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

Conduct risk analysis and modeling to inform corporate business planning and management decision making. * Contribute to the development, implementation, and/or maintenance of appropriate reporting ...

Risk Analyst

South Jordan, UT · On-site

$57K - $85K/yr

Conduct risk analysis and modeling to inform corporate business planning and management decision making. * Contribute to the development, implementation, and/or maintenance of appropriate reporting ...

Risk Analyst

Spanish Fork, UT · On-site

$57K - $85K/yr

Conduct risk analysis and modeling to inform corporate business planning and management decision making. * Contribute to the development, implementation, and/or maintenance of appropriate reporting ...

Conduct risk analysis and modeling to inform corporate business planning and management decision making. * Contribute to the development, implementation, and/or maintenance of appropriate reporting ...

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

... management, logistics and fulfillment, pricing, forecasting and customer service. Hundreds of ... We place employee experience at the center of our business model and have been recognized as one of ...

Risk Management SpecialistAbout Helpside: For more than 30 years, we have collaborated with and ... Administration of and processing of payments on clients' workers' compensation policies * Providing ...

Risk Management Specialist About Helpside: For more than 30 years, we have collaborated with and ... Administration of and processing of payments on clients' workers' compensation policies * Providing ...

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Head Of Model Risk Management information

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 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:
Infographic showing various Head Of Model Risk Management job openings in Utah as of June 2026, with employment types broken down into 80% Full Time, and 20% Part Time. Highlights an 100% In-person job distribution.
Director of Model Validation

Director of Model Validation

First Electronic Bank

Salt Lake City, UT • On-site

$16.75 - $23/hr

Full-time

Posted yesterday


Job description

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.


We’re looking for a Director of Model Validation to lead the Model Risk Management (MRM) function and ensure the integrity and performance of the models that power our lending products with our Strategic Partners. In this role, you’ll lead the department and set the directive for the Bank to oversee the validation of models and strategies used to underwrite products like small business loans, credit cards, and personal unsecured installment loans and lines of credit.


Reporting to the Head of Credit Risk and Portfolio Analytics, you’ll set the strategic direction for model governance and validation across our FinTech partnerships—covering products like small business loans, credit cards, and personal installment loans.

This is a high-impact leadership role where you’ll shape policy, manage a talented team, and collaborate with internal and external stakeholders to ensure regulatory compliance and model excellence.


What You’ll Do:

  • Own and manage the Bank Strategic Partner Model Risk Management function, including Model Governance policies and procedures.
  • Continuously enhance processes and controls to ensure compliance with regulatory requirements.
  • Mentor, develop and lead a team of Model Validation Analysts and Managers responsible for validation credit risk, fraud detection, and behavioral credit models across our Fintech partnerships.
  • Oversee and maintain the internal model inventory for the Strategic Partner products.
  • Lead and improve loan portfolio performance monitoring processes using data feeds and visualization tools such as PowerBI.
  • Collaborate with external data science and modeling teams, providing guidance on model development and ensuring thorough documentation and adherence to Model Risk Management standards.
  • Partner with Compliance to define and strengthen standards that ensure fair lending practices and regulatory compliance.
  • Support due diligence efforts by assigning model validation subject matter experts to the process.
  • Serve as primary point of contact during regulatory exams (FDIC, UDFI) for model risk management activities.
  • Work with external vendors and legal counsel to validate modeling techniques and align with industry best practices.
  • Participate in Bank Committees and Advisory Groups to provide strategic input on model risk initiatives.
Requirements:

What We’re Looking For:

  • Advanced degree in a quantitative field or equivalent practical experience in data science, statistical modeling, or quantitative analysis.
  • 5+ years of experience in regulated banking or financial services industry.
  • 3+ years of direct people management experience in a quantitative discipline.
  • Strong knowledge of regulatory requirements for model risk management (SR 11-7).
  • Experience participating in, or leading, supervised regulatory exams.
  • Proven experience developing and validating statistical and machine learning models for credit risk.
  • Excellent communication skills, with the ability to translate complex technical concepts into clear, actionable insights for diverse audiences.
  • Experience presenting to executive leadership and supporting strategic committees.
  • Adaptable, collaborative mindset—ready to thrive in a fast-paced growing organization.
  • Proficiency in programming languages such as Python, R, SAS, or SQL a plus.