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Model Risk Jobs in Florida (NOW HIRING)

Lead the development and execution of a risk and control framework for the Risk Modeling team, aligned with firmwide standards and regulatory expectations. * Partner with model owners, users ...

Lead the development and execution of a risk and control framework for the Risk Modeling team, aligned with firmwide standards and regulatory expectations. * Partner with model owners, users ...

Lead the development and execution of a risk and control framework for the Risk Modeling team, aligned with firmwide standards and regulatory expectations. * Partner with model owners, users ...

Lead Risk Management

Miramar, FL · On-site

$130K - $140K/yr

Strong understanding of cyber risk management, threat modeling, risk assessment methodologies, and risk mitigation strategies. * Experience developing and enhancing TPRM frameworks, including risk ...

New

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 ...

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Model Risk information

What are some typical challenges faced by professionals working in Model Risk, and how can they be addressed?

Professionals in Model Risk often encounter challenges such as ensuring model accuracy, managing regulatory compliance, and effectively communicating complex technical findings to non-technical stakeholders. Addressing these challenges requires a strong understanding of both quantitative modeling and relevant regulations, as well as strong collaboration skills to work with model developers, auditors, and business units. Staying informed about evolving regulatory standards and participating in ongoing training can also help model risk professionals remain effective and add value to their organizations.

What are the key skills and qualifications needed to thrive as a Model Risk Analyst, and why are they important?

To thrive as a Model Risk Analyst, you need a solid background in quantitative analysis, statistics, or finance, often supported by an advanced degree in a related field. Familiarity with model validation tools, programming languages such as Python or R, and regulatory frameworks like SR 11-7 is essential. Strong analytical thinking, attention to detail, and effective communication skills are crucial for evaluating models and presenting findings to stakeholders. These skills ensure model integrity, regulatory compliance, and risk mitigation in financial institutions.

What is the difference between Model Risk vs Model Validation?

AspectModel RiskModel Validation
Primary FocusIdentifying, assessing, and mitigating risks associated with modelsEvaluating and testing models to ensure accuracy and reliability
Required CredentialsQuantitative skills, risk management certifications, industry experienceQuantitative expertise, validation certifications, industry knowledge
Work EnvironmentRisk management teams within financial institutions or firmsModel validation teams, often within risk or model development departments
Industry UsageUsed across banking, insurance, and investment firms to manage model-related risksCommonly employed in financial services to verify model performance

Model Risk focuses on managing the potential negative impacts of models, including errors and misuse, while Model Validation concentrates on testing and confirming the accuracy and robustness of models. Both roles are essential in financial industries to ensure models are reliable and risks are minimized.

What is model risk?

Model risk refers to the potential for adverse consequences resulting from decisions based on incorrect or misused models. In financial institutions, model risk can arise if a model's assumptions are flawed, if the data input is poor, or if the model is applied inappropriately. Managing model risk involves validating models, monitoring their performance, and ensuring that they are used within their intended scope. Effective model risk management helps organizations avoid significant financial losses and comply with regulatory requirements.
What are the most commonly searched types of Model Risk jobs in Florida? The most popular types of Model Risk jobs in Florida are:
What cities in Florida are hiring for Model Risk jobs? Cities in Florida with the most Model Risk job openings:
Infographic showing various Model Risk job openings in Florida as of July 2026, with employment types broken down into 2% As Needed, 80% Full Time, 15% Part Time, 1% Temporary, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution.

SVP, Model Risk Governance Manager (Hybrid)

Citigroup, Inc.

Tampa, FL • On-site

$130K - $196K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 16 days ago


Citibank rating

8.3

Company rating: 8.3 out of 10

Based on 177 frontline employees who took The Breakroom Quiz

39th of 170 rated banks


Job description

The Legal Entity (LE) Model Officer is a strategically important role with reporting lines both locally, and into the global Model Risk Management function within the Risk organization at Citi. This role offers the successful candidate the opportunity to play a significant role in the leadership of the legal entity model risk management program, offering unique exposure to all business lines and functions using models, within the cluster, as well as opportunities to contribute to, and collaborate with, the broader Citi legal entity framework.
The role sits within the Risk organization and the successful candidate will be responsible for the development and implementation of risk frameworks and policies, risk identification and assessment, oversight of formulation and adherence to Risk Appetite, oversight of model risk, risk regulatory advisory and new products.
Ideal candidate will have experience across (Risk Governance, Regulatory Model Risk, technical expertise)
The primary responsibilities associated with the role are set out below:
  • Ongoing review of the regulatory landscape, assessment of compliance and, where required, design and execution of remediation plans
  • Ownership and oversight of the LE specific Model Risk Framework and Procedures, and co-ordination of regulatory authority information requests
  • Primary 2nd line of defense lead, and partner with 1st line of defense, on model use identification, ranking of critical models and attestation.
  • Independent review and challenge of LE-specific model risk appetite framework and key risk indicators (KRI)
  • Preparation and presentation of model risk reporting, including escalation, to Board and governance committees

Qualifications and Qualities:
  • 10+ years' experience across risk management, quantitative, risk governance or regulatory-based roles
  • Excellent knowledge of model risk guidance from regulatory authorities
  • Excellent communication skills to guide, influence and negotiate internally across all lines of defense, and with auditors and regulatory authorities on model risk management related matters
  • Ability to succinctly deliver compelling presentations and influence executive audiences
  • Proven ability in cross-functional project and stakeholder management
  • Ability to drive innovation via thought leadership while maintaining end-to-end view
  • Intellectual curiosity to stay abreast of regulatory and industry advances
  • Proficient with MS Office suite

Education:
  • Bachelor's/University degree or equivalent experience, potentially Masters degree, in a quantitative discipline

Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
Primary Location:
Tampa Florida United States
Primary Location Full Time Salary Range:
$130,880.00 - $196,320.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:
Aug 30, 2024
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting

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About Citigroup Inc

Sourced by ZipRecruiter

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US