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Manager Model Risk Management Jobs in Virginia Beach, VA

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Manager Model Risk Management information

See Virginia Beach, VA salary details

$41.3K

$98.4K

$159K

How much do manager model risk management jobs pay per year?

As of Jun 27, 2026, the average yearly pay for manager model risk management in Virginia Beach, VA is $98,418.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,800.00 and $125,300.00 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 job categories do people searching Manager Model Risk Management jobs in Virginia Beach, VA look for? The top searched job categories for Manager Model Risk Management jobs in Virginia Beach, VA are:
What cities near Virginia Beach, VA are hiring for Manager Model Risk Management jobs? Cities near Virginia Beach, VA with the most Manager Model Risk Management job openings:
Manager Model Risk Management jobs near you
Risk Management Specialist

Risk Management Specialist

Chesapeake Regional Healthcare

Chesapeake, VA • On-site

Full-time

Posted 2 days ago

Chesapeake Regional Healthcare rating

6.9

Company rating: 6.9 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

Job description

Summary
The Risk Management Specialist plays a pivotal role in enhancing patient safety and improving the quality of care within the organization while reducing organizational risk. This individual is responsible for identifying, assessing, and mitigating risks, ensuring compliance with regulatory standards, and promoting a culture of safety throughout the organization.
Essential Duties and Responsibilities
These duties and responsibilities described below represent the general tasks performed on a daily basis; other tasks may be assigned.
  • Investigate and assist with patient grievances, potential serious adverse events, reported professional liability incidents and general liability incidents as needed.
  • Oversight of SafetyHub-Patient Safety module, event reporting system for tracking and trending potential areas of organizational risks and patient safety concerns.
  • Work with area leaders, quality/patient safety and others on investigations of serious adverse events and/or significant near misses with providing guidance on apparent cause/root cause analysis ensuring use of appropriate corrective actions.
  • Review medical records for care and treatment concerns that may pose liability issues with investigations.
  • Assist with Risk Assessments, and risk-management education on medical/legal topics as directed.
  • Attend required hospital-wide orientations, meetings, and in-services.
  • Demonstrate a commitment to flexible work scheduling when necessary to ensure patient care.
  • Identify and evaluate risks as a means to reduce injury to patients, staff members, and visitors within the organization.
  • Work proactively and reactively to either prevent incident or to minimize the damages following an event as identified.
  • Maintain and utilize the event reporting system to track and trend potential areas of risk and to identify patient safety concerns.

Supervisory Responsibilities
  • Reports to: Director of Risk Management
  • Supervises: n/a
  • Responsibilities: n/a

Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience
Minimum Required Education:
Bachelor's Degree of science, healthcare related, finance, business, economics.
Experience:
Three (3) years experience in healthcare, risk/liability management, finance, insurance, or healthcare.
Certificates, Licenses, Registrations
Certified Professional in Healthcare Management within two (2) years of hire.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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