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Model Risk Management Jobs in Arizona (NOW HIRING)

Early Warning Services

IT Risk Manager

Scottsdale, AZ · Hybrid

Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Partner with Enterprise Risk Management in the execution of Risk and Control Self Assessments.

USAA

Model Validator (Mid-Level) - Fraud/AML

Phoenix, AZ · Hybrid

$93K - $179K/yr

The Opportunity As a dedicated Model Validator (Mid-Level) , you will execute model risk validation oversight for the life-cycle management of models which includes conducing model validation ...

USAA

Model Validator (Mid-Level) - Fraud/AML

Phoenix, AZ · Hybrid

$93K - $179K/yr

The Opportunity As a dedicated Model Validator (Mid-Level) , you will execute model risk validation oversight for the life-cycle management of models which includes conducing model validation ...

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Model Risk Management information

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$34K

$76.7K

$128.6K

How much do model risk management jobs pay per year?

As of Jun 21, 2026, the average yearly pay for model risk management in Arizona is $76,722.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,200.00 and $84,300.00 per year, depending on experience, location, and employer.

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

To excel in Model Risk Management, a professional needs a strong grounding in quantitative finance, statistics, and risk assessment, often backed by advanced degrees in relevant fields. Familiarity with technical tools such as Python, R, SAS, and model validation platforms, along with relevant certifications like FRM or CFA, is highly beneficial. Exceptional communication skills, attention to detail, and critical thinking help individuals stand out when interacting with model developers and risk committees. Mastery of these abilities ensures thorough risk analysis, regulatory compliance, and effective mitigation of financial model risks within the organization.

What are some common challenges faced by professionals in Model Risk Management roles?

Professionals in Model Risk Management commonly encounter challenges such as evolving regulatory requirements, the complexity of advanced financial models, and ensuring effective communication between technical and non-technical stakeholders. Staying current with industry best practices while rigorously validating and documenting models can be demanding but is critical for reducing financial and operational risks. Team members often work cross-functionally, collaborating closely with quants, risk managers, and IT teams to evaluate model performance and implement improvements. Adapting to new analytical tools and maintaining a proactive approach to emerging risks will help you succeed and grow in this dynamic field.

What is a Model Risk Management job?

A Model Risk Management (MRM) job involves identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. Professionals in this role ensure models are accurate, reliable, and comply with regulatory requirements by conducting validation, testing, and performance monitoring. They work closely with model developers, risk teams, and auditors to manage model lifecycle processes. Strong quantitative, analytical, and regulatory knowledge are key skills for success in this field.

What is the salary of model risk validation?

Model risk validation professionals typically earn between $80,000 and $150,000 annually, depending on experience, location, and the size of the organization. Senior roles or those with specialized skills in statistical modeling and regulatory knowledge can earn higher salaries, often exceeding $180,000. Certifications such as FRM or CFA can also influence compensation in this field.

Is model risk management a good career?

Model risk management is a specialized field focused on identifying and mitigating risks associated with financial and statistical models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is in demand within financial institutions, regulatory agencies, and consulting firms, making it a stable career choice for those interested in risk analysis and quantitative methods.

What do model risk managers do?

Model risk managers are responsible for identifying, assessing, and mitigating risks associated with financial and operational models used within an organization. They review model assumptions, validate model performance, and ensure compliance with regulatory standards, often using specialized tools and techniques. Their work helps prevent model errors from leading to financial loss or regulatory issues.

What is the highest paying risk management job?

In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills, especially in financial institutions or large corporations.
What are the most commonly searched types of Model Risk Management jobs in Arizona? The most popular types of Model Risk Management jobs in Arizona are:
What are popular job titles related to Model Risk Management jobs in Arizona? For Model Risk Management jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Arizona look for? The top searched job categories for Model Risk Management jobs in Arizona are:
Model Risk Management jobs near you
Infographic showing various Model Risk Management job openings in Arizona as of June 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $76,722 per year, or $36.9 per hour.
Risk Management Analyst - Operations & Claims

Risk Management Analyst - Operations & Claims

RideNow Powersports

Chandler, AZ • On-site

Full-time

Posted 19 days ago

RideNow Powersports rating

5.5

Company rating: 5.5 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

134th of 142 rated vehicle equipment hire

Job description

Position Summary
The Risk Management Analyst is responsible for building, standardizing, and managing the company's risk management program, with a primary focus on workers' compensation, claims management, and insurance programs within a self-insured retention (SIR) structure.
This role combines strategic oversight with hands-on execution, driving claim cost control, improving outcomes, and implementing consistent incident management and safety processes across approximately 50 retail locations across the United States.
Operating within the RideNow Way, this role helps bring consistency, accountability, and operational discipline to overall risk management practices across all locations-ensuring that processes are followed, incidents are handled effectively, and decisions support both employee well-being and business performance.
The position partners closely with Legal, HR, Operations, Brokers, and TPAs to actively manage risk exposure, ensure compliance, and drive accountability at the store level.
The goal of this role is to transform risk management from a reactive, decentralized model into a structured, cost-controlled, and scalable function that supports operational performance and financial outcomes.
Key Responsibilities
Risk Analysis & Cost Control
  • Analyze loss data, claim reserves, and total cost of risk (TCOR)
  • Develop reporting and dashboards to identify trends and cost drivers
  • Track key metrics including claim duration, cost per claim, reserve accuracy, and lost-time frequency
  • Provide recommendations to reduce claim costs and improve outcomes

Claims Processing Management
  • Manage workers' compensation claims across multiple states within a self-insured retention (SIR) structure
  • Monitor claim reserves, severity, and lifecycle to control financial exposure
  • Partner with TPAs and adjusters to drive claim resolution and challenge reserve levels and strategies
  • Analyze claim trends and identify drivers of loss; recommend corrective actions
  • Support return-to-work programs, including modified duty and lost-time management
  • Partner with HR and third parties to coordinate handling all claims, including general liability and workers' compensation cases

Incident Management & Reporting Discipline
  • Establish and standardize incident reporting processes across all locations
  • Oversee investigation of incidents, including documentation, root cause analysis, and corrective actions
  • Ensure timely and accurate reporting of all incidents (i.e., WC, liability, auto, property)
  • Identify trends in incidents and implement preventative measures

Field Training & Safety Coordination
  • Train General Managers and store leadership on incident response, reporting expectations, and workers' compensation procedures
  • Establish and support store-level safety contacts to drive accountability
  • Promote consistent safety practices and awareness across locations
  • Support OSHA compliance efforts and documentation requirements (logs, postings, etc.)

Program Standardization & Compliance
  • Support centralization of risk management processes at headquarters
  • Ensure compliance with multi-state workers' compensation and safety regulations
  • Maintain audit-ready processes and documentation
  • Develop and implement policies, procedures, and controls

Risk & Operational Support
  • Support development and coordination with internal teams of standardized drug testing and incident response protocols
  • Provide guidance to operations on risk mitigation and safety practices
  • Participate in store visits and operational reviews as needed

Insurance & Broker / TPA Management
  • Serve as primary liaison with insurance brokers, carriers, and TPAs
  • Support renewals, underwriting submissions, and exposure reporting
  • Ensure integrity and accuracy of claims and exposure data
  • Provide input on coverage strategies, retention levels, and cost implications
  • Partner with Legal on complex claims and litigation matters

Additional Responsibilities
  • Perform additional responsibilities as needed to support risk management operations, process improvement, and business needs

Qualifications
  • 5-8+ years of experience in workers' compensation, risk management, or insurance
  • Strong experience in multi-state environments
  • Experience working with TPAs, brokers, and carriers
  • Demonstrated ability to influence claim outcomes and manage costs
  • Strong analytical skills with ability to interpret claims data and trends
  • Experience implementing or improving processes and programs
  • Retail, dealership, or multi-location experience preferred
  • Experience in self-insured or SIR environments strongly preferred
  • Ability to multitask in a fast-paced environment with performance-oriented results

Physical Requirements & Work Environment
  • In office Monday through Thursday, remote on Fridays with use of computer, phone, and standard office equipment
  • Ability to remain in a stationary position for extended periods
  • Frequent communication with internal and external partners
  • Ability to travel occasionally to field locations as needed for training, audits, and incident review
  • May be exposed to operational environments (retail/service areas with equipment and noise)

Work Authorization
Candidates must be authorized to work in the United States without current or future
sponsorship.
Our Culture
We operate in a fast-paced, performance driven environment focused on accountability, ownership and continuous improvement.
Equal Opportunity Employer
RideNow is an equal opportunity employer. We are committed to creating an inclusive environment for all employees and applicants and do not discriminate based on race, color, religion, sex, national origin, age, disability, or any other protected status.

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