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Model Risk Manager Jobs in North Carolina (NOW HIRING)

Audit Manager - Model Risk

Raleigh, NC · On-site

$101K - $132K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Specific activities may change from time to time. 1. Serve as Engagement Manager of high risk and more complex audit engagements by planning, scoping and developing the test plan, including ...

Audit Manager - Model Risk

Winston Salem, NC · On-site

$96K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Specific activities may change from time to time. 1. Serve as Engagement Manager of high risk and more complex audit engagements by planning, scoping and developing the test plan, including ...

The AVP, Model Validation is responsible for model validation and ensure they are meeting Model Risk Management policies, standards, procedures as well as regulations (OCC2011-12/SR 11-7). This role ...

Financial Risk Manager

Concord, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Build and maintain financial models to quantify exposures and run scenario and stress analyses. * Manage insurance and risk financing programs (domestic, global, and captive), including oversight of ...

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 ...

Quantitative Model Analyst - AML

Charlotte, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The individual will partner closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior, identify emerging risks, and support ...

EFR Capital Risk Manager

Charlotte, NC · On-site

$115 - $184.50/hr

  • PTO

Manages risk requests, breach remediations and provides risk-effective challenges for front-line ... Enhance the Risk landscape by ensuring our balance sheet and business model is appropriately ...

Quantitative Model Analyst - AML

Charlotte, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The individual will partner closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior, identify emerging risks, and support ...

Audit Manager - Quant

Raleigh, NC · On-site

$101K - $132K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Audit Manager - Quant

Winston Salem, NC · On-site

$96K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

The Fraud Risk Manager within the Control and Oversight Group in Personal Wealth is responsible for ... How We Work Vanguard has implemented a hybrid working model for the majority of our crew members ...

Audit Manager - Quant

Charlotte, NC · On-site

$101K - $133K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Showing results 21-40

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 Aug 15, 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 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 the most commonly searched types of Model Risk jobs in North Carolina?

The most popular types of Model Risk jobs in North Carolina are:

What are popular job titles related to Model Risk Manager jobs in North Carolina?

For Model Risk Manager jobs in North Carolina, the most frequently searched job titles are:

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 August 2026, with employment types broken down into 75% Full Time, and 25% Contract. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $101,382 per year, or $48.7 per hour.

Audit Manager - Model Risk

Truist

Raleigh, NC • On-site

$101K - $132K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Truist rating

8.0

Company rating: 8.0 out of 10

Based on 119 frontline employees who took The Breakroom Quiz

71st of 171 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:Truist Audit Manager is responsible for providing a leadership role in the delivery of high-risk, complex and value-added independent and objective risk-based internal audit assurance and advisory services. The Audit Manager will proactively coach junior team members by providing candid and constructive feedback.

ESSENTIAL DUTIES AND RESPONSIBILITIES
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. Serve as Engagement Manager of high risk and more complex audit engagements by planning, scoping and developing the test plan, including incorporating the use of data analytics. Effectively allocate resources and individuals in accordance with skills and schedules, to complete assignments within budget.
2. Set clear quality expectations based on Truist Audit Services standards and analyze/review process documentation to evaluate effectiveness and efficiency.
3. Develop meaningful, relevant, and well-supported audit reports that align with Truist's risk appetite framework and present these reports to key department stakeholders.
4. Identify substantive and material issues that go beyond paperwork shortcomings. Ability to look beyond the obvious; finds solutions, not just problems.
5. Provide coaching and guidance in development of junior team members by taking an active role in training and mentoring.
6. Demonstrate effective challenge by providing deep subject matter knowledge industry related knowledge to support business partnership efforts.
7. Manage timely and quality delivery of multiple tasks, including audits, projects and special assignments. Provide advisory services, as necessary, in the implementation of new systems, processes and changes to existing systems, standards and procedures.
8. Ability to work independently while exercising judgement in risk-based assessments difficult or complex nature.

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. Bachelor's degree in accounting, business or related field or equivalent education and related training or experience.
2. Six to eight years of banking, auditing or other relevant experience related to area of responsibility.
3. Strong knowledge, ability and expertise in audit and other areas of banking and financial services.
4. Strong understanding of risk management and process concepts.
5. Strong analytical, facilitation, and interpersonal skills.
6. Demonstrated ability to grasp and communicate the underlying concepts in complex information.
7. Demonstrated ability to identify and communicate root causes of problems.
8. Demonstrated ability to formulate and communicate solutions based on a synthesis of information.
9. Strong written, verbal and negotiating skills.
10. Demonstrated strong proficiency in computer applications and proven experience with tools such as Microsoft Office software products.
11. Strong project management and advisory skills.

Preferred Qualifications:
1. Advanced degree.
2. Possess appropriate professional certification.
3. Possess knowledge of Truist Audit Services audit software and business specific software.

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