Manager, Brex Business Risk - Enterprise Services Risk Office We are hiring! The Enterprise ... This is an exciting opportunity for a well-rounded candidate to help boldly model the future of ...
Manager, Brex Business Risk - Enterprise Services Risk Office We are hiring! The Enterprise ... This is an exciting opportunity for a well-rounded candidate to help boldly model the future of ...
Head of Risk
Chicago, IL · On-site
$225K - $300K/yr
Design and oversee margin model validation, stress testing, and back-testing programs. * Manage counterparty credit risk assessment and ongoing monitoring for clearing members. * Develop position ...
Head of Risk
Chicago, IL · On-site
$225K - $300K/yr
Design and oversee margin model validation, stress testing, and back-testing programs. * Manage counterparty credit risk assessment and ongoing monitoring for clearing members. * Develop position ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Evaluate the design and execution of risk management practices to ensure alignment with enterprise ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Evaluate the design and execution of risk management practices to ensure alignment with enterprise ...
Data Validation Risk - Manager
$99K - $232K/yr
... Risk Manager, you will play a pivotal role within our Risk & Regulatory practice, focusing on ... You will utilize skills in data manipulation, visualization, and statistical modeling to support ...
Data Validation Risk - Manager
$99K - $232K/yr
... Risk Manager, you will play a pivotal role within our Risk & Regulatory practice, focusing on ... You will utilize skills in data manipulation, visualization, and statistical modeling to support ...
Principal Associate, Risk Manager - Issues & Events Management (Hybrid) As a Principal Risk ... Establishing strong interaction models and relationships to collaborate with key stakeholders ...
Principal Associate, Risk Manager - Issues & Events Management (Hybrid) As a Principal Risk ... Establishing strong interaction models and relationships to collaborate with key stakeholders ...
AVP, Credit Model Development
Chicago, IL · On-site
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
AVP, Credit Model Development
Chicago, IL · On-site
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
AVP, Credit Model Development
Chicago, IL · On-site
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
AVP, Credit Model Development
Chicago, IL · On-site
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
Model/Analysis/Validation Senior Analyst
Schaumburg, IL · On-site
$142K/yr
Create documentation for Model Risk Management (MRM), including rationale for model choices, adverse action logic, and model monitoring plans. Collaborate with Risk Policy and Governance teams to ...
Model/Analysis/Validation Senior Analyst
Schaumburg, IL · On-site
$142K/yr
Create documentation for Model Risk Management (MRM), including rationale for model choices, adverse action logic, and model monitoring plans. Collaborate with Risk Policy and Governance teams to ...
Senior Consultant - Digital Assets Enterprise Strategy, Risk and Operating Model Design
Chicago, IL · On-site
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.
Senior Consultant - Digital Assets Enterprise Strategy, Risk and Operating Model Design
Chicago, IL · On-site
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.
This role leverages the use of statistical tools, quantitative modeling techniques and other ... Portfolio Risk management/Data Analysis (20%) * Supporting growth and solve real business problems ...
This role leverages the use of statistical tools, quantitative modeling techniques and other ... Portfolio Risk management/Data Analysis (20%) * Supporting growth and solve real business problems ...
This role leverages the use of statistical tools, quantitative modeling techniques and other ... Portfolio Risk management/Data Analysis (20%) * Supporting growth and solve real business problems ...
This role leverages the use of statistical tools, quantitative modeling techniques and other ... Portfolio Risk management/Data Analysis (20%) * Supporting growth and solve real business problems ...
Global Head of Risk Management
Chicago, IL · On-site
$225K - $300K/yr
Model, analyze, and optimize existing and new risk matrices * Drive the development and ... At least 7 years' relevant experience as a Senior Risk Manager in a derivatives trading environment
Global Head of Risk Management
Chicago, IL · On-site
$225K - $300K/yr
Model, analyze, and optimize existing and new risk matrices * Drive the development and ... At least 7 years' relevant experience as a Senior Risk Manager in a derivatives trading environment
Head of Global Merchant Risk
Chicago, IL · On-site
$210K - $280K/yr
You are responsible for the day‑to‑day management of Adyen's counterparty exposure originating ... Strategic Influence - While Product owns the models and Second Line owns the appetite, you are the ...
Head of Global Merchant Risk
Chicago, IL · On-site
$210K - $280K/yr
You are responsible for the day‑to‑day management of Adyen's counterparty exposure originating ... Strategic Influence - While Product owns the models and Second Line owns the appetite, you are the ...
The Manager, Portfolio Risk and Alpha Strategies, has primary responsibility for the day-to-day ... Working knowledge of AI and large language models in an institutional investment context. Ability ...
The Manager, Portfolio Risk and Alpha Strategies, has primary responsibility for the day-to-day ... Working knowledge of AI and large language models in an institutional investment context. Ability ...
Credit Union Collections & Risk Manager
$75K - $79K/yr
Collections & Risk Manager a/k/a Risk Mitigation Manager We are currently seeking a Risk Mitigation ... Manage the credit union's Current Expected Credit Losses (CECL) methodology, assumptions, modeling ...
Credit Union Collections & Risk Manager
$75K - $79K/yr
Collections & Risk Manager a/k/a Risk Mitigation Manager We are currently seeking a Risk Mitigation ... Manage the credit union's Current Expected Credit Losses (CECL) methodology, assumptions, modeling ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Manager (CRVM), Certified Third Party Risk Professional (CTPRP) and other industry relevant ...
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Manager (CRVM), Certified Third Party Risk Professional (CTPRP) and other industry relevant ...
Credit Union Collections & Risk Manager
Chicago, IL · On-site
$75K - $79K/yr
Collections & Risk Manager a/k/a Risk Mitigation Manager We are currently seeking a Risk Mitigation ... Manage the credit union's Current Expected Credit Losses (CECL) methodology, assumptions, modeling ...
Credit Union Collections & Risk Manager
Chicago, IL · On-site
$75K - $79K/yr
Collections & Risk Manager a/k/a Risk Mitigation Manager We are currently seeking a Risk Mitigation ... Manage the credit union's Current Expected Credit Losses (CECL) methodology, assumptions, modeling ...
Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite * Supports the methodological, analytical, and ...
Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite * Supports the methodological, analytical, and ...
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 ...
What you'll bring * 3-5 years of experience in ALM, risk management, risk modeling or fixed income ... capital markets. * Bachelor's degree in Accounting or a quantitative field (Mathematical Finance ...
What you'll bring * 3-5 years of experience in ALM, risk management, risk modeling or fixed income ... capital markets. * Bachelor's degree in Accounting or a quantitative field (Mathematical Finance ...
Model Risk Manager information
See Aurora, IL salary details
$51.1K - $61.7K
4% of jobs
$61.7K - $72.4K
6% of jobs
$72.4K - $83.1K
11% of jobs
$87.1K is the 25th percentile. Wages below this are outliers.
$83.1K - $93.8K
11% of jobs
The median wage is $102.3K / yr.
$93.8K - $104.5K
23% of jobs
$104.5K - $115.1K
13% of jobs
$122.2K is the 75th percentile. Wages above this are outliers.
$115.1K - $125.8K
12% of jobs
$125.8K - $136.5K
8% of jobs
$136.5K - $147.2K
6% of jobs
$147.2K - $157.9K
4% of jobs
$157.9K - $168.5K
2% of jobs
$51.1K
$110.6K
$168.5K
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
Posted 29 days ago
Capital One rating
7.8
Based on 143 frontline employees who took The Breakroom Quiz
76th of 149 rated banks
Job description
We are hiring! The Enterprise Services Business Risk Office provides risk management support to several lines of business including: Brand, Enterprise Supplier Management, Enterprise Products & Experience (EPX), Software, External Affairs, eData, Global Workplace Solutions, Emerging Payments, Ventures, and Tech. As the risk team for Enterprise Services Business Risk, we are on the cutting edge of risk management and provide support for new and emerging technologies as well as critical business strategies. Capital One has taken a bold journey to build a technology company, while operating in a complex, highly regulated business.
As a Risk Manager, you will support and oversee Integration efforts for a large scale company merger. This role will be responsible for driving cross functional alignment across multiple lines of business and key partners, managing complex workstreams, mitigating risk, and ensuring successful post merger integration across people, process and technology. This is an exciting opportunity for a well-rounded candidate to help boldly model the future of Capital One.
As part of the Enterprise Services Business Risk team, you will demonstrate a unique blend of analytical and communications skills. You will lead horizontal strategy and problem solving across the Integration program, including creating updates for senior executives. You will identify dependencies, key decisions, and strategic questions to be answered across business, technology, and other key partners. You will also drive the design of an integrated program, leading through influence to ensure the team meets our fast-paced deadlines while bringing the broader organization along.
Here's what we're looking for in an ideal teammate:
You're a strategic thinker and enjoy collecting, organizing, and synthesizing information to make a decision or recommendation
You understand that context is key and ensuring people are informed is critical to organizational success
You are able to drive all phases of project management to include feasibility, definition, planning, prioritization, implementation and close out
You are a confident communicator who feels comfortable presenting program ideas or decisions in front of peers, stakeholders, and leaders
You enjoy fast paced environments and can ask tough questions / challenge the status quo
You have a high degree of organizational skills and ability to manage multiple, competing priorities
You can put structure in place, connect dots, and can find and articulate a clear narrative or vision
You are highly collaborative and consultative, and seek out inspiration and feedback from others to always drive towards the best solution
You understand the benefits of both process and being nimble
You are independent, can work autonomously, and are comfortable owning the end-to-end program with little direction
Responsibilities:
Support the end-to-end planning and delivery of an integration program; providing clarity, structured problem solving, and results driven execution
Manage program governance structure, interaction model, operating cadence, and executive reporting
Translate and communicate complex information into clear, actionable insights for stakeholders at all levels, providing regular updates and progress dashboards
Assist and drive project and program delivery, including project and process management, reporting, engagement in senior leadership meetings, and drafting and reviewing materials for senior management
Monitor and manage key integration risks, issues, and interdependencies
Manage and synthesize input from multiple directions and drive organized execution
Be a trusted advisor and drive effective and relevant business, technology, and cyber risk conversations to execute program delivery
Participate in risk and other management forums and contribute to continuous improvement of risk and project/program management practices
Support direction, manage expectations, and lead cross-functional teams through various initiatives, including oversight of third party resources
Basic Qualifications:
High School Diploma, GED or Equivalent Certification
At least 3 years of experience in Risk Management, Network Engineering, Data Governance, Project Management or a combination of these
At least 3 years of experience supporting, partnering, and interacting with internal business clients
At least 2 years of experience with reporting, metrics, data visualization, or technical documentation
Preferred Qualifications
Bachelor's Degree or Military Experience
At least 4 years of experience in risk management or technology risk management
At least 5 years of experience in project, program, or portfolio management
At least 1 year of Financial Services industry experience
Experience in Security Architecture (e.g., Cloud Security, Zero Trust, Network Security) standards and frameworks (e.g., NIST, ISO)
Experience in Data Privacy regulations (e.g., GDPR, etc.) or Data Taxonomy classification and standards
Experience in International Market expansion, hardware or software lifecycle management, or import and export risk management
Excellent verbal presentation and written communication skills to interact and influence at all levels of the organization (e.g., technology or cyber organizations, enterprise business stakeholders, and executive leadership)
Ability to manage multiple cross-functional projects while maintaining superior results
Excellent problem-solving, analytical and critical thinking skills to effectively respond to shifting priorities, demands and timelines
Cyber, Technology, or Risk Certifications (CISSP, CRISC, CISM, PMP, CRCM, CIPP, ABA Risk Mgmt Certification)
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $164,800 - $188,100 for Manager, Cyber Risk & AnalysisCandidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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