... 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 ...
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 ...
Principal Finance and Risk Analyst
Austin, TX · On-site
$72K - $126K/yr
The Finance and Risk Analyst will play an important role on GF's Risk Management team supporting ... management * Primary team leader for M&A insurance placement * Maintain projected rate model;
Principal Finance and Risk Analyst
Austin, TX · On-site
$72K - $126K/yr
The Finance and Risk Analyst will play an important role on GF's Risk Management team supporting ... management * Primary team leader for M&A insurance placement * Maintain projected rate model;
Director of Product, SeekrGuard
Austin, TX · On-site
$231K - $241K/yr
Background in AI governance, model risk management, compliance platforms, or trust and safety tooling * Experience designing platform surfaces such as audit trails, risk scoring, certification ...
Director of Product, SeekrGuard
Austin, TX · On-site
$231K - $241K/yr
Background in AI governance, model risk management, compliance platforms, or trust and safety tooling * Experience designing platform surfaces such as audit trails, risk scoring, certification ...
Product Mgr, Third-Party Risk Management
Austin, TX · On-site +1
$108K - $148K/yr
Configure and maintain workflows, questionnaires, risk models, and dashboards * Ensure alignment with TPRM operating model and policy requirements * Manage releases, testing, and production ...
Product Mgr, Third-Party Risk Management
Austin, TX · On-site +1
$108K - $148K/yr
Configure and maintain workflows, questionnaires, risk models, and dashboards * Ensure alignment with TPRM operating model and policy requirements * Manage releases, testing, and production ...
Principal Finance and Risk Analyst
Austin, TX · On-site
$72K - $126K/yr
The Finance and Risk Analyst will play an important role on GF's Risk Management team supporting ... management * Primary team leader for M&A insurance placement * Maintain projected rate model;
Principal Finance and Risk Analyst
Austin, TX · On-site
$72K - $126K/yr
The Finance and Risk Analyst will play an important role on GF's Risk Management team supporting ... management * Primary team leader for M&A insurance placement * Maintain projected rate model;
Product Mgr, Third-Party Risk Management
Austin, TX · On-site
$108K - $148K/yr
Configure and maintain workflows, questionnaires, risk models, and dashboards * Ensure alignment with TPRM operating model and policy requirements * Manage releases, testing, and production ...
Product Mgr, Third-Party Risk Management
Austin, TX · On-site
$108K - $148K/yr
Configure and maintain workflows, questionnaires, risk models, and dashboards * Ensure alignment with TPRM operating model and policy requirements * Manage releases, testing, and production ...
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
Own and support model risk management governance for AI products and internal AI tools, ensuring consistent oversight, documentation, and reporting. * Provide regular updates and insights to senior ...
Own and support model risk management governance for AI products and internal AI tools, ensuring consistent oversight, documentation, and reporting. * Provide regular updates and insights to senior ...
AI - Cybersecurity Forward Deployed Engineer - FDE Senior Manager
Austin, TX · On-site
$113K - $155K/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
Austin, TX · On-site
$113K - $155K/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
Senior Product Manager
Austin, TX · On-site
$125K - $165K/yr
Ensure platform capabilities meet compliance, model risk management, and onboarding requirements. * Ensure development and delivery adherence to timelines, quality standards, and strategic objectives.
Senior Product Manager
Austin, TX · On-site
$125K - $165K/yr
Ensure platform capabilities meet compliance, model risk management, and onboarding requirements. * Ensure development and delivery adherence to timelines, quality standards, and strategic objectives.
Senior Product Manager
Austin, TX · On-site
$125K - $165K/yr
Ensure platform capabilities meet compliance, model risk management, and onboarding requirements. * Ensure development anddeliveryadherence to timelines, quality standards, and strategicobjectives.
Senior Product Manager
Austin, TX · On-site
$125K - $165K/yr
Ensure platform capabilities meet compliance, model risk management, and onboarding requirements. * Ensure development anddeliveryadherence to timelines, quality standards, and strategicobjectives.
Experience with statistical modeling and machine learning. * Experience with data visualization ... About the job The Alphabet Enterprise Risk Management team's mission is to improve risk ...
Experience with statistical modeling and machine learning. * Experience with data visualization ... About the job The Alphabet Enterprise Risk Management team's mission is to improve risk ...
Director of Product, SeekrGuard
Austin, TX · On-site
$231K - $241K/yr
Background in AI governance, model risk management, compliance platforms, or trust and safety tooling * Experience designing platform surfaces such as audit trails, risk scoring, certification ...
Director of Product, SeekrGuard
Austin, TX · On-site
$231K - $241K/yr
Background in AI governance, model risk management, compliance platforms, or trust and safety tooling * Experience designing platform surfaces such as audit trails, risk scoring, certification ...
Own and support model risk management governance for AI products and internal AI tools, ensuring consistent oversight, documentation, and reporting. * Provide regular updates and insights to senior ...
Own and support model risk management governance for AI products and internal AI tools, ensuring consistent oversight, documentation, and reporting. * Provide regular updates and insights to senior ...
Experience in/with enterprise risk management ... Experience with statistical modeling and machine learning. * Strong AI forward thinking and ...
Experience in/with enterprise risk management ... Experience with statistical modeling and machine learning. * Strong AI forward thinking and ...
The VP will oversee risk governance, including artificial intelligence and other programs to ... models, investment solutions, fintech tools and practice management services, ensuring that ...
The VP will oversee risk governance, including artificial intelligence and other programs to ... models, investment solutions, fintech tools and practice management services, ensuring that ...
... Risk Scoring and Prioritization Model o Documented likelihood and impact scales o Scoring ... for ongoing risk management II. CANDIDATE SKILLS AND QUALIFICATIONS Minimum Requirements:
... Risk Scoring and Prioritization Model o Documented likelihood and impact scales o Scoring ... for ongoing risk management II. CANDIDATE SKILLS AND QUALIFICATIONS Minimum Requirements:
... model, threat landscape, control environment, regulatory obligations, and enterprise risk ... Manage the internal sales process, including proposal development, competitive assessments, multi ...
... model, threat landscape, control environment, regulatory obligations, and enterprise risk ... Manage the internal sales process, including proposal development, competitive assessments, multi ...
Technical Architect - Data, Analytics & AI
Austin, TX · Hybrid
$62.25 - $80/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Technical Architect - Data, Analytics & AI
Austin, TX · Hybrid
$62.25 - $80/hr
Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...
Model Risk Manager information
See Dripping Springs, TX salary details
$54.7K - $66.1K
4% of jobs
$66.1K - $77.5K
6% of jobs
$77.5K - $89K
11% of jobs
$93.2K is the 25th percentile. Wages below this are outliers.
$89K - $100.4K
11% of jobs
The median wage is $109.5K / yr.
$100.4K - $111.8K
23% of jobs
$111.8K - $123.3K
13% of jobs
$130.8K is the 75th percentile. Wages above this are outliers.
$123.3K - $134.7K
12% of jobs
$134.7K - $146.1K
8% of jobs
$146.1K - $157.6K
6% of jobs
$157.6K - $169K
4% of jobs
$169K - $180.4K
2% of jobs
$54.7K
$118.4K
$180.4K
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?
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 17 days ago
PNC Bank rating
7.7
Based on 342 frontline employees who took The Breakroom Quiz
80th of 149 rated banks
Job description
Job Summary:
As a Data Scientist within PNC's Anti-Money Laundering Analytics & Modeling team, you will be part of a cohesive team of professionals who utilize a variety of statistical techniques to build models to detect, monitor, and avert concerning patterns of account activity. In this role, you will work with key stakeholders across the bank to identify patterns and risk indicators within the firm's account and transaction datasets, identify opportunities for new strategies, and recommend improvements to existing strategies.
You will be leading innovative AML projects that are patentable, utilizing statistical techniques, including logistic regression, clustering, gradient boosting, neural network, and other machine learning algorithms, to design samples and build statistical models.
Specific responsibilities for this role include (but are not limited to):
Use a variety of analytical techniques to extract usable information from various data sources, including customer, account, and transactional data sets
Participate in data set creation, analysis, reporting, model building, model monitoring and model documentation
Effectively communicate analytical results, represent the modeling team in various forums to inform senior executives and various team partners of progress on key modeling efforts
Collaboration with 1st, 2nd and 3rd line of defenses and other key stakeholders
Preferred experience/qualifications:
Master's degree or higher in a quantitative field
Experience with data mining and data preparation for ML models
Proficiency in statistical methods and tools, including experimental design, probability theory, and sampling
Expertise in building, scaling, and optimizing machine learning systems with industry recognized ML frameworks and algorithms
Strong programming skills in Python, PySpark, R, and/or SQL
Experience working with model risk governing bodies in model validation, and with model implementation partners in productionizing a model
Critical thinking and problem-solving aptitude with the ability to apply analytical rigor to complex business problems
Ability to present complex technical concepts clearly and effectively to non-technical stakeholders and business partners
Ability to manage multiple projects simultaneously
Strong teamwork skills and ability to work across different departments
Additional preferred qualifications:
Experience in banking/ financial services
Experience with anti-fraud and/or anti-money laundering modeling
Hands-on experience building various types of AI/ML models, including neural networks
Experience with cloud platforms like AWS, Google Cloud, or AzurePNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.Job Description
- Performs analytical tasks on vast amounts of structured and unstructured data to extract actionable business insights.
- Participates in the data gathering, data processing and data mining of large and complex datasets.
- Develops algorithms using advanced mathematical and statistical techniques like machine learning to predict business outcomes and recommend optimal actions to management.
- Runs analytical experiments in a methodical manner to find opportunities for product and process optimization. Assists in the presentation of business insights to management using visualization technologies and data storytelling.
- May partner with Data Architects, Data Analysts, Data Engineers and Visualization Experts to develop data-driven solutions for the business.
PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:
- Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
- Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
Preferred SkillsAnalytical Thinking, Competitive Advantages, Data Analytics, Data Mining, Data Science, Machine Learning (ML)CompetenciesData Architecture, Data Mining, Disruptive Innovation, Information Capture, Machine Learning, Modeling: Data, Process, Events, Objects, Prototyping, Query and Database Access ToolsWork ExperienceRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.EducationMastersCertificationsNo Required Certification(s)LicensesNo Required License(s)Pay TransparencyBase Salary: $86,250.00 - $172,500.00Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.Application WindowGenerally, this opening is expected to be posted for two business days from 06/26/2026, although it may be longer with business discretion.BenefitsPNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.To learn more about these and other programs, including benefits for full time and part-time employees, visitpncthrive.com.
Disability Accommodations StatementIf an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
California ResidentsRefer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.
About PNC Bank
Sourced by ZipRecruiter
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Pittsburgh, PA, US
Year founded
1852