National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The Risk Manager role involves providing quality and risk management support throughout the ...
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The Risk Manager role involves providing quality and risk management support throughout the ...
QRM - Contractual Deal Strategy, LSHC Contracting and Risk Management - Manager - C_MAT
$85K - $114K/yr
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The Risk Manager role involves providing quality and risk management support throughout the ...
QRM - Contractual Deal Strategy, LSHC Contracting and Risk Management - Manager - C_MAT
$85K - $114K/yr
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The Risk Manager role involves providing quality and risk management support throughout the ...
You will be responsible for managing business partner relationships within the region. Risk ... Comfortable with technology, building information modeling, and standard computer software programs ...
You will be responsible for managing business partner relationships within the region. Risk ... Comfortable with technology, building information modeling, and standard computer software programs ...
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 ...
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 ...
You will be responsible for managing business partner relationships within the region. Risk ... Comfortable with technology, building information modeling, and standard computer software programs ...
You will be responsible for managing business partner relationships within the region. Risk ... Comfortable with technology, building information modeling, and standard computer software programs ...
Data Scientist Lead
Phoenix, AZ · On-site
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 ...
Data Scientist Lead
Phoenix, AZ · On-site
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 ...
Attend semiannual meetings with ERM-Model Risk Management team and make updates to models and non-model tools inventory lists and work papers. * Maintain and update FARB work papers, which serve as ...
Attend semiannual meetings with ERM-Model Risk Management team and make updates to models and non-model tools inventory lists and work papers. * Maintain and update FARB work papers, which serve as ...
GRC Enterprise Risk Management Director Location: CityScape What you'll do: As an ERM GRC Director ... Lead and develop a high performing GRC team and stakeholder model. Build and lead a strong GRC team ...
GRC Enterprise Risk Management Director Location: CityScape What you'll do: As an ERM GRC Director ... Lead and develop a high performing GRC team and stakeholder model. Build and lead a strong GRC team ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Helps ensure technology-related risks are managed consistent with enterprise risk appetite ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Helps ensure technology-related risks are managed consistent with enterprise risk appetite ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Helps ensure technology-related risks are managed consistent with enterprise risk appetite ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Helps ensure technology-related risks are managed consistent with enterprise risk appetite ...
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 ...
Senior Associate, National Security-Cyber Security Governance
Phoenix, AZ · On-site
$99K - $128K/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
Phoenix, AZ · On-site
$99K - $128K/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
Phoenix, AZ · On-site
$99K - $128K/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
Phoenix, AZ · On-site
$99K - $128K/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 ...
Audit Project Manager - Finance Organization
$103K - $135K/yr
... risk mgmt. and model risk mgmt.) and certain corporate functions including HR, marketing, and legal. * Relevant certifications required (i.e., CPA, CFA, or CIA) * Prior relevant experience in ...
Audit Project Manager - Finance Organization
$103K - $135K/yr
... risk mgmt. and model risk mgmt.) and certain corporate functions including HR, marketing, and legal. * Relevant certifications required (i.e., CPA, CFA, or CIA) * Prior relevant experience in ...
Define and evolve the cybersecurity risk management strategy and operating model, ensuring alignment with enterprise risk appetite, regulatory requirements, and business priorities. * Translate cyber ...
Define and evolve the cybersecurity risk management strategy and operating model, ensuring alignment with enterprise risk appetite, regulatory requirements, and business priorities. * Translate cyber ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Helps ensure technology-related risks are managed consistent with enterprise risk appetite ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Helps ensure technology-related risks are managed consistent with enterprise risk appetite ...
Audit Project Manager - Finance Organization
$102K - $134K/yr
... risk mgmt. and model risk mgmt.) and certain corporate functions including HR, marketing, and legal. * Relevant certifications required (i.e., CPA, CFA, or CIA) * Prior relevant experience in ...
Audit Project Manager - Finance Organization
$102K - $134K/yr
... risk mgmt. and model risk mgmt.) and certain corporate functions including HR, marketing, and legal. * Relevant certifications required (i.e., CPA, CFA, or CIA) * Prior relevant experience in ...
Define and evolve the cybersecurity risk management strategy and operating model, ensuring alignment with enterprise risk appetite, regulatory requirements, and business priorities. * Translate cyber ...
Define and evolve the cybersecurity risk management strategy and operating model, ensuring alignment with enterprise risk appetite, regulatory requirements, and business priorities. * Translate cyber ...
Audit Project Manager - Finance Organization
Phoenix, AZ · On-site
$103K - $135K/yr
... risk mgmt. and model risk mgmt.) and certain corporate functions including HR, marketing, and legal. * Relevant certifications required (i.e., CPA, CFA, or CIA) * Prior relevant experience in ...
Audit Project Manager - Finance Organization
Phoenix, AZ · On-site
$103K - $135K/yr
... risk mgmt. and model risk mgmt.) and certain corporate functions including HR, marketing, and legal. * Relevant certifications required (i.e., CPA, CFA, or CIA) * Prior relevant experience in ...
Model Risk Manager information
See Arizona salary details
$48K - $58K
4% of jobs
$58K - $68.1K
6% of jobs
$68.1K - $78.1K
11% of jobs
$81.9K is the 25th percentile. Wages below this are outliers.
$78.1K - $88.1K
11% of jobs
The median wage is $96.1K / yr.
$88.1K - $98.2K
23% of jobs
$98.2K - $108.2K
13% of jobs
$114.8K is the 75th percentile. Wages above this are outliers.
$108.2K - $118.3K
12% of jobs
$118.3K - $128.3K
8% of jobs
$128.3K - $138.3K
6% of jobs
$138.3K - $148.4K
4% of jobs
$148.4K - $158.4K
2% of jobs
$48K
$104K
$158.4K
How much do model risk manager jobs pay per year?
What are some common challenges a Model Risk Manager faces when validating complex financial models?
What is the difference between Model Risk Manager vs Quantitative Analyst?
| Aspect | Model Risk Manager | Quantitative Analyst |
|---|---|---|
| Required Credentials | Advanced degrees in finance, statistics, or mathematics; certifications like FRM or CFA | Degree in finance, economics, mathematics, or related fields; often CFA or CQF |
| Work Environment | Focus on risk management teams within financial institutions; regulatory compliance | Analytical roles within trading, investment, or banking divisions; model development |
| Employer & Industry Usage | Financial institutions, banks, asset managers | Investment firms, hedge funds, banks, financial services |
The Model Risk Manager primarily oversees and mitigates risks associated with financial models, ensuring compliance and accuracy. In contrast, Quantitative Analysts develop and implement models to support trading, investment, or risk strategies. While both roles require strong quantitative skills and similar credentials, their focus areas differ—risk management versus model development and analysis.
What are the key skills and qualifications needed to thrive as a Model Risk Manager, and why are they important?
What does a Model Risk Manager do?
$85K - $114K/yr
Other
Posted 7 days ago
Deloitte rating
8.1
Based on 90 frontline employees who took The Breakroom Quiz
60th of 148 rated financial services
Job description
National Office Team
The National Office, a key Strategic Enabler in our new model, is comprised of professionals with various areas of focus that collectively provide mission critical services to support Deloitte's overall success. Whether focused on project financials, quality and risk management, methods and tools, sales excellence, talent, leadership support, or other activities, these professionals ensure that our Firm operates efficiently and that our people are able to effectively serve clients every day.
Recruiting for this role ends on 08/04/2026.
The Team: The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation.
Work you'll do
Deloitte Consulting LLP's Quality and Risk Management group is seeking a Risk Manager to join the Financial Services and Energy, Resources, & Industrials Industry Risk Management teams, splitting time across those two industries. Successful candidates will have extensive experience in identifying and mitigating business and contract risks associated with the provision of professional consulting services heavily centered on technology services; successful candidates will also have basic fluency in Managed Services. The Risk Manager role involves providing quality and risk management support throughout the opportunity and engagement lifecycle, including risk consultations to opportunity pursuit teams, reviewing and revising as applicable draft contracts (Statements of Work, Engagement Letters, Change Orders, Subcontractor Agreements, and related services contracts) for professional services, assisting in and at times leading negotiations with clients and other third parties, monitoring and mitigating risk during engagement execution, and serving as a trusted risk advisor to senior client service executives while protecting the Firm. Job functions include:
- Deal Support, Contracting, and Negotiations
- Assist with deal desk and contract review activities. Support our sales team with deal and contract structuring, RFI/RFP/Proposals, contract review, drafting custom provisions, and negotiations.
- Intersect with various functions - including sales, legal, finance, and delivery - to act as a strategic advisor to help manage deal flow and to optimize sales and contracting cycles.
- Work closely with deal teams and legal in reviewing, advancing, and negotiating agreements such as master agreements, confidentiality agreements, and teaming agreements. Own risk consultation and contracting review of scope of work / SOW documents and related schedules.
- Drive the appropriate level of contractual sufficiency into the agreements such that intent of the parties on all contractual dimensions is clear.
- Ongoing and Post-Execution Risk Management and Contracting Support
- Assist with ongoing contracting, risk management, and mitigation support for ongoing contracting requirements - SOWs, Change Orders, amendments, and renewals.
- Work actively with account leadership and quality team to identify and help mitigate post-signature delivery and engagement risks.
- Facilitate continued compliance with contractually required policies and processes and with the Firm's internal policies.
- Knowledge Management and Training Support
- Maintain knowledge of core professional services (e.g., IT, Managed Services, Outsourcing) and product offerings to continue supporting contracting and risk matters in a fast-paced, constantly changing environment.
- Proactively pursue, assess, and, where appropriate, advance firm's initiatives, including in the areas of software, cloud, data analytics, operate services, Generative AI, and privacy & security.
- Support strategic initiatives pertaining to development / updating of processes, tools, and templates to improve overall risk management and contracting practices and to help drive adoption of such processes, tools, and templates.
A successful candidate will possess these skills:
- Strong understanding of professional services contracting lifecycle, with an emphasis on technology services
- Proven track record influencing a diverse set of stakeholders and driving common outcomes, with a strong understanding of commercial contracting processes, including terms and conditions
- Outstanding verbal / written communication, collaboration, and negotiation skills to lead an environment driven by customer service and teamwork
- Excellent leadership skills, including ability to prioritize critical needs, act decisively, and handle a high volume of complex tasks within a given timeframe
- Experience in reviewing and advancing scope of work documents, with a focus on incorporating actionable and measurable guidance to address specific risks around delivery execution
- Proven willingness to listen and learn, and a consistent record of making and explaining appropriate decisions (even when this leads to tough business discussions)
- Financial Services and/or Energy, Resources, & Industrials industry experience, with an understanding of the unique risks affecting those industries
- Experience handling risk issues pertaining to some combination of outsourcing, cloud software, software licensing, and alliance agreements
Qualifications
Required:
- Experience Requirements: Minimum 5-8 years of direct contract negotiation for technology services or experience in the Consulting/Professional Services space
- Education: BBA/BA/BS in related field
- Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Preferred:
- Technology delivery and implementation services experience
- Education: Masters' Degree
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 $122,000.00 to $240,500.00.
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.
Qualifications:
National Office Team
The National Office, a key Strategic Enabler in our new model, is comprised of professionals with various areas of focus that collectively provide mission critical services to support Deloitte's overall success. Whether focused on project financials, quality and risk management, methods and tools, sales excellence, talent, leadership support, or other activities, these professionals ensure that our Firm operates efficiently and that our people are able to effectively serve clients every day.
Recruiting for this role ends on 08/04/2026.
The Team: The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation.
Work you'll do
Deloitte Consulting LLP's Quality and Risk Management group is seeking a Risk Manager to join the Financial Services and Energy, Resources, & Industrials Industry Risk Management teams, splitting time across those two industries. Successful candidates will have extensive experience in identifying and mitigating business and contract risks associated with the provision of professional consulting services heavily centered on technology services; successful candidates will also have basic fluency in Managed Services. The Risk Manager role involves providing quality and risk management support throughout the opportunity and engagement lifecycle, including risk consultations to opportunity pursuit teams, reviewing and revising as applicable draft contracts (Statements of Work, Engagement Letters, Change Orders, Subcontractor Agreements, and related services contracts) for professional services, assisting in and at times leading negotiations with clients and other third parties, monitoring and mitigating risk during engagement execution, and serving as a trusted risk advisor to senior client service executives while protecting the Firm. Job functions include:
- Deal Support, Contracting, and Negotiations
- Assist with deal desk and contract review activities. Support our sales team with deal and contract structuring, RFI/RFP/Proposals, contract review, drafting custom provisions, and negotiations.
- Intersect with various functions - including sales, legal, finance, and delivery - to act as a strategic advisor to help manage deal flow and to optimize sales and contracting cycles.
- Work closely with deal teams and legal in reviewing, advancing, and negotiating agreements such as master agreements, confidentiality agreements, and teaming agreements. Own risk consultation and contracting review of scope of work / SOW documents and related schedules.
- Drive the appropriate level of contractual sufficiency into the agreements such that intent of the parties on all contractual dimensions is clear.
- Ongoing and Post-Execution Risk Management and Contracting Support
- Assist with ongoing contracting, risk management, and mitigation support for ongoing contracting requirements - SOWs, Change Orders, amendments, and renewals.
- Work actively with account leadership and quality team to identify and help mitigate post-signature delivery and engagement risks.
- Facilitate continued compliance with contractually required policies and processes and with the Firm's internal policies.
- Knowledge Management and Training Support
- Maintain knowledge of core professional services (e.g., IT, Managed Services, Outsourcing) and product offerings to continue supporting contracting and risk matters in a fast-paced, constantly changing environment.
- Proactively pursue, assess, and, where appropriate, advance firm's initiatives, including in the areas of software, cloud, data analytics, operate services, Generative AI, and privacy & security.
- Support strategic initiatives pertaining to development / updating of processes, tools, and templates to improve overall risk management and contracting practices and to help drive adoption of such processes, tools, and templates.
A successful candidate will possess these skills:
- Strong understanding of professional services contracting lifecycle, with an emphasis on technology services
- Proven track record influencing a diverse set of stakeholders and driving common outcomes, with a strong understanding of commercial contracting processes, including terms and conditions
- Outstanding verbal / written communication, collaboration, and negotiation skills to lead an environment driven by customer service and teamwork
- Excellent leadership skills, including ability to prioritize critical needs, act decisively, and handle a high volume of complex tasks within a given timeframe
- Experience in reviewing and advancing scope of work documents, with a focus on incorporating actionable and measurable guidance to address specific risks around delivery execution
- Proven willingness to listen and learn, and a consistent record of making and explaining appropriate decisions (even when this leads to tough business discussions)
- Financial Services and/or Energy, Resources, & Industrials industry experience, with an understanding of the unique risks affecting those industries
- Experience handling risk issues pertaining to some combination of outsourcing, cloud software, software licensing, and alliance agreements
Qualifications
Required:
- Experience Requirements: Minimum 5-8 years of direct contract negotiation for technology services or experience in the Consulting/Professional Services space
- Education: BBA/BA/BS in related field
- Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Preferred:
- Technology delivery and implementation services experience
- Education: Masters' Degree
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 i...