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Contract Model Risk Governance Jobs in Phoenix, AZ

Promote consistent adoption of data governance standards across regulatory reporting, risk, and ... Prepare and coordinate documentation, evidence, and responses to support internal audits, model ...

LOB Risk Lead

Phoenix, AZ · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Enterprise Risk Management Framework Operational Risk Management Standards OCC Heightened Standards Regulatory expectations for model governance and risk measurement Industry frameworks (NIST, FAIR ...

Responsibilities Contract Administration & Governance * Maintain contractual records and ... Risk, Audit & Compliance Management * Support maintenance of contract risk registers and issue logs ...

Technology Risk Director- CyberSecurity

Phoenix, AZ · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Define and evolve the cybersecurity risk management strategy and operating model, ensuring ... Guide business partners through enterprise governance forums and approval processes, ensuring cyber ...

Solution Architect - AI & Data

Phoenix, AZ · On-site

$62.50 - $82.50/hr

AI Governance, Risk & Responsible AI * Define and embed AI governance frameworks covering data stewardship, model risk, bias controls, audit trails, and compliance postures. * Support customers in ...

Showing results 41-60

Contract Model Risk Governance information

See Phoenix, AZ salary details

$10

$45

$141

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

As of Aug 16, 2026, the average hourly pay for contract model risk governance in Phoenix, AZ is $45.39, according to ZipRecruiter salary data. Most workers in this role earn between $14.81 and $71.59 per hour, depending on experience, location, and employer.

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 the most commonly searched types of Model Risk Governance jobs in Phoenix, AZ?

The most popular types of Model Risk Governance jobs in Phoenix, AZ are:

What are popular job titles related to Contract Model Risk Governance jobs in Phoenix, AZ?

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

What job categories do people searching Contract Model Risk Governance jobs in Phoenix, AZ look for?

The top searched job categories for Contract Model Risk Governance jobs in Phoenix, AZ are:

Infographic showing various Contract Model Risk Governance job openings in Phoenix, AZ as of August 2026, with employment types broken down into 2% As Needed, 81% Full Time, 14% Part Time, 1% Temporary, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $94,412 per year, or $45.4 per hour.

Regulatory Reporting AVP - Data Governance

MUFG

Tempe, AZ • Hybrid

Full-time

Medical, Retirement, PTO

Re-posted 3 days ago


MUFG rating

8.1

Company rating: 8.1 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

The Regulatory Reporting AVP, Data Governance will work in the Enterprise Reporting Analytics (ERA) team in Chief Data Office (CD) to support the ERA Data Officer in executing the ongoing management of the firm's enterprise data governance framework, with a particular focus on regulatory and riskcritical data. This includes contributing to data quality, lineage, metadata, and control initiatives, supporting regulatory expectations related to data governance, accountability, and risk data aggregation.

Major Responsibilities:

Data Governance & Stewardship

  • Support the implementation and ongoing execution of the enterprise data governance framework, with a focus on regulatory and riskcritical data domains.
  • Partner with Enterprise Data Owners, Data Officers, and Data Stewards to establish and maintain clear data ownership, stewardship roles, and accountability structures for Critical Data Elements (CDEs).
  • Contribute to the development, documentation, and maintenance of authoritative data definitions, business glossaries, data standards, and metadata in approved governance tools (e.g., Collibra).
  • Promote consistent adoption of data governance standards across regulatory reporting, risk, and finance use cases, ensuring alignment with enterprise policy and regulatory expectations.

Data Quality & Controls

  • Support the design, implementation, and monitoring of data quality rules, thresholds, and key performance indicators (e.g., accuracy, completeness, timeliness, consistency) for regulatory and riskcritical data.
  • Assist in embedding data quality controls within upstream systems, data pipelines, and reporting processes, in coordination with Technology and business stakeholders.
  • Monitor data quality performance and trends, support rootcause analysis of data quality issues, and assist in defining remediation actions and sustainable control enhancements.
  • Contribute to data quality reporting and management information provided to senior management, data governance forums, and regulatory stakeholders as needed.

Data Lineage & Regulatory Readiness

  • Support the documentation and maintenance of endtoend data lineage for regulatory reports, risk calculations, and management reporting, from source systems through transformations to final consumption.
  • Ensure lineage artifacts clearly demonstrate data flows, controls, and dependencies in a manner that meets internal governance standards and external regulatory expectations (e.g., BCBS 239).
  • Maintain lineage, metadata, and related governance artifacts within approved enterprise tools, ensuring accuracy, completeness, and ongoing currency.
  • Prepare and coordinate documentation, evidence, and responses to support internal audits, model validations, data quality reviews, and regulatory examinations.

Change & Issue Management

  • Support data governance impact assessments related to regulatory changes, new reporting requirements, system implementations, platform migrations, and changes to data sourcing or calculation logic.
  • Assist in identifying, documenting, and escalating datarelated risks and issues, including data quality breaks, lineage gaps, control deficiencies, audit findings, and regulatory observations.
  • Track remediation efforts through established issue management and governance processes, coordinating with business, technology, and risk partners to ensure timely and effective resolution.
  • Contribute to lessonslearned analysis and continuous improvement initiatives to strengthen data governance, controls, and sustainability outcomes.

CrossFunctional Collaboration & Communication

  • Partner closely with Regulatory Reporting, Capital Management, Risk, Finance, Technology, and other control functions to promote consistent data standards, definitions, and governance practices across the enterprise.
  • Act as a point of coordination between the ERA Data Officer and key stakeholders to facilitate alignment on data governance priorities, regulatory commitments, and execution timelines.
  • Support preparation of materials for data governance committees, working groups, and senior management forums, including status updates, risk assessments, and decision support materials.
  • Contribute to strengthening the firm's data culture by reinforcing accountability, transparency, and proactive risk management in the use of regulatory and riskcritical data.

Qualifications:

  • Approximately 4-6 years of experience in regulatory reporting, capital reporting, finance, or risk functions within a banking or financial services environment.
  • Working knowledge of data governance concepts, including data quality, lineage, metadata, and controls.
  • Familiarity with regulatory expectations related to data governance and risk data aggregation (e.g., BCBS 239).
  • Experience with data governance and reporting tools such as Collibra, Excel, Axiom, or similar platforms.
  • Strong written and verbal communication skills, with the ability to collaborate effectively across functions and escalate issues appropriately.

Education:

  • Bachelor's degree in Accounting, Finance, Economics, or a related field; advanced degree, CPA, or CFA preferred.

The above statements are intended to describe the general nature and level of the work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

The typical base pay range for this role is between $87K - $147K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.

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About MUFG

Sourced by ZipRecruiter

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

New York, NY, US

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