ZipRecruiter

Log In

1

Risk Modeler Jobs (NOW HIRING)

Hudson River Trading

Risk Engineer

New York, NY

Build and enhance in-house factor risk models for various asset classes, including interest rates, commodities, credit, and equities * Customize vendor market risk models * Research and build new ...

DCS Corp

Risk Manager

Joint Base Lewis Mcchord, WA

Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.

DCS Corporation

Risk Manager

Tacoma, WA · On-site

Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.

DCS CORPORATION

Risk Manager

WA · On-site

Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.

SysMind Tech

Lead Data modeler

Phoenix, AZ · On-site

$53.25 - $69/hr

Banking Experience (Credit Modeling)-understand (Credit Risk/Modeling) about analysing how risky a borrower is, Working with credit scores, financial history Client name - Sogeti/ Western Alliance ...

previous page

Showing results 41-60

All JobsRisk Modeler Jobs

Risk Modeler information

See salary details

$22

$40

$76

How much do risk modeler jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for risk modeler in the United States is $40.33, according to ZipRecruiter salary data. Most workers in this role earn between $31.25 and $43.51 per hour, depending on experience, location, and employer.

How do risk modelers typically collaborate with other departments within an organization?

Risk Modelers often work closely with teams such as finance, underwriting, data analytics, and IT to ensure that models accurately reflect the organization's risk profile and business objectives. Regular communication is essential to gather relevant data, validate model assumptions, and present findings to stakeholders who may not have a technical background. This cross-functional collaboration helps translate complex quantitative results into actionable insights for decision-makers, making teamwork and clear communication key aspects of the role.

What are the key skills and qualifications needed to thrive as a risk modeler?

To thrive as a Risk Modeler, you need strong quantitative, analytical, and statistical skills, usually backed by a degree in mathematics, statistics, finance, or a related field. Familiarity with programming languages like Python or R, statistical modeling software, and certifications such as FRM or CFA are highly beneficial. Attention to detail, problem-solving abilities, and effective communication are vital soft skills for translating complex models into actionable insights. These skills and qualifications are essential for accurately assessing risk, informing decision-making, and supporting organizational resilience.

What is the difference between Risk Modeler vs Quantitative Analyst?

AspectRisk ModelerQuantitative Analyst
Required CredentialsBachelor's or Master's in Finance, Mathematics, or related fields; certifications like FRM or CFABachelor's or Master's in Finance, Mathematics, or related fields; certifications like CFA or CQF
Work EnvironmentFinancial institutions, risk management teams, insurance companiesInvestment banks, asset management firms, hedge funds
Employer & Industry UsagePrimarily in risk management roles within finance and insuranceIn investment analysis, trading, and portfolio management

While both roles require strong quantitative skills and similar educational backgrounds, Risk Modelers focus on developing models to assess and mitigate financial risks, often within risk management departments. Quantitative Analysts, on the other hand, primarily develop models for investment strategies, pricing, and trading decisions. The roles overlap in skills but differ in their primary focus and application within the financial industry.

More about Risk Modeler jobs
What job categories do people searching Risk Modeler jobs look for? The top searched job categories for Risk Modeler jobs are:
Risk Modeler jobs near you
Infographic showing various Risk Modeler job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $83,896 per year, or $40.3 per hour.

Credit Risk Model Owner

Sumitomo Mitsui Financial Group, Inc.

Manhattan, NY • On-site

$133K - $181K/yr

Full-time

Re-posted 20 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.
The anticipated salary range for this role is between $133,000.00 and $181,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
SMBC is seeking a Credit Risk Model Owner VP to serve as local model owner to monitor and manage credit risk related models for the SMBC Americas Division portfolio. This role is expected to conduct regular model monitoring procedure, finding management, and model governance, communicate with key model stakeholders including Tokyo Head Office, and report to team leads and senior management.
Role Objectives: Delivery
  • Conduct model performance monitoring based on monitoring plan and subsequent revisions, communicate with team leads and model validation team
  • Maintain the credit risk related model inventories, work with model validators to prepare the model documentation package, findings remediation, model attestation, etc.
  • 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 management
  • Periodic monitoring on the use of credit models to identify and examine the need for enhancements of the models and their user guidance including training to model users
  • Enhance model management, governance processes and model documentation standards to improve efficiency and accuracy of model validation process

Role Objectives: Interpersonal
  • Communicate with various model stakeholders, including model users, model validators and internal auditors across the bank including Tokyo Head Office
  • Report to team leads and senior management and also lead and train junior members
  • Recommend enhancements to data management process to improve efficiency and accuracy of ongoing performance monitoring
  • Make presentations to senior management and regulators about credit risk related models and make trainings to model users

Role Objectives: Expertise
  • Strong knowledge of Model Risk Management framework, regulation and industry practice (Experience related to Credit Risk Rating Model is better)
  • Excellent experience and knowledge as Credit Risk Model Owner including developing credit rating models and documentation
  • Strong presentation skills to create visualized charts/materials for readers including regulators and senior management
  • Demonstrated ability to work independently and successfully manage multiple priorities and stakeholders under pressure
  • Ability to communicate appropriately at different levels of the organization to build collaborative relationships

Qualifications and Skills
  • Minimum work experience in model risk management of five years or more such as either model developer, model validator or both (experience related to credit risk rating models is highly desirable)
  • Major in Probability/Statistics/Financial Mathematics/Computer Science preferred
  • Master Degree/CFA/FRM preferred
  • Highly desirable technical and quantitative analysis skills with statistic knowledge and with technical knowledge such as using Excel (VBA), MS Access, SQL, SAS and Python.
  • Excellent interpersonal and written and verbal communication skills
  • Japanese language skill a plus

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.

Apply