Consulted often by others for advice and opinions and recognized as a leadership role model ... Understanding of risk management practices and methodologies, including operational risk frameworks ...
Consulted often by others for advice and opinions and recognized as a leadership role model ... Understanding of risk management practices and methodologies, including operational risk frameworks ...
Consulted often by others for advice and opinions and recognized as a leadership role model ... Understanding of risk management practices and methodologies, including operational risk frameworks ...
Consulted often by others for advice and opinions and recognized as a leadership role model ... Understanding of risk management practices and methodologies, including operational risk frameworks ...
Experience researching and modeling risk across departments. * Ability to develop and execute structured testing plans for system risk management. * Excellent organizational skills to manage multiple ...
Quick apply
Experience researching and modeling risk across departments. * Ability to develop and execute structured testing plans for system risk management. * Excellent organizational skills to manage multiple ...
Fraud Program Manager
Miami, FL · On-site
This position requires advanced expertise in fraud risk, model governance, and cross-functional ... Lead and manage fraud detection activities, ensuring effective monitoring and resolution of alerts.
Fraud Program Manager
Miami, FL · On-site
This position requires advanced expertise in fraud risk, model governance, and cross-functional ... Lead and manage fraud detection activities, ensuring effective monitoring and resolution of alerts.
This position requires advanced expertise in fraud risk, model governance, and cross-functional ... Lead and manage fraud detection activities, ensuring effective monitoring and resolution of alerts.
This position requires advanced expertise in fraud risk, model governance, and cross-functional ... Lead and manage fraud detection activities, ensuring effective monitoring and resolution of alerts.
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
Risk & Independence Contract Specialist Senior Manager - Advisory Consulting Services
Tampa, FL · On-site
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
Risk & Independence Contract Specialist Senior Manager - Advisory Consulting Services
Tampa, FL · On-site
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
AVP, IT & AI Governance
Fort Lauderdale, FL · On-site
$150K - $187K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
Fort Lauderdale, FL · On-site
$150K - $187K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
$150K - $187K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
$150K - $187K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
Coral Gables, FL · On-site
$150K - $187K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
AVP, IT & AI Governance
Coral Gables, FL · On-site
$150K - $187K/yr
The AVP will oversee IT governance, AI governance, model risk alignment, technology risk management, and regulatory compliance across the organization. This role serves as a key control function ...
Director, AI Enablement & Governance
Fort Lauderdale, FL · On-site
$222K - $232K/yr
Strong understanding of machine learning lifecycle, model risk management, and data governance. * Familiarity with AI regulations, ethical frameworks, and industry standards. * Experience working ...
Quick apply
Director, AI Enablement & Governance
Fort Lauderdale, FL · On-site
$222K - $232K/yr
Strong understanding of machine learning lifecycle, model risk management, and data governance. * Familiarity with AI regulations, ethical frameworks, and industry standards. * Experience working ...
Model Validation Director
Tampa, FL · On-site +1
Build, enhance or localize model risk management programs including coverage assessments, change management, access management procedures, internal controls, and transaction monitoring and watchlist ...
Model Validation Director
Tampa, FL · On-site +1
Build, enhance or localize model risk management programs including coverage assessments, change management, access management procedures, internal controls, and transaction monitoring and watchlist ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
... Model Risks. • Provide effective challenge to business stakeholders on risk identification ... Issue Management • Serve as senior FLoD owner for Issue Management activities from identification ...
... Model Risks. • Provide effective challenge to business stakeholders on risk identification ... Issue Management • Serve as senior FLoD owner for Issue Management activities from identification ...
Demonstrated experience working within a First Line of Defense model in a regulated financial ... Experience with risk management systems such as OpenPages preferred. Core Competencies Risk ...
Demonstrated experience working within a First Line of Defense model in a regulated financial ... Experience with risk management systems such as OpenPages preferred. Core Competencies Risk ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site +1
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site +1
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Model Risk Manager information
See Florida salary details
$38.5K - $46.5K
4% of jobs
$46.5K - $54.6K
6% of jobs
$54.6K - $62.6K
11% of jobs
$65.7K is the 25th percentile. Wages below this are outliers.
$62.6K - $70.7K
11% of jobs
The median wage is $77.1K / yr.
$70.7K - $78.7K
23% of jobs
$78.7K - $86.8K
13% of jobs
$92.1K is the 75th percentile. Wages above this are outliers.
$86.8K - $94.8K
12% of jobs
$94.8K - $102.9K
8% of jobs
$102.9K - $110.9K
6% of jobs
$110.9K - $119K
4% of jobs
$119K - $127K
2% of jobs
$38.5K
$83.4K
$127K
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?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted yesterday
Job description
Job Description Summary
Under general direction, uses extensive knowledge and skills obtained through education and experience to translate business strategy into comprehensive risk assessment programs and manage the work of other staff in conducting reviews and developing risk profiles in a variety of functional areas. Leads large or multiple projects with significant scope and impact. Provides comprehensive solutions to escalated complex problems. Results are evaluated at agreed upon milestones for effectiveness in achieving specified results. Moderate contact with executive management and is required to lead others in identifying, researching, analyzing and resolving complex issuesJob Description
Essential Duties and Responsibilities
- Assists in the development and execution of risk and control consulting activities for assigned area of responsibility in accordance with internal standards, relevant government statutes and regulations.
- Oversees or leads engagements from planning through reporting and produces quality deliverables in accordance with both department and professional standards.
- Establishes strong relationships with senior leaders and related control groups.
- Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, or executive management partners.
- Analyzes complex problems, researches and organizes solutions and effectively presents recommendations to Sr. Management.
- Works with business process owners and internal/external auditors to evaluate control deficiencies, and develop risk-based solutions to address concerns.
- Interprets, applies and recommends changes to organizational policies and procedures. Maintains currency in relevant risk management processes and procedures.
- Uses judgment to provide an overall opinion on the business unit's control environment and communicates findings to management. Identifies opportunities for improvement in the design and effectiveness of key controls and mitigation strategies.
- Executes an effective program of continuous monitoring for assigned areas, including monitoring of key metrics to identify control issues and adverse trends.
- Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking. Consulted often by others for advice and opinions and recognized as a leadership role model.
- Participates in major business initiatives and pro-actively advises and assists the business on change initiatives.
- Stays up-to-date with evolving industry and regulatory changes impacting the business.
- Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities
Knowledge of:
- Understanding of risk management practices and methodologies, including operational risk frameworks, risk assessment, inherent and residual risk, control effectiveness, and internal control and mitigation strategy concepts.
- Demonstrated knowledge of Risk and Control SelfAssessments (RCSA), including methodology, endtoend lifecycle, and governance requirements.
- Specific subject matter expertise regarding area of responsibility and a solid business understanding of Raymond James products and services.
- Advanced investment concepts, practices and procedures used in the securities industry.
- Principles of banking and finance and securities industry operations.
- Financial markets and products.
Skill in:
- Demonstrated ability and success in interacting with and influencing senior leadership, including executive management.
- Experience in managing against deadlines associated with a risk management engagement.
- Strong analytical skills particularly with regard to assessing the probability and impact of a control weakness.
- Excellent verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner.
- Enthusiastic, self-motivated, effective under pressure and willing to take personal risk and accountability.
- Proven ability to multitask as well as assess and change priorities.
- Ability to work well individually, and in teams, share information, support colleagues and encourage participation.
Ability to:
- Balance conflicting resource and priority demands.
- Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.
- Incorporate needs, wants and goals from different business unit perspectives into risk management engagements and recommendations.
- Attend to detail while maintaining a big picture orientation.
- Gather information, identify linkages and trends and apply findings to assignments.
- Communicate effectively, both orally and in writing.
- Read, interpret and apply information from business periodicals and professional journals.
- Establish and maintain effective working relationships at all levels of the organization.
Educational/Previous Experience Requirements
Education/Previous Experience:
- Bachelor's Degree and a minimum of six (6) years of experience in a related field.
- OR ~
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Education
Bachelor's: Applied Mathematics, Bachelor's: Business Administration, Bachelor's: FinanceWork Experience
General Experience - 6 to 10 yearsCertifications
Other License Not Listed - OtherTravel
Less than 25%Workstyle
HybridThe total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm
At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
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