MD or Wilmington, DE.
Overview:
This position is responsible for delivery of independent, risk-based challenge and 2nd line risk management services in alignment with the Operational Risk Management Framework, applicable policies, regulatory expectations, and industry standards. The role reports to an Operational Risk Senior Manager and supports providing independent and objective insights to guide and influence business risk management in the enhancement and implementation of their risk management practices. The role will assess risks, threats and opportunities, including those arising from evolving technologies, customer-facing digital channels, data-driven decisioning, and emerging business models. The individual is knowledgeable both with respect to Operational Risk Management concepts, inclusive of industry best practices and the businesses they oversee, inclusive of experience with technology-enabled process risk, third-party dependencies, data and model risk intersections, resilience and change management risk. This role requires execution in a manner that supports collaboration and efficiency amongst risk partners, effective interaction with Technology and Product Owners, and meets the expectations of senior management, risk governance and audit and regulatory expectations. The position requires the ability to function with a level of independence in the oversight and/or execution of their role, as well as working effectively within the department. The area of oversight for this role is rapidly evolving and changing. The position requires flexibility and the ability to leverage risk concepts and tools into new areas that may not have well defined/documented processes.
Primary Responsibilities
  • Provides oversight and critical challenge of the identification, assessment, monitoring, mitigation and reporting of all significant risks throughout the business/function.
  • Challenge unmitigated risks in accordance with risk framework and assess adequacy and timeliness of remediation. Escalate identified gaps appropriately
  • Prepare, review, and present clear, well-supported risk opinions, reports, and presentations for senior leadership addressing the state of the operational risk environment, emerging risks, and key themes.
  • Support ORM's Framework with First Line Risk. Monitor execution for alignment with ORM policies and guidance, as well as supervisory expectations.
  • Collaborate with first line risk teams, technology risk, compliance, model risk, and other second line partners to drive consistency, transparency, and value-added risk management outcomes
  • Assess issues, control failures, or policy breaches to determine whether root cause has been adequately identified by first line and remediation plans are effective and sustainable.
  • Interact with external peers and members of professional organizations to remain aware of changing or emerging risks and proactively bring key information to team for inclusion/consideration in continuous monitoring and/or other oversight activities.

Supervisory/Managerial Responsibilities
No direct management but may provide guidance to others
Education and Experience Required
Bachelor's degree and eight years' experience in risk, compliance, legal, audit, or other relevant function,
OR in lieu of degree,
A combined minimum of twelve years' higher education and/or work experience including eight years' experience in risk, compliance, legal, audit, or other relevant function.
Proficient computer skills (including Excel, PowerPoint, and Power BI).
Analytical skills with strong written and verbal communications with all levels of management.
Working knowledge of relevant regulations and industry standards for Operational Risk Management.
Preferred Skills & Experience
  • Eight years of progressive-growth experience within Operational Risk Management, Technology Risk Management, and/or Enterprise Risk Management.
  • Hands-on experience in Operational Risk Tools, Metrics, and Monitoring Reports development and /or enhancement projects.
  • Second line Operational Risk experience with a Cat 3 or larger financial institution.
  • Project planning experience or Project Management certification.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $150,800.00 - $251,300.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
New York, New York, United States of America

What M&T Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply