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

Develop and maintain integrated cost and schedule risk-analysis models using Safran Risk or other ... Support management assessments and focused analyses requested by project leadership.

New

Develop and maintain integrated cost and schedule risk-analysis models using Safran Risk or other ... Support management assessments and focused analyses requested by project leadership.

New

... models to support captive risk strategies and portfolio optimization. * Manage claims from reporting through settlement; coordinate with third-party administrators, claim adjusters, insurers, and ...

New

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

Develop and maintain quantitative economic risk models to evaluate the probability and impact of ... Ability to manage challenging behaviors and maintain effective working relationships based on ...

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

Develop and maintain quantitative economic risk models to evaluate the probability and impact of ... Ability to manage challenging behaviors and maintain effective working relationships based on ...

Role Context We are seeking an experienced Fraud Risk Manager to lead the development and execution ... Implement and refine fraud detection models using transaction data, user behavior, device ...

Role Context We are seeking an experienced Fraud Risk Manager to lead the development and execution ... Implement and refine fraud detection models using transaction data, user behavior, device ...

Security Risk Manager

San Francisco, CA · Hybrid

$194K - $220K/yr

As the Security Risk Manager, you will own Asana's internal security risk management program end-to ... Hands-on experience with quantitative risk methodologies such as FAIR, risk scoring models, or ...

As the Security Risk Manager, you will own Asana's internal security risk management program end-to ... Hands‑on experience with quantitative risk methodologies such as FAIR, risk scoring models, or ...

Security Risk Manager

San Francisco, CA · On-site

$194K - $220K/yr

As the Security Risk Manager, you will own Asana's internal security risk management program end-to ... Hands-on experience with quantitative risk methodologies such as FAIR, risk scoring models, or ...

Experience with risk management frameworks, risk quantification models (e.g., FAIR) or building ... custom risk scoring approaches * Experience with security risk assessments, controls, and threat ...

Experience with risk management frameworks, risk quantification models (e.g., FAIR) or building ... custom risk scoring approaches * Experience with security risk assessments, controls, and threat ...

As the Security Risk Manager, you will own Asana's internal security risk management program end-to ... Hands‑on experience with quantitative risk methodologies such as FAIR, risk scoring models, or ...

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Model Risk Manager information

See Hayward, CA salary details

$59K

$127.9K

$194.9K

How much do model risk manager jobs pay per year?

As of Aug 11, 2026, the average yearly pay for model risk manager in Hayward, CA is $127,898.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,200.00 and $147,900.00 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 Hayward, CA? For Model Risk Manager jobs in Hayward, CA, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Hayward, CA look for? The top searched job categories for Model Risk Manager jobs in Hayward, CA are:
What cities near Hayward, CA are hiring for Model Risk Manager jobs? Cities near Hayward, CA with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in Hayward, CA as of July 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution, with an average salary of $127,898 per year, or $61.5 per hour.

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Job description

Spectra Tech has an immediate need for an experienced Senior Project Risk Manager to lead, administer, and continuously improve the ALS-U integrated risk-management program in Berkeley, CA.

The work shall support identification, assessment, quantification, mitigation, monitoring, escalation, and reporting of technical, cost, schedule, procurement, installation, operational, organizational, and external project risks and opportunities. The Senior Project Risk Manager shall provide independent, objective, and decision-ready risk information to ALS-U Project leadership and shall work closely with the Project Director, Project Manager, Chief Engineer, Technical Project Managers, Project Controls Manager, Control Account Managers, functional leads, risk owners, Laboratory management, the Department of Energy, and external review committees. The work shall be performed in accordance with applicable requirements and guidance, including DOE Order 413.3B, DOE risk-management guidance, the approved ALS-U Project Execution Plan, the ALS-U Risk Management Plan, and applicable policies and procedures.

Responsibilities shall include: * Maintain and periodically update the ALS-U Risk Management Plan, supporting procedures, risk taxonomy, scoring criteria, and governance cadence. * Maintain the project risk register and associated configuration-controlled records. * Serve as the principal project advisor on risk-management matters. * Provide independent and objective assessments of threats and opportunities affecting project scope, cost, schedule, technical performance, installation readiness, commissioning, and achievement of Key Performance Parameters. * Facilitate the ALS-U Risk Management Board and focused risk reviews. * Develop meeting agendas, document decisions, track assigned actions, and elevate unresolved or inadequately managed risks to project leadership. * Establish and maintain a disciplined risk-management process in which assumptions are explicit, ownership is assigned, mitigation commitments are traceable, and material information is communicated promptly.

Responsibilities shall include: * Facilitate project-wide risk workshops, subsystem risk reviews, schedule-risk sessions, lessons-learned reviews, and targeted risk deep dives. * Participate in technical, procurement, vendor-performance, installation-readiness, commissioning-readiness, staffing, space, logistics, and other project reviews to identify relevant risks and opportunities. * Develop and maintain risk statements that clearly identify the causal event, affected condition, and potential consequence. * Ensure risk entries include defensible probability, cost, schedule, technical, and programmatic bases. * Maintain complete and current risk information in Safran Risk Manager or another approved system. * Document risk ownership, affected Work Breakdown Structure elements, triggers, handling strategies, mitigation actions, due dates, retirement criteria, residual exposure, and supporting rationale. * Identify cross-cutting, systemic, correlated, and compounding risks that may not be visible within individual control accounts or technical systems. Reconcile risk assumptions with the Integrated Master Schedule, Basis of Estimate documentation, procurement plans, technical maturity assessments, staffing plans, change-control actions, funding assumptions, and other project-control records.

Responsibilities shall include: * Develop and maintain integrated cost and schedule risk-analysis models using Safran Risk or other LBNL-approved tools. * Perform Monte Carlo simulation, sensitivity analysis, scenario analysis, estimateuncertainty analysis, schedule-uncertainty analysis, risk correlation, and confidence-level assessment. * Evaluate the realism and quality of probability distributions, risk impacts, estimate uncertainty, schedule uncertainty, correlation assumptions, mitigation assumptions, and retirement timing. * Coordinate with Project Controls to map risk events and mitigation actions to P6 activities, milestones, cost estimates, control accounts, critical and near-critical paths, schedule margin, and contingency forecasts. * Evaluate cost and schedule contingency adequacy and changes in exposure. * Reconcile modeled exposure with available contingency, realized risks, retired risks, emerging threats, and approved baseline changes. * Interpret quantitative results for technical and nontechnical audiences, including principal risk drivers, assumptions, limitations, sensitivity, and changes from prior analyses. * Support baseline-change proposals, recovery plans, acceleration strategies, funding scenarios, independent cost reviews, and DOE reviews.

Responsibilities shall include: * Assist risk owners in developing specific, measurable, time-phased, and adequately resourced mitigation plans. * Evaluate whether proposed mitigation actions are likely to reduce probability or impact as intended. * Track mitigation commitments, trigger conditions, due dates, retirement milestones, effectiveness measures, and residual exposure. * Identify overdue, stalled, inadequately resourced, or ineffective mitigation actions. * Escalate material concerns when risk information is not maintained, mitigation actions are not progressing, exposure is increasing, or project decisions are inconsistent with the documented risk posture. Distinguish risks from realized issues, assumptions, constraints, opportunities, and management actions and ensure each is addressed through the appropriate project process. * Preserve the responsibility of Technical Project Managers, System Leads, CAMs, and designated risk owners for executing assigned mitigation actions while maintaining accountability for the integrity of the overall risk-management process.

Responsibilities shall include: * Conduct forward-looking assessments of critical-path and near-critical-path work. * Evaluate vendor-delivery exposure, staffing constraints, funding scenarios, workspace limitations, installation sequencing, technical interfaces, construction readiness, commissioning readiness, and off-project dependencies. * Assess risks associated with design maturity, procurement performance, fabrication, installation, testing, commissioning, and transition to operations. * Evaluate proposed management decisions, baseline changes, recovery strategies, and acceleration scenarios for secondary effects and changes in risk exposure. * Monitor external dependencies, including DOE actions, funding profiles, regulatory approvals, tariffs, supply-chain conditions, institutional commitments, labor availability, and interfacing organizations. * Support management assessments and focused analyses requested by project leadership.

Responsibilities shall include: * Prepare monthly risk reports identifying top project risks, emerging risks, changes in exposure, mitigation status, contingency implications, and matters requiring leadership action. * Develop and present risk briefings to project leadership, Laboratory management, DOE representatives, review committees, CAMs, and technical teams. * Provide risk-analysis inputs to monthly reporting, forecasting, change control, rebaseline documentation, project reviews, and management decision packages. * Maintain auditable records of Risk Management Board decisions, risk acceptance, ownership changes, mitigation commitments, retirement decisions, model assumptions, and quantitative-analysis results. * Respond to review recommendations, information requests, and corrective-action requirements affecting the risk-management program. Support development of DOE-facing narratives and presentations concerning project risk posture, contingency, and mitigation effectiveness.

Responsibilities shall include: * Develop and deliver role-based risk-management training for project personnel. * Establish practical guidance and quality checks for risk statements, impact estimates, mitigation plans, ownership, triggers, residual exposure, and retirement criteria. * Benchmark ALS-U practices against DOE capital-project experience and recognized project-risk-management standards. * Recommend improvements appropriate to the project's execution phase. * Support lessons-learned activities and continuous improvement of risk-management tools, procedures, and reporting.

Required Qualifications: Bachelor's degree in engineering, construction management, project management, business, economics, applied mathematics, statistics, or a related discipline, and at least eight years of progressively responsible experience in project risk management, project controls, cost estimating, scheduling, or management of complex capital projects; or an equivalent combination of education and experience. * Experience leading or administering risk management for a large, technically complex capital project, construction program, scientific facility, infrastructure program, aerospace or defense program, or comparable high-consequence undertaking. * Experience developing and maintaining project risk registers. * Experience facilitating risk workshops and senior-level risk reviews. * Experience assigning and tracking risk ownership and mitigation actions. * Experience performing or directing quantitative cost and schedule risk analysis. * Experience with Monte Carlo simulation, estimate uncertainty, schedule uncertainty, sensitivity analysis, and contingency confidence-level assessment. * Experience integrating risk information with an Integrated Master Schedule, cost estimate, Estimate at Completion, change-control process, and project performance reporting. * Experience producing executive-level risk assessments and defending methodology, assumptions, and results before senior management or independent reviewers. * Experience working across technical, project-management, project-controls, procurement, construction, operations, and institutional support organizations. * Strong analytical writing, presentation, facilitation, and executive-communication skills. Ability to challenge unsupported assumptions, raise unfavorable information, and escalate material concerns while maintaining constructive working relationships. * Strong records-management and configuration-control discipline.

Preferred Qualifications: Experience supporting a DOE Order 413.3B capital asset project or comparable federally governed major project. * Working knowledge of DOE Guide 413.3-7A or comparable capital-project riskmanagement guidance. * Experience with Safran Risk Manager and Safran Risk. * Proficiency with Primavera P6. * Familiarity with earned-value systems and EVMS concepts. * Experience supporting a project rebaseline, baseline deviation, recovery plan, independent cost estimate, external review, or major corrective-action effort. * Experience with accelerator facilities, scientific user facilities, installation-intensive projects, industrial construction, aerospace, defense, or other highly integrated technical programs. * Professional certification such as PMI Risk Management Professional, Project Management Professional, AACE certification, or equivalent. * Advanced degree in a relevant technical, analytical, or management discipline.