Department of Labor Group Details Tradeweb is seeking a Risk Management Vice President to support its Model Risk Governance and Model Management framework. Reporting to the Head of Financial Risk ...
Department of Labor Group Details Tradeweb is seeking a Risk Management Vice President to support its Model Risk Governance and Model Management framework. Reporting to the Head of Financial Risk ...
Department of Labor Group Details Tradeweb is seeking a Risk Management Vice President to support its Model Risk Governance and Model Management framework. Reporting to the Head of Financial Risk ...
Department of Labor Group Details Tradeweb is seeking a Risk Management Vice President to support its Model Risk Governance and Model Management framework. Reporting to the Head of Financial Risk ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Senior Internal Audit Associate - Model Risk
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Senior Internal Audit Associate - Model Risk
$88K - $108K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$99K - $145K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Senior Internal Audit Associate - Model Risk
Jersey City, NJ · On-site
$99K - $145K/yr
Join a global team of quantitative specialists shaping how model risk is managed across complex financial systems. You will work at the intersection of advanced analytics, risk, and audit to drive ...
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
AI Strategy & Risk Manager
New York, NY · 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 ...
AI Strategy & Risk Manager
New York, NY · 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 ...
Senior Data Scientist, AI & Model Risk
New York, NY · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
Senior Data Scientist, AI & Model Risk
New York, NY · On-site +1
This role sits at the intersection of Model Risk Management and AI Governance, with close coordination with Information Security, Compliance, and Legal stakeholders. You will tackle complex and ...
The Model Risk Governance and Review Group (MRGR) oversees model risk at the firm, conducts ... Risk Management helps the firm understand, manage and anticipate risks in a constantly changing ...
The Model Risk Governance and Review Group (MRGR) oversees model risk at the firm, conducts ... Risk Management helps the firm understand, manage and anticipate risks in a constantly changing ...
Risk Management - Quant Modelling Senior Associate
Manhattan, NY · On-site
$135K - $150K/yr
The Model Risk Governance and Review Group (MRGR) oversees model risk at the firm, conducts ... Risk Management helps the firm understand, manage and anticipate risks in a constantly changing ...
Risk Management - Quant Modelling Senior Associate
Manhattan, NY · On-site
$135K - $150K/yr
The Model Risk Governance and Review Group (MRGR) oversees model risk at the firm, conducts ... Risk Management helps the firm understand, manage and anticipate risks in a constantly changing ...
AI Model Risk Validation Specialist
New York, NY · Hybrid
$100K - $135K/yr
Model risk management practices * Identify gaps and recommend risk mitigation strategies Governance Integration * Provide independent validation input into AI governance decisions * Support the AIS ...
AI Model Risk Validation Specialist
New York, NY · Hybrid
$100K - $135K/yr
Model risk management practices * Identify gaps and recommend risk mitigation strategies Governance Integration * Provide independent validation input into AI governance decisions * Support the AIS ...
Risk Management - Market Risk Model Development - Quantitative Analytics - Vice President
Manhattan, NY · On-site
$123K - $220K/yr
... risk manager, ideally with experience developing or validating models used for valuation or risk management of Fixed Income portfolios * Bachelor of Science degree in Engineering, Mathematics ...
Risk Management - Market Risk Model Development - Quantitative Analytics - Vice President
Manhattan, NY · On-site
$123K - $220K/yr
... risk manager, ideally with experience developing or validating models used for valuation or risk management of Fixed Income portfolios * Bachelor of Science degree in Engineering, Mathematics ...
... risk manager, ideally with experience developing or validating models used for valuation or risk management of Fixed Income portfolios * Bachelor of Science degree in Engineering, Mathematics ...
... risk manager, ideally with experience developing or validating models used for valuation or risk management of Fixed Income portfolios * Bachelor of Science degree in Engineering, Mathematics ...
... risk manager, with experience developing or validating models used for valuation or risk management of Fixed Income portfolios * Bachelor of Science degree in Engineering, Mathematics, Physics ...
... risk manager, with experience developing or validating models used for valuation or risk management of Fixed Income portfolios * Bachelor of Science degree in Engineering, Mathematics, Physics ...
The Model Risk Governance and Review Group (MRGR) oversees model risk at the firm, conducts ... Risk Management helps the firm understand, manage and anticipate risks in a constantly changing ...
The Model Risk Governance and Review Group (MRGR) oversees model risk at the firm, conducts ... Risk Management helps the firm understand, manage and anticipate risks in a constantly changing ...
Model Risk Management * Serve as a key stakeholder and subject matter expert in the firm's model risk governance program * Partner with Quantitative Research, Data Science, and Finance teams to ...
Model Risk Management * Serve as a key stakeholder and subject matter expert in the firm's model risk governance program * Partner with Quantitative Research, Data Science, and Finance teams to ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City. In ...
Model Risk Manager information
See Bronx, NY salary details
$53.7K - $64.9K
4% of jobs
$64.9K - $76.1K
6% of jobs
$76.1K - $87.3K
11% of jobs
$91.5K is the 25th percentile. Wages below this are outliers.
$87.3K - $98.5K
11% of jobs
The median wage is $107.5K / yr.
$98.5K - $109.8K
23% of jobs
$109.8K - $121K
13% of jobs
$128.4K is the 75th percentile. Wages above this are outliers.
$121K - $132.2K
12% of jobs
$132.2K - $143.4K
8% of jobs
$143.4K - $154.7K
6% of jobs
$154.7K - $165.9K
4% of jobs
$165.9K - $177.1K
2% of jobs
$53.7K
$116.2K
$177.1K
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, Retirement, PTO
Posted 17 days ago
Job description
Tradeweb is a global leader in electronic trading across asset classes. As financial markets become increasingly interconnected, our technology enables efficient, multi-asset trading on a global scale. We serve more than 3,000 clients in more than 85 countries, including many of the world's largest banks, asset managers, hedge funds, insurers, corporations, and wealth managers.
Creative collaboration and sharp client focus have helped fuel our organic growth. We facilitated average daily trading volume (ADV) of more than $2.8 trillion over the past four fiscal quarters, topping $3.3 trillion in ADV for the first quarter of 2026.
Since our IPO in 2019, Tradeweb has completed four acquisitions and doubled our revenues - and 2025 was our 26th consecutive year of record revenues.
Tradeweb plays a central role in modernizing market structure by developing innovative trading protocols, embedding analytics into execution, and building technology infrastructure that supports the convergence of traditional and digitally native financial markets. Tradeweb is a great place to work, recognized in 2025 by Forbes as one of America's Best Companies and by U.S. News & World Report as one of the Best Financial Services Companies to Work For.
Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.
Workplace Posters | U.S. Department of Labor
Group Details
Tradeweb is seeking a Risk Management Vice President to support its Model Risk Governance and Model Management framework. Reporting to the Head of Financial Risk, the successful candidate will help manage day-to-day governance activities for models, calculation engines, pricing logic, analytics and related technology changes that may impact external-facing customer pricing or trading workflow outputs.
This role will work closely with Development, Product, Technology, Quantitative Analytics, Risk and other internal stakeholders. The individual will help ensure proposed changes are reviewed through the appropriate governance process, supported by clear documentation and testing evidence, and remain within the defined parameters of Tradeweb's model risk governance program.
The role is well suited to a candidate with practical quantitative and technology fluency, strong governance discipline and the ability to work directly with technical teams to understand calculation logic, ask informed questions, review testing evidence and escalate control concerns. The successful candidate should be comfortable translating technical issues into clear risk and control considerations for Financial Risk management and governance forums.
Job Responsibilities
- Support the day-to-day operation of Tradeweb's model risk governance and model management framework.
- Maintain model governance records, including model inventory information, risk classifications, review status, documentation, approvals, open issues and remediation actions.
- Work with Development and Product teams to understand new or amended calculation engines, pricing logic, analytics, data inputs, assumptions, dependencies and customer-facing impacts.
- Help ensure model and calculation engine changes follow established governance standards for documentation, review, testing, approval, implementation and ongoing monitoring.
- Review validation and testing evidence at an appropriate level, including the reasonableness of test approach, coverage of key scenarios, evidence quality and traceability to the proposed change.
- Challenge model owners, developers and product teams where documentation, testing or governance evidence is incomplete, unclear or inconsistent with required standards.
- Perform high-level review of implementation logic, code or configuration summaries, data flows and controls to assess whether proposed changes are consistent with approved requirements.
- Escalate material issues, control gaps or delays to the Head of Financial Risk and relevant governance forums.
- Prepare concise reporting on model inventory status, review activity, open findings, remediation progress and emerging model governance themes.
- Support governance review of AI, machine learning, generative AI or agentic workflow use cases where applicable, with focus on use case purpose, controls, oversight, documentation and monitoring.
Qualifications
- BA/BS degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, Information Systems, Business or a related discipline.
- 4-7 years of relevant experience in model governance, model validation, risk management, technology risk, product control, software delivery oversight, data analytics, financial technology or a related financial services role.
- Quantitative aptitude with the ability to understand calculation logic, assumptions, inputs, outputs, limitations and testing results at a practical review level.
- Technology fluency, including comfort discussing systems, data flows, development processes and code or configuration changes with technical teams.
- Experience working with developers, product owners, technology teams or business stakeholders to support controlled change delivery.
- Ability to review documentation and testing evidence, identify gaps, ask informed questions and escalate issues appropriately.
- Strong organizational, written and verbal communication skills, with the ability to manage multiple reviews and summarize technical topics for risk management and business stakeholders.
- Strong attention to detail, sound judgment and ability to challenge constructively while maintaining effective working relationships.
- Financial services, fintech, trading, market data, risk management or regulated technology environment experience.
Desired Skills
- Exposure to pricing, valuation, trading analytics, fixed income products, market data, electronic trading or customer-facing financial technology outputs.
- Prior involvement with model inventories, governance committees, change management forums, release governance, audit remediation or internal control programs.
- Experience with technology infrastructure, software development lifecycle controls, data lineage, production support or application control processes.
- Exposure to AI, machine learning, large language models, generative AI or agentic workflows from a governance, controls, risk or technology perspective.
- Ability to read code or query data at a basic to intermediate level; experience with tools such as Python, SQL, Tableau, Power BI, Jira, Confluence or similar platforms is helpful but not required.
- Experience preparing dashboards, metrics, management reporting, workflow documentation or process improvement materials.
Additional Information
Tradeweb is committed to providing valuable and competitive benefits. In addition to working in our culture of innovation and collaboration, we offer:Â
- Health Insurance: Highly competitive medical, dental, and vision programs
- Hybrid Environment: Our employees have the flexibility of working in the office and from home.
- Health Care and Dependent Care Flexible Spending Accounts: You may elect to set aside pre-tax earnings to pay for eligible health care and dependent day care expenses for you and your eligible family members.
- Maven Family Building Benefit: Maven offers support for fertility and preconception; pregnancy and post-partum; adoption; surrogacy and pediatrics for children up to age 10. Tradeweb provide a $10,000 lifetime reimbursement towards fertility, egg freezing, adoption and surrogacy expenses.Â
- Building Wealth - 401(k) Savings Plan: Employees are immediately eligible for the 401(k) plan. Participants may contribute up to 75% of eligible compensation into a traditional 401(k) and/or Roth 401(k). Tradeweb will match 100% of the first 4% of compensation that you contribute.
- The current pay range for this role if performed in the city of New York is currently $ 150,000 to $175,00 per year, based on a regular, full-time schedule. The amount of pay offered will be determined by a number of factors, including but not limited to qualifications, market data, geographic location, and internal guidelines.
Other Benefit Programs
- Pre-Tax Commuter Benefits Program
- ARAG Legal Services
- Employee Assistance Program
- Tuition Reimbursement
- Financial Wellness Tools
- Travel Assistance Benefits
- Pet Insurance
- Corporate Gym Subsidies
- Wellness Perks
- Paid Time Off and Parental Leave