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Director Model Risk Governance Jobs (NOW HIRING)

As a Model Risk Governance Officer, you'll work across the bank to evaluate models, provide independent challenge, and deliver insights that help leaders operate within the organization's risk ...

As a Model Risk Governance Officer, you'll work across the bank to evaluate models, provide independent challenge, and deliver insights that help leaders operate within the organization's risk ...

What You'll Contribute The Senior Director, Model Risk will be responsible for leading and managing ... Establish and enforce effective model governance policies, procedures, and standards. * Collaborate ...

What You'll Contribute The Senior Director, Model Risk will be responsible for leading and managing ... Establish and enforce effective model governance policies, procedures, and standards. * Collaborate ...

What You'll Contribute The Senior Director, Model Risk will be responsible for leading and managing ... Establish and enforce effective model governance policies, procedures, and standards. * Collaborate ...

... direct or indirect people leadership experience * Strong knowledge of operational and model risk frameworks, including risk assessment, incident management, and model lifecycle governance * Proven ...

Drive effective model risk governance through oversight, monitoring, reporting, and risk assessments. * Partner with business lines to ensure consistent application of model risk standards and ...

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Director Model Risk Governance information

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$54K

$143.2K

$260K

How much do director model risk governance jobs pay per year?

As of Jul 11, 2026, the average yearly pay for director model risk governance in the United States is $143,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,500.00 and $167,500.00 per year, depending on experience, location, and employer.

What is the difference between Director Model Risk Governance vs Model Risk Analyst?

AspectDirector Model Risk GovernanceModel Risk Analyst
CredentialsAdvanced degrees (e.g., Master’s, PhD), professional certifications (e.g., FRM, CFA)Bachelor’s or Master’s degree, relevant certifications
Work EnvironmentStrategic oversight, policy development, senior stakeholder engagementData analysis, model validation, risk assessment
Employer & Industry UsageFinancial institutions, banks, asset managersFinancial institutions, risk management teams
Search & Comparison IntentUnderstanding leadership roles in model risk governanceEntry to mid-level model risk roles, analysis tasks

The main difference is that the Director Model Risk Governance focuses on strategic oversight, policy setting, and managing model risk at a senior level, while the Model Risk Analyst handles technical validation, data analysis, and risk assessment tasks. The director role involves leadership and decision-making, whereas the analyst role is more technical and operational.

What are the key skills and qualifications needed to thrive as a Director of Model Risk Governance, and why are they important?

To thrive as a Director of Model Risk Governance, you need deep expertise in quantitative finance, risk management, and model validation, often backed by an advanced degree in a quantitative field and relevant industry experience. Familiarity with risk management frameworks, regulatory standards (e.g., SR 11-7), and proficiency in analytical tools like Python, R, or SAS are typically required. Exceptional leadership, communication, and critical thinking skills help you effectively oversee teams and coordinate with stakeholders across the organization. These competencies are vital to ensure robust model governance, regulatory compliance, and informed risk-based decision-making at the enterprise level.

What are Director Model Risk Governance roles?

Director Model Risk Governance roles are senior positions responsible for overseeing and managing the risks associated with financial and predictive models within an organization. These professionals establish and implement model risk management frameworks, ensure compliance with regulatory requirements, and oversee model validation processes. They collaborate with model developers, validators, and business units to identify, assess, and mitigate model risks, as well as report on governance effectiveness to senior management. Their work is crucial in maintaining the reliability and integrity of models used for decision-making and regulatory reporting.

What are some common challenges faced by a Director of Model Risk Governance, and how can they be addressed?

A Director of Model Risk Governance often encounters challenges such as ensuring consistent model validation across diverse business units, keeping up with evolving regulatory requirements, and fostering effective communication between model owners, validators, and senior management. Addressing these challenges typically involves establishing robust model risk frameworks, maintaining clear documentation, and promoting a culture of transparency and collaboration. Regular training sessions and open forums can help bridge knowledge gaps, while leveraging technology can streamline model inventory and validation processes.
What cities are hiring for Director Model Risk Governance jobs? Cities with the most Director Model Risk Governance job openings:
What are the most commonly searched types of Model Risk Governance jobs? The most popular types of Model Risk Governance jobs are:
What states have the most Director Model Risk Governance jobs? States with the most job openings for Director Model Risk Governance jobs include:
What job categories do people searching Director Model Risk Governance jobs look for? The top searched job categories for Director Model Risk Governance jobs are:
Infographic showing various Director Model Risk Governance job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 8% Part Time, and 5% Contract. Highlights an 82% In-person, 3% Hybrid, and 15% Remote job distribution, with an average salary of $143,185 per year, or $68.8 per hour.
Model Risk Governance Officer

Model Risk Governance Officer

BOK Financial

Fort Worth, TX • On-site

Other

Posted 28 days ago


Job description

Req ID: 78167 

Location: Tulsa -TUL, Dallas -DAL, Fort Worth -FTWT, Oklahoma City -OKC 

Areas of Interest: Risk Management; Business/Technical Analysis; Data; Enterprise Data; Finance 

Pay Transparency Salary Range: Not Available 

Application Deadline: 07/31/2026

BOK Financial Corporation Group includes BOKF, NA; BOK Financial Securities, Inc. and BOK Financial Private Wealth, Inc. BOKF, NA operates TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial.

Bonus Type
Discretionary
Summary

This role sits within BOK Financial's Enterprise Risk Management team, where the focus is on identifying and assessing model risk across the organization and ensuring models are used effectively to support sound business decisions. As a Model Risk Governance Officer, you'll work across the bank to evaluate models, provide independent challenge, and deliver insights that help leaders operate within the organization's risk tolerance. This is a strong opportunity for someone who enjoys applying technical concepts in a real-world environment, partnering across teams, and influencing outcomes through thoughtful analysis and communication.

Job Description

In this role, you'll lead model validation and governance efforts, providing independent review and effective challenge to models used across the bank. You'll partner closely with model owners, developers, and business leaders to assess model design, performance, and controls-identifying risks, recommending practical enhancements, and supporting issue resolution. You'll also oversee third-party validations, manage aspects of the model inventory and reporting, and contribute to the ongoing maturation of the model risk framework. Success in this role requires strong judgment, the ability to balance ideal vs. practical outcomes, and confidence navigating complex stakeholder conversations.

This is an ideal opportunity for someone who can balance technical rigor with practical application and is comfortable challenging stakeholders while building strong working relationships.

Team Culture

This is a collaborative, team-oriented group within ERM that values accountability, curiosity, and strong partnership across the organization. The team operates with a high level of autonomy-individuals are trusted to own their work, manage their portfolio, and engage directly with stakeholders, including in situations that require thoughtful challenge or redirection. There's an emphasis on continuous improvement, practical problem-solving, and maintaining a balanced, supportive environment while working through complex and sometimes ambiguous situations.

How You'll Spend Your Time
  • Lead model validation and annual review activities, identifying risks and documenting findings
  • Provide effective challenge to model design, performance, and controls, recommending practical enhancements
  • Partner with model owners, developers, and business leaders to support governance and issue resolution
  • Oversee third-party validation engagements, ensuring quality, scope alignment, and timely delivery
  • Maintain model inventory and support reporting, documentation, and regulatory expectations
  • Communicate insights, risks, and recommendations to stakeholders and oversight committees
  • Manage your own portfolio of models while identifying opportunities to strengthen governance and improve processes
Education & Experience Requirements

The required level of knowledge is normally acquired through a Bachelor's degree in Finance, Business, Engineering or Mathematics and 3-4 years related model validation, risk management, audit, or compliance in a financial institution or an equivalent combination of education/experience.

  • Demonstrated capabilities pertaining to policy review, model reviews/monitoring, certification standards, inventory management, and issues management.
  • Extensive experience in report compilation and distribution
  • Advanced Word, Excel and PowerPoint skills
  • Self-motivation, discipline, task focus, and a proven record of delivering high quality results within strict deadlines.
  • Intellectual curiosity; solid problem-solving abilities and attention to detail; and prompt follow-through
  • Strong oral and written communication skills to effectively represent self and BOKF, as well as ability to translate complex findings and issues in a clear and concise manner to model owners
  • General knowledge of financial theory, statistics, numerical analysis, principals of corporate finance and their applicability to financial institutions 
  • General knowledge of model risk management

BOK Financial Corporation Group is a stable and financially strong organization that provides excellent training and development to support building the long term careers of employees. With passion, skill and partnership you can make an impact on the success of the bank, customers and your own career!  
Apply today and take the first step towards your next career opportunity!
The companies in BOK Financial Corporation Group are equal opportunity employers.  We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, pregnancy status, sexual orientation, genetic information or veteran status.

Please contact recruiting_coordinators@bokf.com with any questions.