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Model Risk Management Jobs in Baltimore, MD (NOW HIRING)

Investment Risk Senior Analyst

Baltimore, MD · Hybrid

$155K - $160K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Lead portfolio risk analysis across public and private markets, identifying key drivers of ... asset management, or a related quantitative role. * Strong working knowledge of factor models ...

Investment Risk Senior Analyst

Baltimore, MD · On-site

$155K - $160K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Lead portfolio risk analysis across public and private markets, identifying key drivers of ... asset management, or a related quantitative role. * Strong working knowledge of factor models ...

VP, AI Compliance Officer

Baltimore, MD · On-site

$108K - $185K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... model risk management stakeholders. > Strong analytical, organizational, and attention-to-detail skills, with the ability to manage multiple priorities in a fast-paced environment. > Demonstrate ...

Int Actuary Modeler

Baltimore, MD · On-site

$88 - $95/hr

Model and quantify risks including equity and interest rate sensitivities, cash flow variability ... Apply risk management techniques and procedures, including the company's mandated risk ...

AI Architect

Owings Mills, MD · On-site

$140K - $160K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... privacy, model risk, responsible AI, data leakage controls and auditability in regulated financial services environments. • Functional exposure to Asset Management / Investment Operations ...

Int Actuary Modeler

Baltimore, MD · On-site

$88 - $95/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model and quantify risks including equity and interest rate sensitivities, cash flow variability ... Apply risk management techniques and procedures, including the company's mandated risk ...

New

Risk Senior Manager

Columbia, MD · On-site

  • Medical

  • Retirement

  • PTO

SC&H's Risk Practice is seeking a Senior Manager to lead and grow our service line with a strong ... management skills. * Prior practice-building responsibilities (offerings, pricing models, partner ...

SC&H's Risk Practice is seeking a Senior Manager to lead and grow our service line with a strong ... management skills. * Prior practice-building responsibilities (offerings, pricing models, partner ...

Risk Senior Manager

Columbia, MD · On-site +1

  • Medical

  • Retirement

  • PTO

SC&H's Risk Practice is seeking a Senior Manager to lead and grow our service line with a strong ... management skills. * Prior practice-building responsibilities (offerings, pricing models, partner ...

Showing results 41-60

Model Risk Management information

See Baltimore, MD salary details

$36.3K

$81.8K

$137.1K

How much do model risk management jobs pay per year?

As of Aug 19, 2026, the average yearly pay for model risk management in Baltimore, MD is $81,806.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,100.00 and $89,900.00 per year, depending on experience, location, and employer.

What is a model risk management?

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 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 are the key skills and qualifications needed to thrive in model risk management, 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 does a model risk management do?

A model risk management professional oversees the identification, assessment, and mitigation of risks associated with financial and operational models. They ensure models are accurate, reliable, and compliant with regulations, often using validation tools and statistical analysis. This role helps prevent financial loss and supports decision-making processes within organizations.

What are the most commonly searched types of Model Risk Management jobs in Baltimore, MD?

The most popular types of Model Risk Management jobs in Baltimore, MD are:

What are popular job titles related to Model Risk Management jobs in Baltimore, MD?

For Model Risk Management jobs in Baltimore, MD, the most frequently searched job titles are:

What job categories do people searching Model Risk Management jobs in Baltimore, MD look for?

The top searched job categories for Model Risk Management jobs in Baltimore, MD are:

Infographic showing various Model Risk Management job openings in Baltimore, MD as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $81,806 per year, or $39.3 per hour.

Senior Quantitative Risk Manager - BSA/AML (Hybrid - see job descriptions for potential work loca...

M&T Bank

Baltimore, MD • Hybrid

$148K - $247K/yr

Full-time

Posted 14 days ago


M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

80th of 171 rated banks


Job description

** Work Location/Arrangement: This is a hybrid position requiring in-office work four (4) days every week at an M&T office in Buffalo, NY, Bridgeport, CT, Baltimore, MD, Timonium, MD, Wilmington, DE or New York, NY.Overview:

This position requiresexpertisein statistical and machine learning model development within a regulated environment. The role manages the full model development lifecycle-including requirements gathering, development, testing/validation, implementation, and ongoing monitoring-and partners closely with business and compliance stakeholders to deliver analytically sound, well-documented solutions. Development work is performed using both Python and SAS.

Primary Responsibilities:
  • Design, develop, test/validate, implement, andmonitorstatistical and machine learning models across the full model development lifecycle.

  • Partner with internal business stakeholders to define modeling requirements and translate them into scalable analytical solutions.

  • Analyze large, complex datasets (e.g., transaction data, customer/entity attributes, behavioral and demographic data) and present insights to senior management.

  • Produce clear, defensible model documentation and support governance, validation, and regulatory activities (MRM, audit, regulatory review).

  • Develop andmaintainproduction-quality analytics using Python and SAS.

  • Collaborate with internal and external partners tooptimizethe risk/reward equation and maximize profitability.

  • Serve as a liaison for Quantitative Risk Management initiatives across business areas, consultants, vendors, and peer banks.

  • Manage and develop Quantitative Analysts and Modelers, including performance and skills development.

  • Ensure adherence to risk management frameworks, regulatory standards, and internal controls.

  • Exercise managerial authority related to staffing, performance, and compensation decisions.

  • Promote an inclusive environment that reflects the M&T Bank brand.

Education and Experience Required:

Bachelors' degree,
OR in lieu of a degree,
A combined minimum of 14 years' higher education and/or work experience, including a minimum of 10 years' related experience (inclusive of 4 years supervisory/management experience)
-OR-
Master's degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline and a minimum of 8 years' related experience (inclusive of 4 years supervisory/management experience),
OR in lieu of a degree,
A combined minimum of 14 years' higher education and/or work experience, including a minimum of 8 years' related experience and/or (inclusive of 4 years supervisory/management experience).
Minimum of 10 years' related experience (inclusive of 4 years supervisory/management experience)
Banking or Financial Services experience.
Experience with SAS, SAS Enterprise Miner and other Statistical Software Packages.
Advanced Knowledge of SQL and Microsoft Office.
Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions.
Demonstrated ability to communicate complex concepts.
Demonstrated ability to manipulate and analyze data across large databases.

Education and Experience Preferred:
  • Extensive experience with statistical and machinelearningmodel development and ongoing monitoring.

  • Demonstrated experience leading models from concept through production.

  • Strongproficiencyin both Python and SAS.

#LI-RS1

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $148,300.00 - $247,100.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBuffalo, New York, United States of America

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