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

Head of Cyber Security

Houston, TX · On-site

$106K - $143K/yr

Position Overview The Head of Cyber Security will own AppJaxx's overall security strategy and ... systems, and risk management frameworks to protect company data, client information, and ...

Audit Project Manager - Model Risk

Irving, TX · On-site

$99K - $131K/yr

The Model Risk APM is primarily responsible for completing audit engagements with minimal ... for areas of higher risk. * Performing other duties as requested by management. Basic ...

The Opportunity As a dedicated Model Validator (Mid-Level) , you will execute model risk validation oversight for the life-cycle management of models which includes conducing model validation ...

The Opportunity As a dedicated Model Validator (Mid-Level) , you will execute model risk validation oversight for the life-cycle management of models which includes conducing model validation ...

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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 Jun 16, 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:
Wealth Management-Richardson-Vice President-Security Engineering

Wealth Management-Richardson-Vice President-Security Engineering

Goldman Sachs

Richardson, TX • Hybrid

Other

Posted 19 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

29th of 141 rated banks


Job description

Head Of Technology Risk For Wealth Management

The Head Of Technology Risk For Wealth Management is a critical senior leadership position responsible for defining, implementing, and overseeing the comprehensive information security and cybersecurity risk posture specifically within the Wealth Management business. This role is pivotal in balancing commercial objectives with robust security controls, ensuring the division's resilience against an evolving threat landscape, and protecting client assets and highly sensitive personal data.

This leader will directly manage and provide strategic direction to teams responsible for Governance, Risk & Compliance (GRC), Application Security & Advisory, and Product Security functions within Wealth Management. Crucially, this role also involves the oversight and guidance of embedded Technology Risk Officers who are assigned to various Wealth Management business verticals. The objective is to foster a unified and proactive approach to risk management, ensuring stringent regulatory compliance, and enabling secure technological innovation across all Wealth Management initiatives.

Key Responsibilities

  • Strategic Leadership & Governance:
    • Define and execute the multi-year Technology Risk roadmap for the Wealth Management division, ensuring alignment with firm-wide standards, industry best practices, and frameworks such as the NIST Cybersecurity Framework.
    • Lead the divisional Risk and Control Self-Assessment (RCSA) process and oversee regular control assessments to identify, evaluate, and mitigate technology risks specific to Wealth Management.
    • Act as the primary liaison for internal and external audits, regulatory examinations (e.g., SEC, FINRA, GDPR, CCPA, GLBA, state-specific privacy laws), and client due diligence requests, ensuring all commitments are met.
    • Provide executive-level reporting on risk trends, key risk indicators, and the overall technology risk profile to Wealth Management leadership, the AWM Operating Committee, and Firmwide Technology Risk leadership.
    • Oversee and guide a team of embedded Technology Risk Officers supporting specific Wealth Management business verticals, ensuring consistent application of risk management principles, policies, and controls.
  • Technical Risk Advisory & Architecture:
    • Oversee the "Security Single Point of Contact" (SPOC) model for key Wealth Management initiatives, including new product launches, strategic projects, and M&A due diligence, ensuring security is integrated from inception.
    • Ensure that secure design principles, threat modeling, and OWASP Top 10 mitigations are systematically integrated into the architecture and development lifecycle of all Wealth Management applications and platforms.
    • Drive the adoption of advanced security patterns for cloud-native deployments (AWS preferred) and hybrid infrastructures, optimizing security posture while enabling business agility within Wealth Management.
  • Product Security & SDLC Integration:
    • Champion the "Shift Left" philosophy by embedding automated security controls and practices within the Software Development Life Cycle (SDLC) using Agile methodologies across Wealth Management engineering teams.
    • Supervise the execution of comprehensive threat modeling, manual code reviews, penetration testing, and vulnerability assessments across the entire Wealth Management application portfolio.
    • Collaborate closely with Engineering and DevOps teams to enhance the firm's security posture through the implementation of automated CI/CD security gates and secure development practices.
  • Client Due Diligence & Revenue Protection:
    • Oversee the client-facing security due diligence function for Wealth Management, supporting high-value prospect requests and existing client audits to protect and enable revenue streams. This includes addressing concerns related to privacy and data protection for individual clients.
    • Represent the firm's security maturity, technical resilience, and robust control environment to external individual and institutional clients, partners, and advisors in the Wealth Management sector.
  • Innovation & Scaling:
    • Drive the integration of Artificial Intelligence (AI) and Machine Learning (ML) to automate risk detection, enhance threat intelligence, and scale security operations efficiently.
    • Research and evaluate emerging trends in fintech security, cryptography, and regulatory landscapes to advise portfolio companies and internal stakeholders on proactive risk mitigation strategies, particularly concerning client data privacy.

Skills and Experience Required

  • Experience: 12+ years of progressive experience in Technology Risk, Information Security, or Application Development, with at least 5 years in a senior leadership or "Head of" capacity within the Financial Services industry, specifically with exposure to Wealth Management.
  • Technical Depth: Deep understanding of core cryptography concepts (Encryption, Hashing, HMAC, digital signatures), cloud security principles (AWS preferred), and web stack technologies (e.g., HTTP, HTML5, AJAX, REST, OAuth, SAML, OIDC).
  • Regulatory & Risk Expertise: Expert knowledge of global financial regulations (e.g., SEC, FINRA, GDPR, CCPA, GLBA, state-specific privacy laws) and proven experience applying risk management methodologies such as FAIR (Factor Analysis of Information Risk) or similar frameworks.
  • Leadership & Management: Proven ability to build, mentor, and lead high-performing global teams of security professionals. Demonstrated success in building coalitions and influencing diverse engineering, business, and executive stakeholders.
  • Program Management: Strong program and project management skills with a track record of driving complex security initiatives to successful completion within committed timelines.
  • Communication: Exceptional written and oral communication skills, with the ability to articulate complex technical risks and solutions clearly to both technical and executive audiences.
  • Risk Assessment: Expertise in performing risk assessments, identifying gaps in compliance with information security policies, and recommending effective mitigation strategies.
  • Acquisition Experience: Experience with acquisition due diligence and integration from a technology risk perspective.
  • Security Standards: Familiarity with leading security standards and frameworks such as NIST, OWASP, SANS Top 20, PCI DSS, and CIS Controls.

Preferred Qualifications

  • BS or MS degree in Computer Science, Cyber Security, Information Security, or a related technical field.
  • Relevant industry certifications such as CISSP, CISM, CRISC, CISA, or cloud-specific security certifications (e.g., AWS Certified Security – Specialty).
  • Experience with leveraging AI/ML to solve security problems and scale operations.
  • Knowledge of secure coding languages (e.g., Python, Java, Go)

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Job Info
  • Job Identification 164039
  • Job Category Vice President
  • Posting Date 02/27/2026, 10:11 PM
  • Locations Richardson, TX, United States

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869