1

Director Model Risk Governance Jobs in Independence, MO

Own Steadily's catastrophe modeling cycle ; deliver monthly high-fidelity loss estimates that ... Build Steadily's proprietary View of Risk ; define the methodology, governance, and outputs that ...

next page

Showing results 1-20

Director Model Risk Governance information

See Independence, MO salary details

$49.2K

$130.5K

$237.1K

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

As of Sep 11, 2026, the average yearly pay for director model risk governance in Independence, MO is $130,549.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,200.00 and $152,700.00 per year, depending on experience, location, and employer.

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 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 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 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 job categories do people searching Director Model Risk Governance jobs in Independence, MO look for?

The top searched job categories for Director Model Risk Governance jobs in Independence, MO are:

What cities near Independence, MO are hiring for Director Model Risk Governance jobs?

Cities near Independence, MO with the most Director Model Risk Governance job openings:

Infographic showing various Director Model Risk Governance job openings in Independence, MO as of August 2026, with employment types broken down into 2% As Needed, 80% Full Time, 14% Part Time, and 4% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $130,549 per year, or $62.8 per hour.

Partner Risk & Performance Lead

Prairie Village, KS

Full-time

Re-posted 27 days ago


Job description

POSITION DESCRIPTION

Title:                                Partner Risk & Performance Lead

Classification:                   Salaried, exempt

Position Type:                   Full Time

Reports to:                        President, Bank Partnerships

Location:                           Prairie Village, KS (In Office, Hybrid Potential)

About Us

TBO Bank (AKA The Bank of Opportunity) has been serving customers from our hometown location in Orrick, Missouri. We’ve taken pride in building banking relationships that have spanned decades.  Now we’re bringing “the feel” of hometown banking to a broader landscape.  Our mission: to connect and empower in a way that is human, relatable and real. As we expand the reach of our relationships, you can feel secure working for a bank that just gets it.

Position Summary/Objective

The Lead, Partner Risk Strategy & Performance is responsible for establishing and maintaining the risk governance framework supporting the Bank Partnerships vertical. This role oversees partner risk assessments, policy alignment, control mapping, ongoing monitoring, performance oversight, and governance activities designed to ensure partnership programs operate within the Bank's risk appetite, regulatory expectations, and strategic objectives.

This position serves as the bridge between partnership growth and Safety & Soundness by ensuring risk management principles are embedded throughout the partner lifecycle—from onboarding and implementation through ongoing monitoring and performance management.

Success in this role is demonstrated through effective risk assessments, well-defined control frameworks, meaningful performance monitoring, strong policy alignment, timely identification of emerging risks, and the delivery of actionable insights that support informed decision-making while maintaining a safe, compliant, and scalable partnership portfolio. As the function matures, success will also be measured by the ability to establish repeatable governance processes, expand team capacity, and effectively lead and develop additional resources in support of the growing portfolio.

ESSENTIAL FUNCTIONS

Essential Functions

Partner Risk Governance

  • Conduct initial and ongoing partner risk assessments.
  • Develop and maintain partner risk rating methodologies.
  • Evaluate operational, compliance, credit, strategic, reputational, and information security risks associated with partnership activities.
  • Support governance reviews throughout the partner lifecycle.
  • Recommend risk mitigation strategies and monitoring requirements.

Policy Alignment & Control Frameworks

  • Map partnership activities to applicable Bank policies, standards, and governance requirements.
  • Develop and maintain partnership control inventories.
  • Validate implementation of required controls during onboarding and ongoing operations.
  • Support policy exception reviews and remediation activities.
  • Identify control gaps and recommend enhancements.

Ongoing Monitoring & Performance Oversight

  • Establish and maintain key risk indicators (KRIs) and key performance indicators (KPIs).
  • Monitor partner operational performance, portfolio trends, complaint activity, vendor performance, servicing performance, and program outcomes.
  • Coordinate periodic partner reviews and annual program assessments.
  • Identify emerging trends requiring escalation or management attention.

Risk Intelligence & Reporting

  • Develop executive reporting frameworks supporting partnership oversight.
  • Analyze risk, performance, and operational trends across the partnership portfolio.
  • Support development of dashboards and reporting that communicate portfolio health, operational performance, earnings impacts, and emerging risks.
  • Translate complex risk information into actionable management insights.

Governance & Oversight Support

  • Support Executive Management, Board, and committee reporting.
  • Participate in governance reviews and risk oversight activities.
  • Provide independent challenge and risk perspective on partnership initiatives, changes, and growth opportunities.
  • Support ongoing enhancement of the Bank Partnerships governance framework.

Experience and Qualifications

  • 5–10 years of experience in risk management, enterprise risk management, third-party risk management, compliance, operational risk, or partnership oversight.
  • Strong understanding of consumer lending and partnership-based business models.
  • Experience conducting risk assessments and control evaluations. 
  • Experience developing KPIs, KRIs, dashboards, or executive reporting.
  • Experience supporting audits, examinations, and governance committees.
  • Strong analytical and critical-thinking skills.

Physical Requirements**

  • Ability to sit or stand for extended periods while working at a desk or computer.
  • Must be able to use a computer and other office equipment (e.g., phone, printer).
  • Ability to communicate effectively in person, via phone, and through written correspondence.
  • Ability to concentrate and focus on tasks for extended periods in a fast-paced environment.

*TBO Bank is proud to have an inclusive culture committed to ensuring equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

** The physical demands listed are a requirement to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.