Model Risk / Validation Analyst

Also called: Quant Validator

Checks the math in a bank's risk and AI models to make sure they aren't wrong in dangerous ways.

A day in the life

You take a colleague's model for predicting loan defaults, rebuild it from scratch, find it fails in a recession and write a report regulators will read.

Pay over a career

Starting
$100k
Typical
$140k
High
$210k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Master's degree, about 6 years after high school. Master's or PhD in a quantitative field common.

Ways in: Graduate school, 4-year college. Training cost: $60k – $150k.

Majors to look at: Statistics, Mathematics, Financial Engineering, Physics.

Outlook

Growing faster than average. Growing with AI model use in banking.

Will it last? Our AI estimate

Low risk in 5 years, medium in 10. More AI models at banks means more models to test; AI helps with code review, but regulators require human validators.

Start now, in high school

Classes: AP Statistics, AP Calculus, AP Computer Science.

Official data: O*NET occupation 13-2054.

More Actuarial Science & Risk Management careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.