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Head Of Model Risk Management Jobs in Orem, UT (NOW HIRING)

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 ...

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 ...

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

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 ...

Strong knowledge of Regulatory requirements for Model Risk Management with proven track records of delivering Regulatory requirements. * 5+ years of proven experience in Model Risk Management in ...

AVP, Model Validation

Draper, UT · On-site

$100K - $170K/yr

Strong knowledge of Regulatory requirements for Model Risk Management with proven track records of delivering Regulatory requirements. * 5+ years of proven experience in Model Risk Management in ...

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Lead the Crew That Keeps the Mountain Running Head of Maintenance -- Ptarmigan Property Services Ptarmigan Property Services is a Park City-based HOA and property management company built on ...

Keysy is looking for a strategic Head of Engineering to build and lead a world-class software ... Recruit, train, and manage engineering team * Help shape the strategic direction of the company

Head of Commercial Finance

Lehi, UT · On-site

$120 - $150/hr

... 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 ...

... 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 ...

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Head Of Model Risk Management information

See Orem, UT salary details

$46.9K

$124.5K

$226K

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 Orem, UT is $124,480.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,700.00 and $145,600.00 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 are popular job titles related to Head Of Model Risk Management jobs in Orem, UT? For Head Of Model Risk Management jobs in Orem, UT, the most frequently searched job titles are:
What job categories do people searching Head Of Model Risk Management jobs in Orem, UT look for? The top searched job categories for Head Of Model Risk Management jobs in Orem, UT are:

Risk Analyst

Western AgCredit

South Jordan, UT • On-site

$57K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 5 days ago


Job description

POSITION: Risk AnalystLOCATION: South Jordan or Spanish Fork, UtahGRADE: 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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