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Model Risk Jobs in Pittsburgh, PA (NOW HIRING)

F.N.B. Corporation

Credit Risk Analyst

Pittsburgh, PA · On-site

Position Title: Credit Risk Analyst Business Unit: Credit Reports to: Supervisor or Manager of ... Executes, analyzes, and maintains a modeling database including key data elements derived from the ...

Fnbcorp

Credit Risk Analyst

Pittsburgh, PA · On-site

Position Title: Credit Risk Analyst Business Unit: Credit Reports to: Supervisor or Manager of ... Executes, analyzes, and maintains a modeling database including key data elements derived from the ...

DLC

Sr. Risk Management Analyst I

Duquesne, PA · On-site

Strong understanding of risk frameworks (e.g., COSO ERM, ISO 31000) or governance models. * Certification or progress toward certification (e.g., CRMA, CISA, CPA or similar) is a plus. Skills ...

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All JobsModel Risk JobsModel Risk Jobs in Pittsburgh, PA

Model Risk information

See Pittsburgh, PA salary details

$14

$29

$71

How much do model risk jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for model risk in Pittsburgh, PA is $29.45, according to ZipRecruiter salary data. Most workers in this role earn between $18.89 and $37.60 per hour, depending on experience, location, and employer.

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 popular job titles related to Model Risk jobs in Pittsburgh, PA? For Model Risk jobs in Pittsburgh, PA, the most frequently searched job titles are:
What job categories do people searching Model Risk jobs in Pittsburgh, PA look for? The top searched job categories for Model Risk jobs in Pittsburgh, PA are:
Model Risk jobs near you

Junior Product Owner (Securities Finance)

BNY

Pittsburgh, PA

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago

Job description

At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We're seeking a future team member for the role of Vice President, Product Management to join our Securities Finance team. This role is located in Pittsburgh, PA.

The Vice President, Product Management is a pivotal individual contributor who leads cross-functional initiatives to embed AI into platform products and operational workflows while advancing product strategy and lifecycle excellence. You will translate enterprise AI strategy into actionable adoption plans, drive change management and enablement, ensure governance and risk adherence, and deliver measurable impact on client experience, productivity, and operational performance. In parallel, you will own core product management responsibilities-vision, road mapping, and lifecycle management-to ensure our platform products meet market demands and client expectations.

In this role, you'll make an impact in the following ways: 

  • Translate enterprise AI strategy into platform adoption roadmaps and quarterly portfolios with milestones, dependencies, and KPIs.

  • Lead discovery to identify and prioritize AI use cases; assess feasibility, risk, and ROI; build business cases and measurement plans.

  • Define execution stage gates from ideation through pilot, scale, and steady-state operations; ensure benefits realization.

  • Design and run change management and enablement (communications, playbooks, role-based training) to drive sustained adoption of AI tools (agents, copilots, assisted workflows).

  • Ensure Responsible AI and regulatory compliance by partnering with Risk, Legal, Compliance, and Data Governance; maintain documentation, auditability, monitoring, and remediation.

  • Partner with cross-functional squads and Technology/Data teams to deliver production-ready AI capabilities (integration, data quality, performance), and advise senior leaders to align roadmaps to business goals.

To be successful in this role, we're seeking the following: 

  • Bachelor's degree required; advanced degree in Business, Data/AI, Computer Science, or related field preferred.

  • 8-12+ years leading digital transformation, product management, and data/AI initiatives in financial services or similarly regulated industries.
  • Proven ability to take emerging technology from ideation through pilot and scale-driving enterprise adoption and measurable business outcomes.
  • Strong AI/ML and GenAI fluency, including common solution patterns and use cases (assistants/agents, copilots, extraction/classification, summarization, recommendations).
  • Product leadership across vision, roadmaps, backlog ownership, lifecycle management, and release execution in cross-functional delivery environments.
  • Operate effectively within governance and data controls (Responsible AI, model risk, privacy/security, lineage/quality), including prompt design and evaluation/measurement approaches.
  • Exceptional stakeholder management and change leadership; define KPIs and deliver executive-ready dashboards/scorecards to track performance and sustain adoption.

  • Relevant certifications (e.g., Product Management, Responsible AI/Model Risk) are a plus.


At BNY, our culture speaks for itself, check out the latest BNY news at:

BNY Newsroom

BNY LinkedIn 

 Here's a few of our recent awards: 

  • America's Most Innovative Companies, Fortune, 2025

  • World's Most Admired Companies, Fortune 2025

  • "Most Just Companies", Just Capital and CNBC, 2025


Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

 Here's a few of our recent awards:

  • America's Most Innovative Companies, Fortune, 2025
  • World's Most Admired Companies, Fortune 2025
  • "Most Just Companies", Just Capital and CNBC, 2025

    Our Benefits and Rewards:

    BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

    BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

    BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. 

    Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

    If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

    Apply