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Director Model Risk Governance Jobs in Lexington, OK

Pwc

Payer Quality Consultant, Director

Oklahoma City, OK

$155K - $410K/yr

... models - Developing and executing operations strategies that align with client needs and industry ... Risk Management/Insurance - Demonstrating strategic leadership in operations consulting within ...

Acrisure

Manager, Customer Analytics

Oklahoma City, OK

$1 - $2/hr

... risk detection that leads to a reduction in churn * A production-ready churn prediction model with ... Ensure data accuracy, consistency, and governance across systems Reporting & Visualization

Acrisure

Manager, Customer Analytics

Oklahoma City, OK · On-site

$1 - $2/hr

... risk detection that leads to a reduction in churn * A production-ready churn prediction model with ... Ensure data accuracy, consistency, and governance across systems Reporting & Visualization

IDEX

Director - Finance & IT

Oklahoma City, OK · On-site

Deployment and application of IDEX Operating Model core processes based on needs of the business to ... of IT Risk Assessment * Lead, direct and ensure the accuracy of forecasting and AOP Process ...

Pwc

Data Engineer - Senior Manager

Oklahoma City, OK

$124K - $280K/yr

Direct the team through complexity, demonstrating composure through ambiguous, challenging and ... document data models and data flow diagrams - Adhere to data governance and security policies ...

Accenture

Digital Assets Manager

Oklahoma City, OK · On-site

Designed or assessed operating model (roles, responsibilities), governance, or risk & control frameworks (policies, procedures, monitoring) within regulated financial services institutions * A ...

Accenture

Digital Assets Manager

Oklahoma City, OK · On-site

Designed or assessed operating model (roles, responsibilities), governance, or risk & control frameworks (policies, procedures, monitoring) within regulated financial services institutions * A ...

Accenture

Digital Assets Manager

Oklahoma City, OK · On-site

Designed or assessed operating model (roles, responsibilities), governance, or risk & control frameworks (policies, procedures, monitoring) within regulated financial services institutions * A ...

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Showing results 41-60

All JobsModel Risk Governance JobsDirector Model Risk Governance JobsDirector Model Risk Governance Jobs in Lexington, OK

Director Model Risk Governance information

See Lexington, OK salary details

$45.4K

$120.5K

$218.8K

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

As of Aug 7, 2026, the average yearly pay for director model risk governance in Lexington, OK is $120,467.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,800.00 and $140,900.00 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 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 cities near Lexington, OK are hiring for Director Model Risk Governance jobs? Cities near Lexington, OK with the most Director Model Risk Governance job openings:
Director Model Risk Governance jobs near you

Lead Director, Network Management (Oklahoma)

CVS Health

Norman, OK • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 9 days ago

CVS Health rating

5.8

Company rating: 5.8 out of 10

Based on 4,329 frontline employees who took The Breakroom Quiz

88th of 111 rated pharmacies

Job description

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselvesaccountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

Position Summary

  • The Lead Director will manage the development of contracts and agreements with providers and delivery systems in conjunction with being accountable for designing conceptual models, initiative planning, and negotiating high value/risk contracts with the most complex and challenging, market/region/national, largest group/system or highest value/volume of spend providers in accordance with company standards in order to maintain and enhance provider networks, while working cross functionally to ensure consistency with all contracting strategies and meeting and exceeding accessibility, quality, compliance, and financial goals and cost initiatives.

  • Negotiates and executes, conducts high level review and analysis, dispute resolution and/or settlement negotiations of contracts with larger and more complex, market-based, group/system providers.

  • Manages contract performance and supports the development and implementation of value-based contract relationships in support of business strategies.

  • Recruits providers as needed to ensure attainment of network expansion and adequacy targets.

  • Accountable for cost arrangements within defined groups. Collaborates cross-functionally to manage provider compensation and pricing development activities, submission of contractual information, and the review analysis of reports as part of negotiation and reimbursement modeling activities.

  • Responsible for identifying and managing cost issues and initiating appropriate cost saving initiatives and/or settlement activities. Assists with the design, development, management, and or implementation of strategic network configurations and integration activities.

  • Drives or guides development of holistic solutions or strategic plans negotiates and executes contracts with the most complex, market /region/national, largest group/system or highest value/volume of spend providers with significant financial implications.

  • Recruits providers as needed to ensure attainment of network expansion and adequacy targets.

  • Accountable for cost arrangements within defined groups.

  • Collaborates cross-functionally to manage provider compensation and pricing development activities, submission of contractual information, and the review and analysis of reports as part of negotiation and reimbursement modeling activities. Responsible for identifying and managing cost issues and collaborating cross functionally to execute significant cost saving initiatives.

  • Represents company with high visibility constituents, including customers and community groups.

  • Promotes collaboration with internal partners.

  • Evaluates, helps formulate, and implements the provider network strategic plans to achieve contracting targets and manage medical costs through effective provider contracting to meet state contract and product requirements.

  • Collaborates with internal partners to assess effectiveness of tactical plan in managing costs.

  • May optimize interaction with assigned providers and internal business partners to facilitate relationships and ensure provider needs are met.

  • Ensures resolution of escalated issues related to contract interpretation and parameters.

  • Interprets contractual requirements including federal and state regulations and NCQA.

  • Participates in JOC meetings.

  • Promotes and educate providers on cultural competency.

  • Sets specific, challenging and achievable objectives and action plans.

  • Manages complex, contractual relationships with providers according to prescribed guidelines in support of national and regional network strategies.

  • Mentor and coach new/more junior staff to educate and inform on accreditation and regulatory standards as well as policies on credentialing and re-credentialing.

Required Qualifications

  • 10+ years of related healthcare contracting experience, including expert-level negotiation skills and a proven track record of successfully negotiating contracts with large, complex national providers and vendor organizations.

  • 2+ years of people leadership experience, with demonstrated ability to lead, develop, and influence high-performing teams.

  • Strong knowledge of provider financial management, competitive market strategies, complex contracting methodologies, value-based and risk-based arrangements, and applicable regulatory requirements.

  • Demonstrated success identifying and leading initiatives that improve total cost of care, enhance quality outcomes, and drive organizational performance.

  • Extensive experience within a health plan, payer, or provider system environment, with a deep understanding of healthcare delivery and reimbursement models.


Preferred Qualifications

  • Experience with Medicaid regulatory requirements, including demonstrated knowledge of compliance standards and state-specific program guidelines.

  • Strong background in Medicaid provider contracting and implementation, including contract development, negotiations, and network setup activities.

  • Excellent communication, critical thinking, problem-solving, and interpersonal skills, with the ability to collaborate effectively across cross-functional teams and stakeholders.

  • Hands-on experience configuring and maintaining provider and vendor contracts within core Aetna Medicaid systems, including QNXT.

  • Direct experience working with providers in Oklahoma, with an understanding of the state's Medicaid market and provider landscape.

  • Working knowledge of value-based care and alternative payment arrangements, including value-based contracting principles and performance-based reimbursement models.


Education:

  • Bachelor's Degree required or a combination of professional work experience and education.

Pay Range

The typical pay range for this role is:

$100,000.00 - $231,540.00


This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This fulltime position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial wellbeing of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.


Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 08/29/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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