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Manager Model Risk Management Jobs in Anaheim, CA

Capgroup

AI Risk Specialist

Los Angeles, CA

$106K/yr

Security risk management * AI model and system lifecycle * AI failure modes and risk characteristics * Responsible AI practices. * You are familiar with Agentic AI workflows * You have experience ...

Prime Healthcare

Risk Management Coordinator

Lynwood, CA

$24 - $36.28/hr

Evaluates risk management program(s) through the use of data capture, follow up and trend analysis and presents findings to appropriate committees. Assists with the development and implementation of ...

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All JobsManager Model Risk Management JobsManager Model Risk Management Jobs in Anaheim, CA

Manager Model Risk Management information

See Anaheim, CA salary details

$45.5K

$108.6K

$175.4K

How much do manager model risk management jobs pay per year?

As of Jun 26, 2026, the average yearly pay for manager model risk management in Anaheim, CA is $108,568.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,900.00 and $138,200.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.

What does a model risk manager do?

A model risk manager oversees the identification, assessment, and mitigation of risks associated with financial and operational models used within an organization. They ensure models are accurate, compliant with regulations, and perform as intended, often working with validation teams and utilizing tools like statistical software. Their role helps prevent financial loss and supports sound decision-making.

What is the difference between Manager Model Risk Management vs Model Risk Analyst?

AspectManager Model Risk ManagementModel Risk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFAOften requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications
Work EnvironmentLeads teams, manages risk frameworks, and interacts with senior managementPerforms detailed risk analysis, supports model validation, and reports findings
Employer & Industry UsageCommon in banking, asset management, and financial institutionsFound in similar environments, often as a supporting role to managers

The Manager Model Risk Management oversees the entire model risk framework, manages teams, and interacts with senior stakeholders. In contrast, the Model Risk Analyst focuses on detailed analysis, validation, and reporting of models. Both roles require similar credentials but differ in scope and responsibilities.

Is model risk management a good career?

Model risk management is a specialized field within financial and banking sectors that involves identifying, assessing, and mitigating risks associated with financial models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.

What is the salary of model risk management in Deloitte?

The salary for a Manager in Model Risk Management at Deloitte typically ranges from $110,000 to $150,000 annually, depending on experience, location, and performance. Additional benefits may include bonuses, health insurance, and professional development opportunities.
What are popular job titles related to Manager Model Risk Management jobs in Anaheim, CA? For Manager Model Risk Management jobs in Anaheim, CA, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Anaheim, CA look for? The top searched job categories for Manager Model Risk Management jobs in Anaheim, CA are:
What cities near Anaheim, CA are hiring for Manager Model Risk Management jobs? Cities near Anaheim, CA with the most Manager Model Risk Management job openings:
Manager Model Risk Management jobs near you
VP, Operational Risk Business Partner - Risk Management

VP, Operational Risk Business Partner - Risk Management

Cathay Bank

El Monte, CA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

This job post has expired today. Applications are no longer accepted.

Job description

People Drive Our Success
Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities.
Apply today!
What our team members are saying:
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Learn more about us at cathaybank.com
GENERAL SUMMARY
The Operational Risk Business Partner (ORBP) is part of our Second Line of Defense (2LOD) Operational Risk Management (ORM) function. ORBP will serve as a pivotal partner to front-line risk managers and business units in designing, executing, and maturing the bank's Risk and Control Self-Assessment (RCSA) program. ORBP will provide expert challenge, guidance, and subject-matter expertise to ensure robust risk identification, assessment, monitoring, and reporting. ORBP will collaborate with second-line SMEs to translate risk insights into actionable improvements, contribute to the development of key risk indicators (KRIs), and drive risk culture and training across divisions. This is an individual contributor role focused on delivering results through advice, governance, and expert guidance rather than direct team management.
ESSENTIAL FUNCTIONS
  • Lead and coordinate the annual end to end and ongoing RCSA process with front-line risk managers across business units.
  • Provide independent oversight of operational risk management activities performed by the First Line of Defense.
  • Provide strong, constructive challenge to ensure comprehensive risk and control identification, assessment, and documentation. Validate risk ratings, control effectiveness, residual risk levels, and action plans; ensure consistency with policy standards and escalation thresholds. Review and approve risk and control narratives, risk taxonomy alignment, and control owner accountability.
  • Act as a trusted advisor to business unit risk champions and process owners, offering expert guidance on risk controls, control design, and risk acceptance criteria. Facilitate risk workshops, interviews, and scenario analysis to surface emerging risks and ensure timely remediation. Facilitate constructive dialogue between 1LOD and risk governance functions.
  • Lead the development, validation, and enhancement of the bank's Key Risk Indicators (KRIs) in partnership with owners and SMEs. Monitor KRI performance, perform trend analysis, and recommend risk-reduction actions or escalation when indicators breach thresholds. Integrate KRI results into governance forums and reporting to senior management and risk committees.
  • Design and deliver risk training programs, workshops, and communications to enhance risk awareness and control practices across divisions. Develop practical guidance, playbooks, and toolkits to standardize risk assessment methodologies and control testing approaches.
  • Collaborate with second-line SMEs (e.g., IT, cyber, information security, business continuity, model risk, compliance) to incorporate their assessments into the RCSA and KRIs. Translate SME findings into actionable risk actions, monitoring plans, and escalation paths.
  • Support the development and maintenance of risk libraries, control dictionaries, and standard risk assessment criteria.
  • Prepare and present risk and control status, themes, and remediation progress to risk committees, governance forums, and senior leadership.
  • Maintain issue and remediation tracking, ensuring timely closure and evidence of control improvements by conducting validation of all remediation plans by 1LOD.
  • Contribute to policy interpretation, standards, and procedures related to operational risk and RCSA practices.
  • Maintain high-quality RCSA documentation, control catalogs, and risk registers in the risk management systems.
  • Support New Product and services launch risk assessments.
  • Perform data-driven analyses to identify patterns, gaps, and opportunities for risk reduction.
  • Identify opportunities to enhance RCSA efficiency, consistency, and effectiveness through process improvements, automation, and technology solutions.
  • Participate in GRC system enhancement projects and user acceptance testing for risks systems.
  • Promote a strong risk culture by driving accountability, constructive challenge, and timely escalation of issues.
  • Stay current on regulatory expectations, industry.

QUALIFICATIONS
Education:
  • Bachelor's degree in Finance, Risk Management, Business Administration, or related discipline (Master's preferred)

Experience:
  • Minimum 5-7 years of experience in operational risk, RCSA, incident and issue management, internal controls, or audit within financial services or a similarly regulated industry.
  • Demonstrated ability to challenge front-line risk managers and influence risk-based decision making without direct line authority.
  • Prior experience as a second-line risk professional or risk partner with cross-functional collaboration across IT, cyber, information security, business continuity, compliance, and operations.
  • Deep understanding of first line processes and risk/control activities.

Skills/Ability:
  • Understanding of operational risk management principles, frameworks, and methodologies within the financial services industry. This includes knowledge of regulatory requirements (such as Basel III) and industry's best practices.
  • Knowledge of operational risk frameworks (e.g., Basel, ORMF), internal control standards, and incident management tools.
  • Strong analytical and problem-solving skills; ability to interpret data and identify trends.
  • Strong analytical thinking and attention to detail.
  • Excellent communication and stakeholder management abilities.
  • Ability to synthetize complex information into clear, actionable insights.
  • Attention to detail and a proactive mindset, ability to work under tight deadlines.
  • Collaborative mindset with a proactive attitude towards problem-solving.

OTHER DETAILS
$110K - $133K / year
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
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Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

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