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Model Risk Management Jobs in Utah (NOW HIRING)

TAB Bank

Model Risk Management Analyst

Ogden, UT

We are looking for a Model Risk Management Analyst to join our BI/Data Analytics team at TAB Bank in Ogden, UT. The primary function of this role will be to support the Bank's strategic partner ...

New

Western Ag Credit

Risk Analyst

South Jordan, UT · On-site

$57K - $85K/yr

Conduct risk analysis and modeling to inform corporate business planning and management decision making. * Contribute to the development, implementation, and/or maintenance of appropriate reporting ...

Western Ag Credit

Risk Analyst

Spanish Fork, UT · On-site

$57K - $85K/yr

Conduct risk analysis and modeling to inform corporate business planning and management decision making. * Contribute to the development, implementation, and/or maintenance of appropriate reporting ...

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Model Risk Management information

See Utah salary details

$33.2K

$75K

$125.6K

How much do model risk management jobs pay per year?

As of Jul 9, 2026, the average yearly pay for model risk management in Utah is $74,951.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,900.00 and $82,400.00 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 Utah? The most popular types of Model Risk Management jobs in Utah are:
What are popular job titles related to Model Risk Management jobs in Utah? For Model Risk Management jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Utah look for? The top searched job categories for Model Risk Management jobs in Utah are:
What cities in Utah are hiring for Model Risk Management jobs? Cities in Utah with the most Model Risk Management job openings:
Model Risk Management jobs near you
Model Risk Management Analyst

Model Risk Management Analyst

TAB Bank

Ogden, UT

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

New

Job description

We are looking for a Model Risk Management Analyst to join our BI/Data Analytics team at TAB Bank in Ogden, UT.  The primary function of this role will be to support the Bank’s strategic partner program by conducting reviews of the statistical/machine learning models used in underwriting and the overall model risk associated with each partnership. The individual in this role will be a leader in managing the policies, standards, and procedures governing model development and model risk management.  By implementing sound model risk management practices and validating internal and external models, the analyst will keep an eye towards risk to ensure models follow set standards and do not expose the bank to undue risk. As time allows, a secondary function of this role will include working with BI analysts on data exploration and analysis.

The role will report directly to the Business Intelligence Manager. We are looking for someone who enjoys working with good people, building relationships, and leveraging those relationships to make a meaningful positive impact on TAB Bank. The ideal candidate will be detail oriented, principled, resourceful, inquisitive, a learner, a problem solver and driven by outcomes versus outputs.   We need an individual who is seeking professional growth and development and is anxious to take on additional responsibility over time.

Essential Duties and Responsibilities:

  • Lead the management of the policies, standards, and procedures governing model development and model risk management.
  • Manage the Strategic Partner Model Inventory, including risk and criticality grading.
  • Evaluate Strategic Partner models for conceptual soundness.
  • Complete ongoing monitoring and review outcomes for Strategic Partner models.
  • Provide effective challenge to model development and monitoring practices to enact change when necessary.
  • Work with internal and external auditors when they review Model Risk Management at TAB.
  • Performing credit and model risk due diligence on potential new partners
  • Ability to take the lead to identify potential issues and opportunities for improvement and work with multiple employees on different teams to implement solutions.
  • Participating or leading various projects to improve processes or better manage risk for the Bank.
  • Other duties as assigned.

Required education and experience:

  • Bachelor’s degree in a technical discipline
  • Strong understanding of regression and classification models with the ability to interrogate model design, methodology, and validation
  • Familiarity with machine learning models
  • Ability to build and manage analytical and statistical models

 Preferred education and experience:

  • Graduate degree or 1-2 years of experience in a technical discipline.
  • Ability to program and conduct analysis using SQL, R, Python, SAS or similar applications
  • Familiarity with relational databases.
  • Experience with data visualization tools such as Tableau, Power BI, etc.

 Competencies:

  • Ability to read and write SQL queries and experience with Python.
  • Demonstrated ability for critical thinking and problem-solving.
  • Demonstrated ability in communicating effectively, both verbally and written
  • Strong Microsoft application knowledge (Excel, Word, Outlook)
  • Strong time management and organizational skills for managing multiple initiatives and relationships with Strategic Partners simultaneously.
  • Excellent collaborator and team player. Capable of building meaningful professional relationships with a diverse group including executives, managers, and subject matter experts.

TAB Bank Offers:

  • Onsite Gym
  • Tuition Reimbursement
  • Paid Holidays
  • Gym Reimbursement
  • College Scholarships for Employees and Families
  • 401(k)
  • Paid Time Off (PTO)
  • Employee Assistance Program (EAP)
  • I Made the Grade
  • Holiday Club Program
  • Medical, Dental, Vision, Life and AD&D, Voluntary Disability, Flex Spending & Dependent Care

TAB Bank will not sponsor applicants for work visas.

    Apply