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Model Risk Manager Jobs in Oregon (NOW HIRING)

Determine aspects of model drift and related data drift for the purpose of model risk management (MRM) to both reduce risk and also find opportunities to drive new revenue growth and innovation.

Determine aspects of model drift and related data drift for the purpose of model risk management (MRM) to both reduce risk and also find opportunities to drive new revenue growth and innovation.

... risk, model risk, and third-party risk management. --- Primary Location: Remote Primary Location Salary Range: $75/hr - $150/hr --- Responsibilities * Assimilate and manage complex data into ...

Work closely with the Data Science team to refine and implement new models. * Contribute to system ... Has managed risk for a portfolio of $100MM+ of assets. * Bachelor's degree or equivalent experience.

Work closely with the Data Science team to refine and implement new models. * Contribute to system ... Has managed risk for a portfolio of $100MM+ of assets. * Bachelor's degree or equivalent experience.

Work closely with the Data Science team to refine and implement new models. * Contribute to system ... Has managed risk for a portfolio of $100MM+ of assets. * Bachelor's degree or equivalent experience.

Work closely with the Data Science team to refine and implement new models. * Contribute to system ... Has managed risk for a portfolio of $100MM+ of assets. * Bachelor's degree or equivalent experience.

The Risk team is responsible for Upstart's enterprise risk management program and risk governance ... Strong understanding of data modeling concepts in both transactional and analytical databases

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Model Risk Manager information

See Oregon salary details

$54.5K

$117.9K

$179.7K

How much do model risk manager jobs pay per year?

As of Jun 1, 2026, the average yearly pay for model risk manager in Oregon is $117,947.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,200.00 and $136,400.00 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 Oregon? For Model Risk Manager jobs in Oregon, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Oregon look for? The top searched job categories for Model Risk Manager jobs in Oregon are:
What cities in Oregon are hiring for Model Risk Manager jobs? Cities in Oregon with the most Model Risk Manager job openings:
Generative AI Scientist - (Model Risk & Validation)

Generative AI Scientist - (Model Risk & Validation)

Cotiviti

On-site

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago


Cotiviti rating

8.3

Company rating: 8.3 out of 10

Based on 33 frontline employees who took The Breakroom Quiz

37th of 203 rated it services


Job description

Overview

Join a recently formed team focused on Model Risk and Responsible AI. The Generative AI Scientist - Risk will apply knowledge and experience to real world problems and seek to utilize their skills to reduce the cost of healthcare and improve health quality and outcomes. As a Data Scientist on this team, you will focus on three main project areas: Model Validation, Model Metrics and Monitoring, and Responsible AI. This requires someone with depth in AI/ML/GenAI from a data science perspective, versatility to think in terms of technology systems, and some understanding of emerging areas of Responsible AI and AI Ethics. This is for an ambitious technologist, with the flexibility and personal drive to succeed in a dynamic environment where they are judged based on their direct impact to business outcomes.

Responsibilities
  • As a Generative AI Scientist within Cotiviti you will be responsible for delivering solutions that help our clients identify payment integrity issues, reduce the cost of healthcare processes, or improve the quality of healthcare outcomes. You will work as part of a team and will be individually responsible for the delivery of value associated with your projects.
  • Conduct independent model validation of existing models for benchmarking, assessment, and gauging effectiveness.
  • Determine aspects of model drift and related data drift for the purpose of model risk management (MRM) to both reduce risk and also find opportunities to drive new revenue growth and innovation. Apply deep expertise with AI/ML/GenAI model development, including hands-on experience with model building and model evaluation.
  • Benchmark and potentially rebuild existing models as needed using updated data, and potentially newer, more modern and effective algorithms.
  • Actively drive improvements in model monitoring activities, including methods for model registration, model metadata management, and conceptualizing approaches for related tools and techniques. Complete all responsibilities as outlined in the annual performance review and/or goal setting.
  • Complete all special projects and other duties as assigned. 
  • Must be able to perform duties with or without reasonable accommodation. 

This job description is intended to describe the general nature and level of work being performed and is not to be construed as an exhaustive list of responsibilities, duties and skills required. This job description does not constitute an employment agreement and is subject to change as the needs of Cotiviti and requirements of the job change.

Qualifications
  • Graduate Degree in a quantitative discipline such as Computer Science/Engineering, Statistics, Operations Research covering Advanced Statistics, Machine learning and AI.
  • Experience with the latest techniques in natural language processing including transformers, fine-tuning LLMs, measuring/benchmarking and deploying LLMs with tools such as HuggingFace, Langchain, LLAMA/Mistral and OpenAI, vector databases.
  • 1+ years of hands-on data science/AI experience, using typical machine learning and data science tools including pandas, scikit-learn, keras, nltk, and TensorFlow/PyTorch, GPU.\
  • Experience building production-grade machine learning deployments on AWS, Azure, or GCP.
  • Experience working with Apache Spark and large-scale distributed datasets.
  • Experience communicating technical concepts to non-technical and technical audiences is a plus.
  • Passion for collaboration, learn it all mindset and driving value with AI.

Preferred Qualifications:

  • Familiarity with healthcare payor ecosystem and related data.
  • General understanding of Responsible AI (RAI), including explainability (XAI), AI NIST RMF, and related AI risk management frameworks.
  • Experience and understanding evaluating models for bias and fairness, with aptitude for detecting bias in the model design and data, as well as using metrics such as SHAP and LIME.
  • Understanding appropriate model metrics and techniques for managing, evaluating and monitoring GenAI models and LLMs 
  • Understanding and familiarity with model governance and data governance best practices.
  • Strong understanding of technology systems for model development (e.g., Python, DataRobot, AWS Sagemaker), model deployments (AWS, Azure, DataRobot, DataBricks), model monitoring (AWS Model Monitor, MLFlow, NannyML, FiddlerAI, Arize) and related tools for model management and metadata management.

Cognitive / Mental Requirements:

  • Ability to work independently as well as collaborate as a team with a sense of urgency.
  • Professional with ability to properly handle confidential information.
  • Be value-driven, understand that success is based on the impact of your work rather than its complexity or the level of effort.
  • Ability to handle multiple tasks, prioritize and meet deadlines.
  • Ability to work within a matrixed organization.
  • Proficiency in all required skills and competencies above.
  • Communicating with others and teamwork.
  • Assessing the accuracy, neatness, and thoroughness of the work assigned.

Physical Requirements and Working Conditions:

  • Flexibility to work with global teams as well geographically dispersed US based teams.
  • Remaining in a stationary position, often standing or sitting for prolonged periods.
  • Repeating motions that may include the wrists, hands and/or fingers.
  • Must be able to provide high-speed internet access/connectivity and office setup and maintenance.
  • Must be able to provide a dedicated, secure work area.

Base compensation ranges from $110,000 to $130,000 per year. Specific offers are determined by various factors, such as experience, education, skills, certifications, and other business needs. 

Cotiviti offers team members a competitive benefits package to address a wide range of personal and family needs, including medical, dental, vision, disability, and life insurance coverage, 401(k) savings plans, paid family leave, 9 paid holidays per year, and 17-27 days of Paid Time Off (PTO) per year, depending on specific level and length of service with Cotiviti. For information about our benefits package, please refer to our Careers page.

Since this job will be based remotely, all interviews will be conducted virtually.

Date of posting: 1/5/2026

Applications are assessed on a rolling basis. We anticipate that the application window will close on 4/5/2026, but the application window may change depending on the volume of applications received or close immediately if a qualified candidate is selected.

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Employment Type: OTHER

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