Model Risk Analyst
Overland Park, KS · On-site
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Overland Park, KS · On-site
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Irvine, CA · On-site
$85K - $95K/yr
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Irvine, CA · On-site
$85K - $95K/yr
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Irvine, CA · Hybrid
$85K - $95K/yr
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Irvine, CA · Hybrid
$85K - $95K/yr
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Dallas, TX · Hybrid
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Dallas, TX · Hybrid
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Dallas, TX · On-site
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Dallas, TX · On-site
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Regulatory, Audit and Compliance * Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders. * Ensure timely remediation of regulatory and audit findings. * Stay ...
Regulatory, Audit and Compliance * Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders. * Ensure timely remediation of regulatory and audit findings. * Stay ...
Model Risk Analyst
Denver, CO · On-site
$85K - $95K/yr
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Model Risk Analyst
Denver, CO · On-site
$85K - $95K/yr
Support requests received from third parties and Internal Audit related to model risk. * Perform the job in accordance with applicable industry laws and regulations as well as the policies and ...
Regulatory, Audit and Compliance * Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders. * Ensure timely remediation of regulatory and audit findings. * Stay ...
Regulatory, Audit and Compliance * Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders. * Ensure timely remediation of regulatory and audit findings. * Stay ...
Senior Model Risk Analyst The Senior Model Risk Analyst will play a key role in assessing the Bank ... Participate in audit and regulatory exams and assist in the remediation of audit and regulatory ...
Senior Model Risk Analyst The Senior Model Risk Analyst will play a key role in assessing the Bank ... Participate in audit and regulatory exams and assist in the remediation of audit and regulatory ...
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Model Risk Lead
Indianapolis, IN · On-site
Support regulatory exams and audit reviews * Develop benchmarking tools and potentially leverage machine learning techniques * Contribute to model inventory oversight and ongoing model performance ...
Model Risk Lead
Indianapolis, IN · On-site
Support regulatory exams and audit reviews * Develop benchmarking tools and potentially leverage machine learning techniques * Contribute to model inventory oversight and ongoing model performance ...
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Senior Model Risk Analyst
Indianapolis, IN · On-site
Purpose : The Senior Model Risk Analyst will play a key role in assessing the Bank's model risk ... Participate in audit and regulatory exams and assist in the remediation of audit and regulatory ...
Senior Model Risk Analyst
Indianapolis, IN · On-site
Purpose : The Senior Model Risk Analyst will play a key role in assessing the Bank's model risk ... Participate in audit and regulatory exams and assist in the remediation of audit and regulatory ...
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Model Risk Management Senior Analyst - Model Risk Management
Bowie, MD · On-site
$110K - $130K/yr
Summary Model risk management (MRM) refers to the overseeing of risk defined by potential adverse ... Audit. Engages in continued education through the company's internal training webinars. Performs ...
Model Risk Management Senior Analyst - Model Risk Management
Bowie, MD · On-site
$110K - $130K/yr
Summary Model risk management (MRM) refers to the overseeing of risk defined by potential adverse ... Audit. Engages in continued education through the company's internal training webinars. Performs ...
Purpose : The Senior Model Risk Analyst will play a key role in assessing the Bank's model risk ... Participate in audit and regulatory exams and assist in the remediation of audit and regulatory ...
Purpose : The Senior Model Risk Analyst will play a key role in assessing the Bank's model risk ... Participate in audit and regulatory exams and assist in the remediation of audit and regulatory ...
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Drive model risk governance processes, including oversight of model inventory, validation activities, and lifecycle management, ensuring robust documentation, transparency, and audit readiness
Model Risk Management Senior Analyst - Model Risk Management
Bowie, MD · On-site
$110K - $130K/yr
Model risk management (MRM) refers to the overseeing of risk defined by potential adverse ... Audit. Engages in continued education through the company's internal training webinars. Performs ...
Model Risk Management Senior Analyst - Model Risk Management
Bowie, MD · On-site
$110K - $130K/yr
Model risk management (MRM) refers to the overseeing of risk defined by potential adverse ... Audit. Engages in continued education through the company's internal training webinars. Performs ...
Manager, Internal Audit- Risk Analytics/Modeling
Westlake, TX · On-site
$83K - $171K/yr
Performing audit reviews of model development and validation following guidelines based on SR 11-7 Guidance on Model Risk Management, to include an assessment of model usage, documentation ...
Manager, Internal Audit- Risk Analytics/Modeling
Westlake, TX · On-site
$83K - $171K/yr
Performing audit reviews of model development and validation following guidelines based on SR 11-7 Guidance on Model Risk Management, to include an assessment of model usage, documentation ...
Model risk management (MRM) refers to the overseeing of risk defined by potential adverse ... Audit. Engages in continued education through the company's internal training webinars. Performs ...
Model risk management (MRM) refers to the overseeing of risk defined by potential adverse ... Audit. Engages in continued education through the company's internal training webinars. Performs ...
Model Risk Audit information
See salary details
$31K - $39.7K
6% of jobs
$39.7K - $48.4K
5% of jobs
$48.4K - $57K
6% of jobs
$65.1K is the 25th percentile. Wages below this are outliers.
$57K - $65.7K
7% of jobs
$65.7K - $74.4K
11% of jobs
$74.4K - $83.1K
7% of jobs
The median wage is $90.5K / yr.
$83.1K - $91.8K
7% of jobs
$91.8K - $100.5K
7% of jobs
$100.5K - $109.1K
3% of jobs
$112.9K is the 75th percentile. Wages above this are outliers.
$109.1K - $117.8K
31% of jobs
$117.8K - $126.5K
7% of jobs
$31K
$89.7K
$126.5K
How much do model risk audit jobs pay per year?
As of Jun 4, 2026, the average yearly pay for model risk audit in the United States is $89,650.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $116,500.00 per year, depending on experience, location, and employer.
What are the key skills and qualifications needed to thrive as a Model Risk Auditor, and why are they important?
To thrive as a Model Risk Auditor, you need a solid background in quantitative analysis, risk management, and financial modeling, often supported by degrees in finance, mathematics, or related fields. Familiarity with statistical programming tools (like Python, R, or SAS), model validation frameworks, and regulatory guidelines (such as SR 11-7) is essential. Strong analytical thinking, attention to detail, and effective communication skills help auditors interpret complex models and present findings to stakeholders. These capabilities are crucial for ensuring the integrity of models used in decision-making and for maintaining regulatory compliance in financial institutions.
What are some typical challenges faced by professionals in a Model Risk Audit role?
Professionals in Model Risk Audit often encounter challenges such as keeping up with rapidly evolving regulatory requirements and complex quantitative methodologies. Balancing technical model validation with clear communication to non-technical stakeholders can also be demanding. Additionally, auditors must frequently collaborate with model developers, risk managers, and compliance teams to ensure a comprehensive understanding of model risks and controls. Navigating these challenges requires strong analytical skills, attention to detail, and effective teamwork.
What is Model Risk Audit?
Model Risk Audit is a specialized process within financial institutions that involves evaluating and reviewing the controls, governance, validation, and use of quantitative models. These audits help ensure that models used for decision-making, risk management, and regulatory reporting are accurate, reliable, and comply with internal policies as well as regulatory standards. The primary goal is to identify and mitigate risks associated with model errors, misuse, or inadequate validation, thereby supporting the overall integrity of the institution’s risk management framework.
What is the difference between Model Risk Audit vs Model Validation?
| Aspect | Model Risk Audit | Model Validation |
|---|---|---|
| Primary Focus | Assessing overall model risk management, controls, and compliance | Evaluating the technical accuracy and performance of specific models |
| Work Environment | Audit teams within risk management or internal audit departments | Quantitative teams, often within model development or validation units |
| Certifications | CPA, CIA, or risk management certifications common | FRM, CFA, or quantitative modeling certifications common |
Model Risk Audit and Model Validation are related but distinct roles. Model Risk Audit focuses on assessing the effectiveness of model risk management processes, while Model Validation concentrates on testing the technical soundness of models. Both roles are essential in financial institutions to ensure model integrity and compliance.
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 25 days ago
Job description
Job Type
Full-time
Description
At Sunflower Bank, N.A., we're experiencing great growth. Since our founding in 1892, we've been committed to serving our communities and supporting the team members who make it all possible. As a full-service financial institution, we offer a full range of relationship-focused services to meet personal, business, and wealth-management financial objectives. Creating Possibility is not just our mission, it's what we do every day for clients and associates. Learn more about Sunflower Bank, N.A. at sunflowerbank.com.
Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Model Risk Analyst at our Overland Park, KS location.
Hybrid options available.
Description:
Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program, focusing on the annual assessment process, maintaining the model inventory, assisting in planning model validation, independent validation, and ongoing monitoring of quantitative models. This role ensures that models-used for credit risk, liquidity risk, market risk, capital planning, and BSA/AML-are conceptually sound, documented according to policy, and compliant with regulatory standards (e.g., SR 26-2).
Primary Responsibilities
Education / Experience
Pay is dependent on knowledge, skills, abilities, experience, and location.
Working Conditions
The physical demands of this position require the ability to perform essential job functions with or without reasonable accommodation. Employees may spend extended periods sitting or standing, using hands to operate computers or other equipment, and reaching for work-related tasks. Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds. Vision requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus.
Sunflower Bank Benefits
People choose to "bank" with us, but for those we serve, we're more than a bank. We strive to be the financial backbone of their lives, and we know that starts with our team.
Our supportive culture empowers team members to grow and seize new opportunities. Like our namesake, the sunflower, we are:
Associates enjoy outstanding benefits, including:
If you qualify, apply online at www.sunflowerbank.com/careers.
You've never worked anyplace like Sunflower Bank!
EOE/AA: Minorities/Females/Disabled/Vets
Sunflower Bank, N.A. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.
Open until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.
If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location-specific notices is available on our privacy policy.
Full-time
Description
At Sunflower Bank, N.A., we're experiencing great growth. Since our founding in 1892, we've been committed to serving our communities and supporting the team members who make it all possible. As a full-service financial institution, we offer a full range of relationship-focused services to meet personal, business, and wealth-management financial objectives. Creating Possibility is not just our mission, it's what we do every day for clients and associates. Learn more about Sunflower Bank, N.A. at sunflowerbank.com.
Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Model Risk Analyst at our Overland Park, KS location.
Hybrid options available.
Description:
Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program, focusing on the annual assessment process, maintaining the model inventory, assisting in planning model validation, independent validation, and ongoing monitoring of quantitative models. This role ensures that models-used for credit risk, liquidity risk, market risk, capital planning, and BSA/AML-are conceptually sound, documented according to policy, and compliant with regulatory standards (e.g., SR 26-2).
Primary Responsibilities
- Maintain the model inventory, ensuring it is up-to-date by confirming assigned models have correct attributes (status, owner, risk tier, review dates, etc.). Assist in model identification, classification, and risk rating.
- Monitor the end-to-end issues management lifecycle of findings resulting from model validations, including tracking remediation progress and verifying closure documentation.
- Ensure key details (assumptions, inputs, purpose, limitations) are clearly recorded in model documentation.
- Perform hands-on validation of new and existing models, challenging conceptual soundness, assumptions, inputs, and performance metrics.
- Conduct annual reviews and write annual review reports.
- Act as a key point of contact with model developers and owners to discuss validation findings and provide "effective challenge".
- Support requests received from third parties and Internal Audit related to model risk.
- Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.
- Responsible for upholding Fair and Responsible Banking practices and Code of Ethics and Conduct guidelines.
- Perform other duties as assigned.
Education / Experience
- Bachelor's degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field; master's preferred.
- A minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines.
- Familiarity with Excel, SQL, Python, R, SAS, or other relevant languages for data analysis and code replication.
- Advanced Excel skills, conditional formatting, and/or data analysis tools, and familiarity with data visualization tools.
- Excellent written and verbal communication skills, with the ability to explain complex technical concepts to non-technical stakeholders.
Pay is dependent on knowledge, skills, abilities, experience, and location.
Working Conditions
The physical demands of this position require the ability to perform essential job functions with or without reasonable accommodation. Employees may spend extended periods sitting or standing, using hands to operate computers or other equipment, and reaching for work-related tasks. Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds. Vision requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus.
Sunflower Bank Benefits
People choose to "bank" with us, but for those we serve, we're more than a bank. We strive to be the financial backbone of their lives, and we know that starts with our team.
Our supportive culture empowers team members to grow and seize new opportunities. Like our namesake, the sunflower, we are:
- Rooted in Strength
- Propelled by Growth
- Individuals in a Great Whole
- Creating Possibility
- Community Focused
Associates enjoy outstanding benefits, including:
- 401(k) Plan with 6% Match
- Health/Dental/Vision Insurance
- Company-paid Life Insurance
- Tuition Reimbursement
- Fitness Reimbursement
- Paid Time Off
- Volunteer Leave
- Paid Holidays
- Plus many more associate perks & incentives!
If you qualify, apply online at www.sunflowerbank.com/careers.
You've never worked anyplace like Sunflower Bank!
EOE/AA: Minorities/Females/Disabled/Vets
Sunflower Bank, N.A. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.
Open until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.
If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location-specific notices is available on our privacy policy.