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Model Risk Management Jobs in Kentucky (NOW HIRING)

Familiarity with AI governance frameworks, model risk management, or algorithm oversight processes * Experience collaborating with AI vendors, startups, or health technology partners * Knowledge of ...

Familiarity with AI governance frameworks, model risk management, or algorithm oversight processes * Experience collaborating with AI vendors, startups, or health technology partners * Knowledge of ...

Risk Advisory Senior Manager

Louisville, KY · On-site +1

$119K - $215K/yr

This position may be performed in a hybrid work model from one of our office locations or remotely within the United States. As a Senior Manager, you will: * Lead and manage risk advisory and ...

New

Risk Advisory Senior Manager

Lexington, KY · On-site +1

$119K - $215K/yr

This position may be performed in a hybrid work model from one of our office locations or remotely within the United States. As a Senior Manager, you will: * Lead and manage risk advisory and ...

New

General Summary This role reports to the Team Leader Model Maker or their designee and is based in ... Support audit, governance, and risk management activities as required. Continuous Improvement

General Summary This role reports to the Team Leader Model Maker or their designee and is based in ... Support audit, governance, and risk management activities as required. Continuous Improvement

... risk management * Proven leadership experience in building, scaling, and maturing teams and operating models * Strong understanding of cybersecurity control frameworks * Demonstrated ability to ...

... risk management * Proven leadership experience in building, scaling, and maturing teams and operating models * Strong understanding of cybersecurity control frameworks * Demonstrated ability to ...

General Summary This role reports to the Team Leader Model Maker or their designee and is based in ... Support audit, governance, and risk management activities as required. Continuous Improvement

Cyber Manager - ServiceNow

Louisville, KY · On-site

$106K - $143K/yr

... Risk Management workstreams in partnership with architects and product owners • Managing ... and offshore models; aligning resources and mitigating delivery risks, blockers, and ...

Fraud Model Analyst

Louisville, KY · On-site

$58K - $134K/yr

Managing Risk - Assessing and effectively managing all of the risks associated with their business ... Modeling: Data, Process, Events, Objects, Prototyping, Query and Database Access Tools Work ...

... Risk Management workstreams in partnership with architects and product owners * Managing ... Orchestrating cross-functional teams and vendors across onshore and offshore models; aligning ...

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Model Risk Management information

See Kentucky salary details

$31.7K

$71.5K

$119.9K

How much do model risk management jobs pay per year?

As of Jun 18, 2026, the average yearly pay for model risk management in Kentucky is $71,506.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,300.00 and $78,600.00 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 popular job titles related to Model Risk Management jobs in Kentucky? For Model Risk Management jobs in Kentucky, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Kentucky look for? The top searched job categories for Model Risk Management jobs in Kentucky are:
Cyber AI Governance and Privacy Senior Consultant

Cyber AI Governance and Privacy Senior Consultant

Deloitte

Louisville, KY • On-site

Other

Posted yesterday


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 86 frontline employees who took The Breakroom Quiz

58th of 138 rated financial services


Job description

We are seeking an AI Governance and Privacy Specialist who can operationalize responsible AI in real systems-especially agentic AI and LLM-enabled applications. This role blends governance and privacy expertise with enough software development fluency to create developer-ready guidance, implement controls-as-code patterns, and stand up measurable evaluation and monitoring workflows.

As a Senior Consultant, you will help clients and internal delivery teams move from AI principles to practices: risk tiering, model and agent inventories, technical guardrails, governance workflows integrated into the SDLC, and evidence artifacts suitable for audits and regulators.

Recruiting for this role ends on 12/31/2026.

Work you'll do

As a Senior Consultant, Strategy, Growth and Transformation on the Cyber team, you will be responsible for:

  • Designing and implementing AI governance operating models, intake workflows, risk tiering, approvals, documentation standards, exception handling, and audit-ready evidence processes for generative AI and agentic AI deployments.
  • Building and maintaining inventories for models, agents, tools, data sources, and integrations, with defined ownership, intended use, risk classification, and change-control requirements.
  • Conducting risk assessments across privacy, security, model risk, and misuse scenarios, including prompt injection, sensitive data exposure, excessive agency, and overreliance, and translating findings into implementable mitigations.
  • Establishing technical control guidance for teams building agentic AI solutions, including human-in-the-loop patterns, tool access controls, retrieval and grounding practices, logging, monitoring, token and data minimization, and incident response playbooks.
  • Integrating governance checkpoints into product and engineering delivery through architecture reviews, release gates, evaluation requirements, documentation automation, evidence capture, dashboards, and cross-functional collaboration with Cybersecurity, Privacy, Legal, Risk, Engineering, and Data Science teams.

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others

The team

You will join a cross-functional group working at the intersection of cyber, privacy, governance, and emerging AI delivery. The team helps organizations scale AI responsibly by combining governance and engineering patterns so teams can innovate faster without compromising trust.

Qualifications

Required:

  • Bachelor's degree or equivalent practical experience.
  • 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk management, or technology risk consulting.
  • Experience translating policies and regulatory expectations into operational workflows and artifacts, including intake processes, inventories, decision logs, risk registers, responsibility assignment matrices, playbooks, privacy impact assessments, and data protection impact assessments.
  • Experience assessing AI, machine learning, and LLM deployment patterns, including training, retrieval-augmented generation, fine-tuning, tool use, data dependencies, and integration patterns, and defining mitigations for privacy, security, model risk, and misuse.
  • Experience prototyping or automating governance workflows using Python or Structured Query Language and working with continuous integration and continuous deployment pipelines and cloud deployment basics.
  • Ability to travel 0-50%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Limited immigration sponsorship may be available.

Preferred:

  • Experience in consulting or a Big 4 environment.
  • Experience operationalizing AI governance aligned to the National Institute of Standards and Technology AI Risk Management Framework or ISO/IEC 42001.
  • Experience with generative AI safety and evaluation practices, including prompt injection testing, jailbreak resilience, hallucination measurement, toxicity scoring, harm scoring, and grounding effectiveness.
  • Experience with governance, workflow, or ticketing platforms, including OneTrust and governance, risk, and compliance systems, and integrating those platforms into engineering delivery processes.
  • Certifications such as Certified Information Privacy Professional/United States, Certified Information Privacy Manager, International Association of Privacy Professionals AI Governance Professional, Certified Information Security Manager, or Certified Information Systems Security Professional.
  • Experience in cyber or enterprise security environments, including data security, identity, audit logging, secure software development lifecycle practices, human-in-the-loop escalation pathways, exception handling, and automated safety protocols for autonomous systems.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $105,400 to $207,800.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

#CyberDTP27

Qualifications:

We are seeking an AI Governance and Privacy Specialist who can operationalize responsible AI in real systems-especially agentic AI and LLM-enabled applications. This role blends governance and privacy expertise with enough software development fluency to create developer-ready guidance, implement controls-as-code patterns, and stand up measurable evaluation and monitoring workflows.

As a Senior Consultant, you will help clients and internal delivery teams move from AI principles to practices: risk tiering, model and agent inventories, technical guardrails, governance workflows integrated into the SDLC, and evidence artifacts suitable for audits and regulators.

Recruiting for this role ends on 12/31/2026.

Work you'll do

As a Senior Consultant, Strategy, Growth and Transformation on the Cyber team, you will be responsible for:

  • Designing and implementing AI governance operating models, intake workflows, risk tiering, approvals, documentation standards, exception handling, and audit-ready evidence processes for generative AI and agentic AI deployments.
  • Building and maintaining inventories for models, agents, tools, data sources, and integrations, with defined ownership, intended use, risk classification, and change-control requirements.
  • Conducting risk assessments across privacy, security, model risk, and misuse scenarios, including prompt injection, sensitive data exposure, excessive agency, and overreliance, and translating findings into implementable mitigations.
  • Establishing technical control guidance for teams building agentic AI solutions, including human-in-the-loop patterns, tool access controls, retrieval and grounding practices, logging, monitoring, token and data minimization, and incident response playbooks.
  • Integrating governance checkpoints into product and engineering delivery through architecture reviews, release gates, evaluation requirements, documentation automation, evidence capture, dashboards, and cross-functional collaboration with Cybersecurity, Privacy, Legal, Risk, Engineering, and Data Science teams.

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others

The team

You will join a cross-functional group working at the intersection of cyber, privacy, governance, and emerging AI delivery. The team helps organizations scale AI responsibly by combining governance and engineering patterns so teams can innovate faster without compromising trust.

Qualifications

Required:

  • Bachelor's degree or equivalent practical experience.
  • 4+ years of experience in AI governance, data privacy, security risk management, compliance and controls, AI product risk, model risk management, or technology risk consulting.
  • Experience translating policies and regulatory expectations into operational workflows and artifacts, including intake processes, inventories, decision logs, risk registers, responsibility assignment matrices, playbooks, privacy impact assessments, and data protection impact assessments.
  • Experience assessing AI, machine learning, and LLM deployment patterns, including training, retrieval-augmented generation, fine-tuning, tool use, data dependencies, and integration patterns, and defining mitigations for privacy, security, model risk, and misuse.
  • Experience prototyping or automating governance workflows using Python or Structured Query Language and working with continuous integration and continuous deployment pipelines and cloud deployment basics.
  • Ability to travel 0-50%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Limited immigration sponsorship may be available.

Preferred:

  • Experience in consulting or a Big 4 environment.
  • Experience operationalizing AI governance aligned to the National Institute of Standards and Technology AI Risk Management Framework or ISO/IEC 42001.
  • Experience with generative AI safety and evaluation practices, including prompt injection testing, jailbreak resilience, hallucination measurement, toxicity scoring, harm scoring, and grounding effectiveness.
  • Experience with governance, workflow, or ticketing platforms, including OneTrust and governance, risk, and compliance systems, and integrating those platforms into engineering delivery processes.
  • Certifications such as Certified Information Privacy Professional/United States, Certified Information Privacy Manager, International Association of Privacy Professionals AI Governance Professional, Certified Information Security Manager, or Certified Information Systems Security Professional.
  • Experience in cyber or enterprise security environments, including data security, identity, audit logging, secure software development lifecycle practices, human-in-the-loop escalation pathways, exception handling, and automated safety protocols for autonomous systems.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $105,400 to $207,800.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

#CyberDTP27

Education:Bachelor's DegreeEmployment Type:

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