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Model Risk Manager Jobs in Arizona (NOW HIRING)

Program Manager - AI Engineering

Phoenix, AZ · On-site

$122K/yr

Understanding of model risk management, governance, and compliance within financial services * Demonstrated Executive Partnership & Influence * Supporting senior executives, business leaders, or ...

Program Manager - AI Engineering

Phoenix, AZ · On-site

$122K/yr

Understanding of model risk management, governance, and compliance within financial services * Demonstrated Executive Partnership & Influence * Supporting senior executives, business leaders, or ...

Program Manager - AI Engineering

Phoenix, AZ · On-site

$122K/yr

Understanding of model risk management, governance, and compliance within financial services * Demonstrated Executive Partnership & Influence * Supporting senior executives, business leaders, or ...

The Manager, Physical Security Initiatives will play a key role in designing and delivering this ... Model Composure, Leadership, and Decisive Action: Demonstrate calm judgment, proactive problem ...

Sr. Risk Analyst

Scottsdale, AZ · Hybrid

$84K - $105K/yr

Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Lead various enterprise risk management projects as delegated by the Senior Director of Enterprise ...

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Showing results 41-60

Model Risk Manager information

See Arizona salary details

$48K

$104K

$158.4K

How much do model risk manager jobs pay per year?

As of Aug 6, 2026, the average yearly pay for model risk manager in Arizona is $103,958.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,900.00 and $120,200.00 per year, depending on experience, location, and employer.

What are common challenges a model risk manager faces when validating complex financial models?

Model Risk Managers often encounter challenges such as limited or incomplete data, evolving regulatory requirements, and the need to validate highly complex or proprietary models. They must work closely with model developers, quantitative analysts, and compliance teams to ensure all assumptions and methodologies are sound. Staying up to date with industry best practices and maintaining clear documentation are also crucial, as is effectively communicating findings to both technical and non-technical stakeholders.

What is the difference between Model Risk Manager vs Quantitative Analyst?

AspectModel Risk ManagerQuantitative Analyst
Required CredentialsAdvanced degrees in finance, statistics, or mathematics; certifications like FRM or CFADegree in finance, economics, mathematics, or related fields; often CFA or CQF
Work EnvironmentFocus on risk management teams within financial institutions; regulatory complianceAnalytical roles within trading, investment, or banking divisions; model development
Employer & Industry UsageFinancial institutions, banks, asset managersInvestment firms, hedge funds, banks, financial services

The Model Risk Manager primarily oversees and mitigates risks associated with financial models, ensuring compliance and accuracy. In contrast, Quantitative Analysts develop and implement models to support trading, investment, or risk strategies. While both roles require strong quantitative skills and similar credentials, their focus areas differ—risk management versus model development and analysis.

What skills and qualifications are needed to be a model risk manager?

To thrive as a Model Risk Manager, you need a solid background in quantitative finance, statistics, or mathematics, often supported by an advanced degree and experience in model development or validation. Familiarity with programming languages such as Python or R, risk management frameworks, and regulatory requirements like SR 11-7 or ECB guidelines is typically expected. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for articulating complex model risks to stakeholders. These competencies are vital for ensuring the accuracy, compliance, and reliability of financial models within an organization.

What does a model risk manager do?

A Model Risk Manager is responsible for identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. They ensure that models are accurate, reliable, and compliant with regulatory standards by overseeing validation processes and monitoring model performance. Their role often includes collaborating with model developers, conducting independent reviews, and implementing model governance frameworks to minimize potential losses or errors stemming from model misuse or inaccuracies.
What are popular job titles related to Model Risk Manager jobs in Arizona? For Model Risk Manager jobs in Arizona, the most frequently searched job titles are:
What cities in Arizona are hiring for Model Risk Manager jobs? Cities in Arizona with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in Arizona as of July 2026, with employment types broken down into 86% Full Time, 12% Part Time, 1% Temporary, and 1% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $103,958 per year, or $50 per hour.

Senior Construction Specialties Risk Engineering Consultant

Zurich Insurance Group

Phoenix, AZ • On-site, Remote

Other

Re-posted 26 days ago


Job description

Senior Construction Specialties Risk Engineering Consultant: Arizona or California. 

Zurich is currently looking for a Senior Construction Specialties Risk Engineer for the Builders Risk Line of Business. This is a work from home virtual role with a periodic office presence, to reside within the above noted area. Ideally, candidates would be located near a major airport.  The role includes a company car with expected travel of 25-30%.


You will be responsible for leveraging Zurich's risk engineering tools and services to improve customer risk and facilitate general account management of customers who purchase Zurich Construction's Builder's Risk Insurance product. You will be responsible for managing business partner relationships within the region. Risk Engineering services will include remote and onsite surveys and risk assessments of construction companies and projects to include large data centers and the energy sector, as well as the overall operations review of existing and prospective customers. Risk Engineers also provide technical support to customers, underwriters and the claims department by identifying improvement strategies, preparing external reporting to the marketplace, preparing internal reports which form the basis of underwriting, claims and other insurance decisions to identify and manage risk.


Final candidates will be subject to a Motor Vehicle Record background check as this position includes a company car.


Basic Qualifications:

We select team players who are strategic thinkers, creative, confident and self-motivated. In addition, you must possess:

  • Bachelor's Degree with 6 or more years of experience in the Construction, Engineering, or Risk Consulting field
    OR
  • High School Diploma or Equivalent and 8 or more years of experience in the Construction, Engineering, or Risk Consulting field
    OR
  • Zurich Certified Apprentice, including an Associates degree and 6 or more years of experience in the Risk Engineering area
    AND
  • Experience working in a team environment 


Preferred Qualifications:

 

  • Have a high level of computer literacy and be proficient in Microsoft Office
  • Be experienced working in both independent and team environments
  • Bachelor's degree in either Engineering, Construction Management, Building Technology, or equivalent
  • 20 or more years of combined experience in Construction Management/Project Management/Engineering consulting
  • Construction experience with an advanced level of knowledge of construction processes, quality management and associated risks and exposures
  • Experience with data center construction
  • Experience in energy projects (i.e. solar panel installations, geothermal power plants, hydroelectric dams, biomass power plants, nuclear power stations and SMR's, power transmission lines, energy storage facilities)
  • Knowledge of NFPA 70E Standards
  • Hazard identification & mitigation skills; analytical aptitude
  • Knowledge of project cost/scheduling and supply chains in construction
  • Knowledge of Zurich Construction Builder's Risk Insurance product
  • Awareness of Construction Workforce and Economic issues
  • Intermediate knowledge of exposures, controls and best practice risk improvement methodologies
  • Capable of public speaking, presentation skills, developing programs to address industry needs and marketing/consulting services for fee
  • Comfortable with technology, building information modeling, and standard computer software programs and communication applications
  • Professional certifications: CCM, P.E., PMP, AIA, LEED AP, etc.
  • Excellent interpersonal, communication and consulting skills
  • Strong leadership and management skills
  • Advanced Technical Writing skills
  • Advanced Microsoft Office skills, iOS/iPad Skills, Virtual Consulting
  • Willingness to embrace the Zurich Basics, including our values of integrity, Sustainability, Customer Centricity, Excellence and Teamwork

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us. The pay range shown is a national average and may vary by location. The proposed Salary range for this position is $100,200.00 - $164,100.00, with short-term incentive bonus eligibility set at 15%.

 

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

 

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future-for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code 1033.

 

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Los Angeles, AM - San Francisco, AM - California Virtual Office, AM - Arizona Virtual Office, AM - Sacramento, AM - Phoenix, AM - San Diego, AM - Pasadena, AM - Scottsdale, AM - San Jose, AM - Riverside, AM - San Bernardino
Remote Working: Yes
Schedule: Full Time
Employment Sponsorship Offered: No  
Linkedin Recruiter Tag: #LI-AW1 #LI-ASSOCIATE #LI-REMOTEÂ