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

Cortex

Manager, Risk Portfolio

Irving, TX · On-site

Utilize advanced statistical software to develop tree-based and regression models to minimize ... Portfolio Risk Management; Data Analytics and Model Implementation (SAS, SQL, or Python); and ...

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 ...

Scotiabank

Manager, Risk Management Audit

Dallas, TX · On-site

Strong knowledge of risk management functions, specifically financial risk (e.g., liquidity/treasury, market, counterparty credit risk) and related non-financial risk (e.g., model, operational) and ...

Pwc

Data Validation Risk - Manager

Dallas, TX · On-site

$99K - $232K/yr

... Risk Manager, you will play a pivotal role within our Risk & Regulatory practice, focusing on ... You will utilize skills in data manipulation, visualization, and statistical modeling to support ...

Scotiabank

Manager, Risk Management Audit

Dallas, TX · On-site

... model, operational) and audit functions. Prior auditing experience in these areas. Exposure in working with risk management personnel would be an asset. • Strong ability to assess design ...

AECOM

Program Risk Analyst

Dallas, TX

Support program Risk Manager in the area of Program Risk Management, including but not limited to ... Develop quantitative integrated cost and schedule Program risk models using risk software and ...

AECOM

Program Risk Analyst

Dallas, TX · On-site +1

$85K - $100K/yr

Support program Risk Manager in the area of Program Risk Management, including but not limited to ... Develop quantitative integrated cost and schedule Program risk models using risk software and ...

AECOM

Program Risk Analyst

Dallas, TX · On-site

Support program Risk Manager in the area of Program Risk Management, including but not limited to ... Develop quantitative integrated cost and schedule Program risk models using risk software and ...

Regional Finance

Manager Credit Risk

Plano, TX · On-site

Job purpose The Manager, Credit Risk is responsible for performance analysis, operational reporting ... Mines, models, analyzes large datasets, and utilizes predictive modeling techniques with an ...

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

Model Risk Manager information

See Garland, TX salary details

$49.8K

$107.8K

$164.3K

How much do model risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for model risk manager in Garland, TX is $107,783.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,000.00 and $124,600.00 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 Garland, TX? For Model Risk Manager jobs in Garland, TX, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Garland, TX look for? The top searched job categories for Model Risk Manager jobs in Garland, TX are:
What cities near Garland, TX are hiring for Model Risk Manager jobs? Cities near Garland, TX with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
Manager, Risk Portfolio

Manager, Risk Portfolio

Cortex

Irving, TX • On-site

Full-time

Posted 7 days ago

Job description

Cortex Management, LLC seeks Managers, Risk Portfolio in Irving, TX.
  • Oversee improving profitability of the portfolio with strategies that either reduce credit risk or increase revenue with innovative line and product strategies.
  • Manage a small team of analysts focused on driving improvements in portfolio profitability by reducing losses and increasing revenue.
  • Partner with Marketing, Product and Technology teams to achieve annual profitability goal.
  • Utilize advanced statistical software to develop tree-based and regression models to minimize. Credit/fraud losses and maximize response and approval rates.
  • Use statistical and query tools such as SAS, SQL, or Python to analyze and propose Underwriting, Line Assignment, Fraud, and pricing strategies.
  • Present findings and make recommendations to management team.
  • Design and test line assignment strategies to improve portfolio profitability.
  • Recommend optimal line strategies that increase revenue and minimize losses and implement new strategy.
  • Interact directly with clients, providing recommendations and seeking their input on approach and outcomes.

Requires a Bachelor's degree in Business Administration, Statistics, or a related field (or the equivalent) plus 3 years of related experience. Requires 3 years of experience in the following: Credit Risk Analysis and Underwriting; Portfolio Risk Management; Data Analytics and Model Implementation (SAS, SQL, or Python); and Marketing Campaign Strategy and Execution. Requires 2 years of experience in Cross-Functional Collaboration and Project Management. Requires 1 year of experience in the following: Financial Modeling and Credit Rating; and Regulatory and Risk Compliance. 100% Telecommuting permitted.
Must also have authority to work permanently in the U.S. Applicants who are interested in this position may apply at www.jobpostingtoday.com (Ref #76976)) for consideration.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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