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Model Risk Manager Jobs in North Carolina (NOW HIRING)

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...

Reports validation results and model risk trends/metrics to Enterprise Model Risk Management leadership. * Performs the independent model validation process aligned with the written risk and ...

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Quant Audit Manager

Charlotte, NC

$101K - $133K/yr

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Quant Audit Manager

Charlotte, NC · On-site

$101K - $133K/yr

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Quant Audit Manager

Raleigh, NC

$101K - $132K/yr

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Quant Audit Manager

Winston Salem, NC

$96K - $125K/yr

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Manages strategic initiatives and assists with the development and implementation of a risk-based ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

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Showing results 1-20

Model Risk Manager information

See North Carolina salary details

$46.8K

$101.4K

$154.5K

How much do model risk manager jobs pay per year?

As of Jun 14, 2026, the average yearly pay for model risk manager in North Carolina is $101,382.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,800.00 and $117,200.00 per year, depending on experience, location, and employer.

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 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 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 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 job categories do people searching Model Risk Manager jobs in North Carolina look for? The top searched job categories for Model Risk Manager jobs in North Carolina are:
What cities in North Carolina are hiring for Model Risk Manager jobs? Cities in North Carolina with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in North Carolina as of June 2026, with employment types broken down into 95% Full Time, 4% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $101,382 per year, or $48.7 per hour.
Senior Capital Oversight Risk Manager

Senior Capital Oversight Risk Manager

Truist

Charlotte, NC

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago


Truist rating

8.3

Company rating: 8.3 out of 10

Based on 109 frontline employees who took The Breakroom Quiz

34th of 141 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:The Senior Capital Oversight Risk Manager serves as a senior subject matter expert, providing independent oversight of Truist's capital management processes, including capital stress testing, regulatory interpretations and capital planning. Provide independent strategic risk perspectives to the Chief Risk Officer, Chief Financial Officer, Treasurer, and the Risk Committee of the Boards.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Provide strategic risk advisory to the Chief Risk Officer, Chief Financial Officer, Treasurer, and the Risk Committee of the Boards.

2. Assess capital goals, estimation methodologies / measurements and underlying controls.

3. Define the respective capital risk appetite in coordination with Executive Management and ensure that Treasury is operating within it.

4. Advocate Truist's risk culture throughout the Capital Planning process; educate teammates on sound risk management practices. Lead, drive and embed best practice and pragmatic risk/control management

5. Deliver a dynamic Capital Oversight Report to the Risk Committee of the Boards that outlines observations, conclusions, and risk-enhancing recommendations.

6. Conduct control testing of high-risk areas of the Capital Planning process while reviewing design and effectiveness.

7. Independently review balance sheet and income statement forecasted results for reasonableness.

8. Conduct regulatory mapping (e.g., SR 15-19) against the current Capital Planning environment to ensure Treasury and other forecast owners are meeting enhanced supervisory expectations.

9. Basel reforms and U.S. risk-based capital rulemaking review (including the Fundamental Review of the Trading Book)

10. Ensure risk limits are consistent with the Corporation's stated Risk Appetite through definition or formal limit approval.

11. Represent the Risk Management Organization and engage with supervisory agencies through examinations, touchpoints and other activities.

12. Strong knowledge of all risk classes; responsible for development of the firm-wide risk playbook, including all aspects of contingency planning (e.g. capital, liquidity)

13. Serve as a member of the firm's Capital Committee

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Fifteen years of risk management experience in financial services including extensive experience in CCAR, forecasting, model risk management, credit administration, and loan policy

2. Strong leadership, decision-making and communication skills in the discussion of risk management with a wide range of management levels

3. Knowledge and understanding of market dynamics, interest rates, accounting and financial products

4. Broad risk and regulatory knowledge

5. Superior ability to think strategically, multi-task, and drive change

6. Strong quantitative, governance, and analytic abilities

7. Ability to make decisive and quick decisions; embraces challenges and change

8. Executive and board level presentation skills

Preferred Qualifications:

1. More than 15 years of risk management experience in financial services or related field

2. Master's degree in Business Administration (MBA) or advanced degree in Business Management or Finance

3. Strong analytical and organizational skills, including the ability to translate risk management framework objectives into actionable and executable tasks for businesses

4. Ability to forge strong, trusting relationships with Executive Management and Senior Leadership

5. FRM/CFA or equivalent advanced risk certification (or relevant Advanced Degree)

6. Experience working with supervisory agencies and representing firms in supervision examinations

7. Experience with Recovery & Resolution Planning

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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About Truist

Sourced by ZipRecruiter

Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019