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Senior Model Risk Management Jobs in Ridgewood, NJ

Model Risk Management, MRM is responsible for overseeing enterprise-wide model risk management and ... Per the Federal Reserve Supervision and Regulator guidance (SR 11-7), Model Validation is the set ...

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Senior Model Risk Management information

See Ridgewood, NJ salary details

$22.8K

$119.7K

$212.5K

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

As of Jun 19, 2026, the average yearly pay for senior model risk management in Ridgewood, NJ is $119,652.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,500.00 and $146,700.00 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 Ridgewood, NJ? The most popular types of Model Risk Management jobs in Ridgewood, NJ are:
What job categories do people searching Senior Model Risk Management jobs in Ridgewood, NJ look for? The top searched job categories for Senior Model Risk Management jobs in Ridgewood, NJ are:
What cities near Ridgewood, NJ are hiring for Senior Model Risk Management jobs? Cities near Ridgewood, NJ with the most Senior Model Risk Management job openings: