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Head Of Model Risk Management Jobs in Decatur, TX

Fractal Education Group LLC

Head of School

Southlake, TX · On-site

$60K - $80K/yr

... model co-developed with leaders in garden-based education. These schools are designed to grow ... The Head of School directly manages the Program Coordinator and Department Heads and partners ...

North Star Academy

Head of School

Lantana, TX · On-site

$60K - $70K/yr

The Head of School directly manages the Program Coordinator and Department Heads and partners ... model Bring Fractal Nature Learning principles to life on campus Champion the school's identity ...

KrateoSky

Head of Safety and Airworthiness

Denton, TX · On-site

$132 - $198/hr

Own KrateoSky's Safety Management System (SMS), including safety policy, risk management, safety ... model. Required Qualifications * 8+ years of experience in aviation safety, airworthiness ...

Aquent

Vendor Risk Manager

Westlake, TX · On-site

$36.78 - $40.87/hr

This organization is dedicated to maintaining the highest standards of compliance and risk management, fostering a secure and efficient environment for all stakeholders. Your expertise will be ...

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All JobsHead Of Model Risk Management JobsHead Of Model Risk Management Jobs in Decatur, TX

Head Of Model Risk Management information

See Decatur, TX salary details

$48.3K

$128K

$232.4K

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

As of Aug 9, 2026, the average yearly pay for head of model risk management in Decatur, TX is $127,997.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,300.00 and $149,700.00 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?

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 cities near Decatur, TX are hiring for Head Of Model Risk Management jobs? Cities near Decatur, TX with the most Head Of Model Risk Management job openings:
Head Of Model Risk Management jobs near you

Manager, ALM, Market Risk Modeling

Charles Schwab Inc.

Westlake, TX • On-site

$100K - $150K/yr

Full-time

Posted 17 days ago

Job description

Your Opportunity
At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.
The Asset Liability Management (ALM) & Market Risk Modeling team within the Corporate Treasury develops and maintains models used for financial planning and market risk management across Schwab's approximately $500 billion balance sheet, as well as more than $70 billion of off-balance-sheet notional investments and more than $130 billion notional of derivatives.
As an individual contributor, you will play a key role in balance sheet strategy and interest rate risk management. You will help optimize the balance sheet and net interest margin profile by developing, enhancing, and operating a robust ALM modeling framework in close partnership with investment portfolio managers, risk partners, and product leaders across the firm.
In this role, you will support the team's ownership of key models, including the ALM model and the Economic Value of Equity (EVE) sensitivity model. Your responsibilities will span the full model lifecycle-development, enhancement, implementation, testing, sensitivity analysis, performance monitoring, backtesting, benchmarking, documentation, and issue remediation-as well as production of business-as-usual (BAU) net interest income (NII) forecast and interest rate risk measurements. The modeling work may involve all aspects from investment allocation to liquidity planning, to capital management, to interest rate risk hedging and hedge accounting. You will also contribute to the team's automation framework to streamline our production workflow.
What you have
Required Qualifications
  • Bachelor's degree in a quantitative field (e.g., Applied Mathematics, Engineering, Finance, Economics, Statistics, or a related discipline)
  • Three years of relevant professional experience (or a combination of professional experience and graduate studies) in ALM, treasury, fixed income, market risk, or quantitative analytics
  • Strong quantitative skills in financial modeling and analytics, particularly related to fixed income products (e.g., mortgage-backed securities)
  • Hands-on experience with ALM and/or interest rate risk concepts (e.g., NII and EVE sensitivities, hedging strategies, fund transfer pricing, etc.)
  • Experience in building automation workflows and data pipelines with Python/ SQL/etc. in a highly regulated environment
  • Strong written and oral communication skills
  • Highly motivated self-starter
  • Comfort working in ambiguity ("white space") with the ability to independently identify opportunities and create innovative solutions that support balance sheet strategy and risk management
Preferred Qualifications
  • An advanced degree is preferred.
  • CFA, FRM, etc. designations are a plus.
  • Strong knowledge of and hands-on experience in the PolyPaths system (AppPort/BatchCal/ALM/Enterprise) or QRM is highly preferred.
  • Direct experience in dynamic balance sheet simulation or forecasting
  • Direct experience in modeling derivatives and associated hedge accounting
  • Direct experience with liquidity and capital management or how they are implemented in financial planning forecast

What you'll do:
  • Perform front-office modeling, analytics, and optimization with a focus on interest rate risk management and expert knowledge of fixed-income, derivatives, and balance sheet modeling.
  • Develop and enhance the ALM model that supports BAU NII forecast and NII sensitivity measurement, the EVE sensitivity model, and key underlying modeling assumptions.
  • Support production processes for financial planning, net interest income forecasting, and market risk measurement.
  • Contribute to initiatives to enhance, streamline, and automate balance sheet modeling, sensitivity analysis, and backtesting.
  • Partner with Model Risk Oversight to maintain model documentation, support validations, and comply with model risk management standards.
  • Collaborate with key partners to deliver balance sheet analytics that inform investment, liquidity, and capital strategies as well as risk management.
  • Leverage industry research and remain current on peer practices, vendor capabilities, and regulatory/industry trends relevant to ALM and market risk.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

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