... Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk while enabling these capabilities within our GRC platform. The Senior Principal will operate at a ...
... Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk while enabling these capabilities within our GRC platform. The Senior Principal will operate at a ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... You've built models, validated them, and backtested them. You know how to interpret a confusion ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... You've built models, validated them, and backtested them. You know how to interpret a confusion ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... You've built models, validated them, and backtested them. You know how to interpret a confusion ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... You've built models, validated them, and backtested them. You know how to interpret a confusion ...
Quantitative Analytics & Model Development Consultant - Anti Money Laundering & Fraud Model Valid...
As a Quantitative Analytics & Model Consultant within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA or Tysons Corner, VA. As a model validator you will perform ...
Quantitative Analytics & Model Development Consultant - Anti Money Laundering & Fraud Model Valid...
As a Quantitative Analytics & Model Consultant within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA or Tysons Corner, VA. As a model validator you will perform ...
Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a startup ... senior management * Maintain the efficiency and accuracy of our models through continuous ...
Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a startup ... senior management * Maintain the efficiency and accuracy of our models through continuous ...
Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a startup ... senior management * Maintain the efficiency and accuracy of our models through continuous ...
Manager, Data Science - Model Risk Office Data is at the center of everything we do. As a startup ... senior management * Maintain the efficiency and accuracy of our models through continuous ...
As a Quantitative Analytics and Model Consultant Senior within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA / Tysons Corner, VA / New York City. As a senior validator ...
As a Quantitative Analytics and Model Consultant Senior within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA / Tysons Corner, VA / New York City. As a senior validator ...
Partner with management and key staff from other business units to provide independent guidance and ... Participate in cross-functional governance forums and committees related to AI, model risk, and ...
New
Partner with management and key staff from other business units to provide independent guidance and ... Participate in cross-functional governance forums and committees related to AI, model risk, and ...
New
Partner with management and key staff from other business units to provide independent guidance and ... Participate in cross-functional governance forums and committees related to AI, model risk, and ...
Partner with management and key staff from other business units to provide independent guidance and ... Participate in cross-functional governance forums and committees related to AI, model risk, and ...
Risk Management Lead
Arlington, VA · On-site
$69K - $158K/yr
Risk Management Lead The Opportunity: Emerging threats, shifting mission demands, and a rapidly ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
Risk Management Lead
Arlington, VA · On-site
$69K - $158K/yr
Risk Management Lead The Opportunity: Emerging threats, shifting mission demands, and a rapidly ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
Ability to understand macroeconomic and credit forecast models stress testing methodologies and credit risk management practices * Familiarity with relevant regulatory requirements, including CCAR ...
Ability to understand macroeconomic and credit forecast models stress testing methodologies and credit risk management practices * Familiarity with relevant regulatory requirements, including CCAR ...
Ability to understand macroeconomic and credit forecast models stress testing methodologies and credit risk management practices * Familiarity with relevant regulatory requirements, including CCAR ...
Ability to understand macroeconomic and credit forecast models stress testing methodologies and credit risk management practices * Familiarity with relevant regulatory requirements, including CCAR ...
Risk Management Lead
Arlington, VA · On-site
$69K - $158K/yr
Risk Management Lead The Opportunity: Emerging threats, shifting mission demands, and a rapidly ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
Risk Management Lead
Arlington, VA · On-site
$69K - $158K/yr
Risk Management Lead The Opportunity: Emerging threats, shifting mission demands, and a rapidly ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
Risk Management Lead
Alexandria, VA · On-site
$69K - $158K/yr
Risk Management Lead The Opportunity: Emerging threats, shifting mission demands, and a rapidly ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
Risk Management Lead
Alexandria, VA · On-site
$69K - $158K/yr
Risk Management Lead The Opportunity: Emerging threats, shifting mission demands, and a rapidly ... Work Model Our people-first culture prioritizes the benefits of collaboration, whether it occurs in ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
... Risk Management and the broader Enterprise. We prioritize long-term success by continually ... Build machine learning models to challenge "champion models" that are deployed in production today ...
SVP Enterprise Risk Office
Mclean, VA · Hybrid
Multi-year experience with model risk management at first- or second-line level. * Familiarity with regulatory requirements for Credit Union risk management. * Experience with Archer preferred ...
SVP Enterprise Risk Office
Mclean, VA · Hybrid
Multi-year experience with model risk management at first- or second-line level. * Familiarity with regulatory requirements for Credit Union risk management. * Experience with Archer preferred ...
The Risk Management Team is a critical, strategic function tasked with protecting the enterprise ... Financial Planning, Modeling & Reporting * Develop and maintain sophisticated models to forecast ...
The Risk Management Team is a critical, strategic function tasked with protecting the enterprise ... Financial Planning, Modeling & Reporting * Develop and maintain sophisticated models to forecast ...
Model Risk Management information
See Washington salary details
$41.3K - $51.8K
4% of jobs
$51.8K - $62.2K
13% of jobs
$69.8K is the 25th percentile. Wages below this are outliers.
$62.2K - $72.7K
11% of jobs
$72.7K - $83.1K
16% of jobs
The median wage is $85.8K / yr.
$83.1K - $93.6K
25% of jobs
$98.8K is the 75th percentile. Wages above this are outliers.
$93.6K - $104K
13% of jobs
$104K - $114.5K
8% of jobs
$114.5K - $124.9K
3% of jobs
$124.9K - $135.4K
1% of jobs
$135.4K - $145.8K
1% of jobs
$145.8K - $156.3K
5% of jobs
$41.3K
$93.2K
$156.3K
How much do model risk management jobs pay per year?
As of Jun 20, 2026, the average yearly pay for model risk management in Washington is $93,246.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,800.00 and $102,500.00 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 is the salary of model risk validation?
Model risk validation professionals typically earn between $80,000 and $150,000 annually, depending on experience, location, and the size of the organization. Senior roles or those with specialized skills in statistical modeling and regulatory knowledge can earn higher salaries, often exceeding $180,000. Certifications such as FRM or CFA can also influence compensation in this field.
Is model risk management a good career?
Model risk management is a specialized field focused on identifying and mitigating risks associated with financial and statistical models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is in demand within financial institutions, regulatory agencies, and consulting firms, making it a stable career choice for those interested in risk analysis and quantitative methods.
What do model risk managers do?
Model risk managers are responsible for identifying, assessing, and mitigating risks associated with financial and operational models used within an organization. They review model assumptions, validate model performance, and ensure compliance with regulatory standards, often using specialized tools and techniques. Their work helps prevent model errors from leading to financial loss or regulatory issues.
What is the highest paying risk management job?
In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills, especially in financial institutions or large corporations.
What are the most commonly searched types of Model Risk Management jobs in Washington? The most popular types of Model Risk Management jobs in Washington are:
What are popular job titles related to Model Risk Management jobs in Washington? For Model Risk Management jobs in Washington, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Washington look for? The top searched job categories for Model Risk Management jobs in Washington are:
What cities in Washington are hiring for Model Risk Management jobs? Cities in Washington with the most Model Risk Management job openings:
Senior Principal Risk Analyst (Governance Risk Compliance)
Navy Federal Credit UnionVienna, VA • On-site
Full-time
Posted 14 days ago
Navy Federal Credit Union rating
8.1
Based on 265 frontline employees who took The Breakroom Quiz
58th of 138 rated financial services
Job description
As part of the Risk Technology Enablement and Innovation team, this role is responsible for advancing Governance, Risk, and Compliance (GRC) capabilities across Navy Federal. This position will partner with business leaders, risk function stakeholders, and technology teams to design, mature, and operationalize risk management programs including RCSA, Issue Management, 3rd Party Risk Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk while enabling these capabilities within our GRC platform.
The Senior Principal will operate at a strategic and enterprise level, influencing program direction, shaping technology architecture, and ensuring alignment between risk program objectives and platform capabilities.
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
- FORTUNE 100 Best Companies to Work For 2025
- Yello and WayUp Top 100 Internship Programs
- Computerworld Best Places to Work in IT
- Newsweek Most Loved Workplaces
- 2025 PEOPLE Companies That Care
- Newsweek Most Trustworthy Companies in America
- Military Times 2025 Best for Vets Employers
- Best Companies for Latinos to Work for 2025
- Forbes 2025 America's Best Large Employers
- Forbes 2025 America's Best Employers for New Grads
- Forbes 2025 America's Best Employers for Tech Workers
- 2025 RippleMatch Campus Forward Award Winner for Overall Excellence
- Military.com Top Military Spouse Employers 2025
- 2025 Handshake Early Talent Award
From Fortune. 2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
- 15+ years of experience in Governance, Risk and Compliance (GRC) and Risk Management methodologies
- Advanced, hands-on knowledge of ServiceNow GRC / IRM architecture and modules
- Proven experience leading enterprise-scale risk program transformations and deep expertise across multiple risk domains (e.g., Operational Risk, 3rd Party Risk, Data Risk, Model Risk, Financial Risk, Credit Risk)
- Experience leading large, complex initiatives with enterprise impact and drive cross-functional alignment
- Strong communication skills with the ability to translate technical concepts into business outcomes
- Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
- Relevant certifications (e.g., CRISC, CISA, CISSP) preferred
Additional Information
Hours:
- Monday - Friday, 8:00AM - 4:30PM
Locations:
- 820 Follin Ln. Vienna, Virginia 22180
- 5550 Heritage Oaks Dr. Pensacola, FL 32526
- Serve as a trusted advisor to risk function leaders across the three lines of defense on risk program maturity, governance, and optimization
- Provide strategic recommendations to strengthen enterprise risk programs, align to industry best practices and drive consistency and integration across risk functions
- Influence and contribute to the long-term strategy for GRC technology and risk program evolution
- Partner with risk teams across the three lines of defense, building strong relationships with senior stakeholders to drive alignment, adoption, and consistency in risk processes and technology
- Lead design and maturation of enterprise initiatives and risk programs including RCSA, Issue Management, 3rd Party Risk Management, Business Continuity, Data Risk Governance, Model Risk, Financial Risk and Credit Risk
- Act as a subject matter expert in ServiceNow GRC including architecture, data models, and integrations
- Lead translation of business needs into platform capabilities, configurations, and solution designs ensuring scalable, sustainable, and enterprise-aligned solutions
- Ensure quality through UAT oversight, change management processes, and post-implementation reviews
- Advice on platform governance, roadmap prioritization, and enterprise-wide adoption strategies
- Define success metrics (KRIs, KPIs) and reporting structures to enhance risk visibility and decision-making
- Mentor and guide junior team members and serve as a lead resource across the function
- Strong interpersonal, verbal, and written communication skills
What Navy Federal Credit Union employees say
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Benefits
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About Navy Federal Credit Union
Sourced by ZipRecruiter
Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Vienna, VA, US
Year founded
1933