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Contract Model Risk Governance Jobs in Raleigh, NC

Identify data issues and work with technology, risk and business partners to triage, track ... Capability Maturity Model), including implementation of recommended improvements * Experience with ...

Identify data issues and work with technology, risk and business partners to triage, track ... Capability Maturity Model), including implementation of recommended improvements * Experience with ...

... model methodology governance, results aggregation, capital actions analysis, documentation and ... Prior experience in risk management role or at a U.S. banking regulator. * Familiarity with key ...

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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 Jun 18, 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 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 Raleigh, NC? For Contract Model Risk Governance jobs in Raleigh, NC, the most frequently searched job titles 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:
Director, Cybersecurity Risk Management

Director, Cybersecurity Risk Management

Truist

Raleigh, NC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Truist rating

8.3

Company rating: 8.3 out of 10

Based on 109 frontline employees who took The Breakroom Quiz

34th of 141 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:Truist is seeking a senior leader to support continued maturation of the Security Governance function within Truist Protection Services (TPS). Reporting to the Head of Security Governance, this role will play a key role in the strategic direction for the management of cyber risks, issues, and controls across TPS to scale governance and accelerate decision-making.
This leader will translate key drivers, regulatory expectations, and emerging threats into a coherent program strategy and operating model. The role partners closely with other Security Governance functions (Process, Risk and Control; Policy and Standards Governance and Adherence; Assessments; Third-Party Risk; Issue Management), second line Risk, Audit, Business Information Security Officers (BISOs), Technology, Legal, and business stakeholders to strengthen Truist's cyber risk posture and reduce time-to-remediation at scale.
The ideal candidate has led cybersecurity risk, issue management, and/or controls functions in a large, regulated environment; can translate technical risk into clear business decisions; and can drive measurable program outcomes through both strong governance discipline and modern, technology-enabled execution.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

This role leads the governance of a portfolio of issues and related remediation activities. Responsibilities will evolve as the program scales and matures.

  • Define and execute program strategy. Establish the vision, operating model, and multi-year roadmap aligning to key drivers, regulatory expectations, enterprise risk appetite, and TPS priorities.

  • Own end-to-end management of a portfolio of issues -including intake, classification, prioritization, root-cause analysis, action plan quality, remediation tracking, escalation, and closure validation.

  • Drive issue management and mitigation. Identify, document, coordinate, and execute (as applicable) issue management and mitigation activities; partner with control and process owners to ensure timely, sustainable remediation and reduction of repeat findings.

  • Govern controls design and operation. Lead the creation, documentation, and ongoing management of cybersecurity controls as applicable-ensuring controls are well-defined, mapped to applicable frameworks and regulations, testable, and continuously monitored for effectiveness.

  • Embed agentic AI and automation. Champion a culture of innovation by applying agentic AI, intelligent workflows, and advanced analytics to issue management, control monitoring, evidence collection, and executive reporting-reducing manual effort and accelerating insight.

  • Partner across Security Governance. Coordinate seamlessly with Process, Risk and Control; Policy and Standards Governance and Adherence; Assessments; Third-Party Risk; and other Security Governance functions to ensure a consistent, integrated governance experience for TPS.

  • Engage the three lines of defense. Build strong partnerships and influence outcomes across first line TPS teams, second line Risk and Compliance, and third line Audit-aligning oversight expectations, strengthening issue management discipline, and reducing residual risk.

  • Support regulatory and audit engagements. Lead timely, accurate, and well-evidenced responses to regulatory exams and internal audit activities; ensure sustainable remediation and strong control evidence.

  • Deliver executive-ready reporting. Produce concise, decision-grade materials for senior leadership and governance committees, highlighting top risks, issue trends, control health, and prioritized actions.

  • Build and develop the team. Hire, develop, and retain a high-performing team of cybersecurity risk, issue management, and controls professionals; set clear goals, provide coaching, and foster a culture of accountability, curiosity, and collaboration.

  • Embody "we deliver together." Establish strong cross-functional working relationships across TPS, Technology, Legal, Procurement, Enterprise Risk, and business stakeholders to drive shared outcomes.

Qualifications
Required Qualifications
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree in Information Technology, Information Security, Engineering, or related field.
2. Minimum of 10 years of professional experience in technologygovernancewith progressive management responsibilities.
3. Proven experience managing teams and mitigating technology risks at scale.
4. Strong knowledge of regulatory requirements and compliance frameworks.
5.Expertiseingovernanceassessment methodologies, control frameworks, and enterprise vulnerability management.

Preferred Qualifications

  • Graduate degree (MBA, MS, or similar) and/or industry certifications (e.g., CISSP, CRISC, CISM, CISA).

  • Experience building or transforming cybersecurity issue management and controls programs at scale (e.g., issue lifecycle automation, control rationalization, continuous control monitoring, integrated GRC platforms).

  • Experience developing or implementing agentic AI and emerging risk technologies in a GRC context (e.g., AI-assisted root-cause analysis, automated evidence collection, intelligent reporting).

  • Experience translating regulatory requirements and audit findings into durable control design and sustainable remediation strategies.

  • Experience leading governance functions within a complex, matrixed financial institution and influencing outcomes across first, second, and third lines of defense.

The annual base salary for this position is $220,000 - $265,000

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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About Truist

Sourced by ZipRecruiter

Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019