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Job Ref: 15029
Salary: $65000 – $140000
AVP Model Risk Management
Location: Onsite New York, NY | Enterprise Risk Management Department
Base salary $65K-140K depending on skills and experience
What You’ll Do
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Lead enhancements to the bank’s model risk policy, procedures, and standards—ensuring alignment with SR11-7 and OCC/FRB expectations.
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Maintain and continuously refine the enterprise-wide model inventory, and lead annual model attestation and review processes.
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Act as a second line of defense, leading or supporting validation of models across credit risk, compliance, and other key domains.
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Produce high-quality validation reports and partner with model owners to ensure timely remediation of findings.
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Support and enhance the End User Computing (EUC) control framework—a fast-growing area in risk.
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Collaborate across business lines to implement EUC controls and improve data quality, governance, and operational resilience.
What You Bring
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Bachelor’s degree required; Master’s in Financial Engineering, Statistics, Computer Science, or a related quantitative field strongly preferred.
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5+ years of model risk management experience within a financial institution or consulting environment.
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Deep understanding of regulatory guidance (e.g., SR11-7) and experience applying it across model risk governance and validation.
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Strong quantitative/analytical capabilities; ideally with hands-on experience in credit risk and compliance models.
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FRM or CFA certification preferred.
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