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Model Development Jobs in California (NOW HIRING)

Therefore, they will also have to join the performance model development and implement ideas. They will also analyze the performance differences between the hardware design and the performance model.

Senior Model Risk Manager

San Francisco, CA ยท On-site

$203K - $250K/yr

You hold a Master's degree in a quantitative field (Statistics, Economics, Mathematics, Financial Engineering, or similar) with 7+ years of experience in model development, validation, or model risk ...

Thermal Engineering R&D Intern

San Jose, CA ยท On-site

$19.75 - $25.50/hr

Model Development & Prototyping: Research, develop, and test ML models (Regression, Time-Series, Anomaly Detection) using Python frameworks like TensorFlow, PyTorch, or Scikit-learn to improve ...

Thermal Engineering R&D Intern

San Jose, CA ยท On-site

$19.75 - $25.50/hr

Model Development & Prototyping: Research, develop, and test ML models (Regression, Time-Series, Anomaly Detection) using Python frameworks like TensorFlow, PyTorch, or Scikit-learn to improve ...

Keep pace with the latest model developments in academia, regulatory environment, risk technology (vendor and in-house) and financial services industries in order to provide expert guidance to the ...

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Model Development information

What are the key skills and qualifications needed to thrive in Model Development, and why are they important?

To thrive in Model Development, you need a strong background in statistics, mathematics, programming (often in Python or R), and a relevant degree such as in data science, economics, or computer science. Familiarity with machine learning frameworks, statistical modeling tools, and data visualization platforms is typically required, along with certifications like SAS or FRM being advantageous. Strong analytical thinking, attention to detail, and effective communication skills help professionals interpret data, validate models, and explain results to stakeholders. These skills ensure robust, compliant, and actionable models that drive sound business decisions.

What are typical challenges faced by professionals in Model Development roles, and how can they be addressed?

Model Development professionals often face challenges such as managing large and complex datasets, ensuring model accuracy and regulatory compliance, and effectively communicating technical findings to non-technical stakeholders. Addressing these challenges requires strong data management practices, staying updated with the latest industry regulations, and honing communication skills to translate complex results into actionable insights. Collaboration with cross-functional teams, such as data engineers and business analysts, is also key to successful model implementation and ongoing performance monitoring.

What is model development?

Model development is the process of designing, building, testing, and refining mathematical, statistical, or machine learning models to solve specific business or research problems. These models are used to analyze data, make predictions, or automate decision-making. The process typically involves data collection, feature engineering, model selection, training, validation, and ongoing monitoring to ensure accuracy and relevance. Model developers often work in fields like finance, healthcare, and technology, where data-driven insights are crucial.

What is the difference between Model Development vs Data Analysis?

AspectModel DevelopmentData Analysis
Required CredentialsDegree in Data Science, Statistics, or related fields; programming skillsDegree in Statistics, Mathematics, or related fields; analytical skills
Work EnvironmentDeveloping predictive models, coding, testing algorithmsInterpreting data, generating reports, identifying trends
Industry UsageUsed in machine learning, AI, predictive analyticsUsed in business intelligence, reporting, data visualization

Model Development focuses on creating algorithms and predictive models using programming and statistical techniques, often in machine learning contexts. Data Analysis involves examining datasets to extract insights, generate reports, and support decision-making. While both roles require strong analytical skills, Model Development emphasizes building models, whereas Data Analysis centers on interpreting data and communicating findings.

What are popular job titles related to Model Development jobs in California? For Model Development jobs in California, the most frequently searched job titles are:
Infographic showing various Model Development job openings in California as of May 2026, with employment types broken down into 2% As Needed, 67% Full Time, 29% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution.
Principal Modeler - Model Development

Principal Modeler - Model Development

Metropolitan Transportation Commission

San Francisco, CA โ€ข On-site

$152.50K - $193.41K/yr

Full-time

Posted 8 days ago


Job description

Job Description
DEADLINE TO APPLY IS SUNDAY, JUNE 14, 2026, AT 11:55 PM
IF YOU ARE INTERESTED, PLEASE APPLY IMMEDIATELY
A resume is required with your application.
Be ready to rethink your assumptions about the public sector. Dedicated and motivated colleagues? Beautiful, high amenity building for on-site work and collaboration? Flexible schedules and hybrid work options? Yes, yes, and yes!
ABOUT THE SECTION
The Regional Planning Program section at MTC\ABAG is a multidisciplinary team that applies data-driven planning to improve the trajectory of the San Francisco Bay Area. One of our core deliverables is Plan Bay Area, which we update every four years. This long-range plan lays out a set of strategies for how to achieve a region that is affordable, connected, diverse, healthy and vibrant for all. In developing the plan, our team takes on some of the most difficult and important challenges facing the region: how to make living in the region affordable for existing and future residents, how to create a safe and effective transportation system, and how to reduce greenhouse gas emissions. The section consists of four teams: Major Plans, Transportation Planning, Housing and Local Planning, and Forecasting/Modeling and Surveys.
This principal position is within the Forecasting/Modeling and Surveys (FMS) team, which conducts data analysis and develops and applies modeling tools to analyze the impacts of potential strategies for Plan Bay Area. Our team strives to create quality modeling tools that embody our sections goals for planning excellence; we emphasize transparency by creating open-source models, and we value collaboration with other agencies and partners in developing shared resources. The FMS team focuses on the application of economic models, urban development models, and travel models, including developing new features for some of these models as new analysis needs arise. FMS also conducts regular travel diary surveys and transit passenger surveys to inform these tools and other research questions of interest to the agency.
ABOUT THE ROLE
The Principal Modeler in Model Development will lead development of our travel modeling tools to assess our region's future and to evaluate potential strategies and policies to improve quality of life. In this role, the Principal Modeler will manage a consulting team working in travel model development, developing both major and minor features as needed for the travel model and associated tools. This will involve project management as well as hands-on development work. The Principal Modeler will also be involved in developing other modeling and modeling-related tools relevant to long-range planning, including land use forecasting models, population synthesis tools, and others. This role will also involve working with internal and external stakeholders to prioritize feature development and bug fixes for these tools. Finally, this role will include mentoring staff in technical development, representing MTC before a variety of groups, agencies, organizations, elected officials, and the public, requiring the ability to communicate effectively about technical topics with non-technical stakeholders; and performing other job related duties as required.
Responsibilities
The development and release of future versions of MTC's modeling tools, including:
  • Implementing or updating features.
  • Managing a consultant team in model development and network development tools. This includes reviewing pull requests and deliverables; project and budget management; discussing and resolving budget issues with appropriate staff and responsible agencies; negotiating, preparing and administering contracts, proposals, task orders and agreements.
  • Model calibration, validation and documentation.
  • Presenting Model Development progress and features to stakeholders within the agency and with agency partners.

Qualifications
KNOWLEDGE, SKILLS, & ABILITIES
Required
  • Deep knowledge of activity-based travel modeling and network modeling
  • Software development skills in python to implement modeling functionality, as well as to collect, clean, code and analyze data
  • Interpersonal skills and an ability to work in a project and team environment

Desired
  • Experience synthesizing technical information to facilitate good policy and planning decisions
  • Data visualization experience
  • Knowledge of the complexity of the transportation system and land use/transportation issues facing the San Francisco Bay Area

MINIMUM QUALIFICATIONS
Any combination of training and experience that would provide the required knowledge, skills, and abilities listed. A typical way to obtain the required qualifications would be:
Education and Experience: Equivalent to a bachelor's degree from an accredited college or university with major coursework in planning, civil engineering, environmental science, communications, business or public administration, or a related field and seven (7) years of increasingly responsible professional experience in a field related to assigned area of responsibility
PREFERRED QUALIFICATIONS
Education: A Bachelor's degree in an appropriate field related to the area of assignment, such as transportation planning, city and regional planning; transportation engineering or modeling, financial management, economics, business or public administration. A Master's degree is desirable.
Applicants with a degree issued from an institution outside the United States must have their transcripts evaluated by an academic accrediting service and provide proof of equivalency along with their application.
About Us
The Metropolitan Transportation Commission (MTC) is the transportation planning, financing, and coordinating agency for the nine-county San Francisco Bay Area. MTC is the federally designated Metropolitan Planning Organization (MPO) and the state designated Regional Transportation Planning Agency (RTPA) for the nine-county San Francisco Bay Area. MTC provides services to the Association of Bay Area Governments (ABAG). For more information about MTC, visit www.mtc.ca.gov.
EQUAL OPPORTUNITY EMPLOYER
The Metropolitan Transportation Commission is an equal-opportunity, non-discriminatory employer. MTC provides all employees and applicants with an equal opportunity in every aspect of the employment experience regardless of race, color, religion, sex, sexual orientation, gender identity, age, national origin, physical handicap, medical condition or marital status.