Assess enterprise-wide AI impacts across cybersecurity, privacy, model risk management (MRM), third-party risk, and compliance-producing actionable remediation plans and control implementation ...
Assess enterprise-wide AI impacts across cybersecurity, privacy, model risk management (MRM), third-party risk, and compliance-producing actionable remediation plans and control implementation ...
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 ...
Clinical Risk Manager
Schaumburg, IL · Hybrid
$84K - $140K/yr
Swiss Re uses a hybrid work model requiring at least three days in the office each week. This ... A background in a Clinical Risk Management position is encouraged but will consider qualified ...
Clinical Risk Manager
Schaumburg, IL · Hybrid
$84K - $140K/yr
Swiss Re uses a hybrid work model requiring at least three days in the office each week. This ... A background in a Clinical Risk Management position is encouraged but will consider qualified ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ...
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 ...
Develops a deep understanding of end‑to‑end business processes related to data and AI model risk management and lifecycle management to provide relevant and practical guidance. * Partners with ...
Develops a deep understanding of end‑to‑end business processes related to data and AI model risk management and lifecycle management to provide relevant and practical guidance. * Partners with ...
TheERP Risk and Automation Services (ERAS) Consulting practice,assistswith various consulting ... Model RSM's core values: caring, curious, collaborative, courageous, and critical thinking * Manage ...
TheERP Risk and Automation Services (ERAS) Consulting practice,assistswith various consulting ... Model RSM's core values: caring, curious, collaborative, courageous, and critical thinking * Manage ...
Information Technology - Program Manager - Financial Services
Chicago, IL · Hybrid
$70 - $75/hr
Program Manager (Financial Risk & Data Modernization) Location: Downtown Chicago, IL Work Model: Hybrid - 3 days onsite / 2 days remote Employment Type: Contract Pay Rate: $70-$75/hour Position ...
Information Technology - Program Manager - Financial Services
Chicago, IL · Hybrid
$70 - $75/hr
Program Manager (Financial Risk & Data Modernization) Location: Downtown Chicago, IL Work Model: Hybrid - 3 days onsite / 2 days remote Employment Type: Contract Pay Rate: $70-$75/hour Position ...
Manager - Digital Assets Enterprise Strategy, Risk and Operating Model Design Enterprise Operatio...
Chicago, IL · On-site
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...
Chicago, IL · On-site
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 ...
The Sr. Risk Manager will be responsible for establishing the regulatory framework and operational ... model.
The Sr. Risk Manager will be responsible for establishing the regulatory framework and operational ... model.
The Sr. Risk Manager will be responsible for establishing the regulatory framework and operational ... model.
The Sr. Risk Manager will be responsible for establishing the regulatory framework and operational ... model.
Head, North American Provisioning & Risk Analytics
Chicago, IL · On-site
$210K - $260K/yr
This role provides deep subject matter expertise in credit loss forecasting, model oversight, portfolio analytics, and risk insights in support of financial reporting, risk management, and enterprise ...
Head, North American Provisioning & Risk Analytics
Chicago, IL · On-site
$210K - $260K/yr
This role provides deep subject matter expertise in credit loss forecasting, model oversight, portfolio analytics, and risk insights in support of financial reporting, risk management, and enterprise ...
Credit Risk Strategist, Risk Foundations
Chicago, IL · On-site +1
... and model-based detection systems * Proactively identify risk management opportunities, outline the strategy and translate complex requirements into technical specifications, which may include ...
Credit Risk Strategist, Risk Foundations
Chicago, IL · On-site +1
... and model-based detection systems * Proactively identify risk management opportunities, outline the strategy and translate complex requirements into technical specifications, which may include ...
Head, North American Provisioning & Risk Analytics
Chicago, IL · On-site
$210K - $260K/yr
This role provides deep subject matter expertise in credit loss forecasting, model oversight, portfolio analytics, and risk insights in support of financial reporting, risk management, and enterprise ...
Head, North American Provisioning & Risk Analytics
Chicago, IL · On-site
$210K - $260K/yr
This role provides deep subject matter expertise in credit loss forecasting, model oversight, portfolio analytics, and risk insights in support of financial reporting, risk management, and enterprise ...
Head, North American Provisioning & Risk Analytics
Chicago, IL · On-site
$210K - $260K/yr
This role provides deep subject matter expertise in credit loss forecasting, model oversight, portfolio analytics, and risk insights in support of financial reporting, risk management, and enterprise ...
Head, North American Provisioning & Risk Analytics
Chicago, IL · On-site
$210K - $260K/yr
This role provides deep subject matter expertise in credit loss forecasting, model oversight, portfolio analytics, and risk insights in support of financial reporting, risk management, and enterprise ...
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 ...
Undertake end-to-end project risk management practices on multiple projects/programs. ... In-depth understanding of construction contracts, commercial models, and delivery methods.
Quick apply
Undertake end-to-end project risk management practices on multiple projects/programs. ... In-depth understanding of construction contracts, commercial models, and delivery methods.
Risk Manager - Data Center Construction
Chicago, IL · On-site +1
Turner & Townsend is looking for a Risk Manager to join our growing team. The ideal individual will ... In-depth understanding of construction contracts, commercial models, and delivery methods.
Risk Manager - Data Center Construction
Chicago, IL · On-site +1
Turner & Townsend is looking for a Risk Manager to join our growing team. The ideal individual will ... In-depth understanding of construction contracts, commercial models, and delivery methods.
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 ...
Model Risk Manager information
See Aurora, IL salary details
$51.4K - $62.1K
4% of jobs
$62.1K - $72.9K
6% of jobs
$72.9K - $83.6K
11% of jobs
$87.6K is the 25th percentile. Wages below this are outliers.
$83.6K - $94.4K
11% of jobs
The median wage is $102.9K / yr.
$94.4K - $105.1K
23% of jobs
$105.1K - $115.9K
13% of jobs
$122.9K is the 75th percentile. Wages above this are outliers.
$115.9K - $126.6K
12% of jobs
$126.6K - $137.4K
8% of jobs
$137.4K - $148.1K
6% of jobs
$148.1K - $158.8K
4% of jobs
$158.8K - $169.6K
2% of jobs
$51.4K
$111.3K
$169.6K
How much do model risk manager jobs pay per year?
What are the key skills and qualifications needed to thrive as a Model Risk Manager, and why are they important?
What are some common challenges a Model Risk Manager faces when validating complex financial models?
What does a Model Risk Manager do?
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.

Director - Technology Risk Consulting - Artificial Intelligence and Emerging Technology
RSMChicago, IL
Full-time
Posted 6 days ago
Job description
We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.
Role Summary
The Director, AI & Emerging Technology Risk provides strategic leadership across client delivery, presales, and advisory services related to artificial intelligence and emerging technologies. This role blends AI expertise, enterprise risk management, technology risk leadership, solution architecture, and software development oversight to help clients innovate responsibly while managing risk. The Director plays a key role in shaping gotomarket strategy, supporting presales efforts, and serving as an executive advisor throughout the client lifecycle.
Artificial Intelligence & Emerging Technology Leadership
- Advise executive stakeholders on AI and emerging-technology risk across governance, ethics, security, privacy, and operational resilience-grounded in how models are built, deployed, and monitored in production
- Lead client decisioning on GenAI/ML adoption by translating business use cases into implementable architectures, control requirements, and delivery roadmaps (people/process/technology)
- Track evolving model capabilities, platforms, and threat/regulatory trends to continuously refine solution patterns, controls, and sales positioning for risk-focused AI offerings
Enterprise Risk & Technology Risk Strategy
- Design and operationalize AI/technology risk frameworks aligned to ERM-mapping controls to the AI/ML lifecycle (data, training, evaluation, deployment, monitoring, change management)
- Assess enterprise-wide AI impacts across cybersecurity, privacy, model risk management (MRM), third-party risk, and compliance-producing actionable remediation plans and control implementation backlogs
- Present AI risk posture, risk appetite alignment, and control maturity to Boards and executive committees using clear metrics (KRIs/KPIs), model inventories, and audit-ready documentation
Solutions Architecture & Software Oversight
- Architect AI-enabled solutions for risk consulting clients (including GenAI/RAG patterns) with secure-by-design, scalable, and governable reference architectures
- Evaluate SDLC and MLOps practices-cloud landing zones, APIs, data pipelines, CI/CD, model registries, and deployment strategies-to identify risk, control gaps, and engineering fixes
- Embed "risk-by-design" into build plans: threat modeling, privacy engineering, evaluation/validation protocols, human-in-the-loop controls, monitoring/alerting, and incident response runbooks
Client Delivery & Practice Leadership
- Lead AI risk and emerging-technology engagements from strategy to implementation-owning delivery plans, sprint execution, stakeholder management, and outcomes
- Establish delivery governance (scope, RAID, quality gates, model validation checkpoints) and ensure solutions are production-ready, auditable, and defensible
- Build and mentor cross-functional teams (risk, data science, engineering, security) and provide technical leadership across Managers and Senior Managers
- Develop reusable accelerators (reference architectures, control libraries, evaluation harnesses, templates) and publish market-facing thought leadership to scale delivery and sales
- Drive account expansion by identifying adjacent risk opportunities, quantifying value, and partnering with client leaders to turn delivery success into follow-on sales
GotoMarket Leadership
- Own delivery sales for AI risk pursuits: qualify opportunities, shape deal strategy, and lead solutioning as the senior AI engineering/risk SME
- Define and package AI risk solution offerings (e.g., GenAI governance, MRM uplift, secure RAG, AI SDLC/MLOps controls) with clear value propositions and deliverables
- Lead proposal development-scoping, staffing model, delivery approach, assumptions, pricing inputs, and risk-managed implementation plan
- Run client workshops and executive presentations that walk through architectures, control designs, and delivery plans-bridging engineering details to risk outcomes
- Translate transformation goals into implementable AI risk solutions aligned to regulatory guidance, internal governance, and target-state technology architecture
- Build trusted C-level relationships and maintain pipeline by connecting delivery success to measurable risk reduction, audit readiness, and operational resilience
Experience, Skills & Qualifications
- Bachelor's or Master's degree in Computer Science, Engineering, Data Science, Risk, or related discipline (or equivalent practical experience)
- 8-10+ years leading technology risk and/or AI engineering delivery in consulting or industry, including ownership of large client programs
- Job relevant certification (ie, Azure, Aws, AI certifications, etc.)
Preferred Qualifications
- Deep knowledge of modern AI/ML and GenAI (LLMs, RAG, evaluation, safety), and the ability to translate that into concrete risk controls and implementation patterns
- Proven delivery sales experience: shaping pursuits, leading solutioning, contributing to pricing, and presenting to executive buyers
- Strong understanding of cloud and data architecture, SDLC, and MLOps/LLMOps (CI/CD, IaC, observability, model registry, feature stores, policy-as-code)
- Demonstrated ability to embed governance, security, privacy, and model risk management early in design/build, and to stand up audit-ready evidence and controls
- Executive-level communicator who can translate between engineers, risk leaders, regulators/auditors, and business stakeholders; comfortable owning both delivery and commercial outcomes
At RSM, we offer a competitive benefits and compensation package for all our people.We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients.Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.
All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.
Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.
RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.
RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.
At RSM, an employee's pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.
Compensation Range: $126,500 - $254,700Individualsselected for this role will be eligible for a discretionary bonus based on firm and individual performance.