... Risk models * Often responsible for large, complex problems that have broad implications and are ... Manages the integration of activities typically within own team; Demonstrates executive presence;
... Risk models * Often responsible for large, complex problems that have broad implications and are ... Manages the integration of activities typically within own team; Demonstrates executive presence;
... Risk models * Often responsible for large, complex problems that have broad implications and are ... Manages the integration of activities typically within own team; Demonstrates executive presence;
... Risk models * Often responsible for large, complex problems that have broad implications and are ... Manages the integration of activities typically within own team; Demonstrates executive presence;
... Risk models * Often responsible for large, complex problems that have broad implications and are ... Manages the integration of activities typically within own team; Demonstrates executive presence;
... Risk models * Often responsible for large, complex problems that have broad implications and are ... Manages the integration of activities typically within own team; Demonstrates executive presence;
Location: 127 Public Square, Cleveland Ohio ABOUT THE JOB (JOB BRIEF) The Quantitative Analytics Manager is primarily responsible for leading the validation of predictive and machine-learning models ...
Location: 127 Public Square, Cleveland Ohio ABOUT THE JOB (JOB BRIEF) The Quantitative Analytics Manager is primarily responsible for leading the validation of predictive and machine-learning models ...
Work with Model Risk Management (MRM) on compliance considerations for AI/ML models, including alignment with SR 11-7 and responsible AI principles. Team Leadership & Collaboration * Build, mentor ...
Work with Model Risk Management (MRM) on compliance considerations for AI/ML models, including alignment with SR 11-7 and responsible AI principles. Team Leadership & Collaboration * Build, mentor ...
Location: 127 Public Square, Cleveland Ohio ABOUT THE JOB (JOB BRIEF) The Quantitative Analytics Manager is primarily responsible for leading the validation of predictive and machine-learning models ...
Location: 127 Public Square, Cleveland Ohio ABOUT THE JOB (JOB BRIEF) The Quantitative Analytics Manager is primarily responsible for leading the validation of predictive and machine-learning models ...
Director, Risk Analytics/Modeling (PL) (Westlake)
Westlake, OH · On-site
$121K - $269K/yr
Familiarity with model risk management practices (model documentation, validation support, controls ... testing) and regulatory expectations for model governance. * Experience with cloud services and ...
Director, Risk Analytics/Modeling (PL) (Westlake)
Westlake, OH · On-site
$121K - $269K/yr
Familiarity with model risk management practices (model documentation, validation support, controls ... testing) and regulatory expectations for model governance. * Experience with cloud services and ...
Work with Model Risk Management (MRM) on compliance considerations for AI/ML models, including alignment with SR 117 and responsible AI principles. Team Leadership & Collaboration * Build, mentor ...
Work with Model Risk Management (MRM) on compliance considerations for AI/ML models, including alignment with SR 117 and responsible AI principles. Team Leadership & Collaboration * Build, mentor ...
Quant Analytics Assoc - Model Risk
Cleveland, OH · Hybrid
$68K - $103K/yr
... risk models. This role is intended to ensure that models are functioning properly, comply with ... management. Specifically, you will be performing in-depth validations and reviews of new and ...
Quant Analytics Assoc - Model Risk
Cleveland, OH · Hybrid
$68K - $103K/yr
... risk models. This role is intended to ensure that models are functioning properly, comply with ... management. Specifically, you will be performing in-depth validations and reviews of new and ...
Cybersecurity Risk Manager
Fairlawn, OH · On-site +1
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Bachelor's degree in cybersecurity, risk management, or similar field * Minimum of 5 years of ... modeling * 2 + years' experience with cybersecurity related policy, procedures, or standards ...
Cybersecurity Risk Manager
Fairlawn, OH · On-site +1
$70K - $140K/yr
Bachelor's degree in cybersecurity, risk management, or similar field * Minimum of 5 years of ... modeling * 2 + years' experience with cybersecurity related policy, procedures, or standards ...
Cybersecurity Risk Manager
Fairlawn, OH · On-site +1
$70K - $140K/yr
Bachelor's degree in cybersecurity, risk management, or similar field * Minimum of 5 years of ... modeling * 2 + years' experience with cybersecurity related policy, procedures, or standards ...
Cybersecurity Risk Manager
Fairlawn, OH · On-site +1
$70K - $140K/yr
Bachelor's degree in cybersecurity, risk management, or similar field * Minimum of 5 years of ... modeling * 2 + years' experience with cybersecurity related policy, procedures, or standards ...
Governs the risk management program for a line of business through developing risk management ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Governs the risk management program for a line of business through developing risk management ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Governs the risk management program for a line of business through developing risk management ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Governs the risk management program for a line of business through developing risk management ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Line Of Business Risk Manager Senior - Technology Risk
Strongsville, OH · On-site
$146K - $326K/yr
As a Line of Business Risk Manager Senior within PNC's Technology organization, you will be based ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
Line Of Business Risk Manager Senior - Technology Risk
Strongsville, OH · On-site
$146K - $326K/yr
As a Line of Business Risk Manager Senior within PNC's Technology organization, you will be based ... Live the Values - Role models our values with transparency and courage. * Enable Change - Takes ...
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 ...
Risk & Independence Contract Specialist Senior Manager - Advisory Consulting Services
Cleveland, OH · On-site
... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
Risk & Independence Contract Specialist Senior Manager - Advisory Consulting Services
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... Model and reinforce professional and technical standards (e.g. refer to specific - PwC tax and ... The Opportunity As a Risk Management - Contract Specialist - Advisory Consulting Services - Senior ...
Portfolio Analytics & Strategy Analyst (External Fraud Risk Analyst)
Strongsville, OH · On-site
$45K - $98K/yr
... models, third party data, and other tools to develop and execute appropriate segmentation and targeting for acquisition and portfolio strategies to provide insight into portfolio risk. Manages ...
Portfolio Analytics & Strategy Analyst (External Fraud Risk Analyst)
Strongsville, OH · On-site
$45K - $98K/yr
... models, third party data, and other tools to develop and execute appropriate segmentation and targeting for acquisition and portfolio strategies to provide insight into portfolio risk. Manages ...
As a Quantitative Analytics & Model Consultant Senior within PNC's C&IB Commercial Real Estate ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
As a Quantitative Analytics & Model Consultant Senior within PNC's C&IB Commercial Real Estate ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Strong understanding of Deloitte businesses, service offerings, or service delivery models * Experience in conflicts, independence, or a closely related risk-management function within a professional ...
Strong understanding of Deloitte businesses, service offerings, or service delivery models * Experience in conflicts, independence, or a closely related risk-management function within a professional ...
Deliver IRM services including IT controls operating model design, control rationalization ... Build, mentor, and manage highperforming IRM teams at the local, regional, and national level.
Deliver IRM services including IT controls operating model design, control rationalization ... Build, mentor, and manage highperforming IRM teams at the local, regional, and national level.
Model Risk Manager information
See Cleveland, OH salary details
$49.9K - $60.4K
4% of jobs
$60.4K - $70.8K
6% of jobs
$70.8K - $81.3K
11% of jobs
$85.2K is the 25th percentile. Wages below this are outliers.
$81.3K - $91.7K
11% of jobs
The median wage is $100K / yr.
$91.7K - $102.2K
23% of jobs
$102.2K - $112.6K
13% of jobs
$119.5K is the 75th percentile. Wages above this are outliers.
$112.6K - $123.1K
12% of jobs
$123.1K - $133.5K
8% of jobs
$133.5K - $144K
6% of jobs
$144K - $154.4K
4% of jobs
$154.4K - $164.9K
2% of jobs
$49.9K
$108.2K
$164.9K
How much do model risk manager jobs pay per year?
As of Jul 9, 2026, the average yearly pay for model risk manager in Cleveland, OH is $108,190.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,300.00 and $125,100.00 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?
| 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?
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 are popular job titles related to Model Risk Manager jobs in Cleveland, OH? For Model Risk Manager jobs in Cleveland, OH, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Cleveland, OH look for? The top searched job categories for Model Risk Manager jobs in Cleveland, OH are:
What cities near Cleveland, OH are hiring for Model Risk Manager jobs? Cities near Cleveland, OH with the most Model Risk Manager job openings:
Full-time
Re-posted 21 hours ago
KeyBank rating
8.3
Based on 95 frontline employees who took The Breakroom Quiz
30th of 146 rated banks
Job description
Location:
127 Public Square, Cleveland Ohio
The Quantitative Analytics Manager is primarily responsible for leading the validation of predictive and machine-learning models for specific business needs using statistics, advanced mathematical techniques, and/or computer science. The Quantitative Analytics Manager leverages advanced mathematical knowledge, analysis, partnerships, and business knowledge to provide solutions to predictive and prescriptive questions such as "What will happen next?" and "What will we do?". Projects undertaken are often broad in scope across multiple business segments and involve guiding a team and/or project through providing solutions to business problems leveraging statistics, best practices or emerging techniques, and quantitative tools / techniques. Success factors include: Demonstrating leadership through strong communication skills, addressing conflict, coaching others on developing technical skills; managing competing priorities and presenting holistic, thoughtful analyses to answer partners' problem statements; prioritizing multiple projects and managing to tight deadlines; establishing reputation as an effective and collaborative partner; Communicating technical theories, observations, and models to a non-technical audience; Leveraging knowledge of strategy, business, and competition to connect day-to-day work of team to the "bigger picture" and driving efficiency in solution delivery
ESSENTIAL JOB FUNCTIONS
REQUIRED QUALIFICATIONS
DATA LITERACY
TECHNOLOGY & TECHNIQUES
MODEL Validation & Review
EXPECTED COMPETENCIES
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $116,000.00 - $216,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Please click here for a list of benefits for which this position is eligible.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 07/12/2026KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
#LI-Remote
127 Public Square, Cleveland Ohio
The Quantitative Analytics Manager is primarily responsible for leading the validation of predictive and machine-learning models for specific business needs using statistics, advanced mathematical techniques, and/or computer science. The Quantitative Analytics Manager leverages advanced mathematical knowledge, analysis, partnerships, and business knowledge to provide solutions to predictive and prescriptive questions such as "What will happen next?" and "What will we do?". Projects undertaken are often broad in scope across multiple business segments and involve guiding a team and/or project through providing solutions to business problems leveraging statistics, best practices or emerging techniques, and quantitative tools / techniques. Success factors include: Demonstrating leadership through strong communication skills, addressing conflict, coaching others on developing technical skills; managing competing priorities and presenting holistic, thoughtful analyses to answer partners' problem statements; prioritizing multiple projects and managing to tight deadlines; establishing reputation as an effective and collaborative partner; Communicating technical theories, observations, and models to a non-technical audience; Leveraging knowledge of strategy, business, and competition to connect day-to-day work of team to the "bigger picture" and driving efficiency in solution delivery
ESSENTIAL JOB FUNCTIONS
- Independently assess and validate models, inferential methodologies, and analytical frameworks to evaluate their appropriateness, robustness, and effectiveness in addressing business needs and ensuring reliable answers to "What will happen and how confident are we in the results", including CECL, Stress Testing, and Consumer/Commercial Credit Risk models
- Often responsible for large, complex problems that have broad implications and are less frequent
- Identify and articulate observations based on a structured assessment of context, interdependencies, and analytical outcomes, and evaluate their impact on model soundness, reliability, and business use Reviews deliverables; proactively coaches others on approach and work product
- Assess and challenge data preparation practices against established standards and model requirements, engage with data stewards to review data quality, traceability, and efficiency from a validation perspective
- Evaluate the appropriateness of analytical methods used and assess whether they are suitable and well-justified for the given context
REQUIRED QUALIFICATIONS
- Master's degree (or tis equivalent) in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 5 years of relevant experience; or Bachelor's degree (or its equivalent) in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 6 years of relevant experience
DATA LITERACY
- Understanding of:
- Best practices for capturing / retaining data
- Pros / Cons of competing analysis methods
- Experience leading by:
- Partnering with others to anticipate and understand needs process/procedures
- Leading information practices / policies / procedures
- Setting standards and expectations for data analysis tools and techniques; ensuring compliance with application
- Promoting increased efficiency of data analysis by advocating clearer data requirements
TECHNOLOGY & TECHNIQUES
- Advanced modeling techniques, including machine learning methods (e.g., XGBoost, LightGBM, Random Forest), with the ability to evaluate, challenge, and validate model design, tuning approaches, and performance testing
- Advanced Microsoft Office Suite
- SQL/NoSQL
- Relationship data structure
- Selecting and retrieving data including unstructured data retrieval, archival, and ETL
- Databases
- Advanced Python/R/SAS:
- Databases
- Efficient coding
- Can build strong code controls and translate code into high-level commentary
- Understanding of and ability to leverage:
- Cloud-based computing
- Distributed computing
MODEL Validation & Review
- Ability to:
- Establish standards and best practices; forecast future modeling tools / techniques
- Identify, employ, and evangelize emerging techniques from industry / research
- Coach others on data modeling methods / techniques
- Facilitate sessions for complex data models
- Assess and understand risks; contingency plans
- Communicate observations to senior executives
- Translate technical observations to a non-technical audience
EXPECTED COMPETENCIES
- Leadership: Demonstrated leadership; may have direct reports; Assumes accountability for their work; Sought out for advice; Proactively coaches and guides the work of others; Manages the integration of activities typically within own team; Demonstrates executive presence; Offers an opinion, contributes to the conversation
- Partnering / Influencing: Demonstrated ability to engage and partner at mid to senior leadership levels; Established reputation and track record as an effective and collaborative partner; Coaches and develops relationship building skills in others; Demonstrates managerial courage; willing to dissent from others; leverages organizational and professional savvy and persuasive skills to influence others
- Business Acumen: Understands LOB and KeyCorp strategy; Leverages knowledge of our competition and the business to anticipate needs and make recommendations; Understands how business works; Contributes materially to LOB strategy
- Critical Thinking / Problem Solving: Critical thinker: able to anticipate business partner needs; Sees the "bigger picture"; Advises leaders to make informed decisions based on keen critical thinking and problem-solving ability; Sought out for perspective and guidance with tackling challenges; Can make decisions; considers longer term business strategy in recommending solutions
- Communication: Excellent writing skills; develops writing skills in others; Recognizes the need to deliver the right message at the right tie through the right channel; Articulates the broad implications / impact of the message; Anticipates and addresses conflict; Addresses challenging situations; does not shy away from a tough conversation; Strong presentation development; can coach and guide others to get to the appropriate level of detail and send an effective message; Comfortable presenting to senior levels, easily adapts / changes course, presents with confidence; Demonstrates executive presence
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $116,000.00 - $216,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Please click here for a list of benefits for which this position is eligible.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 07/12/2026KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
#LI-Remote
About KeyBank
Sourced by ZipRecruiter
Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Cleveland, OH, US
Year founded
1849