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Model Risk Management Jobs in San Ramon, CA (NOW HIRING)

AI Auditor, Senior

Oakland, CA · On-site

$90K - $136K/yr

... model risk management, or related assurance functions * Experience with artificial intelligence, machine learning, advanced analytics, automation, AI platforms, AI governance, model risk, or emerging ...

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Model Risk Management information

See San Ramon, CA salary details

$40.8K

$92K

$154.2K

How much do model risk management jobs pay per year?

As of Jul 10, 2026, the average yearly pay for model risk management in San Ramon, CA is $92,005.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,800.00 and $101,100.00 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 job categories do people searching Model Risk Management jobs in San Ramon, CA look for? The top searched job categories for Model Risk Management jobs in San Ramon, CA are:
What cities near San Ramon, CA are hiring for Model Risk Management jobs? Cities near San Ramon, CA with the most Model Risk Management job openings:
Senior Associate, National Security-Cyber Security Governance

Senior Associate, National Security-Cyber Security Governance

Alvarez & Marsal

San Francisco, CA • On-site

$117K - $151K/yr

Full-time

Medical, Life, Retirement, PTO

Re-posted 7 days ago


Job description

Description
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.
The team
At A&M you will have the opportunity to work with a diverse team of supportive and motivated professionals that love to share their knowledge and depth of industry experience with others. A&M's Disputes and Investigations practice comprises professionals from a wide range of backgrounds, who bring and share their deep expertise in conducting investigations and delivering expert witness reports. We have an inclusive developmental environment where everyone has the opportunity to learn and grow. Our culture is characterized by openness and entrepreneurial thinking, with a foundation of mutual respect and high-quality standards for our work. We strive to remove bureaucracy in favor of recognizing effort and results through advancement opportunities and a motivating performance-based reward structure.
How you will contribute
With the rapid adoption of AI technologies and evolving regulatory landscape, demand for AI-focused security analysis and compliance expertise is growing exponentially. Our team supports organizations, investors and counsel in identifying, assessing, and mitigating risks associated with AI system deployment, algorithmic bias, data privacy, and model security. We focus on implementing secure AI/ML pipelines, establishing AI governance frameworks, conducting model risk assessments, and ensuring compliance with emerging AI regulations. Our approach integrates traditional cybersecurity with AI-specific security controls, leveraging automated testing, model monitoring, and adversarial robustness techniques. The team serves as trusted advisors to organizations navigating AI regulatory requirements, security certifications, and responsible AI implementation.
Responsibilities:
• Lead technical teams in executing AI security assessments, model audits, and compliance reviews related to AI Act (EU), NIST AI Risk Management Framework, ISO/IEC 23053/23894, and emerging AI governance standards. Develop AI risk assessment methodologies and implement continuous monitoring solutions for production ML systems.
• Design and implement secure AI/ML architectures incorporating MLOps security practices, including model versioning, data lineage tracking, feature store security, and secure model deployment pipelines. Integrate security controls for Large Language Models (LLMs), including prompt injection prevention, output filtering, and embedding security.
• Conduct technical assessments of AI/ML systems using tools such as:
• AI Security Tools: Adversarial Robustness Toolbox (ART), Foolbox, CleverHans for adversarial testing
• MLOps Platforms: MLflow, Kubeflow, Amazon SageMaker, Azure ML, Google Vertex AI
• Model Monitoring: Evidently AI, Fiddler AI, WhyLabs, Neptune.ai for drift detection and explainability
• LLM Security: Guardrails AI, NeMo Guardrails, LangChain security modules, OWASP LLM Top 10 tools
• Privacy-Preserving ML: PySyft, TensorFlow Privacy, Opacus for differential privacy implementation
• Implement AI compliance and governance solutions addressing:
• Regulatory Frameworks: EU AI Act, Canada's AIDA, US AI Executive Orders, Singapore's Model AI Governance Framework
• Industry Standards: ISO/IEC 23053, ISO/IEC 23894, IEEE 7000 series, NIST AI RMF
• Sector-Specific Requirements: FDA AI/ML medical device regulations, GDPR Article 22 (automated decision-making), SR 11-7 model risk management
• Develop and execute penetration testing specifically for AI systems, including:
• Model extraction attacks and defenses
• Data poisoning vulnerability assessments
• Membership inference and model inversion testing
• Prompt injection and jailbreaking assessments for LLMs
• Backdoor detection in neural networks
• Program and deploy custom security solutions using:
• Languages: Python (PyTorch, TensorFlow, scikit-learn), R, Julia
• AI Frameworks: Hugging Face Transformers, LangChain, LlamaIndex, AutoML tools
• Security Libraries: SHAP, LIME for explainability; Fairlearn, AIF360 for bias detection
• Infrastructure: Docker, Kubernetes, Terraform for secure AI deployment
• Integrate AI security with traditional security frameworks including Zero Trust architecture, IAM solutions, and SIEM platforms. Implement automated compliance monitoring using AI-powered security orchestration tools (SOAR platforms like Splunk Phantom, Palo Alto Cortex XSOAR).
• Assess and mitigate risks in:
• Foundation models and transfer learning implementations
• Federated learning systems
• Edge AI deployments
• Multi-modal AI systems
• Generative AI applications (GPT, DALL-E, Stable Diffusion implementations)
• Create technical documentation including AI system security architecture reviews, threat models specific to ML pipelines, compliance mappings, and remediation roadmaps aligned with both traditional security standards (NIST 800-53, ISO 27001) and AI-specific frameworks.
• Availability for up to 15% travel required to client sites and assessment locations.
Qualifications:
• 3+ years of experience in AI/ML development, deployment, or security assessment
• 2+ years of experience in information security, with focus on application security or cloud security
• Hands-on experience with AI/ML frameworks (TensorFlow, PyTorch, scikit-learn, Hugging Face)
• Proficiency in Python programming with experience in AI/ML libraries and security testing tools
• Experience with cloud AI platforms (AWS SageMaker, Azure ML, Google Vertex AI, Databricks)
• Knowledge of AI compliance frameworks: NIST AI RMF, EU AI Act requirements, ISO/IEC 23053/23894
• Experience with MLOps tools and secure model deployment practices
• Understanding of adversarial machine learning and AI security threats (OWASP ML Top 10, ATLAS framework)
• Familiarity with privacy-preserving ML techniques (differential privacy, federated learning, homomorphic encryption basics)
• Experience with containerization (Docker, Kubernetes) and infrastructure as code
• Knowledge of traditional security frameworks (NIST CSF, NIST 800-53, ISO 27001)
• Ability to obtain a USG security clearance
Preferred Certifications:
• One or more AI/ML certifications: AWS Certified Machine Learning, Google Cloud Professional ML Engineer, Azure AI Engineer
• Security certifications: CISSP, CCSP, CompTIA Security+, CEH
• Specialized: GIAC AI Security Essentials (GAISE), Certified AI Auditor (when available)
Your journey at A&M
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs
The salary range is $80,000 - $110,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
A&M does not require or administer lie detector tests as a condition of employment or continued employment. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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