Chief Model Risk & Governance Leader

Jobtome; Springfield (MO); On-site; USD 200,000 - 280,000; Full time

Job summary

MassMutual seeks a strategic Head of Model Risk Management to lead enterprise model risk governance, validation, and regulatory engagement. You will partner with senior stakeholders to ensure models used in pricing, valuation, capital, and financial reporting are fit-for-purpose and compliant.

The role demands deep actuarial modeling experience, strong leadership, and the ability to navigate ambiguity while driving accountability across business areas.

Qualifications

• Bachelor's degree in statistics, mathematics, physics, data science, actuarial science, or another quantitative field.
• 10+ years of financial services experience with financial, risk, or product models.
• 5+ years presenting complex topics to senior leaders, committees, auditors, or regulators.
• 5+ years influencing strategy or senior decision-making.

Responsibilities

• Lead MassMutual's enterprise model risk management program
• Own and improve model risk policies, standards, validation methods, inventory expectations, and issue management practices
• Develop and implement the strategy for AI tool use in ensuring the effectiveness and efficiency of model risk management
• Set risk-based validation plans and complete timely independent validations
• Ensure consistency, auditability, and alignment with governance requirements
• Lead reporting to senior leadership on model risk exposures, emerging risks, and remediations
• Build, coach, and develop a high-performing team of model validation and model risk professionals
• Partner with Enterprise Risk Management and business teams to strengthen model risk culture, controls and accountability
• Monitor regulatory, industry, and analytical developments and translate them into practical governance improvements

Skills

Actuarial modeling

Leadership

Communication

Strategic influence

Regulatory awareness

Education

Bachelor's degree in statistics, mathematics, physics, data science, actuarial science, or another quantitative field

ASA or FSA preferred

Job description

MassMutual seeks a strategic Head of Model Risk Management to lead enterprise model risk governance, validation, and regulatory engagement. You will partner with senior stakeholders to ensure models used in pricing, valuation, capital, and financial reporting are fit-for-purpose and compliant.

The role demands deep actuarial modeling experience, strong leadership, and the ability to navigate ambiguity while driving accountability across business areas.