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Model Risk Management Jobs in Oklahoma (NOW HIRING)

Risk Management; Business/Technical Analysis; Data; Enterprise Data; Finance Pay Transparency ... As a Model Risk Governance Officer, you'll work across the bank to evaluate models, provide ...

Risk Management; Business/Technical Analysis; Data; Enterprise Data; Finance Pay Transparency ... As a Model Risk Governance Officer, you'll work across the bank to evaluate models, provide ...

Minimum of 5 years of relevant experience in Risk Management, Model Risk, Operational Risk, IT Audit, or other similar risk consulting / internal control functions (e.g. internal audit, compliance ...

Support development of company standard contract language and preferred terms * Assist in creating risk management training programs for field personnel and project managers Modeling Our Guarantees ...

Experience in AI/ML or GenAI governance, model risk management, or technology risk management. Strong background in risk assessment, control evaluation, and issue remediation. Familiarity with ...

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Model Risk Management information

See Oklahoma salary details

$33.7K

$76K

$127.4K

How much do model risk management jobs pay per year?

As of Jun 20, 2026, the average yearly pay for model risk management in Oklahoma is $76,018.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,700.00 and $83,600.00 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 the most commonly searched types of Model Risk Management jobs in Oklahoma? The most popular types of Model Risk Management jobs in Oklahoma are:
What are popular job titles related to Model Risk Management jobs in Oklahoma? For Model Risk Management jobs in Oklahoma, the most frequently searched job titles are:
Infographic showing various Model Risk Management job openings in Oklahoma 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 $76,018 per year, or $36.5 per hour.
Model Risk Governance Officer

Model Risk Governance Officer

BOK Financial

Tulsa, OK • On-site

Other

Posted 7 days ago


Job description

Req ID: 78167 

Location: Tulsa -TUL, Dallas -DAL, Fort Worth -FTWT, Oklahoma City -OKC 

Areas of Interest: Risk Management; Business/Technical Analysis; Data; Enterprise Data; Finance 

Pay Transparency Salary Range: Not Available 

Application Deadline: 07/02/2026

BOK Financial Corporation Group includes BOKF, NA; BOK Financial Securities, Inc. and BOK Financial Private Wealth, Inc. BOKF, NA operates TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial.

Bonus Type
Discretionary
Summary

This role sits within BOK Financial's Enterprise Risk Management team, where the focus is on identifying and assessing model risk across the organization and ensuring models are used effectively to support sound business decisions. As a Model Risk Governance Officer, you'll work across the bank to evaluate models, provide independent challenge, and deliver insights that help leaders operate within the organization's risk tolerance. This is a strong opportunity for someone who enjoys applying technical concepts in a real-world environment, partnering across teams, and influencing outcomes through thoughtful analysis and communication.

Job Description

In this role, you'll lead model validation and governance efforts, providing independent review and effective challenge to models used across the bank. You'll partner closely with model owners, developers, and business leaders to assess model design, performance, and controls-identifying risks, recommending practical enhancements, and supporting issue resolution. You'll also oversee third-party validations, manage aspects of the model inventory and reporting, and contribute to the ongoing maturation of the model risk framework. Success in this role requires strong judgment, the ability to balance ideal vs. practical outcomes, and confidence navigating complex stakeholder conversations.

This is an ideal opportunity for someone who can balance technical rigor with practical application and is comfortable challenging stakeholders while building strong working relationships.

Team Culture

This is a collaborative, team-oriented group within ERM that values accountability, curiosity, and strong partnership across the organization. The team operates with a high level of autonomy-individuals are trusted to own their work, manage their portfolio, and engage directly with stakeholders, including in situations that require thoughtful challenge or redirection. There's an emphasis on continuous improvement, practical problem-solving, and maintaining a balanced, supportive environment while working through complex and sometimes ambiguous situations.

How You'll Spend Your Time
  • Lead model validation and annual review activities, identifying risks and documenting findings
  • Provide effective challenge to model design, performance, and controls, recommending practical enhancements
  • Partner with model owners, developers, and business leaders to support governance and issue resolution
  • Oversee third-party validation engagements, ensuring quality, scope alignment, and timely delivery
  • Maintain model inventory and support reporting, documentation, and regulatory expectations
  • Communicate insights, risks, and recommendations to stakeholders and oversight committees
  • Manage your own portfolio of models while identifying opportunities to strengthen governance and improve processes
Education & Experience Requirements

The required level of knowledge is normally acquired through a Bachelor's degree in Finance, Business, Engineering or Mathematics and 3-4 years related model validation, risk management, audit, or compliance in a financial institution or an equivalent combination of education/experience.

  • Demonstrated capabilities pertaining to policy review, model reviews/monitoring, certification standards, inventory management, and issues management.
  • Extensive experience in report compilation and distribution
  • Advanced Word, Excel and PowerPoint skills
  • Self-motivation, discipline, task focus, and a proven record of delivering high quality results within strict deadlines.
  • Intellectual curiosity; solid problem-solving abilities and attention to detail; and prompt follow-through
  • Strong oral and written communication skills to effectively represent self and BOKF, as well as ability to translate complex findings and issues in a clear and concise manner to model owners
  • General knowledge of financial theory, statistics, numerical analysis, principals of corporate finance and their applicability to financial institutions 
  • General knowledge of model risk management

BOK Financial Corporation Group is a stable and financially strong organization that provides excellent training and development to support building the long term careers of employees. With passion, skill and partnership you can make an impact on the success of the bank, customers and your own career!  
Apply today and take the first step towards your next career opportunity!
The companies in BOK Financial Corporation Group are equal opportunity employers.  We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, pregnancy status, sexual orientation, genetic information or veteran status.

Please contact recruiting_coordinators@bokf.com with any questions.