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Model Validation Manager Jobs (NOW HIRING)

Alliant

Lead Model Validation

Chicago, IL · On-site

$95K - $163K/yr

Validate a broad range of models used across credit risk, treasury management (ALM), finance, underwriting, and related areas, includes both traditional statistical models and artificial intelligence ...

Deloitte

Model Validation Senior Manager

Boston, MA · On-site

Regulatory & Financial Risk - Senior Manager - Model Validation Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment ...

Deloitte

Model Validation Senior Manager

Boston, MA · On-site

Regulatory & Financial Risk - Senior Manager - Model Validation Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment ...

Deloitte

Model Validation Senior Manager

Chicago, IL

Regulatory & Financial Risk - Senior Manager - Model Validation Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment ...

DTCC

Model Validation Senior Associate

Jersey City, NJ · On-site

Model Risk Management, MRM is responsible for overseeing enterprise-wide model risk management and ... Effective validation helps to ensure that models are sound, identifying potential limitations and ...

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Model Validation Manager information

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$47.5K

$105.4K

$160.5K

How much do model validation manager jobs pay per year?

As of Aug 21, 2026, the average yearly pay for model validation manager in the United States is $105,415.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $132,000.00 per year, depending on experience, location, and employer.

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.

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.

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.

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Model Validation Manager jobs near you
Infographic showing various Model Validation Manager job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $105,415 per year, or $50.7 per hour.

Model Validation Specialist

Sumitomo Mitsui Financial Group, Inc.

Charlotte, NC • Hybrid

Full-time

Re-posted 22 days ago

Job description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

Role Description

Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its subsidiaries. The role involves performing independent validation of credit risk and capital stress testing models, with the objective of strengthening model risk governance and enhancing overall model quality.

The Associate is responsible for documenting model development in accordance with regulatory expectations and internal standards, and for assessing the suitability of models for their intended business purpose. The role also includes supporting the development and review of model-related policies and procedures, conducting audits of adherence to established frameworks, and designing and executing back-testing methodologies to evaluate model performance and ensure results are reasonable, robust, and reliable.

Role Objectives
  • Conducts model validation across SMBC businesses and group companies for their intended use and scope, commensurate with the complexity and materiality of the models.
  • Develops model validation methodology to assess models to confirm the conceptual soundness of model theory, quality of model implementation, and robustness of model ongoing monitoring.
  • Identify model deficiencies through validations, communicate the issue with model owners and senior management, and provide feasible and adequate recommendations
  • Conduct reviews on model annual assessment, model changes, and ongoing monitoring results
  • Develop and maintain documentation templates, testing packages and automation tools/scripts to standardize validation processes
  • Support audits and examinations for credit risk and stress testing models
  • Communicates findings from validation work to management and stakeholders, including recommendations as appropriate.
  • Ensure business continuity under all conditions, sometimes adverse, with strict adherence to established guidelines and deadlines.
Qualifications and Skills
  • Minimum master's or equivalent degree in Statistics, Mathematics, Engineering, Computer Science or related fields
  • Preferred experience in model validation and model development; and working with large and complex data sets.
  • knowledge in loss reserve, CECL, capital and stress testing models
  • knowledge of SR11-7, CECL, CCAR, and other regulatory requirements.
  • Strong analytical skills, both quantitative and qualitative.
  • Strong written and verbal communication skills, with the ability to present complex information clearly and concisely.
  • Ability to build and maintain effective working relationships with stakeholders at all levels. Demonstrated ability to work collaboratively in a team environment.
  • Recommended years of experience: 0-5

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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