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Model Risk Manager Jobs in Arnold, MD (NOW HIRING)

Morgan Stanley

VP, AI Compliance Officer

Baltimore, MD

$108K - $185K/yr

... model risk management stakeholders. > Strong analytical, organizational, and attention-to-detail skills, with the ability to manage multiple priorities in a fast-paced environment. > Demonstrate ...

T Rowe Price

Enterprise AI Architect

Baltimore, MD · On-site

$68.50 - $88.50/hr

A Governance & Risk: * Design and operationalize the AI governance framework, covering model risk management, explainability standards, bias monitoring, data lineage, and regulatory compliance ...

NewGen Technologies

AI Enterprise Architect

Baltimore, MD · Hybrid

$68.50 - $88.50/hr

Governance & Risk * Design and operationalize the AI governance framework, covering model risk management, explainability standards, bias monitoring, data lineage, and regulatory compliance (existing ...

CareFirst

Senior Risk Adjustment Analyst

Baltimore, MD · Hybrid

... the HCC model and supporting actuarial in the calculation risk adjustment revenue. * Support project management efforts including monitoring and evaluating progress against timelines, project ...

Peraton

Cyber Risk Analyst

Bowie, MD

Support Risk Management Framework (RMF) activities, including risk assessments, control validation ... Experience with FedRAMP cloud environments and shared responsibility models. * Knowledge of Zero ...

Peraton

Cyber Risk Analyst

Bowie, MD · On-site

Support Risk Management Framework (RMF) activities, including risk assessments, control validation ... Experience with FedRAMP cloud environments and shared responsibility models. * Knowledge of Zero ...

T12 TECHNOLOGIES LLC

AI Solutions Architect

Baltimore, MD · On-site +1

$140K - $165K/yr

Familiarity with AI governance, model risk management, and compliance frameworks. Prior consulting or client-facing delivery experience. Working Conditions Remote position with approximately one on ...

Allianz

Risk Underwriting, Industry Manager

Baltimore, MD · On-site

$150K - $180K/yr

Manage a portfolio of high value clients to drive increased retention and galvanize the customer ... Risk Business model by assessing buyer with all information available and his/her own market ...

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All JobsModel Risk Manager JobsModel Risk Manager Jobs in Arnold, MD

Model Risk Manager information

See Arnold, MD salary details

$50.2K

$108.8K

$165.8K

How much do model risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for model risk manager in Arnold, MD is $108,810.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,800.00 and $125,800.00 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 Arnold, MD look for? The top searched job categories for Model Risk Manager jobs in Arnold, MD are:
What cities near Arnold, MD are hiring for Model Risk Manager jobs? Cities near Arnold, MD with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Arnold, MD as of June 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $108,810 per year, or $52.3 per hour.
Risk Mitigation Specialist, Senior

Risk Mitigation Specialist, Senior

BOOZ, ALLEN & HAMILTON, INC.

Upper Marlboro, MD

$77K - $176K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 6 days ago

Booz Allen Hamilton rating

8.8

Company rating: 8.8 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

9th of 57 rated business consultants

Job description

Risk Mitigation Specialist, Senior
The Opportunity:
As a Risk Mitigation Spe cia list, you will conduct risk management- related activities asso cia ted with the business processes and systems necessary for the integrated development and execution of management strategies. You will help coordinate multiple reports and continuously curate risk management- related data.
This is a chance to grow your expertise and broaden your skillset. You'll share your expertise with other analysts through leadership and mentoring. We focus on growing as a team to deliver the best support to our customers, so you'll have resources to learn new skills and tools.
Work with us as we provide the right information at the right time to support the critical needs of our nation's leaders.
Join us. The world can't wait.
You Have:
  • Experience performing oversight and monitoring functions for emplaced mitigation
  • Experience working with risk mitigation strategies in support of DoD clients
  • Experience coordinating multiple annual reports and using risk mitigation sof tware applications
  • Knowledge of DoD and risk mitigation policies
  • TS/SCI clearance with polygraph
  • Bachelor's degree and 17+ years of experience in risk mitigation roles , or Master's degree and 12+ years of experience in risk mitigation roles

Nice If You Have:
  • Ability to work independently, meet short deadlines in a fast-paced environment, and develop and maintain relationships across the IC, DoD, and partners

Clearance:
Applicants selected will be subject to a security investigation and may need to meet eligibility requirements for access to classified information ; TS/SCI clearance with polygraph required.
Compensation
At Booz Allen, we celebrate your contributions, provide you with opportunities and choices, and support your total well-being. Our offerings include health, life, disability, financial, and retirement benefits, as well as paid leave, professional development, tuition assistance, work-life programs, and dependent care. Our recognition awards program acknowledges employees for exceptional performance and superior demonstration of our values. Full-time and part-time employees working at least 20 hours a week on a regular basis are eligible to participate in Booz Allen's benefit programs. Individuals that do not meet the threshold are only eligible for select offerings, not inclusive of health benefits. We encourage you to learn more about our total benefits by visiting the Resource page on our Careers site and reviewing Our Employee Benefits page.
Salary at Booz Allen is determined by various factors, including but not limited to location, the individual's particular combination of education, knowledge, skills, competencies, and experience, as well as contract-specific affordability and organizational requirements. The projected compensation range for this position is $77,600.00 to $176,000.00 (annualized USD). The estimate displayed represents the typical salary range for this position and is just one component of Booz Allen's total compensation package for employees. This posting will close within 90 days from the Posting Date.
Identity Statement
As part of the hiring process, we will ask you to complete an identity verification process that leverages advanced biometrics and artificial intelligence to ensure authenticity and protect against identity fraud. You are expected to be on camera during interviews and assessments. We reserve the right to take your picture to verify your identity and prevent fraud.
Candidate AI Usage Policy
AI is a part of our daily work at Booz Allen, and we are committed to the responsible and ethical use of AI tools. However, we want to ensure a fair candidate process based on your own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) or other tools to assist with responses during interviews (whether in-person or virtual) is prohibited unless permission is explicitly provided.
Work Model
Our people-first culture prioritizes the benefits of collaboration, whether it occurs in person or virtually. To support engagement and effective communication, employees working virtually are generally expected to have their cameras on during meetings.
  • Remote: If this position is listed as remote, there may still be occasions when you are required to work in person at a Booz Allen or customer facility.
  • Hybrid: If this position is listed as hybrid, you will be expected to work from a Booz Allen facility frequently, in alignment with leadership expectations and the needs of the role. You may also be required to work from or visit a customer facility.
  • Onsite: If this position is listed as onsite, work will primarily be performed at a Booz Allen office or customer facility, where employees will collaborate directly with colleagues and customers as required by the role.

Commitment to Non-Discrimination
All qualified applicants will receive consideration for employment without regard to disability, status as a protected veteran or any other status protected by applicable federal, state, local, or international law.

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About Booz Allen Hamilton

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Booz Allen Hamilton is a leading provider of management and technology consulting services to the US government in defense, intelligence, and civil markets. Headquartered in McLean, Virginia, the firm also serves major corporations, institutions, and not-for-profit organizations. Founded in 1914 by Edwin G. Booz, the company has a long-standing tradition of helping clients achieve success by delivering a wide range of consulting services that include strategic planning, human capital and learning, communication, systems development, and others. The company's mission is to empower people to change the world, and it has a reputation for maintaining the highest standards of integrity and-excellence.

Industry

It services

Company size

10,000+ Employees

Headquarters location

McLean, VA, US

Year founded

1914

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