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Model Risk Manager Jobs in Florida (NOW HIRING)

Build, enhance or localize model risk management programs including coverage assessments, change management, access management procedures, internal controls, and transaction monitoring and watchlist ...

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 ...

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 ...

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 ...

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 ...

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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 Jul 1, 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 cities in Florida are hiring for Model Risk Manager jobs? Cities in Florida with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in Florida as of June 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $83,365 per year, or $40.1 per hour.

Manager, RJF Operational Risk Management

Raymondjames

Saint Petersburg, FL

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 issues

Job 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: Finance

Work Experience

General Experience - 6 to 10 years

Certifications

Other License Not Listed - Other

Travel

Less than 25%

Workstyle

Hybrid

The 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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