Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
This role will partner with a wide range of stakeholders to build underwriting and claims models ... As a member of the Global Risk Management team, this role will provide actuarial and data science ...
This role will partner with a wide range of stakeholders to build underwriting and claims models ... As a member of the Global Risk Management team, this role will provide actuarial and data science ...
This role will partner with a wide range of stakeholders to build underwriting and claims models ... As a member of the Global Risk Management team, this role will provide actuarial and data science ...
This role will partner with a wide range of stakeholders to build underwriting and claims models ... As a member of the Global Risk Management team, this role will provide actuarial and data science ...
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
Senior AI Risk Advisor
Seattle, WA · On-site +1
The Senior AI Risk Advisor, under the direction of the Manager of Risk Operations, sits at the ... Lead AI risk assessments across the full model lifecycle - evaluating third-party AI vendors ...
Senior AI Risk Advisor
Seattle, WA · On-site +1
The Senior AI Risk Advisor, under the direction of the Manager of Risk Operations, sits at the ... Lead AI risk assessments across the full model lifecycle - evaluating third-party AI vendors ...
This role will partner with a wide range of stakeholders to build underwriting and claims models ... As a member of the Global Risk Management team, this role will provide actuarial and data science ...
This role will partner with a wide range of stakeholders to build underwriting and claims models ... As a member of the Global Risk Management team, this role will provide actuarial and data science ...
Senior Associate, National Security-Cyber Security Governance
Seattle, WA · On-site
$113K - $146K/yr
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Senior Associate, National Security-Cyber Security Governance
Seattle, WA · On-site
$113K - $146K/yr
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Senior Associate, National Security-Cyber Security Governance
Seattle, WA · On-site
$113K - $146K/yr
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Senior Associate, National Security-Cyber Security Governance
Seattle, WA · On-site
$113K - $146K/yr
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Risk & Independence Contract Specialist Senior Manager - Advisory Consulting Services
Seattle, WA · On-site
... management, focusing on business continuity and risk model implementation. You will guide teams in identifying and mitigating risks, confirming that operations and core business functions remain ...
Risk & Independence Contract Specialist Senior Manager - Advisory Consulting Services
Seattle, WA · On-site
... management, focusing on business continuity and risk model implementation. You will guide teams in identifying and mitigating risks, confirming that operations and core business functions remain ...
Responsibilities: · Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Responsibilities: · Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
The Benefits Experience and Technology Risk team (BXT Risk) is responsible for managing employee ... models, vendor risk questionnaires, continuous monitoring approaches) - Identify long-term risks ...
The Benefits Experience and Technology Risk team (BXT Risk) is responsible for managing employee ... models, vendor risk questionnaires, continuous monitoring approaches) - Identify long-term risks ...
The Benefits Experience and Technology Risk team (BXT Risk) is responsible for managing employee ... models, vendor risk questionnaires, continuous monitoring approaches) - Identify long-term risks ...
The Benefits Experience and Technology Risk team (BXT Risk) is responsible for managing employee ... models, vendor risk questionnaires, continuous monitoring approaches) - Identify long-term risks ...
The Benefits Experience and Technology Risk team (BXT Risk) is responsible for managing employee ... models, vendor risk questionnaires, continuous monitoring approaches) - Identify long-term risks ...
The Benefits Experience and Technology Risk team (BXT Risk) is responsible for managing employee ... models, vendor risk questionnaires, continuous monitoring approaches) - Identify long-term risks ...
QRM - Contractual Deal Strategy, Contracting and Risk Management - Manager - C_MAT
Seattle, WA · On-site
$101K - $135K/yr
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and ...
QRM - Contractual Deal Strategy, Contracting and Risk Management - Manager - C_MAT
Seattle, WA · On-site
$101K - $135K/yr
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and ...
QRM - Contractual Deal Strategy, LSHC Contracting and Risk Management - Manager - C_MAT
$101K - $135K/yr
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and ...
QRM - Contractual Deal Strategy, LSHC Contracting and Risk Management - Manager - C_MAT
$101K - $135K/yr
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and ...
Senior Regional Risk Manager
Seattle, WA · On-site
... under management, administration and advisement as of year-end 2024. Our team of 22,000 people ... Lead in a hybrid supervision model under the direction of the Region Vice President (RVP) and ...
Senior Regional Risk Manager
Seattle, WA · On-site
... under management, administration and advisement as of year-end 2024. Our team of 22,000 people ... Lead in a hybrid supervision model under the direction of the Region Vice President (RVP) and ...
Enterprise Credit Risk- Senior Manager
Seattle, WA · On-site
$154K - $209K/yr
The analysis combines objective financial modeling with seasoned insight into the underlying ... Work directly with Supply Chain leadership, management and other stakeholders on potential ...
Enterprise Credit Risk- Senior Manager
Seattle, WA · On-site
$154K - $209K/yr
The analysis combines objective financial modeling with seasoned insight into the underlying ... Work directly with Supply Chain leadership, management and other stakeholders on potential ...
Enterprise Credit Risk - Senior Manager
Seattle, WA · On-site
$154K - $209K/yr
The analysis combines objective financial modeling with seasoned insight into the underlying ... Work directly with Supply Chain leadership, management and other stakeholders on potential ...
Enterprise Credit Risk - Senior Manager
Seattle, WA · On-site
$154K - $209K/yr
The analysis combines objective financial modeling with seasoned insight into the underlying ... Work directly with Supply Chain leadership, management and other stakeholders on potential ...
Senior Regional Risk Manager
Tacoma, WA · On-site
... under management, administration and advisement as of year-end 2024. Our team of 22,000 people ... Lead in a hybrid supervision model under the direction of the Region Vice President (RVP) and ...
Senior Regional Risk Manager
Tacoma, WA · On-site
... under management, administration and advisement as of year-end 2024. Our team of 22,000 people ... Lead in a hybrid supervision model under the direction of the Region Vice President (RVP) and ...
Enterprise Risk Management team is looking for a Senior Financial Analyst to help with the ... models, interpret data, draw conclusions, and make recommendations that deliver results, drive ...
Enterprise Risk Management team is looking for a Senior Financial Analyst to help with the ... models, interpret data, draw conclusions, and make recommendations that deliver results, drive ...
Model Risk Management information
See Seattle, WA salary details
$41.5K - $52K
4% of jobs
$52K - $62.5K
13% of jobs
$70.2K is the 25th percentile. Wages below this are outliers.
$62.5K - $73K
11% of jobs
$73K - $83.5K
16% of jobs
The median wage is $86.2K / yr.
$83.5K - $94K
25% of jobs
$99.3K is the 75th percentile. Wages above this are outliers.
$94K - $104.5K
13% of jobs
$104.5K - $115K
8% of jobs
$115K - $125.5K
3% of jobs
$125.5K - $136K
1% of jobs
$136K - $146.5K
1% of jobs
$146.5K - $157K
5% of jobs
$41.5K
$93.7K
$157K
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?

Deloitte rating
8.1
Based on 86 frontline employees who took The Breakroom Quiz
58th of 138 rated financial services
Job description
We are seeking an AI Governance and Privacy Specialist who can operationalize responsible AI in real systems-especially agentic AI and LLM-enabled applications. This role blends governance and privacy expertise with enough software development fluency to create developer-ready guidance, implement controls-as-code patterns, and stand up measurable evaluation and monitoring workflows.
As a Senior Consultant, you will help clients and internal delivery teams move from AI principles to practices: risk tiering, model and agent inventories, technical guardrails, governance workflows integrated into the SDLC, and evidence artifacts suitable for audits and regulators.
Recruiting for this role ends on 12/31/2026.
Work you'll do
As a Senior Consultant, Strategy, Growth and Transformation on the Cyber team, you will be responsible for:
- Designing and implementing AI governance operating models, intake workflows, risk tiering, approvals, documentation standards, exception handling, and audit-ready evidence processes for generative AI and agentic AI deployments.
- Building and maintaining inventories for models, agents, tools, data sources, and integrations, with defined ownership, intended use, risk classification, and change-control requirements.
- Conducting risk assessments across privacy, security, model risk, and misuse scenarios, including prompt injection, sensitive data exposure, excessive agency, and overreliance, and translating findings into implementable mitigations.
- Establishing technical control guidance for teams building agentic AI solutions, including human-in-the-loop patterns, tool access controls, retrieval and grounding practices, logging, monitoring, token and data minimization, and incident response playbooks.
- Integrating governance checkpoints into product and engineering delivery through architecture reviews, release gates, evaluation requirements, documentation automation, evidence capture, dashboards, and cross-functional collaboration with Cybersecurity, Privacy, Legal, Risk, Engineering, and Data Science teams.
A successful candidate would possess these skills:
- Ability to work independently and collaborate as part of a team
- Effective written and verbal communication skills
- Meticulous attention to detail and quality of work product
- Ability to build and sustain professional relationships
- Ability to lead projects or workstreams
- Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
- Strong interpersonal skills and professional demeanor
- Ability to meet deadlines
- Ability to provide clear guidance to others
The team
You will join a cross-functional group working at the intersection of cyber, privacy, governance, and emerging AI delivery. The team helps organizations scale AI responsibly by combining governance and engineering patterns so teams can innovate faster without compromising trust.
Qualifications
Required:
- Bachelor's degree or equivalent practical experience.
- 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk management, or technology risk consulting.
- Experience translating policies and regulatory expectations into operational workflows and artifacts, including intake processes, inventories, decision logs, risk registers, responsibility assignment matrices, playbooks, privacy impact assessments, and data protection impact assessments.
- Experience assessing AI, machine learning, and LLM deployment patterns, including training, retrieval-augmented generation, fine-tuning, tool use, data dependencies, and integration patterns, and defining mitigations for privacy, security, model risk, and misuse.
- Experience prototyping or automating governance workflows using Python or Structured Query Language and working with continuous integration and continuous deployment pipelines and cloud deployment basics.
- Ability to travel 0-50%, on average, based on the work you do and the clients and industries/sectors you serve.
- Limited immigration sponsorship may be available.
Preferred:
- Experience in consulting or a Big 4 environment.
- Experience operationalizing AI governance aligned to the National Institute of Standards and Technology AI Risk Management Framework or ISO/IEC 42001.
- Experience with generative AI safety and evaluation practices, including prompt injection testing, jailbreak resilience, hallucination measurement, toxicity scoring, harm scoring, and grounding effectiveness.
- Experience with governance, workflow, or ticketing platforms, including OneTrust and governance, risk, and compliance systems, and integrating those platforms into engineering delivery processes.
- Certifications such as Certified Information Privacy Professional/United States, Certified Information Privacy Manager, International Association of Privacy Professionals AI Governance Professional, Certified Information Security Manager, or Certified Information Systems Security Professional.
- Experience in cyber or enterprise security environments, including data security, identity, audit logging, secure software development lifecycle practices, human-in-the-loop escalation pathways, exception handling, and automated safety protocols for autonomous systems.
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $105,400 to $207,800.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
#CyberDTP27
We are seeking an AI Governance and Privacy Specialist who can operationalize responsible AI in real systems-especially agentic AI and LLM-enabled applications. This role blends governance and privacy expertise with enough software development fluency to create developer-ready guidance, implement controls-as-code patterns, and stand up measurable evaluation and monitoring workflows.
As a Senior Consultant, you will help clients and internal delivery teams move from AI principles to practices: risk tiering, model and agent inventories, technical guardrails, governance workflows integrated into the SDLC, and evidence artifacts suitable for audits and regulators.
Recruiting for this role ends on 12/31/2026.
Work you'll do
As a Senior Consultant, Strategy, Growth and Transformation on the Cyber team, you will be responsible for:
- Designing and implementing AI governance operating models, intake workflows, risk tiering, approvals, documentation standards, exception handling, and audit-ready evidence processes for generative AI and agentic AI deployments.
- Building and maintaining inventories for models, agents, tools, data sources, and integrations, with defined ownership, intended use, risk classification, and change-control requirements.
- Conducting risk assessments across privacy, security, model risk, and misuse scenarios, including prompt injection, sensitive data exposure, excessive agency, and overreliance, and translating findings into implementable mitigations.
- Establishing technical control guidance for teams building agentic AI solutions, including human-in-the-loop patterns, tool access controls, retrieval and grounding practices, logging, monitoring, token and data minimization, and incident response playbooks.
- Integrating governance checkpoints into product and engineering delivery through architecture reviews, release gates, evaluation requirements, documentation automation, evidence capture, dashboards, and cross-functional collaboration with Cybersecurity, Privacy, Legal, Risk, Engineering, and Data Science teams.
A successful candidate would possess these skills:
- Ability to work independently and collaborate as part of a team
- Effective written and verbal communication skills
- Meticulous attention to detail and quality of work product
- Ability to build and sustain professional relationships
- Ability to lead projects or workstreams
- Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
- Strong interpersonal skills and professional demeanor
- Ability to meet deadlines
- Ability to provide clear guidance to others
The team
You will join a cross-functional group working at the intersection of cyber, privacy, governance, and emerging AI delivery. The team helps organizations scale AI responsibly by combining governance and engineering patterns so teams can innovate faster without compromising trust.
Qualifications
Required:
- Bachelor's degree or equivalent practical experience.
- 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk management, or technology risk consulting.
- Experience translating policies and regulatory expectations into operational workflows and artifacts, including intake processes, inventories, decision logs, risk registers, responsibility assignment matrices, playbooks, privacy impact assessments, and data protection impact assessments.
- Experience assessing AI, machine learning, and LLM deployment patterns, including training, retrieval-augmented generation, fine-tuning, tool use, data dependencies, and integration patterns, and defining mitigations for privacy, security, model risk, and misuse.
- Experience prototyping or automating governance workflows using Python or Structured Query Language and working with continuous integration and continuous deployment pipelines and cloud deployment basics.
- Ability to travel 0-50%, on average, based on the work you do and the clients and industries/sectors you serve.
- Limited immigration sponsorship may be available.
Preferred:
- Experience in consulting or a Big 4 environment.
- Experience operationalizing AI governance aligned to the National Institute of Standards and Technology AI Risk Management Framework or ISO/IEC 42001.
- Experience with generative AI safety and evaluation practices, including prompt injection testing, jailbreak resilience, hallucination measurement, toxicity scoring, harm scoring, and grounding effectiveness.
- Experience with governance, workflow, or ticketing platforms, including OneTrust and governance, risk, and compliance systems, and integrating those platforms into engineering delivery processes.
- Certifications such as Certified Information Privacy Professional/United States, Certified Information Privacy Manager, International Association of Privacy Professionals AI Governance Professional, Certified Information Security Manager, or Certified Information Systems Security Professional.
- Experience in cyber or enterprise security environments, including data security, identity, audit logging, secure software development lifecycle practices, human-in-the-loop escalation pathways, exception handling, and automated safety protocols for autonomous systems.
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $105,400 to $207,800.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
#CyberDTP27