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Contract Model Risk Governance Jobs in Ohio (NOW HIRING)

Lead AI Risk Advisor

Columbus, OH · On-site +1

$138K - $272K/yr

Collaborate on technology initiatives by partnering with Technology, Cybersecurity, Data Governance, and Model Risk to ensure that first line embeds AI controls early in the lifecycle. - (20%

Lead AI Risk Advisor

Columbus, OH · On-site

$138K - $272K/yr

Collaborate on technology initiatives by partnering with Technology, Cybersecurity, Data Governance, and Model Risk to ensure that first line embeds AI controls early in the lifecycle. - (20%

Tech Risk and Controls Lead

Columbus, OH · On-site

$28.25 - $37.25/hr

... models, regulatory expectations, and internal policies. * Govern control implementation and ... Provide strategic insight into the control posture to architecture and risk governance leadership ...

Senior AI Engineer

Toronto, OH · On-site

$93K - $128K/yr

... governance directly into engineering workflows, including: • Security and access controls • Data classification and handling • Model risk management requirements • Privacy and consent ...

... modeling platforms (e.g., QRM, Empyrean), and ensures alignment with regulatory expectations and internal risk governance standards. The position requires strong analytical skills, attention to ...

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Showing results 1-20

Contract Model Risk Governance information

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 key skills and qualifications needed to thrive in Contract Model Risk Governance, and why are they important?

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 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 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 job categories do people searching Contract Model Risk Governance jobs in Ohio look for? The top searched job categories for Contract Model Risk Governance jobs in Ohio 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:
Principal Engineer I, Cyber - IT Security Governance

Principal Engineer I, Cyber - IT Security Governance

Western Alliance Bank

Columbus, OH

Full-time

Medical, Dental, Retirement

Posted 13 days ago


Job description

Job Title:

Principal Engineer I, Cyber - IT Security Governance

Location:

CityScape

What you'll do:

As a Principal IT Security Governance Engineer, you will serve as a senior individual contributor responsible for leading and advancing the organization's cybersecurity governance, risk management, and maturity initiatives. This role combines deep expertise in cyber risk, control design, CRI Profile maturity, and policy management with a strong understanding of modern engineering practices, data, automation, and AI-driven capabilities.
You will drive complex, cross-functional initiatives that embed secure, compliant, and scalable practices into technology, data, and AI solutions, ensuring alignment with enterprise risk management objectives and regulatory expectations. This includes designing and implementing governance frameworks, control structures, and engineering-enabled solutions that enhance the effectiveness, consistency, and automation of risk assessments, RCSAs, and control monitoring.
In this role, you will act as both a governance and technical authority, partnering closely with engineering, data, and risk teams to translate evolving technologies into defensible, regulator-ready processes, controls, and documentation. You will leverage data, automation, and AI to improve visibility into risk posture, drive operational efficiency, and enable sustained improvements in cybersecurity maturity and program scalability.
  • Own and lead cybersecurity governance initiatives spanning risk identification, control design, policy management, and maturity improvement.
  • Serve as a subjectmatter expert for cyber risk management, providing guidance on control effectiveness, risk treatment, and residual risk decisions.
  • Drive execution of cybersecurity Risk & Control SelfAssessments (RCSAs), ensuring alignment to ERM standards and regulatory expectations.
  • Own and manage CRI Profile assessments, maturity scoring, evidence standards, and remediation tracking. Partner with technology, security, and risk teams to drive improved and sustained maturity gains.
  • Maintain traceability between risks, controls, assessment results, and remediation activities.
  • Lead the development, maintenance, and rationalization of cybersecurity policies, standards, and procedures in alignment with industry best practices (e.g., GLBA, FFIEC, NIST).
  • Design, document, and maintain cyber risk statements, control descriptions, and control narratives suitable for audits and regulatory exams.
  • Support internal audits, regulatory exams, and second line credible challenge through structured responses, evidence packaging, and issue management.
  • Track and report on control performance, risk posture, and remediation progress using defined metrics and governance forums.
  • Manage complex projects requiring coordination across IT, Information Security, ERM, Privacy, and Audit.
  • Act as a trusted advisor to senior leaders on risk posture, maturity trends, and program health.
  • Produce clear, executiveready artifacts including risk summaries, maturity dashboards, remediation roadmaps, and briefing materials.
  • Develop and maintain automation solutions (e.g., scripting, workflow tools, AI-assisted processes) to improve efficiency of risk assessments, control testing, and evidence collection.
  • Enable data-driven insights and reporting through engineering-oriented solutions (e.g., dashboards, metrics automation, control monitoring).
  • Drive integration of AI and automation into RCSA, CRI assessments, and risk reporting processes to improve scalability, consistency, and accuracy.

What you'll need:

  • 8+ years of related experience in Cybersecurity, Information Security Governance, IT Risk, or Enterprise Risk Management.
  • Bachelor's degree in Information Systems, Computer Science, Cybersecurity, Risk Management, or a related field. Masters or MBA in related field preferred.
  • Advanced to expert experience with:
    • Cyber Risk Management frameworks (NIST CSF, CRI Profile, FFIEC, ISO 27001 principles).
    • RCSAs, risk identification, control design, and residual risk assessment.
    • Policy, standard, and procedure lifecycle management.
    • Regulatory and audit engagement support in a financial services environment.
  • Strong ability to translate complex technical and regulatory concepts into clear, defensible documentation.
  • Proven experience managing cross functional initiatives with competing priorities.
  • Expert speaking and writing communication skills.
  • Demonstrated experience leveraging or governing AI/ML, automation, or advanced analytics within cybersecurity, risk, or compliance domains preferred.
  • Strong understanding of data architectures, data flows, and system integrations, with the ability to assess associated cyber and privacy risks preferred.
  • Familiarity with emerging regulatory expectations related to AI, model risk, and data usage in financial services preferred.
  • Working knowledge of software engineering or scripting practices (e.g., Python, PowerShell, automation workflows) to support scalable governance solutions preferred.
  • Strong analytical mindset with the ability to use data and automation to enhance risk identification, monitoring, and reporting preferred.
  • Relevant industry certifications (e.g., CISA, CRISC, CISSP, CISM, CGEIT, ITIL) preferred.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation