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Model Risk Management Jobs in Delaware (NOW HIRING)

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Model Risk Management information

See Delaware salary details

$36.5K

$82.4K

$138.1K

How much do model risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for model risk management in Delaware is $82,401.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,600.00 and $90,600.00 per year, depending on experience, location, and employer.

What is a Model Risk Management job?

A Model Risk Management (MRM) job involves identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. Professionals in this role ensure models are accurate, reliable, and comply with regulatory requirements by conducting validation, testing, and performance monitoring. They work closely with model developers, risk teams, and auditors to manage model lifecycle processes. Strong quantitative, analytical, and regulatory knowledge are key skills for success in this field.

What are the key skills and qualifications needed to thrive in the Model Risk Management position, and why are they important?

To excel in Model Risk Management, a professional needs a strong grounding in quantitative finance, statistics, and risk assessment, often backed by advanced degrees in relevant fields. Familiarity with technical tools such as Python, R, SAS, and model validation platforms, along with relevant certifications like FRM or CFA, is highly beneficial. Exceptional communication skills, attention to detail, and critical thinking help individuals stand out when interacting with model developers and risk committees. Mastery of these abilities ensures thorough risk analysis, regulatory compliance, and effective mitigation of financial model risks within the organization.

What are some common challenges faced by professionals in Model Risk Management roles?

Professionals in Model Risk Management commonly encounter challenges such as evolving regulatory requirements, the complexity of advanced financial models, and ensuring effective communication between technical and non-technical stakeholders. Staying current with industry best practices while rigorously validating and documenting models can be demanding but is critical for reducing financial and operational risks. Team members often work cross-functionally, collaborating closely with quants, risk managers, and IT teams to evaluate model performance and implement improvements. Adapting to new analytical tools and maintaining a proactive approach to emerging risks will help you succeed and grow in this dynamic field.
What are popular job titles related to Model Risk Management jobs in Delaware? For Model Risk Management jobs in Delaware, the most frequently searched job titles are:
Infographic showing various Model Risk Management job openings in Delaware as of May 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 84% In-person, 10% Hybrid, and 6% Remote job distribution, with an average salary of $82,401 per year, or $39.6 per hour.
Risk Management - Risk Architecture Analyst

Risk Management - Risk Architecture Analyst

JP Morgan Chase

Wilmington, DE

Full-time

Medical, Retirement

Posted 3 hours ago


JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 467 frontline employees who took The Breakroom Quiz

45th of 141 rated banks


Job description

Bring your Expertise to JPMorgan Chase.  As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Risk Management - Risk Architecture Analyst in the Risk Execution and Strategy team you will be part of a User Acceptance Testing team that supports an ongoing execution and implementation of business critical strategic initiatives. This role will partner with technology groups, business partners, project analysts/managers, and external vendor resources to plan and execute the testing. Individuals will be responsible and accountable for managing all aspects of the business testing function. Define strategies and approaches for User Acceptance.

Job Responsibilities

  • Understanding the intent of a business requirement
  • Formulate test approach and test plan and detailing the dependencies and risk involved
  • Execution of business scenario in UAT environment
  • Partnering and collaborating with stakeholders for clarifying queries and sharing the testing status
  • Ensuring testing artifacts are updated and saved as appropriate
  • Reconcile test results from different tests and different groups
  • Incorporate process enhancements related to tools and practices to unlock greater efficiencies and effectiveness
  • Partner with UAT Manager/Lead to ensure that testing readiness and testing execution milestones are completed
  • Guide and facilitate the quality testing practices in support of various products
  • Experience implementing Large Language Models and integrating into testing processes
  • Communicate regularly with project stakeholders and provide consistent follow up on the status of Automation testing

Required Qualifications, Skills and Capabilities

  • Bachelor's degree or comparable experience
  • 2 plus years of experience in manual testing along with formulating test plans and approach, test scenarios and test scripts
  • Experience in JIRA process, understanding of the process flow and creation of the task
  • Experience with Microsoft Office, Confluence, qTest tool
  • Writing and executing queries in SQL
  • Knowledge in Unix operating system
  • Experience with Agile and waterfall software development methodologies
  • Strong, clear, and concise written and verbal communication with ability to edit and prepare executive level communications. Excellent organizational and project management skills; able to manage competing priorities under tight deadlines. Proven ability to collaborate and build strong partnerships
  • Intellectual curiosity with a proven ability to learn quickly. High degree of initiative, self-direction, and ability to work well under pressure

Preferred Qualifications, Skills and Capabilities

  • Experience with mainframe screens, business rules engines
  • Understanding of credit card lifecycle and cards transactions processing
  • Experience with risk processing

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. 

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.  We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Equal Opportunity Employer/Disability/Veterans

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

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