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Model Validation Manager Jobs in New York (NOW HIRING)

Model/Anlys/Valid Officer

New York, NY ยท On-site

$225K - $250K/yr

Write the necessary documentation of the models used by the business for model validation and ... Risk Management Job Family: Model Development and Analytics Job Family Group: Job Family: Time Type ...

Showing results 21-40

Model Validation Manager information

See New York salary details

$52K

$115.3K

$175.6K

How much do model validation manager jobs pay per year?

As of Aug 8, 2026, the average yearly pay for model validation manager in New York is $115,328.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,500.00 and $144,400.00 per year, depending on experience, location, and employer.

How does a model validation manager collaborate with other teams during the model validation process?

A Model Validation Manager works closely with model developers, risk management teams, and internal audit to ensure models meet regulatory and business standards. Collaboration often involves reviewing model documentation, discussing model assumptions and methodologies, and providing feedback for improvements. Effective cross-functional communication is essential, as validation managers must balance technical analysis with regulatory compliance and business objectives. Regular meetings and clear reporting lines help facilitate this collaboration, ensuring that model risks are identified and addressed promptly.

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

AspectModel Validation ManagerQuantitative Analyst
CredentialsTypically requires advanced degrees in finance, mathematics, or statistics; certifications like CFA or FRM are commonOften holds degrees in finance, economics, or mathematics; certifications like CFA are also common
Work EnvironmentWorks in risk management, model validation teams within banks or financial institutionsWorks in trading, investment analysis, or risk departments within financial firms
Industry UsagePrimarily in banking, asset management, and financial services for model risk assessmentAcross investment firms, hedge funds, and banks for market analysis and trading strategies

The Model Validation Manager focuses on reviewing and validating financial models to ensure accuracy and compliance, often working within risk management teams. In contrast, a Quantitative Analyst develops and applies mathematical models for trading, investment, or risk purposes. While both roles require strong quantitative skills and similar credentials, their core responsibilities and work environments differ significantly.

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

To thrive as a Model Validation Manager, you need strong quantitative analysis skills, knowledge of risk management, and an advanced degree in mathematics, statistics, finance, or a related field. Familiarity with technical tools such as Python, R, SAS, and model risk management frameworks, as well as experience with regulatory compliance, is typically required. Exceptional problem-solving, communication, and stakeholder management abilities are important soft skills for this role. These skills ensure effective validation of financial models, regulatory compliance, and clear communication of complex findings to non-technical audiences.

What does a model validation manager do?

A Model Validation Manager is responsible for overseeing the validation of financial, risk, or predictive models within an organization. Their primary duties include ensuring that models are accurate, reliable, and compliant with regulatory requirements. They lead teams that assess model performance, identify potential weaknesses, and recommend improvements. This role helps maintain the integrity of models used in decision-making processes, particularly in industries like banking and finance.
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What cities in New York are hiring for Model Validation Manager jobs? Cities in New York with the most Model Validation Manager job openings:
Infographic showing various Model Validation Manager job openings in New York as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $115,328 per year, or $55.4 per hour.

Risk Model Validation Associate

Nomura International

Manhattan, NY โ€ข On-site

$115K - $135K/yr

Full-time

Re-posted 19 days ago


Job description

Job Title: Model Risk - Risk Model Validation
Corporate Title: Associate
Department: Risk Management - Model Risk Management
Location: New York, NY
The pay range for this position at commencement of employment is expected to be between $115,000 and $135,000/ year. * (see below footnote for additional compensation and benefits information).
Company overview
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Aon's Benefit Indexยฎ, Nomura's benefits rank #1 amongst our competitors
Department Overview:
Nomura's Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment.
Role Description:
Model Risk Management is a group within Risk Management responsible for:
  • Developing, executing and enforcing an effective Model Risk Management Framework.
  • Producing a consolidated view of Model Risk for comparison with the Model Risk Appetite.
  • Independently validating, reviewing and approving Models for their intended uses.

This role will focus on Risk Models and will be responsible for a range of tasks throughout the Model Lifecycle including assessing conceptual soundness, performing sensitivity analysis, verifying proper model implementation, developing benchmark models and reviewing model performance.
Skills, experience, qualifications and knowledge required:
  • A postgraduate degree in a quantitative discipline.
  • 1-3 years of experience in Model Risk.
  • Familiarity with econometrics, stochastic calculus and statistical programming (e.g. R, Python).
  • Familiarity with Risk Models preferred (e.g. VaR, Stress Testing, Counterparty Credit Risk Models).

Nomura Leadership Behaviours
  • Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
  • Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
  • Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
  • Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
  • Inclusion: Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience.
If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".
Nomura is an Equal Opportunity Employer