Summary The Senior Manager, Enterprise Risk Management supports the Risk Chief of Staff by working ... Oversee the development of quantitative/analytical models and applications. * Utilize team ...
Summary The Senior Manager, Enterprise Risk Management supports the Risk Chief of Staff by working ... Oversee the development of quantitative/analytical models and applications. * Utilize team ...
Your work will blend risk management, technology, and strategic thinking to deliver integrated ... Educate clients and internal teams on digital assets and operating model leading practices.
Your work will blend risk management, technology, and strategic thinking to deliver integrated ... Educate clients and internal teams on digital assets and operating model leading practices.
Establish and maintain data management, model governance, and AI risk management practices aligned with regulatory expectations and industry standards. Collaborate with business units to implement ...
Establish and maintain data management, model governance, and AI risk management practices aligned with regulatory expectations and industry standards. Collaborate with business units to implement ...
Director of Data Analytics & AI
Perkasie, PA · On-site
Establish and maintain data management, model governance, and AI risk management practices aligned with regulatory expectations and industry standards. Collaborate with business units to implement ...
Director of Data Analytics & AI
Perkasie, PA · On-site
Establish and maintain data management, model governance, and AI risk management practices aligned with regulatory expectations and industry standards. Collaborate with business units to implement ...
As a Quantitative Analytics & Model Development Consultant within PNC's Data, Modeling & Analytics ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
As a Quantitative Analytics & Model Development Consultant within PNC's Data, Modeling & Analytics ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Quantitative Analytics & Model Development Consultant - Data, Modeling & Analytics
Pittsburgh, PA · On-site
As a Quantitative Analytics & Model Development Consultant within PNC's Data, Modeling & Analytics ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Quantitative Analytics & Model Development Consultant - Data, Modeling & Analytics
Pittsburgh, PA · On-site
As a Quantitative Analytics & Model Development Consultant within PNC's Data, Modeling & Analytics ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
Risk & Independence Contract Specialist Senior Manager - Managed Services
Philadelphia, PA · On-site
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
Risk & Independence Contract Specialist Senior Manager - Managed Services
Philadelphia, PA · On-site
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
As a Quantitative Analytics and Model Consultant within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA or Tysons Corner, VA. As a model validator you will perform ...
As a Quantitative Analytics and Model Consultant within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA or Tysons Corner, VA. As a model validator you will perform ...
... models. This role partners closely with product, operations, technology, legal, compliance, and ... The role helps shape risk management strategy for transactional products, influencing executive ...
... models. This role partners closely with product, operations, technology, legal, compliance, and ... The role helps shape risk management strategy for transactional products, influencing executive ...
... models. This role partners closely with product, operations, technology, legal, compliance, and ... The role helps shape risk management strategy for transactional products, influencing executive ...
... models. This role partners closely with product, operations, technology, legal, compliance, and ... The role helps shape risk management strategy for transactional products, influencing executive ...
Manager - Digital Assets Enterprise Strategy, Risk and Operating Model Design Enterprise Operatio...
Manager - Digital Assets Enterprise Strategy, Risk and Operating Model Design Enterprise Operations & Risk Ready for a fast-paced exciting career? Have a passion for helping your clients reduce risk ...
Manager - Digital Assets Enterprise Strategy, Risk and Operating Model Design Enterprise Operatio...
Manager - Digital Assets Enterprise Strategy, Risk and Operating Model Design Enterprise Operations & Risk Ready for a fast-paced exciting career? Have a passion for helping your clients reduce risk ...
... models. This role partners closely with product, operations, technology, legal, compliance, and ... The role helps shape risk management strategy for transactional products, influencing ...
... models. This role partners closely with product, operations, technology, legal, compliance, and ... The role helps shape risk management strategy for transactional products, influencing ...
Risk & Independence Contract Specialist Senior Manager - Advisory Consulting Services
Pittsburgh, PA · 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
Pittsburgh, PA · 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 ...
The Senior Manager, Third Party Risk Management (TPRM) Policy is a key leadership role embedded ... Ensure TPRM policies meet applicable state and federal insurance regulations, NAIC model law ...
The Senior Manager, Third Party Risk Management (TPRM) Policy is a key leadership role embedded ... Ensure TPRM policies meet applicable state and federal insurance regulations, NAIC model law ...
... model risk framework. * Summarize and present findings digestible by senior audience. * Review work by other junior members on model validation projects. Manage day to day delegation and ...
... model risk framework. * Summarize and present findings digestible by senior audience. * Review work by other junior members on model validation projects. Manage day to day delegation and ...
Model Risk Manager information
See Pennsylvania salary details
$51.6K - $62.4K
4% of jobs
$62.4K - $73.2K
6% of jobs
$73.2K - $84K
11% of jobs
$88.1K is the 25th percentile. Wages below this are outliers.
$84K - $94.8K
11% of jobs
The median wage is $103.4K / yr.
$94.8K - $105.6K
23% of jobs
$105.6K - $116.4K
13% of jobs
$123.5K is the 75th percentile. Wages above this are outliers.
$116.4K - $127.2K
12% of jobs
$127.2K - $138K
8% of jobs
$138K - $148.8K
6% of jobs
$148.8K - $159.6K
4% of jobs
$159.6K - $170.4K
2% of jobs
$51.6K
$111.8K
$170.4K
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 just now
Job description
Job Family
Risk Management - GeneralAbout Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment - one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who We Are
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.
Today, we're part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them.
We're empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good - for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.
Job Description Summary
The Senior Manager, Enterprise Risk Management supports the Risk Chief of Staff by working directly with the CRO and senior Risk leadership team to ensure effective planning, execution, communication, and coordination of Risk priorities across the organization. This role focuses on facilitating clear and consistent Risk communications, coordinating delivery of key Risk work products, supporting crossfunctional working teams, and ensuring Risk priorities are clearly defined, tracked, and executed.This person acts as a central point of coordination for leadership materials, highest level governance forums and boards, and enterpriselevel Risk initiatives. Knowledge of Risk framework (policies, processes, systems of governance) is leveraged to ensure consistency across the Risk function and to communicate messages outside of Risk in a relatable way. Emphasizes organization, execution discipline, and communication effectiveness rather than direct ownership of risk assessments or technical risk models. High expectations for execution rigor and communication quality.
Job Description
Responsibilities
- Represent Risk Management on certain business related activities, cross-functional meetings, committees, etc.
- Oversee the development of quantitative/analytical models and applications.
- Utilize team personnel resources through strategic planning and scheduling of engagements.
- Develop analysis of data through the use of models and determine impact operational and risk based capital.
- Support associates and lead in the execution of risk activities. Serve as a subject matter expert on risk principles throughout Transamerica and Aegon.
- Maintain strong relationships with senior level personnel across all of Transamerica and Group NV. Conduct regular business and risk discussions. Participate in risk committee discussions.
- Other duties and responsibilities as assigned based on specific discipline within Risk Management.
Qualifications
- Bachelor's degree (accounting, finance, IT, risk management, actuarial, mathematics, computer science, etc.) appropriate for the risk area/department above or equivalent experience.
- Ten years of related risk management experience
- Strong attention to detail and accuracy.
- Ability to manage multiple priorities in a fastpaced environment.
- Sound judgment and problemsolving skills.
- Ability to present and interact effectively with all levels of management.
- Strong relationshipbuilding skills.
- Excellent written and verbal communication skills.
Preferred Qualifications
- Experience supporting senior leaders or leadership teams (e.g., chief of staff, strategy, PMO, or executive coordination roles).
- Demonstrated experience coordinating complex, crossfunctional initiatives.
- Familiarity with Risk management concepts and governance structures, with ability to rapidly understand and synthesize technical material.
- Strong organizational, planning, and executiontracking skills.
- Ability to influence without authority and work effectively across teams.
- High degree of professionalism, discretion, and judgment when handling sensitive information.
Working Conditions
- Hybrid Office Environment
- Moderate Travel 10 to 25%
Compensation
- The Salary for this position generally ranges between$146,000 - $180,000 annually.Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
- Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.
This is a hybrid position requiring three days in office per week in one of our hub locations. Relocation assistance will not be provided for this position.
Disclaimer:
Beware of fake job offers!
We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer-not through text or email.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica's Parent Company
Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
* As of December 31, 2023