Manager – Model Risk Management

INSPYR Solutions • Davenport, IA

22h • Remote

About The Position

We are seeking an experienced Manager, Model Risk Management to support the Risk Technology organization of a large global financial institution. This role will focus on model governance, model inventory oversight, independent model validation, ongoing performance monitoring, and regulatory compliance. The ideal candidate brings a strong understanding of Model Risk Management frameworks and regulatory expectations, with the ability to effectively partner across Risk, Technology, Compliance, and Business teams.

Requirements

• 7+ years of experience in Model Risk Management, Model Governance, Model Validation, Quantitative Risk, or Enterprise Risk Management within banking or financial services.
• Strong knowledge of Model Risk Management regulatory guidance, including SR 11-7, SR 26-2, and related supervisory expectations.
• Hands-on experience with model inventory management, model governance, validation oversight, performance monitoring, and model risk assessments.
• Experience reviewing and challenging model documentation, validation reports, remediation plans, and vendor model submissions.
• Strong understanding of model lifecycle governance and risk-based control frameworks.
• Proven ability to manage and influence stakeholders across multiple functional areas.
• Excellent analytical, documentation, communication, and presentation skills.
• Must be located within the United States and able to work East Coast business hours.

Nice To Haves

• Experience supporting a large global banking institution.
• Exposure to regulatory exams, Internal Audit, or enterprise risk governance functions.
• Experience overseeing third-party or vendor model governance programs.
• Background supporting risk, finance, treasury, AML, market risk, credit risk, or operational risk models.

Responsibilities

• Maintain and oversee the enterprise model inventory, including model classification, ownership, lifecycle management, and governance compliance.
• Oversee independent model validation activities, ensuring models are appropriately tested, challenged, documented, and approved prior to implementation.
• Monitor model performance, validation findings, and control issues, driving remediation through timely resolution and escalation.
• Assess third-party and vendor-provided models, including methodologies, documentation, assumptions, controls, and validation evidence.
• Support model risk tiering and risk-based governance decisions based on model complexity, materiality, and risk exposure.
• Partner with model owners, validators, risk managers, and business stakeholders to strengthen model governance and maintain compliance with internal policies and regulatory requirements.
• Review and challenge model documentation, validation reports, findings, and remediation plans.
• Develop clear governance documentation, reporting, and presentations for senior management, risk committees, audit, and regulatory review.

Benefits

• Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, or any other protected status.
• Compliance with all applicable laws governing nondiscrimination in employment in every location in which the company has facilities.
• Reasonable accommodation during the application or interview process.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed