Responsibilities: · Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Responsibilities: · Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Senior Associate, National Security-Cyber Security Governance
Houston, TX · On-site
$95K - $123K/yr
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Senior Associate, National Security-Cyber Security Governance
Houston, TX · On-site
$95K - $123K/yr
Responsibilities: • Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894 ...
Support and provide model development for pricing, valuation, and risk metrics using historical and forecast market data. * Manage enhancements, configurations, and user support for the PCI ETRM ...
Quick apply
Support and provide model development for pricing, valuation, and risk metrics using historical and forecast market data. * Manage enhancements, configurations, and user support for the PCI ETRM ...
Familiarity with third-party risk management frameworks (TPRM) * Experience with IT financial management, chargeback/showback models * Experience developing vendor market intelligence and ...
Familiarity with third-party risk management frameworks (TPRM) * Experience with IT financial management, chargeback/showback models * Experience developing vendor market intelligence and ...
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
Analyst - Credit Risk Management
Houston, TX · On-site
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
Analyst - Credit Risk Management
Houston, TX · On-site
... the Manager - Credit Risk Management. The Credit Risk Analyst will be involved in evaluating ... Experience with credit scoring and risk management systems, models, and metrics. * Proficient in ...
Endur SME - Risk and Valuation
Houston, TX · On-site
This role is critical to the design, testing, and iteration of risk models and market valuation ... Background in risk management at a trading house, utility, or commodity firm.
Endur SME - Risk and Valuation
Houston, TX · On-site
This role is critical to the design, testing, and iteration of risk models and market valuation ... Background in risk management at a trading house, utility, or commodity firm.
Senior Manager, Global Product Control Crude
Houston, TX · On-site
$180K - $221K/yr
Lead and manage a team of market risk specialists and analysts responsible for day-to-day and ... tactical risk and scenario modeling. * Enforce risk limits, validate physical and financial ...
Senior Manager, Global Product Control Crude
Houston, TX · On-site
$180K - $221K/yr
Lead and manage a team of market risk specialists and analysts responsible for day-to-day and ... tactical risk and scenario modeling. * Enforce risk limits, validate physical and financial ...
Senior Manager, Global Product Control Crude
Houston, TX · On-site
$180K - $221K/yr
Lead and manage a team of market risk specialists and analysts responsible for day-to-day and ... tactical risk and scenario modeling. * Enforce risk limits, validate physical and financial ...
Senior Manager, Global Product Control Crude
Houston, TX · On-site
$180K - $221K/yr
Lead and manage a team of market risk specialists and analysts responsible for day-to-day and ... tactical risk and scenario modeling. * Enforce risk limits, validate physical and financial ...
Technical Manager Commodity Market Risk
Houston, TX · On-site +1
Lead VaR model integrity, P&L decomposition, and and endtoend FEA VaR integrity risk to ensure ... Support quarterly management meeting content for multiple business units relating to proposed Risk ...
Technical Manager Commodity Market Risk
Houston, TX · On-site +1
Lead VaR model integrity, P&L decomposition, and and endtoend FEA VaR integrity risk to ensure ... Support quarterly management meeting content for multiple business units relating to proposed Risk ...
QRM - Contractual Deal Strategy, Contracting and Risk Support Senior Manager - C_MAT
Houston, TX · On-site
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and ...
QRM - Contractual Deal Strategy, Contracting and Risk Support Senior Manager - C_MAT
Houston, TX · On-site
National Office Team The National Office, a key Strategic Enabler in our new model, is comprised of ... The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and ...
CYBERSECURITY RISK ANALYST
Houston, TX · On-site +1
Expertise in vulnerability management processes, penetration testing, and threat modeling ... Perform regular risk assessments of IT and OT systems, including networks, cloud platforms, IoT ...
CYBERSECURITY RISK ANALYST
Houston, TX · On-site +1
Expertise in vulnerability management processes, penetration testing, and threat modeling ... Perform regular risk assessments of IT and OT systems, including networks, cloud platforms, IoT ...
Director Market Risk
Houston, TX · On-site
As part of the risk desk enabling the growth of Chariot/Hanwha Energy USA's business, this role ... management for decision-making purposes * Preparing financial models and data mining tools for ...
Director Market Risk
Houston, TX · On-site
As part of the risk desk enabling the growth of Chariot/Hanwha Energy USA's business, this role ... management for decision-making purposes * Preparing financial models and data mining tools for ...
Project Risk Control Manager
Houston, TX · Hybrid
The position is based in Downtown Houston with a hybrid work model of 3 days in the office and 2 ... Project Risk Framework Leadership: * Design, implement, and govern the Project Risk Management ...
Project Risk Control Manager
Houston, TX · Hybrid
The position is based in Downtown Houston with a hybrid work model of 3 days in the office and 2 ... Project Risk Framework Leadership: * Design, implement, and govern the Project Risk Management ...
Director Market Risk
Houston, TX · On-site
As part of the risk desk enabling the growth of Chariot/Hanwha Energy USA's business, this role ... management for decision-making purposes * Preparing financial models and data mining tools for ...
Director Market Risk
Houston, TX · On-site
As part of the risk desk enabling the growth of Chariot/Hanwha Energy USA's business, this role ... management for decision-making purposes * Preparing financial models and data mining tools for ...
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 ...
Director Market Risk
Houston, TX · On-site
As part of the risk desk enabling the growth of Chariot/Hanwha Energy USA's business, this role ... management for decision-making purposes * Preparing financial models and data mining tools for ...
Quick apply
Director Market Risk
Houston, TX · On-site
As part of the risk desk enabling the growth of Chariot/Hanwha Energy USA's business, this role ... management for decision-making purposes * Preparing financial models and data mining tools for ...
Model Risk Manager information
See Cypress, TX salary details
$44.4K - $53.6K
4% of jobs
$53.6K - $62.9K
6% of jobs
$62.9K - $72.2K
11% of jobs
$75.7K is the 25th percentile. Wages below this are outliers.
$72.2K - $81.5K
11% of jobs
The median wage is $88.9K / yr.
$81.5K - $90.8K
23% of jobs
$90.8K - $100K
13% of jobs
$106.2K is the 75th percentile. Wages above this are outliers.
$100K - $109.3K
12% of jobs
$109.3K - $118.6K
8% of jobs
$118.6K - $127.9K
6% of jobs
$127.9K - $137.2K
4% of jobs
$137.2K - $146.4K
2% of jobs
$44.4K
$96.1K
$146.4K
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?
$95K - $123K/yr
Full-time
Medical, Life, Retirement, PTO
Posted 11 days ago
Job description
Description
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.
The team
At A&M you will have the opportunity to work with a diverse team of supportive and motivated professionals that love to share their knowledge and depth of industry experience with others. A&M's Disputes and Investigations practice comprises professionals from a wide range of backgrounds, who bring and share their deep expertise in conducting investigations and delivering expert witness reports. We have an inclusive developmental environment where everyone has the opportunity to learn and grow. Our culture is characterized by openness and entrepreneurial thinking, with a foundation of mutual respect and high-quality standards for our work. We strive to remove bureaucracy in favor of recognizing effort and results through advancement opportunities and a motivating performance-based reward structure.
How you will contribute
With the rapid adoption of AI technologies and evolving regulatory landscape, demand for AI-focused security analysis and compliance expertise is growing exponentially. Our team supports organizations, investors and counsel in identifying, assessing, and mitigating risks associated with AI system deployment, algorithmic bias, data privacy, and model security. We focus on implementing secure AI/ML pipelines, establishing AI governance frameworks, conducting model risk assessments, and ensuring compliance with emerging AI regulations. Our approach integrates traditional cybersecurity with AI-specific security controls, leveraging automated testing, model monitoring, and adversarial robustness techniques. The team serves as trusted advisors to organizations navigating AI regulatory requirements, security certifications, and responsible AI implementation.
Responsibilities:
· Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894, and emerging AI governance standards. Develop AI risk assessment methodologies and implement continuous monitoring solutions for production ML systems.
· Design and implement secure AI/ML architectures incorporating MLOps security practices, including model versioning, data lineage tracking, feature store security, and secure model deployment pipelines. Integrate security controls for Large Language Models (LLMs), including prompt injection prevention, output filtering, and embedding security.
· Conduct technical assessments of AI/ML systems using tools such as:
· AI Security Tools: Adversarial Robustness Toolbox (ART), Foolbox, CleverHans for adversarial testing
· MLOps Platforms: MLflow, Kubeflow, Amazon SageMaker, Azure ML, Google Vertex AI
· Model Monitoring: Evidently AI, Fiddler AI, WhyLabs, Neptune.ai for drift detection and explainability
· LLM Security: Guardrails AI, NeMo Guardrails, LangChain security modules, OWASP LLM Top 10 tools
· Privacy-Preserving ML: PySyft, TensorFlow Privacy, Opacus for differential privacy implementation
· Implement AI compliance and governance solutions addressing:
· Regulatory Frameworks: EU AI Act, Canada's AIDA, US AI Executive Orders, Singapore's Model AI Governance Framework
· Industry Standards: ISO/IEC 23053, ISO/IEC 23894, IEEE 7000 series, NIST AI RMF
· Sector-Specific Requirements: FDA AI/ML medical device regulations, GDPR Article 22 (automated decision-making), SR 11-7 model risk management
· Develop and execute penetration testing specifically for AI systems, including:
· Model extraction attacks and defenses
· Data poisoning vulnerability assessments
· Membership inference and model inversion testing
· Prompt injection and jailbreaking assessments for LLMs
· Backdoor detection in neural networks
· Program and deploy custom security solutions using:
· Languages: Python (PyTorch, TensorFlow, scikit-learn), R, Julia
· AI Frameworks: Hugging Face Transformers, LangChain, LlamaIndex, AutoML tools
· Security Libraries: SHAP, LIME for explainability; Fairlearn, AIF360 for bias detection
· Infrastructure: Docker, Kubernetes, Terraform for secure AI deployment
· Integrate AI security with traditional security frameworks including Zero Trust architecture, IAM solutions, and SIEM platforms. Implement automated compliance monitoring using AI-powered security orchestration tools (SOAR platforms like Splunk Phantom, Palo Alto Cortex XSOAR).
· Assess and mitigate risks in:
· Foundation models and transfer learning implementations
· Federated learning systems
· Edge AI deployments
· Multi-modal AI systems
· Generative AI applications (GPT, DALL-E, Stable Diffusion implementations)
· Create technical documentation including AI system security architecture reviews, threat models specific to ML pipelines, compliance mappings, and remediation roadmaps aligned with both traditional security standards (NIST 800-53, ISO 27001) and AI-specific frameworks.
· Availability for up to 15% travel required to client sites and assessment locations.
Qualifications:
· 3+ years of experience in AI/ML development, deployment, or security assessment
· 2+ years of experience in information security, with focus on application security or cloud security
· Hands-on experience with AI/ML frameworks (TensorFlow, PyTorch, scikit-learn, Hugging Face)
· Proficiency in Python programming with experience in AI/ML libraries and security testing tools
· Experience with cloud AI platforms (AWS SageMaker, Azure ML, Google Vertex AI, Databricks)
· Knowledge of AI compliance frameworks: NIST AI RMF, EU AI Act requirements, ISO/IEC 23053/23894
· Experience with MLOps tools and secure model deployment practices
· Understanding of adversarial machine learning and AI security threats (OWASP ML Top 10, ATLAS framework)
· Familiarity with privacy-preserving ML techniques (differential privacy, federated learning, homomorphic encryption basics)
· Experience with containerization (Docker, Kubernetes) and infrastructure as code
· Knowledge of traditional security frameworks (NIST CSF, NIST 800-53, ISO 27001)
· Ability to obtain a USG security clearance
Preferred Certifications:
· One or more AI/ML certifications: AWS Certified Machine Learning, Google Cloud Professional ML Engineer, Azure AI Engineer
· Security certifications: CISSP, CCSP, CompTIA Security+, CEH
· Specialized: GIAC AI Security Essentials (GAISE), Certified AI Auditor (when available)
Your journey at A&M
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M’s benefits programs
The salary range is $80,000 - $110,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
A&M does not require or administer lie detector tests as a condition of employment or continued employment. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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About Alvarez & Marsal
Sourced by ZipRecruiter
Industry
Business management consulting
Company size
5,001 - 10,000 Employees
Headquarters location
New York, NY, US
Year founded
1983