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Director Model Risk Governance Jobs in Minnesota

Establish data ownership, stewardship, and accountability models across business and engineering ... Support compliance, audit, and risk management requirements related to data integrity and system ...

Establish data ownership, stewardship, and accountability models across business and engineering ... Support compliance, audit, and risk management requirements related to data integrity and system ...

Supervise & Manage Direct Reports * Establish metrics and reporting mechanisms to track data privacy and governance effectiveness. * Provide regular updates to senior leadership on risk posture ...

Director Risk & Control

Minneapolis, MN · On-site

$135K - $243K/yr

As the Director of Risk & Controls , you will shape the future of Target's enterprise control ... governance as Target continues to evolve. Success in this role requires strong judgment, curiosity ...

Enterprise Architect (IT)

Minnetonka, MN · On-site +1

$70.25 - $90.75/hr

Reporting to the Director of Enterprise Architecture, this role partners with business, technology ... Familiarity with AI governance, model risk considerations, responsible AI principles, data ...

Showing results 41-60

Director Model Risk Governance information

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 model risk governance?

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 is a director model risk governance?

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 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 are the most commonly searched types of Model Risk Governance jobs in Minnesota? The most popular types of Model Risk Governance jobs in Minnesota are:
What are popular job titles related to Director Model Risk Governance jobs in Minnesota? For Director Model Risk Governance jobs in Minnesota, the most frequently searched job titles are:
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Full-time

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Re-posted 11 hours ago


Quanex rating

6.8

Company rating: 6.8 out of 10

Based on 63 frontline employees who took The Breakroom Quiz

426th of 536 rated manufacturers


Job description

Quanex is looking for a Manager, Data Governance to join our team located in Akron, OH, Owatonna, MN or Rice Lake, WI.

Will be responsible for establishing, leading, and sustaining enterprise data governance practices to ensure data quality, integrity, availability, and compliance across the organization. This role partners closely with Engineering, IT, Manufacturing, Finance, and Operations stakeholders to define standards, ownership, and processes that enable trusted data for decision-making and operational execution. The role has strong accountability for governance of ERP data, engineering change processes, and related controls.

We Offer You!

  • Competitive Salary
  • Bonus Potential
  • 401K with 5% company match, yours to keep after 2 years
  • 15% immediate return if you participate in the company’s ESPP
  • Medical, Dental & Vision Plans
  • Employer paid disability plans and life insurance
  • Paid Time Off & Holidays 
  • Flexible Work Schedule
  • Tuition support for degree and continuous education
  • Employee Resource Groups focused on employee empowerment

What’s attractive about the Manager, Data Governance?

  •  Fast paced environment
  •  Supportive and collaborative culture
  •  Variation of job tasks
  •  The company LIVES its values

What Success Looks Like:

  • Govern master and reference data within ERP platforms, including SAP and Oracle
  • Define and maintain the enterprise data governance framework, including policies, standards, and operating procedures
  • Establish data ownership, stewardship, and accountability models across business and engineering domains
  • Govern engineering-related data domains such as product, BOM, routings, and specifications across systems
  • Oversee and support Engineering Change Request (ECR) and Engineering Change Order (ECO) data impacts, ensuring accuracy, traceability, and SOX compliance
  • Lead data quality initiatives, including definition of metrics, ongoing monitoring, root-cause analysis, and remediation
  • Partner with Engineering and Manufacturing teams to align data structures with business processes and system needs
  • Exercises independent judgment in defining governance standards, resolving data quality issues, and recommending system or process changes impacting enterprise data
  • Collaborate with IT on data architecture, integrations, access controls, and system enhancements related to governed data
  • Ensure data governance practices align with data security, privacy, and access control policies in partnership with IT and Compliance
  • Provide governance oversight for engineering software licensing data, including data accuracy, entitlement tracking, and audit support
  • Support compliance, audit, and risk management requirements related to data integrity and system controls

Your Credentials:

  • Bachelor’s degree in Engineering, Information Systems, Data Management, or a related field
  • 7+ years of experience in data management, master data, or data governance roles
  • Hands-on experience with ERP systems, specifically SAP and/or Oracle
  • Experience supporting engineering or manufacturing data processes, including ECR/ECO workflows
  • Working knowledge of print controls and document control concepts
  • Strong understanding of manufacturing, engineering, and operational data flows
  • Proven ability to influence cross-functional stakeholders without direct authority

The salary range for this position is $125K- $160K w/ bonus potential.

About Quanex, A Part of Something Bigger

Quanex (NYSE: NX) is a global, publicly traded manufacturing company primarily serving OEMs in the fenestration, cabinetry, solar, refrigeration and outdoor products markets. We are A Part of Something Bigger by improving the performance and aesthetics of end products through continuous innovation, helping customers achieve greater production efficiencies, dedication to giving back to communities where we operate, producing shareholder value and helping our employees learn, grow, and thrive. Learn more at Quanex.com.

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