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

Western AgCredit

Risk Analyst

South Jordan, UT

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 for ...

Western AgCredit

Risk Analyst

South Jordan, UT · On-site

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

Western AgCredit

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 ...

FLSmidth, Inc.

Head of Thickening

Salt Lake City, UT · On-site

While supported by a team of product managers, application engineers, and technical experts, the ... Identify and develop new revenue streams, market opportunities, and business models that enhance ...

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 ...

UHS

Director, Risk Management

Orem, UT · On-site

The DIRECTOR OF RISK MANAGEMENT will be part of an extraordinary team and be committed to making a difference in the lives of those in need. Position Details: * Full-Time, salaried exempt, Monday ...

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Head Of Model Risk Management information

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 the key skills and qualifications needed to thrive as a head of model risk management?

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 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 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:

Head Of Model Risk Management jobs near you
Infographic showing various Head Of Model Risk Management job openings in Utah as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 20% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution.

Risk Analyst

Western AgCredit

South Jordan, UT

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 25 days ago

Job description

POSITION: Risk Analyst
LOCATION: South Jordan or Spanish Fork, Utah
GRADE: 11 (salary range 57,283-85,681) depending on education and experience.

RESPONSIBILITY:
Comprehensive benefits package provided (including medical, dental, vision, life insurance, defined contribution
retirement program, and potential for incentive compensation). The Risk Analyst reports to the VP-Risk Manager and is primarily
responsible for supporting risk-related functions within the Association, including but not limited to the following:


  • Assist with developing appropriate risk management policies, plans, and procedures to achieve Association risk management
    objectives.
  • 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 for the risk management
    function.
  • Assist in developing and maintaining a strong internal control environment to protect corporate assets.
    Assist with insurance, purchasing, and investment activities related to Association-owned assets.
  • Aid in formulating risk appetite statements and recommend policy to support such.
  • Assist with formulating policies and procedures to determine hold limits for various segments of the loan portfolio, IRR
    requirements for capital markets and/or participation purchases, and pricing guidelines for various lending programs.
  • Assist with administering and maintaining a robust Enterprise Risk Management (ERM) program.
  • Review compliance with Association Policies and FCA Regulations within areas of responsibility.
  • Assist with administering and maintaining a robust stress testing program on various business segments and the entirety of
    the loan portfolio.
  • Assist in developing, maintaining, and executing (when required) the Association Incident Response Plan.
  • Assist with implementing, administering, and maintaining a robust Vendor Risk Management program, including vendor due
    diligence, risk assessments, ongoing monitoring, documentation, and reporting.
  • Assist with implementing, administering, and maintaining Model Risk Management program responsibilities, including model
    inventory maintenance, risk assessments, validation coordination, documentation, monitoring, and reporting.
  • Other responsibilities as assigned by supervisor.

EDUCATION AND EXPERIENCE:

Bachelor's degree in finance/accounting or business-related field.
Equivalent experience required for bachelor's degree in another field of study.
Knowledge and experience in the areas of Enterprise Risk Management and/or Stress Testing and/or Vendor Risk Management and/or Model
Risk Management preferred.
Knowledge and experience in all aspects of the audit function and planning preferred.
Knowledge and understanding of Farm Credit regulations and production agriculture preferred.
Strong computer skills required, with knowledge and experience with risk management software and/or platforms preferred.
Strong communication and collaboration skills required. Must be able to work cooperatively with individuals across all functional
areas of the business.
Sound understanding of organizing, planning, critical thinking, analysis, presentation, documentation, and decision making.
Some understanding of accounting practices, financial reporting, fiscal management, and internal controls strongly preferred.
Working knowledge of the sound extension of credit and credit administration preferred.
Strong skills in verbal and written communication, and use of Microsoft Office suite of software products (including Word, Excel,
PowerPoint, and Outlook) required. Perform daily responsibilities with accuracy, professionalism, and attention to detail.

GENERAL DATA: FINAL FILING DATE:
For over 100 years, the Association has been providing agricultural lending services to commercial and mortgage borrowers in Utah and
portions of Wyoming, Nevada, and Arizona.
Applications will be accepted until the position is filled

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