Director of Model Risk Management

Mondo; Atlanta (GA); On-site; USD 160,000 - 180,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) plans

Paid time off

Equity awards

Team-building activities

Job summary

A leading technology company is seeking a Director of Model Risk Management to lead their model governance program and oversee validation processes. The ideal candidate will have over 8 years of experience, proven leadership skills, and strong technical expertise in Python, R, SQL, and AWS. This role involves managing teams, ensuring compliance with regulatory guidelines, and establishing a Model Risk Committee. Competitive compensation offered for this strategic leadership position.

Qualifications

• 8+ years of experience in Model Risk Management, Model Validation, or Quantitative Risk roles.
• Proven leadership experience with a desire to step into a strategic leadership role.
• Strong technical expertise in Python, R, SQL, and AWS.
• Hands-on experience with MRM and validation frameworks.
• Experience working with and managing offshore teams.
• Ability to assess model quality and provide direction for improvement.

Responsibilities

• Lead the Model Risk Management program, ensuring compliance with regulatory guidelines.
• Manage a small U.S.-based team and guide offshore developers.
• Oversee and enhance the validation pipeline.
• Define and implement policies, procedures, and standards for model risk management.
• Establish a quarterly Model Risk Committee within the first year.
• Collaborate with offshore teams for efficient validation work.
• Conduct R&D and support innovation in LLM and foundational model adoption.
• Ensure impactful communication of model risk findings.

Skills

Model Risk Management

Model Validation

Quantitative Risk

Python

R

SQL

AWS

Leadership

Offshore Team Management

Tools

AWS SageMaker

Job description

Base pay range

$160,000.00/yr - $180,000.00/yr

About the Role

We are seeking a Director of Model Risk Management (MRM) to lead our model governance program and oversee end-to-end model risk validation processes. This role will manage a U.S.-based direct report and guide an offshore development team of three in India. The Director will be responsible for setting policies, procedures, and standards to ensure models are validated in line with regulatory guidelines, while driving strategic initiatives to strengthen the firm’s overall risk management posture.

The ideal candidate combines hands-on technical expertise in model validation with strong leadership skills to build frameworks, manage teams, and communicate effectively with executives. Within the first year, this leader will also establish a Model Risk Committee with senior stakeholders to align risk tolerance and drive strategic decisions.

Key Responsibilities

• Lead the Model Risk Management program, ensuring compliance with regulatory guidelines for model governance and validation.
• Manage a small U.S.-based team and guide offshore developers (India), planning workloads, reviewing deliverables, and providing direct feedback.
• Oversee and enhance the validation pipeline: model testing, parameter checks, monitoring reports, and validation documentation.
• Define and implement policies, procedures, and standards for model risk management across the organization.
• Partner with senior stakeholders, including the CRO and cross-functional leaders, to establish a quarterly Model Risk Committee within the first year.
• Collaborate with offshore teams to ensure efficient, high-quality validation work and provide actionable input to streamline their tasks.
• Conduct R&D and support innovation in LLM and foundational model adoption (e.g., AWS SageMaker).
• Ensure clear and impactful communication of model risk findings to both technical and non-technical stakeholders.

Qualifications

Must-Haves:

• 8+ years of experience in Model Risk Management, Model Validation, or Quantitative Risk roles.
• Proven leadership experience (Manager, Sr. Manager, or Director level) with a desire to step into a strategic leadership role.
• Strong technical expertise in Python, R, SQL, and AWS.
• Hands-on experience with MRM and validation frameworks.
• Experience working with and managing offshore teams.
• Ability to assess model quality, identify gaps, and provide direction for improvement.

Nice-to-Haves:

• Experience implementing Large Language Models (LLMs) or foundational models with SageMaker.
• Computer Science or Engineering background.
• Prior experience in highly regulated industries (e.g., Financial Services, Insurance, Fintech).
• Medical, dental, vision, life insurance, 401(k) plans, paid time off, and equity awards, along with team-building activities like volunteer outings and educational opportunities such as financial health webinars and training sessions.