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Model Risk Jobs in Tampa, FL (NOW HIRING)

Ensure continuous and appropriate supervisory coverage, working with Management, Site Leaders, and the Senior Risk Officer to maintain coverage models and back-up plans. * Oversee adherence to the E*

Act as a technical beacon for the analyst community, coaching junior team members in quantitative modeling and risk management best practices. Qualifications: * Experience: Minimum 8 years of ...

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Actuarial Analyst I (Mid-Level)

Tampa, FL ยท On-site

$103K - $186K/yr

Intermediate knowledge of Model Risk Management, Model Governance, and Regulatory requirements. * US military experience through military service or a military spouse/domestic partner. Compensation ...

Actuarial Analyst I (Mid-Level)

Tampa, FL ยท On-site

$103K - $186K/yr

Intermediate knowledge of Model Risk Management, Model Governance, and Regulatory requirements. * US military experience through military service or a military spouse/domestic partner. Compensation ...

Risk Advisory Senior Manager

Tampa, FL ยท On-site +1

$119K - $215K/yr

This position may be performed in a hybrid work model from one of our office locations or remotely within the United States. As a Senior Manager, you will: * Lead and manage risk advisory and ...

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Model Risk information

See Tampa, FL salary details

$13

$28

$69

How much do model risk jobs pay per hour?

As of Jun 27, 2026, the average hourly pay for model risk in Tampa, FL is $28.67, according to ZipRecruiter salary data. Most workers in this role earn between $18.41 and $36.59 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 Tampa, FL? For Model Risk jobs in Tampa, FL, the most frequently searched job titles are:
What job categories do people searching Model Risk jobs in Tampa, FL look for? The top searched job categories for Model Risk jobs in Tampa, FL are:

Manager, RJF Third Party Risk Management

Raymond James Financial, Inc.

Saint Petersburg, FL โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


Job description

Job Description Summary
Monitor and analyze the organization's operational risk exposure, and contribute to the development of operational risk policies. Analyze existing processes, procedures and systems and advise on improvements.
Job Description
Job Summary
Under general direction, uses extensive knowledge and skills obtained through education and experience to translate business strategy into comprehensive risk assessment programs and manage the work of other staff in conducting reviews and developing risk profiles in a variety of functional areas. Leads large or multiple projects with significant scope and impact. Manages others in performing difficult assignments that are broad in nature requiring originality and ingenuity with some latitude for unreviewed actions or decisions. Provides comprehensive solutions to escalated complex problems. Results are evaluated at agreed upon milestones for effectiveness in achieving specified results. The Third Party Risk Management (TPRM) Manager is responsible for oversight and challenge of the first line of risk management (Business Units/Procurement) to ensure third-party risks are identified, assessed, and managed within Raymond James' risk appetite. Will lead and influence others in identifying, researching, analyzing and resolving complex issues and have moderate contact with executive management
Essential Duties and Responsibilities
  • Assists in the development and execution of risk and control consulting activities for assigned area of responsibility in accordance with internal standards, relevant government statutes and regulations.
  • Oversees or leads engagements from planning through reporting and produces quality deliverables in accordance with both department and professional standards.
  • Establishes strong relationships with senior leaders and related control groups.
  • Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, or executive management partners.
  • Analyzes complex problems, researches and organizes solutions and effectively presents recommendations to Sr. Management.
  • Works with business process owners and internal/external auditors to evaluate control deficiencies, and develop risk-based solutions to address concerns.
  • Interprets, applies and recommends changes to organizational policies and procedures. Maintains currency in relevant risk management processes and procedures.
  • Holds entire team accountable for meeting deliverables, adhering to internal criteria and utilizing consistent methodology.
  • Uses judgment to provide an overall opinion on the business unit's control environment and communicates findings to management. Identifies opportunities for improvement in the design and effectiveness of key controls and mitigation strategies.
  • Executes an effective program of continuous monitoring for assigned areas, including monitoring of key metrics to identify control issues and adverse trends.
  • Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking. Consulted often by others for advice and opinions and recognized as a leadership role model.
  • Participates in major business initiatives and pro-actively advises and assists the business on change initiatives.
  • Stays up to date with evolving industry and regulatory changes impacting the business.
  • Establish and maintain the firm's TPRM policy, methodology, and operating model.
  • Provide expert, independent, and outcome based oversight of first line risk assessments and mitigation plans.
  • Develops detailed documentation outlining analysis results, conclusions, and recommendations.
  • Analyze data to identify trends, reporting third party risk profile to senior management.
  • Ensure all vendor relationships comply with legal, regulatory, and internal policies.
  • Collaborate with procurement, information security, and business units to ensure a consistent, integrated risk experience.
  • Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities
Knowledge of
  • In-depth understanding of risk management practices and methodologies, including risk assessment and a solid understanding of internal control and mitigation strategy concepts.
  • 3 - 7+ years in risk management specifically focusing on third party risk, vendor management, or audit.
  • Specific subject matter expertise regarding area of responsibility risk frameworks, security standards, and a solid business understanding of Raymond James' products and services.
  • Advanced investment concepts, practices and procedures used in the securities industry.
  • Principles of banking and finance and securities industry operations.
  • Financial markets and products.

Skill in
  • Demonstrated ability and success in interacting with and influencing senior leadership, including executive management.
  • Experience in managing against deadlines associated with a risk management engagement.
  • Strong analytical skills particularly with regard to assessing the probability and impact of a control weakness.
  • Excellent verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner.
  • Enthusiastic, self-motivated, effective under pressure and willing to take personal risk and accountability.
  • Proven ability to multitask as well as assess and change priorities.
  • Ability to work well individually, and in teams, share information, support colleagues and encourage participation.

Ability to
  • Balance conflicting resource and priority demands.
  • Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.
  • Incorporate needs, wants and goals from different business unit perspectives into risk management engagements and recommendations.
  • Attend to detail while maintaining a big picture orientation.
  • Gather information, identify linkages and trends and apply findings to assignments.
  • Communicate effectively, both orally and in writing.
  • Read, interpret and apply information from business periodicals and professional journals.
  • Lead others in providing a high level of customer service.
  • Establish and maintain effective working relationships at all levels of the organization.

Educational/Previous Experience Requirements
  • Bachelor's Degree and a minimum of five (5) years of experience in a related field.
  • OR ~
  • Any equivalent combination of experience, education, and/or training approved by Human Resources.

Education
Bachelor's: Business Administration, Bachelor's: Finance
Work Experience
General Experience - 3 to 6 years
Certifications
Other Certification Not Listed - Other
Travel
Less than 25%
Workstyle
Hybrid
The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
โ€ข Grow professionally and inspire others to do the same
โ€ข Work with and through others to achieve desired outcomes
โ€ข Make prompt, pragmatic choices and act with the client in mind
โ€ข Take ownership and hold themselves and others accountable for delivering results that matter
โ€ข Contribute to the continuous evolution of the firm
At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
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