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Contract Model Risk Governance Jobs in Colorado (NOW HIRING)

Jobtailor

Head of Risk and Money Services

Denver, CO · On-site

Define governance, metrics, SLAs, reporting infrastructure, controls documentation, audit readiness ... Build operational infrastructure, SOPs, workforce models, controls, and SLAs for Gusto Wallet, Cash ...

USAA

Actuary Lead

Colorado Springs, CO

Partner with catastrophe modeling and climate science teams to incorporate evolving views of risk ... Support relevant governance forums with analytical insights and recommendations. What you have:

USAA

Actuary Lead

Colorado Springs, CO · On-site

Partner with catastrophe modeling and climate science teams to incorporate evolving views of risk ... Support relevant governance forums with analytical insights and recommendations. What you have:

USAA Careers

Actuary Lead

Colorado Springs, CO · On-site

Partner with catastrophe modeling and climate science teams to incorporate evolving views of risk ... Support relevant governance forums with analytical insights and recommendations. What you have:

USAA

Actuary Lead

Colorado Springs, CO · On-site

Partner with catastrophe modeling and climate science teams to incorporate evolving views of risk ... Support relevant governance forums with analytical insights and recommendations. What you have:

Crocs

Sr. Manager, AI Solutions & Delivery

Broomfield, CO · On-site

$145K - $160K/yr

Establish and enforce responsible AI governance practices, including standards for data usage, model risk, bias monitoring, human-in-the-loop controls, compliance, and auditability. * Serve as the ...

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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

Senior Analyst, Risk Management, PG

Denver, CO • On-site

Judi Health
See more jobs at Judi Healthexternal

Full-time

Posted 29 days ago

Key responsibilities

  • Maintain and update the centralized PG database, including entering awarded PGs, contract amendments, and new client implementations.

  • Design, build, and maintain operational dashboards, KPI reports, and trend analyses to monitor PG performance, contractual compliance, and risk exposure.

  • Support risk management initiatives by analyzing PG performance data, identifying root causes and operational risks, and supporting process or reporting improvements.

Job description

About Judi Health
Judi Health is a health technology company providing benefit administration solutions to employers, unions, health plans, and government entities. Judi Health replaces fragmented, outdated systems with the industry's first Unified Claims Processingâ„¢ architecture, seamlessly consolidating pharmacy and medical benefit administration on a single, secure platform. By delivering true price transparency, eliminating unnecessary middleman fees, and leveraging advanced AI-powered care delivery, Judi Health helps clients achieve unprecedented operational efficiency and service levels.
At Judi Health, we're deploying the infrastructure our country needs to deliver the healthcare we all deserve. We are the intelligence platform powering benefits plans for millions of Americans and proudly leading the next generation of care. To learn more, visit www.judi.health.
Location: Hybrid 3 days (offices in NYC, Denver, CO and Charlotte, NC area)
Position Summary:
The Senior Analyst, Risk Management (PGs) supports the Risk Management function by maintaining the day-to-day governance, tracking, and reporting of client performance guarantees (PGs) and related contractual commitments across the client book of business. Operating within the Client Services, Account Advocacy & Risk Management team, the Analyst maintains the centralized PG database, produces performance and risk reporting, and partners cross-functionally with Legal, Finance, Analytics, and Client Services to improve data quality, clarify ownership, and mature the end-to-end PG process. The role blends risk and process-improvement work, managing risk-based initiatives from intake through execution, and operational analytics-identifying gaps and risk patterns and supporting initiatives that reduce the organization's contractual risk exposure.
Position Responsibilities:
  • Maintain the centralized PG database (Jira Assets), entering and updating awarded PGs, contract amendments, and new client implementations, and reducing the ongoing data backlog.
  • Reconcile and feed PG data into downstream reporting environments (e.g., Snowflake and Tableau) to support accurate dashboards and visibility into dollars at risk, contract counts, and PG counts.
  • Design, build, and maintain operational dashboards, KPI reporting, and recurring trend analysis covering PG performance, contractual compliance, and risk exposure, translating data into insights for stakeholders.
  • Analyze PG performance trends, contractual compliance metrics, and underlying data relationships to identify root causes, assess operational risk, support forecasting and variance analysis, and recommend process or reporting improvements
  • Support client scorecard generation by centralizing and standardizing PG data sources, reducing reliance on manual, decentralized stakeholder requests.
  • Help document and improve the end-to-end PG lifecycle (establishment, negotiation, approval, award, tracking, measurement, and reporting), assessing impacts, clarifying ownership, and recommending standardized practices.
  • Maintain the PG data source inventory, ownership mapping, and methodology-review flags to capture risk signals and support governance decisions.
  • Support governance of risk events through a structured identify-assign-track-close workflow, logging items, confirming owners, and following up to closure.
  • Support automation of manual reporting and tracking processes and partner with stakeholders to improve data quality and reporting accuracy.
  • Plan and execute risk-based initiatives end to end - structuring project plans, coordinating cross-functional workstreams, and tracking progress, dependencies, and action items to closure across Legal, Finance, Analytics, and Client Services partners.
  • Support client audit activities and broader contractual-guarantee visibility (e.g., clinical and program guarantees) as part of the overall risk management framework.

Required Qualifications:
  • Bachelor's degree or equivalent experience
  • 3-5 years of experience in operations, contract support, healthcare or PBM administration, risk management, or process improvement
  • Strong documentation, data-tracking, and organizational skills with high attention to detail and accuracy
  • Strong problem-solving skills and a process-improvement mindset, with the ability to identify gaps, risks, and improvement opportunities
  • Ability to collaborate and coordinate across cross-functional teams, including Legal, Finance, Analytics, and Client Services
  • Proficiency with Excel and comfort working with data in reporting and dashboarding tools
  • Experience coordinating or executing cross-functional projects or initiatives, including planning, tracking, and driving work to closure
  • Experience analyzing data and building reporting or dashboards to translate information into actionable insights

Preferred Qualifications:
  • Experience in a PBM, healthcare, or healthtech environment.
  • Familiarity with performance guarantees, contractual compliance, or client audit processes.
  • SQL and/or Python.
  • Power BI or Tableau, and Excel Power Query.
  • Business process mapping and workflow automation tools.
  • Formal project management methodology, tools, or certification (e.g., Agile/Scrum, PMP).
  • Experience with Jira / Jira Assets or comparable database and dashboarding tools.

Denver, CO Salary Range
$90,400-$113,000 USD
All employees are responsible for adherence to the Judi Health Code of Conduct including the reporting of non-compliance. This position description is designed to be flexible, allowing management the opportunity to assign or reassign duties and responsibilities as needed to best meet organizational goals.
We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
By submitting an application, you agree to the retention of your personal data for consideration for a future position at Judi Health. More details about Judi Health's privacy practices can be found at https://www.judi.health/legal/privacy-policy.

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