Evaluate model performance using appropriate metrics and ensure robustness and accuracy. Prepare ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Evaluate model performance using appropriate metrics and ensure robustness and accuracy. Prepare ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
... Model Development, Operational Risks, Quantitative Models, Risk Appetite Competencies Analytical Approach, Banking Products, Big Data Management and Analytics, Business Analytics, Credit Risk ...
... Model Development, Operational Risks, Quantitative Models, Risk Appetite Competencies Analytical Approach, Banking Products, Big Data Management and Analytics, Business Analytics, Credit Risk ...
Collaborate with cross-functional partners (Technology, Data, Underwriting, Delivery, State Management, Distribution, Implementation, Legal, Compliance, Privacy, and Model Risk Management) to ensure ...
Collaborate with cross-functional partners (Technology, Data, Underwriting, Delivery, State Management, Distribution, Implementation, Legal, Compliance, Privacy, and Model Risk Management) to ensure ...
Collaborate with cross-functional partners (Technology, Data, Underwriting, Delivery, State Management, Distribution, Implementation, Legal, Compliance, Privacy, and Model Risk Management) to ensure ...
Collaborate with cross-functional partners (Technology, Data, Underwriting, Delivery, State Management, Distribution, Implementation, Legal, Compliance, Privacy, and Model Risk Management) to ensure ...
Familiarity with third-party risk management frameworks (TPRM) * Experience with IT financial management, chargeback/showback models * Experience developing vendor market intelligence and ...
Familiarity with third-party risk management frameworks (TPRM) * Experience with IT financial management, chargeback/showback models * Experience developing vendor market intelligence and ...
... model Collaborate with Sector Head to determine final recommendations for Senior Management and ... risk in assigned portfolio and prepare quarterly reports on sensitive names Support ad hoc ...
... model Collaborate with Sector Head to determine final recommendations for Senior Management and ... risk in assigned portfolio and prepare quarterly reports on sensitive names Support ad hoc ...
Collaborates with enterprise data governance and risk partners to ensure architectures align with data governance, security, privacy, regulatory standards, and model risk management (including ...
Collaborates with enterprise data governance and risk partners to ensure architectures align with data governance, security, privacy, regulatory standards, and model risk management (including ...
Technical Architect - Data, Analytics & AI
Broken Arrow, OK · Hybrid
$54 - $69.50/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Technical Architect - Data, Analytics & AI
Broken Arrow, OK · Hybrid
$54 - $69.50/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Chief Investment Officer
Prague, OK · On-site
Risk Management & Compliance * Establish and enforce investment policies, controls, and compliance ... Provide scenario modeling, forecasts, and performance metrics to leadership and the board.
Quick apply
Chief Investment Officer
Prague, OK · On-site
Risk Management & Compliance * Establish and enforce investment policies, controls, and compliance ... Provide scenario modeling, forecasts, and performance metrics to leadership and the board.
Ability to manage risk, make sound decisions by having a deep understanding of industry regulations ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Ability to manage risk, make sound decisions by having a deep understanding of industry regulations ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
... project managers on contract interpretation, risk identification, and legal best practices * Monitor legal and industry trends impacting construction contracts and risk allocation Modeling Our ...
... project managers on contract interpretation, risk identification, and legal best practices * Monitor legal and industry trends impacting construction contracts and risk allocation Modeling Our ...
Trustworthy AI & risk management ... Partner with risk/compliance to address model governance, safety, monitoring, explainability, bias ...
Trustworthy AI & risk management ... Partner with risk/compliance to address model governance, safety, monitoring, explainability, bias ...
Senior Counsel, Asset Management
$133K - $296K/yr
... model providers, private funds, and other vendors, as well as customer agreements) * Extensive ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Senior Counsel, Asset Management
$133K - $296K/yr
... model providers, private funds, and other vendors, as well as customer agreements) * Extensive ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Information Security Risk Specialist
Oklahoma City, OK · On-site
$99K - $225K/yr
Implement security strategies to control and manage organizational information risks. Assess ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
Information Security Risk Specialist
Oklahoma City, OK · On-site
$99K - $225K/yr
Implement security strategies to control and manage organizational information risks. Assess ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
Monitor geopolitical developments impacting precious metals markets. 6. Fraud Risk Management ... Maintain model validation and alert threshold documentation. 8. Risk Assessments * Conduct annual ...
Monitor geopolitical developments impacting precious metals markets. 6. Fraud Risk Management ... Maintain model validation and alert threshold documentation. 8. Risk Assessments * Conduct annual ...
AML & Fraud Compliance Manager- Onsite OKC, OK
Oklahoma City, OK · On-site
$90K - $105K/yr
Monitor geopolitical developments impacting precious metals markets. 6. Fraud Risk Management ... Maintain model validation and alert threshold documentation. 8. Risk Assessments * Conduct annual ...
AML & Fraud Compliance Manager- Onsite OKC, OK
Oklahoma City, OK · On-site
$90K - $105K/yr
Monitor geopolitical developments impacting precious metals markets. 6. Fraud Risk Management ... Maintain model validation and alert threshold documentation. 8. Risk Assessments * Conduct annual ...
Understanding of data limitations, bias, and model risk * You have an MBA or equivalent graduate ... You have developed project management abilities and have reported and escalated on time to ...
Understanding of data limitations, bias, and model risk * You have an MBA or equivalent graduate ... You have developed project management abilities and have reported and escalated on time to ...
Understanding of data limitations, bias, and model risk * You have an MBA or equivalent graduate ... You have developed project management abilities and have reported and escalated on time to ...
Understanding of data limitations, bias, and model risk * You have an MBA or equivalent graduate ... You have developed project management abilities and have reported and escalated on time to ...
Disaster Recovery Architect
Tulsa, OK · On-site
... risk management • Experience defining architecture standards, enterprise frameworks, or governance models Company : BOK Financial offers financial services to consumers and businesses. Founded in ...
Disaster Recovery Architect
Tulsa, OK · On-site
... risk management • Experience defining architecture standards, enterprise frameworks, or governance models Company : BOK Financial offers financial services to consumers and businesses. Founded in ...
Release Manager
Ponca City, OK · On-site
... delivery models. The ideal candidate brings strong communication skills, a structured approach to risk and change management, and experience operating in productioncritical environments. Key ...
Release Manager
Ponca City, OK · On-site
... delivery models. The ideal candidate brings strong communication skills, a structured approach to risk and change management, and experience operating in productioncritical environments. Key ...
Model Risk Management information
See Oklahoma salary details
$33.7K - $42.2K
4% of jobs
$42.2K - $50.7K
13% of jobs
$56.9K is the 25th percentile. Wages below this are outliers.
$50.7K - $59.3K
11% of jobs
$59.3K - $67.8K
16% of jobs
The median wage is $69.9K / yr.
$67.8K - $76.3K
25% of jobs
$80.6K is the 75th percentile. Wages above this are outliers.
$76.3K - $84.8K
13% of jobs
$84.8K - $93.3K
8% of jobs
$93.3K - $101.9K
3% of jobs
$101.9K - $110.4K
1% of jobs
$110.4K - $118.9K
1% of jobs
$118.9K - $127.4K
5% of jobs
$33.7K
$76K
$127.4K
How much do model risk management jobs pay per year?
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 is the salary of model risk validation?
Is model risk management a good career?
What do model risk managers do?
What is the highest paying risk management job?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 19 days ago
PNC Bank rating
7.7
Based on 334 frontline employees who took The Breakroom Quiz
73rd of 141 rated banks
Job description
Key Responsibilities:
Develop, implement, and maintain quantitative and machine learning models for analytics and decision support.
Apply statistical and mathematical techniques, including logistic and linear regression, to solve business problems.
Perform data analysis, feature engineering, model training, testing, and validation.
Use Python to write clean, efficient, and well documented code for modeling and analysis.
Evaluate model performance using appropriate metrics and ensure robustness and accuracy.
Prepare presentations and written documentation to clearly communicate model methodology, results, and insights to technical and non technical audiences.
Collaborate with cross functional partners to understand requirements and translate them into analytical solutions.
Support model lifecycle activities, including enhancements, recalibration, and monitoring.
Required Experience & Skills:
2-3+ years of professional experience in quantitative analytics, modeling, or a related role.
Strong Python programming and coding skills.
Solid foundation in mathematics and statistics.
Hands on experience with logistic regression and linear regression.
Experience applying machine learning techniques.
Proven experience developing and implementing models end to end.
Ability to build or demonstrate a portfolio of modeling or analytical work.
Bachelor's degree in mathematics, Statistics, Quantitative Analytics, or a related quantitative field.
Strong presentation, communication, and documentation skills, with the ability to explain complex concepts clearly.
Preferred Experience & Skills:
Experience with PySpark or working in distributed data environments.
Banking or financial services experience.
Knowledge of credit risk or portfolio metrics such as PD (Probability of Default), LGD (Loss Given Default), and EAD/ED (Exposure at Default).PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.Job Description
- Independently performs advanced quantitative analyses and model development to drive decision-making by running quantitative strategies. Makes recommendations based on analyses.
- Analyzes and develops new model frameworks by supporting the line of business. Refines, monitors, and reviews existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with larger, more complex datasets to create models.
- Performs quantitative analysis and develops complex reports. Performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Analyzes complex data and associated quantitative analysis. Makes recommendations based on findings from data analytics.
- Uses quantitative tools and techniques to measure and analyze model risks and reaches conclusions on strengths and limitations of the model.
- Prepares and analyzes detailed documents for validation and regulatory compliance, using applicable templates.
PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:
- Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
- Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
Preferred SkillsAnalytical Thinking, Credit Risks, Data Analytics, Financial Analysis, Model Development, Operational Risks, Quantitative Models, Risk AppetiteCompetenciesBank Quantitative Analysis, Consulting, Data Gathering and Reporting, Effective Communications, Predictive Analytics, Quantitative Techniques, Regulatory Environment - Financial Services, TestingWork ExperienceRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationBachelorsCertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $86,250.00 - $172,500.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 04/29/2026, although it may be longer with business discretion.BenefitsPNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.To learn more about these and other programs, including benefits for full time and part-time employees, visitpncthrive.com.
Disability Accommodations StatementIf an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
California ResidentsRefer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.
About PNC Bank
Sourced by ZipRecruiter
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Pittsburgh, PA, US
Year founded
1852