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Model Risk Management Jobs in California (NOW HIRING)

Capgroup

AI Risk Specialist

Los Angeles, CA

$106K/yr

Security risk management * AI model and system lifecycle * AI failure modes and risk characteristics * Responsible AI practices. * You are familiar with Agentic AI workflows * You have experience ...

HENRY MAYO NEWHALL MEMORIAL HOSPITAL

They will be a role model for the Henry Mayo Way of patient, employee, partner and community ... Certified Professional in Healthcare Risk Management (CPHRM) preferred Education: * Bachelor ...

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All JobsModel Risk Management JobsModel Risk Management Jobs in California

Model Risk Management information

See California salary details

$36K

$81.3K

$136.2K

How much do model risk management jobs pay per year?

As of Jun 12, 2026, the average yearly pay for model risk management in California is $81,252.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,700.00 and $89,300.00 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 California? The most popular types of Model Risk Management jobs in California are:
What are popular job titles related to Model Risk Management jobs in California? For Model Risk Management jobs in California, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in California look for? The top searched job categories for Model Risk Management jobs in California are:
What cities in California are hiring for Model Risk Management jobs? Cities in California with the most Model Risk Management job openings:
Model Risk Management jobs near you
Infographic showing various Model Risk Management job openings in California 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 $81,252 per year, or $39.1 per hour.

Risk Management Analyst

Healthpeak Properties, Inc.

Irvine, CA • On-site

Full-time

Posted 21 days ago

Job description

Company Overview
Our company is a leading national healthcare REIT with over $20 billion of owned real estate concentrated in laboratory, outpatient medical, and entrance-fee senior housing communities.
As an innovative real estate owner at the forefront of the healthcare industry, the firm is committed to disciplined capital deployment, operational excellence, and long-term value creation for shareholders, customers, and employees.
Position Responsibilities
An exciting opportunity to join a small but critical Risk Management team at a dynamic, best-in-class public company. As a key member of the department, you will work closely with the SVP of Risk Management and Risk Manager across all risk and insurance-related matters — playing an integral role in protecting the organization and driving strategic risk initiatives forward.
  • Own the full lifecycle of subrogation claims under $100K — from intake and tracking through resolution
  • Handle auto claims and demands from building visitors and tenant employees with professionalism and precision
  • Drive low-severity property damage claims under $100K to closure
  • Manage incoming Certificate of Insurance (COI) requests and maintain ongoing COI compliance tracking
  • Champion safety initiatives and contribute to the development of policies and procedures
  • Support monthly Security and Compliance meetings and agendas; as the organization grows (Janus), compliance responsibilities will expand to include tracking matters across all Operators
  • Maintain claim and suit updates, debt issuance reports, and monthly litigation agendas
  • Produce detailed ad hoc reports and analyses on costs, claims, and risk trends
  • Fulfill due diligence requests including loss runs, COIs, and litigation schedules
  • Deliver risk modeling, data analysis, and actionable insights that inform departmental strategy
  • Lead renewal application processes and renewal data collection
  • Partner with Finance, Legal, HR, and Operations to develop and align insurance solutions with organizational goals
  • Research emerging laws, regulations, technologies, risks, and trends that may impact the organization
  • Serve as the primary liaison between the Risk department and asset managers, property managers, and other internal stakeholders
  • Develop presentations, education materials, and training resources for the organization
  • Field vendor calls, evaluate relevance to the department, and deliver clear summaries and recommendations
  • Manage departmental operations including travel, invoices, meeting coordination, subscriptions, and conferences
  • Provide backup coverage and continuity support for the Risk Management Manager
Position Requirements
  • 4-year college degree required; graduate degree preferred
  • 4+ years of experience in Risk Management and Insurance
  • Prior experience at a professional insurance broker, TPA, insurance carrier, or in-house risk department
  • Legal exposure or experience preferred
  • Real estate or REIT experience preferred
  • Healthcare or Seniors Housing experience a plus
  • Knowledge and understanding of contracts and leases preferred
  • Critical thinker and problem solver who thrives in a fast-paced environment
  • Prior compliance experience
  • Salary range of $80-$100k/yr plus generous cash incentives
**To apply, when submitting your resume, please be sure to NOT include any age identifying information such as DOB, years of graduation, etc.**

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