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Model Risk Management Jobs in Delaware (NOW HIRING)

Experience in data modeling and risk management either from a business administration, statistical, mathematical, scientific or financial background * Excellent written and verbal communication ...

Experience in data modeling and risk management either from a business administration, statistical, mathematical, scientific or financial background * Excellent written and verbal communication ...

Risk Manager I (US)

Wilmington, DE · On-site

$91K - $145K/yr

Experience in data modeling and risk management either from a business administration, statistical, mathematical, scientific or financial background * Excellent written and verbal communication ...

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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 Jul 10, 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 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 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 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:
What job categories do people searching Model Risk Management jobs in Delaware look for? The top searched job categories for Model Risk Management jobs in Delaware are:
Risk Management - Risk Decisions Product Lead - Vice President

Risk Management - Risk Decisions Product Lead - Vice President

JP Morgan Chase

Wilmington, DE

Full-time

Medical, Retirement

Re-posted 13 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 487 frontline employees who took The Breakroom Quiz

55th of 146 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 leader in 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 judgment 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. 

The Risk Decision Product team provides real-time and batch decisioning across the Risk life cycle from Offer Generation, Acquisitions, Account Management through Collections utilizing Internal data, 3rd Party/External Data, Customer information and Models to maximize profit, manage risk and provide shareholder value through rapid deployment of Risk strategies in a controlled environment.

The Risk Decision product team is seeking a highly effective, motivated and innovative individual to lead initiatives which deliver a customer-centric Risk service to improve customer experience, enhance risk management capabilities, and maximize profit within the risk appetite The desired candidate will partner across the business to execute on an ever-evolving roadmap to drive business objectives forward by leading cross-functional teams to deliver comprehensive features and experiences to market with an agile mindset that fosters teamwork and collaboration.

Job Responsibilities

  • Guide complex initiatives that enhance Risk Management Capabilities and Modernization efforts.
  • Partner across Risk to help lead the continual build-out of the product roadmap.
  • Define product initiatives for new features and enhancements.
  • Collaborate with the business, architecture, and technology to ensure a unified product landscape.
  • Provide clear vision and scope documentation, workflows, detailed epics/features, use cases, and other materials as needed to support design, development, and infrastructure.
  • Track and manage business case metrics, ensuring that initiative/feature delivery stays on track and on budget.
  • Prepare executive-level product updates inclusive of production metrics, new feature delivery planning, and financial forecasting.
  • Create and maintain dashboards/reports and track initiative metrics.
  • Prepare and present updates to senior leadership and stakeholders.
  • Provide support for team SharePoint and Confluence site responsibilities, including maintaining lists and libraries, developing skills in Power Apps and Power Automate, managing forms and workflows (including intake forms), overseeing permission management and recertification, conducting site certification, and handling documentation management. 


Required qualifications, skills and capabilities

  • 7+ years of experience in financial services

  • Experience managing complex initiatives across multiple work streams with varying timelines, priorities and complexities.

  • Strong understanding of, or experience working in an Agile development framework.

  • Experience authoring business requirements, defining user stories and execution, including bringing together cross-functional teams within an Agile development framework.

  • Must be a structured thinker and effective communicator with excellent written and verbal communication skills.

  • Highly self-motivated, excel at building relationships, and are adept at influencing peers with diverse points of view and building consensus.

  • Remain composed under pressure and excel during periods of ambiguity.

  • Experienced in stakeholder management at a senior level and presenting metrics & progress accordingly.
  • Adept at using tools like Jira to manage the backlog and documentation. 

Preferred qualifications, skills and capabilities

  • Experience with SharePoint and Confluence is a plus.
  • 7+ years of experience in financial services, preferably with experience in Risk Management.
  • Experience with Power Apps and Power Automate is a plus.

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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