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Model Risk Manager Jobs in Nevada (NOW HIRING)

Implement AIOps/MLOps and model governance practices aligned with banking regulations and internal Model Risk Management (MRM) standards. * Partner with Risk, Compliance, Legal, Cybersecurity, and ...

Model and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit ... As a Senior Manager you will support the firm's AI Governance Program development and manage risk ...

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Model Risk Manager information

See Nevada salary details

$52.4K

$113.6K

$173.1K

How much do model risk manager jobs pay per year?

As of May 28, 2026, the average yearly pay for model risk manager in Nevada is $113,598.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,600.00 and $131,400.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Model Risk Manager, and why are they important?

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 are some 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 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 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 are popular job titles related to Model Risk Manager jobs in Nevada? For Model Risk Manager jobs in Nevada, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Nevada look for? The top searched job categories for Model Risk Manager jobs in Nevada are:

Risk Manager- Mining Construction

Turner & Townsend

Las Vegas, NV

$140K - $160K/yr

Full-time

Posted 28 days ago


Job description

Company Description

From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations.

With offices located globally, you're never far away from our services. Working from 118 offices in 50 countries, we make the difference to projects across the real estate, infrastructure and natural resources sectors worldwide.

Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.

Job Description

Turner & Townsend is looking for a Risk Manager to join our team growing team. The ideal individual will be an experience risk professional that has supported large scale construction projects.

Responsibilities:

  • Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
  • Use risk data to inform investment planning.
  • Monitor overall risk exposure and assess against the remaining risk budget.
  • Work with contractors to assess contractor held risks and their views on client held risks that impact upon them.
  • Produce risk reports as required, in a timely manner, to support the effective communication of threat & opportunity status.
  • Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
  • Initiate a proactive approach to the review, development and improvement of the risk management service to the client.
  • Undertake end-to-end project risk management practice on multiple projects/programs.
  • Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies and frameworks.
  • Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
  • Lead and run a comprehensive schedule and cost qualitative risk assessment (QCRA & QSRA) process is delivered.
  • Establish integration of the risk management function within the program and project controls team, with direct touch points to cost and schedule management, change control and reporting.
  • Work proactively and collaboratively with program and project control teams to eliminate redundancies and identify improvement opportunities.
  • Provide opportunities to facilitate the transfer of knowledge within the immediate risk team, to the greater project controls team and to the client. The transfer of knowledge may include informal one-one-one discussions with client stakeholders and more formal presentations to clients and colleagues.
  • Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
  • Collaborate on the supplier performance management program including the collection of performance metrics and tracking of supplier improvement action plans.
  • Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
  • Lead, manage, and carryout construction stage contract and claims management.
  • Carry out assessment of contractual claims in accordance with the contract.
  • Provide strategic and contractual advice on disputes and related resolution issues.
  • Evaluate delay recovery measures.
  • Carry out change management and construction stage cost control.
  • Supervise the measurement and valuation of completed works and variations.
  • Manage the settlement of final accounts with contractors.
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable. 
Qualifications
  • Bachelor's degree in engineering or equivalent in relevant discipline
  • 8+ years' relevant experience within the construction industry.
  • Relevant construction project procurement and contract management experience.
  • Demonstrated experience within a Program Management or Program Controls environment
  • Deep knowledge and experience with risk identification facilitation and techniques.
  • Strong communication, analytical and negotiation skills.
  • In-depth understanding of construction contracts, commercials models and delivery methods.
  • Proficient in process mapping, root causes analysis, problem solving, and value-stream mapping.
  • Familiarity with web-based database tools - ARM, Predict, Tableau
  • Highly self-motivated, analytical, and customer centric.
  • Excellent interpersonal skills including great communication.
Additional Information

The salary range for this full-time role is $140,000-$160,000 per year. Ranges are determined by role and level and represent a good faith effort to provide a fair and equitable salary. This range is a reflection of base salary only, not of a total compensation package. Please note Turner & Townsend reserves the right to pay more or less than the posted range, depending on candidate's experience and qualifications. 

*On-site presence and requirements may change depending on our client's needs* 

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change. 

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.  

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community. 

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/ 

All your information will be kept confidential according to EEO guidelines. 

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. 

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.