Model Risk Management Head

Strive Solutions; Springfield (MA); On-site; USD 180,000 - 240,000; Full time

Job summary

Strive Solutions seeks a Head of Model Risk Management to oversee enterprise model risk governance across insurance and financial services. You will shape policies, manage the model inventory, and ensure independent validation, reporting to executives and governance bodies.

You will coordinate validation activities, drive remediation, and partner with actuarial, finance, data, and technology leaders to translate complex findings into strategic recommendations.

Qualifications

• Deep quantitative risk expertise and strong model risk judgment.
• Experience with model validation, testing, and monitoring practices.
• Strong governance, documentation, and remediation leadership.
• Collaborative leadership and clear communication with technical and non-technical stakeholders.

Responsibilities

• Develop and maintain enterprise model risk governance, policies, and standards.
• Oversee model documentation, testing, performance monitoring, and remediation.
• Manage and govern the model inventory and model change oversight.
• Coordinate independent validation activities and address validation findings.
• Partner with actuarial, finance, data, technology, and business leaders.
• Translate complex model risk results into clear recommendations for executives and governance bodies.

Skills

Quantitative risk

Model validation

Governance leadership

Stakeholder communication

Job description

Head of Model Risk Management will lead enterprise oversight of models used across insurance and financial services. The role shapes model risk policies and governance, manages the model inventory, and ensures independent model validation.

Key Responsibilities

• Develop and maintain enterprise model risk governance, policies, and standards.
• Oversee model documentation, testing, performance monitoring, and remediation.
• Manage and govern the model inventory and model change oversight.
• Coordinate independent validation activities and address validation findings.
• Partner with actuarial, finance, data, technology, and business leaders.
• Translate complex model risk results into clear recommendations for executives and governance bodies.

Qualifications & Skills

• Deep quantitative risk expertise and strong model risk judgment.
• Experience with model validation, testing, and monitoring practices.
• Strong governance, documentation, and remediation leadership.
• Collaborative leadership and clear communication with technical and non-technical stakeholders.