You will play a crucial role in validating the firm's AI models, ensuring their accuracy, reliability, and compliance with regulatory requirements. This is a unique opportunity to gain exposure to a ...
You will play a crucial role in validating the firm's AI models, ensuring their accuracy, reliability, and compliance with regulatory requirements. This is a unique opportunity to gain exposure to a ...
Credit Risk Model Owner
Manhattan, NY · On-site
$85K - $131K/yr
Address model risk findings which are issued by model validation group and internal audit generally * Develop internal credit risk models collaborating with Tokyo Head Office, Model Validation team ...
Credit Risk Model Owner
Manhattan, NY · On-site
$85K - $131K/yr
Address model risk findings which are issued by model validation group and internal audit generally * Develop internal credit risk models collaborating with Tokyo Head Office, Model Validation team ...
Credit Risk Model Owner
Manhattan, NY · Hybrid
$85K - $131K/yr
Address model risk findings which are issued by model validation group and internal audit generally * Develop internal credit risk models collaborating with Tokyo Head Office, Model Validation team ...
Credit Risk Model Owner
Manhattan, NY · Hybrid
$85K - $131K/yr
Address model risk findings which are issued by model validation group and internal audit generally * Develop internal credit risk models collaborating with Tokyo Head Office, Model Validation team ...
You will play a crucial role in validating the firm's AI models, ensuring their accuracy, reliability, and compliance with regulatory requirements. This is a unique opportunity to gain exposure to a ...
You will play a crucial role in validating the firm's AI models, ensuring their accuracy, reliability, and compliance with regulatory requirements. This is a unique opportunity to gain exposure to a ...
As a Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model ...
As a Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model ...
Risk Management - Model Risk Program Associate
Jersey City, NJ · On-site
$135K - $150K/yr
As a Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model ...
Risk Management - Model Risk Program Associate
Jersey City, NJ · On-site
$135K - $150K/yr
As a Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model ...
As a Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model ...
As a Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model ...
Quantitative Model Analyst
Morristown, NJ · On-site
$122K - $192K/yr
Validate selected models including theoretical model design, data integrity and completeness, and reliability. Job Requirements: Bachelor's degree (or foreign equivalent) in Economics, Statistics, or ...
Quantitative Model Analyst
Morristown, NJ · On-site
$122K - $192K/yr
Validate selected models including theoretical model design, data integrity and completeness, and reliability. Job Requirements: Bachelor's degree (or foreign equivalent) in Economics, Statistics, or ...
Model Risk - Investment Management
$160K - $190K/yr
The Model Validation Group (MVG) is part of the Risk department and globally responsible for establishing Model Risk Management framework, independently validating the integrity and comprehensiveness ...
New
Model Risk - Investment Management
$160K - $190K/yr
The Model Validation Group (MVG) is part of the Risk department and globally responsible for establishing Model Risk Management framework, independently validating the integrity and comprehensiveness ...
New
Credit Risk Model Owner
Manhattan, NY · On-site
$133K - $181K/yr
Develop internal credit risk rating models collaborating with Tokyo Head Office, Model Validation team and external vendors * Lead credit risk model related projects and report it to senior ...
Credit Risk Model Owner
Manhattan, NY · On-site
$133K - $181K/yr
Develop internal credit risk rating models collaborating with Tokyo Head Office, Model Validation team and external vendors * Lead credit risk model related projects and report it to senior ...
Model Risk - Investment Management
Manhattan, NY · On-site
$160 - $190/hr
Role Description The Model Validation Group (MVG) is part of the Risk department and globally responsible for establishing Model Risk Management framework, independently validating the integrity and ...
New
Model Risk - Investment Management
Manhattan, NY · On-site
$160 - $190/hr
Role Description The Model Validation Group (MVG) is part of the Risk department and globally responsible for establishing Model Risk Management framework, independently validating the integrity and ...
New
Credit Risk Model Owner
Manhattan, NY · Hybrid
$133K - $181K/yr
Develop internal credit risk rating models collaborating with Tokyo Head Office, Model Validation team and external vendors * Lead credit risk model related projects and report it to senior ...
Credit Risk Model Owner
Manhattan, NY · Hybrid
$133K - $181K/yr
Develop internal credit risk rating models collaborating with Tokyo Head Office, Model Validation team and external vendors * Lead credit risk model related projects and report it to senior ...
AVP Model Risk Management
New York, NY · On-site
Oversight of all aspects of the model risk management program, including independent model validation and periodic review of each model to ensure accuracy and provide recommendations. Qualifications ...
AVP Model Risk Management
New York, NY · On-site
Oversight of all aspects of the model risk management program, including independent model validation and periodic review of each model to ensure accuracy and provide recommendations. Qualifications ...
You will partner with teammates and stakeholders in credit portfolio risk management, finance, model validation, and audit by providing clear summaries, well-organized materials, and reproducible ...
You will partner with teammates and stakeholders in credit portfolio risk management, finance, model validation, and audit by providing clear summaries, well-organized materials, and reproducible ...
Senior Model Validation Analyst - Compliance & Financial Crimes (AML, Sanctions and Fair Lending)
New York, NY · On-site
During validation, the Analyst will independently challenge the model's conceptual framework and methodology, data integrity and usage, implementation framework, process/governance, ongoing ...
Senior Model Validation Analyst - Compliance & Financial Crimes (AML, Sanctions and Fair Lending)
New York, NY · On-site
During validation, the Analyst will independently challenge the model's conceptual framework and methodology, data integrity and usage, implementation framework, process/governance, ongoing ...
Working knowledge of model risk best practices and frameworks including model evaluation, model validation and back-testing, model documentation and reporting. * Knowledge of technology risk best ...
Working knowledge of model risk best practices and frameworks including model evaluation, model validation and back-testing, model documentation and reporting. * Knowledge of technology risk best ...
The successful candidate will work closely with Market Risk Management, Model Validation, Treasury, Asset & Liability Management (ALM), Finance, and the Capital Markets Group to provide independent ...
The successful candidate will work closely with Market Risk Management, Model Validation, Treasury, Asset & Liability Management (ALM), Finance, and the Capital Markets Group to provide independent ...
The successful candidate will work closely with Market Risk Management, Model Validation, Treasury, Asset & Liability Management (ALM), Finance, and the Capital Markets Group to provide independent ...
The successful candidate will work closely with Market Risk Management, Model Validation, Treasury, Asset & Liability Management (ALM), Finance, and the Capital Markets Group to provide independent ...
The successful candidate will work closely with Market Risk Management, Model Validation, Treasury, Asset & Liability Management (ALM), Finance, and the Capital Markets Group to provide independent ...
The successful candidate will work closely with Market Risk Management, Model Validation, Treasury, Asset & Liability Management (ALM), Finance, and the Capital Markets Group to provide independent ...
Lead the independent validation of treasury risk models, including IRRBB models and revenue forecasting models etc * Provide credible challenge and independent assessment of model. * Guide analysts ...
Lead the independent validation of treasury risk models, including IRRBB models and revenue forecasting models etc * Provide credible challenge and independent assessment of model. * Guide analysts ...
Model Validation information
See New York salary details
$24.72 - $30.24
2% of jobs
$30.24 - $35.77
6% of jobs
$35.77 - $41.29
13% of jobs
$43.02 is the 25th percentile. Wages below this are outliers.
$41.29 - $46.81
13% of jobs
$46.81 - $52.33
11% of jobs
The median wage is $55.10 / hr.
$52.33 - $57.86
12% of jobs
$57.86 - $63.38
9% of jobs
$67.64 is the 75th percentile. Wages above this are outliers.
$63.38 - $68.90
13% of jobs
$68.90 - $74.43
13% of jobs
$74.43 - $79.95
6% of jobs
$79.95 - $85.47
3% of jobs
$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:
Full-time
Re-posted 14 days ago
Goldman Sachs rating
8.3
Based on 27 frontline employees who took The Breakroom Quiz
47th of 171 rated banks
Job description
MODEL RISK MANAGEMENT (MRM)
The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Birmingham, Warsaw, Hong Kong, Bangalore and Hyderabad. The MRM group is responsible for independent oversight of Model Risk at the firm, ensuring compliance with Firmwide Policy on Model Control and related standards, including documentation to evidence effective challenge over the Model development, implementation, and usage of Models.
The group's primary mandate is to manage risk that arises from models used in the firm through its range of businesses- from models used for derivatives valuation to models used for risk management, liquidity and capital computations. In addition to independently reviewing these classes of models for their validity, theoretical consistency and implementation accuracy, the group is also responsible to assess the risk associated with model choice, e.g., exposure to choice of model in various contexts such as pricing exotic options or in calculating capital.
Who We Look For
Goldman Sachs is seeking a highly motivated AI Model Risk Vice President to join our Model Risk Management (MRM) team in New York. You will play a crucial role in validating the firm's AI models, ensuring their accuracy, reliability, and compliance with regulatory requirements. This is a unique opportunity to gain exposure to a wide range of AI applications within a leading global financial institution and contribute directly to the firm's risk management framework. You will work closely with AI researchers, AI model developers, and other stakeholders to understand model methodologies, assess model risks, and implement validation plans and benchmarking models.
Responsibilities
- Independently validate the performance, accuracy, and reliability of AI models used within Goldman Sachs, focusing on aspects such as accuracy, explainability, model design, and algorithmic robustness.
- Develop and implement validation methodologies and benchmark models tailored to the specific characteristics of AI models.
- Conduct thorough testing and analysis of model outputs, identifying and documenting potential risks and limitations.
- Collaborate with model developers and business stakeholders to address identified issues and improve model performance.
Preferred Qualifications
- A Ph.D. degree in Computer Science, Mathematics, Physics, Engineering, or a closely related quantitative field.
- Understanding of statistical modelling and machine learning algorithms
- 5+ years of working experience in a quantitative field as a model developer or a data researcher.
- Preferable skillset: some experience in AI models
- Programming expertise in Python, including experience with relevant data science libraries (e.g., NumPy, Pandas, TensorFlow, Pytorch).
- Excellent analytical, problem-solving, and communication skills.
- Demonstrated curiosity, ownership, and a willingness to work in a collaborative environment.
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
What Goldman Sachs employees say
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About Goldman Sachs
Sourced by ZipRecruiter
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
New York, NY, US
Year founded
1869