Embed AI governance and model risk management into system design * Implement safeguards for data privacy, security, bias detection, explainability, and auditability * Partner with Internal Audit ...
Embed AI governance and model risk management into system design * Implement safeguards for data privacy, security, bias detection, explainability, and auditability * Partner with Internal Audit ...
AI Solution Architect, Vice President - Corporate Functions Technology
Quincy, MA · On-site
$66.25 - $87.25/hr
Embed AI governance and model risk management into system design * Implement safeguards for data privacy, security, bias detection, explainability, and auditability * Partner with Internal Audit ...
AI Solution Architect, Vice President - Corporate Functions Technology
Quincy, MA · On-site
$66.25 - $87.25/hr
Embed AI governance and model risk management into system design * Implement safeguards for data privacy, security, bias detection, explainability, and auditability * Partner with Internal Audit ...
Risk Consultant
Boston, MA · On-site
Risk Consultant Karen Clark & Company seeks a Risk Consultant to join our Client Services team ... In tandem with the model development team, you will conduct thorough validation analyses of our ...
Risk Consultant
Boston, MA · On-site
Risk Consultant Karen Clark & Company seeks a Risk Consultant to join our Client Services team ... In tandem with the model development team, you will conduct thorough validation analyses of our ...
We focus on implementing secure AI/ML pipelines, establishing AI governance frameworks, conducting model risk assessments, and ensuring compliance with emerging AI regulations. Our approach ...
We focus on implementing secure AI/ML pipelines, establishing AI governance frameworks, conducting model risk assessments, and ensuring compliance with emerging AI regulations. Our approach ...
Senior Associate, National Security-Cyber Security Governance
Boston, MA · On-site
$108K - $139K/yr
We focus on implementing secure AI/ML pipelines, establishing AI governance frameworks, conducting model risk assessments, and ensuring compliance with emerging AI regulations. Our approach ...
Senior Associate, National Security-Cyber Security Governance
Boston, MA · On-site
$108K - $139K/yr
We focus on implementing secure AI/ML pipelines, establishing AI governance frameworks, conducting model risk assessments, and ensuring compliance with emerging AI regulations. Our approach ...
AVP, AI
Boston, MA · Hybrid
Ensure all solutions meet enterprise standards for security, data governance, model risk management, and responsible AI. * Coordinate with Enterprise Architecture, Risk, Legal, and the Global Data ...
AVP, AI
Boston, MA · Hybrid
Ensure all solutions meet enterprise standards for security, data governance, model risk management, and responsible AI. * Coordinate with Enterprise Architecture, Risk, Legal, and the Global Data ...
Investment Risk Analyst
$75K - $90K/yr
Risk Modeling * Maintain, validate, and enhance front office investment risk models used by Portfolio Managers * Monitor portfolio risk exposures including factor risk, tracking error, VaR, and ...
Investment Risk Analyst
$75K - $90K/yr
Risk Modeling * Maintain, validate, and enhance front office investment risk models used by Portfolio Managers * Monitor portfolio risk exposures including factor risk, tracking error, VaR, and ...
Investment Risk Analyst
Boston, MA · On-site
$75K - $90K/yr
Risk Modeling * Maintain, validate, and enhance front office investment risk models used by Portfolio Managers * Monitor portfolio risk exposures including factor risk, tracking error, VaR, and ...
Investment Risk Analyst
Boston, MA · On-site
$75K - $90K/yr
Risk Modeling * Maintain, validate, and enhance front office investment risk models used by Portfolio Managers * Monitor portfolio risk exposures including factor risk, tracking error, VaR, and ...
Deliver IRM services including IT controls operating model design, control rationalization, continuous monitoring, GRC enablement, and automation. * Drive integration across risk, tax, finance, and ...
Deliver IRM services including IT controls operating model design, control rationalization, continuous monitoring, GRC enablement, and automation. * Drive integration across risk, tax, finance, and ...
Market Risk
Boston, MA · On-site +1
$82K - $180K/yr
... models (VaR, Expected Shortfall, PV01, Option Greeks); performing stress testing, identify portfolio vulnerabilities and support the stress testing scenario design process; monitoring Market Risk ...
Market Risk
Boston, MA · On-site +1
$82K - $180K/yr
... models (VaR, Expected Shortfall, PV01, Option Greeks); performing stress testing, identify portfolio vulnerabilities and support the stress testing scenario design process; monitoring Market Risk ...
Market Risk
Boston, MA · On-site
$82K - $180K/yr
... models (VaR, Expected Shortfall, PV01, Option Greeks); performing stress testing, identify portfolio vulnerabilities and support the stress testing scenario design process; monitoring Market Risk ...
Market Risk
Boston, MA · On-site
$82K - $180K/yr
... models (VaR, Expected Shortfall, PV01, Option Greeks); performing stress testing, identify portfolio vulnerabilities and support the stress testing scenario design process; monitoring Market Risk ...
Contribute to the development and enhancement of risk models, frameworks and tools * Collaborate with technology and data teams to improve risk infrastructure and reporting automation What ideal ...
Contribute to the development and enhancement of risk models, frameworks and tools * Collaborate with technology and data teams to improve risk infrastructure and reporting automation What ideal ...
Risk Analyst (Putnam)
Boston, MA · On-site
Contribute to the development and enhancement of risk models, frameworks and tools * Collaborate with technology and data teams to improve risk infrastructure and reporting automation What ideal ...
Risk Analyst (Putnam)
Boston, MA · On-site
Contribute to the development and enhancement of risk models, frameworks and tools * Collaborate with technology and data teams to improve risk infrastructure and reporting automation What ideal ...
Lead Risk Manager, Payment Fraud
Boston, MA · Hybrid
$150K - $180K/yr
... and deploy ML models (XGBoost, LightGBM) into live risk systems. The role reports directly to the CEO and operates as the strategic liaison to global payment processors and vendors. Key ...
Quick apply
Lead Risk Manager, Payment Fraud
Boston, MA · Hybrid
$150K - $180K/yr
... and deploy ML models (XGBoost, LightGBM) into live risk systems. The role reports directly to the CEO and operates as the strategic liaison to global payment processors and vendors. Key ...
The Senior Risk & Compliance Analyst will support the design and execution of the cyber risk ... models, data flows, and platform changes. • Collaborate with Security Engineering, Product ...
The Senior Risk & Compliance Analyst will support the design and execution of the cyber risk ... models, data flows, and platform changes. • Collaborate with Security Engineering, Product ...
Develop and enhance quantitative models for portfolio risk, including factor-based and statistical approaches * Analyze large, high-dimensional financial datasets to uncover structure, dependencies ...
Quick apply
Develop and enhance quantitative models for portfolio risk, including factor-based and statistical approaches * Analyze large, high-dimensional financial datasets to uncover structure, dependencies ...
Develop and enhance quantitative models for portfolio risk, including factor-based and statistical approaches * Analyze large, high-dimensional financial datasets to uncover structure, dependencies ...
Quick apply
Develop and enhance quantitative models for portfolio risk, including factor-based and statistical approaches * Analyze large, high-dimensional financial datasets to uncover structure, dependencies ...
Develop and enhance quantitative models for portfolio risk, including factor-based and statistical approaches * Analyze large, high-dimensional financial datasets to uncover structure, dependencies ...
Quick apply
Develop and enhance quantitative models for portfolio risk, including factor-based and statistical approaches * Analyze large, high-dimensional financial datasets to uncover structure, dependencies ...
SECURE 2.0 provisions (auto-enrollment, RMD changes, catch-up rules); the April 2026 interagency model risk management guidance superseding SR 11-7 - including its principles-based approach to ...
SECURE 2.0 provisions (auto-enrollment, RMD changes, catch-up rules); the April 2026 interagency model risk management guidance superseding SR 11-7 - including its principles-based approach to ...
BIM Modeler
Woburn, MA · On-site +1
$28 - $45/hr
We safeguard organizations' critical assets through data-driven risk management solutions. In ... Support model audits and quality checks under the direction of the BIM Manager or Project Lead
BIM Modeler
Woburn, MA · On-site +1
$28 - $45/hr
We safeguard organizations' critical assets through data-driven risk management solutions. In ... Support model audits and quality checks under the direction of the BIM Manager or Project Lead
Model Risk information
See Massachusetts salary details
$21.07 is the 25th percentile. Wages below this are outliers.
$15.75 - $21.67
28% of jobs
The median wage is $25.21 / hr.
$21.67 - $27.59
37% of jobs
$27.59 - $33.51
6% of jobs
$37.21 is the 75th percentile. Wages above this are outliers.
$33.51 - $39.43
6% of jobs
$39.43 - $45.35
12% of jobs
$45.35 - $51.27
0% of jobs
$51.27 - $57.18
0% of jobs
$57.18 - $63.10
8% of jobs
$63.10 - $69.02
0% of jobs
$69.02 - $74.94
0% of jobs
$74.94 - $80.86
2% of jobs
$15
$33
$80
How much do model risk jobs pay per hour?
What are some typical challenges faced by professionals working in Model Risk, and how can they be addressed?
What are the key skills and qualifications needed to thrive as a Model Risk Analyst, and why are they important?
What is the difference between Model Risk vs Model Validation?
| Aspect | Model Risk | Model Validation |
|---|---|---|
| Primary Focus | Identifying, assessing, and mitigating risks associated with models | Evaluating and testing models to ensure accuracy and reliability |
| Required Credentials | Quantitative skills, risk management certifications, industry experience | Quantitative expertise, validation certifications, industry knowledge |
| Work Environment | Risk management teams within financial institutions or firms | Model validation teams, often within risk or model development departments |
| Industry Usage | Used across banking, insurance, and investment firms to manage model-related risks | Commonly 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?

AI Solution Architect, Vice President - Corporate Functions Technology
State Street Global AdvisorsBoston, MA
$68.50 - $90.25/hr
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 25 days ago
Job description
We are seeking an AI Solution Architect, Vice President to serve as a senior technology leader responsible for shaping and driving the AI strategy for our Internal Audit function. In this role, you will provide architectural leadership to design, build, and operate productiongrade AI systems that deliver conversational, predictive, and generative capabilities at enterprise scale
This is a handson architectural leadership role requiring deep expertise in Generative AI, large language models (LLMs), retrievalaugmented generation (RAG), AI orchestration frameworks, and enterprise integration patterns. You will partner closely with Internal Audit SMEs, data engineering, security, and infrastructure teams to ensure AI solutions are explainable, secure, compliant, and operationally resilient, while materially improving audit quality, productivity, and insight generation.
What You Will Be Responsible ForAI Architecture & Platform Strategy
- Lead the endtoend architecture for AIenabled platforms supporting Internal Audit, integrating LLMs, machine learning models, enterprise data platforms, and core systems
- Define scalable, reusable architectural patterns for conversational assistants, generative insights, predictive analytics, and continuous auditing use cases
- Act as the technical authority for AI architecture within Internal Audit Technology, setting standards and guiding architectural decisions across initiatives
AI Engineering & Orchestration
- Lead the design and implementation of AI orchestration frameworks to enable scalable, multistep reasoning and agentbased workflows
- Architect solutions using frameworks such as LangChain (or equivalent) and cloudnative capabilities (e.g., managed AI/agent services)
- Design workflows incorporating:
- Retrievalaugmented generation (RAG) across structured and unstructured data
- Guardrails, validation layers, and hallucinationmitigation techniques
- Define and own model selection, evaluation, and benchmarking frameworks, balancing performance, cost, latency, explainability, and risk
Build & Production Operations
- Lead delivery of productionready AI systems, including model deployment, APIs, orchestration pipelines, and enterprise integrations
- Establish and mature LLMOps / MLOps practices, including versioning, monitoring, evaluation, logging, rollback strategies, and cost controls
- Ensure platforms meet enterprise standards for availability, scalability, performance, resilience, and reliability
Governance, Risk & Controls
- Embed AI governance and model risk management into system design
- Implement safeguards for data privacy, security, bias detection, explainability, and auditability
- Partner with Internal Audit, Risk, Compliance, and Legal teams to align solutions with regulatory and internal policy requirements
Use Case Enablement & Innovation
- Translate audit and risk challenges into highimpact AI use cases (e.g., control testing automation, issue identification, narrative generation, continuous auditing)
- Guide experimentation and proofofconcepts while ensuring a clear path to production
- Stay current on emerging AI technologies and recommend pragmatic adoption strategies
The skills that will help you succeed in this role include:
- Endtoend AI architecture and solution design for enterprise, productiongrade systems
- Handson expertise with Generative AI, including LLMs, prompt engineering, embeddings, RAG, and agentbased workflows
- AI orchestration and workflow design skills for multistep reasoning, validation, and automation
- Strong engineering and operational skills to deliver scalable, reliable platforms with robust LLMOps/MLOps practices
- Responsible AI and governance skills, including model risk management, security, privacy, explainability, and auditability
- Data engineering and integration skills, leveraging enterprise data platforms, APIs, and distributed systems
- Analytical problemsolving skills to translate audit and risk challenges into highimpact AI use cases
- Stakeholder partnership and influence skills across audit, risk, security, and technology teams
- Clear technical communication and mentoring skills for technical and nontechnical audiences
- Continuous learning mindset to stay current with evolving AI technologies and best practices
- Bachelor's or Master's degree in Computer Science, Engineering, Data Science, or a related field
- 10+ years of experience designing and delivering enterprise software or data platforms, with 3+ years focused on AI / ML solutions
- Handson experience with large language models and modern AI frameworks (prompt engineering, embeddings, RAG, agents)
- Strong background in cloud platforms (Azure or AWS) and microservicesbased architectures
- Experience operationalizing AI systems with MLOps / LLMOps tooling and practices
- Solid understanding of data engineering, APIs, and distributed systems
- Proven ability to design systems with security, privacy, and regulatory considerations
Nice to Have
- Experience supporting Internal Audit, Legal, or Risk Corporate functions
- Familiarity with model risk management or AI governance frameworks
- Experience with vector databases, semantic search, or enterprise data catalogs
- Exposure to process mining, control testing automation, or continuous auditing
- Cloud or AI/ML certifications
Salary Range:
$120,000 - $217,500 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
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Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
About State Street Global Advisors
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
1,001 - 5,000 Employees
Headquarters location
Boston, MA, US
Year founded
1978