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Model Risk Manager Jobs in Charlottesville, VA (NOW HIRING)

... Risk & Quality * Ensure compliance with healthcare regulations, accreditation standards, and ... Knowledge of HR processes, scheduling models, and basic financial management * Familiarity with ...

... Risk & Quality * Ensure compliance with healthcare regulations, accreditation standards, and ... Knowledge of HR processes, scheduling models, and basic financial management * Familiarity with ...

CNA

Charlottesville, VA · On-site

$17.30 - $21.70/hr

Skilled nursing transformation and Resident Centered Care model Guest/Resident, Family and Visitor ... Risk Management and General Safety * Partner with community team to ensure community is in ...

CNA

Charlottesville, VA · On-site

$17.30 - $21.70/hr

Skilled nursing transformation and Resident Centered Care model Guest/Resident, Family and Visitor ... Risk Management and General Safety * Partner with community team to ensure community is in ...

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Model Risk Manager information

See Charlottesville, VA salary details

$51.1K

$110.6K

$168.6K

How much do model risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for model risk manager in Charlottesville, VA is $110,627.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,200.00 and $127,900.00 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 Charlottesville, VA look for? The top searched job categories for Model Risk Manager jobs in Charlottesville, VA are:
What cities near Charlottesville, VA are hiring for Model Risk Manager jobs? Cities near Charlottesville, VA with the most Model Risk Manager job openings:
Chief Information Security Officer

Chief Information Security Officer

University of Virginia

Charlottesville, VA

Other

Posted 10 days ago


University Of Virginia rating

7.8

Company rating: 7.8 out of 10

Based on 34 frontline employees who took The Breakroom Quiz

192nd of 537 rated colleges and universities


Job description

The University of Virginia (UVA), one of the nation's leading public institutions, seeks an experienced, dynamic, and mission-driven leader to be the next Chief Information Security Officer (CISO). Reporting to the Vice Presdient and Chief Information Officer (CIO), the CISO will provide strategic leadership and oversight to a diverse portfolio. They will lead high-performing teams and work collaboratively across a large, complex institution.
The CISO must enjoy engaging with the University community, drawing on strong communication skills, a natural ability to build relationships, and comfort explaining complex technical concepts to faculty and staff at all levels. The complexity of this position requires strong leadership, collaboration and partnership skills, and the ability to balance the urgency surrounding the risk of emerging threats with university strategies and business needs.
Position Summary
As a critical member of the Information Technology Services (ITS) leadership team, this pivotal role is responsible for establishing and maintaining a university-wide information security management program to ensure that the university's data and assets are adequately protected. The CISO must stay current with the evolving threat landscape (particularly involving AI-based threats), ensure staff are upskilling to keep pace, and challenging the status quo to ensure the University maximizes its investment in its information security resources. The candidate will work closely with IT leadership, administrative leaders, and academic faculties across Grounds to identify, evaluate, and report on information security risks in a manner that meets compliance and regulatory requirements and aligns with and supports the risk posture of the University.
Key responsibilities include:

  • Information Security Program Leadership
  • Team Leadership
  • Policy, Compliance and Audit
  • Community and Partner Engagement
  • Risk Management, Security Operations, Projects, and Incident Response
Attributes, Competencies, and Qualifications
The successful candidate will bring a distinctive blend of leadership, strategic perspective, and technical expertise to advance the institution's information security strategy, strengthen organizational resilience, and build trusted partnerships across the univeristy.
The ideal candidate will demonstrate the following attributes:
  • Curious - Asks thoughtful questions, listens actively, and seeks understanding before taking action.
  • Entrepreneurial - Embraces new ideas, explores innovative solutions, and remains open to different approaches.
  • Resourceful - Identifies practical solutions, navigates constraints effectively, and remains focused despite obstacles.
  • Collaborative - Builds strong relationships, values consultation, and engages stakeholders in developing solutions.
  • Adaptable - Questions existing processes constructively and adjusts effectively as priorities and circumstances evolve.
  • User-Centered - Considers the impact of security practices and technologies on users' ability to work effectively and achieve their goals.
  • Growth-Oriented - Fosters a culture of continuous learning, encourages skill development, and helps teams embrace new approaches as needs change.
In addition, the successful candidate will possess many of the following compencies and qualifications:
  • A bachelor's degree in Information Technology, Computer Science, Information Systems, or a related field (advanced degree preferred).
  • Professional security management certification is strongly desired, such as Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), Certified Information Systems Auditor (CISA), or other similar credentials.
  • At least 10 years of experience in a combination of risk management, information security, and IT jobs (at least five must be in a senior leadership role).
  • Knowledge of common information security management frameworks, such as ISO/IEC 27001, and NIST 800-53, 800-174, and Cybersecurity Framework (CSF).
  • Familiarity with AI and machine learning-based tools used across the information security lifecycle.
  • Experience with contract and vendor negotiations and management, including managed services.
  • Experience with Cloud Computing/IaaS/PaaS/SaaS technologies and services.
  • Strong understanding of the higher education sector's policy, regulatory, and legislative environment is preferred.
  • Excellent written and verbal communication skills, interpersonal, relationship-building, and collaborative skills, and the ability to communicate security and risk-related concepts to technical and nontechnical audiences at all levels.

The CISO role is based in Charlottesville, VA, with an expectation of strong in-person presence to effectively engage with leadership and stakeholders. A hybrid work model is available, with flexibility to work remotely when appropriate and consistent with the needs of the organization.
The full position description can be viewed here.
To Apply
The University of Virginia has retained Opus Partners to support this recruitment. Katie Dean , Senior Partner, and Abigail Maynard , Manging Associate, are leading the search. Applications (resume and letter of interest), confidential inquiries, and nominations should be sent to Abigail Maynard at abigail.maynard@opuspartners.net .
The University of Virginia is an equal opportunity employer. All interested persons are encouraged to apply, including veterans and individuals with disabilities. Learn more about UVA's commitment to non-discrimination and equal opportunity employment .
The University of Virginia is an equal opportunity employer. All interested persons are encouraged to apply, including veterans and individuals with disabilities. Learn more about UVA's commitment to non-discrimination and equal opportunity employment .

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About University of Virginia

Sourced by ZipRecruiter

The University of Virginia is distinctive among institutions of higher education. Founded by Thomas Jefferson in 1819, the University sustains the ideal of developing, through education, leaders who are well-prepared to shape the future of the nation.

Industry

Colleges, universities, and professional schools

Company size

10,000+ Employees

Headquarters location

Charlottesville, VA, US

Year founded

1819