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
Rochester, NY · 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
Rochester, NY · 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 ...
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 ...
R&I Managed Services Deals Desk Senior Manager
$91K - $321K/yr
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... project success - Modeling and reinforcing professional and technical standards, including ...
R&I Managed Services Deals Desk Senior Manager
$91K - $321K/yr
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... project success - Modeling and reinforcing professional and technical standards, including ...
Senior Manager, Internal Investigations
Rochester, NY · On-site
$91K - $321K/yr
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... Modeling and reinforcing professional and technical standards, including the Firm's code of conduct ...
Senior Manager, Internal Investigations
Rochester, NY · On-site
$91K - $321K/yr
Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior ... Modeling and reinforcing professional and technical standards, including the Firm's code of conduct ...
The ideal candidate will collaborate with portfolio managers and contribute to risk management ... Enjoy a hybrid work model with flexibility to work from home. * Collaborate with a diverse and ...
The ideal candidate will collaborate with portfolio managers and contribute to risk management ... Enjoy a hybrid work model with flexibility to work from home. * Collaborate with a diverse and ...
This role follows a hybrid work model, requiring onsite presence four days per week at one of the ... Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring ...
This role follows a hybrid work model, requiring onsite presence four days per week at one of the ... Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring ...
This role follows a hybrid work model, requiring onsite presence four days per week at one of the ... Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring ...
This role follows a hybrid work model, requiring onsite presence four days per week at one of the ... Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring ...
This role follows a hybrid work model, requiring onsite presence four days per week at one of the ... Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring ...
This role follows a hybrid work model, requiring onsite presence four days per week at one of the ... Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring ...
... Model: On-the-Job Training (OJT) with structured mentorship Livingston Associates is a mission ... The position offers a strong pathway to leadership in business operations, compliance, or risk ...
... Model: On-the-Job Training (OJT) with structured mentorship Livingston Associates is a mission ... The position offers a strong pathway to leadership in business operations, compliance, or risk ...
Branch Manager
Rochester, NY · On-site
Actively models and coaches customer service and needs determination behaviors. Reinforces and ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Branch Manager
Rochester, NY · On-site
Actively models and coaches customer service and needs determination behaviors. Reinforces and ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Branch Manager
Rochester, NY · On-site
Actively models and coaches customer service and needs determination behaviors. Reinforces and ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Branch Manager
Rochester, NY · On-site
Actively models and coaches customer service and needs determination behaviors. Reinforces and ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Cyber Data Protection/PKI Manager
$109K - $148K/yr
Designing, implementing, and operating technology and process solutions to reduce data risk ... Deep expertise in PKI architecture and enterprise trust models * 5+ years leading CLM strategy ...
Cyber Data Protection/PKI Manager
$109K - $148K/yr
Designing, implementing, and operating technology and process solutions to reduce data risk ... Deep expertise in PKI architecture and enterprise trust models * 5+ years leading CLM strategy ...
SkillBridge Business Operations and Compliance Manager (Rochester, NY)
Rochester, NY · On-site
$70K - $80K/yr
... Model: On-the-Job Training (OJT) with structured mentorship Livingston Associates is a mission ... The position offers a strong pathway to leadership in business operations, compliance, or risk ...
SkillBridge Business Operations and Compliance Manager (Rochester, NY)
Rochester, NY · On-site
$70K - $80K/yr
... Model: On-the-Job Training (OJT) with structured mentorship Livingston Associates is a mission ... The position offers a strong pathway to leadership in business operations, compliance, or risk ...
... Model: On-the-Job Training (OJT) with structured mentorship Livingston Associates is a mission ... The position offers a strong pathway to leadership in business operations, compliance, or risk ...
... Model: On-the-Job Training (OJT) with structured mentorship Livingston Associates is a mission ... The position offers a strong pathway to leadership in business operations, compliance, or risk ...
... models, risk, provision and compliance. Qualifications Required: * Ability to perform job ... PMP (Project Management Certification) * Contract & Commercial Management (CCM) Certification ...
... models, risk, provision and compliance. Qualifications Required: * Ability to perform job ... PMP (Project Management Certification) * Contract & Commercial Management (CCM) Certification ...
Project Manager
Rochester, NY · On-site
$106K - $159K/yr
Risk Management * Identify technical, operational, or scheduling risks and propose mitigation ... Familiarity with FEL methodologies and EPC/project delivery models. Compensation Range: The base ...
Project Manager
Rochester, NY · On-site
$106K - $159K/yr
Risk Management * Identify technical, operational, or scheduling risks and propose mitigation ... Familiarity with FEL methodologies and EPC/project delivery models. Compensation Range: The base ...
Assistant Branch Manager
Pittsford, NY · On-site
$26 - $43.34/hr
... branch system through modeling and coaching the Bank's sales process. Plays key role in ... Identify risk-related issues needing escalation to management. * Promote an environment that ...
Assistant Branch Manager
Pittsford, NY · On-site
$26 - $43.34/hr
... branch system through modeling and coaching the Bank's sales process. Plays key role in ... Identify risk-related issues needing escalation to management. * Promote an environment that ...
Assistant Branch Manager
Pittsford, NY · On-site
... branch system through modeling and coaching the Bank's sales process. Plays key role in ... Identify risk-related issues needing escalation to management. * Promote an environment that ...
Assistant Branch Manager
Pittsford, NY · On-site
... branch system through modeling and coaching the Bank's sales process. Plays key role in ... Identify risk-related issues needing escalation to management. * Promote an environment that ...
EB Account Manager
Rochester, NY · On-site
Develop alternative strategies, plan modeling, and identify cost-reduction opportunities ... Through USI ONE, we develop strategic, timely, and effective risk management and benefit programs ...
EB Account Manager
Rochester, NY · On-site
Develop alternative strategies, plan modeling, and identify cost-reduction opportunities ... Through USI ONE, we develop strategic, timely, and effective risk management and benefit programs ...
Model Risk Manager information
See Geneseo, NY salary details
$49.7K - $60.1K
4% of jobs
$60.1K - $70.4K
6% of jobs
$70.4K - $80.8K
11% of jobs
$84.7K is the 25th percentile. Wages below this are outliers.
$80.8K - $91.2K
11% of jobs
The median wage is $99.5K / yr.
$91.2K - $101.6K
23% of jobs
$101.6K - $112K
13% of jobs
$118.8K is the 75th percentile. Wages above this are outliers.
$112K - $122.4K
12% of jobs
$122.4K - $132.8K
8% of jobs
$132.8K - $143.2K
6% of jobs
$143.2K - $153.5K
4% of jobs
$153.5K - $163.9K
2% of jobs
$49.7K
$107.6K
$163.9K
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, Retirement, PTO
Posted 4 days ago
PwC rating
8.3
Based on 75 frontline employees who took The Breakroom Quiz
21st of 58 rated business consultants
Job description
Industry/Sector
Not ApplicableSpecialism
IFS - Risk & Quality (R&Q)Management Level
Senior ManagerJob Description & Summary
At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.
Those in enterprise risk management at PwC will focus on identifying and mitigating potential risks that could impact an organisation's operations and objectives. You will be responsible for developing business strategies to effectively manage and navigate risks in a rapidly changing business environment.
Growing as a strategic advisor, you leverage your influence, expertise, and network to deliver quality results. You motivate and coach others, coming together to solve complex problems. As you increase in autonomy, you apply sound judgment, recognising when to take action and when to escalate. You are expected to solve through complexity, ask thoughtful questions, and clearly communicate how things fit together. Your ability to develop and sustain high performing, diverse, and inclusive teams, and your commitment to excellence, contributes to the success of our Firm.
Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:
- Craft and convey clear, impactful and engaging messages that tell a holistic story.
- Apply systems thinking to identify underlying problems and/or opportunities.
- Validate outcomes with clients, share alternative perspectives, and act on client feedback.
- Direct the team through complexity, demonstrating composure through ambiguous, challenging and uncertain situations.
- Deepen and evolve your expertise with a focus on staying relevant.
- Initiate open and honest coaching conversations at all levels.
- Make difficult decisions and take action to resolve issues hindering team effectiveness.
- Model and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.
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 implementation, and regulatory management. You will play a pivotal role in identifying and mitigating risks, confirming that operations and core business functions remain resilient against unforeseen disruptions. As a Senior Manager, you will leverage your strategic advising skills and influence to drive project success and maintain operational excellence. You will be responsible for developing high-performing teams, solving complex problems, and applying sound judgment to make informed decisions. Your role will involve crafting clear and impactful messages, validating outcomes with stakeholders, and fostering a culture of continuous improvement.
As a contract specialist, you will negotiate risk, legal, and commercial terms in services contracts with PwC's clients (sell-side contracts, not procurement). Contract Specialists collaborate with R&I risk management and PwC business teams to (1) evaluate contract and related performance risks, (2) educate stakeholders and clients on contract provisions, (3) redline/negotiate contracts with clients' procurement, legal and outside counsel, and (4) develop internal controls to establish and reinforce contract compliance. In this role, you will collaborate across diverse teams to implement risk management frameworks and enhance business processes, driving firm success through innovation, large-scale leadership, and strategic guidance in a dynamic environment that builds your expertise and strengthens your ability to represent PwC.
Responsibilities
- Manage contract reviews and support engagement planning by applying risk management frameworks and governance considerations that strengthen delivery and contract compliance
- Drive sell-side services contract negotiations by redlining and negotiating risk, legal, and commercial terms directly with clients' procurement, legal, and outside counsel
- Collaborate with R&I risk management and PwC business teams to identify, assess, and mitigate contract, operational, and performance risks across managed services engagements
- Translate contract provisions and risk positions into clear guidance by educating stakeholders and clients, enabling effective execution and proactive issue prevention
- Establish and enhance internal controls and contract compliance processes to promote consistent delivery, reduce exposure, and confirm adherence to negotiated terms
- Lead contract risk alignment and governance across engagements by applying sound judgment to drive timely stakeholder decisions, documenting positions and approvals, and maintaining clear audit trails throughout the contract lifecycle
What You Must Have
- At least a High School Diploma
- At least 6 years of experience
What Sets You Apart
- Juris Doctorate degree preferred
- Leading the substantive negotiation of complex commercial contracts;
- Reviewing and redlining detailed risk, legal, and commercial contract terms;
- Understanding of managed services offerings and related contract terms and conditions, performance metrics, and experience with (1) finance managed services - payroll, accounting, reporting, treasury and broader finance and accounting operations, (2) technology managed services - IT infrastructure, cloud, data analytics, application delivery maintenance application managed services, (3) cyber managed services, or (4) risk & regulatory managed services - regulatory compliance and enterprise risk programs;
- Exercising an entrepreneurial, problem-solving mentality and autonomy in managing contract negotiations;
- Explaining contract terms and positions in a collaborative manner to both internal stakeholders and external contract parties;
- Driving process improvement by analyzing current contracting approaches and processes and improving contracting efficiency and overall experience
Travel Requirements
Not SpecifiedJob Posting End Date
The salary range for this position is: $91,000 - $321,500. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAs PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlines