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Contract Model Risk Governance Jobs in Dallas, TX

US Bank

Audit Project Manager - Model Risk

Irving, TX · On-site

$99K - $131K/yr

This individual will also perform testing in model governance audits and be involved in other ... Considerable experience taking a risk-based, solutions-oriented approach to audit execution and ...

USAA

Lead Model Validator - Fraud

Plano, TX · Hybrid

Responsible for assessing model inherent risk ratings, model declassifications applications, materiality of model changes, and other reviews of models as part of model validation-related governance ...

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Contract Model Risk Governance information

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$9

$45

$141

How much do contract model risk governance jobs pay per hour?

As of Jun 14, 2026, the average hourly pay for contract model risk governance in Dallas, TX is $45.22, according to ZipRecruiter salary data. Most workers in this role earn between $14.76 and $71.35 per hour, depending on experience, location, and employer.

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 Dallas, TX? For Contract Model Risk Governance jobs in Dallas, TX, the most frequently searched job titles are:
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Contract Model Risk Governance jobs near you
Risk Management Project Manager - Vice President

Risk Management Project Manager - Vice President

JPMorgan Chase & Co.

Plano, TX • On-site

Full-time

Medical, Retirement

Posted 4 days ago

JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 469 frontline employees who took The Breakroom Quiz

46th of 141 rated banks

Job description

Job Description
Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Project Manager, Vice President within the Commercial and Investment Bank (CIB), Wholesale Credit Risk (WCR) organization, you will be responsible for overseeing the planning, execution and delivery of model development projects. In this role, you will work directly with the model developers and reviewers, as well as implementation, production and business teams, and other stakeholders to ensure that models are developed efficiently and meet business objectives. The Project Manager will manage resources and timelines, while ensuring quality control and compliance with industry standards.
Job responsibilities
  • Manage stakeholder relationships by conducting regular meetings with model users to define project scope, objectives, and deliverables that align with business goals.
  • Oversee the planning and execution of the Book of Work for all model development teams.
  • Manage daily operations, including ensuring the timely submission of model documentation.
  • Develop detailed project plans, including timelines, milestones, and resource allocation.
  • Partner with internal control functions, including Internal Audit, Control Management, and Model Risk Governance and Review, to ensure adherence to the firm's policies and governance processes.
  • Supervise the remediation of regulatory and audit findings, as well as model risk issues.
  • Manage quality assurance processes to ensure models adhere to performance and accuracy standards.
  • Support the team in adopting new technologies and methodologies to enhance model development processes.
  • Foster a collaborative and innovative team environment, encouraging continuous learning and development.

Required qualifications, capabilities and skills
  • Bachelor's degree in business, a quantitative field, or a related field.
  • Proven experience in project management within a technical environment.
  • Knowledge of industry standards and best practices in model development.
  • Proficiency with, and willingness to use, firm-approved AI tools to improve productivity and quality while adhering to applicable policies, controls, and data handling requirements.
  • Excellent communication and interpersonal skills, with the ability to manage diverse teams.
  • Strong problem-solving skills and the ability to adapt to changing priorities.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Attention to detail and a commitment to accuracy and quality.

Preferred qualifications, capabilities and skills
  • Certification in project management (e.g., PMP, Agile).
  • Project management experience within financial services/banking.

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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