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Model Risk Management Jobs in Oregon (NOW HIRING)

Senior IT Auditor

Hillsboro, OR ยท On-site +1

$102K - $134K/yr

Enterprise Risk Management, Credit risk, Market risk, Operational risk, Model risk, Liquidity risk, and/or Sarbanes-Oxley. Broad, general knowledge of the banking and financial services industry and ...

Support model risk monitoring through quality reviews tied to credit decisioning, adverse action ... risk management in consumer lending, including secured lending products such as mortgage, home ...

Head of AI

OR ยท On-site +1

Establish responsible AI standards (privacy, security, bias mitigation, explainability, model risk management). * Partner with security, legal, and compliance teams to ensure AI solutions meet client ...

Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...

Actuary - RP Modeling

Portland, OR ยท Remote

$123K - $145K/yr

... risk management, business planning, and strategic initiatives. * Lead model development efforts for new business opportunities, product enhancements, and evolving regulatory requirements. * Perform ...

Actuary - RP Modeling

OR ยท On-site +1

$116K - $136K/yr

... risk management, business planning, and strategic initiatives. * Lead model development efforts for new business opportunities, product enhancements, and evolving regulatory requirements. * Perform ...

Actuary - RP Modeling

Portland, OR ยท On-site +1

$123K - $145K/yr

... risk management, business planning, and strategic initiatives. * Lead model development efforts for new business opportunities, product enhancements, and evolving regulatory requirements. * Perform ...

Showing results 41-60

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 Aug 21, 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 is a model risk management?

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 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 are the key skills and qualifications needed to thrive in model risk management, 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 does a model risk management do?

A model risk management professional oversees the identification, assessment, and mitigation of risks associated with financial and operational models. They ensure models are accurate, reliable, and compliant with regulations, often using validation tools and statistical analysis. This role helps prevent financial loss and supports decision-making processes within organizations.

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 job categories do people searching Model Risk Management jobs in Oregon look for?

The top searched job categories for Model Risk Management jobs in Oregon are:

What cities in Oregon are hiring for Model Risk Management jobs?

Cities in Oregon with the most Model Risk Management job openings:

Infographic showing various Model Risk Management job openings in Oregon as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 17% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $87,046 per year, or $41.8 per hour.

Senior Quantitative Risk Management Analyst, Marlboro or Chelmsford, MA or Hillsboro, OR, Hybrid

First Technology Federal Credit Union

Hillsboro, OR โ€ข On-site

$95K - $125K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 20 days ago


Job description

Description

This role supports the Credit Union’s capital planning and stress testing program by helping develop, maintain, and apply quantitative models, analytical tools, and scenario-based forecasting processes. It assists in translating business strategy, risk appetite, portfolio behavior, and macroeconomic assumptions into model-ready inputs and decision-useful outputs that support capital adequacy assessment, governance, regulatory reporting, and management action planning. The role also contributes to Finance and Capital Planning special projects, including ad hoc analysis, strategic initiatives, process enhancements, management reporting, and cross-functional efforts that improve financial insight, capital adequacy monitoring, and decision support.

Here’s what you can expect from the job and what you need to be successful: 

What You’ll Do :

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  

·         Implements and refines quantitative models and analytical tools that support portfolio construction, asset allocation, risk measurement, and strategic decision‑making. 

·         Provides input to strategic modeling and decision-making processes with respect to data assumptions, historical data analysis, conceptual soundness, and evaluation of models’ outputs for appropriateness. 

·         Translates risk appetite and policy requirements into practical metrics, thresholds, and monitoring routines that guide business actions and maintain exposures within established boundaries. 

·         Coordinate agreement on the use of models and assumptions across stakeholders where multiple stakeholders use common models and assumptions. 

·         Conducts scenario analysis, sensitivities, and stress testing to identify vulnerabilities under various market, credit, and operational conditions, providing clear recommendations for mitigation. 

·         Maintains efficient reporting processes and data pipelines that enable timely, accurate, and transparent risk insights for partners across the organization. 

·         Monitors market trends, portfolio dynamics, and operational indicators to identify emerging risks and communicate timely assessments to key stakeholders. 

·         Collaborates with cross‑functional teams to embed quantitative insights into business decisions, considering trade‑offs and impacts across multiple functions. 

·         Produces clear and audit‑ready documentation for models, assumptions, processes, and governance requirements, ensuring transparency and alignment with organizational standards. 

·         Reviews analytical work from colleagues and provides coaching to enhance methodological rigor, communication clarity, and consistency across the team. 

 Typical Scope: 

  • Applies best practices and knowledge of internal/external business challenges to improve products, processes or services. Is accountable for small projects or programs with manageable risks and resource requirements. Resolves difficult and complex problems using judgment and analysis; contributes to problem solving in collaborative settings. Interprets policies and adapts them to new situations.
  • Demonstrates judgment in selecting methods to solve problems that have cross-functional impacts or require balancing competing priorities. Applies advanced knowledge of job area with experienced understanding of functional area.
  • Typically receives little instruction on daily work. Works independently within defined specialties; adapts methods and procedures for routine work with minimal oversight. Accountable for deliverables. May mentor others and coach or review their work.

Essential Skills:

Education & Experience:  

·         Required Education: Bachelors degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree) 

·         Required Experience: 4 - 6 years of relevant experience 

 Qualifications & Skills:  

·         Experience developing, implementing, or validating risk models or analytical frameworks in data‑intensive environments. 

·         Strong proficiency with Python or R, SQL, and analytical libraries used for statistical modeling, time‑series analysis, and data processing. 

·         Demonstrated ability to perform scenario design, stress testing, and model performance evaluation using sound statistical and financial principles. 

·         Experience building automated reports and visualizations and working with large datasets in both structured and unstructured environments. 

·         Proven ability to independently solve complex problems, adapt methods to ambiguous situations, and balance competing priorities. 

·         Strong communication skills with the ability to distill technical analyses into clear insights for non‑technical audiences and influence stakeholders across functions. 

Location:

Either Marlboro/Chelmsford, MA or Hillsboro, OR

Target Compensation:

$95,000 - $125,000

Who We Are:   

 What makes First Tech different? Click here to learn more!  

 Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.

 Employees are eligible for:

  • Traditional medical, dental, and vision coverage
  • Generous 401(k) match
  • Paid Time Off: - You’ll accrue up to 15 days in your first year.  In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually
  • Paid federal holidays
  • Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria

Employment Statements: 

 First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you’re applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to recruiters@firsttechfed.com and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address 

First Tech is not currently offering Visa transfer/ sponsorship for this position.  


Who We Are:
What makes First Tech different? Click here to learn more!
Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.
Employees are eligible for:
• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: You'll accrue up to 15 days in your first year. In addition, you'll receive 40 hours of sick time and 3 personal days, which refresh annually
• Paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria)
Employment Statements:
First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to recruiters@firsttechfed.com and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.
First Tech is not currently offering Visa transfer/sponsorship for this position.