Title: Manager – Model Risk Management  
Location: Remote ET Hours
Duration: Contract to 3/31/2027
Compensation: $59-65/HR
Work Requirements:US Citizen
 

Position Overview

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.

Key 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.

Required Qualifications

• 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.

Preferred Qualifications

• 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.

Ideal Candidate

The successful candidate will bring deep expertise in model governance, model inventory management, validation oversight, model performance monitoring, vendor model governance, and regulatory compliance. They will be comfortable operating independently in a highly regulated banking environment and working across multiple stakeholder groups to drive effective model risk governance.

About INSPYR Solutions
Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients' business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.

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