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Model Risk Manager Jobs in Aubrey, TX (NOW HIRING)

DTCC

Market Risk Manager

Coppell, TX · Hybrid

DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays ... Market Risk Manager is responsible for the monitoring of daily margin calculation and managing ...

Deloitte

Financial Risk Manager

Dallas, TX

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...

USAA

Lead Model Validator - Fraud

Plano, TX · Hybrid

Reports validation results and model risk trends/metrics to Enterprise Model Risk Management leadership. * Performs the independent model validation process aligned with the written risk and ...

USAA

Senior Audit Manager - Model Risk/AI

Plano, TX · On-site +1

Manages strategic initiatives and assists with the development and implementation of a risk-based ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

Huntington

Cybersecurity Risk Manager

Farmers Branch, TX · On-site +1

$70K - $140K/yr

Work with business segment management to ensure that the overall risk function is effectively ... modeling * 2 years' experience with cybersecurity related policy, procedures, or standards ...

Huntington

Cybersecurity Risk Manager

Dallas, TX · On-site +1

$70K - $140K/yr

Work with business segment management to ensure that the overall risk function is effectively ... modeling * 2 years' experience with cybersecurity related policy, procedures, or standards ...

USAA

Data Scientist Lead - Model Development

Plano, TX · On-site

Develops and deploys models within the Model Development Control (MDC) and Model Risk Management (MRM) framework. * Composes and peer reviews technical documents for knowledge persistence, risk ...

Citizens

Fraud Risk Analytics Manager

Irving, TX · Hybrid

$105K - $130K/yr

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ...

Citizens

Fraud Risk Analytics Manager

Irving, TX · Hybrid

$105K - $130K/yr

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Model evaluation and performance monitoring Preferred Qualifications * Experience with fraud ...

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All JobsModel Risk Manager JobsModel Risk Manager Jobs in Aubrey, TX

Model Risk Manager information

See Aubrey, TX salary details

$49.7K

$107.6K

$164K

How much do model risk manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for model risk manager in Aubrey, TX is $107,623.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,800.00 and $124,500.00 per year, depending on experience, location, and employer.

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 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 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 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 job categories do people searching Model Risk Manager jobs in Aubrey, TX look for? The top searched job categories for Model Risk Manager jobs in Aubrey, TX are:
What cities near Aubrey, TX are hiring for Model Risk Manager jobs? Cities near Aubrey, TX with the most Model Risk Manager job openings:
Model Risk Manager jobs near you

Market Risk Manager

DTCC

Coppell, TX • Hybrid

Other

Medical, Life, Retirement, PTO

Posted 12 days ago

Job description

Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Pay and Benefits:
  • Competitive compensation, including base pay and annual incentive
  • Comprehensive health and life insurance and well-being benefits, based on location
  • Pension / Retirement benefits
  • Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The impact you will have in this role:
Market Risk Manager is responsible for the monitoring of daily margin calculation and managing market and liquidity risk exposures arising from trade execution and settlement activities in the various clearing corporations and the depository. Responsibilities also include supervising a completion of daily work, monthly and ad-hoc reports in timely and accurate manner to ensure the compliance with Risk Management policies and procedures. With strong interpersonal and leadership skills, understanding of margining methodologies, keen understanding of financial markets and client profiles, the ideal candidate will effectively manage the team of market risk staff and collaborate with other DTCC teams to identify, analyze, and mitigate potential risks and safeguard financial market in which DTCC plays a pivotal role.
Your Primary Responsibilities:
  • Lead a team of market risk associates and analysts spread across global offices
  • Review, evaluate and sign off on a daily work and other deliverables to ensure quality, accuracy and timeliness of work performed
  • Proactively identify and evaluate change in member's market risk exposures, liquidity needs and settlement obligations to call out and mitigate exposures in timely manner
  • Monitor market conditions and economic trends to anticipate potential risks and their potential impact on members' margin requirements
  • Mitigate risk by ensuring adherence of the processes to the policies and procedures, identifying potential model, report errors, and demonstrating strong ethical behavior
  • Manage issues arising from internal audits, regulatory exams, and risk assessment, collaborate with partners to develop and implement remediation plans
  • Work on projects and process enhancements to ensure emerging risk is effectively mitigated in support of new and existing products

Qualifications
  • Minimum of 6-8 years of related experience and at least a year of managerial experience
  • Bachelor's Degree in Accounting, Finance, Business or Economics.
  • Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are a plus

Talents Needed for Success:
  • Excellent oral and written communication skills with ability to explain technical concepts in practical terms
  • Strong analytical skills with the ability to clearly present to current and prospective members, regulators, and various departments within the organization
  • Meaningful work experience in managing financial risk within the financial services industry
  • Proven experience in collaborating with cross-functional teams on projects; ability of working in a fast-paced, sophisticated environment
  • Strong Excel skills; ability to code is not required but desirable
  • Expertise in the U.S. and global financial markets, knowledge of risk management frameworks (VaR, Backtest, Stress test), current regulatory developments and issues affecting the industry
  • Ability to build and manage diverse, impactful team on-site and remotely

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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