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Model Risk Governance Manager Jobs in Washington, DC

Sallie_mae

Manager, Credit Risk

Sterling, VA · On-site

The Manager will partner closely with First Line business teams while maintaining independence ... and supporting models/tools, with an emphasis on governance, performance outcomes, and risk ...

AST SpaceMobile

Data Governance Senior

Lanham, MD

Establish data governance models, principles, and operating processes for satellitenetwork datasets ... Compliance, Risk Management & CrossFunctional Alignment * Ensure data compliance with regulatory ...

Pwc

AI Governance Manager

Washington, DC

$99K - $297K/yr

... model testing and validation, risk management, controls testing, or audit related to AI, analytics, or information systems, governance or compliance roles focused on AI, emerging technology, or ...

AST SpaceMobile

Data Governance Senior

Lanham, MD

Establish data governance models, principles, and operating processes for satellite‑network ... Compliance, Risk Management & Cross‑Functional Alignment * Ensure data compliance with regulatory ...

AST SpaceMobile

Data Governance Senior

Lanham, MD · On-site

Establish data governance models, principles, and operating processes for satellite-network ... Compliance, Risk Management & Cross-Functional Alignment * Ensure data compliance with regulatory ...

SECU Credit Union

BSA Governance Manager

Linthicum, MD · On-site

$88.50K - $141.70K/yr

The BSA Governance Manager adheres to regulations and organizational policies, maintaining ... Responsible for ongoing updates to the BSA Risk Assessment and Control Effectiveness testing ...

SECU

BSA Governance Manager

Linthicum Heights, MD

The BSA Governance Manager adheres to regulations and organizational policies, maintaining ... BSA Risk Assessment and Control Effectiveness testing/documentation. • Oversees the ongoing ...

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Model Risk Governance Manager information

See Washington, DC salary details

$49.3K

$117.5K

$189.7K

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

As of May 29, 2026, the average yearly pay for model risk governance manager in Washington, DC is $117,455.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,100.00 and $149,500.00 per year, depending on experience, location, and employer.

What is the difference between Model Risk Governance Manager vs Model Risk Analyst?

AspectModel Risk Governance ManagerModel Risk Analyst
Primary FocusOversees model risk policies, governance frameworks, and compliancePerforms detailed model validation, testing, and analysis
ResponsibilitiesDevelops risk management strategies, monitors model risk, ensures regulatory adherenceConducts model performance assessments, documentation, and validation activities
Required CredentialsAdvanced degrees in finance, statistics, or related fields; certifications like FRM or CFA often preferredSimilar credentials; often holds certifications like FRM or CFA
Work EnvironmentStrategic, governance-focused teams within financial institutionsAnalytical teams performing technical validation tasks

The Model Risk Governance Manager focuses on overseeing model risk frameworks and ensuring compliance, while the Model Risk Analyst conducts detailed model validation and testing. Both roles require similar credentials and work within the financial industry, but their responsibilities differ in scope and focus.

What are the most commonly searched types of Model Risk Governance jobs in Washington, DC? The most popular types of Model Risk Governance jobs in Washington, DC are:
What are popular job titles related to Model Risk Governance Manager jobs in Washington, DC? For Model Risk Governance Manager jobs in Washington, DC, the most frequently searched job titles are:
What job categories do people searching Model Risk Governance Manager jobs in Washington, DC look for? The top searched job categories for Model Risk Governance Manager jobs in Washington, DC are:
Model Risk Governance Manager jobs near you
Infographic showing various Model Risk Governance Manager job openings in Washington, DC as of May 2026, with employment types broken down into 98% Full Time, 1% Part Time, and 1% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $117,455 per year, or $56.5 per hour.

Operational Risk Manager (AVP)

Amalgamated Bank of NY

Washington, DC • On-site

$90K - $110K/yr

Full-time

Posted 25 days ago

Job description

This role will reside within the Firm’s Enterprise Risk Management Department. As an Assistant Vice President (AVP) in the second line of defense, you will support independent oversight and effective challenge across the Enterprise’s operational and model risk profiles. The role partners closely with the 1st Line of Defense to support risk identification, control design, and remediation execution, while helping to promote alignment to the Bank’s risk appetite, policies, and regulatory expectations. Key responsibilities include:

Essential Job Functions:

1. Operational Risk Management (2nd Line Oversight):

a. Support the ongoing enhancement and governance of the operational risk framework, including policies, standards, procedures, and methodologies to identify, assess, monitor, and manage operational risk exposures.

b. Facilitate and support effective challenge to risk and control self-assessments (RCSAs) conducted by the 1st LoD and other stakeholders, helping to ensure assessments are timely, risk-based, consistently executed, and appropriately documented.

c. Support risk awareness through training, guidance, and coaching for 1st LoD stakeholders across Functions, promoting adherence to policy requirements and consistent application of risk standards and best practices.

d. Partner with business and control functions to support the development, execution, and sustainability of risk mitigation plans and control enhancements; monitor progress and raise concerns when remediation is not effective or timely.

e. Assist with analyzing operational risk trends, events, and emerging issues; contribute to management reporting and recommendations to help strengthen the control environment.

f. Support monitoring of applicable regulatory requirements and industry standards related to operational risk management, and assist with regulatory exams and information requests.

g. Contribute to activities supporting the Bank’s operational risk appetite, tolerances, and limits; help assess business activities against those parameters and provide input on risk treatment options.

h. Support scenario analysis and related analytics used to evaluate tail risk (adverse and severely adverse), and help communicate key assumptions, limitations, and outcomes to stakeholders.

  1. Risk Governance and Reporting:

a. Support risk governance processes, including policy adherence, issue management, and committee routines; provide guidance to stakeholders on governance expectations and control standards.

b. Prepare and update risk reporting and governance materials for senior management and other stakeholders, translating risk information into clear themes, drivers, and proposed actions.

c. Coordinate with Internal Audit, Compliance, Legal, and other stakeholders to support examinations and audits, respond to findings, and help track risk issues through remediation and closure.

  1. Risk Measurement and Reporting:

a. Support the maintenance of key risk indicators (KRIs), metrics, and thresholds to monitor risk profile changes; help validate data quality and support alignment to risk appetite.

b. Assist with periodic risk reporting for senior management and other stakeholders, highlighting key risks, control gaps, remediation status, and thematic insights.

Knowledge, Skills and Experience Requirements:

Required

  1. Bachelor’s degree or equivalent experience.
  2. 5+ years of experience in Operational risk/Enterprise Risk Management in financial services industry.
  1. Excellent communication skills, both verbal and written, and an ability to present ideas concisely and persuasively communications skills.
  2. Demonstrated ability to think strategically and align risk management initiatives with organization’s goals and objectives.
  3. Ability to influence the thinking of, or gain acceptance from, others in sensitive situations, without damage to relationships.
  1. Demonstrate strong relationship building, business judgment, problem identification and problem resolution skills.
  1. Demonstrated experience in responding to regulatory requests.
  2. Knowledge of risk management frameworks, risk taxonomies and methodologies.
  1. Experience within a financial institution.

Desired

  1. Knowledge of GRC software solutions.
  2. Knowledge of Model Risk Management.
  3. Industry certifications in Risk Management.


Our job titles may span more than one career level. The starting base salary for this role is between $90,000 – $110,000. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

Hybrid Work Model
Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”.

Search Firm Representatives- Please Read Carefully
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.