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Contract Model Risk Governance Jobs in Ohio (NOW HIRING)

Fraud Risk Analytics Manager

Mason, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Fraud Risk Analytics Manager

Cleveland, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Fraud Risk Analytics Manager

Mason, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Fraud Risk Analytics Manager

Mason, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Fraud Risk Analytics Manager

Cleveland, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Fraud Risk Analytics Manager

Cleveland, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Fraud Risk Analytics Manager

Cleveland, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Fraud Risk Analytics Manager

Mason, OH · Hybrid

$106K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ... Experience operating within regulated environments and risk governance structures * Master degree ...

Specialist, Risk Management

Columbus, OH · Remote

$40 - $45/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Description Information Risk Governance (IRG) consists of multiple teams and subject matter experts ... Familiarity with Model Audit Rule (MAR), Sarbanes-Oxley (SOX), Payment Card Industry (PCI ...

Showing results 41-60

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 popular job titles related to Contract Model Risk Governance jobs in Ohio?

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

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

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

Director, Model Engineering & Operations

CareSource

Dayton, OH • On-site

$136 - $237/hr

Other

Posted 14 days ago


CareSource rating

7.7

Company rating: 7.7 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

205th of 310 rated insurance


Job description

Job Summary

The Director, Model Engineering & Operations is responsible for leading the strategy, development, implementation, and optimization of enterprise AI and machine learning solutions that support core health plan operations and business objectives. This role provides leadership for the design and delivery of scalable, secure, and compliant AI/ML platforms and production systems, while overseeing the end-to-end machine learning lifecycle. The Director leads a team of machine learning engineers and applied scientists and collaborates across business and technology functions to translate advanced analytics and artificial intelligence capabilities into reliable, cost-effective, and operationalized solutions that drive organizational performance and innovation.

Essential Functions
  • Lead the design, development, and productionization of ML and AI models across risk adjustment (HCC/RAF), HEDIS/Stars quality measures, care management, utilization management, fraud/waste/abuse, and member/provider experience use cases.
  • Own the end-to-end MLOps lifecycle on Databricks: feature engineering and feature store design, model training and versioning (MLflow), CI/CD for ML pipelines, deployment patterns (batch, real-time, and streaming inference), and automated retraining.
  • Establish and enforce model monitoring practices - drift detection, performance degradation alerts, bias/fairness checks, and champion-challenger frameworks - to ensure production models remain accurate and compliant over time.
  • Guide the evaluation and responsible adoption of generative AI and LLM-based capabilities (e.g., Mosaic AI, Genie, retrieval-augmented generation) for internal analytics, member/provider-facing tools, and operational automation.
  • Define engineering standards, design patterns, and reusable components (feature libraries, model templates, deployment scaffolding) to accelerate delivery across the data science and ML engineering teams.
  • Partner with data governance and security teams to ensure all ML/AI systems comply with HIPAA, CMS, and NCQA requirements, including PHI handling, access controls, and audit trails within Unity Catalog.
  • Manage model risk documentation and validation processes suitable for regulatory review (e.g., RADV audits, Stars/HEDIS submissions) in partnership with compliance and quality teams.
  • Own the cost, performance, and reliability of the ML platform footprint on Databricks, including compute optimization, cluster/job design, and vendor/tooling evaluation (e.g., build vs. buy decisions for platform capabilities).
  • Collaborate with BI, data engineering, and data science teams to ensure ML features and pipelines align with the broader canonical data model and lakehouse architecture.
  • Translate business problems from clinical, quality, finance, and operations stakeholders into well-scoped ML engineering initiatives with clear success metrics and delivery timelines.
  • Communicate technical strategy, risk, and progress to senior leadership and non-technical stakeholders in clear, business-relevant terms.
  • Perform any other job related duties as requested.
Education and Experience
  • Bachelor's degree in Computer Science, Data Science, Engineering, or a related field required.
  • Master's degree in Computer Science, Data Science, Engineering preferred.
  • Equivalent years of relevant work experience may be accepted in lieu of required education.
  • Eight (8) years in software/ML engineering required.
  • Five (5) years of leadership experience required.
  • Experience productionizing ML models at scale, including MLOps practices (CI/CD, model versioning, monitoring, retraining pipelines) required.
  • Experience operating within regulated, PHI-governed environments; working knowledge of HIPAA and healthcare data standards required.
Competencies, Knowledge and Skills
  • Familiarity in a health plan, payer, or healthcare provider environment, with exposure to HEDIS/Stars, HCC risk adjustment, claims (837/835), and clinical data standards (HL7, FHIR, CCDA).
  • Knowledgeable in cloud infrastructure (Azure preferred, given Databricks-on-Azure deployment) and Infrastructure-as-Code practices.
  • Hands-on proficiency with Databricks (or comparable lakehouse platform), Delta Lake, MLflow, and Spark; strong Python and SQL skills.
  • Solid understanding of ML fundamentals (supervised/unsupervised learning, model evaluation, feature engineering) and modern AI/LLM concepts (RAG, embeddings, prompt engineering, model evaluation for generative systems).
  • Ability to evaluate or implement knowledge graph, entity resolution, or Member 360-style initiatives.
  • Strong communication skills with the ability to influence both technical teams and executive stakeholders.
  • Ability to present model risk or AI governance documentation to regulators, auditors, or compliance committees.
  • Strong service orientation and consulting skills.
  • Ability to work collaboratively with all levels of management.
  • Ability to juggle multiple complex priorities within a changing environment.
  • Strong leadership and management skills with the ability to motivate in a team-oriented, collaborative environment.
  • Strong knowledge of outsourcing and staff augmentation strategies supporting testing processes.
  • Knowledge of the managed care industry is preferred.
  • Exceptionally self-motivated and directed.
Licensure and Certification

None

Working Conditions

General office environment; may be required to sit or stand for extended periods of time Ability to travel as required by the needs of the business.

Compensation Range

$135,600.00 - $237,400.00

CareSource takes into consideration a combination of a candidate's education, training, and experience as well as the position's scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level.

In addition to base compensation, you may qualify for a bonus tied to company and individual performance.

We are highly invested in every employee's total well-being and offer a substantial and comprehensive total rewards package.

Compensation Type (hourly/salary): Salary

Organization Level Competencies Fostering a Collaborative Workplace Culture Cultivate Partnerships Develop Self and Others Drive Execution Influence Others Pursue Personal Excellence Understand the Business

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time.

CareSource is an Equal Opportunity Employer.

We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.

#LI-SW2 Brand=CareSource

The CareSource mission is known as our heartbeat. Just as we support our members to be the best version of themselves, our employees are driven by our mission to create a better world for members, stakeholders and providers. We are difference-makers who combine compassionate hearts with our unique business expertise to make every opportunity count. Each claim, each phone call, each consumer-centric decision is a chance to change the world for one member, and our employees look for ways to do that every day. The challenge is, there is no one right way to be the difference and we're looking for people like you that will rewrite that definition every day. We do what it takes to form creative solutions that make our community and the world just a little better. Discover what it means to be #UniquelyCareSource.

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