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Senior Model Risk Management Jobs in Laurel, MD (NOW HIRING)

Morgan Stanley

Model Risk Control Specialist

Baltimore, MD · On-site

$70K - $125K/yr

... senior management, Model Risk Management, and Internal Audit D. Part 2: Scope of Role - What you'll bring: > Ability to build and maintain clear, audit-ready model documentation across the model ...

Morgan Stanley

Model Risk Control Specialist

Baltimore, MD · On-site

$70K - $125K/yr

... senior management, Model Risk Management, and Internal Audit D. Part 2: Scope of Role - What you'll bring: > Ability to build and maintain clear, audit-ready model documentation across the model ...

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All JobsModel Risk Management JobsSenior Model Risk Management JobsSenior Model Risk Management Jobs in Laurel, MD

Senior Model Risk Management information

See Laurel, MD salary details

$22.3K

$117.2K

$208.2K

How much do senior model risk management jobs pay per year?

As of Aug 4, 2026, the average yearly pay for senior model risk management in Laurel, MD is $117,249.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,800.00 and $143,800.00 per year, depending on experience, location, and employer.

What is the difference between Senior Model Risk Management vs Model Validation Analyst?

AspectSenior Model Risk ManagementModel Validation Analyst
CredentialsAdvanced degrees in finance, statistics, or related fields; certifications like FRM or CFASimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentStrategic oversight, risk assessment, policy development within financial institutionsHands-on model testing, validation, and documentation in quantitative teams
Industry UsageUsed across banking, insurance, asset management for risk governancePrimarily in banking and financial services for model validation roles

While both roles require quantitative expertise and relevant certifications, Senior Model Risk Management focuses on overseeing and managing model risks at a strategic level, whereas Model Validation Analysts concentrate on testing and validating models to ensure accuracy and compliance.

What are the most commonly searched types of Model Risk Management jobs in Laurel, MD? The most popular types of Model Risk Management jobs in Laurel, MD are:
What are popular job titles related to Senior Model Risk Management jobs in Laurel, MD? For Senior Model Risk Management jobs in Laurel, MD, the most frequently searched job titles are:
What job categories do people searching Senior Model Risk Management jobs in Laurel, MD look for? The top searched job categories for Senior Model Risk Management jobs in Laurel, MD are:
What cities near Laurel, MD are hiring for Senior Model Risk Management jobs? Cities near Laurel, MD with the most Senior Model Risk Management job openings:
Senior Model Risk Management jobs near you
Infographic showing various Senior Model Risk Management job openings in Laurel, MD as of July 2026, with employment types broken down into 100% Full Time. Highlights an 72% In-person, 14% Hybrid, and 14% Remote job distribution, with an average salary of $117,249 per year, or $56.4 per hour.

Model Risk Senior Analyst - Validation (AI, Cyber, Technology)

M&T Bank

Baltimore, MD

$113K - $188K/yr

Full-time

Re-posted 27 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 185 frontline employees who took The Breakroom Quiz

88th of 170 rated banks

Job description

Overview: The Senior Model Validation Analyst is responsible for executing robust, independent validations of quantitative and qualitative models across the enterprise. This role serves as a key control function within Model Risk Management (MRM), ensuring models are conceptually sound, empirically validated, and compliant with regulatory and internal standards.

Primary Responsibilities:
  • Lead end-to-end validation of several model families including Consumer CCAR and CECL credit risk models, AI/ML models, Cybersecurity and Technology models.
  • Conduct the validation and analysis of expert judgment or qualitative factors that augment quantitative models; review to confirm proper controls and adequate documentation are in place
  • Perform independent challenge of model methodologies, benchmarking, back-testing, sensitivity analysis, and stress testing
  • Maintain high-quality documentation of validation work, findings, and conclusions to withstand internal audit and regulatory scrutiny.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
  • Support remediation of validation, audit, and regulatory findings.
  • Partner with model developers, business stakeholders, and risk managers to communicate validation outcomes, challenge assumptions, and recommend improvements.
Scope of Responsibilities:

Independently manage multiple validation projects.
Partner with business lines including Credit Risk, Finance, Technology, and Wealth.
Balance regulatory expectations with business objectives.
Contribute to continuous improvement of validation practices and governance.

Supervisory/Managerial Responsibilities:

Individual contributor with opportunities to mentor junior analysts and provide technical guidance.

Education and Experience Required:

Master's or Doctoral Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline,

Plus 4 years' experience in model development or validation, with a combined minimum of >5 years' higher education and relevant work experience.

Technical knowledge of advanced software packages used in analytics.

Education and Experience Preferred:

Master's or PhD in a quantitative discipline (Finance, Economics, Statistics, Mathematics, Engineering).
7-10+ years in model validation, development, or quantitative analytics.
Strong knowledge of model risk, SR 11-07, SR 26-2, and regulatory expectations.
Proficiency in Python, SAS, R, or similar tools.
Strong analytical, communication, and stakeholder management skills.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $113,300.00 - $188,800.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBaltimore, Maryland, United States of America

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