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Model Risk Management Jobs in Oregon (NOW HIRING)

... risk, model risk, and third-party risk management. --- Primary Location: Remote Primary Location Salary Range: $75/hr - $150/hr --- Responsibilities * Assimilate and manage complex data into ...

Credit Risk Manager

OR · On-site +1

Partner with peers in Model Risk Management and Fair Lending on second line teams. * Prepare and present portfolio risk analyses, monitoring results, and recommendations to senior leadership ...

Determine aspects of model drift and related data drift for the purpose of model risk management (MRM) to both reduce risk and also find opportunities to drive new revenue growth and innovation.

Determine aspects of model drift and related data drift for the purpose of model risk management (MRM) to both reduce risk and also find opportunities to drive new revenue growth and innovation.

OR · On-site

You will lead a small team of analysts and partner closely with Credit Risk, Capital Markets, Model Risk Management, Product, Engineering, Compliance, Legal, Operations, and bank partners to ...

New

OR · On-site

You will lead a small team of analysts and partner closely with Credit Risk, Capital Markets, Model Risk Management, Product, Engineering, Compliance, Legal, Operations, and bank partners to ...

... and risk management. You'll partner with senior leadership to build frameworks, policies, and operating models, while shaping how AI governance is positioned as a core component of phData ...

$98K - $116K/yr

Models effective collaboration within/across teams, stakeholders and partners (e.g., UW Support, Claims, Actuarial, NA Product Teams).The Senior Underwriting (UW) Officer for Risk Management will ...

Exceptional analytical skills, including modeling, scenario planning, fiscal management, strategic agility, and risk/return analysis. * Exceptional interpersonal and communication skills. * Proven ...

Exceptional analytical skills, including modeling, scenario planning, fiscal management, strategic agility, and risk/return analysis. * Exceptional interpersonal and communication skills. * Proven ...

$130K - $140K/yr

... model, Radiology Partners provides consistent, high-quality care to patients, while delivering ... Contribute to risk management initiatives, education, compliance efforts, and continuous ...

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Showing results 1-20

Model Risk Management information

See Oregon salary details

$38.6K

$87K

$145.9K

How much do model risk management jobs pay per year?

As of Jul 11, 2026, the average yearly pay for model risk management in Oregon is $87,046.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,100.00 and $95,700.00 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 Oregon? The most popular types of Model Risk Management jobs in Oregon are:
What are popular job titles related to Model Risk Management jobs in Oregon? For Model Risk Management jobs in Oregon, the most frequently searched job titles are:
What cities in Oregon are hiring for Model Risk Management jobs? Cities in Oregon with the most Model Risk Management job openings:
Quantitative Model Risk Officer (Remote WA, OR, ID & CA)

Quantitative Model Risk Officer (Remote WA, OR, ID & CA)

Banner Bank

Portland, OR • On-site, Remote

$117K - $154K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Banner Bank rating

8.7

Company rating: 8.7 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

23rd of 148 rated banks


Job description

More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.
With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
Join a collaborative team dedicated to strengthening safe and sound banking practices through effective model risk management. In this role, you'll play a critical part in validating and monitoring complex models that inform key business decisions. Your work will help ensure accuracy, compliance, and confidence across the organization.
In this role you'll
  • Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance
  • Design and implement model test plans, including reusable code and analytical tools to support future validations
  • Partner with business units to monitor ongoing model performance and ensure alignment with expectations
  • Collaborate with stakeholders to support adherence to model development and implementation standards
  • Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank
  • Prepare clear, thorough validation reports and presentations for senior leadership
  • Maintain detailed documentation and track progress on model risk initiatives
  • Stay current on industry trends, regulatory expectations, and emerging practices in model risk management

What we're looking for
  • You have a Master's degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline (Required).
  • An equivalent combination of education and experience can be considered in lieu of a degree.
  • You have 6 or more years of bank credit experience in model risk management, model development, or quantitative finance (Required)

What helps you shine
  • You apply advanced statistical and quantitative techniques to assess model assumptions, design, and performance
  • Bring hands-on experience with validation techniques such as back-testing, sensitivity analysis, stress testing, and benchmarking
  • You understand model risk management frameworks, regulatory guidance, and lifecycle governance standards
  • Communicate complex technical concepts clearly and effectively to both technical and non-technical audiences
  • You take initiative and consistently deliver accurate, high-quality work both independently and collaboratively
  • You are proficient in analytical tools such as Excel, R, SAS, and SQL
  • You identify model weaknesses and produce documentation that stands up to regulatory and audit review

Travel
  • up to 10%

Our Company Values
  • Do the right thing
  • Mutual respect
  • Teamwork
  • Accountability

What Our Team Says
"I have the opportunity to learn and grow every day in my current role. I love the work life balance, knowing that we work hard, and strive for high performance but we are celebrated."
Compensation & Benefits
  • Targeted starting salary range (based on experience): $117,249 - 154,493
  • Annual incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement

Review Banner's employee benefits at: Employee Benefits | Banner Bank
Please take time to reviewBanner Bank's Consent & Privacy notice before applying.
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

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