This position also reviews Third Party Relationship Risk Management, Model Risk Management, and Business Continuity Plans. Key Responsibilities * Administering processes for accurately measuring ...
This position also reviews Third Party Relationship Risk Management, Model Risk Management, and Business Continuity Plans. Key Responsibilities * Administering processes for accurately measuring ...
AVP, Model Validation
$100K - $170K/yr
The AVP, Model Validation is responsible for model validation and ensure they are meeting Model Risk Management policies, standards, procedures as well as regulations (OCC2011-12/SR 11-7). This role ...
AVP, Model Validation
$100K - $170K/yr
The AVP, Model Validation is responsible for model validation and ensure they are meeting Model Risk Management policies, standards, procedures as well as regulations (OCC2011-12/SR 11-7). This role ...
Exposure to data and AI governance, model risk management frameworks, or emerging technology compliance EXPERIENCE * Knowledge of external audit workflows and the importance of audit quality ...
Exposure to data and AI governance, model risk management frameworks, or emerging technology compliance EXPERIENCE * Knowledge of external audit workflows and the importance of audit quality ...
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 ...
... 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 ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site +1
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site +1
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Senior Vice President, Credit Risk
Lake Mary, FL · On-site
$143K - $190K/yr
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models. Contribute to development of risk management systems. Develop or implement risk-assessment ...
Collaborates with Legal/Risk Management Department on uniform risk assessment models and methodologies. * Participates in system-wide risk management initiatives as assigned. Requirements: * Post ...
Collaborates with Legal/Risk Management Department on uniform risk assessment models and methodologies. * Participates in system-wide risk management initiatives as assigned. Requirements: * Post ...
Collaborates with Legal/Risk Management Department on uniform risk assessment models and methodologies. * Participates in system-wide risk management initiatives as assigned. Requirements: * Post ...
Collaborates with Legal/Risk Management Department on uniform risk assessment models and methodologies. * Participates in system-wide risk management initiatives as assigned. Requirements: * Post ...
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 ...
... risk management processes - Modeling and reinforcing professional and technical standards, including the Firm's code of conduct and independence requirements - Initiating open and honest coaching ...
... risk management processes - Modeling and reinforcing professional and technical standards, including the Firm's code of conduct and independence requirements - Initiating open and honest coaching ...
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 ...
Cost & Risk Specialist
Orlando, FL · On-site
... modeling, risk management and financial analysis of 60Hz Long-Term Program (LTP) and Operations and Maintenance (O&M) projects in Regions North America and Latin America to enable LOA approval ...
Cost & Risk Specialist
Orlando, FL · On-site
... modeling, risk management and financial analysis of 60Hz Long-Term Program (LTP) and Operations and Maintenance (O&M) projects in Regions North America and Latin America to enable LOA approval ...
Title: Data Modeler (Data Risk Analyst) Location : Florida Turnpike Enterprise HQ, Ocoee, FL ... Experience in data analysis and financial risk management * Knowledge of forensic financial ...
Title: Data Modeler (Data Risk Analyst) Location : Florida Turnpike Enterprise HQ, Ocoee, FL ... Experience in data analysis and financial risk management * Knowledge of forensic financial ...
... 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 ...
Lead the design, implementation, and continuous improvement of Disney's enterprise InfoSec Risk Management Framework * Establish and operationalize risk tolerance models, translating ...
Lead the design, implementation, and continuous improvement of Disney's enterprise InfoSec Risk Management Framework * Establish and operationalize risk tolerance models, translating ...
VP, Payments Risk & Compliance
Orlando, FL · On-site
$117K - $157K/yr
Implement and manage the US risk and compliance framework aligned to sponsor bank requirements * Translate UK and EU regulatory center of excellence practices into a US-ready operating model
VP, Payments Risk & Compliance
Orlando, FL · On-site
$117K - $157K/yr
Implement and manage the US risk and compliance framework aligned to sponsor bank requirements * Translate UK and EU regulatory center of excellence practices into a US-ready operating model
Business Strategy & Intelligence Manager - Strategic Alliances/Program Manager
Orlando, FL · On-site
$93K - $129K/yr
Models an inclusive environment for employees and clients, aligned to company Great Place to Work ... Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify ...
Business Strategy & Intelligence Manager - Strategic Alliances/Program Manager
Orlando, FL · On-site
$93K - $129K/yr
Models an inclusive environment for employees and clients, aligned to company Great Place to Work ... Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify ...
Foundation Risk Partners , one of the fastest growing insurance brokerage and consulting firms in ... An understanding of CMS alternative capitated payment model. Understanding of capitated payment ...
Foundation Risk Partners , one of the fastest growing insurance brokerage and consulting firms in ... An understanding of CMS alternative capitated payment model. Understanding of capitated payment ...
Model Risk Manager information
See Orlando, FL salary details
$48.1K - $58.1K
4% of jobs
$58.1K - $68.2K
6% of jobs
$68.2K - $78.2K
11% of jobs
$82K is the 25th percentile. Wages below this are outliers.
$78.2K - $88.3K
11% of jobs
The median wage is $96.3K / yr.
$88.3K - $98.4K
23% of jobs
$98.4K - $108.4K
13% of jobs
$115K is the 75th percentile. Wages above this are outliers.
$108.4K - $118.5K
12% of jobs
$118.5K - $128.5K
8% of jobs
$128.5K - $138.6K
6% of jobs
$138.6K - $148.6K
4% of jobs
$148.6K - $158.7K
2% of jobs
$48.1K
$104.1K
$158.7K
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 24 days ago
Trustco Bank rating
4.4
Based on 22 frontline employees who took The Breakroom Quiz
147th of 149 rated banks
Job description
Risk Management Coordinator
Reports to: Senior Officer
FLSA Status: Non-Exempt | Supervisory Role: No
Why Join Us?
At Trustco Bank, we’re committed to fostering a supportive and inclusive workplace where our employees can grow their careers. We believe that our people are our greatest asset and consider our employees as family. We value each team member’s contribution and offer a supportive, collaborative work environment. Join Trustco Bank’s esteemed team and play a vital role in shaping our future by attracting the brightest minds. We look forward to welcoming a strategic partner passionate about talent and growth.
We believe that investing in our employees means investing in the future of our company. As a valued team member, you will be eligible for a generous compensation and benefits package that includes: medical, dental and vision insurance, a health savings account with an annual employer contribution, a 401(k)-retirement plan with generous employer match, paid time off plus 11 paid federal holidays, training and professional development programs, tuition reimbursement, reduced fees and rates on certain loan products, and much more!
About the Risk Management Role
The Risk Management Coordinator is responsible for implementing the Enterprise Risk Management (ERM) Program. Responsible for monitoring, reporting, and controlling risk within the Bank. The coordinator reviews products and services on an ongoing basis to ensure an effective risk management process is in place. This position also reviews Third Party Relationship Risk Management, Model Risk Management, and Business Continuity Plans.
Key Responsibilities
- Administering processes for accurately measuring, monitoring, and controlling enterprise wide risk management.
- Prepares reports for monthly Risk Committee review including board approved limits dashboard, enterprise risk management dashboard, trending reports, risk assessment summary, etc.
- Performs risk assessment annually and on new banking products and services.
- Reviews business continuity planning, model risk management, and third party relationship, management.
- Model risk management validations.
- Quarterly risk assessment summary.
This job description is not exhaustive; duties and responsibilities may change at any time with or without notice.
Qualifications & Experience
Required
- An associate's degree in a business related field or equivalent level of education and experience.
- Effective verbal and written communication skills.
- Efficiently organized with the ability to manage multiple tasks and work to time sensitive deadlines.
- Ability to work well independently and in groups.
- Working knowledge with Microsoft Office Programs; Excel and Word.
Preferred
- Bachelor's Degree or equivalent work experience
Schedule
Full-time position:
Monday - Friday, 8:30 am – 5:00 pm; flexibility for evenings and weekends as needed.
Travel: Occasional travel to events; valid driver’s license required.
Equal Employment Opportunity Statement:
Trustco Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, marital status, genetic information, disability, or protected veteran status. This includes, but is not limited to, the following:
• Hiring, placement, upgrading, transfer, demotion or promotion
• Recruitment, advertising or solicitation for employment
• Treatment during employment
• Rates of pay or other forms of compensation
• Selection for training, including apprenticeship
• Layoff or termination
It is the policy of Trustco Bank to cooperate to the fullest extent with the applicable regulations of the Civil Rights Act and any legislation on Equal Employment Opportunity.
What Trustco Bank employees say
Pay
Benefits
Hours and flexibility
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About Trustco Bank
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
501 - 1,000 Employees
Headquarters location
Albany, NY, US
Year founded
1902