1

Model Risk Management Jobs in Texas (NOW HIRING)

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

next page

Showing results 1-20

Model Risk Management information

See Texas salary details

$34K

$76.7K

$128.6K

How much do model risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for model risk management in Texas is $76,703.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,200.00 and $84,300.00 per year, depending on experience, location, and employer.

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 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 are the most commonly searched types of Model Risk Management jobs in Texas? The most popular types of Model Risk Management jobs in Texas are:
What cities in Texas are hiring for Model Risk Management jobs? Cities in Texas with the most Model Risk Management job openings:
Infographic showing various Model Risk Management job openings in Texas as of May 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 85% In-person, 10% Hybrid, and 5% Remote job distribution, with an average salary of $76,703 per year, or $36.9 per hour.
Head of Governance - Model Risk Management

Head of Governance - Model Risk Management

Vangard, Inc.

Dallas, TX • On-site

Full-time

Posted 18 days ago


Job description

Overview:
We're seeking a strategic and forwardthinking Head of Governance - Model Risk Management to shape and lead an enterprisewide model risk framework in an environment where models, data, and AI are rapidly evolving. This leader will ensure models across the organization are transparent, wellgoverned, and aligned with global regulatory expectations-driving defensible practices, strong oversight, and meaningful risk insight for senior leadership and regulators.
If you are passionate about elevating governance, influencing enterprise decisionmaking, and building a culture of accountability and risk excellence, this is a highimpact opportunity to lead the future of model and AI governance.

Responsibilities:

Framework Leadership

  • Lead the development, adoption and maintenance of the model risk framework, including policies, standards, business processes, and controls.
  • Monitor industry trends to ensure the model risk framework remains effective and efficient in managing evolving risks.
  • Partner with leaders across Vanguard to ensure model risk practices are well integrated with Enterprise, Data, Technology, Operational, and AI risk frameworks.


Committees and Senior Management Engagement

  • Support the Model Risk committee and oversee establishment of supporting Divisional Model Risk Governance forums.
  • Prepare executive-level materials for Risk Committees, Audit Committees and the Board.
  • Provide meaningful insights on model risk themes, emerging issues and model performance trends.
  • Establish robust processes for challenge, escalation and dispute resolution.


Regulatory, Audit and Compliance

  • Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders.
  • Ensure timely remediation of regulatory and audit findings.
  • Stay current on evolving global regulations, execute gap assessments and drive remediation efforts to ensure on-going compliance.


Model Inventory and Risk Appetite

  • Direct cross-functional processes such as enterprise-wide model inventory attestation to support completeness and accuracy.
  • Support development and reporting of the model risk appetite and associated Key Risk Indicators.


Technology, Data and Processes

  • Partner with the technology product owner to define requirements for model life cycle platforms.
  • Ensure governance processes are automated, scalable and executed to high data quality standards.


Leadership and Stakeholder Management

  • Lead the team of governance professionals.
  • Partner closely with the broader model risk community and connecting stakeholders (Developers, Owners, Validators, IT, Audit, AI and Enterprise Risk).
  • Promote a culture of transparency, accountability and the risk mindset.


Qualifications:

  • Advanced degree in a technical field (e.g., math, statistics, computer science).
  • At least eight years of relevant experience, including four years developing enterprise-wide policies, standards and protocols in model risk, AI or a related discipline.
  • Deep knowledge of model risk frameworks (SR11-7, SS1/23); experience with AI frameworks and the EU AI Act preferred.
  • Ability to drive enterprise-wide change and managing complex stakeholder environments.
  • Strong analytical, problem-solving and decision-making capabilities.
  • Exceptional communication and executive-presence skills with proven experience presenting to senior committees and managing executive-level stakeholders.

Special Factors

Sponsorship

Vanguard is offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission-we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.