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Model Risk Manager Jobs in Oregon (NOW HIRING)

Head of AI

OR · On-site +1

Establish responsible AI standards (privacy, security, bias mitigation, explainability, model risk management). * Partner with security, legal, and compliance teams to ensure AI solutions meet client ...

Head of AI

OR · Remote

Establish responsible AI standards (privacy, security, bias mitigation, explainability, model risk management). * Partner with security, legal, and compliance teams to ensure AI solutions meet client ...

Technical Architect - Data, Analytics & AI

Hillsboro, OR · Hybrid

$66.25 - $85.25/hr

  • Medical

  • Life

  • Retirement

  • PTO

Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...

Technical Architect - Data, Analytics & AI

Eugene, OR · Hybrid

$64 - $82.25/hr

  • Medical

  • Life

  • Retirement

  • PTO

Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...

Technical Architect - Data, Analytics & AI

Bend, OR · Hybrid

$67.50 - $87/hr

  • Medical

  • Life

  • Retirement

  • PTO

Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...

Technical Architect - Data, Analytics & AI

Gresham, OR · Hybrid

$67.25 - $86.50/hr

  • Medical

  • Life

  • Retirement

  • PTO

Ensure responsible and compliant AI adoption, aligned with AI governance, model risk management, data privacy, and security controls . * Guide the integration of AI/ML capabilities into analytics ...

Associate Risk Analyst

Beaverton, OR

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... models, and managing implementation considerations. * Manage and manipulate large data sets using a variety of software packages. * Develop, implement, and evaluate test strategies with a focus on ...

Associate Risk Analyst

Beaverton, OR

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... models, and managing implementation considerations. * Manage and manipulate large data sets using a variety of software packages. * Develop, implement, and evaluate test strategies with a focus on ...

Associate Risk Analyst

Beaverton, OR · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... models, and managing implementation considerations. * Manage and manipulate large data sets using a variety of software packages. * Develop, implement, and evaluate test strategies with a focus on ...

Director, 3rd Party Security Risk

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... model or system documentation review, human oversight expectations, output integrity, monitoring ... Establish meaningful KRIs, KPIs, dashboards, and management routines that demonstrate whether the ...

Associate Risk Analyst

Beaverton, OR

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... models, and managing implementation considerations. * Manage and manipulate large data sets using a variety of software packages. * Develop, implement, and evaluate test strategies with a focus on ...

Operational Risk Review (ORR) Analyst

Gresham, OR · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

In-scope risk categories include Fraud, Operations, People, Security of Physical Assets, Third Party, Business Resiliency, Systems, Cyber/Information Security, Legal, Model, Conduct, Data Management ...

Showing results 41-60

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 Aug 16, 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 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 cities in Oregon are hiring for Model Risk Manager jobs?

Cities in Oregon with the most Model Risk Manager job openings:

Infographic showing various Model Risk Manager job openings in Oregon as of August 2026, with employment types broken down into 74% Full Time, 25% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $117,947 per year, or $56.7 per hour.

Senior Quantitative Risk Management Analyst, Marlboro or Chelmsford, MA or Hillsboro, OR, Hybrid

First Technology Federal Credit Union

Hillsboro, OR

$95K - $125K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 15 days ago


Job description

Description

This role supports the Credit Union’s capital planning and stress testing program by helping develop, maintain, and apply quantitative models, analytical tools, and scenario-based forecasting processes. It assists in translating business strategy, risk appetite, portfolio behavior, and macroeconomic assumptions into model-ready inputs and decision-useful outputs that support capital adequacy assessment, governance, regulatory reporting, and management action planning. The role also contributes to Finance and Capital Planning special projects, including ad hoc analysis, strategic initiatives, process enhancements, management reporting, and cross-functional efforts that improve financial insight, capital adequacy monitoring, and decision support.

Here’s what you can expect from the job and what you need to be successful: 

What You’ll Do :

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  

·         Implements and refines quantitative models and analytical tools that support portfolio construction, asset allocation, risk measurement, and strategic decision‑making. 

·         Provides input to strategic modeling and decision-making processes with respect to data assumptions, historical data analysis, conceptual soundness, and evaluation of models’ outputs for appropriateness. 

·         Translates risk appetite and policy requirements into practical metrics, thresholds, and monitoring routines that guide business actions and maintain exposures within established boundaries. 

·         Coordinate agreement on the use of models and assumptions across stakeholders where multiple stakeholders use common models and assumptions. 

·         Conducts scenario analysis, sensitivities, and stress testing to identify vulnerabilities under various market, credit, and operational conditions, providing clear recommendations for mitigation. 

·         Maintains efficient reporting processes and data pipelines that enable timely, accurate, and transparent risk insights for partners across the organization. 

·         Monitors market trends, portfolio dynamics, and operational indicators to identify emerging risks and communicate timely assessments to key stakeholders. 

·         Collaborates with cross‑functional teams to embed quantitative insights into business decisions, considering trade‑offs and impacts across multiple functions. 

·         Produces clear and audit‑ready documentation for models, assumptions, processes, and governance requirements, ensuring transparency and alignment with organizational standards. 

·         Reviews analytical work from colleagues and provides coaching to enhance methodological rigor, communication clarity, and consistency across the team. 

 Typical Scope: 

  • Applies best practices and knowledge of internal/external business challenges to improve products, processes or services. Is accountable for small projects or programs with manageable risks and resource requirements. Resolves difficult and complex problems using judgment and analysis; contributes to problem solving in collaborative settings. Interprets policies and adapts them to new situations.
  • Demonstrates judgment in selecting methods to solve problems that have cross-functional impacts or require balancing competing priorities. Applies advanced knowledge of job area with experienced understanding of functional area.
  • Typically receives little instruction on daily work. Works independently within defined specialties; adapts methods and procedures for routine work with minimal oversight. Accountable for deliverables. May mentor others and coach or review their work.

Essential Skills:

Education & Experience:  

·         Required Education: Bachelors degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree) 

·         Required Experience: 4 - 6 years of relevant experience 

 Qualifications & Skills:  

·         Experience developing, implementing, or validating risk models or analytical frameworks in data‑intensive environments. 

·         Strong proficiency with Python or R, SQL, and analytical libraries used for statistical modeling, time‑series analysis, and data processing. 

·         Demonstrated ability to perform scenario design, stress testing, and model performance evaluation using sound statistical and financial principles. 

·         Experience building automated reports and visualizations and working with large datasets in both structured and unstructured environments. 

·         Proven ability to independently solve complex problems, adapt methods to ambiguous situations, and balance competing priorities. 

·         Strong communication skills with the ability to distill technical analyses into clear insights for non‑technical audiences and influence stakeholders across functions. 

Location:

Either Marlboro/Chelmsford, MA or Hillsboro, OR

Target Compensation:

$95,000 - $125,000

Who We Are:   

 What makes First Tech different? Click here to learn more!  

 Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.

 Employees are eligible for:

  • Traditional medical, dental, and vision coverage
  • Generous 401(k) match
  • Paid Time Off: - You’ll accrue up to 15 days in your first year.  In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually
  • Paid federal holidays
  • Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria

Employment Statements: 

 First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you’re applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to recruiters@firsttechfed.com and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address 

First Tech is not currently offering Visa transfer/ sponsorship for this position.  


Who We Are:
What makes First Tech different? Click here to learn more!
Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.
Employees are eligible for:
• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: You'll accrue up to 15 days in your first year. In addition, you'll receive 40 hours of sick time and 3 personal days, which refresh annually
• Paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria)
Employment Statements:
First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to recruiters@firsttechfed.com and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.
First Tech is not currently offering Visa transfer/sponsorship for this position.