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Model Risk Manager Jobs in Reading, PA (NOW HIRING)

M&T Bank

Branch Manager

Reading, PA · 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 ...

M&T Bank

Branch Manager

Reading, PA · 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 ...

EnerSys

NPI Sourcing Manager

Reading, PA · On-site

Establish dual-source and risk mitigation strategies where appropriate. Cost Management * Support product cost targets and profitability objectives. * Perform cost modeling, should-cost analysis, and ...

Fulton Bank

Financial Center Manager

Lebanon, PA · On-site

Actively utilize Fulton coaching models and feedback mechanisms to guide Financial Center employees ... Oversee the implementation of internal processes and procedures, ensuring compliance with all risk ...

Aspect Resources

Sourcing Manager

Reading, PA · Hybrid

... business risk opportunities, to include idea generation and innovation across complex spend ... purpose-built models, to create and deliver significant commercial and contractual value, in ...

Penske

Sourcing Manager

Reading, PA · On-site

... risk management. Oversee the end-to-end procurement process and develop cost savings and value ... cost modeling, and total cost of ownership (TCO) analysis skills Experience conducting RFP/RFQ ...

Penske

Sourcing Manager

Reading, PA · On-site

... service, and risk management. • Oversee the end-to-end procurement process and develop cost ... modeling, and total cost of ownership (TCO) analysis skills • Experience conducting RFP/RFQ ...

Penske

Sourcing Manager

Reading, PA · On-site

... risk management. Oversee the end-to-end procurement process and develop cost savings and value ... cost modeling, and total cost of ownership (TCO) analysis skills Experience conducting RFP/RFQ ...

Fulton Bank

Asset Quality Reporting Analyst

PA · Remote

$72K - $120K/yr

Collaborates with business units to compile and compute risk factors that inform management of ... Familiarity with credit risk modeling and forward-looking metrics (Required) * Ability to present ...

Fulton Bank

Asset Quality Reporting Analyst

PA · Remote

$72K - $120K/yr

Collaborates with business units to compile and compute risk factors that inform management of ... Familiarity with credit risk modeling and forward-looking metrics (Required) * Ability to present ...

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All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Reading, PA

Model Risk Manager information

See Reading, PA salary details

$49.5K

$107.1K

$163.3K

How much do model risk manager jobs pay per year?

As of Aug 26, 2026, the average yearly pay for model risk manager in Reading, PA is $107,133.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,400.00 and $123,900.00 per year, depending on experience, location, and employer.

What does a model risk manager do?

A Model Risk Manager is responsible for identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. They ensure that models are accurate, reliable, and compliant with regulatory standards by overseeing validation processes and monitoring model performance. Their role often includes collaborating with model developers, conducting independent reviews, and implementing model governance frameworks to minimize potential losses or errors stemming from model misuse or inaccuracies.

What skills and qualifications are needed to be a model risk manager?

To thrive as a Model Risk Manager, you need a solid background in quantitative finance, statistics, or mathematics, often supported by an advanced degree and experience in model development or validation. Familiarity with programming languages such as Python or R, risk management frameworks, and regulatory requirements like SR 11-7 or ECB guidelines is typically expected. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for articulating complex model risks to stakeholders. These competencies are vital for ensuring the accuracy, compliance, and reliability of financial models within an organization.

What are common challenges a model risk manager faces when validating complex financial models?

Model Risk Managers often encounter challenges such as limited or incomplete data, evolving regulatory requirements, and the need to validate highly complex or proprietary models. They must work closely with model developers, quantitative analysts, and compliance teams to ensure all assumptions and methodologies are sound. Staying up to date with industry best practices and maintaining clear documentation are also crucial, as is effectively communicating findings to both technical and non-technical stakeholders.

What is the difference between Model Risk Manager vs Quantitative Analyst?

AspectModel Risk ManagerQuantitative Analyst
Required CredentialsAdvanced degrees in finance, statistics, or mathematics; certifications like FRM or CFADegree in finance, economics, mathematics, or related fields; often CFA or CQF
Work EnvironmentFocus on risk management teams within financial institutions; regulatory complianceAnalytical roles within trading, investment, or banking divisions; model development
Employer & Industry UsageFinancial institutions, banks, asset managersInvestment 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 popular job titles related to Model Risk Manager jobs in Reading, PA?

For Model Risk Manager jobs in Reading, PA, the most frequently searched job titles are:

What job categories do people searching Model Risk Manager jobs in Reading, PA look for?

The top searched job categories for Model Risk Manager jobs in Reading, PA are:

What cities near Reading, PA are hiring for Model Risk Manager jobs?

Cities near Reading, PA with the most Model Risk Manager job openings:

Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Reading, PA as of July 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $107,133 per year, or $51.5 per hour.

Branch Manager

M&T Bank

Reading, PA • On-site

Full-time

Posted 22 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

79th of 172 rated banks

Job description

Overview:
Manages all activities of a branch. Responsible for the overall success of the branch operating model, including customer and employee experience, digital engagement, transactions/operations, servicing, and sales. Has personal production responsibility.
Primary Responsibilities:
  • Responsible for overall profitability by directing sales and business development, meeting operational objectives and ensuring the branch achieves its annual goals.
  • Leads team through coaching, performance management, and setting priority. Builds and develops branch staff.
  • Identifies Retail and Business Banking customer needs through the M&T sales processes, using the tools and resources to assist customers with short and long term solutions.
  • Proactively prospects and grows Business Banking relationships through outreach. Builds the bank's presence in the community
  • Conducts interviews and selects employees based on staffing model.
  • Actively models and coaches customer service and needs determination behaviors. Reinforces and maintains accountability for execution of Retail strategy.
  • Ensures operational and requirements are maintained, to include consumer and business banking guidelines. Ensures compliance with operational, security and control policies/procedures, preventing fraud and protecting customer assets.
  • Takes ownership of complex account servicing and error resolution issues, including those escalated by other Bankers. Provide coaching and guidance to improve and reduce future problem resolution/escalations.
  • Engages with all team members and business partners as appropriate.
  • Independently processes all Business Banking loan requests up to $250,000. Proactively bundle products and services as appropriate.
  • Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promotes an environment that supports a culture of belonging and reflects the M&T Bank brand.
  • Maintains M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Completes other related duties as assigned.
  • Exercises usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.

Scope of Responsibilities:
This position reports to a Retail Regional Manager and leads the branch team to achieve annual sales and profitability goals, and has a sound working knowledge of the overall operations of the branch.
Branch Managers have the responsibility to establish and maintain federal registration requirements outlined in the SAFE Act.
Branch Managers must stay current on operational, product, and system changes/enhancements, as well as demonstrate good risk management decisions. In addition, Insurance licensing minimum expectations must be maintained as outlined in MTS Licensed Banker Academy document. Business Banking Specialist minimum expectations will be set by both the Branch and Retail Regional Manager.
Branch Managers will typically spend some of their time servicing existing customers, and the majority of the time growing the business through proactive sales and outside calling activities.
Branch Managers are responsible for building productive partnerships with appropriate areas of the bank to ensure customer needs, service issues, and employee issues are resolved timely and accurately. Branch Managers are responsible for taking full ownership of customer issues until they are completely resolved.
Supervisory/ Managerial Responsibilities:
Branch Managers generally have direct reporting responsibility for branch staff.
Education and Experience Required:
Bachelor's degree,
OR, in lieu of degree,
Four (4) years' relevant experience. Minimum three years sales experience
Minimum two years' managerial experience or proven leadership abilities.
At Market Manager discretion/branch need, Life/Accident and Health Insurance licensing required within 18 months of entry into position. Note: branch provides training for licensing within 6 months.
M&T Business Banking Specialist within 18 months of hire.
Demonstrated strong knowledge of Business Banking products, services and client relationship management.
M&T Way Certified
Precision Leadership Certified Bi-lingual/Spanish preferred
Work with common PC software, including knowledge of Microsoft Office software for word processing and spreadsheets.
Experience with Internet and email preferred.
Education and Experience Preferred:
Demonstrated sales/business development experience and success. Has fundamental understanding of profitability.
Excellent communication and interpersonal skills.
Proven ability to demonstrate and coach exceptional customer service.
Ability to communicate and function professionally with all levels of personnel and business partners across the organization.
Strong financial services product knowledge preferred.
Strong organization, time management, and prioritization skills.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $62,200.00 - $103,600.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Reading, Pennsylvania, United States of America

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