Leader, Enterprise Model Risk & Validation

Jobtome; Boston (MA); On-site; USD 220,000 - 320,000; Full time

Job summary

MassMutual seeks a strategic leader to head Model Risk Management, guiding the enterprise framework for governance, validation, and policy development across pricing, valuation, risk, reporting, and capital models.

The role requires deep quantitative expertise, strong business judgment, and excellence in cross-functional collaboration with stakeholders and model owners to ensure risk-informed decision making and regulatory alignment.

Qualifications

• Bachelor’s degree in statistics, mathematics, physics, data science, actuarial science, or another quantitative field.
• 10+ years of financial services experience, including models in risk, finance, or product areas.
• 5+ years presenting 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, and issue management practices.
• Develop the strategy for AI tool use to ensure model risk management effectiveness.
• Set risk-based validation plans and supervise independent validations.
• Lead reporting to senior leadership on model risk exposures and remediations.
• Build and develop a high-performing team of model risk professionals.
• Collaborate with Enterprise Risk Management to strengthen model risk culture and governance.

Skills

Leadership

Communication

Regulatory knowledge

Strategic thinking

Education

Bachelor’s degree in quantitative field

Job description

MassMutual seeks a strategic leader to head Model Risk Management, guiding the enterprise framework for governance, validation, and policy development across pricing, valuation, risk, reporting, and capital models.

The role requires deep quantitative expertise, strong business judgment, and excellence in cross-functional collaboration with stakeholders and model owners to ensure risk-informed decision making and regulatory alignment.