Collaborate with different departments to ensure effective model use. * Develop and maintain quantitative risk models, collaborate with internal assurance functions (Model Risk Management and ...
Collaborate with different departments to ensure effective model use. * Develop and maintain quantitative risk models, collaborate with internal assurance functions (Model Risk Management and ...
The individual will partner closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior, identify emerging risks, and support ...
The individual will partner closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior, identify emerging risks, and support ...
CSBB Quantitative Assets Governance Execution Consultant
Charlotte, NC ยท On-site
$130K - $180K/yr
This role supports end-to-end model lifecycle governance, ensuring adherence to Model Risk Management (MRM) Policy and Procedures, including model development, validation, implementation, use, and ...
CSBB Quantitative Assets Governance Execution Consultant
Charlotte, NC ยท On-site
$130K - $180K/yr
This role supports end-to-end model lifecycle governance, ensuring adherence to Model Risk Management (MRM) Policy and Procedures, including model development, validation, implementation, use, and ...
Senior Capital Oversight Risk Manager
Charlotte, NC ยท On-site
$200K - $275K/yr
... model risk management, credit administration, and loan policy 2. Strong leadership, decision-making and communication skills in the discussion of risk management with a wide range of management ...
Senior Capital Oversight Risk Manager
Charlotte, NC ยท On-site
$200K - $275K/yr
... model risk management, credit administration, and loan policy 2. Strong leadership, decision-making and communication skills in the discussion of risk management with a wide range of management ...
This role supports end-to-end model lifecycle governance, ensuring adherence to Model Risk Management (MRM) Policy and Procedures, including model development, validation, implementation, use, and ...
This role supports end-to-end model lifecycle governance, ensuring adherence to Model Risk Management (MRM) Policy and Procedures, including model development, validation, implementation, use, and ...
AVP, AI Risk and Governance
Fort Mill, SC ยท On-site +1
$117K - $195K/yr
The ideal candidate has a strong background in enterprise, technology and model risk management frameworks. Roles & Responsibilities: * Support in maintaining and evolving the AI governance framework ...
AVP, AI Risk and Governance
Fort Mill, SC ยท On-site +1
$117K - $195K/yr
The ideal candidate has a strong background in enterprise, technology and model risk management frameworks. Roles & Responsibilities: * Support in maintaining and evolving the AI governance framework ...
Develops and deploys models within the Model Development Control (MDC) and Model Risk Management (MRM) framework. * Composes and peer reviews technical documents for knowledge persistence, risk ...
Develops and deploys models within the Model Development Control (MDC) and Model Risk Management (MRM) framework. * Composes and peer reviews technical documents for knowledge persistence, risk ...
Model Risk Management * Operational Risk Management * Technology Risk Management * Wealth & Investment ManagementRisk Responsibilities may include: * Engage in a structured development experience ...
Model Risk Management * Operational Risk Management * Technology Risk Management * Wealth & Investment ManagementRisk Responsibilities may include: * Engage in a structured development experience ...
Specifically, this position supports the Model Risk Management ("MRM") program at the Bank. The overall MRM program is designed to provide governance and control around impactful institutional models ...
New
Specifically, this position supports the Model Risk Management ("MRM") program at the Bank. The overall MRM program is designed to provide governance and control around impactful institutional models ...
New
Model Governance Support - Contribute to model documentation, testing artifacts, lineage tracking, and change management for AI systems. * Emerging Technology Risk - Support assessments related to ...
Model Governance Support - Contribute to model documentation, testing artifacts, lineage tracking, and change management for AI systems. * Emerging Technology Risk - Support assessments related to ...
Model Validation Specialist
Charlotte, NC ยท On-site
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Model Validation Specialist
Charlotte, NC ยท On-site
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Model Validation Specialist
Charlotte, NC ยท Hybrid
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Model Validation Specialist
Charlotte, NC ยท Hybrid
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Model Governance Support -- Contribute to model documentation, testing artifacts, lineage tracking, and change management for AI systems. * Emerging Technology Risk -- Support assessments related to ...
Model Governance Support -- Contribute to model documentation, testing artifacts, lineage tracking, and change management for AI systems. * Emerging Technology Risk -- Support assessments related to ...
Ensure AI capabilities align with data governance, model risk management, privacy, auditability, and regulatory expectations. * Define guardrails for data access, sensitive information handling, AI ...
New
Ensure AI capabilities align with data governance, model risk management, privacy, auditability, and regulatory expectations. * Define guardrails for data access, sensitive information handling, AI ...
New
Senior Audit Manager - Model Risk/AI
Charlotte, NC ยท On-site +1
... management to assess risk and improve internal controls. Adheres to the Institute of Internal ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...
Senior Audit Manager - Model Risk/AI
Charlotte, NC ยท On-site +1
... management to assess risk and improve internal controls. Adheres to the Institute of Internal ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...
Transaction Monitoring Governance Manager
Charlotte, NC ยท On-site
$89K - $150K/yr
This role will partner across Compliance, Technology, Operations, Model Risk Management, Data Science, and business partners to help ensure the TM program remains aligned with regulatory expectations ...
New
Transaction Monitoring Governance Manager
Charlotte, NC ยท On-site
$89K - $150K/yr
This role will partner across Compliance, Technology, Operations, Model Risk Management, Data Science, and business partners to help ensure the TM program remains aligned with regulatory expectations ...
New
AVP, Credit Model Development
Charlotte, NC ยท On-site
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
AVP, Credit Model Development
Charlotte, NC ยท On-site
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
Familiarity with commodity indices, inflation modeling, and pricing frameworks * Experience with reviewing and analyzing commodity information and risk management strategies * Strong database ...
Familiarity with commodity indices, inflation modeling, and pricing frameworks * Experience with reviewing and analyzing commodity information and risk management strategies * Strong database ...
Senior Manager, Operations Risk Management
Charlotte, NC ยท On-site +1
$115K - $138K/yr
... Risk Management to build and own Mission Lane's first line of defense across Customer Operations ... model you came from. * You approach this work as a strategist and a consultant. You know how to ...
Quick apply
Senior Manager, Operations Risk Management
Charlotte, NC ยท On-site +1
$115K - $138K/yr
... Risk Management to build and own Mission Lane's first line of defense across Customer Operations ... model you came from. * You approach this work as a strategist and a consultant. You know how to ...
Familiarity with commodity indices, inflation modeling, and pricing frameworks * Experience with reviewing and analyzing commodity information and risk management strategies * Strong database ...
Familiarity with commodity indices, inflation modeling, and pricing frameworks * Experience with reviewing and analyzing commodity information and risk management strategies * Strong database ...
Model Risk Management information
See Fort Mill, SC salary details
$32.1K - $40.2K
4% of jobs
$40.2K - $48.3K
13% of jobs
$54.2K is the 25th percentile. Wages below this are outliers.
$48.3K - $56.4K
11% of jobs
$56.4K - $64.5K
16% of jobs
The median wage is $66.5K / yr.
$64.5K - $72.6K
25% of jobs
$76.7K is the 75th percentile. Wages above this are outliers.
$72.6K - $80.7K
13% of jobs
$80.7K - $88.8K
8% of jobs
$88.8K - $96.9K
3% of jobs
$96.9K - $105.1K
1% of jobs
$105.1K - $113.2K
1% of jobs
$113.2K - $121.3K
5% of jobs
$32.1K
$72.3K
$121.3K
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.
Full-time
Medical, Life, Retirement, PTO
This job post hasย expired today.ย Applications are no longer accepted.
Job description
Summary:
The Quantitative Risk Modeling and Analytics Director manages a team of modelers responsible for strategic modeling related to the organization's risk management functions.
Duties and Responsibilities:
- Manage a team of modelers for risk management functions.
- Oversee the development of strategic models related to risk.
- Implement quantitative solutions within business practices.
- Collaborate with different departments to ensure effective model use.
- Develop and maintain quantitative risk models, collaborate with internal assurance functions (Model Risk Management and Validation, Internal Audit), Present models to committees and communicate with business lines, legal, compliance, and risk committees, remediate internal/external findings on a timely basis, determine when redevelopment or recalibration is needed based on market conditions, regulations, and strategy.
- Perform other duties as assigned.
Basic Qualifications:
- Advanced degree in a quantitative discipline such as Mathematics, Statistics, Economics, Finance, or related field.
- Minimum 10 years relevant experience
Preferred Qualifications:
- Ph.D. preferred in a quantitative discipline such as Mathematics, Statistics, Economics, Finance, or related field.
- Clear communication skills to all levels of management (written and verbal)
Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)
Workplace Type:
OfficeOur Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range:
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.