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Model Risk Manager Jobs in Citrus Heights, CA (NOW HIRING)

Risk Cost Analyst

Sacramento, CA · Hybrid

$70K - $110K/yr

... cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates ... Familiarity with risk management and cost analysis concepts * Strong organizational, communication ...

Risk Cost Analyst

Sacramento, CA · Hybrid

$70K - $110K/yr

... cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates ... Familiarity with risk management and cost analysis concepts * Strong organizational, communication ...

Risk Cost Analyst

Sacramento, CA · On-site

$70K - $110K/yr

... cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates ... Familiarity with risk management and cost analysis concepts * Strong organizational, communication ...

Risk Cost Analyst

Sacramento, CA · On-site

$42 - $57/hr

... cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates ... Bachelor's degree in engineering, construction management, finance, business, or related field, or ...

Risk Cost Analyst

Sacramento, CA · On-site

$42 - $57/hr

... cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates ... Master's degree in engineering, construction management, finance, or business. * Active ...

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Compliance and Operational Risk Manager Secondary: VP of Compliance and Risk Management Status ... As the region's largest Community Health System, WellSpace utilizes a Confluence Model to integrate ...

Anaplan Level 2 Model Builder or higher; OneStream or Oracle EPM certifications * 5+ years ... Managing project activities, deliverables, timelines, and stakeholder expectations across ...

Showing results 21-40

Model Risk Manager information

See Citrus Heights, CA salary details

$53.4K

$115.7K

$176.4K

How much do model risk manager jobs pay per year?

As of Aug 22, 2026, the average yearly pay for model risk manager in Citrus Heights, CA is $115,727.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,400.00 and $133,800.00 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 are popular job titles related to Model Risk Manager jobs in Citrus Heights, CA?

For Model Risk Manager jobs in Citrus Heights, CA, the most frequently searched job titles are:

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

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

Infographic showing various Model Risk Manager job openings in Citrus Heights, CA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $115,727 per year, or $55.6 per hour.

SENIOR RISK ADJUSTMENT SPECIALIST (2801)

VIVANT HEALTH

Sacramento, CA • On-site

$97K/yr

Full-time

Re-posted 29 days ago


Job description

Job Summary:

The Senior Risk Adjustment Factor (RAF) Specialist supports Vivant’s risk adjustment initiatives within the IPA’s Medicare Advantage line of business. This advanced role ensures accurate and complete documentation and coding of diagnoses to optimize member Risk Adjustment Factor (RAF) scores, supporting quality patient care and accurate reimbursement under CMS guidelines. The Senior RAF Specialist collaborates closely with providers, coders, and care management teams to identify and implement opportunities for RAF improvement through education, chart reviews, and data analysis.

Responsibilities:

  • Own coding and Monthly Membership Report reconciliation.
  • Lead provider education (training, specialty tip-sheets, and targeted on-on-one feedback).
  • Run/own audit program (sampling, error trending, corrective action, and RADV-readiness support).
  • Lead audit pass rates, sustained provider documentation improvement, RAF accuracy lift, reduced audit risk, and education completion/impact.
  • Review and analyze clinical documentation and diagnosis coding to ensure compliance with CMS-HCC (Hierarchical Condition Category) guidelines.
  • Monitor and report RAF score trends across assigned providers, physician groups, and Medicare populations.
  • Conduct retrospective and prospective chart reviews to identify coding gaps, suspected conditions, and missed opportunities.
  • Partner with provider offices to ensure accurate submission of encounter data and supplemental claims.
  • Work collaboratively with health plan and IPA coding teams to reconcile risk score discrepancies and validate data accuracy.
  • Support provider education programs on compliant documentation and coding practices (HCC, ICD-10, and CMS Risk Adjustment methodology).
  • Compile RAF performance dashboards and support audit and reconciliation processes related to Medicare risk adjustment.
  • Participate in outreach campaigns to ensure timely completion of annual wellness visits and other risk-capture opportunities.
  • Stay current with CMS updates, HCC model changes, and risk adjustment regulatory requirements.
  • Assist in developing workflow improvements for documentation, coding, and data submission.
  • Performs related duties consistent with the scope and intent of the position.
  • Regular attendance.
  • Travel as required

Other Functions

  • Enforces Company policies and safety procedures.
  • Regularly updates job knowledge by participating in educational opportunities, reading professional publications, maintaining professional networks, and participating in professional organizations.
  • Maintain IPA, Health Plan compliance standards.

Competencies

  • Minimum of 5-8 years of experience in Risk Adjustment, HCC coding, or Medicare Advantage operations.
  • 3-5 years of Independent Physician Association (IPA) or health plan environment preferred.
  • Cozeva experience preferred.
  • Strong knowledge of ICD-10, HCC risk adjustment models, CMS guidelines, and Medicare Advantage programs.
  • Proficiency in EMR/EHR systems, risk adjustment analytics platforms, and Microsoft Office Suite (Excel, Power BI preferred).
  • Ability to analyze data, identify trends, and develop actionable insights.
  • Excellent communication, both oral and written, and interpersonal skills for provider education and collaboration.
  • Excellent attention to detail and ability to document information accurately.
  • Excellent active listening skills.
  • Ability to solve advanced-level problems with minimal supervision.
  • Ability to multi-task, exercise excellent time management, and meet multiple deadlines.
  • Ability to provide and receive constructive job and/or industry related feedback.
  • Ability to maintain confidentiality and appropriately share information on a need-to-know basis.
  • Ability to exercise sound discretion and strict maintenance of confidentiality of all confidential and sensitive communications and information.
  • Ability to consistently deliver excellent customer service.
  • Self-motivated with strong organizational, multi-tasking, planning, and follow up skills.
  • Ability to work independently as well as in a team environment.
  • Ability to present self in a professional manner and represent the Company image.
  • Ability to effectively and positively work in a dynamic, fast-paced team environment and achieve objectives.
  • Demonstrate commitment to the organization’s mission.
  • Typing speed of 40 wpm or more is a plus.
  • Must have the ability to quickly learn and use new software tools.
  • Must have advanced-level skills using e-mail applications.

Education and Certification

  • High School Diploma or GED required.
  • Associate’s or Bachelor’s degree in Health Information Management, Health Administration, Nursing, or related field preferred.
  • Certified Professional Coder (CPC), Certified Risk Adjustment Coder (CRC), Certified Professional Medical Auditor (CPMA), or equivalent credential required.
  • Must have an active and unrestricted California Driver’s license.
  • Must have auto insurance and reliable transportation.

Travel

  • The incumbent may travel up to 25% of the time.

Work Environment

This job operates in a professional office environment.  This role routinely uses office equipment such as computers, phones, photocopiers, scanners and filing cabinets.