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Model Risk Management Jobs in North Carolina (NOW HIRING)

... management to assess risk and improve internal controls. Adheres to the Institute of Internal ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

... management to assess risk and improve internal controls. Adheres to the Institute of Internal ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

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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 Jun 16, 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 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 North Carolina? The most popular types of Model Risk Management jobs in North Carolina 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:
Infographic showing various Model Risk Management job openings in North Carolina as of June 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $74,821 per year, or $36 per hour.
Director, Cybersecurity Risk Management

Director, Cybersecurity Risk Management

Truist

Raleigh, NC

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Truist rating

8.3

Company rating: 8.3 out of 10

Based on 109 frontline employees who took The Breakroom Quiz

34th of 141 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:Truist is seeking a senior leader to support continued maturation of the Security Governance function within Truist Protection Services (TPS). Reporting to the Head of Security Governance, this role will play a key role in the strategic direction for the management of cyber risks, issues, and controls across TPS to scale governance and accelerate decision-making.
This leader will translate key drivers, regulatory expectations, and emerging threats into a coherent program strategy and operating model. The role partners closely with other Security Governance functions (Process, Risk and Control; Policy and Standards Governance and Adherence; Assessments; Third-Party Risk; Issue Management), second line Risk, Audit, Business Information Security Officers (BISOs), Technology, Legal, and business stakeholders to strengthen Truist's cyber risk posture and reduce time-to-remediation at scale.
The ideal candidate has led cybersecurity risk, issue management, and/or controls functions in a large, regulated environment; can translate technical risk into clear business decisions; and can drive measurable program outcomes through both strong governance discipline and modern, technology-enabled execution.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

This role leads the governance of a portfolio of issues and related remediation activities. Responsibilities will evolve as the program scales and matures.

  • Define and execute program strategy. Establish the vision, operating model, and multi-year roadmap aligning to key drivers, regulatory expectations, enterprise risk appetite, and TPS priorities.

  • Own end-to-end management of a portfolio of issues -including intake, classification, prioritization, root-cause analysis, action plan quality, remediation tracking, escalation, and closure validation.

  • Drive issue management and mitigation. Identify, document, coordinate, and execute (as applicable) issue management and mitigation activities; partner with control and process owners to ensure timely, sustainable remediation and reduction of repeat findings.

  • Govern controls design and operation. Lead the creation, documentation, and ongoing management of cybersecurity controls as applicable-ensuring controls are well-defined, mapped to applicable frameworks and regulations, testable, and continuously monitored for effectiveness.

  • Embed agentic AI and automation. Champion a culture of innovation by applying agentic AI, intelligent workflows, and advanced analytics to issue management, control monitoring, evidence collection, and executive reporting-reducing manual effort and accelerating insight.

  • Partner across Security Governance. Coordinate seamlessly with Process, Risk and Control; Policy and Standards Governance and Adherence; Assessments; Third-Party Risk; and other Security Governance functions to ensure a consistent, integrated governance experience for TPS.

  • Engage the three lines of defense. Build strong partnerships and influence outcomes across first line TPS teams, second line Risk and Compliance, and third line Audit-aligning oversight expectations, strengthening issue management discipline, and reducing residual risk.

  • Support regulatory and audit engagements. Lead timely, accurate, and well-evidenced responses to regulatory exams and internal audit activities; ensure sustainable remediation and strong control evidence.

  • Deliver executive-ready reporting. Produce concise, decision-grade materials for senior leadership and governance committees, highlighting top risks, issue trends, control health, and prioritized actions.

  • Build and develop the team. Hire, develop, and retain a high-performing team of cybersecurity risk, issue management, and controls professionals; set clear goals, provide coaching, and foster a culture of accountability, curiosity, and collaboration.

  • Embody "we deliver together." Establish strong cross-functional working relationships across TPS, Technology, Legal, Procurement, Enterprise Risk, and business stakeholders to drive shared outcomes.

Qualifications
Required Qualifications
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree in Information Technology, Information Security, Engineering, or related field.
2. Minimum of 10 years of professional experience in technologygovernancewith progressive management responsibilities.
3. Proven experience managing teams and mitigating technology risks at scale.
4. Strong knowledge of regulatory requirements and compliance frameworks.
5.Expertiseingovernanceassessment methodologies, control frameworks, and enterprise vulnerability management.

Preferred Qualifications

  • Graduate degree (MBA, MS, or similar) and/or industry certifications (e.g., CISSP, CRISC, CISM, CISA).

  • Experience building or transforming cybersecurity issue management and controls programs at scale (e.g., issue lifecycle automation, control rationalization, continuous control monitoring, integrated GRC platforms).

  • Experience developing or implementing agentic AI and emerging risk technologies in a GRC context (e.g., AI-assisted root-cause analysis, automated evidence collection, intelligent reporting).

  • Experience translating regulatory requirements and audit findings into durable control design and sustainable remediation strategies.

  • Experience leading governance functions within a complex, matrixed financial institution and influencing outcomes across first, second, and third lines of defense.

The annual base salary for this position is $220,000 - $265,000

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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About Truist

Sourced by ZipRecruiter

Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019