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Model Risk Manager Jobs in Florida (NOW HIRING)

Model/Analysis/Validation Officer

Tampa, FL · On-site

$134K - $180K/yr

A. seeks a Model/Analysis/Validation Officer for its Tampa, Florida location. Duties: Build market ... Work with market risk management systems, data flow, data definition and data requirements for ...

TheERP Risk and Automation Services (ERAS) Consulting practice,assistswith various consulting ... Model RSM's core values: caring, curious, collaborative, courageous, and critical thinking * Manage ...

Insider Risk Lead

Daytona Beach, FL · On-site

$200K - $225K/yr

... Risk Management Program. This role will lead strategy, detection, investigations, and cross ... Establish operational models for monitoring, escalation, and executive reporting. Threat Detection ...

Insider Risk Lead

Daytona Beach, FL · On-site +1

$200K - $225K/yr

... Risk Management Program. This role will lead strategy, detection, investigations, and cross ... Establish operational models for monitoring, escalation, and executive reporting. Threat Detection ...

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Model Risk Manager information

See Florida salary details

$38.5K

$83.4K

$127K

How much do model risk manager jobs pay per year?

As of Jun 8, 2026, the average yearly pay for model risk manager in Florida is $83,365.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,300.00 and $96,400.00 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 job categories do people searching Model Risk Manager jobs in Florida look for? The top searched job categories for Model Risk Manager jobs in Florida are:
What cities in Florida are hiring for Model Risk Manager jobs? Cities in Florida with the most Model Risk Manager job openings:
Model/Analysis/Validation Officer

Model/Analysis/Validation Officer

Citigroup, Inc.

Tampa, FL • On-site

$134K - $180K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

Citibank, N.A. seeks a Model/Analysis/Validation Officer for its Tampa, Florida location.
Duties: Build market risk models for the purpose of regulatory capital calculation and stressing testing in order to ensure compliance with global regulatory frameworks while providing critical insights into the firm's exposure to market fluctuations. Conduct model changes and address model limitations to improve the model performance in response of regulatory requirement or Front office request. Develop and implement market risk model methodologies, algorithms, and diagnostic tools, integrating quantitative risk measuring work (including backtesting, sensitivity analysis, assumption analysis, data quality, model reliability, stability, and stress testing) to ensure model robustness, performance, and to assess and monitor model limitations. Work with market risk management systems, data flow, data definition and data requirements for various trading products, and conduct multiple analyses to meet risk managers and business needs. Collaborate with various working groups, senior model developers, risk managers, business clients, model validators, Risk IT, internal and external auditors, and regulators to assist with Model Risk Management and fulfill internal risk management requirements. Conduct on-going model performance analysis to discover, understand and quantify model limitations, providing comprehensive interpretations, explanations, and conclusions for resolving model issues. Work within Windows and Linux as programming environment and use Python, R, and SQL. Develop, maintain and enhance technical documentation including project plans, model description, mathematical derivations, data analysis, process and quality controls. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Requirements: Requires a Master's degree, or foreign equivalent, in Financial Mathematics, Mathematics, Statistics, or related field and 4 years of experience as a Model/Analysis/Validation Officer, Model/Analysis/Validation Senior Analyst, Model/Analysis/Validation Intermediate Analyst or related position developing tools for measuring financial models to ensure the reliability, accuracy, and stability of quantitative models used in risk management. Alternatively, employer will accept a Bachelor's degree in the stated fields and 6 years of progressively responsible, post-baccalaureate experience in the stated positions. Full span of experience must include: Supporting market risk analytics projects in FRTB, CCAR, and ICAAP; Developing market risk models for quantifying market risk exposure for trading books and for calculating regulatory capital; Implementing new models, resolve production issues and enhance existing implementation; Calibrating model parameters, performing variance analysis; Perform ongoing analysis of models, including backtesting and profit attribution analysis (PAA); Engaging market risk managers; Developing and maintaining technical documentation; and Utilizing quantitative methodologies including linear and non-linear regression, Monte Carlo Simulation, Numerical analysis method, Scenario Analysis and stress testing frameworks.
Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID # 26953616. EO Employer.
Wage Range: $134,000 to $180,218
Job Family Group: Risk Management
Job Family: Model Development and Analytics
Job Family Group:
Job Family:
Time Type:
Full time
Primary Location:
Tampa Florida United States
Primary Location Full Time Salary Range:
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
Jun 17, 2026
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