Capital One's Model Risk Office (MROf) governs and maintains these engines to meet regulatory standards by defining the model risk management (MRM) framework and model governance practices for the ...
Capital One's Model Risk Office (MROf) governs and maintains these engines to meet regulatory standards by defining the model risk management (MRM) framework and model governance practices for the ...
Model Process Manager
Richmond, VA · On-site +1
$81K - $95K/yr
You notice the missing handoff or the sequencing risk, follow the thread, and don't let go until you understand it. * You're comfortable being the non-technical person in a room full of data ...
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Model Process Manager
Richmond, VA · On-site +1
$81K - $95K/yr
You notice the missing handoff or the sequencing risk, follow the thread, and don't let go until you understand it. * You're comfortable being the non-technical person in a room full of data ...
The team partners closely with Model Development, Internal Loss Data team, Scenario Analysis team, Legal, Finance, and first line and second line risk leaders on risk measurement and risk management.
The team partners closely with Model Development, Internal Loss Data team, Scenario Analysis team, Legal, Finance, and first line and second line risk leaders on risk measurement and risk management.
The team partners closely with Model Development, Internal Loss Data team, Scenario Analysis team, Legal, Finance, and first line and second line risk leaders on risk measurement and risk management.
The team partners closely with Model Development, Internal Loss Data team, Scenario Analysis team, Legal, Finance, and first line and second line risk leaders on risk measurement and risk management.
Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid) Capital One is seeking highly ... managed goals/timelines are met; escalating when appropriate * Establish strong interaction models ...
Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid) Capital One is seeking highly ... managed goals/timelines are met; escalating when appropriate * Establish strong interaction models ...
Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid) Capital One is seeking highly ... managed goals/timelines are met; escalating when appropriate * Establish strong interaction models ...
Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid) Capital One is seeking highly ... managed goals/timelines are met; escalating when appropriate * Establish strong interaction models ...
Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid) Capital One is seeking highly ... managed goals/timelines are met; escalating when appropriate * Establish strong interaction models ...
Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid) Capital One is seeking highly ... managed goals/timelines are met; escalating when appropriate * Establish strong interaction models ...
At least 10 years experience in Technology Risk, Data Risk or Model Risk * At least 8 years of People Management experience Preferred Qualifications: * 10+ years of People Management experience
At least 10 years experience in Technology Risk, Data Risk or Model Risk * At least 8 years of People Management experience Preferred Qualifications: * 10+ years of People Management experience
Manager, Data Science - Model and Script Enhancement (MASE) Compliance
Richmond, VA · On-site
$197K - $225K/yr
MASE focuses on assessing compliance risk in models and scripts and advising the business on how to manage the identified risk. Role Description In this role, you will: * Own and drive the assessment ...
Manager, Data Science - Model and Script Enhancement (MASE) Compliance
Richmond, VA · On-site
$197K - $225K/yr
MASE focuses on assessing compliance risk in models and scripts and advising the business on how to manage the identified risk. Role Description In this role, you will: * Own and drive the assessment ...
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 ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
The MROf owns model policy at Capital One, and sits at the intersection of Data Science, Business, Risk Management, and Technology - with a mission to cultivate data and modeling excellence at ...
The MROf owns model policy at Capital One, and sits at the intersection of Data Science, Business, Risk Management, and Technology - with a mission to cultivate data and modeling excellence at ...
Bachelor's degree or equivalent practical experience. * 2+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
Bachelor's degree or equivalent practical experience. * 2+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk ...
... 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 ...
... 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 ...
Provide support for Regulatory Change Management: assisting in the research, analysis, and ... Develop and document a horizontal engagement model to clarify roles, interactions, and ...
Provide support for Regulatory Change Management: assisting in the research, analysis, and ... Develop and document a horizontal engagement model to clarify roles, interactions, and ...
Manager, Data Science - Model and Script Enhancement (MASE) Compliance Data is at the center of ... Risk Management focused. Understands the importance and role of compliance risk management * Team ...
Manager, Data Science - Model and Script Enhancement (MASE) Compliance Data is at the center of ... Risk Management focused. Understands the importance and role of compliance risk management * Team ...
Manager, Data Science - Model and Script Enhancement (MASE) Compliance Data is at the center of ... Risk Management focused. Understands the importance and role of compliance risk management * Team ...
Manager, Data Science - Model and Script Enhancement (MASE) Compliance Data is at the center of ... Risk Management focused. Understands the importance and role of compliance risk management * Team ...
Provide support for Regulatory Change Management: assisting in the research, analysis, and ... Develop and document a horizontal engagement model to clarify roles, interactions, and ...
Provide support for Regulatory Change Management: assisting in the research, analysis, and ... Develop and document a horizontal engagement model to clarify roles, interactions, and ...
... management practices, governance enhancements, and team-wide capability uplift. This position will ... Operating Model including risk advisory, effective challenge and independent risk assessment ...
... management practices, governance enhancements, and team-wide capability uplift. This position will ... Operating Model including risk advisory, effective challenge and independent risk assessment ...
Card Vertical Risk Manager, Card Data Controls, Script & Feature Governance - Principal Associate
Richmond, VA · On-site
The Card Risk role supports the Card Data Now team within Card Data Models Decisioning and Credit ... Develop management reporting based on risk assessments * Coordinating the various process ...
Card Vertical Risk Manager, Card Data Controls, Script & Feature Governance - Principal Associate
Richmond, VA · On-site
The Card Risk role supports the Card Data Now team within Card Data Models Decisioning and Credit ... Develop management reporting based on risk assessments * Coordinating the various process ...
Model Risk Manager information
See Midlothian, VA salary details
$48.8K - $59K
4% of jobs
$59K - $69.2K
6% of jobs
$69.2K - $79.4K
11% of jobs
$83.2K is the 25th percentile. Wages below this are outliers.
$79.4K - $89.6K
11% of jobs
The median wage is $97.7K / yr.
$89.6K - $99.8K
23% of jobs
$99.8K - $110K
13% of jobs
$116.7K is the 75th percentile. Wages above this are outliers.
$110K - $120.2K
12% of jobs
$120.2K - $130.4K
8% of jobs
$130.4K - $140.6K
6% of jobs
$140.6K - $150.8K
4% of jobs
$150.8K - $161K
2% of jobs
$48.8K
$105.7K
$161K
How much do model risk manager jobs pay per year?
What does a model risk manager do?
What skills and qualifications are needed to be a model risk manager?
What are 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.
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Cities near Midlothian, VA with the most Model Risk Manager job openings:

Senior Associate, Project Manager
Richmond, VA • On-site
Full-time
Re-posted 18 days ago
Key responsibilities
Meet regularly with stakeholders to ensure they have insight into their operations, project plans, and requests
Utilize business intelligence, project management, and analysis tools to support stakeholders
Manage multiple projects simultaneously and drive risk reduction efforts through process and control management
Capital One rating
7.8
Based on 148 frontline employees who took The Breakroom Quiz
Job description
At Capital One, models are the engines that drive our most salient business decisions. Capital One's Model Risk Office (MROf) governs and maintains these engines to meet regulatory standards by defining the model risk management (MRM) framework and model governance practices for the company. At the cornerstone of our model governance framework are our Divisional Model Risk Officers (DMROs) and their teams.
As a Senior Associate, Project Manager at Capital One, you will support our well-managed divisions by ensuring our DMRO teams have insight into their operations, validation plans, and horizontal requests. Further, you will drive risk reduction efforts by managing a litany of important processes and controls. The role requires a well-rounded individual who is comfortable adjusting their approach to meet unique needs across multiple stakeholders within a complex organization. This role is ideal for someone with strong interpersonal skills, an unrelenting drive to 'get things done', and has a 'can do' attitude.
Responsibilities include but are not limited to:
Meeting on a regular basis with stakeholders to ensure that they are well-managed and have line of sight into their operations, project plans, and horizontal requests
Utilizing a variety of business intelligence (Quicksite, Tableau), project management (JIRA), and analysis tools (Excel, Google Sheets) to support their stakeholders
Solving problems analytically - understanding how to join disparate data sets in an Excel or Google Sheets format to solve problems and convey a solution
Exhibiting a demonstrated track record of project management, bringing the ability to quickly put structure in place to manage tasks and related expectations
Exhibiting outstanding influencing skills to effectively drive project / program efforts - Demonstrate a proven track record of excellent project management, bringing the ability to quickly put structure in place to manage work in a dynamic complex environment.
Displaying a passion for coaching and developing delivery teams through leadership
Having excellent communication and partnership skills which are essential for interacting and communicating with key stakeholders at all levels across the company to manage, inform and influence outcomes
Having demonstrated experience in various project management / problem solving methodologies (waterfall, agile, design thinking, etc.)
Demonstrating the ability to manage multiple projects simultaneously
Identifying continuous improvement opportunities using multiple data-driven approaches
The ideal candidate for this role can be described as someone who is:
Proactive
A self starter
Driven
Curious
Thrives in ambiguity and chaos
Fulfilled by directing and supporting others in task completion
A magnificent multi-tasker
Basic Qualifications:
Bachelor's Degree or military experience
At least 3 years of Project Management experience
At least 2 years of experience supporting, partnering and interacting with internal business clients
At least 3 years of experience using Microsoft Excel or Google Sheets, with a proficiency in joining disparate data sets to analyze and solve challenges
Preferred Qualifications:
Master's Degree or Master of Business Administration (MBA) Degree
5+ years of Project Management experience
2+ years of model risk management experience in a regulated financial institution
2+ years of experience working with and applying the standards set forth in supervisory letters guiding model risk management, to include OCC Bulletin 2011-12 and FRB SR 11-7
2+ years of experience using JIRA or Github for Project Management
1+ year(s) of JIRA Project Administrator experience
Project Management Professional certification (PMP)
Lean, Agile, Six Sigma certification, or other Project Management Certification
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $96,500 - $110,100 for Sr. Project ManagerCandidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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About Capital One
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Industry
Funds, trusts and financial programs and real estate
Company size
10,000+ Employees
Headquarters location
McLean, VA, US