ZipRecruiter

Log In

1

Model Risk Governance Manager Jobs (NOW HIRING)

next page

Showing results 1-20

All JobsModel Risk Governance JobsModel Risk Governance Manager Jobs

Model Risk Governance Manager information

See salary details

$43.5K

$103.7K

$167.5K

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

As of Jul 9, 2026, the average yearly pay for model risk governance manager in the United States is $103,704.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $132,000.00 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.

More about Model Risk Governance Manager jobs
What cities are hiring for Model Risk Governance Manager jobs? Cities with the most Model Risk Governance Manager job openings:
What are the most commonly searched types of Model Risk Governance jobs? The most popular types of Model Risk Governance jobs are:
What states have the most Model Risk Governance Manager jobs? States with the most job openings for Model Risk Governance Manager jobs include:
What job categories do people searching Model Risk Governance Manager jobs look for? The top searched job categories for Model Risk Governance Manager jobs are:
Model Risk Governance Manager jobs near you
Infographic showing various Model Risk Governance Manager job openings in the United States as of July 2026, with employment types broken down into 95% Full Time, 3% Part Time, and 2% Contract. Highlights an 82% Physical, 6% Hybrid, and 12% Remote job distribution, with an average salary of $103,704 per year, or $49.9 per hour.

Enterprise Risk Management Department-Model Risk Management VP

Bank of China Limited, New York Branch

Manhattan, NY • On-site

$110K/yr

Full-time

Re-posted 10 days ago

Job description

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

The job is a VP role in Model Risk Management team. The role contributes to implementing the model risk management framework including carrying out model risk governance activities and performing independent model validation. Specifically, regarding model validation, this role mainly drives and contributes to all kinds of model validations (e.g. credit risk, compliance risk, market risk/pricing, interest rate risk and liquidity risk types of models, etc.). This role will also get exposure to End User Computing (EUC) control framework enhancement and implementation. In general, this role is able to execute multi-tasks around model risk governance, conduct and add business values in model validation process, timely and effectively respond the requests from Regulatory and Internal Audit, and contribute in EUC control process.

Responsibilities

Model Validation

  • Conduct independently and drive the team to perform model validation mainly on credit risk related models by applying analytical skills for models defined in the model inventory and produce model validation reports

  • Independently coordinate the remediation of model validation findings and provide analytical guidance of the finding owners

  • Independently communicate with model developers/owner/users and senior management regarding validation findings and remediation activities

Model Risk Governance

  • Support and drive the team to implement the activities defined in model risk management framework and ensures that the Bank's model risk management framework continues to align with regulatory expectations

  • Support and drive the team to maintain model inventory and conduct annual model review/attestation processes

EUC Control

  • Contribute in EUC control framework maintenance and enhancement
  • Collaborate will relevant stakeholders to carry out the activities defined in EUC control framework

Other Duties

  • Support the other teams in ERM as needed.
Qualifications
  • Bachelor's degree required. Master's degree in Financial Engineering, Financial Mathematics, Mathematics, Statistics or Computer Science major preferred.
  • Minimum 6 years of financial modeling/analytical experience.
  • Demonstrate strong analytical and quantitative skills to understand and validate models effectively.
  • Demonstrate strong critical thinking and problem-solving skills with the ability to exercise sound and balanced judgment.
  • Demonstrate knowledge of SR11-7, supervisory guidance on model risk management, and other relevant banking regulations from regulators including OCC and FRB. 
  • FRM or CFA preferred.
Pay Range

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $110,000.00 - USD $230,000.00 /Yr.Employment Type: FULL_TIME

Apply