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Model Risk Analyst Jobs in Utah (NOW HIRING)

Morgan Stanley

Risk Officer - Vice President

Sandy, UT · On-site

$100 - $120/hr

... analysis of issues, findings and deliverables to ensure they are appropriate. * Partner with ... Vendor Management, Licensing & Registration, Tools/EUCs, Models, and Tools inventories per Firm ...

Tecolote Research

Senior Cost Analyst

UT · On-site

$76K - $97K/yr

Work may include parametric cost estimating, life cycle cost analysis, cost estimating relationships and model development, cost risk analysis, performance measurement (earned value), project ...

Tecolote Research

Senior Cost Engineer Analyst

UT · On-site

$76K - $97K/yr

Work may include parametric cost estimating, life cycle cost analysis, cost estimating relationships and model development, cost risk analysis, performance measurement (earned value), project ...

Bluevine - US

VP, Fraud Risk Management

Salt Lake City, UT · On-site

  • Medical

  • Life

  • Retirement

  • PTO

Hands-on fluency in risk analytics, fraud modeling, and real-time decision systems. * Experience building and scaling high-velocity online risk platforms in fintech or digital banking environments.

ICF

Senior Climate Analytics Specialist

Salt Lake City, UT

$84K - $103K/yr

Translate complex climate risk questions into tractable analytical and modeling frameworks, selecting appropriate statistical, machine learning, and physics-informed approaches * Design, train, and ...

Cardworks

AVP, Third-Party Risk Management

South Jordan, UT · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... model. * Define and Deliver executive, committee, and Board-level reporting that provides clear ... analysis, issue remediation, and management responses. * Drive the TPRM program maturity roadmap ...

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Model Risk Analyst information

See Utah salary details

$14

$36

$59

How much do model risk analyst jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for model risk analyst in Utah is $36.86, according to ZipRecruiter salary data. Most workers in this role earn between $27.12 and $44.86 per hour, depending on experience, location, and employer.

What is a model risk analyst?

A Model Risk Analyst evaluates, validates, and monitors financial models to ensure they function correctly and comply with regulatory standards. They identify potential risks in model assumptions, data quality, and methodologies. Their work helps financial institutions mitigate model-related risks that could lead to inaccurate decision-making. Analysts collaborate with model developers, risk managers, and auditors to improve model performance and documentation. Strong analytical, statistical, and programming skills are essential for this role.

What skills and qualifications are needed to be a model risk analyst?

To thrive as a Model Risk Analyst, you need strong quantitative analysis skills, a background in mathematics, statistics, finance, or a related field, and experience in model validation practices. Familiarity with programming languages such as Python, R, SAS, and tools like Excel, along with knowledge of regulatory requirements such as SR 11-7, is typically essential; certifications like FRM or CFA can be advantageous. Excellent communication, attention to detail, and critical thinking are important soft skills for presenting findings and collaborating with cross-functional teams. Mastery of these skills ensures the integrity and reliability of risk models, supporting sound business decisions and regulatory compliance.

What challenges might a model risk analyst face in their daily work?

Model Risk Analysts often encounter challenges such as ensuring data quality, identifying model limitations, and keeping up with evolving regulatory standards. They must frequently balance the technical rigor needed to validate complex financial models with the need to communicate their findings clearly to stakeholders without a technical background. Additionally, adapting quickly to new modeling methodologies or changing business priorities is common. Overcoming these challenges requires ongoing learning, strong collaboration with model developers, and a proactive approach to risk management.

Do model risk analysts make good money?

Model risk analysts typically earn competitive salaries that vary by industry, experience, and location. Entry-level positions often start around $70,000 annually, with experienced professionals earning over $120,000, especially in financial services and banking sectors. Certifications like CFA or FRM and proficiency in programming tools such as Python or SAS can enhance earning potential.

What does a model risk analyst do?

A model risk analyst evaluates and monitors the risks associated with financial and operational models used by organizations. They review model assumptions, validate model accuracy, and ensure compliance with regulatory standards, often using statistical and analytical tools. Their work helps prevent financial loss and supports decision-making processes.

What are popular job titles related to Model Risk Analyst jobs in Utah?

For Model Risk Analyst jobs in Utah, the most frequently searched job titles are:

What job categories do people searching Model Risk Analyst jobs in Utah look for?

The top searched job categories for Model Risk Analyst jobs in Utah are:

Model Risk Analyst jobs near you
Infographic showing various Model Risk Analyst job openings in Utah as of August 2026, with employment types broken down into 7% Internship, 73% Full Time, 7% Part Time, and 13% Contract. Highlights an 86% In-person, 7% Hybrid, and 7% Remote job distribution, with an average salary of $76,662 per year, or $36.9 per hour.

Internal Audit - Business and Finance Audit | Analyst | Salt Lake City

Goldman Sachs

Salt Lake City, UT

Full-time

Re-posted 2 days ago

Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

47th of 171 rated banks

Job description

Internal Audit assesses the firm's internal control structure, advises management on developing control solutions, and monitors the implementation of these measures. Working in this department means you'll be providing reasonable assurance that financial reporting is reliable, there is compliance with applicable laws and regulations and the firm's operations are effectively controlled.

  • Global Banking & Markets team is responsible for global audits related to Sales and Trading, Equities, Fixed Income Currencies and Commodities, Investment Banking including prime services
  • Asset & Wealth Management team is responsible for global audits related to financial investments and processes in private asset management and private wealth management.
  • Platform Solutions team is responsible for global audits related to consumer banking.
  • Compliance & Legal team is responsible for global audits related to Compliance processes including Financial Crime controls (Anti-Money Laundering, Anti-Bribery, Sanctions).
  • Controllers & Tax team is responsible for global audits related to Controllers and Tax processes including regulatory reporting and tax filings
  • Enterprise Audit team is responsible for global audits related to processes within Human Capital Management, Executive Office, Corporate Planning & Management and Corporate Workplace Solutions.
  • Risk & Capital Planning Audit team is responsible for global audits related to processes within multiple departs as they relate to liquidity, credit and model risk 

BASIC QUALIFICATIONS

  • Bachelor's degree 
  • 0-3 years of prior work experience in a relevant field. 
  • Proficient to advanced skills with MS Office (Excel, PowerPoint, Word, Outlook)
  • Highly organized with exceptional attention to detail and follow-through
  • Strong ability to manage multiple projects with competing deadlines
  • Team player with positive attitude and strong work ethic
  • Strong communication skills (written and verbal)
  • Ability to work in a fast-paced environment 
  • Ability to adapt quickly to a variety of industries and businesses
  • Ability to self-direct, analyze and evaluate and form independent judgments
  • Ability to effectively interact and build relationships with senior management and global stakeholders 
  • Commercially savvy with ability to exercise discretion with respect to highly confidential/sensitive information
  • Integrity, ethical standards and sound judgment

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. 

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. 

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2025. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869

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