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Model Risk Management Jobs in North Carolina (NOW HIRING)

NC SECU

Model Risk Analyst

Raleigh, NC · Hybrid

Position Overview: Assist in the development, implementation, and maintenance of the Model Risk Management (MRM) program within SECU through the development and validation of statistical models ...

Martello Re

Model Risk Actuary

Charlotte, NC · On-site

$113K - $133K/yr

The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving ...

Truist

Operational Risk Governance Analyst

Charlotte, NC · On-site +1

Primary focus will be to manage Operational and Model Risk Operations as well as policy governance activities. 4. Execute processes that drive ORM reporting to ensure transparency of operational and ...

New

GENNTE Technologies

Sr Risk Analyst

Charlotte, NC · On-site

Ensure strict adherence to regulatory and governance requirements, including Model Risk Management (MRM) guidelines (e.g., SR 11-7), consumer privacy laws, and fair lending practices. * Provide clear ...

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Model Risk Management information

See North Carolina salary details

$33.2K

$74.8K

$125.4K

How much do model risk management jobs pay per year?

As of Jul 26, 2026, the average yearly pay for model risk management in North Carolina is $74,821.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,800.00 and $82,200.00 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 are the most commonly searched types of Model Risk Management jobs in North Carolina? The most popular types of Model Risk Management jobs in North Carolina are:
What are popular job titles related to Model Risk Management jobs in North Carolina? For Model Risk Management jobs in North Carolina, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in North Carolina look for? The top searched job categories for Model Risk Management jobs in North Carolina are:
What cities in North Carolina are hiring for Model Risk Management jobs? Cities in North Carolina with the most Model Risk Management job openings:
Model Risk Management jobs near you
Infographic showing various Model Risk Management job openings in North Carolina as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $74,821 per year, or $36 per hour.
Model Risk Consultant - Financial Crime/Operational Risk

Model Risk Consultant - Financial Crime/Operational Risk

First Horizon Bank

Charlotte, NC • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 3 days ago

First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

40th of 170 rated banks

Job description

Location: On site at location listed in job posting

SUMMARY 

At First Horizon, the Senior Model Risk Consultant, under the supervision of the Director of Model Risk Management, will be responsible for executing best-in-class model validation activities to ensure models across First Horizon are conceptually sound relative to their intended use and performing as expected as well as ensuring compliance with our bank-wide model risk management framework including its policies and procedures.  This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk. 

Primary Responsibilities

  • Validates Fraud, Financial Crimes, and AML/BSA models used by the Bank using various statistical and advanced testing techniques
  • Critically evaluates the conceptual soundness of models and evaluates alternative theories
  • Designs and executes appropriate tests to determine whether models work as designed and monitors existing models for adequate performance
  • Work collaboratively with other model risk analysts as well as model owners, developers, and users

Requirements

  • Master’s degree in Mathematics, Computational Finance, Econometrics, Mathematics, Statistics, or related field
  • Three years of work experience in model validation. Relevant PhD work can be substituted for work experience.
  • Strong knowledge of regulatory requirements for Model Risk Management with proven track records of delivering regulatory requirements
  • Strong critical thinking skills and a detail-oriented nature to challenge models developed internally and by vendors
  • Excellent verbal and written communication skills are necessary (ability to explain complex ideas in simple, non-technical language)
  • In depth knowledge of modeling approaches to Fraud and AML/BSA

Preferences

  • PhD degree in Mathematics, Computational Finance, Econometrics, Statistics, or related field
  • Five years of model validation experience

Skills and Competencies

  • Proficiency in Python and R
  • Ability to learn additional systems as needed
  • Ability to research, analyze data, and derive facts
  • Ability to work under pressure and meet deadlines
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

Hours

  • Monday - Friday
  • 9:00 AM - 5:00 PM

About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com. 

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits 

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