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

Analogdevices

AI Governance Analyst

Austin, TX

Support model risk management processes, including documentation, validation, and lifecycle monitoring. * Recommend mitigation strategies and track remediation progress 3. CrossFunctional ...

Analog Devices

AI Governance Analyst

Austin, TX · On-site

Support model risk management processes, including documentation, validation, and lifecycle monitoring. * Recommend mitigation strategies and track remediation progress 3. Cross-Functional ...

Seekr

Director of Product, SeekrGuard

Austin, TX · On-site

$231K - $241K/yr

Background in AI governance, model risk management, compliance platforms, or trust and safety tooling * Experience designing platform surfaces such as audit trails, risk scoring, certification ...

United IT

GenAI NLP ML Engineer

Austin, TX

... models and Vector databases. * Manage delivery of GenAI/LLM features (prompt engineering ... Build and maintain pipelines for model performance metrics, supporting Model Risk Oversight and ...

Expedia

Operational Readiness Manager

Austin, TX

... work model (with some pretty cool offices), and career development resources, all to fuel our ... Your project leadership will ensure compliance continuity, commercial risk mitigation, highquality ...

United IT Solutions

GenAI NLP ML Engineer

Austin, TX · On-site

... models and Vector databases. * Manage delivery of GenAI/LLM features (prompt engineering ... Build and maintain pipelines for model performance metrics , supporting Model Risk Oversight and ...

Visa

Senior Product Manager

Austin, TX · On-site

$125K - $165K/yr

Ensure platform capabilities meet compliance, model risk management, and onboarding requirements. * Ensure development anddeliveryadherence to timelines, quality standards, and strategicobjectives.

New

Visa

Product Manager, Risk Products

Austin, TX · Hybrid

Build a clear roadmap across dashboards, data models, AI insights, and reporting APIs * Align with ... Background in fintech, risk management, or financial services preferred * Demonstrated success ...

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

Model Risk Manager information

See Austin, TX salary details

$51K

$110.5K

$168.5K

How much do model risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for model risk manager in Austin, TX is $110,549.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,200.00 and $127,800.00 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 are popular job titles related to Model Risk Manager jobs in Austin, TX? For Model Risk Manager jobs in Austin, TX, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Austin, TX look for? The top searched job categories for Model Risk Manager jobs in Austin, TX are:
What cities near Austin, TX are hiring for Model Risk Manager jobs? Cities near Austin, TX with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Austin, TX as of June 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $110,549 per year, or $53.1 per hour.

Sr Enterprise Risk Management Analyst

The Electric Reliability Council of Texas (ERCOT)

Taylor, TX • On-site

$93K - $127K/yr

Full-time

Posted 9 days ago

Job description

At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow's energy challenges while learning new skills and growing your career.
ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.
JOB SUMMARY
The Enterprise Risk Management (ERM) Analyst supports the organization's risk management program by identifying, analyzing, and quantifying risks that could impact strategic objectives. Working closely with risk owners and business units across the enterprise, the ERM Analyst provides data-driven insights and recommendations that enable informed, risk-aware decision-making at all levels of the organization.
JOB DUTIES
  • Understands and applies principles, theories and concepts related to the profession and ERCOT's culture.
  • Exercises judgment within defined procedures and practices to determine appropriate action.
  • Impact is generally limited to specific assignments or projects.
  • May respond to inquiries and/or provide assistance and/or guidance to lower level workers.

ADDITIONAL JOB DUTIES
  • Lead enterprise-wide risk identification and assessment initiatives, designing methodologies appropriate to the scope and complexity of each engagement.
  • Analyze strategic, operational, financial, and reputational risks, including interdependencies and cascading effects.
  • Evaluate organizational risk tolerance levels in partnership with leadership, translating concepts into actionable thresholds.
  • Design and oversee sophisticated quantitative models, sensitivity analyses, and value-at-risk calculations.
  • Lead scenario planning and stress testing exercises, linking risk outcomes to business performance metrics.
  • Own development of senior leadership and board-level risk reporting, ensuring content is accurate, insightful, and decision-relevant.
  • Act as primary ERM liaison for senior business unit leaders, providing subject matter expertise and strategic risk guidance.
  • Lead cross-functional working groups for enterprise risk projects, coordinating across business units, corporate functions, and external advisors.
  • Advise senior risk owners on mitigation strategy design, ensuring plans are measurable and aligned with strategic priorities.
  • Contribute to the development and periodic review of enterprise risk policy and supporting procedures.
  • Mentor and provide quality assurance review for other team members.
  • Lead complex, multi-workstream ERM projects, managing timelines, resources, and stakeholder expectations.

EXPERIENCE
  • Requires minimum 5 years job related work experience in excess of degree requirements

EDUCATION
  • Bachelor's Degree : Finance, Engineering, Economics or related field (Required)
  • or a combination of education and experience that provides equivalent knowledge to a major in such fields is required

CERTIFICATION
  • PMP Project Management Professional (Preferred)
  • Any risk management certification preferred.

WORK LOCATION - Taylor, TX:
  • Employees will be required to be on-site in Taylor, TX at minimum 2 days per week, or more, as needed based on the business needs as determined by management
  • On-site schedules are flexible or may be rotated based on business needs as determined by the Manager
  • Remote work is required to be performed from your Texas residence.
  • Employees may opt to work on-site more than required or 100% of the time

The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time. #LI-DN
ERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law.
Expected Salary Range:
$93,000 - $127,000

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