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Model Risk Management Jobs in Maryland (NOW HIRING)

As a premier global asset management organization with more than 85 years of experience, we provide ... In addition to possessing risk modeling expertise, the senior manager must demonstrate a thorough ...

Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of financial services business models, products, and services * Experience in banking, digital assets, or ...

About Crisis24 Crisis24 is a global, AI-enhanced provider of travel risk management, mass ... model exposure, and communicate complex findings to a senior, non-specialist audience. Location:

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Model Risk Management information

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$35.4K

$79.9K

$133.9K

How much do model risk management jobs pay per year?

As of Jul 13, 2026, the average yearly pay for model risk management in Maryland is $79,904.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,700.00 and $87,800.00 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 the most commonly searched types of Model Risk Management jobs in Maryland? The most popular types of Model Risk Management jobs in Maryland are:
What are popular job titles related to Model Risk Management jobs in Maryland? For Model Risk Management jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Maryland look for? The top searched job categories for Model Risk Management jobs in Maryland are:
What cities in Maryland are hiring for Model Risk Management jobs? Cities in Maryland with the most Model Risk Management job openings:
Director, AI Ethics & Responsible Use

Director, AI Ethics & Responsible Use

Marriott International

Bethesda, MD • On-site

$118K - $191K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago


Marriott International rating

6.4

Company rating: 6.4 out of 10

Based on 1,173 frontline employees who took The Breakroom Quiz

51st of 106 rated hotels


Job description


Job Summary
This role leads the organization's enterprise-wide Responsible AI strategy, ensuring AI technologies are designed, deployed, and monitored in a manner that is safe, fair, transparent, and privacy conscious. The position establishes and operationalizes governance frameworks to assess and manage bias and model risk, while proactively identifying and mitigating AI-related risks. Acting as a key connector across product, engineering, legal, and risk teams, this role enables innovation at scale while maintaining strong oversight and accountability.
The leader will define and implement Responsible AI-by-Design principles, conduct impact assessments and model validations, and establish go/no-go criteria for enterprise AI product launches. Responsibilities include developing risk scoring and model safety methodologies, overseeing adversarial testing and control validation, monitoring evolving AI regulations, and leading training, awareness, and external reporting efforts to embed responsible AI practices across the enterprise.
Job Requirements / Qualifications
  • 8+ years of experience in any combination of AI ethics, data science, machine learning, or AI compliance.
  • Prior experience developing model risk management frameworks and risk taxonomies.
  • Experience developing governance processes for risk assessments, preferably for AI.
  • Deep understanding of AI models and ethical frameworks.
  • Action oriented individual with prior experience implementing governance and privacy frameworks through technology and automation.
  • Deep understanding of AI Safety Controls and industry standards like NIST SP 800-54, AI RMF.
  • Bachelor's degree in Data Science, Computer Science, or a related technical field required; advanced degree preferred.

Job Duties / Responsibilities
  • Develop and implement responsible AI frameworks for risk calibration, remediation, and AI event management.
  • Lead initiatives to test internally AI models and solutions.
  • Establish Responsible AI By Design principles.
  • Conduct ethical impact assessments and model validations.
  • Collaborate with Legal, Risk, and Technology teams.
  • Monitor regulatory developments in AI.
  • Lead training and awareness initiatives.
  • Support external reporting and stakeholder engagement.
  • Define go/no-go launch criteria for enterprise AI products.
  • Build risk scoring methodologies for model safety.
  • Oversee adversarial testing such as red teaming and control validation.
  • Develop governance and privacy approaches for AI use cases and sensitive data.

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.
About Us
All positions offer a 401(k) plan, stock purchase plan, discounts at Marriott properties, commuter benefits, employee assistance plan, and childcare discounts. Benefits are subject to terms and conditions, which may include rules regarding eligibility, enrollment, waiting period, contribution, benefit limits, election changes, benefit exclusions, and others. Click here to learn more.
Full-time positions also offer coverage for medical, dental, vision, health care flexible spending account, dependent care flexible spending account, life insurance, disability insurance, accident insurance, adoption expense reimbursements, paid parental leave and educational assistance.
Washington Applicants Only: Employees will accrue paid sick leave, 0.077 PTO balance for every hour worked and be eligible to receive a minimum of 9 holidays annually.
Marriott HQ is committed to a hybrid work environment that enables associates to Be connected. Headquarters-based positions are considered hybrid, for candidates within a commuting distance to Bethesda, MD; candidates outside of commuting distance to Bethesda, MD will be considered for Remote positions.

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