DEPARTMENT OVERVIEW The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Birmingham, Warsaw, Hong ...
DEPARTMENT OVERVIEW The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Birmingham, Warsaw, Hong ...
The incumbent will be responsible for the oversight of the operational risk management framework and program including IT risk management, business continuity planning. The VP will be responsible for ...
The incumbent will be responsible for the oversight of the operational risk management framework and program including IT risk management, business continuity planning. The VP will be responsible for ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Vice President in the Model ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Vice President in the Model ...
Model Risk - Quant Modeling Lead - Vice President
Jersey City, NJ · On-site
$147K - $215K/yr
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Vice President in the Model ...
Model Risk - Quant Modeling Lead - Vice President
Jersey City, NJ · On-site
$147K - $215K/yr
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Vice President in the Model ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Vice President in the Model ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Vice President in the Model ...
As a Vice President of Quantitative Analytics in the Market Risk Model Development team, you will design and implement models that are critical to the firm's risk management and regulatory compliance.
As a Vice President of Quantitative Analytics in the Market Risk Model Development team, you will design and implement models that are critical to the firm's risk management and regulatory compliance.
Risk Management - Market Risk Model Development - Quantitative Analytics - Vice President
Manhattan, NY · On-site
$123K - $220K/yr
As a Vice President of Quantitative Analytics in the Market Risk Model Development team, you will design and implement models that are critical to the firm's risk management and regulatory compliance.
Risk Management - Market Risk Model Development - Quantitative Analytics - Vice President
Manhattan, NY · On-site
$123K - $220K/yr
As a Vice President of Quantitative Analytics in the Market Risk Model Development team, you will design and implement models that are critical to the firm's risk management and regulatory compliance.
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
Risk Management - Market Risk Model Development - Quantitative Analytics - Vice President
Manhattan, NY · On-site
As a Vice President of Quantitative Analytics in the Market Risk Model Development team, you will design and implement models that are critical to the firm's risk management and regulatory compliance.
Risk Management - Market Risk Model Development - Quantitative Analytics - Vice President
Manhattan, NY · On-site
As a Vice President of Quantitative Analytics in the Market Risk Model Development team, you will design and implement models that are critical to the firm's risk management and regulatory compliance.
Company Description A Major International Bank in Midtown Manhattan is seeking an AVP of Model Risk Management. Fluency in Mandarin is required due to the nature of the Position/Client CANDIDATES ...
Company Description A Major International Bank in Midtown Manhattan is seeking an AVP of Model Risk Management. Fluency in Mandarin is required due to the nature of the Position/Client CANDIDATES ...
A financial services company is actively looking for a Risk Management Vice President to join the team. This position will be focusing on margining and stress testing of options, equities, fixed ...
A financial services company is actively looking for a Risk Management Vice President to join the team. This position will be focusing on margining and stress testing of options, equities, fixed ...
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
Primary Responsibilities - Partner with a global Model Risk Management (MRM) team to plan, coordinate, and track project deliverables; manage routine processes, ensure on-time execution, and ...
Risk Management - Quant Modeling Lead - Vice President
Jersey City, NJ · On-site
$147K - $215K/yr
As a Quant Model Risk Vice President in the Model Risk Governance and Review team, you will be ... Manage and develop junior team members, providing mentorship, guidance, and support to foster their ...
Risk Management - Quant Modeling Lead - Vice President
Jersey City, NJ · On-site
$147K - $215K/yr
As a Quant Model Risk Vice President in the Model Risk Governance and Review team, you will be ... Manage and develop junior team members, providing mentorship, guidance, and support to foster their ...
As a Quant Model Risk Vice President in the Model Risk Governance and Review team, you will be ... Manage and develop junior team members, providing mentorship, guidance, and support to foster their ...
As a Quant Model Risk Vice President in the Model Risk Governance and Review team, you will be ... Manage and develop junior team members, providing mentorship, guidance, and support to foster their ...
Assistant Vice President Expectations * To advise and influence decision making, contribute to ... Work with stakeholders of securitized products analytics, including market risk managers, model ...
Assistant Vice President Expectations * To advise and influence decision making, contribute to ... Work with stakeholders of securitized products analytics, including market risk managers, model ...
As a Quant Model Risk Vice President in the Model Risk Governance and Review team, you will be ... Manage and develop junior team members, providing mentorship, guidance, and support to foster their ...
As a Quant Model Risk Vice President in the Model Risk Governance and Review team, you will be ... Manage and develop junior team members, providing mentorship, guidance, and support to foster their ...
The VP will transform challenges and opportunities into value-driven use cases and oversee the ... model risk management. * Provide ad hoc reporting, visualization, and analytical support for ...
New
The VP will transform challenges and opportunities into value-driven use cases and oversee the ... model risk management. * Provide ad hoc reporting, visualization, and analytical support for ...
New
Vice President, Risk Management
$150K - $200K/yr
Our Jersey City office is seeking a VP, Risk Management to join our Risk Management group. This position will be focusing on margining and stress testing of options, equities, fixed income, FX and ...
Vice President, Risk Management
$150K - $200K/yr
Our Jersey City office is seeking a VP, Risk Management to join our Risk Management group. This position will be focusing on margining and stress testing of options, equities, fixed income, FX and ...
You will collaborate with stakeholders across Risk Management, Model Risk Management, Front Office, Finance, Compliance, Internal Audit, and Technology functions to design and implement sustainable ...
You will collaborate with stakeholders across Risk Management, Model Risk Management, Front Office, Finance, Compliance, Internal Audit, and Technology functions to design and implement sustainable ...
As our Senior Vice President, Treasury Risk Management: Principal Responsibilities Set the ... Challenge scenario severity, behavioural assumptions, management actions, and model outputs.
As our Senior Vice President, Treasury Risk Management: Principal Responsibilities Set the ... Challenge scenario severity, behavioural assumptions, management actions, and model outputs.
Vice President Model Risk Management information
See Ridgewood, NJ salary details
$44K - $65.5K
1% of jobs
$65.5K - $87.1K
5% of jobs
$87.1K - $108.6K
14% of jobs
$114.6K is the 25th percentile. Wages below this are outliers.
$108.6K - $130.1K
18% of jobs
The median wage is $143.9K / yr.
$130.1K - $151.6K
19% of jobs
$151.6K - $173.2K
14% of jobs
$182.3K is the 75th percentile. Wages above this are outliers.
$173.2K - $194.7K
11% of jobs
$194.7K - $216.2K
8% of jobs
$216.2K - $237.7K
4% of jobs
$237.7K - $259.2K
4% of jobs
$259.2K - $280.8K
2% of jobs
$44K
$159.4K
$280.8K
How much do vice president model risk management jobs pay per year?
As of Jun 20, 2026, the average yearly pay for vice president model risk management in Ridgewood, NJ is $159,388.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,400.00 and $192,200.00 per year, depending on experience, location, and employer.
What is the difference between Vice President Model Risk Management vs Model Validation Analyst?
| Aspect | Vice President Model Risk Management | Model Validation Analyst |
|---|---|---|
| Credentials | Advanced degrees (e.g., MBA, PhD), certifications like FRM or CFA | Bachelor's or Master's in finance, statistics, or related fields; certifications like FRM or CFA often preferred |
| Work Environment | Strategic leadership, cross-department collaboration, executive-level reporting | Analytical, detail-oriented work focused on model testing and validation |
| Employer & Industry Usage | Financial institutions, banks, asset managers, regulatory bodies | Financial firms, risk management teams, model development groups |
The Vice President Model Risk Management oversees the entire model risk framework, focusing on strategy, governance, and high-level risk assessment. In contrast, the Model Validation Analyst conducts detailed testing and validation of models to ensure accuracy and compliance. While both roles require strong quantitative skills and relevant certifications, the VP role is more strategic and managerial, whereas the analyst role is more technical and operational.
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 Vice President Model Risk Management jobs in Ridgewood, NJ look for? The top searched job categories for Vice President Model Risk Management jobs in Ridgewood, NJ are:
What cities near Ridgewood, NJ are hiring for Vice President Model Risk Management jobs? Cities near Ridgewood, NJ with the most Vice President Model Risk Management job openings:
Full-time, Part-time
Posted 13 days ago
Goldman Sachs rating
8.3
Based on 25 frontline employees who took The Breakroom Quiz
29th of 141 rated banks
Job description
Job Description
DEPARTMENT OVERVIEW
The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Birmingham, Warsaw, Hong Kong, Bangalore, and Hyderabad. The MRM group is responsible for independent oversight of Model Risk at the firm, ensuring compliance with Model Control Policy and related requirements, including documentation to evidence effective challenge over the Model development, implementation and usage of Models.
The group's primary mandate is to manage risk that arises from models used in the firm through its range of businesses- from models used for derivatives valuation to models used for risk management, liquidity and capital computations. In addition to independently reviewing these classes of models for their validity, theoretical consistency and implementation accuracy, the group is also responsible to assess the risk associated with model choice, e.g., exposure to choice of model in various contexts such as pricing exotic options or in calculating capital. As AI adoption increases across the firm, the MRM group plays a critical role in ensuring that innovative AI capabilities are deployed safely.
JOB RESPONSIBILITIES
QUALIFICATIONS
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, United States-based position is $130000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
DEPARTMENT OVERVIEW
The Model Risk Management (MRM) group is a multidisciplinary group of quantitative experts at Goldman Sachs with presence in New York, Dallas, London, Birmingham, Warsaw, Hong Kong, Bangalore, and Hyderabad. The MRM group is responsible for independent oversight of Model Risk at the firm, ensuring compliance with Model Control Policy and related requirements, including documentation to evidence effective challenge over the Model development, implementation and usage of Models.
The group's primary mandate is to manage risk that arises from models used in the firm through its range of businesses- from models used for derivatives valuation to models used for risk management, liquidity and capital computations. In addition to independently reviewing these classes of models for their validity, theoretical consistency and implementation accuracy, the group is also responsible to assess the risk associated with model choice, e.g., exposure to choice of model in various contexts such as pricing exotic options or in calculating capital. As AI adoption increases across the firm, the MRM group plays a critical role in ensuring that innovative AI capabilities are deployed safely.
JOB RESPONSIBILITIES
- Play a central role in shaping firmwide AI risk management oversight and governance through:
- Management of the AI oversight committee including agenda-setting, materials, and executive-level decision support
- Managing the AI risk assessment and approval activities across control functions, working closely with the business and engineers to guide them through the approval process
- Owning the firmwide view of AI usage, enabling senior leadership to understand risk posture, trends, and emerging concentrations including through management of the firmwide AI inventory, and tracking and reporting on committee activities, approvals, and follow-ups
- Design, maintain, and evolve the firmwide AI governance framework, liaising with other business units such as Legal, Compliance, and Engineering to translate regulatory expectations and emerging industry standards into practical, scalable controls
- Liaise with technology teams to design scalable infrastructure for AI inventory management and AI risk assessment and approval workflows
- Manage and coordinate engagement with regulators, helping shape external understanding of the firm's risk management approach
QUALIFICATIONS
- 5 plus years of experience, preferably in Financial Services and with working knowledge of AI
- Excellent project management and communication skills, with ability to work and communicate effectively with a wide variety of technical and non-technical stakeholders across various seniority levels
- Excellent analytical, quantitative, interpersonal and organizational skills. Team oriented and able to pick up technical concepts quickly
- Comfort operating in areas of evolving regulation and limited precedent, with the ability to exercise sound judgment
- Programming skills preferred (e.g., Python)
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, United States-based position is $130000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
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About Goldman Sachs
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At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
New York, NY, US
Year founded
1869