Senior Actuary & Model Risk Leader (Hybrid)

Staff Financial Group; West Chester (Chester County); Hybrid; USD 175,000 - 195,000; Full time

Job summary

A financial services firm located in West Chester, PA is seeking an Actuary / Model Risk Manager to lead the model risk management framework and ensure compliance. Candidates should have strong actuarial credentials (FSA preferred), 5+ years of experience, and a collaborative spirit, as this role involves working closely with various teams. The position offers a competitive salary range of $175,000 - $195,000, paired with an annual bonus and hybrid work flexibility.

Qualifications

• 5+ years of model risk management experience in financial services.
• Strong understanding of model risk frameworks and validation processes.

Responsibilities

• Oversee model risk governance and subcommittee operations.
• Partner with actuarial, finance, and investment teams to promote model risk awareness.
• Develop risk management infrastructure, including documentation and best practices.
• Validate models, assess risk ratings, and address audit requests.
• Maintain compliance with internal policies and regulatory standards.
• Continuously monitor and enhance model risk frameworks.

Skills

Model risk management experience

Excellent communication skills

Problem-solving skills

Organizational skills

Education

Bachelor’s degree in Actuarial Science, Mathematics, Finance, or a related field

Actuarial credentials (FSA highly preferred, ASA pursuing FSA)

Job description

A financial services firm located in West Chester, PA is seeking an Actuary / Model Risk Manager to lead the model risk management framework and ensure compliance. Candidates should have strong actuarial credentials (FSA preferred), 5+ years of experience, and a collaborative spirit, as this role involves working closely with various teams. The position offers a competitive salary range of $175,000 - $195,000, paired with an annual bonus and hybrid work flexibility.