Working knowledge with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017) * Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to ...
Working knowledge with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017) * Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to ...
Working knowledge with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017) * Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to ...
Working knowledge with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017) * Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to ...
The department of Risk Management has an exciting opportunity for a full-time Sr. Manager, Risk Management to work on the UHealth campus. The Sr. Manager, Risk Management implements and supervises ...
The department of Risk Management has an exciting opportunity for a full-time Sr. Manager, Risk Management to work on the UHealth campus. The Sr. Manager, Risk Management implements and supervises ...
The department of Risk Management has an exciting opportunity for a full-time Sr. Manager, Risk Management to work on the UHealth campus. The Sr. Manager, Risk Management implements and supervises ...
The department of Risk Management has an exciting opportunity for a full-time Sr. Manager, Risk Management to work on the UHealth campus. The Sr. Manager, Risk Management implements and supervises ...
Sr. Manager, Risk Management
Miami, FL · On-site
The department of Risk Management has an exciting opportunity for a full-time Sr. Manager, Risk Management to work on the UHealth campus. The Sr. Manager, Risk Management implements and supervises ...
Sr. Manager, Risk Management
Miami, FL · On-site
The department of Risk Management has an exciting opportunity for a full-time Sr. Manager, Risk Management to work on the UHealth campus. The Sr. Manager, Risk Management implements and supervises ...
The role collaborates closely with business units, audit teams, and senior management to mitigate ... with Model Risk Management (MRM), Third Party Risk Management (TPRM), and Technology teams to ...
The role collaborates closely with business units, audit teams, and senior management to mitigate ... with Model Risk Management (MRM), Third Party Risk Management (TPRM), and Technology teams to ...
The role collaborates closely with business units, audit teams, and senior management to mitigate ... with Model Risk Management (MRM), Third Party Risk Management (TPRM), and Technology teams to ...
The role collaborates closely with business units, audit teams, and senior management to mitigate ... with Model Risk Management (MRM), Third Party Risk Management (TPRM), and Technology teams to ...
Senior Risk Manager
Miami, FL · On-site
Risk Management Reports To: Chief Risk Officer Employment Status: Full-Time, Exempt Office Location ... Participate in the oversight of model governance including the validation of model assumptions and ...
Senior Risk Manager
Miami, FL · On-site
Risk Management Reports To: Chief Risk Officer Employment Status: Full-Time, Exempt Office Location ... Participate in the oversight of model governance including the validation of model assumptions and ...
Risk Management Reports To: Chief Risk Officer Employment Status: Full-Time, Exempt Office Location ... Participate in the oversight of model governance including the validation of model assumptions and ...
Risk Management Reports To: Chief Risk Officer Employment Status: Full-Time, Exempt Office Location ... Participate in the oversight of model governance including the validation of model assumptions and ...
Risk Management Reports To: Chief Risk Officer Employment Status: Full-Time, Exempt Office Location ... Participate in the oversight of model governance including the validation of model assumptions and ...
Quick apply
Risk Management Reports To: Chief Risk Officer Employment Status: Full-Time, Exempt Office Location ... Participate in the oversight of model governance including the validation of model assumptions and ...
... Senior Actuary - ALM/Risk Management ... In this position you will be responsible for ALM, Hedging effectiveness studies, Asset Modeling ...
... Senior Actuary - ALM/Risk Management ... In this position you will be responsible for ALM, Hedging effectiveness studies, Asset Modeling ...
Experience working as Risk Management Specialist (5+ years). * Experience with GRC tools such as ... models and identify gaps or areas for improvement. * Serve as a liaison between the IT Security, ...
Experience working as Risk Management Specialist (5+ years). * Experience with GRC tools such as ... models and identify gaps or areas for improvement. * Serve as a liaison between the IT Security, ...
Fraud Program Manager
Miami, FL · On-site
... management. * Collaborate with model risk stakeholders on fraud model validations and ongoing ... Produce and deliver fraud metrics, dashboards, and strategic reports to senior management.
Fraud Program Manager
Miami, FL · On-site
... management. * Collaborate with model risk stakeholders on fraud model validations and ongoing ... Produce and deliver fraud metrics, dashboards, and strategic reports to senior management.
... management. * Collaborate with model risk stakeholders on fraud model validations and ongoing ... Produce and deliver fraud metrics, dashboards, and strategic reports to senior management.
... management. * Collaborate with model risk stakeholders on fraud model validations and ongoing ... Produce and deliver fraud metrics, dashboards, and strategic reports to senior management.
Risk Management Consultant
Miami, FL · Remote
Visibility to senior leaders and partnership with cross functional teams * Opportunity to impact ... insurance risk management, loss control, construction, residential or commercial appraising ...
Risk Management Consultant
Miami, FL · Remote
Visibility to senior leaders and partnership with cross functional teams * Opportunity to impact ... insurance risk management, loss control, construction, residential or commercial appraising ...
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
AVP, IT & AI Governance
$150.10K - $187.80K/yr
Partner with Model Risk Management to align with SR 117 and OCC/Fed guidance * Set standards for AI/model documentation and lifecycle oversight * Govern internal, thirdparty, and Generative AI ...
AVP, IT & AI Governance
$150.10K - $187.80K/yr
Partner with Model Risk Management to align with SR 117 and OCC/Fed guidance * Set standards for AI/model documentation and lifecycle oversight * Govern internal, thirdparty, and Generative AI ...
AVP, IT & AI Governance
Coral Gables, FL · On-site
$150.20K - $187.90K/yr
Partner with Model Risk Management to align with SR 11-7 and OCC/Fed guidance * Set standards for AI/model documentation and lifecycle oversight * Govern internal, third-party, and Generative AI ...
AVP, IT & AI Governance
Coral Gables, FL · On-site
$150.20K - $187.90K/yr
Partner with Model Risk Management to align with SR 11-7 and OCC/Fed guidance * Set standards for AI/model documentation and lifecycle oversight * Govern internal, third-party, and Generative AI ...
AVP, IT & AI Governance
$150.20K - $187.90K/yr
Partner with Model Risk Management to align with SR 117 and OCC/Fed guidance * Set standards for AI/model documentation and lifecycle oversight * Govern internal, thirdparty, and Generative AI ...
AVP, IT & AI Governance
$150.20K - $187.90K/yr
Partner with Model Risk Management to align with SR 117 and OCC/Fed guidance * Set standards for AI/model documentation and lifecycle oversight * Govern internal, thirdparty, and Generative AI ...
Director - Investment Risk Management
Fort Lauderdale, FL · Hybrid
$175K - $220K/yr
Joining this team offers exposure to senior leadership, regulatory engagement, and the opportunity ... You will own the Liquidity Risk Management Program under SEC Rule 22e-4. * You will oversee ...
Director - Investment Risk Management
Fort Lauderdale, FL · Hybrid
$175K - $220K/yr
Joining this team offers exposure to senior leadership, regulatory engagement, and the opportunity ... You will own the Liquidity Risk Management Program under SEC Rule 22e-4. * You will oversee ...
Senior Model Risk Management information
See Miami, FL salary details
$21.5K - $37.8K
2% of jobs
$37.8K - $54.1K
2% of jobs
$54.1K - $70.4K
12% of jobs
$80.3K is the 25th percentile. Wages below this are outliers.
$70.4K - $86.7K
15% of jobs
$86.7K - $103K
16% of jobs
The median wage is $106.3K / yr.
$103K - $119.3K
16% of jobs
$133.8K is the 75th percentile. Wages above this are outliers.
$119.3K - $135.6K
14% of jobs
$135.6K - $151.9K
9% of jobs
$151.9K - $168.2K
10% of jobs
$168.2K - $184.6K
3% of jobs
$184.6K - $200.9K
2% of jobs
$21.5K
$113.1K
$200.9K
How much do senior model risk management jobs pay per year?
What is the difference between Senior Model Risk Management vs Model Validation Analyst?
| Aspect | Senior Model Risk Management | Model Validation Analyst |
|---|---|---|
| Credentials | Advanced degrees in finance, statistics, or related fields; certifications like FRM or CFA | Similar credentials; often holds CFA, FRM, or related certifications |
| Work Environment | Strategic oversight, risk assessment, policy development within financial institutions | Hands-on model testing, validation, and documentation in quantitative teams |
| Industry Usage | Used across banking, insurance, asset management for risk governance | Primarily 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.
Job description
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.
- SME for Moody's credit risk models CMM, RiskCalc, and MPA, coordinating model releases, inputs, overlays, change logs and stewarding data quality and lineage for production use.
- Leads end-to-end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain current model inventory and governance.
- Maintains and updates comprehensive model documentation (purpose, data lineage, key assumptions, segmentation, limitations, monitoring thresholds) to meet regulatory/audit expectations
- Designs and executes ongoing performance monitoring and back testing, produce concise insights, and recommend remediation/challengers if warranted
- Advance/benchmark model usage by leveraging internal and external data to improve accuracy and business utility for CECL, attribution, and risk decomposition
- Supports the quarterly CECL production cycle in partnership with the ACL manager
- Builds recurring and ad-hoc dashboards and reports (Tableau, Excel, PowerPoint, Word) for senior and technical audiences.
- Partners with Data/Technology on data quality and controls, metadata/lineage, and fit-for-purpose datasets supporting validation and CECL activities.
- Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
- Adheres to Bank policies and procedures and completes required training.
- Identifies and reports suspicious activity.
- Supervises function, projects or services and/or one or more employees, as applicable.
- Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
- Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance coaching; rewarding and disciplining employees; addressing complaints and resolving problems.
Bachelor's Degree in a quantitative discipline (eg Statistics, Finance, Mathematics, Engineering, Economics) required. Advanced degree in a quantitative discipline (PhD or MSc in a STEM discipline or Economics/Finance) preferred.
EXPERIENCE
- 5+ years' experience in financial services with significant exposure to credit risk analytics/modeling required
- Deep understanding of credit risk concepts (PD, LGD,and EAD) and credit risk models (PD/LGD, Scorecards, among others) required
- Demonstrated direct experience of model ownership/monitoring, model development, and/or model validation, including concepts such as backtesting, sensitivity testing, and benchmarking required
- Experience with statistical and quantitative modeling techniques is required required
- Experience with programming and statistical packages languages, particularly Python, required required
- Strong experience building dashboards and structured reporting packages required
- CFA, PRM, FRM a plus.
- Excellent communication skills with the ability to analyze and explain findings and remediations.
- Working knowledge with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017)
- Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to an ever-changing work pace with a focus on accuracy and attention to detail.
- Strong interpersonal skills to aid in working with different divisions within the company
- Candidates residing in locations within BankUnited's footprint may be given preference.
About BankUnited
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
1,001 - 5,000 Employees
Headquarters location
Miami Lakes, FL, US
Year founded
2009