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Model Risk Management Jobs in Massachusetts (NOW HIRING)

Quantitative Risk

Boston, MA ยท Hybrid

$104K - $180K/yr

This role will be part of the CMAO team focused on delivering modeling and analytics solutions to assess counterparty credit risk and market risk managed by State Street Global Markets ("SSGM"). The ...

Quantitative Risk

Boston, MA ยท On-site

$104K - $180K/yr

This role will be part of the CMAO team focused on delivering modeling and analytics solutions to assess counterparty credit risk and market risk managed by State Street Global Markets ("SSGM"). The ...

Sr Data Scientist Treasury Modeling

Boston, MA ยท On-site

$124K - $165K/yr

Collaborate with Model Risk Management, Model Validation, and Market Risk for periodic model reviews * Monitor model performance and recommend enhancements including overlays, recalibration, or ...

Collaborate with Model Risk Management, Model Validation, and Market Risk for periodic model reviews * Monitor model performance and recommend enhancements including overlays, recalibration, or ...

Sr Data Scientist Treasury Modeling

Boston, MA ยท On-site

$124K - $165K/yr

Collaborate with Model Risk Management, Model Validation, and Market Risk for periodic model reviews * Monitor model performance and recommend enhancements including overlays, recalibration, or ...

Sr Data Scientist Treasury Modeling

Boston, MA ยท On-site

$124K - $165K/yr

Collaborate with Model Risk Management, Model Validation, and Market Risk for periodic model reviews * Monitor model performance and recommend enhancements including overlays, recalibration, or ...

Collaborate with Model Risk Management, Model Validation, and Market Risk for periodic model reviews * Monitor model performance and recommend enhancements including overlays, recalibration, or ...

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Showing results 1-20

Model Risk Management information

See Massachusetts salary details

$39.9K

$89.9K

$150.7K

How much do model risk management jobs pay per year?

As of Jul 13, 2026, the average yearly pay for model risk management in Massachusetts is $89,914.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,300.00 and $98,800.00 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 Massachusetts? The most popular types of Model Risk Management jobs in Massachusetts are:
What are popular job titles related to Model Risk Management jobs in Massachusetts? For Model Risk Management jobs in Massachusetts, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Massachusetts look for? The top searched job categories for Model Risk Management jobs in Massachusetts are:
What cities in Massachusetts are hiring for Model Risk Management jobs? Cities in Massachusetts with the most Model Risk Management job openings:
Compliance Risk Analyst

Compliance Risk Analyst

TalentBurst, Inc.

Marlborough, MA โ€ข Hybrid

Full-time

Medical, Dental, Vision, Retirement

Re-posted 16 days ago


Job description

Compliance Risk Analyst
Marlborough, MA 01752
12+ Months
Hybrid
About the Role
The Compliance Risk Analyst โ€“ Mid-level is responsible for evaluating and assessing AI and analytics solutions are designed, deployed, and operated responsibly aligned with Client AI Governance policies, Legal, Regulatory, Ethical, and Organizational standards. You will help review AI use cases, strengthen AI governance frameworks, manage intake and risk assessments, drive compliance with global regulations, and enable teams to build trustworthy AI with clear accountability.
What Youโ€™ll Do
Analyzing the AI use cases and taking them through their lifecycle such as Intake, Review, Assessment, Socialization and Closure.
Maintain inventories of AI systems, models, datasets, and third-party AI tools, including risk tiers and approval statuses.
Risk & Compliance: Highlight risks associated with the use case and make the business owners aware of the risks and help those business owners respond to those risks.
Lead AI risk assessments: assess purpose, model risk, bias, transparency, accuracy, human oversight, etc.
Operations & Enablement
Run the AI intake process (triage, scoping, routing) in collaboration with Legal, Privacy, Cybersecurity, IT and Business stakeholders.
Develop governance templates and artifacts (risk profiles, decision logs, RACI, playbooks, assessment checklists, etc).
Monitoring & Reporting: Produce dashboards and executive reports for leadership, audit, and regulatory inquiries.
Facilitate periodic reviews of AI systems; coordinate post-deployment monitoring and incident response workflows.
Stakeholder Collaboration: Partner with IT, Legal, Privacy, Cybersecurity, and AI Governance Committee to align governance requirements with delivery milestones and identify regulatory considerations the AI use cases pose to the organization.
Support the organizationโ€™s AI literacy program through risk identification and providing business owners guidance on responsible AI practices, policy updates, and process changes.
Core Competencies
  • Risk Mindset: Ensures strong governance without hindering innovation; foresees downstream risks and raising it to the business teams.
  • Analytical Thinking: Structures complex problems, synthesizes evidence, and recommends actionable controls.
  • Stakeholder Influence: Facilitates alignment across Legal, Privacy, Cybersecurity, IT and AI Governance Committee.
  • Communication: Produces clear, audit ready documents and concise executive updates.
  • Process Ownership: Drives intake, assessment, and monitoring workflows end-to-end with strong follow-through.

Required Qualifications:
  • 5 - 8 years of governance or risk management type experience
  • Bachelorโ€™s degree in a relevant field (e.g., Data/Computer Science, Information Systems, Risk/Compliance) OR equivalent experience.
  • Experience working with Microsoft Office Suite
  • Working knowledge of AI/ML (machine learning) concepts (data pipelines, model lifecycle, performance monitoring, bias, explainability).
  • Experience operationalizing governance processes (intake, control testing, evidence collection, reporting).
  • Strong analytical, documentation, and stakeholder communication skills.

Preferred Qualifications:
  • 1 - 2 years of AI experience
  • Familiarity with AI model governance artifacts (model cards, datasheets, risk registers), responsible AI practices (human oversight, safety, transparency), and MLOps.
  • Exposure to enterprise platforms supporting governance workflows (e.g., ServiceNow, SharePoint, Power Automate/Power Apps, Confluence/Jira), data catalog/lineage, and assessment tools.

Meeting Notes:
Potential to extend
Hybrid - Tues and Wed
Must work EST hours
5-8 years of governance or risk management type experience
1-2 years of AI experience (preferred)
Open to contract (no work sponsorship) and contract to perm talent
Interview process: No more than 2 rounds
#TB_EN
#ZR

Why TalentBurst?
At TalentBurst, we deliver more than talent, we deliver outcomes. We partner with you to move quickly and connect you to opportunities aligned with your skills and long term growth.

Backed by precision, transparency, and results, we connect top talent with leading organizations through trusted partnerships.

We offer competitive compensation and comprehensive benefits, including medical, dental, vision, and retirement options.

TalentBurst is an equal opportunity employer committed to an inclusive and diverse workforce.

Company Description

Founded in 2002 by three former Monster.com executives; TalentBurst is an award-winning full-service Staffing Firm working directly with Fortune 500 companies in the US and Canada. We specialize in Contract and Contract to Permanent roles across many industries and have direct/contractual relationships with all our clients. Please visit our website www.talentburst.com or come meet us at our offices in Natick, MA, Miami, FL, Christiansburg, VA, Vineland, NJ, Houston, TX & downtown San Francisco, CA

TalentBurst logo

About TalentBurst

Sourced by ZipRecruiter

TalentBurst is a leading provider of Information Technology and Engineering staffing solutions based in Natick, Massachusetts, US. An industry veteran with two decades of experience in their portfolio, the company's services range from IT consulting, life sciences, HR solutions, payroll services, and more. TalentBurst was founded with a mission to provide world-class, global staffing services to clients of all sizes. They strive to provide unmatched quality and service to their clients, which has earned them the reputation of being a highly respected and trusted staffing firm.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

Natick, MA, US

Year founded

2002

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