Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor junior staff and serve as a technical authority within analytics and AI engagements What You Will Need
Risk Manager, Senior
Arlington, VA · On-site
Risk Manager, Senior Category: Leadership and Management Roles Main location: United States ... This position is located in USA VA Arlington, however, a hybrid working model is acceptable. Your ...
Risk Manager, Senior
Arlington, VA · On-site
Risk Manager, Senior Category: Leadership and Management Roles Main location: United States ... This position is located in USA VA Arlington, however, a hybrid working model is acceptable. Your ...
IT Risk Senior
Mclean, VA · On-site
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
IT Risk Senior
Mclean, VA · On-site
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...
Principal Associate, Data Science - Model Risk Office
Mclean, VA · On-site
$59K - $60K/yr
Principal Associate, Data Science - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Principal Associate, Data Science - Model Risk Office
Mclean, VA · On-site
$59K - $60K/yr
Principal Associate, Data Science - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Investment Risk Manager - Equities
Baltimore, MD · Hybrid
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high impact initiatives.
Investment Risk Manager - Equities
Baltimore, MD · Hybrid
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high impact initiatives.
Investment Risk Manager - Liquidity
Baltimore, MD · On-site
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high-impact initiatives.
Investment Risk Manager - Liquidity
Baltimore, MD · On-site
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high-impact initiatives.
Principal Associate, Data Science - Model Risk Office
Mclean, VA · On-site
$59K - $60K/yr
Principal Associate, Data Science - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Principal Associate, Data Science - Model Risk Office
Mclean, VA · On-site
$59K - $60K/yr
Principal Associate, Data Science - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Investment Risk Manager - Equities
Baltimore, MD · On-site
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high impact initiatives.
Investment Risk Manager - Equities
Baltimore, MD · On-site
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high impact initiatives.
Senior Associate, Data Scientist - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Senior Associate, Data Scientist - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Senior Associate, Data Scientist - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Senior Associate, Data Scientist - Model Risk Office Data is at the center of everything we do. As ... Partner with a cross-functional team of data scientists, software engineers, and product managers ...
Investment Risk Manager - Liquidity
Baltimore, MD · Hybrid
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high-impact initiatives.
Investment Risk Manager - Liquidity
Baltimore, MD · Hybrid
$175K - $190K/yr
Experience with industry-standard risk modeling, specifically MSCI BarraOne or Aladdin Green ... Ability to manage multiple priorities while maintaining focus on high-impact initiatives.
... management of associated model risk processes, and ensure compliance with Model Risk Policy and Standards * Participate in and support audit and regulatory engagements, including remediation ...
... management of associated model risk processes, and ensure compliance with Model Risk Policy and Standards * Participate in and support audit and regulatory engagements, including remediation ...
... management of associated model risk processes, and ensure compliance with Model Risk Policy and Standards * Participate in and support audit and regulatory engagements, including remediation ...
... management of associated model risk processes, and ensure compliance with Model Risk Policy and Standards * Participate in and support audit and regulatory engagements, including remediation ...
In addition to possessing risk modeling expertise, the senior manager must demonstrate a thorough understanding of equity investment strategies, markets, and macroeconomic risk drivers. Effective ...
In addition to possessing risk modeling expertise, the senior manager must demonstrate a thorough understanding of equity investment strategies, markets, and macroeconomic risk drivers. Effective ...
Senior Equity Risk Manager
Baltimore, MD · On-site
In addition to possessing risk modeling expertise, the senior manager must demonstrate a thorough understanding of equity investment strategies, markets, and macroeconomic risk drivers. Effective ...
Senior Equity Risk Manager
Baltimore, MD · On-site
In addition to possessing risk modeling expertise, the senior manager must demonstrate a thorough understanding of equity investment strategies, markets, and macroeconomic risk drivers. Effective ...
Quantitative Analytics & Model Development Consultant - Anti Money Laundering & Fraud Model Valid...
As a Quantitative Analytics & Model Consultant within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA or Tysons Corner, VA. As a model validator you will perform ...
Quantitative Analytics & Model Development Consultant - Anti Money Laundering & Fraud Model Valid...
As a Quantitative Analytics & Model Consultant within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA or Tysons Corner, VA. As a model validator you will perform ...
Quantitative Analytics and Model Consultant Senior - Capital Markets Models
Tysons Corner, VA · On-site
As a Quantitative Analytics and Model Consultant Senior within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA / Tysons Corner, VA / New York City. As a senior validator ...
Quantitative Analytics and Model Consultant Senior - Capital Markets Models
Tysons Corner, VA · On-site
As a Quantitative Analytics and Model Consultant Senior within PNC's Model Risk Management organization, you will be based in Pittsburgh, PA / Tysons Corner, VA / New York City. As a senior validator ...
... models for multi-asset risk analysis, scenario analysis, risk management, and multifactor performance attribution. * 3+ years of programming experience in Python, R, MATLAB, and Power BI. FINRA ...
... models for multi-asset risk analysis, scenario analysis, risk management, and multifactor performance attribution. * 3+ years of programming experience in Python, R, MATLAB, and Power BI. FINRA ...
Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and ...
Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and ...
Model Risk Manager information
See Laurel, MD salary details
$51.1K - $61.7K
4% of jobs
$61.7K - $72.4K
6% of jobs
$72.4K - $83.1K
11% of jobs
$87.1K is the 25th percentile. Wages below this are outliers.
$83.1K - $93.8K
11% of jobs
The median wage is $102.3K / yr.
$93.8K - $104.5K
23% of jobs
$104.5K - $115.1K
13% of jobs
$122.2K is the 75th percentile. Wages above this are outliers.
$115.1K - $125.8K
12% of jobs
$125.8K - $136.5K
8% of jobs
$136.5K - $147.2K
6% of jobs
$147.2K - $157.9K
4% of jobs
$157.9K - $168.5K
2% of jobs
$51.1K
$110.6K
$168.6K
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
Posted 22 days ago
Guidehouse rating
7.5
Based on 26 frontline employees who took The Breakroom Quiz
37th of 58 rated business consultants
Job description
Job Family:
Data Science Consulting
Travel Required:
Clearance Required:
What You Will Do
As a Model Validation Lead, you will provide technical and programmatic leadership for the independent validation, governance, and risk management of advanced analytics, machine learning, and AI models deployed in federal environments. You will lead model validation efforts supporting mission‑critical use cases across defense and federal financial domains, ensuring models are sound, explainable, compliant, and operationally fit for purpose.
You will work closely with data scientists, MLOps engineers, system owners, risk stakeholders, and government counterparts to define validation standards, execute reviews, and ensure alignment with federal, DoD, and financial governance expectations.
Key responsibilities include:
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Lead end‑to‑end model validation activities for ML, AI, and advanced analytical models
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Define and oversee validation frameworks covering conceptual soundness, data integrity, methodology, performance, bias, and stability
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Review and challenge model assumptions, feature engineering, training approaches, and performance metrics
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Assess model robustness, sensitivity, and limitations across operational scenarios
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Evaluate model explainability, transparency, and interpretability for technical and non‑technical stakeholders
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Partner with MLOps and engineering teams to ensure models are production‑ready and compliant with governance requirements
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Establish validation documentation standards, review artifacts, and approval processes
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Support audits, reviews, and governance forums related to AI/ML risk and compliance
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Advise clients on model risk management, AI governance, and responsible AI practices
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Mentor junior staff and serve as a technical authority within analytics and AI engagements
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An ACTIVE and MAINTAINED "SECRET" Federal or DoD security clearance.
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Bachelor’s degree in Mathematics, Statistics, Computer Science, Engineering, Economics, or a related quantitative field
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FIVE (5) or more years of experience in model validation, model risk management, data science, quantitative analysis, or advanced analytics
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Experience validating ML, statistical, and predictive models in regulated or high‑risk environments
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Experience in Python and analytics tooling used to assess, test, and challenge models
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Experience working with large‑scale datasets and complex analytical pipelines
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Experience leading small teams or workstreams and interfacing directly with senior stakeholders
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Strong understanding of model risk management concepts, including governance, documentation, and independent review
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Experience supporting the Department of Defense, including exposure to Advana or enterprise analytics platforms
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Hands‑on experience validating models using federal financial, budgetary, accounting, or audit data
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Experience validating models deployed on Databricks (e.g., Spark, MLflow)
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Ability to translate technical findings into clear, defensible conclusions for government and executive audiences
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Exposure to models developed or operationalized in Palantir Foundry
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Familiarity with MLOps practices and how validation integrates into CI/CD pipelines
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Experience in Azure Government, AWS GovCloud, or other regulated cloud environments
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Knowledge of Responsible AI, fairness, bias detection, and explainability techniques
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Experience supporting internal or external audits of AI/ML systems
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Master’s degree or PhD in a quantitative or technical discipline
What We Offer:
Guidehouse offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.
Benefits include:
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Medical, Rx, Dental & Vision Insurance
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Personal and Family Sick Time & Company Paid Holidays
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Position may be eligible for a discretionary variable incentive bonus
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Parental Leave and Adoption Assistance
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401(k) Retirement Plan
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Basic Life & Supplemental Life
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Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts
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Short-Term & Long-Term Disability
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Student Loan PayDown
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Tuition Reimbursement, Personal Development & Learning Opportunities
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Skills Development & Certifications
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Employee Referral Program
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Corporate Sponsored Events & Community Outreach
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Emergency Back-Up Childcare Program
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Mobility Stipend
About Guidehouse
Guidehouse is an Equal Opportunity Employer–Protected Veterans, Individuals with Disabilities or any other basis protected by law, ordinance, or regulation.
Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco.
If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting at 1-571-633-1711 or via email at RecruitingAccommodation@guidehouse.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation.
All communication regarding recruitment for a Guidehouse position will be sent from Guidehouse email domains including @guidehouse.com or guidehouse@myworkday.com. Correspondence received by an applicant from any other domain should be considered unauthorized and will not be honored by Guidehouse. Note that Guidehouse will never charge a fee or require a money transfer at any stage of the recruitment process and does not collect fees from educational institutions for participation in a recruitment event. Never provide your banking information to a third party purporting to need that information to proceed in the hiring process.
If any person or organization demands money related to a job opportunity with Guidehouse, please report the matter to Guidehouse’s Ethics Hotline. If you want to check the validity of correspondence you have received, please contact recruiting@guidehouse.com. Guidehouse is not responsible for losses incurred (monetary or otherwise) from an applicant’s dealings with unauthorized third parties.
Guidehouse does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Guidehouse and Guidehouse will not be obligated to pay a placement fee.
What Guidehouse employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About Guidehouse
Sourced by ZipRecruiter
Industry
Business management consulting
Company size
10,000+ Employees
Headquarters location
Falls Church, VA, US
Year founded
2005