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Contract Model Risk Governance Jobs in Raleigh, NC

Responsible AI Governance Specialist

Raleigh, NC · On-site

$15.75 - $21/hr

Identify documentation gaps, ownership gaps, process risks, model risk concerns, and control weaknesses related to AI governance. * Evaluate and apply tools that improve AI inventory management ...

Responsible AI Governance Specialist

Raleigh, NC · On-site

$15.75 - $21/hr

Identify documentation gaps, ownership gaps, process risks, model risk concerns, and control weaknesses related to AI governance. * Evaluate and apply tools that improve AI inventory management ...

Identify documentation gaps, ownership gaps, process risks, model risk concerns, and control weaknesses related to AI governance. * Evaluate and apply tools that improve AI inventory management ...

Credit Risk Manager

Durham, NC · On-site

$70K - $176K/yr

Manager, Emerging Client Collections The Manager, Credit Risk is responsible for supporting enterprise credit risk governance through customer credit assessments, payment schedule approvals, contract ...

Credit Risk Manager

Durham, NC · On-site

$71 - $176/hr

Manager, Emerging Client Collections The Manager, Credit Risk is responsible for supporting enterprise credit risk governance through customer credit assessments, payment schedule approvals, contract ...

Credit Risk Manager

Durham, NC · On-site

$70K - $176K/yr

Manager, Emerging Client Collections The Manager, Credit Risk is responsible for supporting enterprise credit risk governance through customer credit assessments, payment schedule approvals, contract ...

Manager, Emerging Client Collections The Manager, Credit Risk is responsible for supporting enterprise credit risk governance through customer credit assessments, payment schedule approvals, contract ...

Exposure to data and AI governance, model risk management frameworks, or emerging technology compliance EXPERIENCE * Knowledge of external audit workflows and the importance of audit quality ...

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Contract Model Risk Governance information

See Raleigh, NC salary details

$9

$44

$138

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

As of Sep 7, 2026, the average hourly pay for contract model risk governance in Raleigh, NC is $44.44, according to ZipRecruiter salary data. Most workers in this role earn between $14.47 and $70.10 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 Raleigh, NC?

The most popular types of Model Risk Governance jobs in Raleigh, NC are:

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

The top searched job categories for Contract Model Risk Governance jobs in Raleigh, NC are:

What cities near Raleigh, NC are hiring for Contract Model Risk Governance jobs?

Cities near Raleigh, NC with the most Contract Model Risk Governance job openings:

Responsible AI Governance Specialist

LexisNexis

Raleigh, NC • On-site

$15.75 - $21/hr

Full-time

Re-posted 11 days ago


Key responsibilities

  • Partner with team leads to document AI systems, use cases, risks, controls, ownership, approvals, and governance processes.

  • Maintain the AI use case inventory and related lifecycle documentation, ensuring records are complete, current, traceable, verifiable, and accessible.

  • Coordinate AI risk intake and tiering processes, ensuring required documentation, evidence, approvals, and escalation paths are captured.


LexisNexis rating

7.6

Company rating: 7.6 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

194th of 500 rated business services


Job description

Responsible AI Principles Alignment

The Responsible AI Governance Specialist will help ensure Responsible AI principles are understood, internalized, and consistently applied across teams involved in AI design, development, deployment, monitoring, and governance. This includes supporting practical alignment to five core principles:

  • Evaluate the real-world impact of AI solutions on people.
  • Prevent the creation or reinforcement of unfair bias.
  • Support transparency and explainability in how AI solutions work.
  • Promote accountability through meaningful human oversight.
  • Respect privacy, protect intellectual property, and champion robust data governance.
Key Responsibilities
  • Partner with team leads to document AI systems, use cases, risks, controls, ownership, approvals, and governance processes.
  • Maintain the AI use case inventory and related lifecycle documentation, ensuring records are complete, current, traceable, verifiable, and accessible.
  • Compile and maintain model cards or technical documentation packages using existing design documents, architecture records, evaluation reports, release documentation, testing evidence, and approval records.
  • Coordinate AI risk intake and tiering processes, ensuring required documentation, evidence, approvals, and escalation paths are captured.
  • Produce governance reports with clear lineage from AI use cases, system documentation, risk assessments, control evidence, owner approvals, release decisions, and audit responses.
  • Maintain evidence packages for AI labeling and user disclosure, including screenshots, user interface examples, and documentation showing where AI-generated content is disclosed to users.
  • Document human intervention and feedback mechanisms, including user feedback loops, revision workflows, and how feedback is used to improve model or product quality.
  • Document explainability and transparency practices, including Agentic AI and RAG architecture, Agentic RAG workflows, source citations, Shepard's validation, reasoning workflows, and grounding in trusted legal content.
  • Track governance, testing, and quality assurance evidence, including offline evaluations, human evaluations, DDE quality ratings, regression testing results, release gates, production monitoring, and operational dashboard evidence.
  • Support quarterly reviews and audits of AI systems and models to identify documentation gaps, control gaps, emerging risks, and required remediation actions.
  • Drive follow-up across distributed teams to ensure governance records, control evidence, and remediation items remain complete, accurate, and current.
  • Coordinate responses to AI governance, transparency, audit, legal, compliance, and risk management requests.
  • Support the development, implementation, and continuous improvement of responsible AI and model risk policies, standards, procedures, and operating practices.
  • Translate policy, regulatory, and governance requirements into practical operating processes that can be adopted by technical and business teams.
  • Identify documentation gaps, ownership gaps, process risks, model risk concerns, and control weaknesses related to AI governance.
  • Evaluate and apply tools that improve AI inventory management, governance documentation, model/system traceability, control evidence collection, risk tracking, and regulatory reporting.
  • Stay current with emerging AI technologies, industry trends, responsible AI practices, global regulatory changes, model risk management expectations, and industry standards.
  • Partner with Legal, Compliance, and Risk teams to translate applicable requirements into practical governance processes, documentation expectations, and evidence standards.
  • Translate technical AI and machine learning details into clear governance documentation for non-technical, compliance, legal, audit, and executive audiences.
Required Qualifications
  • 2+ years of hands-on experience building, evaluating, deploying, governing, or supporting large-scale AI, machine learning, or data science systems.
  • Applied experience with AI/ML concepts, data science workflows, software delivery processes, and governance controls.
  • Strong understanding of AI governance concepts and risk domains, including bias, fairness, explainability, privacy, security, transparency, and accountability.
  • Familiarity with AI risk and governance frameworks, such as the NIST AI Risk Management Framework, responsible AI principles, model risk management practices, or similar frameworks.
  • Knowledge of data privacy and regulatory requirements, including CCPA, GDPR, emerging AI regulations, and related compliance expectations.
  • Ability to produce traceable and verifiable governance reports supported by clear evidence, ownership, approvals, and documentation.
  • Ability to translate policy, regulatory, and risk requirements into operational processes, documentation standards, controls, and review workflows.
  • Excellent written communication skills, with the ability to create clear, structured, and audit-ready documentation.
  • Strong analytical and problem-solving skills, with the ability to assess risks, identify gaps, and recommend practical improvements.
  • Strong stakeholder management skills and the ability to drive cross-functional collaboration across technical and non-technical teams.
  • Ability to influence without direct authority and drive accountability across distributed teams.
  • Ability to use and stay current with the latest AI technologies, governance tools, regulatory developments, and industry practices.
Preferred Qualifications
  • Experience supporting AI governance, responsible AI, technology risk, model governance, compliance, audit, or related functions.
  • Experience coordinating cross-functional documentation, control evidence, compliance requests, model reviews, or audit responses.
  • Experience working with data science, machine learning, software engineering, product, legal, compliance, risk, or audit teams.
  • Experience maintaining AI use case inventories, model inventories, governance repositories, process records, or audit evidence.
  • Experience supporting model risk reviews, AI risk tiering, policy implementation, control testing, or remediation tracking.
  • Experience supporting AI product release processes, including testing evidence, evaluation results, quality gates, release approvals, and production monitoring.
  • Familiarity with responsible AI documentation, model cards, AI transparency documentation, release governance, model evaluation records, and AI system monitoring evidence.
  • Prior experience in a regulated environment or enterprise technology organization.
Education
  • Bachelor's degree in Data Science, Computer Science, Information Systems, Engineering, Business, Risk Management, Legal Studies, Public Policy, or a related field.
  • Advanced degree or relevant certifications in AI governance, risk management, compliance, data privacy, machine learning, technology management, or related areas preferred.
  • #AIFluent
U.S. National Base Pay Range: $104,900 - $174,700. Geographic differentials may apply in some locations to better reflect local market rates. If performed in Ohio, the base pay range is $99,700 - $166,000. This job is eligible for an annual incentive bonus.

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