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Contract Model Risk Governance Jobs in Colorado (NOW HIRING)

Crocs

AI Governance & Risk Analyst

Broomfield, CO · On-site

$87K - $97K/yr

Build and maintain the enterprise AI governance framework, including policies for acceptable use, data handling, model risk, human-in-the-loop requirements, audit trails, and responsible AI ...

Crocs

AI Governance & Risk Analyst

Broomfield, CO · On-site

$87K - $97K/yr

Build and maintain the enterprise AI governance framework, including policies for acceptable use, data handling, model risk, human-in-the-loop requirements, audit trails, and responsible AI ...

RSM

Manager, Risk and Comliance

Denver, CO · On-site

Exposure to data and AI governance, model risk management frameworks, or emerging technology compliance EXPERIENCE * Knowledge of external audit workflows and the importance of audit quality ...

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Contract Model Risk Governance information

What is contract model risk governance?

Contract Model Risk Governance refers to the framework and processes used by organizations to identify, assess, monitor, and mitigate risks associated with the use of models in contracts or contractual obligations. This role ensures that the use of quantitative models in financial and business contracts complies with regulatory standards and internal policies, reducing the likelihood of errors, misinterpretations, or financial losses. Professionals in this field often oversee model validation, implementation, and documentation, and work closely with compliance, risk, and legal teams. Effective governance helps maintain model integrity and supports sound decision-making across the organization.

What are the key skills and qualifications needed to thrive in contract model risk governance?

To excel in Contract Model Risk Governance, you need a strong background in risk management, quantitative analysis, and familiarity with regulatory requirements, often supported by a degree in finance, mathematics, or a related field. Proficiency with risk management software, model validation tools, and knowledge of frameworks such as SR 11-7 is typically required. Attention to detail, critical thinking, and effective communication are crucial soft skills for evaluating model risk and collaborating with stakeholders. These skills ensure robust oversight of model risk, regulatory compliance, and support sound decision-making within financial institutions.

What are some common challenges faced by professionals in contract model risk governance roles, and how can they be addressed?

Professionals in Contract Model Risk Governance often encounter challenges such as keeping up with evolving regulatory requirements, ensuring thorough model documentation, and effectively communicating risk findings to both technical and non-technical stakeholders. Balancing the need for detailed model validation with tight project timelines can also be demanding. To address these challenges, it's important to foster strong cross-functional collaboration, stay updated on industry best practices, and develop clear communication strategies for reporting risk and compliance issues.

What is the difference between Contract Model Risk Governance vs Contract Model Validation?

AspectContract Model Risk GovernanceContract Model Validation
Primary FocusOverseeing and managing risks associated with contract models, ensuring compliance and risk mitigationAssessing and testing contract models to ensure accuracy and reliability
ResponsibilitiesEstablishing policies, monitoring risk exposure, and implementing controlsPerforming independent reviews, testing model assumptions, and validating outputs
Work EnvironmentRisk management teams, compliance departments, regulatory interactionsQuantitative teams, model validation units, audit functions

While Contract Model Risk Governance focuses on managing and overseeing risks related to contract models, Contract Model Validation involves the technical assessment and testing of those models to ensure their accuracy and reliability. Both roles are essential in a comprehensive risk management framework within financial institutions and industries relying on contract models.

What are the most commonly searched types of Model Risk Governance jobs in Colorado?

The most popular types of Model Risk Governance jobs in Colorado are:

What are popular job titles related to Contract Model Risk Governance jobs in Colorado?

For Contract Model Risk Governance jobs in Colorado, the most frequently searched job titles are:

What job categories do people searching Contract Model Risk Governance jobs in Colorado look for?

The top searched job categories for Contract Model Risk Governance jobs in Colorado are:

What cities in Colorado are hiring for Contract Model Risk Governance jobs?

Cities in Colorado with the most Contract Model Risk Governance job openings:

Contract Model Risk Governance jobs near you

AI Governance & Risk Analyst

Crocs

Broomfield, CO • On-site

$87K - $97K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

Crocs rating

7.0

Company rating: 7.0 out of 10

Based on 65 frontline employees who took The Breakroom Quiz

18th of 104 rated fashion retailers

Job description

At Crocs, Inc., every career offers a chance to make a real impact. No two journeys look the same. And that's exactly how we like it. Whether you're welcoming customers into our stores, collaborating with global teams at our headquarters, or keeping operations moving at our distribution centers, your impact is real and valued. At Crocs, Inc. you're not expected to fit a mold. You're encouraged to break it and create something better.

Overview

Crocs, Inc. is building a centralized Enterprise AI function to drive responsible adoption of artificial intelligence across the organization. Reporting to the Sr Manager, AI Solutions & Delivery, the AI Governance & Risk Analyst will establish the policies, controls, risk assessments, and oversight processes that allow the team to move quickly while protecting the company. This role partners closely with engineers, analysts, business stakeholders, Legal, Information Security, IT, and auditors to build practical guardrails, evaluate AI risk, support compliance, and champion responsible AI practices. The ideal candidate brings strong governance, risk, or compliance fundamentals, along with enough familiarity with AI and modern model behavior to assess risk, design controls, and ask the right questions from day one.

What You'll Do
  • Build and maintain the enterprise AI governance framework, including policies for acceptable use, data handling, model risk, human-in-the-loop requirements, audit trails, and responsible AI principles.
  • Translate governance requirements into practical workflows, templates, checklists, and review gates that teams can follow as part of day-to-day AI intake, delivery, and oversight.
  • Conduct risk assessments for new AI use cases, evaluating data sensitivity, regulatory exposure, business impact, model behavior, and potential unintended consequences.
  • Build and maintain the AI risk register, tracking identified risks, mitigation strategies, owners, and status across the Enterprise AI portfolio.
  • Partner with engineering and solutions teams to design appropriate controls into AI solutions before launch, including human review checkpoints, escalation paths, fallback mechanisms, and monitoring requirements.
  • Support compliance for AI initiatives, including SOX-relevant pricing, promotions, and financial processes, as well as applicable data privacy, consumer protection, and AI regulatory requirements.
  • Build and maintain audit-ready documentation, evidence packages, and oversight processes that demonstrate compliance to internal audit, external auditors, and regulators as needed.
  • Serve as a key partner to Legal, Information Security, IT, engineering, and business stakeholders on AI-related risk, compliance, responsible AI practices, incident response, and continuous process improvement.
What You'll Bring to the Table
  • Bachelor's degree or equivalent experience in Business, Information Systems, Risk Management, Legal Studies, or a related field.
  • 4+ years of experience in governance, risk management, compliance, internal audit, information security, or a related discipline.
  • Working familiarity with AI/ML concepts and how modern AI systems (including LLMs and generative AI) function - sufficient to evaluate risk, design appropriate controls, and ask the right questions of engineering teams. You don't need to build models, but you need to understand them.
  • Strong understanding of enterprise risk frameworks and compliance requirements - particularly SOX, with familiarity in data privacy and consumer protection regulations.
  • Demonstrated ability to translate policy and regulatory requirements into practical workflows and controls that operational teams can follow.
  • Excellent written communication skills - able to produce clear policies, risk assessments, and audit-ready documentation.
  • Strong analytical thinking and attention to detail - you spot the issue others miss and ask the question others didn't think to ask.
  • Self-directed and comfortable with ambiguity - this is a new function, and you'll be helping define how governance operates, not just following an established playbook.

#LI-AE1

The Company is an Equal Opportunity Employer committed to a diverse and inclusive work environment.We accept applications on an ongoing basis.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability, or any other classification protected by law.

Title: AI Governance & Risk Analyst 

Salary or Pay Range: $87,000 - $97,000 

Pay offered will vary based on job-related factors such as location, experience, training, skills, and abilities.

At Crocs, Inc. we believe in the power of a blend of in-person and virtual collaboration to drive creativity and strengthen relationships. Your participation in this flexible schedule plays a key role in building a connected and successful team. In-office requirements vary by our work personas: Resident (5 days), Collaborator (4 days), Connector (2-3 days), Explorer (fully remote). This role has been aligned to the Collaborator persona.

This organization participates in E-Verify.

This position is eligible to participate in a company incentive program. 

This position is eligible for company benefits including but not limited to medical, dental, and vision coverage, life and AD&D, short and long-term disability coverage, paid time off, employee assistance, participation in a 401k program that includes company match, and many other additional voluntary benefits. 

The application window is 45 days, but applicants are encouraged to apply as soon as possible after the posting date in order to ensure optimal consideration.  The posting will be removed if the job is filled before the application window deadline.

Job Category: Corporate 

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