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Model Risk Management Jobs in Utah (NOW HIRING)

... models) in partnership with Data Science and Engineering * Own portfolio governance, including vintage performance, delinquency trends, loss forecasting, and concentration risk management, with ...

Senior Manager-Compliance

Sandy, UT · On-site

$103K - $174K/yr

Support compliance risk assessments for new capabilities and launches * Advise on evolving ... Flexible working model with hybrid, onsite or virtual arrangements depending on role and business ...

... risk identification, issue management, reporting, and documentation across First Line Risk. * Share best practices and lessons learned to strengthen the overall First Line Risk operating model.

... risk identification, issue management, reporting, and documentation across First Line Risk. * Share best practices and lessons learned to strengthen the overall First Line Risk operating model.

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Model Risk Management information

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$33.2K

$75K

$125.6K

How much do model risk management jobs pay per year?

As of Jun 18, 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 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 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 cities in Utah are hiring for Model Risk Management jobs? Cities in Utah with the most Model Risk Management job openings:
Infographic showing various Model Risk Management job openings in Utah as of June 2026, with employment types broken down into 82% Full Time, 16% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $74,951 per year, or $36 per hour.

Senior Analyst, Strategy Monitoring & Analytics

Synchrony Financial

Draper, UT • On-site

Full-time

Posted yesterday


Synchrony Financial rating

9.0

Company rating: 9.0 out of 10

Based on 48 frontline employees who took The Breakroom Quiz

2nd of 138 rated financial services


Job description

Role Summary/Purpose

The Senior Analyst, Strategy Monitoring & Analytics , is part of the Strategy Monitoring pillar of the Model Operations & Analytics (MO&A) Center of Excellence and focuses on executing upon customer decisioning strategies. The analyst supports the maintenance of timely and accurate performance reporting, documenting results for governance and credit forums and identifying performance variances. This role also aligns closely with the Strategy Monitoring lead, executing on strategy changes and collaborating with strategy owners directly on KPIs and performance metrics.

Essential Responsibilities

  • Provide monitoring results for strategy changes relative to expected outcomes

  • Adhere to and maintain alignment between model changes and strategy updates

  • Support collaboration with strategy owners to define KPIs, dashboards, and real-time reporting tools for strategy monitoring

  • Prepare inputs for strategy risk reports, audit reviews, and regulatory requests, ensuring traceability and completeness of monitoring evidence.

  • Work cross functionally with strategy leads to support their analytics of strategies and models

  • Support business leaders in driving timely course corrections due to execution gaps or divergence from strategic targets.

  • Perform segmentation, cohort analysis, and experimentation to evaluate strategy impact.

  • Adhere to governance principles over strategic initiative reviews and reporting cycles.

  • Leverage tools such as SQL, Tableau, or Python to monitor trends and deliver insights that influence strategic recalibration.

  • Maintain awareness of internal control and regulatory standards.

  • Prepare inputs for mode/strategy risk reports, audit reviews, and regulatory requests, ensuring traceability and completeness of monitoring evidence.

  • Participate in cross-functional working sessions to evaluate monitoring outcomes and support continuous improvement initiatives.

  • Perform other duties and/or special projects as assigned.

Qualifications/Requirements

  • Bachelor's degree and 2+ years of analytics experience in areas such as strategy analytics, credit risk, business performance monitoring, or decision science in a financial services or regulated environment; or lieu of a Bachelor's Degree, a High School diploma / GED and a minimum of 5+ years of analytics experience in areas such as strategy analytics, credit risk, business performance monitoring, or decision science in a financial services or regulated

  • 2 years of experience working with tools such as SQL, Tableau, Python, or other analytics and visualization platforms, with experience delivering actionable insights to senior audiences.

  • Good critical thinking skills with analytical problem-solving mindset

  • Ability and flexibility to travel for business as required

Desired Skills

  • Bachelor's degree in a quantitative, analytical, or business-related discipline (e.g., Statistics, Economics, Finance, Data Science, Business Analytics)

  • Strong verbal and written communication and detailed-oriented documentation

  • Strong understanding of the consumer credit lending lifecycle and card programs

  • Ability to effectively share knowledge by translating complex, technical subject matter

  • Strong understanding of model evaluation metrics such as precision, recall, F1

  • Familiarity with modeling approaches such as logistic regression, XGBoost and tree ensembles

  • Understanding of the Lines of Defense (2nd Line Strategy Validation and 3rd Line Internal Audit)

  • Familiarity with model governance frameworks, regulatory expectations, and internal audit processes (e.g., SR 11-7 compliance, , Model Risk Management policies MRM policies).

Grade/Level: 09

The salary range for this position is 85,000.00 - 140,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

Salaries are adjusted according to market in CA, NY Metro and Seattle.

Our Way of Working:

We're proud to offer you flexibility. At Synchrony, our way of working allows you to have the option to work from home near one of our Hubs or come into one of our offices.You will be required to commute to your nearestHub (either virtual or physical) for in-person engagement activities such as regularbusiness or team meetings, training and culture events.

*Field Sales and some Commercial team roles may have varied location requirements based upon partner obligations or preferences.

Eligibility Requirements:

  • You must be 18 years or older

  • You must have a high school diploma or equivalent

  • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process

  • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

  • New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).

Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Our Commitment:

When you join us, you'll be part of an inclusive culture where your individual skills, experience, and voice are not only heard - but valued. Together, we're building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.

This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. We're proud to have an award-winning culture for all.

Reasonable Accommodation Notice:

  • Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

  • If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time

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Data Analytics

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