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Model Risk Governance Jobs in Massachusetts (NOW HIRING)

Deloitte

AI Governance Manager

Boston, MA · On-site

Manager - AI Governance - Enterprise Operations & Risk Our Deloitte Regulatory, Risk & Forensic ... Leading delivery of Trustworthy AI risk workstreams, including generative AI, agent model ...

Careers at KKR

Enterprise Risk Officer

Boston, MA

Track record of leading cross-functional initiatives involving risk management, governance, regulatory change, business transformation, or operating model enhancement. * Strong understanding of ...

Deloitte

AI Governance Manager

Boston, MA · On-site

Manager - AI Governance - Enterprise Operations & Risk Our Deloitte Regulatory, Risk & Forensic ... Leading delivery of Trustworthy AI risk workstreams, including generative AI, agent model ...

Deloitte

AI Governance Senior Consultant

Boston, MA · On-site

Senior Consultant - AI Governance - Enterprise Operations & Risk Our Deloitte Regulatory, Risk ... Supporting delivery of Trustworthy AI risk workstreams, including generative AI, agent model ...

Deloitte

AI Governance Senior Consultant

Boston, MA · On-site

Senior Consultant - AI Governance - Enterprise Operations & Risk Our Deloitte Regulatory, Risk ... Supporting delivery of Trustworthy AI risk workstreams, including generative AI, agent model ...

Citizens

Sr Data Scientist Treasury Modeling

Westwood, MA · On-site

$124K - $165K/yr

The position also provides guidance to functional leaders on model impacts and partners with Model Risk Management, Market Risk, and Internal Audit to support model governance and regulatory ...

Citizens

Sr Data Scientist Treasury Modeling

Boston, MA · On-site

$124K - $165K/yr

The position also provides guidance to functional leaders on model impacts and partners with Model Risk Management, Market Risk, and Internal Audit to support model governance and regulatory ...

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Model Risk Governance information

See Massachusetts salary details

$11

$49

$155

How much do model risk governance jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for model risk governance in Massachusetts is $49.93, according to ZipRecruiter salary data. Most workers in this role earn between $16.30 and $78.75 per hour, depending on experience, location, and employer.

What is a model risk governance?

A Model Risk Governance job involves overseeing the policies, procedures, and frameworks used to manage model risk within an organization. Professionals in this role ensure that models used for decision-making in areas like finance, risk management, and compliance are properly validated, monitored, and updated. They work closely with model developers, risk managers, and regulators to enforce governance standards and mitigate potential risks. Key responsibilities include establishing model validation processes, conducting risk assessments, and ensuring compliance with regulatory requirements.

What are some typical challenges faced in a model risk governance role?

Professionals in Model Risk Governance often encounter challenges such as keeping up with evolving regulatory requirements, ensuring comprehensive documentation for models, and maintaining effective communication between technical modelers and business stakeholders. Balancing rigorous model validations with tight project timelines can also be demanding, especially when coordinating input from various teams. Overcoming these hurdles requires a proactive approach to learning, strong organizational skills, and the ability to translate complex quantitative issues into actionable insights for decision-makers. These challenges make the work dynamic and offer significant opportunities to influence critical risk management processes within the organization.

What are the key skills and qualifications needed to thrive in a model risk governance role?

To excel in Model Risk Governance, you typically need a strong background in quantitative finance, statistics, or a related field, often with advanced degrees such as a master's or Ph.D., and experience in risk management. Familiarity with model validation tools, programming languages like Python or R, and regulatory frameworks such as SR 11-7 or Basel guidelines is highly valued. Strong analytical thinking, communication skills, and the ability to manage multiple stakeholders are key soft skills for this position. These competencies ensure effective oversight of model risk, facilitate regulatory compliance, and enable clear communication of complex technical issues to non-technical stakeholders.

What are the most commonly searched types of Model Risk Governance jobs in Massachusetts?

The most popular types of Model Risk Governance jobs in Massachusetts are:

What are popular job titles related to Model Risk Governance jobs in Massachusetts?

For Model Risk Governance jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Model Risk Governance jobs in Massachusetts look for?

The top searched job categories for Model Risk Governance jobs in Massachusetts are:

Model Risk Governance jobs near you
Infographic showing various Model Risk Governance job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $103,846 per year, or $49.9 per hour.

Global Cybersecurity Director - Risk & Compliance

The Boston Consulting Group

Boston, MA • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 9 days ago

Boston Consulting Group rating

9.5

Company rating: 9.5 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

3rd of 72 rated business consultants

Job description

Locations: Boston | Washington
Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures-and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
What You'll Do
BCG Federal operates within a federally regulated environment supporting consulting, cloud, software, data, and emerging AI technology capabilities. The Director, Federal Security Governance, Risk & Compliance (SGRC) serves as the senior accountable lead for the SGRC pillar. This role drives the strategy, risk governance, regulatory compliance, certification readiness, and control maturity agenda across all BCG Federal offerings.
The Director leads enterprise readiness and audit defense across key federal frameworks; including CMMC Level 2, NIST SP 800-171/53, FedRAMP and DFARS. Working closely with Security Architecture, the Director translates complex regulatory requirements into policy and control objectives, establishing the governance framework while Architecture designs the technical controls and secure cloud baselines.
Furthermore, this role pioneers Federal AI Governance, establishing guardrails, risk assessment protocols, and approval pathways for Generative AI and machine learning tools deployed across federal boundaries.
YOU'RE GOOD AT
You excel at leading complex federal cybersecurity and compliance programs by combining technical GRC expertise, executive communication, organizational change management, and trusted stakeholder relationships.
YOUR DUTIES WILL INCLUDE
  • Lead the Federal GRC pillar strategy, roadmap, operating model, governance rhythm, reporting structure, and control maturity agenda across BCG Federal.
  • Direct enterprise compliance initiatives supporting DFARS, CMMC Level 2, NIST 800-171/, FedRAMP, AI governance, cloud security, and related federal cybersecurity requirements.
  • Partner closely with Security Architecture to align policies with technical engineering; defining what control outcomes are required while Architecture designs how technical controls and baselines are configured.
  • Own organizational readiness for federal assessments and certifications, including assessment scoping, SSP development, evidence preparation, stakeholder preparation, audit defense, C3PAO engagement, and executive reporting.
  • Establish and mature Federal AI Governance, including risk methodologies, safety frameworks (e.g., NIST AI RMF), boundary protections, and approval pathways for secure adoption of Generative AI and LLMs.
  • Own the federal risk register governance model, including risk identification, severity assessment, mitigation planning, exception management, escalation, and reporting.
  • Lead cybersecurity review of federal contracts, RFPs, client opportunities, software approvals, cloud service reviews, and third-party vendor risk management to support secure technology adoption.
  • Lead organizational change management for federal cybersecurity and compliance initiatives, including stakeholder alignment, communications, training, readiness tracking, and sustainment of new governance processes.
  • Oversee continuous monitoring (CONMON) governance, evidence traceability, recurring review cadences, POA&M tracking, and management reporting.
  • Define and deliver executive-level metrics, dashboards, QBR content, risk reporting, compliance status updates, and decision-ready materials for leadership.
  • Lead, mentor, onboard, and develop GRC personnel while improving team operating rhythms, accountability, prioritization, and delivery quality.

What You'll Bring
  • 10+ years of experience in cybersecurity, information security, GRC, audit, compliance, risk management, or technology governance environments.
  • Demonstrated experience leading federal cybersecurity compliance programs (preferably supporting CMMC Level 2, NIST 800-171/53, FedRAMP) in consulting, cloud, SaaS, or federal contracting environments.
  • Direct experience leading or materially supporting external assessments, regulatory inquiries, audit readiness efforts, C3PAO assessments, evidence preparation, and audit defense.
  • Proven track record establishing AI Security Governance, evaluating machine learning/GenAI security risks, and applying federal AI risk management frameworks.
  • Proven ability to partner with Security Architecture, DevSecOps, and IT engineering teams to translate complex legal and federal requirements into practical operating baselines.
  • Strong organizational change management experience, including leading cross-functional process adoption, stakeholder readiness, communications, training, and sustainment of new operating models.
  • Excellent written and verbal communication skills, including experience developing executive briefings, policies, audit materials, and management-level reporting.
  • Ability to obtain and maintain a U.S. Government Secret Clearance where required.

Additional info
*** For US locations only ***
In the US, we have a compensation transparency approach.
Total compensation for this role includes base salary, annual discretionary performance bonus, retirement contribution, and a market leading benefits package described below.
  • The base salary range for this role begins at $176,000.00 in our lowest cost US region and goes up to $199,830.00 in our highest cost US region. Your recruiting contact can share more about the specific salary range for your preferred location during the hiring process.

This is an estimated range, however, specific base salaries within the range depend on various factors such as experience and skill set. It is not common for new BCG employees to be hired at the high-end of the salary range. BCG regularly reviews its ranges to ensure market competitiveness.
In addition to your base salary, your total compensation will include a bonus of up to 30% and a generous retirement contribution that starts at 5% and moves to 10% after 2 years.
All of our plans provide best in class coverage:
  • Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
  • Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
  • Dental coverage, including up to $5,000 in orthodontia benefits
  • Vision insurance with coverage for both glasses and contact lenses annually
  • Reimbursement for gym memberships and other fitness activities
  • Fully vested Profit Sharing Retirement Fund contributions made annually, whether you contribute or not, plus the option for employees to make personal contributions to a 401(k) plan
  • Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
  • Generous paid time off including 12 holidays per year, an annual office closure between Christmas and New Years, and 15 vacation days per year (earned at 1.25 days per month)
  • Paid sick time on an as needed basis

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
BCG is an E - Verify Employer. Click here for more information on E-Verify.

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