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Contract Model Risk Governance Jobs in Texas (NOW HIRING)

Support regulatory, audit, model risk, and enterprise risk management activities related to AI and advanced analytics environments. * Translate governance policies into repeatable operational ...

... beyond the contract term. The contractor shall provide the following deliverables during the ... logic 3. Risk Governance Model o Defined workflows for risk intake, review, acceptance, and ...

... beyond the contract term. The contractor shall provide the following deliverables during the ... logic 3. Risk Governance Model o Defined workflows for risk intake, review, acceptance, and ...

... beyond the contract term. The contractor shall provide the following deliverables during the ... logic 3. Risk Governance Model o Defined workflows for risk intake, review, acceptance, and ...

Strong understanding of AI risk, model risk, data privacy, explainability, human oversight, and responsible AI practices in regulated environments. * Ability to translate governance policies into ...

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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 job categories do people searching Contract Model Risk Governance jobs in Texas look for? The top searched job categories for Contract Model Risk Governance jobs in Texas are:
What cities in Texas are hiring for Contract Model Risk Governance jobs? Cities in Texas with the most Contract Model Risk Governance job openings:
Infographic showing various Contract Model Risk Governance job openings in Texas as of June 2026, with employment types broken down into 86% Full Time, and 14% Temporary. Highlights an 86% In-person, and 14% Hybrid job distribution.

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Posted 7 days ago


Job description

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

East West Bank is seeking a highly experienced AI Governance to lead the design, implementation, and operationalization of the bank’s enterprise AI governance framework. This role is designed for a hands-on governance leader with deep expertise in AI governance, data governance, risk management, and regulatory compliance within highly regulated industries. The ideal candidate combines practical implementation experience with strong understanding of AI/ML technologies, enterprise controls, data risk, model risk, operational governance, and responsible AI practices. The role will partner across business, technology, data, legal, risk, compliance, audit, and operations teams to establish scalable governance processes supporting AI use cases from intake through production monitoring and enterprise adoption. This position is part of East West Bank’s Enterprise AI Strategy & Transformation organization, focused on scaling AI initiatives into governed, measurable, compliant, and enterprise-ready capabilities.

Responsibilities
  • Lead the design and implementation of the enterprise AI governance framework, operating model, standards, controls, and governance processes.
  • Establish and operationalize governance processes for AI intake, inventory management, prioritization, risk assessment, technology gating, approval workflows, monitoring, issue remediation, and value realization tracking.
  • Drive governance activities across the full AI lifecycle including ideation, proof of concept, pilot, production deployment, monitoring, model review, and retirement.
  • Partner with business, technology, data, legal, risk, compliance, cybersecurity, and audit teams to ensure AI initiatives align with enterprise governance standards and regulatory expectations.
  • Define governance controls for AI-enabled solutions including data quality, lineage, privacy, explainability, human oversight, auditability, retention, access governance, and operational resiliency.
  • Establish AI governance reporting, dashboards, metrics, and executive-level transparency related to AI adoption, business value, risk exposure, control effectiveness, and remediation progress.
  • Lead governance processes related to LLM, Generative AI, RAG, intelligent automation, and advanced analytics solutions.
  • Evaluate AI technologies, platforms, and vendors to ensure alignment with enterprise architecture, security, compliance, operational, and risk standards.
  • Support regulatory, audit, model risk, and enterprise risk management activities related to AI and advanced analytics environments.
  • Translate governance policies into repeatable operational procedures, evidence requirements, controls, checklists, and implementation standards.
  • Promote enterprise AI governance awareness, adoption, and responsible AI practices across business and technology organizations.
  • Perform other duties as assigned.
Qualifications
  • 8+ years of experience in AI governance, data governance, model risk, enterprise risk, compliance, data management, or related governance disciplines within financial services, fintech, insurance, or other highly regulated industries.
  • Strong hands-on experience designing and implementing enterprise AI governance frameworks and operational governance processes in production environments.
  • Demonstrated experience operationalizing AI governance across AI intake, inventory management, prioritization, technology assessment/gating, risk assessment, approvals, monitoring, remediation, and value/metrics reporting.
  • Deep understanding of AI risk, model risk, data risk, operational risk, privacy, explainability, bias, human oversight, and responsible AI principles.
  • Strong understanding of regulatory, compliance, audit, and governance expectations related to AI, model governance, data governance, and enterprise controls.
  • Hands-on experience governing AI/ML, LLM, Generative AI, RAG, and advanced analytics solutions within enterprise environments.
  • Strong familiarity with enterprise governance tooling including Microsoft Purview, Collibra, Alation, Informatica, MLflow, model registries, monitoring platforms, and AI observability solutions.
  • Practical understanding of cloud data and AI ecosystems including Azure, Databricks, Snowflake, AWS, GCP, and modern data platforms.
  • Strong understanding of metadata management, data lineage, access governance, data lifecycle management, retention, and enterprise data quality controls.
  • Experience partnering across business, technology, risk, compliance, legal, cybersecurity, audit, and operations teams to operationalize governance at scale.
  • Strong analytical, executive communication, and stakeholder management skills with the ability to translate complex AI and governance risks into actionable business decisions.
  • Bachelor’s degree in Information Systems, Computer Science, Data Management, Risk Management, Business Analytics, or related discipline.

Highly Preferred

  • Direct experience governing enterprise AI/GenAI programs within banking or highly regulated industries.
  • Strong familiarity with banking regulatory frameworks and governance expectations including SR 11-7, BCBS 239, CCAR, CECL, AML/BSA, privacy, and enterprise risk management standards.
  • Experience governing LLM platforms including OpenAI, Azure OpenAI, Anthropic Claude, Gemini, Bedrock, or open-source models.
  • Hands-on experience with AI governance related to RAG architectures, vector databases, AI monitoring, prompt governance, and model evaluation frameworks.
  • Experience implementing governance controls supporting AI explainability, fairness, auditability, monitoring, and evidence management.
  • Strong understanding of AI/ML lifecycle management, MLOps, model registries, and production monitoring frameworks.
  • Professional certifications such as CDMP, DAMA, Collibra, Microsoft Purview, risk management, or AI governance certifications.
  • Master’s degree or advanced degree in Data Management, AI, Risk Management, Computer Science, or related quantitative discipline.

Applicants must have legal authorization to work in the United States.  We do not offer visa sponsorship at this time.  

Compensation The base pay range for this position is USD $130,000.00/Yr. - USD $185,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.