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Model Validation Jobs in Chicago, IL (NOW HIRING)

Collabera

Validation Scientist

Glenview, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

As a half a billion dollar IT company, Collabera's client-centric business model, commitment to service excellence and Global Delivery Model enables its global 2000 and leading mid-market clients to ...

1 point system

Senior Data Scientist

Chicago, IL · Remote

Build and validate models that rank incidents by likelihood of becoming claims or requiring Risk Management intervention. * Build and validate claim severity models that classify claims by likely ...

1 point system

Senior Data Scientist

Chicago, IL · Remote

Build and validate models that rank incidents by likelihood of becoming claims or requiring Risk Management intervention. * Build and validate claim severity models that classify claims by likely ...

Deloitte

System Test and Validation Lead

Chicago, IL · On-site +1

Experience with AI governance processes, including AI use case tracking, model risk classification ... Drive validation and compliance activities for complex GxP systems as a Senior Consultant ...

Deloitte

System Test and Validation Lead

Chicago, IL · On-site +1

Experience with AI governance processes, including AI use case tracking, model risk classification ... Drive validation and compliance activities for complex GxP systems as a Senior Consultant ...

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All JobsModel Validation JobsModel Validation Jobs in Chicago, IL

Model Validation information

See Chicago, IL salary details

$23

$53

$80

How much do model validation jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for model validation in Chicago, IL is $53.56, according to ZipRecruiter salary data. Most workers in this role earn between $40.62 and $65.14 per hour, depending on experience, location, and employer.

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 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 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 Chicago, IL?

The most popular types of Model Validation jobs in Chicago, IL are:

What are popular job titles related to Model Validation jobs in Chicago, IL?

For Model Validation jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Model Validation jobs in Chicago, IL look for?

The top searched job categories for Model Validation jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Model Validation jobs?

Cities near Chicago, IL with the most Model Validation job openings:

Model Validation jobs near you
Infographic showing various Model Validation job openings in Chicago, IL as of August 2026, with employment types broken down into 2% As Needed, 80% Full Time, 14% Part Time, 1% Temporary, and 3% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $111,413 per year, or $53.6 per hour.

Validation Scientist

Collabera

Glenview, IL

Contractor

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago

Job description

Company Description

About Collabera:
Established in 1991, Collabera is one of the fastest growing end-to-end information technology services and solutions companies globally. As a half a billion dollar IT company, Collabera's client-centric business model, commitment to service excellence and Global Delivery Model enables its global 2000 and leading mid-market clients to deliver successfully in an increasingly competitive marketplace.
With over 8200 IT professionals globally, Collabera provides value-added onsite, offsite and offshore technology services and solutions to premier corporations. Over the past few years, Collabera has been awarded numerous accolades and Industry recognitions including.
Collabera awarded Best Staffing Company to work for in 2012 by SIA. (hyperlink here)
Collabera listed in GS 100 - recognized for excellence and maturity
Collabera named among the Top 500 Diversity Owned Businesses
Collabera listed in GS 100 & ranked among top 10 service providers
Collabera was ranked:
32 in the Top 100 Large Businesses in the U.S
18 in Top 500 Diversity Owned Businesses in the U.S
3 in the Top 100 Diversity Owned Businesses in New Jersey
3 in the Top 100 Privately-held Businesses in New Jersey
66th on FinTech 100
35th among top private companies in New Jersey
http://www.collabera.com/about_us/accolades.jsp
Collabera recognizes true potential of human capital and provides people the right opportunities for growth and professional excellence. Collabera offers a full range of benefits to its employees including paid vacations, holidays, personal days, Medical, Dental and Vision insurance, 401K retirement savings plan, Life Insurance, Disability Insurance.

Job Description

Research and Development, is currently seeking a Microscopist to work in Research and Supplier Integration organization. The selected individual will join a Microstructure Group studying the structure/function relationships inherent in diverse food systems, which include proteins, carbohydrates and lipids. 

Qualifications

Requirements include: 

MS or equivalent in chemistry/biochemistry with a proficiency in advanced microscopy techniques including Confocal Laser Scanning Microscopy, SEM & x-ray micro-analysis. Current experience in fluorescent microscopy, histochemistry and digital image analysis would be considered favorable. 

The position requires the ability to work on several projects simultaneously, write scientific reports and communicate findings to manager. 

Keen problem solving skills and an investigative mind are needed. Must be able to work well in a team.

Additional Information

All your information will be kept confidential according to EEO guidelines.

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