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Head Of Model Risk Management Jobs in Texas (NOW HIRING)

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department ... Monitor the end-to-end issues management lifecycle of findings resulting from model validations ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department ... Monitor the end-to-end issues management lifecycle of findings resulting from model validations ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department ... Monitor the end-to-end issues management lifecycle of findings resulting from model validations ...

Knowledge of statistical modeling techniques, econometrics, time-series analysis, and risk management principles * Functional knowledge in meeting regulatory expectations and standards in all phases ...

Risk Management Strategy and Oversight * Lead the development and execution of the risk management ... Advanced Risk Modeling * Utilize sophisticated quantitative techniques to model market and credit ...

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Head Of Model Risk Management information

See Texas salary details

$50.3K

$133.4K

$242.2K

How much do head of model risk management jobs pay per year?

As of Jul 13, 2026, the average yearly pay for head of model risk management in Texas is $133,399.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,300.00 and $156,100.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Head Of Model Risk Management, and why are they important?

To thrive as a Head Of Model Risk Management, you need deep quantitative expertise, advanced knowledge of risk management frameworks, and a strong background in finance or mathematics, often supported by advanced degrees such as a PhD or MSc. Familiarity with statistical software (like Python, R, or SAS), model validation tools, and regulatory compliance systems is typically required. Exceptional leadership, communication, and critical thinking skills are essential for effectively managing teams and presenting complex risk issues to stakeholders. These skills ensure robust oversight of model risk, regulatory compliance, and sound decision-making within financial institutions.

What is the difference between Head Of Model Risk Management vs Model Validation Manager?

AspectHead Of Model Risk ManagementModel Validation Manager
Primary FocusOversees overall model risk framework, governance, and strategyConducts independent validation and testing of models
ResponsibilitiesRisk oversight, policy development, senior stakeholder communicationModel testing, performance assessment, validation reports
CredentialsAdvanced degrees, certifications like FRM, CFA, or CAMS, experience in risk managementQuantitative background, certifications like CFA, FRM, strong modeling expertise
Work EnvironmentStrategic, leadership role within risk management teamsTechnical, analytical role focused on model validation tasks

The Head Of Model Risk Management oversees the entire model risk framework, focusing on strategy and governance, while the Model Validation Manager specializes in testing and validating individual models. Both roles require strong quantitative skills and relevant certifications, but differ in scope and responsibilities.

What are the main challenges faced by a Head of Model Risk Management in maintaining regulatory compliance?

A Head of Model Risk Management often faces the challenge of keeping up with evolving regulatory expectations and ensuring that all models used within the organization are compliant. This involves constantly monitoring regulatory updates, coordinating with various departments to implement necessary changes, and maintaining detailed documentation for audit purposes. Additionally, the role requires balancing the need for innovation in modeling techniques with the necessity of robust risk controls and transparent validation processes. Regular communication with risk, compliance, and audit teams is essential to address these challenges effectively.

What does a Head of Model Risk Management do?

A Head of Model Risk Management oversees the processes and teams responsible for identifying, assessing, and mitigating risks associated with financial and predictive models used within an organization. This role involves establishing and maintaining model risk frameworks, ensuring regulatory compliance, and leading model validation activities. They also coordinate with other departments to ensure the effective management and governance of all models, providing guidance on best practices and emerging risks. Ultimately, their goal is to minimize model-related losses and support sound decision-making across the business.
What are popular job titles related to Head Of Model Risk Management jobs in Texas? For Head Of Model Risk Management jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Head Of Model Risk Management jobs in Texas look for? The top searched job categories for Head Of Model Risk Management jobs in Texas are:
What cities in Texas are hiring for Head Of Model Risk Management jobs? Cities in Texas with the most Head Of Model Risk Management job openings:
Global Financial Crimes, Risk Analytics & Model Governance - AVP

Global Financial Crimes, Risk Analytics & Model Governance - AVP

MUFG Bank, Ltd.

Irving, TX โ€ข On-site

$90K - $110K/yr

Full-time

Medical, Retirement, PTO

Posted 12 days ago


Job description

Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.
Job Summary:
Reporting to the Head of GFCD Model Governance Team, this position has been created for the purpose of establishing GFCD Global Model Governance capabilities for MUFG.
The AVP will support the end-to-end governance of GFCD Global Financial Crime and Compliance (FCC) models/systems. This role is responsible for ensuring models used for AML, sanctions, KYC and broader financial crime risk management are developed, implemented, governed, and maintained in accordance with internal policy and regulatory expectations.
This position plays a key role in supporting to oversee model lifecycle activities, assessing model risk, ensuring documentation and controls are robust, and partnering with model owners, validation, compliance, technology, audit, and senior management to maintain a strong global model governance framework.
Major Responsibilities:
  • In connection with the Global Financial Crimes program -
  • Support the governance and lifecycle management of models/system in scope (e.g., AML TM, sanctions screening, customer risk rating models). Collaborate with regional model owners and model users to embed a Model Governance lens across all models/systems.
  • Ensure compliance with enterprise and local/regional Model Risk Management (MRM) policies, including model inventory governance, tiering, annual reviews, and periodic recertifications.
  • Conduct independent assessments of model design, intended use, limitations, assumptions, and ongoing performance.
  • Update and maintain high-quality model documentation, ensuring completeness, clarity, and adherence to internal standards.
  • Monitor model issues, findings, and remediation plans to ensure timely closure and sustainable controls.
  • Partner with Tuning & Optimization teams to ensure proposed model testing and tuning are methodologically sound and well-supported.
  • Support regulatory exams, internal audits, and remediation projects related to model governance, documentation, and model risk management.

Qualifications:
Experience/Skills
  • 3-5 years of experience in Model Governance, Model Risk Management (MRM), Model Validation, or quantitative roles within AML/BSA, financial crime and compliance.
  • Strong understanding of model lifecycle activities (development, implementation, validation, ongoing monitoring, change management, and retirement).
  • Knowledge of mathematics and statistics, skilled in interpreting and evaluating statistical analysis, including classification accuracy, sampling methodologies, error metrics, and model performance indicators.
  • Ability to code using R/Python/SQL for data analytics is a strong plus.
  • Ability to use Tableau or other data visualization tools.
  • Experience preparing or reviewing high-quality model documentation (methodology documents, monitoring templates, validation packages, model change documentation, etc.).

Education
  • Bachelor's degree in Statistics, Mathematics, Economics, Data Science, Computer Science, Engineering, or other quantitative discipline required.
  • Master's degree or higher is preferred.

The typical base pay range for this role is $90,000 to $110,000 depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary
We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.

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About MUFG

Sourced by ZipRecruiter

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

New York, NY, US

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