1

Model Risk Analyst Jobs in Utah (NOW HIRING)

... modeling techniques such as survival analysis or causal inference * Exposure to modern ML tooling or LLM-assisted workflows Skills & Competencies Core Functional Competencies: * Credit and risk ...

We are looking for a Director of Credit Risk to join our team to train AI models. You will measure ... analysis, financial modeling, data analysis, and other reasoning exercises related to finance ...

next page

Showing results 1-20

Model Risk Analyst information

See Utah salary details

$14

$36

$59

How much do model risk analyst jobs pay per hour?

As of May 28, 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 job?

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 are the key skills and qualifications needed to thrive in the Model Risk Analyst position, and why are they important?

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 are some typical challenges a Model Risk Analyst might 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.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, industry, and location. Model risk analysts, a specialized role, often have salaries in this range but may earn more with advanced certifications or in financial sectors. Entry-level positions usually start lower, while senior roles can exceed $100,000 annually.
Infographic showing various Model Risk Analyst job openings in Utah as of May 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.
Risk Division - Salt Lake City - Associate, Liquidity Risk - 9135001

Risk Division - Salt Lake City - Associate, Liquidity Risk - 9135001

Goldman Sachs, Inc.

Salt Lake City, UT • On-site

Full-time

Posted 29 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

29th of 141 rated banks


Job description

Job Description
Job Duties: Associate, Liquidity Risk with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Work to develop and implement comprehensive liquidity risk governance frameworks. Monitor limit utilization, breach remediation, and escalation workflow. Work closely with engineering teams to model liquidity risks under various stress scenarios; propose, calibrate, and implement appropriate behavioral and quantitative assumptions. Engage directly with the front-line businesses to understand strategy, assess new activities, enforce limits and regulatory requirements, and challenge proposals. Engage periodically with regional regulators to explain the firm's risk posture, clarify rule interpretations, respond to analysis and data requests, and support advocacy discussions. Assess the impact of liquidity regulation on individual transactions, new products, and business proposals as they relate to the firm's secured financing businesses. Utilize various business analysis and presentation software to perform quantitative analysis on the drivers of liquidity trends and volatility and present results to Senior Management. Design, Implement and Analyze visualization and reporting dashboards that allow Senior Management to monitor and assess liquidity trends and volatility.
Job Requirements: Master's degree (U.S. or foreign equivalent) in Mathematics, Finance, Financial Engineering, Electrical Engineering or a relevant field and one (1) year of experience in the job offered or in a related role OR Bachelor's degree (U.S. or foreign equivalent) in Mathematics, Finance, Financial Engineering, Electrical Engineering or a relevant field and three (3) years of experience in the job offered or in a related role. Prior experience must include one (1) year with master's degree or three (3) years with Bachelor's degree with the following: applying Reg. YY liquidity stress testing requirements in a financial services or banking environment; analyzing secured funding transactions and assessing their liquidity impact; using quantitative business tools, including MS Excel, SQL, and MS PowerPoint for report development and presentations; using with data visualization software such as Tableau; and conducting qualitative and quantitative risk assessments, including scenario modeling and stress testing.
©The Goldman Sachs Group, Inc., 2026. 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, veteran status, disability, or any other characteristic protected by applicable law.

What Goldman Sachs employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Goldman Sachs logo

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