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Model Risk Management Jobs in Portland, OR (NOW HIRING)

Cascade Management's Service Model is the foundation of everything we do and is expected to be ... maintenance, risk management, expense control, information reporting, and compliance with ...

Senior Community Manager

Portland, OR · On-site

$72K - $83K/yr

Cascade Management's Service Model is the foundation of everything we do and is expected to be ... maintenance, risk management, expense control, information reporting, and compliance with ...

Establish and operationalize new customer support channels, including onshore and offshore models ... Apply program and project management best practices for planning, execution, risk management, and ...

Senior M&A Finance Manager

Portland, OR · On-site

$115K - $157K/yr

Strong financial modeling, analytical, and problem-solving skills, with the ability to translate ... Strong program and project management skills, including planning, milestone tracking, risk ...

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Model Risk Management information

See Portland, OR salary details

$38.7K

$87.3K

$146.3K

How much do model risk management jobs pay per year?

As of Jun 19, 2026, the average yearly pay for model risk management in Portland, OR is $87,311.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,300.00 and $96,000.00 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 Portland, OR? The most popular types of Model Risk Management jobs in Portland, OR are:
What are popular job titles related to Model Risk Management jobs in Portland, OR? For Model Risk Management jobs in Portland, OR, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Portland, OR look for? The top searched job categories for Model Risk Management jobs in Portland, OR are:
Infographic showing various Model Risk Management job openings in Portland, OR as of June 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $87,311 per year, or $42 per hour.

Manager and Actuary (Actuarial Modeling Team)

Standard, The

Portland, OR

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago


Job description

The next part of your journey is right around the corner - with The Standard.

A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we've been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary:

The Standard seeks a talented actuarial Manager to join the Actuarial Modeling Team (AMT) within Corporate Actuarial and Risk Management (CARM). This role is responsible for overseeing BusinessasUsual (BAU) execution, workflow coordination, and team operations for a defined modeling scope, with a primary focus on the Retirement Plan product line and opportunities to expand into Individual Annuities.

This role partners closely with Product Line stakeholders and crossfunctional actuarial teams to ensure consistent, highquality delivery of recurring actuarial outputs while strengthening team scalability and execution to enable senior leaders to focus on strategic initiatives, framework development, and cross team alignment.

Key Responsibilities:

BAU Execution & Operational Oversight: Own BAU results for the assigned modeling scope, including coordinating daytoday workflow, tracking deliverables, and ensuring outputs meet quality and timing expectations. Ensure BAU results are accompanied by clear, endtoend storytelling by connecting model outputs to underlying drivers, trends, and business context so results form a coherent and sensible narrative rather than isolated numbers. Proactively identify execution risks, explain emerging signals or anomalies, and help resolve bottlenecks to support reliable, insightdriven delivery.

FirstLayer Review: provide firstround review and quality assurance for routine actuarial outputs.

Model Stewardship: Ensure model and process changes are supported by appropriate testing and documentation and reinforce consistent modeling and governance standards across the team.

Training & Team Development: Lead structured onboarding and foundational training for junior actuarial staff, including delivery of standardized AXIS, projection and modeling process training. Provides ongoing coaching, feedback, and guidance to reinforce best practices in documentation, problem structuring, and analytical rigor while reinforcing modeling standards, and reducing execution bottlenecks.

Process Consistency & Collaboration: Reinforce consistent use of established processes, templates, checklists, and playbooks. Collaborate with Product Line and actuarial partners to support BAU execution and model changes. Communicate execution status, priorities, and risks to leadership.

Flexibility to Support AdHoc Requests & Business Initiatives: Support new business initiatives, whatif analyses, and crossline projects with building capacity flexibility, contributing modeling insights and execution support as needed.

Skills and Background You'll Need:

Education: Bachelor's degree (or equivalent combination of education and experience) in mathematics, actuarial science, business or a related field preferred.

Certification: FSA or equivalent international designation. (strongly preferred)

Experience:

  • 5-8 years of progress actuarial experience with demonstrated experience supporting BAU actuarial modeling and reporting using GGY AXIS, including results analysis, execution ownership, result review, quality assurance, and enhance story telling.
  • Handson AXIS modeling expertise (required), including model runs, output review, run controls, and troubleshooting
  • Business knowledge of Retirement Plan or Individual Annuity products, with an understanding of how modeling and projection results support BAU reporting and business decisions.
  • Ability to reinforce strong modeling practices, including documentation standards, testing discipline, and adherence to governance and changecontrol expectations.
  • Effective communicator able to collaborate with Product Line and modeling partners and clearly explain AXIS results and modeling considerations.
  • Experience with projection modeling and reporting (e.g., CFT, effective duration, EEV, or similar forwardlooking metrics), including analysis and explanation of results. (preferred)

Key Behaviors of a Successful Candidate:

Winning together: Excellent verbal and written communication skills with the ability to develop influential and collaborative relationships within the team and across the organization to support project execution, communicate progress, and help to accomplish common business goals. Contributes expertise within area of responsibility and is able to translate complex ideas into easily understandable concepts that influence outcomes through execution leadership and partnership.

Strategic Visioning: Uses business context, data, and team insights to support strategy development and align team priorities with broader organizational goals. Helps define practical success metrics for assigned work. Strong organizational skills and attention to detail in a matrixed actuarial environment.

Driving success: Ability to drive team performance to goals. Provides training, coaching and development to immediate team members. Important role as a mentor to others in the actuarial team. Creates clarity, sets bold goals, and champions execution with a sense of purpose and urgency.

Improvement Mindset: Identifies opportunities to improve processes and workflows within the team. Applies problemsolving skills and introduces practical enhancements to support better outcomes and increased efficiency to take us "next level".

Engaging Hearts & Minds: Fosters empowered, collaborative teams and cultivates trusted relationships across functions.

#LI-Remote

Why Join The Standard?

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

  • A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions

  • An annual incentive bonus plan

  • Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually - PTO increases with tenure

  • A supportive, responsive management approach and opportunities for career growth and advancement

  • Paid parental leave and adoption/surrogacy assistance

  • An employee giving program that double matches your donations to eligible nonprofits and schools

In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard.

  • Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Salary Range:

$130,250.00 - $208,000.00

Positions will be posted for at least 5 days from original posting date.

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. The Standard offers a drug- and alcohol-free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on The Standard's property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant's specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.