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Model Risk Governance Jobs in New York, NY (NOW HIRING)

We build open models that let anyone control their intelligence and help shape the future of AI ... Role Overview The Head of Risk & Trust Governance is responsible for designing, operating, and ...

Model Validation Expert

Manhattan, NY · On-site

$145 - $175/hr

Prepare and present validation conclusions to leadership committees and governance forums * Partner with Engineering, Product, Quants, and Risk Advisors to strengthen model development standards and ...

This individual will provide hands‑on support for risk identification, risk analytics, model performance monitoring, limit oversight, regulatory reporting, and senior management governance ...

Partner with Front Office, Quantitative Development, Model Risk Governance, Finance, Technology, Operations, and other control functions to resolve data quality issues, model limitations, valuation ...

Partner with Front Office, Quantitative Development, Model Risk Governance, Finance, Technology, Operations, and other control functions to resolve data quality issues, model limitations, valuation ...

Showing results 21-40

Model Risk Governance information

See New York, NY salary details

$11

$50

$155

How much do model risk governance jobs pay per hour?

As of Sep 6, 2026, the average hourly pay for model risk governance in New York, NY is $50.01, according to ZipRecruiter salary data. Most workers in this role earn between $16.30 and $78.89 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 New York, NY?

The most popular types of Model Risk Governance jobs in New York, NY are:

What job categories do people searching Model Risk Governance jobs in New York, NY look for?

The top searched job categories for Model Risk Governance jobs in New York, NY are:

Infographic showing various Model Risk Governance job openings in New York, NY as of August 2026, with employment types broken down into 66% Full Time, and 34% Contract. Highlights an 58% In-person, 21% Hybrid, and 21% Remote job distribution, with an average salary of $104,027 per year, or $50 per hour.

Credit Risk Management Department - Risk Analytics Model Intern

Bank of China Limited, New York Branch

Manhattan, NY • On-site

$18/hr

Internship

Re-posted 15 days ago


Job description

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.


The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test, aggregate model output, conduct data analysis, and also help document models for model risk management purpose (internal model review and audit). She/he will participate in model lifecycle and provide assistance for any finding/regulatory issue (e.g. MRA) remediation.


Credit Risk Rating

  • Coordinate the requests from FLUs and CRM CA teams, be familiar with the model setup and requirements, and generate the rating reports as required. 

Stress Test

  • Run the quarterly stress tests, aggregate the results, perform in-depth analysis, and prepare the reports. 

Model Risk Governance

  • Update the model docs for ERM reviews, assist the finding remediation, track the finding/issue status. 

Admin duties

  • Help the team lead on various team admin work such as invoice processing, meeting organization and minutes, meeting deck preparation, etc. 

  • Bachelor's degree in Math, Statistics, Physics, Computer Science, Financial Engineering, etc. is required
  • Be familiar with the programming languages such as VBA and Python.

USD $18.00 - USD $18.00 /Hr.