ZipRecruiter

Log In

1

Director Model Risk Governance Jobs in Phoenix, AZ

Dlapiper

Director, Engineering

Phoenix, AZ

Summary The Director, Engineering is responsible for leading the design, development, delivery ... Ensure compliance with firm security, risk, governance, privacy, and data protection standards ...

previous page

Showing results 41-60

All JobsModel Risk Governance JobsDirector Model Risk Governance JobsDirector Model Risk Governance Jobs in Phoenix, AZ

Director Model Risk Governance information

See Phoenix, AZ salary details

$53.6K

$142.2K

$258.2K

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

As of Aug 16, 2026, the average yearly pay for director model risk governance in Phoenix, AZ is $142,169.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,800.00 and $166,300.00 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 are the most commonly searched types of Model Risk Governance jobs in Phoenix, AZ?

The most popular types of Model Risk Governance jobs in Phoenix, AZ are:

What are popular job titles related to Director Model Risk Governance jobs in Phoenix, AZ?

For Director Model Risk Governance jobs in Phoenix, AZ, the most frequently searched job titles are:

What job categories do people searching Director Model Risk Governance jobs in Phoenix, AZ look for?

The top searched job categories for Director Model Risk Governance jobs in Phoenix, AZ are:

Director Model Risk Governance jobs near you
Infographic showing various Director Model Risk Governance job openings in Phoenix, AZ as of August 2026, with employment types broken down into 100% Full Time. Highlights an 33% In-person, and 67% Remote job distribution, with an average salary of $142,169 per year, or $68.4 per hour.

Principal Engineer I, Cyber - IT Security Governance

Western Alliance Bancorporation

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Re-posted 16 days ago

Job description

Job Title:
Principal Engineer I, Cyber - IT Security Governance
Location:
CityScape
What you'll do:
As a Principal IT Security Governance Engineer, you will serve as a senior individual contributor responsible for leading and advancing the organization's cybersecurity governance, risk management, and maturity initiatives. This role combines deep expertise in cyber risk, control design, CRI Profile maturity, and policy management with a strong understanding of modern engineering practices, data, automation, and AI-driven capabilities.
You will drive complex, cross-functional initiatives that embed secure, compliant, and scalable practices into technology, data, and AI solutions, ensuring alignment with enterprise risk management objectives and regulatory expectations. This includes designing and implementing governance frameworks, control structures, and engineering-enabled solutions that enhance the effectiveness, consistency, and automation of risk assessments, RCSAs, and control monitoring.
In this role, you will act as both a governance and technical authority, partnering closely with engineering, data, and risk teams to translate evolving technologies into defensible, regulator-ready processes, controls, and documentation. You will leverage data, automation, and AI to improve visibility into risk posture, drive operational efficiency, and enable sustained improvements in cybersecurity maturity and program scalability.
  • Own and lead cybersecurity governance initiatives spanning risk identification, control design, policy management, and maturity improvement.
  • Serve as a subject-matter expert for cyber risk management, providing guidance on control effectiveness, risk treatment, and residual risk decisions.
  • Drive execution of cybersecurity Risk & Control Self-Assessments (RCSAs), ensuring alignment to ERM standards and regulatory expectations.
  • Own and manage CRI Profile assessments, maturity scoring, evidence standards, and remediation tracking. Partner with technology, security, and risk teams to drive improved and sustained maturity gains.
  • Maintain traceability between risks, controls, assessment results, and remediation activities.
  • Lead the development, maintenance, and rationalization of cybersecurity policies, standards, and procedures in alignment with industry best practices (e.g., GLBA, FFIEC, NIST).
  • Design, document, and maintain cyber risk statements, control descriptions, and control narratives suitable for audits and regulatory exams.
  • Support internal audits, regulatory exams, and second line credible challenge through structured responses, evidence packaging, and issue management.
  • Track and report on control performance, risk posture, and remediation progress using defined metrics and governance forums.
  • Manage complex projects requiring coordination across IT, Information Security, ERM, Privacy, and Audit.
  • Act as a trusted advisor to senior leaders on risk posture, maturity trends, and program health.
  • Produce clear, executive-ready artifacts including risk summaries, maturity dashboards, remediation roadmaps, and briefing materials.
  • Develop and maintain automation solutions (e.g., scripting, workflow tools, AI-assisted processes) to improve efficiency of risk assessments, control testing, and evidence collection.
  • Enable data-driven insights and reporting through engineering-oriented solutions (e.g., dashboards, metrics automation, control monitoring).
  • Drive integration of AI and automation into RCSA, CRI assessments, and risk reporting processes to improve scalability, consistency, and accuracy.

What you'll need:
  • 8+ years of related experience in Cybersecurity, Information Security Governance, IT Risk, or Enterprise Risk Management.
  • Bachelor's degree in Information Systems, Computer Science, Cybersecurity, Risk Management, or a related field. Masters or MBA in related field preferred.
  • Advanced to expert experience with:
    • Cyber Risk Management frameworks (NIST CSF, CRI Profile, FFIEC, ISO 27001 principles).
    • RCSAs, risk identification, control design, and residual risk assessment.
    • Policy, standard, and procedure lifecycle management.
    • Regulatory and audit engagement support in a financial services environment.
  • Strong ability to translate complex technical and regulatory concepts into clear, defensible documentation.
  • Proven experience managing cross functional initiatives with competing priorities.
  • Expert speaking and writing communication skills.
  • Demonstrated experience leveraging or governing AI/ML, automation, or advanced analytics within cybersecurity, risk, or compliance domains preferred.
  • Strong understanding of data architectures, data flows, and system integrations, with the ability to assess associated cyber and privacy risks preferred.
  • Familiarity with emerging regulatory expectations related to AI, model risk, and data usage in financial services preferred.
  • Working knowledge of software engineering or scripting practices (e.g., Python, PowerShell, automation workflows) to support scalable governance solutions preferred.
  • Strong analytical mindset with the ability to use data and automation to enhance risk identification, monitoring, and reporting preferred.
  • Relevant industry certifications (e.g., CISA, CRISC, CISSP, CISM, CGEIT, ITIL) preferred.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation

Apply