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

Atlantic Group

Head of Credit Risk

Salt Lake City, UT · On-site

$175K/yr

Define, manage, and monitor credit risk appetite across derivatives, loans, funding, and deposits ... Qualifications for the Head of Credit Risk: * Education: Bachelor's degree in Finance, Business ...

OOCL USA Inc

Corporate Counsel

South Jordan, UT · On-site

... model supports collaboration, mentorship, and faster decision-making. Reports to: Head of R&C (Risk ... Risk Management, Regulatory & Claims, and Legal. Summary of Responsibilities: Legal & Compliance

Campbell Scientific, Inc.

Head of Product Management

Logan, UT · On-site

$200.70K - $210.20K/yr

Head of Product Management Sales amp; Marketing, Environmental Division 1 regular full-time ... Model best-in-class product management practices and represent the company at conferences, working ...

Campbell Scientific, Inc.

Head of Product Management

Logan, UT · On-site

$201K - $210.50K/yr

Head of Product Management Sales & Marketing, Environmental Division 1 regular full-time employee ... Model best-in-class product management practices and represent the company at conferences, working ...

Venbrook

Head of PMO

Woodland Hills, UT

We partner with organizations across the country to deliver insurance, risk management, employee ... model. * Define and enforce enterprise project management standards, methodologies, and governance ...

Salt Lake County

Risk Management Dir

Salt Lake City, UT · On-site

Demonstrates an advanced knowledge of risk management, especially in the public sector. Works closely with civil attorneys in representing the County in claims and any resulting litigation. Work is ...

Salt Lake County

Risk Management Dir

Salt Lake City, UT · On-site

$102.77K - $154.16K/yr

Demonstrates an advanced knowledge of risk management, especially in the public sector. Works closely with civil attorneys in representing the County in claims and any resulting litigation. Work is ...

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$49.2K

$130.4K

$236.7K

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

As of May 28, 2026, the average yearly pay for head of model risk management in Utah is $130,351.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,000.00 and $152,500.00 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 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.

How much does a head of risk make?

A Head of Model Risk Management typically earns between $150,000 and $250,000 annually, depending on the size of the organization, location, and experience. Senior roles may include bonuses and benefits, and strong expertise in risk modeling, regulatory standards, and leadership are often required.

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 popular job titles related to Head Of Model Risk Management jobs in Utah? For Head Of Model Risk Management jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Head Of Model Risk Management jobs in Utah look for? The top searched job categories for Head Of Model Risk Management jobs in Utah are:
What cities in Utah are hiring for Head Of Model Risk Management jobs? Cities in Utah with the most Head Of Model Risk Management job openings:
Head Of Model Risk Management jobs near you
Infographic showing various Head Of Model Risk Management job openings in Utah as of May 2026, with employment types broken down into 80% Full Time, and 20% Part Time. Highlights an 100% In-person job distribution, with an average salary of $130,351 per year, or $62.7 per hour.
Model Validation Analyst

Model Validation Analyst

First Electronic Bank

Salt Lake City, UT • On-site

Full-time

Posted 6 days ago

Job description

Job Type
Full-time
Description
At First Electronic Bank (FEB), we are driven by the purpose to make credit accessible to everyday Americans, and their businesses. Partnering with some of the most innovative FinTech companies in the nation, we offer a wide range of consumer and commercial credit products on a national basis. Offering revolving lines of credit, private-label credit cards, installment financing programs and more, FEB's engages with strategic, collaborative partnerships, promoting services and products to provide the most beneficial consumer and commercial financing solutions.
The Model Validation Analyst plays a critical role in ensuring model integrity, regulatory compliance, and sound risk management practices. This role reports to the Head of Credit Risk and Portfolio Analytics Credit and supports the Bank's strategic partner program by reviewing statistical models used in underwriting and assessing overall model risk across partnerships.
What You'll Do:
  • Review third-party model validation documentation for conceptual soundness and alignment with applicable regulatory guidance.
  • Assess and challenge credit models and underwriting strategies used in loan origination.
  • Maintain a comprehensive inventory of all models used by the Bank, including underwriting, fraud, and marketing models.
  • Evaluate model performance monitoring practices and ensure appropriate tracking of key risk indicators.
  • Partner with Compliance, Legal, and Strategic Partner Management teams to ensure models meet applicable regulatory and internal policy requirements.
  • Prepare reports and present model risk metrics to the Bank's Credit Committee.
  • Monitor and test credit origination strategies to validate accuracy and consistency of credit decisions.
  • Conduct model and credit risk due diligence for prospective fintech partners.
  • Participate in or lead initiatives to enhance model risk management processes and improve overall risk oversight.

Requirements
What We're Looking For:
Education & Experience
  • Master's degree in Statistics, Data Science, Computer Science, Economics, Mathematics, or a related quantitative field;
  • OR Bachelor's degree with 3+ years of relevant experience in model development or validation.
  • Prior experience developing and/or validating credit risk models is required.
  • 3+ years of experience in banking, financial services, or a related industry is preferred.

Technical Skills
  • Strong understanding of statistical modeling techniques, including regression and classification models.
  • Ability to evaluate model structure, assumptions, and validation methodologies.
  • Familiarity with machine learning models and their application in credit decisioning.
  • Proficiency in one or more programming languages/tools, such as SQL, Python, R, or SAS.
  • Working knowledge of credit policies and underwriting frameworks.
  • Familiarity with CECL models is a strong plus.

Professional Skills
  • Ability to work effectively across cross-functional teams, including Compliance, Audit, and Model Risk Management.
  • Strong analytical and critical thinking skills with attention to detail.
  • Effective written and verbal communication skills, including the ability to present technical concepts to non-technical audiences.
  • Strong organizational and prioritization skills in a fast-paced environment.

Additional Information
  • Experience working with regulatory, audit, or model risk management frameworks is a plus.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook) required.

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