Knowledge of AI/automation governance considerations (model risk, auditability, bias mitigation ... As a Manager and Governance & Standards Lead within our Finance Transformation Tech Enablement team ...
Knowledge of AI/automation governance considerations (model risk, auditability, bias mitigation ... As a Manager and Governance & Standards Lead within our Finance Transformation Tech Enablement team ...
Chief Risk Officer
Philadelphia, PA · On-site +1
$185K - $250K/yr
Aligning risk management with the overall company goals and objectives · Analytical Rigor : Strong quantitative skills to interpret complex data and risk models. · Proficient with Microsoft Office ...
Quick apply
Chief Risk Officer
Philadelphia, PA · On-site +1
$185K - $250K/yr
Aligning risk management with the overall company goals and objectives · Analytical Rigor : Strong quantitative skills to interpret complex data and risk models. · Proficient with Microsoft Office ...
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... project success - Modeling and reinforcing professional and technical standards, including ...
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... project success - Modeling and reinforcing professional and technical standards, including ...
Support the development and operationalization of model risk management (MRM) practices for AI and traditional models across the model lifecycle (development, testing/validation, deployment ...
Support the development and operationalization of model risk management (MRM) practices for AI and traditional models across the model lifecycle (development, testing/validation, deployment ...
... model documentation Effectively communicate analytical results, represent the modeling team in ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
... model documentation Effectively communicate analytical results, represent the modeling team in ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Assess and design risk management strategies for new and emerging digital asset business models, including regulatory, operational, BSA/AML, cyber, and financial risks. * Analyze business processes ...
Assess and design risk management strategies for new and emerging digital asset business models, including regulatory, operational, BSA/AML, cyber, and financial risks. * Analyze business processes ...
Assess and design risk management strategies for new and emerging digital asset business models, including regulatory, operational, BSA/AML, cyber, and financial risks. * Analyze business processes ...
Assess and design risk management strategies for new and emerging digital asset business models, including regulatory, operational, BSA/AML, cyber, and financial risks. * Analyze business processes ...
Strong understanding of the professional services model (ideally for tax services), including the ... Quality Risk Manager (QRM) network. This network is comprised of senior Tax PPMDs across the ...
Strong understanding of the professional services model (ideally for tax services), including the ... Quality Risk Manager (QRM) network. This network is comprised of senior Tax PPMDs across the ...
Ability to manage risk, make sound decisions by having a deep understanding of industry regulations ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Ability to manage risk, make sound decisions by having a deep understanding of industry regulations ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Partner with cross-functional teams to implement and operationalize governance frameworks such as data privacy, model risk management, and AI compliance initiatives, Fintech Platform & Ecosystem ...
Partner with cross-functional teams to implement and operationalize governance frameworks such as data privacy, model risk management, and AI compliance initiatives, Fintech Platform & Ecosystem ...
Model Risk Management Partnership * Partner closely with the Model Risk Management (MRM) function. * Ensure AI and ML use cases are appropriately classified and routed to MRM where required. * Align ...
Model Risk Management Partnership * Partner closely with the Model Risk Management (MRM) function. * Ensure AI and ML use cases are appropriately classified and routed to MRM where required. * Align ...
VP, IT Enterprise AI
Edgewater Park, NJ · On-site
$152K - $191K/yr
Model risk management (bias, drift, explainability, monitoring); Data privacy/security requirements and information protection; Vendor/third-party AI risk and contract standards; AI usage standards ...
VP, IT Enterprise AI
Edgewater Park, NJ · On-site
$152K - $191K/yr
Model risk management (bias, drift, explainability, monitoring); Data privacy/security requirements and information protection; Vendor/third-party AI risk and contract standards; AI usage standards ...
VP, IT Enterprise AI
Beverly, NJ · On-site
$152K - $190K/yr
Model risk management (bias, drift, explainability, monitoring); Data privacy/security requirements and information protection; Vendor/third-party AI risk and contract standards; AI usage standards ...
VP, IT Enterprise AI
Beverly, NJ · On-site
$152K - $190K/yr
Model risk management (bias, drift, explainability, monitoring); Data privacy/security requirements and information protection; Vendor/third-party AI risk and contract standards; AI usage standards ...
AI - Cybersecurity Forward Deployed Engineer - FDE Senior Manager
Philadelphia, PA · On-site
$115K - $158K/yr
EU AI Act, NIST AI RMF, and model risk management applied to live production systems, not theoretical compliance exercises * Shape AI reinvention security strategy for client CISO and CTO: build risk ...
New
AI - Cybersecurity Forward Deployed Engineer - FDE Senior Manager
Philadelphia, PA · On-site
$115K - $158K/yr
EU AI Act, NIST AI RMF, and model risk management applied to live production systems, not theoretical compliance exercises * Shape AI reinvention security strategy for client CISO and CTO: build risk ...
New
EU AI Act, NIST AI RMF, and model risk management applied to live production systems, not theoretical compliance exercises * Shape AI reinvention security strategy for client CISO and CTO: build risk ...
New
EU AI Act, NIST AI RMF, and model risk management applied to live production systems, not theoretical compliance exercises * Shape AI reinvention security strategy for client CISO and CTO: build risk ...
New
Contribute to the enterprise AI governance framework, including acceptable use policies, model risk management, and human-in-the-loop review processes. Cross-Functional Leadership & Stakeholder ...
Contribute to the enterprise AI governance framework, including acceptable use policies, model risk management, and human-in-the-loop review processes. Cross-Functional Leadership & Stakeholder ...
Contribute to the enterprise AI governance framework, including acceptable use policies, model risk management, and human-in-the-loop review processes. Cross-Functional Leadership & Stakeholder ...
Contribute to the enterprise AI governance framework, including acceptable use policies, model risk management, and human-in-the-loop review processes. Cross-Functional Leadership & Stakeholder ...
Risk Engineer (All Levels & Specialty Areas)
$102K - $153K/yr
This is not just about assessing risk-it'sabout shaping the future of risk management ... model to form partnerships while mitigating risk * Collaborate with underwriting, claims ...
Risk Engineer (All Levels & Specialty Areas)
$102K - $153K/yr
This is not just about assessing risk-it'sabout shaping the future of risk management ... model to form partnerships while mitigating risk * Collaborate with underwriting, claims ...
... Model Development, Operational Risks, Quantitative Models, Risk Appetite Competencies Analytical Approach, Banking Products, Big Data Management and Analytics, Business Analytics, Credit Risk ...
... Model Development, Operational Risks, Quantitative Models, Risk Appetite Competencies Analytical Approach, Banking Products, Big Data Management and Analytics, Business Analytics, Credit Risk ...
Support in data review and management Requirements: * Bachelor's degree in environmental science ... Minimum 5 years of experience performing ecological risk assessment modeling and report writing.
Quick apply
Support in data review and management Requirements: * Bachelor's degree in environmental science ... Minimum 5 years of experience performing ecological risk assessment modeling and report writing.
Model Risk Manager information
See Burlington, NJ salary details
$50.4K - $60.9K
4% of jobs
$60.9K - $71.4K
6% of jobs
$71.4K - $82K
11% of jobs
$85.9K is the 25th percentile. Wages below this are outliers.
$82K - $92.5K
11% of jobs
The median wage is $100.9K / yr.
$92.5K - $103K
23% of jobs
$103K - $113.6K
13% of jobs
$120.5K is the 75th percentile. Wages above this are outliers.
$113.6K - $124.1K
12% of jobs
$124.1K - $134.6K
8% of jobs
$134.6K - $145.2K
6% of jobs
$145.2K - $155.7K
4% of jobs
$155.7K - $166.2K
2% of jobs
$50.4K
$109.1K
$166.2K
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?
Deloitte rating
8.1
Based on 90 frontline employees who took The Breakroom Quiz
60th of 148 rated financial services
Job description
Step into a role where you'll help shape the future of finance. As part of our Finance Transformation team, you'll collaborate with CFOs, finance leaders, and executive clients to solve their most complex challenges. Leveraging Deloitte's unmatched resources and deep industry insights, you'll deliver innovative, market-driven solutions that modernize finance functions, elevate performance, and drive meaningful organizational change. Join us to empower clients to become strategic business partners, manage risk, and unlock new levels of financial and operational excellence.
Recruiting for this role ends 09/30/2026.
As a Manager and Governance & Standards Lead within our Finance Transformation Tech Enablement team, you will establish the frameworks, guardrails, and operating standards that enable the Tech Enablement team to scale consistently and with quality. You will own cross-workstream consistency, risk management practices, and the governance structures that underpin platform delivery.
Work You Will Do
Frameworks & Standards Development
- Design and implement governance frameworks, delivery standards, and quality guardrails for the Tech Enablement team across all workstreams.
- Establish and maintain documentation standards for solution architecture, process flows, integration designs, and AI/automation outputs.
- Define cross-team consistency requirements-templates, naming conventions, reuse patterns, and review checkpoints-to reduce rework and accelerate delivery.
- Own the team's operating model documentation, including onboarding guides, delivery playbooks, and escalation protocols.
Risk, Controls & Compliance
- Identify, assess, and communicate delivery and technical risks across all active workstreams; develop and track mitigation plans.
- Ensure platform solutions meet finance-specific compliance requirements, including SOX controls, audit trails, access controls, and data retention policies.
- Partner with technical architects and process leads to embed control points into solution designs (approvals, segregation of duties, auditability).
- Lead readiness assessments for platform deployments, ensuring quality gates are met before production releases.
Cross-Workstream Coordination
- Serve as the integration point across US and offshore workstreams to ensure alignment on standards, timelines, and dependencies.
- Facilitate governance forums, design reviews, and quality checkpoints; escalate blockers proactively.
- Track and report on team-level KPIs, delivery metrics, and quality indicators for leadership visibility.
Team Development
- Mentor team members on governance, documentation, and quality practices.
- Champion continuous improvement of the team's delivery operating model as the team scales.
The team
Our Finance Operate offering provides ongoing operation of the Finance function as an extension of Deloitte's Finance Transformation Advise and Implement offering portfolio. The team works across finance strategy, process, operations, and technology to help organizations enable scalable finance outcomes. Professionals in this practice support delivery in complex environments while helping clients advance modernization across Finance Operate capabilities.
Qualifications
Required
- Bachelor's degree in Business, Information Systems, Finance, or related field.
- 7+ years of experience in technology delivery, consulting, or program management, with demonstrated ownership of governance and standards functions.
- Strong understanding of risk management, quality assurance, and compliance frameworks in a technology or consulting context.
- Experience developing and enforcing documentation, delivery, and quality standards across distributed teams.
- Excellent communication, facilitation, and organizational skills; proven ability to work across senior stakeholders.
- Familiarity with finance-specific compliance and controls requirements (SOX, audit trail, access control frameworks).
- Ability to travel 25%, on average, based on the work you do and the clients and industries/sectors you serve
- Limited immigration sponsorship may be available
Preferred
- PMP, PMI-ACP, SAFe, or related program management/delivery certifications.
- Experience in managed services or Finance Operate delivery environments.
- Knowledge of AI/automation governance considerations (model risk, auditability, bias mitigation).
- Familiarity with Agile delivery tools (Jira, Azure DevOps, Confluence).
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $128,000-$252,000.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Qualifications:Step into a role where you'll help shape the future of finance. As part of our Finance Transformation team, you'll collaborate with CFOs, finance leaders, and executive clients to solve their most complex challenges. Leveraging Deloitte's unmatched resources and deep industry insights, you'll deliver innovative, market-driven solutions that modernize finance functions, elevate performance, and drive meaningful organizational change. Join us to empower clients to become strategic business partners, manage risk, and unlock new levels of financial and operational excellence.
Recruiting for this role ends 09/30/2026.
As a Manager and Governance & Standards Lead within our Finance Transformation Tech Enablement team, you will establish the frameworks, guardrails, and operating standards that enable the Tech Enablement team to scale consistently and with quality. You will own cross-workstream consistency, risk management practices, and the governance structures that underpin platform delivery.
Work You Will Do
Frameworks & Standards Development
- Design and implement governance frameworks, delivery standards, and quality guardrails for the Tech Enablement team across all workstreams.
- Establish and maintain documentation standards for solution architecture, process flows, integration designs, and AI/automation outputs.
- Define cross-team consistency requirements-templates, naming conventions, reuse patterns, and review checkpoints-to reduce rework and accelerate delivery.
- Own the team's operating model documentation, including onboarding guides, delivery playbooks, and escalation protocols.
Risk, Controls & Compliance
- Identify, assess, and communicate delivery and technical risks across all active workstreams; develop and track mitigation plans.
- Ensure platform solutions meet finance-specific compliance requirements, including SOX controls, audit trails, access controls, and data retention policies.
- Partner with technical architects and process leads to embed control points into solution designs (approvals, segregation of duties, auditability).
- Lead readiness assessments for platform deployments, ensuring quality gates are met before production releases.
Cross-Workstream Coordination
- Serve as the integration point across US and offshore workstreams to ensure alignment on standards, timelines, and dependencies.
- Facilitate governance forums, design reviews, and quality checkpoints; escalate blockers proactively.
- Track and report on team-level KPIs, delivery metrics, and quality indicators for leadership visibility.
Team Development
- Mentor team members on governance, documentation, and quality practices.
- Champion continuous improvement of the team's delivery operating model as the team scales.
The team
Our Finance Operate offering provides ongoing operation of the Finance function as an extension of Deloitte's Finance Transformation Advise and Implement offering portfolio. The team works across finance strategy, process, operations, and technology to help organizations enable scalable finance outcomes. Professionals in this practice support delivery in complex environments while helping clients advance modernization across Finance Operate capabilities.
Qualifications
Required
- Bachelor's degree in Business, Information Systems, Finance, or related field.
- 7+ years of experience in technology delivery, consulting, or program management, with demonstrated ownership of governance and standards functions.
- Strong understanding of risk management, quality assurance, and compliance frameworks in a technology or consulting context.
- Experience developing and enforcing documentation, delivery, and quality standards across distributed teams.
- Excellent communication, facilitation, and organizational skills; proven ability to work across senior stakeholders.
- Familiarity with finance-specific compliance and controls requirements (SOX, audit trail, access control frameworks).
- Ability to travel 25%, on average, based on the work you do and the clients and industries/sectors you serve
- Limited immigration sponsorship may be available
Preferred
- PMP, PMI-ACP, SAFe, or related program management/delivery certifications.
- Experience in managed services or Finance Operate delivery environments.
- Knowledge of AI/automation governance considerations (model risk, auditability, bias mitigation).
- Familiarity with Agile delivery tools (Jira, Azure DevOps, Confluence).
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $128,000-$252,000.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Education:Bachelor's DegreeEmployment Type: