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Contract Model Risk Governance Jobs in Houston, TX

... align contract strategy with organizational objectives. Serves as senior legal advisor on enterprise risk, governance, and regulatory legal matters: * Provides senior legal counsel on healthcare, ...

Contract * Proven experience operationalizing Data Governance frameworks, updating runbooks, and ... domain models with access management. * Skilled in formalizing and enabling Data Owner, Data ...

Establish and maintain master data models, hierarchies, business definitions, ownership structures ... Compliance, Risk & Data Controls * Ensure governance processes support regulatory, financial ...

Establish andmaintainmaster data models, hierarchies, business definitions, ownership structures ... Compliance, Risk & Data Controls * Ensure governance processessupportregulatory, financial ...

Vice President, Legal Affairs

Houston, TX · On-site

$234 - $292.50/hr

... align contract strategy with organizational objectives. Serves as senior legal advisor on enterprise risk, governance, and regulatory legal matters: Provides senior legal counsel on healthcare, ...

Showing results 41-60

Contract Model Risk Governance information

See Houston, TX salary details

$9

$43

$136

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

As of Aug 12, 2026, the average hourly pay for contract model risk governance in Houston, TX is $43.66, according to ZipRecruiter salary data. Most workers in this role earn between $14.23 and $68.85 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?

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 Houston, TX? For Contract Model Risk Governance jobs in Houston, TX, the most frequently searched job titles are:
What cities near Houston, TX are hiring for Contract Model Risk Governance jobs? Cities near Houston, TX with the most Contract Model Risk Governance job openings:

Senior Commercial Manager - Industrial Power Generation

Baker Hughes Company

Houston, TX • On-site

Full-time

Medical, Life, Retirement

Posted 20 days ago


Baker Hughes rating

7.6

Company rating: 7.6 out of 10

Based on 78 frontline employees who took The Breakroom Quiz

250th of 487 rated machine equipment manufacturers


Job description

Senior Commercial Manager - Industrial Power Generation
Are you curious/passionate about providing new commercial solutions to sell cutting-edge technology?
Are you a manager ready to challenge the status quo and help the company growth in the Energy Transition era?
Partnering with the best
Join our Innovative Industrial Commercial Team
Baker Hughes IET Industrial Commercial team provides industry-leading products and services that optimize the production and saving of energy worldwide. We help a diverse range of customers across the energy value chain to reduce operating costs and emissions while improving productivity and implementing state-of-the-art digital solutions. Our commercial operations team is the essential link between the customer and the business and has a strong appetite for fresh energy, new ideas and dynamism.
Fueling your passion
As Senior Commercial Manager you will be responsible for leading the commercial development of strategic opportunities within the IET Industrial Power Generation business. The role owns the end-to-end proposal strategy, until the contract finalization, for complex and high-value projects, ensuring competitive, profitable, and customer-focused solutions.
Working across sales, engineering, project execution, and finance teams, the successful candidate will drive bid strategy, commercial risk assessment, pricing governance, and proposal execution to maximize win rates and business profitability.
This role is suited to a seasoned commercial professional looking to influence business growth through deal leadership rather than direct account ownership.
As a Senior Commercial Manager - Industrial Power Generation, you will be responsible for:
  • Leading the preparation of commercial proposals for large and complex Power Systems opportunities coordinating multidisciplinary proposal teams..
  • Defining bid strategies aligned with business objectives and market conditions.
  • Coordinating inputs from engineering, product management, supply chain, and service teams.
  • Ensuring proposals are complete, compliant, competitive, and submitted on time.
  • Supporting strategic pursuits from early engagement through contract award.
  • Ensure compliance with customer requirements, contractual obligations, and internal governance processes.
  • Driving proposal reviews, approvals, and executive presentations.
  • Developing pricing strategies that balance competitiveness and profitability.
  • Leading commercial risk analysis and mitigation planning as per internal risk governance processes and proposals preparation procedures.
  • Assessing contractual terms and negotiate commercial conditions.
  • Ensuring consistency in margins, assumptions, and commercial positioning.
  • Acting as the focal point between Sales, Application Engineers, Engineering, Finance, Legal, Supply Chain, and Execution teams.
  • Guiding internal stakeholders in developing optimized customer solutions.
  • Supporting transition from commercial phase to project execution.
  • Establishing best practices for bidding, tendering, and commercial governance.
  • Mentoring proposal managers and tendering specialists.
  • Driving continuous improvement initiatives to increase proposal quality and win rates.
  • Developing tools, templates, and performance metrics for commercial effectiveness.

To be successful in this role, you will:
  • Have Bachelor's degree in Engineering, Business, Economics, or related disciplines from an accredited college or university
  • Have minimum 15 years of experience in a project-oriented organization
  • Have solid technical and commercial background in the Industrial Energy industry developed in customer facing roles
  • Have highly networked and exposed role requiring ability to communicate and influence at senior leadership level
  • Have experience with complex and multidisciplinary projects and able to integrate several different inputs
  • Have EPC projects expertise
  • Have knowledge of rotating equipment and solutions for the Industrial Energy industry
  • Display the ability to take ownership, execute and shape results in a global-matrix organization
  • Fluent English (spoken and written)
  • Be willing to travel as business requires (estimated 30% of the time)
  • Have strong time management / prioritization skills
  • Have proven capability to establish good relationships with customers and build trust.
  • Have very good business acumen and customer centric attitude.
  • Have a never-give-up attitude, problem solver, works independently.

Preferred:
  • Have experience in: Electrical distribution systems, and /or Grid modernization projects, and /or power quality solutions

Work in a way that works for you
We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too.
Working with us
Our people are at the heart of what we do at Baker Hughes. We know we are stronger when our people are developed, engaged, and empowered to bring their authentic selves to work. We invest in wellbeing, capability development, and leadership growth across all levels.
Working for you
Our innovations have transformed the energy industry for over a century. To continue progressing, we look for individuals who embrace change and contribute to building the future.
What You Can Expect
  • Contemporary work-life balance policies and wellbeing activities
  • Comprehensive private medical care options
  • Safety net of life insurance and disability programs
  • Tailored financial programs
  • Education assistance
  • Generous parental leave
  • Mental health resources
  • Dependent care support
  • Additional elected or voluntary benefits

You will be eligible to participate in Company-sponsored benefit programs, including health & welfare programs and the Thrift Plan (401k). You will have a choice of coverage options that best suit your needs. Coverage options and contribution amounts are related to your benefit elections, base salary level, and specific requirements of each of these plans.
This position is eligible for our comprehensive and competitive benefits package, which can be found here, and is further eligible for additional forms of compensation such as bonuses subject to the terms of the applicable benefit plans or policies.
The Baker Hughes internal title for this role is: Sales Senior Advisor - Proposals

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