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Senior Model Risk Management Jobs in Rutherford, NJ

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Senior Model Risk Management information

See Rutherford, NJ salary details

$22.9K

$120.6K

$214.1K

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

As of Jul 12, 2026, the average yearly pay for senior model risk management in Rutherford, NJ is $120,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,100.00 and $147,800.00 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 Rutherford, NJ? The most popular types of Model Risk Management jobs in Rutherford, NJ are:
What job categories do people searching Senior Model Risk Management jobs in Rutherford, NJ look for? The top searched job categories for Senior Model Risk Management jobs in Rutherford, NJ are:
What cities near Rutherford, NJ are hiring for Senior Model Risk Management jobs? Cities near Rutherford, NJ 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 Rutherford, NJ 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 $120,556 per year, or $58 per hour.
AVP Model Risk Management

AVP Model Risk Management

Premium Technology

New York, NY • On-site

Other

Re-posted 14 days ago

Job description

Company Description

A Major International Bank in Midtown Manhattan is seeking an AVP of Model Risk Management.

 

Job Description

Fluency in Mandarin is required due to the nature of the Position/Client
CANDIDATES LOCAL TO THE NY/NJ METRO AREA ONLY. NO RE-LOCATION
FULL NAME AND CONTACT INFORMATION MUST BE INCLUDED ON THE RESUME

  •  Responsible for overseeing the model risk management program functions to ensure effective risk management and compliance with regulatory requirements.
  • Oversight of all aspects of the model risk management program, including independent model validation and periodic review of each model to ensure accuracy and provide recommendations.


Qualifications
1.    Master's degree in Economics, Statistics or Finance related fields.
2.    At least 5 years of working experience in the financial industry, model risk management, credit or market risk management related fields required.
3.    Bilingual abilities in Mandarin and English


Additional Information


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