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Model Risk Manager Jobs in Brentwood, CA (NOW HIRING)

LTD Global

Risk Manager

Berkeley, CA · On-site

$85 - $90/hr

Build and maintain cost/schedule risk models; run Monte Carlo simulations, sensitivity and scenario ... Mitigation Management: Help owners build measurable mitigation plans; track commitments and ...

LTD GLOBAL, LLC

Be Seen First

Risk Manager

Berkeley, CA · On-site

$85 - $90/hr

Build and maintain cost/schedule risk models; run Monte Carlo simulations, sensitivity and scenario ... Mitigation Management: Help owners build measurable mitigation plans; track commitments and ...

LTD Global

Risk Manager

Berkeley, CA · On-site

$85 - $90/hr

Build and maintain cost/schedule risk models; run Monte Carlo simulations, sensitivity and scenario ... Mitigation Management: Help owners build measurable mitigation plans; track commitments and ...

SPECTRA TECH, Inc.

Risk Manager

Berkeley, CA · On-site

The Senior Project Risk Manager shall provide independent, objective, and decision-ready risk ... models using Safran Risk or other LBNL-approved tools. • Perform Monte Carlo simulation ...

Bay Systems

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Risk Manager

Berkeley, CA · On-site

$90/hr

Develop and maintain quantitative cost and schedule risk models . * Perform Monte Carlo simulations ... Proven experience managing risk for large, technically complex capital, infrastructure, scientific ...

New

Hill International

Risk Manager

Berkeley, CA · On-site

Develop and maintain integrated cost and schedule risk-analysis models using Safran Risk or other ... Evaluate proposed management decisions, baseline changes, recovery strategies, and acceleration ...

b aysystemsinc

Senior Risk Manager

Berkeley, CA · On-site

$96 - $152/hr

Develop and maintain quantitative cost and schedule risk models . * Perform Monte Carlo simulations ... Proven experience managing risk for large, technically complex capital, infrastructure, scientific ...

Socket.dev

Senior Project Risk Manager

Berkeley, CA · On-site

$229.23/hr

Develop and maintain integrated cost and schedule risk-analysis models; perform Monte Carlo ... Develop and deliver role-based risk-management training, establish quality checks for risk ...

New

Blue Shield of California

AI Auditor, Senior

Oakland, CA · On-site

$90K - $136K/yr

... model risk management, or related assurance functions * Experience with artificial intelligence, machine learning, advanced analytics, automation, AI platforms, AI governance, model risk, or emerging ...

Delviom LLC

Overwatch- Guardrails Engineer

Concord, CA · On-site

... Model risk management and regulatory controls · Test automation and evaluation frameworks · Python development and scripting · Evidence generation and compliance automation · Experience ...

Blue Shield of California

AI Auditor, Consultant

Oakland, CA · On-site

$111K - $167K/yr

... model risk management, or related assurance functions * Experience with artificial intelligence, machine learning, advanced analytics, automation, AI platforms, AI governance, model risk, or emerging ...

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All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Brentwood, CA

Model Risk Manager information

See Brentwood, CA salary details

$56.7K

$122.8K

$187.2K

How much do model risk manager jobs pay per year?

As of Aug 25, 2026, the average yearly pay for model risk manager in Brentwood, CA is $122,824.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,100.00 and $142,000.00 per year, depending on experience, location, and employer.

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 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 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 job categories do people searching Model Risk Manager jobs in Brentwood, CA look for?

The top searched job categories for Model Risk Manager jobs in Brentwood, CA are:

What cities near Brentwood, CA are hiring for Model Risk Manager jobs?

Cities near Brentwood, CA with the most Model Risk Manager job openings:

Model Risk Manager jobs near you

Risk Manager

LTD Global

Berkeley, CA • On-site

$85 - $90/hr

Contractor

Posted 13 days ago

Job description

Senior Project Risk Manager
We're seeking an experienced Senior Project Risk Manager to lead the risk-management program for a large-scale, technically complex capital construction/upgrade project. This person will serve as the principal advisor on risk, delivering independent assessments of threats and opportunities affecting scope, cost, schedule, technical performance, and milestones - combining program leadership, quantitative analysis, mitigation oversight, and executive reporting.
Key Responsibilities
  • Program Leadership: Maintain the Risk Management Plan, taxonomy, and governance cadence; facilitate the Risk Management Board; maintain the risk register
  • Risk Identification: Run risk workshops and reviews across technical, procurement, staffing, and commissioning areas; develop well-supported risk statements; spot cross-cutting and compounding risks
  • Quantitative Analysis: Build and maintain cost/schedule risk models; run Monte Carlo simulations, sensitivity and scenario analysis; assess contingency adequacy; support rebaselines and funding decisions
  • Mitigation Management: Help owners build measurable mitigation plans; track commitments and escalate stalled or ineffective actions
  • Forward-Looking Analysis: Assess critical-path risk, vendor/staffing/funding exposure, and external dependencies
  • Reporting: Deliver monthly reports and executive briefings; maintain auditable risk records
  • Training: Develop risk-management training and quality standards; benchmark against industry practices

Required Qualifications
  • Bachelor's degree (engineering, construction/project management, business, economics, math, statistics, or related) + 8+ years in project risk management, controls, estimating, scheduling, or complex capital projects
  • Experience leading risk management on a large, technically complex capital/infrastructure/scientific/aerospace program
  • Experience with risk registers, workshops, senior-level reviews, and mitigation tracking
  • Experience with Monte Carlo simulation, uncertainty/sensitivity analysis, and contingency confidence assessment
  • Experience integrating risk data with schedules, cost estimates, EAC, and change control
  • Strong analytical, communication, and cross-functional collaboration skills

Preferred Qualifications
  • DOE Order 413.3B or similar federally governed project experience; familiarity with DOE Guide 413.3-7A
  • Safran Risk Manager, Primavera P6, EVMS experience
  • Experience with rebaselines, recovery plans, or independent cost estimates
  • Background in accelerator/scientific facilities, industrial construction, aerospace, or defense
  • PMI-RMP, PMP, AACE certification, or advanced degree

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