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Model Risk Manager Jobs in Pennsylvania (NOW HIRING)

Guardianlife

Model Risk & Validation Lead

Bethlehem, PA · Hybrid

$103K - $169K/yr

Maintain and manage the model validation findings inventory, including issue severity assessment, remediation tracking, and validation closure support. * Support independent data risk assessments ...

Customers Bank

AI Strategy & Risk Manager

Malvern, PA · On-site

The position will partner closely with business leaders, technology teams, model risk management, compliance, legal, audit, and other stakeholders to ensure the responsible adoption of AI ...

The Institutes

Vendor Risk Coordinator

Malvern, PA · On-site

Model risk concentration * SaaS redundancy and cost optimization What We're Looking For: Required * 3-5+ years of experience in vendor management, third-party risk, IT governance, compliance, or risk ...

Deloitte

Financial Risk Manager

Philadelphia, PA

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...

Lincoln Financial

Analyst, AI Risk Management

Radnor, PA · Hybrid

$72K - $131K/yr

Collaborates with Legal, InfoSec, Privacy, Model Risk Management, and AI/ML Engineering teams to align governance activities with enterprise risk management expectations. What we're looking for Must ...

Lincoln Financial

Analyst, AI Risk Management

Radnor, PA · On-site

$72K - $131K/yr

Collaborates with Legal, InfoSec, Privacy, Model Risk Management, and AI/ML Engineering teams to align governance activities with enterprise risk management expectations. What we're looking for Must ...

Lincoln Financial

Analyst, AI Risk Management

Radnor, PA · Hybrid

$72K - $131K/yr

Collaborates with Legal, InfoSec, Privacy, Model Risk Management, and AI/ML Engineering teams to align governance activities with enterprise risk management expectations. What we're looking for Must ...

Truist

Quant Audit Manager

King Of Prussia, PA · On-site

$103K - $135K/yr

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

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All JobsModel Risk Manager JobsModel Risk Manager Jobs in Pennsylvania

Model Risk Manager information

See Pennsylvania salary details

$51.6K

$111.8K

$170.4K

How much do model risk manager jobs pay per year?

As of Jun 23, 2026, the average yearly pay for model risk manager in Pennsylvania is $111,824.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,200.00 and $129,300.00 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 Pennsylvania? For Model Risk Manager jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Pennsylvania look for? The top searched job categories for Model Risk Manager jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Model Risk Manager jobs? Cities in Pennsylvania with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Pennsylvania as of June 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $111,824 per year, or $53.8 per hour.

Model Risk & Validation Lead

Guardianlife

Bethlehem, PA • Hybrid

$103K - $169K/yr

Full-time

Posted 4 days ago

Job description

TheModelRisk &Validation Leadpositionisacrucialrole on the Model RiskManagementteam, whichis a new and expandingunitat Guardian. As such, this person will have the opportunity tocontribute to the strategy and execution of thisdevelopingteam.

TheModel RiskManagementteamoverseesascope of productsincludingbut not limitedtolife, annuity,disability, groupbusiness, and funding agreements, with a focus onstatutory and economicframeworks.Riskspertaining tothe emerging and quicklyevolving space of artificial intelligence will command specific attention, as well as those related to assumption governance and oversight. Effective collaboration and engagement amongst the internal team as well as with the various business areas isessential towards achieving successin this role.

You will

  • Perform validations of models across the company in an independent manner, which includes but is not limited to:

  • Collecting models, documentation, and other relevant artifacts.

  • Engaging in meetings with the modeling teamsand other relevant stakeholders to understand the modeling processes and develop knowledge on product or technology details.

  • Reviewing the end-to-end process of the model, which includes the input, calculation, and output components, as well as the governance procedures, controls, and other relevant aspects of the models and processes.

  • Understanding the model methodologies and assumptions and challenge for weaknesses.

  • Recording and organizing all findings and/or issues that may arise from thevalidationexercises.

  • Verbally communicate validation results and discuss issues or challenges with targeted internal audiencesand other stakeholders.

  • Engage in the entire model lifecycle includingsupportingvalidation efforts during model development phases.

  • Addressany potential future misstatementsor inaccuracies throughfacilitatingoptimalmodel andprocess design andimplementation ofpreventative and detective controls.

  • Contribute to the continued growth and development of artificial intelligence, machine learning, and advanced analytics risk management through independentgovernance andvalidation activities within the Model Risk Management framework.

  • Support the Head of Model Risk Governance through independent assessment and challenge of model assumptions within the Model Risk Management framework, including reasonableness, limitations, interdependencies, governance controls, alignment with intended use, and experience tracking.

  • Maintain and manage the model validation findings inventory, including issue severity assessment, remediation tracking, and validation closure support.

  • Support independent data risk assessments onmodel-adjacentdata assets, such as applications.

  • Leadpresentations related to model validation outcomes, emergingmodelrisks, and thematic observations across the enterprise.

  • Communicate with targeted internal audiences and other stakeholders to ensure alignment with the model risk management policy and foster a company culture that understands and adheres to model risk management best practices.

You are

  • A self-motivatedperson, able to work independently.

  • A strategic thinker, with the ability to "connect the dots" across the organization,and develop creative solutions to dynamic,complex, and uniquebusiness challenges.

  • Atrusted partner whocanbuildstrongand effectiverelationships acrossa wide range of stakeholders and customers.

  • Technically proficientregardingmodel and process infrastructure as well as being an effective communicator.

  • Results-oriented and able toexecutetasks efficiently.

  • Comfortable setting direction within a growing model validation function.

You have

  • 5+years of experiencein theinsuranceor financial servicesindustry, preferably with experience inactuarial science and/orrisk management.

  • Very strongtechnical skills witha variety ofmodeling platforms.

  • Provenleadership andcommunication skills.

  • The ability to accelerate impact andthe desire toleadchange.

  • FSA preferred but notrequired.

Reporting Relationship

You will report totheHead ofModel RiskGovernance,who reports to ourHead ofModel, AI, and Data Risk

Location

Hybrid role - 3 days in office in the Hudson Yards, NYC or Bethlehem, PA office; 2 days WFH

Salary Range:

$103,450.00 - $169,960.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you'll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian's Purpose - to inspire well-being - we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits.Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.


Equal Employment Opportunity


Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.


Accommodations


Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact MyHR@glic.com. Please note: this resource is for accommodation requests only. For all other inquires related to your application and careers at Guardian, refer to the Guardian Careers site.


Visa Sponsorship


Guardian is not currently or in the foreseeable future sponsoring employment visas. In order to be a successful applicant. you must be legally authorized to work in the United States, without the need for employer sponsorship.


Notice Regarding Guardian's Use of Artificial Intelligence in Recruitment

As part of Guardian's job application process, Guardian may use artificial intelligence tools ("AI Tools") to automate the sorting and filtering of information provided by applicants as part of its preliminary screening. This preliminary screening may be used to help identify applicant materials and resumes relative to their indication that the applicant meets the requirements for the specific job for which they are applying, as specified in the listing posted on Guardian's jobs website (Careers at Guardian at https://www.guardianlife.com/careers). At Guardian, we do not use AI Tools to substantially assist or replace human judgment or discretionary decision making in our hiring process. All hiring decisions will be made by Guardian colleagues.

Please be aware that if you apply for a specific position with Guardian, you will have the choice of opting out of Guardian's use of AI Tools during the job application process. If you would like to request an alternative process that does not utilize AI Tools or would like to request a reasonable accommodation, within ten business days of your position application, you must email your request to MyHR@glic.com, making sure to provide your name and job requisition identification number. Guardian will retain your applicant materials and resume and all information therefrom in accordance with Guardian's document retention policy, a copy of which you may request via MyHR@glic.com.

Additionally, at applicable times, Guardian will make public the most recent bias audit results for such AI tools, which may be found here.


Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.

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