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

The Senior AI Risk Advisor, under the direction of the Manager of Risk Operations, sits at the ... Lead AI risk assessments across the full model lifecycle - evaluating third-party AI vendors ...

... Treasury Management Platform and Fortress Compliance Infrastructure, ensuring Members of the ... Implement and refine fraud detection models using transaction data, user behavior, device ...

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... Treasury Management Platform and Fortress Compliance Infrastructure, ensuring Members of the ... Implement and refine fraud detection models using transaction data, user behavior, device ...

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Expertise in security risk management models (e.g., FAIR, OCTAVE, NIST RMF, ISO 27005) and regulatory frameworks. * Proficiency in threat modeling, data analytics, AI/ML, and automation tools for ...

Risk Management * Develop, implement, and maintain a risk management framework aligned with operational delivery models and client requirements. * Identify, assess, and monitor operational, safety ...

Risk Management * Develop, implement, and maintain a risk management framework aligned with operational delivery models and client requirements. * Identify, assess, and monitor operational, safety ...

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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 Jun 7, 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:
Infographic showing various Model Risk Management job openings in San Ramon, CA as of May 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $92,005 per year, or $44.2 per hour.

Senior AI Risk Advisor

Wsgr

Palo Alto, CA • On-site, Remote

Full-time

Posted 15 days ago


Job description

Wilson Sonsini is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm has approximately 1,100 attorneys in 17 offices: 13 in the U.S., two in China, and two in Europe. Our broad spectrum of practices and entrepreneurial spirit allow exceptional opportunities for professional achievement and career growth.

Wilson Sonsini is looking for a Senior AI Risk Advisor to join the Risk Operations team. The Senior AI Risk Advisor, under the direction of the Manager of Risk Operations, sits at the intersection of cutting-edge AI technology and enterprise risk - a unique opportunity to shape how one of the world's leading law firms harnesses AI responsibly. This role is ideal for someone who is deeply fluent in AI systems and excited to build governance programs that are both rigorous and innovation-enabling. You will own the firm's AI risk function end-to-end: evaluating the latest AI tools and vendors, developing the governance frameworks that guide firm-wide AI adoption, and serving as a trusted advisor to attorneys, technologists, and firm leadership navigating a fast-moving AI landscape.

This position is available as a fully virtual opportunity.

Essential Duties and Responsibilities:

  • Lead AI risk assessments across the full model lifecycle - evaluating third-party AI vendors, foundation models, and AI-powered platforms for data privacy risks, model behavior, security posture, and regulatory compliance before and after deployment
  • Architect and continuously evolve the firm's AI governance framework - designing policies, standards, and controls that are substantive, practical, and calibrated to actual AI risk rather than checkbox compliance
  • Go deep on vendor AI documentation - evaluating model cards, system cards, data processing agreements, and security questionnaires with the technical fluency to identify what matters, ask the right questions, and drive vendors toward meaningful remediation
  • Stay ahead of the AI regulatory curve - tracking developments across the EU AI Act, emerging U.S. state AI laws, bar association guidance on AI in legal practice, and frameworks such as the NIST AI RMF and ISO 42001, translating them into actionable firm guidance
  • Serve as the firm's internal AI risk expert - partnering with Information Security, IT, General Counsel, and practice group leadership to evaluate novel AI use cases with both technical depth and business judgment, enabling the firm to move fast while managing risk intelligently
  • Represent the firm's AI governance posture externally - responding to client inquiries about AI use and positioning the firm as a leader in responsible AI adoption within the legal industry
  • Perform related duties as assigned by supervisor
  • Maintain compliance with all company policies and procedures

Education and/or Work Experience Requirements:

  • Bachelor's degree required
  • One year of experience in AI risk, AI governance, information security, or technology risk; hands-on experience working with or evaluating AI/ML systems, LLMs, or AI-enabled products is highly valued
  • Relevant certifications such as AIGP are a plus but not a substitute for real AI expertise
  • Strong working knowledge of AI and machine learning concepts - including how large language models work, how generative AI systems are built and fine-tuned, common failure modes, and how AI-enabled products are actually deployed in enterprise environments
  • Solid grasp of AI risk and governance frameworks (NIST AI RMF, ISO/IEC 42001, EU AI Act) and the ability to apply them practically rather than theoretically - we want someone who knows when a framework helps and when to go beyond it
  • Solid understanding of data privacy and confidentiality considerations specific to AI systems, including training data risks, inference risks, and applicable regulations such as GDPR and CCPA
  • Experience evaluating AI vendors or conducting third-party technical due diligence, with the ability to read model documentation critically and ask substantive questions that go beyond standard security questionnaires
  • Experience in a law firm or professional services environment is a plus; more important is the ability to engage credibly with sophisticated stakeholders and translate complex AI risk concepts into clear, actionable guidance
  • Excellent communication skills - able to explain model risk, brief a committee on AI governance, and write policy that people will actually read and follow
  • Excellent computer proficiency (MS Office - Word, Excel and Outlook)
  • Comfortable working in a fast-moving environment where the AI landscape shifts faster than any governance framework can keep up - able to make sound risk judgments under ambiguity and bring stakeholders along with you
  • Self-directed and resourceful - able to build a program from the ground up, prioritize intelligently across competing demands, and drive work to completion without waiting to be told exactly how
The primary location for this job posting is in Palo Alto, but other locations may be listed. The actual base pay offered will depend upon a variety of factors, including but not limited to the selected candidate's qualifications, years of relevant experience, level of education, professional certifications and licenses, and work location. The anticipated pay range for this position is as follows:Palo Alto, New York, San Francisco: $163,200 - $220,800 per year. Austin, Boston, Boulder, Century City, Delaware, Los Angeles, Salt Lake City, San Diego, Seattle, Washington, D.C., and all other locations: $147,050 - $198,950 per year.

The compensation for this position may include a discretionary year-end merit bonus based on performance. We offer a highly competitive salary and benefits package.

Benefits information can be found here. Equal Opportunity Employer (EOE).