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Model Risk Manager Jobs in Oregon (NOW HIRING)

OR · On-site

... Data Models, systems) Cybersecurity, Business Continuity, Disaster Recovery, or enterprise risk management * Executive-Level Facilitation & Influence: Proven experience leading or facilitating ...

OR

$122K - $204K/yr

... risk management programs across prevention, detection, investigation, and recovery ... Lead client engagements to define fraud strategy, operating model, governance, policies/procedures ...

Senior IT Auditor

Hillsboro, OR · On-site +1

$102.40K - $134.50K/yr

Enterprise Risk Management, Credit risk, Market risk, Operational risk, Model risk, Liquidity risk, and/or Sarbanes-Oxley. Broad, general knowledge of the banking and financial services industry and ...

Senior Auditor

Hillsboro, OR · On-site

$88.20K - $108.40K/yr

Enterprise Risk Management, Credit risk, Market risk, Operational risk, Model risk, Liquidity risk, and/or Sarbanes-Oxley. Broad, general knowledge of the banking and financial services industry and ...

Senior IT Auditor

Hillsboro, OR · On-site +1

$102.40K - $134.50K/yr

Enterprise Risk Management, Credit risk, Market risk, Operational risk, Model risk, Liquidity risk, and/or Sarbanes-Oxley. Broad, general knowledge of the banking and financial services industry and ...

Senior Auditor

Hillsboro, OR · On-site +1

$88.20K - $108.40K/yr

Enterprise Risk Management, Credit risk, Market risk, Operational risk, Model risk, Liquidity risk, and/or Sarbanes-Oxley. Broad, general knowledge of the banking and financial services industry and ...

You will leverage your technical expertise to review asset- and bond-level cashflow modeling to ... Strong market instincts with a sharp read on risk sentiment / appetite and trusted by institutional ...

Senior IT Auditor

Hillsboro, OR · On-site +1

$102.40K - $134.50K/yr

Enterprise Risk Management, Credit risk, Market risk, Operational risk, Model risk, Liquidity risk, and/or Sarbanes-Oxley. Broad, general knowledge of the banking and financial services industry and ...

Senior IT Auditor

Hillsboro, OR · On-site

$102.40K - $134.50K/yr

Enterprise Risk Management, Credit risk, Market risk, Operational risk, Model risk, Liquidity risk, and/or Sarbanes-Oxley. Broad, general knowledge of the banking and financial services industry and ...

OR · Hybrid

$98.40K/yr

... risk management Regulatory and Compliance Knowledge: * Familiarity with Model Audit Rule (MAR), Sarbanes-Oxley (SOX), Payment Card Industry (PCI), Personal Identifiable Information (PII), HIPAA

OR · Hybrid

$98.40K/yr

... risk management Regulatory and Compliance Knowledge: * Familiarity with Model Audit Rule (MAR), Sarbanes-Oxley (SOX), Payment Card Industry (PCI), Personal Identifiable Information (PII), HIPAA

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Showing results 1-20

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 3, 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 cities in Oregon are hiring for Model Risk Manager jobs? Cities in Oregon with the most Model Risk Manager job openings:
Director, Enterprise Risk & Regulatory Analytics, Marlborough, MA, Hillsboro, OR, Hybrid

Director, Enterprise Risk & Regulatory Analytics, Marlborough, MA, Hillsboro, OR, Hybrid

Digital Federal Credit Union

Hillsboro, OR • On-site

Full-time

Posted 6 days ago


Digital Federal Credit Union rating

8.4

Company rating: 8.4 out of 10

Based on 13 frontline employees who took The Breakroom Quiz


Job description

Schedule

Mon - Fri: 8 AM - 5 PM (40 Hours)

What You’ll Do

Job Summary: 

The Director of Enterprise Risk & Regulatory Analytics leads the delivery of data and analytics capabilities that enable enterprise risk management, regulatory compliance, and risk-informed decision-making through trusted, governed single source of truth data and actionable insights. The role partners closely with the Chief Risk Officer (CRO) organization and provides thought leadership at the intersection of business and technology to enable scalable analytics that support regulatory compliance needs, continuous risk monitoring, and proactive decision-making with actionable insights. Through a federated analytics model, this role enables the CRO organization to leverage governed enterprise data, tools, and analytics assets while maintaining consistency and trust in key metrics and insights. 

Essential Functions: 

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

  • Partner with the CRO organization to design and deliver data and analytics capabilities supporting Enterprise Risk Management (ERM), regulatory compliance (e.g., NCUA), and internal audit and exam readiness by enabling trusted insights and strategic decision-making. 
  • Partner with the Business Analysts and Data Stewards from the CRO organization to support a federated analytics model that enables business to leverage governed enterprise risk data and analytics assets to deliver consistent and scalable insights. 
  • Ensure governed and trusted data across key risk domains that includes credit risk (loan portfolios, delinquencies, charge-offs), interest rate and liquidity risk, operational and fraud risk, and cybersecurity risk, enabling consistent interpretation of high-quality risk metrics and enterprise-wide trust in risk analytics. 
  • Develop advanced analytics capabilities (e.g., predictive analytics) supporting regulatory reporting and board risk reporting packages, early-warning risk detection, capital stress testing, forecasting, and scenario modeling to strengthen enterprise risk management and resilience. 
  • Lead the development of enterprise dashboards that provide standardized metrics and actionable insights related to risk and regulatory functions (CRO Lens), enabling anytime, anywhere decision support for leadership. 
  • Partner with the CRO organization to implement enterprise data and AI governance policies, ensuring alignment with risk and compliance controls, audit readiness, and regulatory reporting requirements. 
  • Partner with Compliance, Finance, and Internal Audit to ensure analytics align with regulatory expectations and audit controls. 
  • Coordinate with enterprise data and analytics teams to ensure alignment with architecture, governance, and data standards. 
  • Enable risk stakeholders to effectively leverage analytics tools and insights for day-to-day monitoring and strategic risk decisions. 
  • Lead, mentor, and develop analytics professionals while fostering a culture focused on collaboration, trusted data, reusable capabilities, and measurable business outcomes. 

What You’ll Need

 Education & Experience:  

  • Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree), advanced degree preferred. 
  • Required Experience: 8+ years of relevant experience, 4+ years as a People Leader. 

Qualifications & Skills:  

  • 10+ years of experience in risk analytics, regulatory analytics, or enterprise data analytics within financial services or regulated industries. 
  • Deep knowledge of enterprise risk management disciplines (credit, operational, cyber, financial risk). 
  • Demonstrated experience delivering risk and regulatory analytics solutions that support executive decision-making and operational oversight. 
  • Experience with regulatory reporting, stress testing, and scenario modeling. 
  • Experience developing predictive analytics, forecasting models, stress testing frameworks, or scenario modeling in support of risk management. 
  • Strong background in data governance, data quality, and data management with risk lens.  
  • Experience implementing data governance frameworks, including data quality monitoring, lineage tracking, access controls, and standardized metric definitions. 
  • Deep experience delivering enterprise dashboards and actionable insights using modern business intelligence platforms. 
  • Strong knowledge of modern BI and analytics tools (e.g., Power BI, Tableau, Looker, ThoughtSpot). 
  • Experience working with enterprise data platforms and cloud-based analytics environments (e.g., Snowflake, Databricks, AWS, Azure, or GCP). 
  • Familiarity with AI-enabled analytics and predictive modeling techniques used in risk detection, performance optimization, and strategic decision support. 
  • Ability to translate complex analytical findings into clear, actionable insights for executive leadership and business stakeholders. 
  • Strong executive communication and cross-functional stakeholder management skills, with the ability to influence across Risk, Product, and Technology organizations. 
  • Proven ability to build and lead high-performing analytics teams within complex enterprise environments. 

What We Do

DCU is the largest credit union headquartered in New England – serving more than one million members in all 50 states. With over 1,700 team members, we strive to make DCU a great place to work with an excellent work-life balance, and a community that cares.

DCU 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 careers@dcu.org 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.

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

Expected Pay Range

$164,000 - $199,000


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