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Model Validation Analyst Jobs (NOW HIRING)

... error analysis, and scenario-based evaluation. * Support validation of GenAI and Agentic AI ... Contribute to automated processes for model validation, monitoring, and reporting, including test ...

... error analysis, and scenario-based evaluation. * Support validation of GenAI and Agentic AI ... Contribute to automated processes for model validation, monitoring, and reporting, including test ...

Lead Model Validation

Chicago, IL · Hybrid

$95K - $163K/yr

Apply sound analytical judgment to evaluate model input data, conceptual soundness, performance, implementation, and governance. * Prepare and document validation reports, including findings ...

Lead Model Validation

Chicago, IL · On-site

$95K - $163K/yr

Apply sound analytical judgment to evaluate model input data, conceptual soundness, performance, implementation, and governance. * Prepare and document validation reports, including findings ...

Effective validation helps to ensure that models are sound, identifying potential limitations and ... Perform ad hoc analysis to identify model limitations and performance issues. Recommend action plan ...

Validate model performance and stability using appropriate methods (for example: benchmarking, back-testing where applicable, sensitivity and stress testing, error analysis, and scenario-based ...

Validate model performance and stability using appropriate methods (for example: benchmarking, back-testing where applicable, sensitivity and stress testing, error analysis, and scenario-based ...

Validate model performance and stability using appropriate methods (for example: benchmarking, back-testing where applicable, sensitivity and stress testing, error analysis, and scenario-based ...

Validate model performance and stability using appropriate methods (for example: benchmarking, back-testing where applicable, sensitivity and stress testing, error analysis, and scenario-based ...

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Model Validation Analyst information

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How much do model validation analyst jobs pay per hour?

As of Sep 11, 2026, the average hourly pay for model validation analyst in the United States is $31.25, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $38.46 per hour, depending on experience, location, and employer.

What is a model validation analyst?

Model Validation Analysts are professionals who assess and validate mathematical models used by organizations, especially in finance and risk management. Their primary responsibility is to ensure that these models are accurate, reliable, and compliant with regulatory standards. They review model assumptions, methodologies, and data inputs, as well as perform independent testing and documentation. By doing so, they help organizations manage risks and make informed decisions based on trustworthy model outputs.

What skills and qualifications are needed to be a model validation analyst?

To thrive as a Model Validation Analyst, you need strong quantitative analysis skills, a background in statistics or mathematics, and typically a degree in a relevant field such as finance, economics, or data science. Familiarity with statistical software (e.g., SAS, R, Python), risk modeling tools, and knowledge of regulatory requirements are essential. Attention to detail, critical thinking, and effective communication skills help you interpret model results and convey findings to stakeholders. These competencies ensure robust model risk management, regulatory compliance, and informed decision-making within financial institutions.

What are common challenges faced by model validation analysts, and how can they be addressed?

Model Validation Analysts often encounter challenges such as evaluating complex models with limited documentation, managing tight deadlines for validation reports, and staying current with evolving regulatory requirements. These challenges can be addressed by maintaining clear communication with model developers, utilizing standardized validation frameworks, and participating in ongoing training or workshops. Building strong analytical and documentation skills also helps ensure thorough and effective model assessments.

What is the difference between Model Validation Analyst vs Quantitative Analyst?

AspectModel Validation AnalystQuantitative Analyst
Required CredentialsBachelor's in finance, statistics, or related field; often certifications like CFA or FRMBachelor's or higher in finance, mathematics, or related; CFA or FRM common
Work EnvironmentFinancial institutions, risk management, model validation teamsInvestment banks, asset management firms, hedge funds
Employer & Industry UsageUsed in risk management, model validation departmentsUsed in trading, investment analysis, portfolio management

The Model Validation Analyst primarily focuses on verifying and validating financial models to ensure accuracy and compliance within risk management teams. In contrast, Quantitative Analysts develop and implement complex models for trading and investment strategies. While both roles require strong quantitative skills and similar certifications, their core responsibilities and work environments differ significantly.

How much does a Model Validation Analyst make?

A Model Validation Analyst typically earns between $70,000 and $120,000 annually, depending on experience, location, and industry. Senior roles or those with specialized skills in risk management or financial modeling may have higher salaries, often supplemented with bonuses and benefits.

What does a model validation analyst do?

A model validation analyst evaluates and verifies the accuracy, reliability, and performance of financial or statistical models used in risk management, credit, or trading. They review model assumptions, conduct testing, and ensure compliance with regulatory standards, often using tools like SAS or R. This role requires strong analytical skills and attention to detail to prevent model risk and support decision-making.
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What are popular job titles related to Model Validation Analyst jobs?

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Infographic showing various Model Validation Analyst job openings in the United States as of September 2026, with employment types broken down into 2% As Needed, 83% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $65,000 per year, or $31.2 per hour.

Model Validation Consultant

Boston, MA • On-site

Deloitte
Finance and Insurance • 10K+ employees

Full-time

Posted 11 days ago


Deloitte rating

8.2

Company rating: 8.2 out of 10

Based on 93 frontline employees who took The Breakroom Quiz


Job description

Regulatory & Financial Risk - Consultant - Model Validation

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Work you'll do

As a Model Validation Consultant within Regulatory & Financial Risk, you will support model validation work for AI, Generative AI (GenAI), and Agentic AI solutions across client engagements. You will execute validation activities, contribute to documentation and testing, and help teams assess model risk management practices and responsible AI deployment across industries such as Financial Services, Life Sciences, and Technology, Media, and Telecom.

Responsibilities include

  • Support end-to-end validation of AI, GenAI, and Agentic AI solutions, from initial review of objectives and data through production readiness and ongoing monitoring.
  • Execute fit-for-purpose validation plans, including testing, documentation, and traceability requirements aligned to broader AI risk management processes.
  • Assess model design choices, data suitability, assumptions, limitations, and intended use through structured review and testing.
  • Evaluate model performance and stability using appropriate methods such as benchmarking, back-testing where applicable, sensitivity testing, stress testing, error analysis, and scenario-based evaluation.
  • Support validation of GenAI and Agentic AI behaviors and controls, including response quality evaluation, hallucination and grounding checks for retrieval-augmented generation (RAG), prompt and tool-use testing, guardrails, escalation paths, and audit logging.
  • Assess trustworthiness considerations and document observations related to bias and fairness, explainability, robustness, privacy, security, and operational controls.
  • Contribute to automated processes for model validation, monitoring, and reporting, including test harnesses, evaluation pipelines, and documentation templates.
  • Contribute to project workplans by tracking tasks, identifying risks, and supporting timely delivery of assigned work.
  • Prepare clear summaries of validation findings and support development of materials for client stakeholders.
  • Collaborate with specialists across Deloitte to strengthen validation approaches and stay current on emerging AI methodologies.

Qualifications

Required:

  • Undergraduate degree in Computer Science, Data Science, Artificial Intelligence, Applied Mathematics, or a related field
  • 2+ years of experience using Python to develop, test, and maintain code
  • 2+ years of experience working with Generative AI frameworks and components such as Hugging Face, OpenAI APIs, Llama models, Gemini, Claude, Granite, retrieval-augmented generation (RAG), or Stable Diffusion
  • 1+ years of experience working with Agentic AI frameworks such as LangChain, LangGraph, AutoGen, Semantic Kernel, or CrewAI
  • 2+ years of experience using at least 1 deep learning framework such as PyTorch or TensorFlow/KerasExperience building, testing, or deploying AI solutions on AWS, Azure, or GCP
  • Experience with containerization tools such as Docker or Kubernetes
  • Understanding of machine learning and deep learning methods, performance assessment, and model validation
  • Limited immigration sponsorship may be available
  • Ability to travel up to 15%, based on the work you do and the clients and industries/sectors you serve

Preferred:

  • Master's degree
  • Industry experience in Financial Services, Life Sciences, or Technology, Media, and Telecom
  • Experience with JavaScript
  • Experience supporting GenAI or Agentic AI solutions in production
  • Understanding of AI, GenAI, and Agentic AI risks, bias, mitigation approaches, and responsible use
  • Experience with deep learning model training

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

For individuals assigned and/or hired to work in Washington State, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Washington State and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $86,700 to $170,900.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Qualifications:

Regulatory & Financial Risk - Consultant - Model Validation

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Work you'll do

As a Model Validation Consultant within Regulatory & Financial Risk, you will support model validation work for AI, Generative AI (GenAI), and Agentic AI solutions across client engagements. You will execute validation activities, contribute to documentation and testing, and help teams assess model risk management practices and responsible AI deployment across industries such as Financial Services, Life Sciences, and Technology, Media, and Telecom.

Responsibilities include

  • Support end-to-end validation of AI, GenAI, and Agentic AI solutions, from initial review of objectives and data through production readiness and ongoing monitoring.
  • Execute fit-for-purpose validation plans, including testing, documentation, and traceability requirements aligned to broader AI risk management processes.
  • Assess model design choices, data suitability, assumptions, limitations, and intended use through structured review and testing.
  • Evaluate model performance and stability using appropriate methods such as benchmarking, back-testing where applicable, sensitivity testing, stress testing, error analysis, and scenario-based evaluation.
  • Support validation of GenAI and Agentic AI behaviors and controls, including response quality evaluation, hallucination and grounding checks for retrieval-augmented generation (RAG), prompt and tool-use testing, guardrails, escalation paths, and audit logging.
  • Assess trustworthiness considerations and document observations related to bias and fairness, explainability, robustness, privacy, security, and operational controls.
  • Contribute to automated processes for model validation, monitoring, and reporting, including test harnesses, evaluation pipelines, and documentation templates.
  • Contribute to project workplans by tracking tasks, identifying risks, and supporting timely delivery of assigned work.
  • Prepare clear summaries of validation findings and support development of materials for client stakeholders.
  • Collaborate with specialists across Deloitte to strengthen validation approaches and stay current on emerging AI methodologies.

Qualifications

Required:

  • Undergraduate degree in Computer Science, Data Science, Artificial Intelligence, Applied Mathematics, or a related field
  • 2+ years of experience using Python to develop, test, and maintain code
  • 2+ years of experience working with Generative AI frameworks and components such as Hugging Face, OpenAI APIs, Llama models, Gemini, Claude, Granite, retrieval-augmented generation (RAG), or Stable Diffusion
  • 1+ years of experience working with Agentic AI frameworks such as LangChain, LangGraph, AutoGen, Semantic Kernel, or CrewAI
  • 2+ years of experience using at least 1 deep learning framework such as PyTorch or TensorFlow/KerasExperience building, testing, or deploying AI solutions on AWS, Azure, or GCP
  • Experience with containerization tools such as Docker or Kubernetes
  • Understanding of machine learning and deep learning methods, performance assessment, and model validation
  • Limited immigration sponsorship may be available
  • Ability to travel up to 15%, based on the work you do and the clients and industries/sectors you serve

Preferred:

  • Master's degree
  • Industry experience in Financial Services, Life Sciences, or Technology, Media, and Telecom
  • Experience with JavaScript
  • Experience supporting GenAI or Agentic AI solutions in production
  • Understanding of AI, GenAI, and Agentic AI risks, bias, mitigation approaches, and responsible use
  • Experience with deep learning model training

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

For individuals assigned and/or hired to work in Washington State, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Washington State and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $86,700 to $170,900.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Education:Bachelor's DegreeEmployment Type:

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