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Model Risk Manager Jobs in Connecticut (NOW HIRING)

The Hartford

Senior Risk Analyst, CAT

Hartford, CT

The Senior Risk Analyst will support reporting of key catastrophe modeling metrics for Middle and Large Business . The position will report to the Senior Director of ERM Insurance Risk Management. We ...

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All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Connecticut

Model Risk Manager information

See Connecticut salary details

$49K

$106.1K

$161.7K

How much do model risk manager jobs pay per year?

As of Jul 10, 2026, the average yearly pay for model risk manager in Connecticut is $106,122.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,700.00 per year, depending on experience, location, and employer.

What are some common challenges a Model Risk Manager faces when validating complex financial models?

Model Risk Managers often encounter challenges such as limited or incomplete data, evolving regulatory requirements, and the need to validate highly complex or proprietary models. They must work closely with model developers, quantitative analysts, and compliance teams to ensure all assumptions and methodologies are sound. Staying up to date with industry best practices and maintaining clear documentation are also crucial, as is effectively communicating findings to both technical and non-technical stakeholders.

What is the difference between Model Risk Manager vs Quantitative Analyst?

AspectModel Risk ManagerQuantitative Analyst
Required CredentialsAdvanced degrees in finance, statistics, or mathematics; certifications like FRM or CFADegree in finance, economics, mathematics, or related fields; often CFA or CQF
Work EnvironmentFocus on risk management teams within financial institutions; regulatory complianceAnalytical roles within trading, investment, or banking divisions; model development
Employer & Industry UsageFinancial institutions, banks, asset managersInvestment 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?

To thrive as a Model Risk Manager, you need a solid background in quantitative finance, statistics, or mathematics, often supported by an advanced degree and experience in model development or validation. Familiarity with programming languages such as Python or R, risk management frameworks, and regulatory requirements like SR 11-7 or ECB guidelines is typically expected. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for articulating complex model risks to stakeholders. These competencies are vital for ensuring the accuracy, compliance, and reliability of financial models within an organization.

What does a Model Risk Manager do?

A Model Risk Manager is responsible for identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. They ensure that models are accurate, reliable, and compliant with regulatory standards by overseeing validation processes and monitoring model performance. Their role often includes collaborating with model developers, conducting independent reviews, and implementing model governance frameworks to minimize potential losses or errors stemming from model misuse or inaccuracies.
What are popular job titles related to Model Risk Manager jobs in Connecticut? For Model Risk Manager jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Connecticut look for? The top searched job categories for Model Risk Manager jobs in Connecticut are:
What cities in Connecticut are hiring for Model Risk Manager jobs? Cities in Connecticut with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Connecticut as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $106,122 per year, or $51 per hour.
Specialist Manager, Risk and Compliance Services (Conflicts CoE)

Specialist Manager, Risk and Compliance Services (Conflicts CoE)

Deloitte

Hartford, CT

Other

Posted 10 days ago

Deloitte rating

8.0

Company rating: 8.0 out of 10

Based on 89 frontline employees who took The Breakroom Quiz

71st of 146 rated financial services

Job description

As a Manager in the Independence & Conflicts Network focusing on engagement matters, you'll operate at the intersection of regulatory compliance and client service delivery - advising Deloitte engagement teams on auditor independence requirements and their impacts on the professional services environment. In this highly consultative role, you'll work closely with Deloitte engagement teams and help them navigate independence considerations so they can deliver services confidently while complying with the applicable independence regulations. In addition, you'll collaborate with Deloitte engagement teams across our business functions (e.g., Consulting Services, Tax, Audit & Assurance), offering the unique opportunity to broaden your horizons and build a deeper understanding of the firm's Multi-Disciplinary Model (MDM). Success in this role requires strong research and investigative skills and the ability to apply professional judgment under time pressure - regularly partnering with ICN and engagement leadership to frame issues clearly, align on independence risks, and drive timely decisions across a high volume of simultaneous consultation matters. 

Recruiting for this role ends on 7/31/26.

Work you'll do

As a Specialist Manager, this role will involve:
  • Leading conflict check or engagement consultation cases end to end - from initial intake through final deliverable - including reviewing requests for completeness, assessing potential conflicts of interest, communicating with engagement teams on timelines and status, and escalating matters to appropriate stakeholders to support timely resolution.
  • Analyzing proposed client services and relationships against applicable auditor independence requirements and evaluating potential independence risks, including navigating the nuances and complexities of client structures, affiliate relationships, and emerging technology-enabled capabilities, with the ability to apply new requirements on the fly as the regulatory landscape evolves.
  • Advising Partners, Principals, Managing Directors, Senior Managers, and client service leadership on engagement-related independence matters involving client services, affiliate relationships, mergers and acquisitions, initial public offerings, and emerging technology-enabled capabilities.
  • Performing research, drafting conclusions and communications, and strategizing on next steps in coordination with senior team members, managing multiple active consultation matters simultaneously and responding to client-facing teams with urgency and precision.
  • Interpreting and applying American Institute of Certified Public Accountants (AICPA), Securities and Exchange Commission (SEC), and Public Company Accounting Oversight Board (PCAOB) independence rules, as well as Deloitte US Firms independence policies.
  • Partnering with Lead Client Service Partners, Independence Directors, global Conflicts teams, and professionals across Deloitte businesses and member firms to support consistent, high-quality service delivery and practical resolution of independence and conflict matters.
  • Reviewing work product and providing constructive feedback to team members; supporting performance management, training, and team development; and contributing to operational improvement initiatives including workflow streamlining and process refinement.
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 mentor and provide clear guidance to others
The team
Independence & Conflicts Network (ICN) performs a critical consultation and risk-management function for the Deloitte US Firms, protecting Deloitte from conflicts of interest and keeping the Deloitte US Firms independent, objective, and impartial, in fact and appearance, when providing services to attest/audit clients and their affiliates. Independence requirements are defined by specific sets of policies, external rules, and regulations, so maintaining independence is essential to the business and reputation of Deloitte.

ICN is part of Deloitte Risk & Brand Protection. At Deloitte, we are stewards of reputation-ours and our clients. That's why we foster a culture that protects, preserves, and enhances our reputation. With your help, we will distinguish Deloitte as the clear leader in professional services, making us the first choice for clients and talent.

Qualifications
Required:
  • Bachelor's degree in accounting, finance, business, compliance, law, or another related field
  • 5+ years of experience in professional services, compliance, risk management, accounting, finance, legal, or audit environments
  • Proficiency with Microsoft Word, PowerPoint, OneNote, Teams, and other standard office productivity tools
  • Experience using artificial intelligence-enabled tools or emerging technology solutions to support research, analysis, documentation, or communication
  • Ability to travel 0-10%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Limited immigration sponsorship may be available.
Preferred:
  • Certified Public Accountant (CPA) license and/or advanced degree in finance, accounting, business, or law
  • Experience in regulatory compliance, risk assessment, internal controls, and interpretation of rules, regulations, and standards
  • Proven application of independence requirements for professional auditing firms
  • Knowledge of International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP)
  • Experience in public accounting
  • Strong understanding of Deloitte businesses, service offerings, or service delivery models
  • Experience in conflicts, independence, or a closely related risk-management function within a professional services or auditing environment
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 $93000 to $171300.

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.

EA_ExpHire,EA_RBP_ExpHire 

Qualifications:
As a Manager in the Independence & Conflicts Network focusing on engagement matters, you'll operate at the intersection of regulatory compliance and client service delivery - advising Deloitte engagement teams on auditor independence requirements and their impacts on the professional services environment. In this highly consultative role, you'll work closely with Deloitte engagement teams and help them navigate independence considerations so they can deliver services confidently while complying with the applicable independence regulations. In addition, you'll collaborate with Deloitte engagement teams across our business functions (e.g., Consulting Services, Tax, Audit & Assurance), offering the unique opportunity to broaden your horizons and build a deeper understanding of the firm's Multi-Disciplinary Model (MDM). Success in this role requires strong research and investigative skills and the ability to apply professional judgment under time pressure - regularly partnering with ICN and engagement leadership to frame issues clearly, align on independence risks, and drive timely decisions across a high volume of simultaneous consultation matters. 

Recruiting for this role ends on 7/31/26.

Work you'll do

As a Specialist Manager, this role will involve:
  • Leading conflict check or engagement consultation cases end to end - from initial intake through final deliverable - including reviewing requests for completeness, assessing potential conflicts of interest, communicating with engagement teams on timelines and status, and escalating matters to appropriate stakeholders to support timely resolution.
  • Analyzing proposed client services and relationships against applicable auditor independence requirements and evaluating potential independence risks, including navigating the nuances and complexities of client structures, affiliate relationships, and emerging technology-enabled capabilities, with the ability to apply new requirements on the fly as the regulatory landscape evolves.
  • Advising Partners, Principals, Managing Directors, Senior Managers, and client service leadership on engagement-related independence matters involving client services, affiliate relationships, mergers and acquisitions, initial public offerings, and emerging technology-enabled capabilities.
  • Performing research, drafting conclusions and communications, and strategizing on next steps in coordination with senior team members, managing multiple active consultation matters simultaneously and responding to client-facing teams with urgency and precision.
  • Interpreting and applying American Institute of Certified Public Accountants (AICPA), Securities and Exchange Commission (SEC), and Public Company Accounting Oversight Board (PCAOB) independence rules, as well as Deloitte US Firms independence policies.
  • Partnering with Lead Client Service Partners, Independence Directors, global Conflicts teams, and professionals across Deloitte businesses and member firms to support consistent, high-quality service delivery and practical resolution of independence and conflict matters.
  • Reviewing work product and providing constructive feedback to team members; supporting performance management, training, and team development; and contributing to operational improvement initiatives including workflow streamlining and process refinement.
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 mentor and provide clear guidance to others
The team
Independence & Conflicts Network (ICN) performs a critical consultation and risk-management function for the Deloitte US Firms, protecting Deloitte from conflicts of interest and keeping the Deloitte US Firms independent, objective, and impartial, in fact and appearance, when providing services to attest/audit clients and their affiliates. Independence requirements are defined by specific sets of policies, external rules, and regulations, so maintaining independence is essential to the business and reputation of Deloitte.

ICN is part of Deloitte Risk & Brand Protection. At Deloitte, we are stewards of reputation-ours and our clients. That's why we foster a culture that protects, preserves, and enhances our reputation. With your help, we will distinguish Deloitte as the clear leader in professional services, making us the first choice for clients and talent.

Qualifications
Required:
  • Bachelor's degree in accounting, finance, business, compliance, law, or another related field
  • 5+ years of experience in professional services, compliance, risk management, accounting, finance, legal, or audit environments
  • Proficiency with Microsoft Word, PowerPoint, OneNote, Teams, and other standard office productivity tools
  • Experience using artificial intelligence-enabled tools or emerging technology solutions to support research, analysis, documentation, or communication
  • Ability to travel 0-10%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Limited immigration sponsorship may be available.
Preferred:
  • Certified Public Accountant (CPA) license and/or advanced degree in finance, accounting, business, or law
  • Experience in regulatory compliance, risk assessment, internal controls, and interpretation of rules, regulations, and standards
  • Proven application of independence requirements for professional auditing firms
  • Knowledge of International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP)
  • Experience in public accounting
  • Strong understanding of Deloitte businesses, service offerings, or service delivery models
  • Experience in conflicts, independence, or a closely related risk-management function within a professional services or auditing environment
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 compensat...

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