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Model Risk Manager Jobs in Charlotte, NC (NOW HIRING)

... model risk management, end user computing (EUC) management, loss events, third-party risk, data risk, Policy and procedure Support, and cyber risk. Utilizes risk expertise to support the ...

New

This Technology Risk Manager position will support the Technology Infrastructure organization. To ... Public cloud platforms (AWS and Azure) - service enablement/blueprint processes, IAM models, PaaS ...

The Fraud Risk Manager within the Control and Oversight Group in Personal Wealth is responsible for ... How We Work Vanguard has implemented a hybrid working model for the majority of our crew members ...

The Fraud Risk Manager within the Control and Oversight Group in Personal Wealth is responsible for ... How We Work Vanguard has implemented a hybrid working model for the majority of our crew members ...

Quantitative Modeler Manager - AML

Charlotte, NC · On-site

$53.50 - $69.25/hr

S. Bank Model Risk Governance standards, and collaborating with Model Risk Validation to address ... Management, internal audit and quality assurance functions, business partners, and regulators.

Quantitative Modeler Manager - AML

Charlotte, NC · On-site

$53.50 - $69.25/hr

S. Bank Model Risk Governance standards, and collaborating with Model Risk Validation to address ... Management, internal audit and quality assurance functions, business partners, and regulators.

Showing results 21-40

Model Risk Manager information

See Charlotte, NC salary details

$50.3K

$109K

$166K

How much do model risk manager jobs pay per year?

As of Aug 6, 2026, the average yearly pay for model risk manager in Charlotte, NC is $108,958.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,900.00 and $126,000.00 per year, depending on experience, location, and employer.

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 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 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 Charlotte, NC? For Model Risk Manager jobs in Charlotte, NC, the most frequently searched job titles are:
What cities near Charlotte, NC are hiring for Model Risk Manager jobs? Cities near Charlotte, NC with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in Charlotte, NC as of August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $108,958 per year, or $52.4 per hour.

Business Risk Specialist II

Truist

Charlotte, NC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New


Truist rating

7.9

Company rating: 7.9 out of 10

Based on 117 frontline employees who took The Breakroom Quiz

79th of 170 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:A first line of defense risk professional within the Finance Business Execution and Risk Office (BERO), responsible for the execution, coordination, and support of various risk programs aligned to Finance business partners, including but not limited to business and regulatory change initiatives, model risk management, end user computing (EUC) management, loss events, third-party risk, data risk, Policy and procedure Support, and cyber risk. Utilizes risk expertise to support the implementation, governance, and continuous improvement of risk programs in alignment with regulatory expectations while balancing business needs and program execution requirements. Partners closely with first, second, and third line risk teams, Risk Specialist, and Finance Business Unit stakeholders to promote effective risk management practices and operational excellence.
Business risk specialist responsible for supporting and executing governance activities, operational risk monitoring, issue management, remediation tracking, and enterprise risk program implementation across assigned business areas. Serves as a key contributor to operational risk management efforts by providing analysis, coordination, stakeholder support, and governance execution while reinforcing business ownership of risk, operational accountability, and adherence to enterprise governance requirements. Delivers visibility and analysis into operational risk trends, remediation progress, governance priorities, and business readiness activities through ongoing monitoring, reporting, and coordination activities.

LOCATION:


** Truist in-office requirement is 5 days per week**

Please note: candidate must be located in the following location:

  • Charlotte, NC
  • Atlanta

No remote or telecommute option

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.


Risk Culture & Operational Integration

  • Assess, evaluate, and communicate risk and governance issues, while promoting business ownership of risk and operational accountability through stakeholder engagement.
  • Influence and contribute to the ongoing enhancement and maturation of enterprise risk programs to align with regulatory expectations and business objectives.
  • Identify and implement opportunities to increase efficiency, consistency, scalability, and effectiveness across risk management activities and operations.
  • Provide feedback and partnership support to second- and third-line risk teams, including participation in program reviews, testing activities, and ongoing risk management initiatives.

Governance, Reporting & Leadership Support

  • Execute enterprise risk program requirements and governance activities across assigned business areas, including assessing, monitoring, and escalating operational, control, and regulatory concerns.
  • Analyze and interpret KRIs, risk reporting, and remediation activity, coordinating governance actions and commitments to promote accountability and effective risk management outcomes.
  • Facilitate governance forums, escalations, and committee activities, including developing reporting and risk insights to inform leadership decisions and operational oversight.
  • Develop risk-related materials for level II and III committees, and governance meetings.

Business Coordination & Operational Support

  • Partner with ECCO, Compliance, Audit, Legal, and enterprise governance partners to advance governance objectives, stakeholder communication, and remediation efforts.
  • Communicate, train, and monitor adherence to risk program requirements among Finance business partners and BERO teammates; provide coaching and share best practices to drive consistency and effectiveness.
  • Act as a liaison between BERO, Finance business units, and second-line risk program owners and advisors.

Business-Specific Risk Support & Execution

  • Deliver recommendations for updates to policies, standards, procedures, and governance practices supporting risk program execution.
  • Execute and support change and regulatory change risk, external events, data risk, model risk, EUC management, third-party risk, and Program risk activities for the assigned business unit.
  • Analyze incidents and risk trends, assess remediation effectiveness, and evaluate process weaknesses to identify risk mitigation opportunities and strengthen governance outcomes.


Required Qualifications:


The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


1. Bachelor's degree in Business, Finance, Accounting, Risk Management, Economics, Public Administration, Information Systems, or equivalent professional experience
2. 5+ years of experience in operational risk management, governance, compliance, audit, controls, business operations, or related disciplines
3. Strong understanding of operational risk management principles, governance frameworks, issue management processes, remediation oversight activities, and control monitoring practices
4. Experience supporting enterprise risk programs, governance reporting, audits, regulatory examinations, or operational governance activities
5. Ability to analyze operational risks, control concerns, remediation activities, and governance information to identify trends and support management decision-making
6. Strong communication, stakeholder engagement, and coordination skills
7. Experience preparing governance reporting, operational metrics, KRIs, risk summaries, and management materials
8. Ability to manage multiple priorities and coordinate activities across business functions and enterprise partners
9. Strong analytical, organizational, documentation, and problem-solving capabilities
10. Proficiency with Microsoft Office applications, reporting tools, and data analysis techniques

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work


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About Truist

Sourced by ZipRecruiter

Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019