ZipRecruiter

Log In

1

Model Validation Jobs in New York (NOW HIRING)

Citigroup, Inc.

Model/Anlys/Valid Officer

New York, NY · On-site

$225K - $250K/yr

Work in close partnership with control functions such as Market Risk, Model Validation Group, Audit, Finance to ensure appropriate governance and control infrastructure. Write the necessary ...

previous pagenext page

Showing results 21-40

All JobsModel Validation JobsModel Validation Jobs in New York

Model Validation information

See New York salary details

$24

$56

$85

How much do model validation jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for model validation in New York is $56.89, according to ZipRecruiter salary data. Most workers in this role earn between $43.12 and $69.18 per hour, depending on experience, location, and employer.

What is a model validation?

A Model Validation job involves assessing and verifying the accuracy, reliability, and performance of mathematical and statistical models used in finance, risk management, or other industries. Professionals in this role conduct independent testing, evaluate assumptions, and ensure models comply with regulatory and internal standards. They identify weaknesses, suggest improvements, and help mitigate potential risks associated with model usage. Model validators often work with machine learning models, credit risk models, or trading algorithms, depending on the industry.

What are the key skills and qualifications needed to thrive in the model validation position, and why are they important?

To thrive as a Model Validation professional, you need strong quantitative, statistical, and analytical skills, often supported by a degree in mathematics, statistics, finance, or a related field. Proficiency with programming languages such as Python or R, statistical modeling software, and familiarity with regulatory guidelines like SR 11-7 or CCAR is essential. Outstanding attention to detail, problem-solving abilities, and clear communication are valuable soft skills in this role. These competencies are crucial for rigorously assessing complex models, documenting findings, and collaborating effectively with model developers and risk management teams.

What are some common challenges faced by professionals in model validation roles?

One common challenge in Model Validation is staying up-to-date with evolving regulatory requirements and industry best practices, which can impact how models should be tested and documented. Model validators often work with highly complex financial or risk models, requiring strong analytical skills to assess underlying assumptions and potential risks. Additionally, balancing the need for thoroughness with tight deadlines and collaborating with model developers to address issues can be demanding. However, overcoming these challenges offers valuable opportunities to build expertise, work cross-functionally, and play a critical role in ensuring the integrity and reliability of key business decisions.

What are the most commonly searched types of Model Validation jobs in New York?

The most popular types of Model Validation jobs in New York are:

What are popular job titles related to Model Validation jobs in New York?

For Model Validation jobs in New York, the most frequently searched job titles are:

What job categories do people searching Model Validation jobs in New York look for?

The top searched job categories for Model Validation jobs in New York are:

What cities in New York are hiring for Model Validation jobs?

Cities in New York with the most Model Validation job openings:

Model Validation jobs near you
Infographic showing various Model Validation job openings in New York as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $118,322 per year, or $56.9 per hour.

Risk Model Validation Associate

Nomura International

Manhattan, NY • On-site

$115K - $135K/yr

Full-time

Re-posted 2 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 Index®, 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

Apply