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Model Risk Manager Jobs in Texas (NOW HIRING)

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Inside ERM, you also own Model Risk Management and Third-Party Risk Management. On MRM, you stand up the governance that ensures comprehensive model coverage: inventory, risk classification ...

New

Audit Project Manager - Model Risk

Irving, TX · On-site

$99.90K - $131.10K/yr

The Model Risk APM is primarily responsible for completing audit engagements with minimal supervision from managers. The APM is expected to execute audit engagements against plan and schedule ...

Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and ... Maintain input or data quality of risk management systems. Develop contingency plans to deal with ...

Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and ... Maintain input or data quality of risk management systems. Develop contingency plans to deal with ...

Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and ... Maintain input or data quality of risk management systems. Develop contingency plans to deal with ...

Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and ... Maintain input or data quality of risk management systems. Develop contingency plans to deal with ...

The Risk Manager supports executive leadership by developing and implementing insurance solutions ... Successful solutions are based on a deep understanding of the business model of the organization ...

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Model Risk Manager information

See Texas salary details

$48K

$103.9K

$158.4K

How much do model risk manager jobs pay per year?

As of May 28, 2026, the average yearly pay for model risk manager in Texas is $103,932.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,800.00 and $120,200.00 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 job categories do people searching Model Risk Manager jobs in Texas look for? The top searched job categories for Model Risk Manager jobs in Texas are:
What cities in Texas are hiring for Model Risk Manager jobs? Cities in Texas with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in Texas as of May 2026, with employment types broken down into 1% As Needed, 95% Full Time, 3% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $103,932 per year, or $50 per hour.

Model Risk Analyst

Sunflower Bank, N.A.

Dallas, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Sunflower Bank rating

7.1

Company rating: 7.1 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

99th of 141 rated banks


Job description

Description:

At Sunflower Bank, N.A., we’re experiencing great growth. Since our founding in 1892, we've been committed to serving our communities and supporting the team members who make it all possible. As a full-service financial institution, we offer a full range of relationship-focused services to meet personal, business, and wealth-management financial objectives. Creating Possibility is not just our mission, it’s what we do every day for clients and associates. Learn more about Sunflower Bank, N.A. at sunflowerbank.com.


Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Model Risk Analyst at our Dallas, TX location.


Hybrid options available.


Description:

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program, focusing on the annual assessment process, maintaining the model inventory, assisting in planning model validation, independent validation, and ongoing monitoring of quantitative models. This role ensures that models—used for credit risk, liquidity risk, market risk, capital planning, and BSA/AML—are conceptually sound, documented according to policy, and compliant with regulatory standards (e.g., SR 26-2).


Primary Responsibilities


  • Maintain the model inventory, ensuring it is up-to-date by confirming assigned models have correct attributes (status, owner, risk tier, review dates, etc.). Assist in model identification, classification, and risk rating.
  • Monitor the end-to-end issues management lifecycle of findings resulting from model validations, including tracking remediation progress and verifying closure documentation.
  • Ensure key details (assumptions, inputs, purpose, limitations) are clearly recorded in model documentation.
  • Perform hands-on validation of new and existing models, challenging conceptual soundness, assumptions, inputs, and performance metrics.
  • Conduct annual reviews and write annual review reports.
  • Act as a key point of contact with model developers and owners to discuss validation findings and provide "effective challenge".
  • Support requests received from third parties and Internal Audit related to model risk.
  • Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.
  • Responsible for upholding Fair and Responsible Banking practices and Code of Ethics and Conduct guidelines.
  • Perform other duties as assigned.


Education / Experience


  • Bachelor’s degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field; master’s preferred.
  • A minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines.
  • Familiarity with Excel, SQL, Python, R, SAS, or other relevant languages for data analysis and code replication.
  • Advanced Excel skills, conditional formatting, and/or data analysis tools, and familiarity with data visualization tools.
  • Excellent written and verbal communication skills, with the ability to explain complex technical concepts to non-technical stakeholders.


Pay is dependent on knowledge, skills, abilities, experience, and location.


Working Conditions


The physical demands of this position require the ability to perform essential job functions with or without reasonable accommodation. Employees may spend extended periods sitting or standing, using hands to operate computers or other equipment, and reaching for work-related tasks. Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds. Vision requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus.


Sunflower Bank Benefits


People choose to “bank” with us, but for those we serve, we’re more than a bank. We strive to be the financial backbone of their lives, and we know that starts with our team.


Our supportive culture empowers team members to grow and seize new opportunities. Like our namesake, the sunflower, we are:

  • Rooted in Strength
  • Propelled by Growth
  • Individuals in a Great Whole
  • Creating Possibility
  • Community Focused


Associates enjoy outstanding benefits, including:

  • 401(k) Plan with 6% Match
  • Health/Dental/Vision Insurance
  • Company-paid Life Insurance
  • Tuition Reimbursement
  • Fitness Reimbursement
  • Paid Time Off
  • Volunteer Leave
  • Paid Holidays
  • Plus many more associate perks & incentives!


If you qualify, apply online at www.sunflowerbank.com/careers.


You’ve never worked anyplace like Sunflower Bank!


EOE/AA: Minorities/Females/Disabled/Vets


Sunflower Bank, N.A. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.


Open until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.


If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location-specific notices is available on our privacy policy.



Requirements: