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Model Risk Manager Jobs in Portland, OR (NOW HIRING)

Understanding of industry regulatory requirements (e.g. data privacy, audit, model risk management) and how to design AI solutions that comply with them. • Security & Compliance Focus: hands-on ...

... risk culture in the center, and demonstrating that we are here collectively to help customers ... Model an inclusive environment for employees and clients, aligned to company D&I goals. • Manager ...

Project Manager

Vancouver, WA · On-site

$38.92 - $50.95/hr

... risk initiatives with legal, commercial, and operational considerations ... Establish and operationalize new customer support channels, including onshore and offshore models.

... managing expectations, and supporting long-term engagement success. Drive end-to-end sales and ... Apply architecture decisions that balance quality, safety, latency, cost, and model risk. Deliver ...

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Showing results 1-20

Model Risk Manager information

See Portland, OR salary details

$54.6K

$118.3K

$180.3K

How much do model risk manager jobs pay per year?

As of Jul 10, 2026, the average yearly pay for model risk manager in Portland, OR is $118,306.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,400.00 and $136,800.00 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 Portland, OR? For Model Risk Manager jobs in Portland, OR, the most frequently searched job titles are:
Infographic showing various Model Risk Manager job openings in Portland, OR as of July 2026, with employment types broken down into 62% Full Time, 25% Part Time, and 13% Contract. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $118,306 per year, or $56.9 per hour.
Director, Internal Audit and Risk Management

Director, Internal Audit and Risk Management

PacifiCorp

Portland, OR

$155K - $213K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


PacifiCorp rating

8.8

Company rating: 8.8 out of 10

Based on 19 frontline employees who took The Breakroom Quiz


Job description

Power Your Greatness

PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability, inclusion and belonging.

General Purpose
 
As Director of Audit, you will lead PacifiCorp's internal audit function shaping a forward-looking, risk-based audit strategy and partnering closely with senior leadership to ensure the effectiveness and integrity of our internal controls. In this highly visible role, you'll guide complex audit initiatives, collaborate with external auditors, and engage regularly with the Berkshire Hathaway Audit Committee, offering a unique opportunity to make a meaningful impact on governance, transparency, and long-term business success.
Responsibilities

Internal Audit:

 

  • Act as the principal internal audit leader, accountable for the overall management and strategic leadership for PacifiCorp's internal audit function.
  • Establish and maintain Audit department standards and policies, consistent with corporate policy, to guide the technical and administrative performance of audit activities. Ensure compliance with those policies.
  • Conduct annual risk and fraud assessments based on input from PacifiCorp and Berkshire Hathaway management, external auditors, and external factors to develop a dynamic audit plan.
  • Develop Audit goals, objectives, and key performance indicators (KPI) to execute the dynamic audit plan. Monitor progress against the audit plan and KPIs.
  • Coordinate SOX Internal Audit testing to evaluate the design and operating effectiveness of internal controls over financial reporting.
  • Collaborate across business and IT to identify risks and drive process improvement.
  • Maintain ongoing communication with external auditors on SOX planning, walkthroughs and testing, audit requests, and any deficiency evaluation.
  • Communicate audit findings/recommendations to promote constructive change; collaborate with management to establish and validate timely, appropriate remediation plans and monitor those plans.
  • Interface regularly with the Berkshire Hathaway Audit Committee.

Leadership and Team Management:

 

  • Lead, mentor, and develop the audit team.
  • Foster a culture of integrity, accountability, and financial transparency.
Requirements
  • Bachelor's degree in accounting, Finance, Business Administration, or a related field. Relevant advanced degree preferred.
  • Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or other relevant certification required.
  • Minimum of 10 years of experience in audit, risk management, compliance, or related fields, with at least 5 years of management or equivalent experience.
  • In-depth knowledge of auditing standards, regulatory compliance requirements, financial modeling, and risk assessment/management frameworks is essential.
  • Strong understanding of regulatory requirements and industry standards for electric utility companies.
  • Excellent analytical, problem-solving, communication, and presentation skills.
  • Must operate with and foster a culture of objective, sound judgment, integrity, and transparency.
  • Ability to influence and work effectively across all levels of the organization.
  • Strong leadership with proven ability to lead and develop high-performing teams.
  • Experience working with Boards of Directors and Audit Committees is desirable.
Additional Information

Req Id: 114740 
Company Code: PACIFICORP #PM25
Primary Location: PORTLAND, OR
Department: CFO 
Schedule: Full Time, 100% onsite
Hiring Range: $155,300 - $213,510  

This position is eligible for an annual discretionary performance incentive bonus of up to 20.00% of salary.   

BENEFITS:

At PacifiCorp, we understand that living a healthy lifestyle isn't just about your physical health - your mental, financial, and social wellbeing also play an important role. That's why we offer a wide range of benefits designed to help you live a more balanced lifestyle


Our Benefits include: 

  • Medical, dental, and vision insurance
  • 401k with match fixed contributions, including a Roth and saving option. For union employees, matching contributions vary by union. For nonunion, PacifiCorp makes a fixed contribution equal to 4% of your eligible pay each year for new hires. In addition, PacifiCorp matches 100% of the first 6% you contribute. 
  • Life insurance
  • Additional voluntary benefits, including pet insurance
  • Tuition Assistance
  • Mass Transit Pass for employees in our Portland and Salt Lake City Offices.

 

Work Life Balance:

  • Generous Paid Time Off (PTO) - Time off varies by employee type (Union or Non-Union)
  • Paid short-term disability leave and long-term disability insurance
  • Paid Parental Leave
  • Paid Bereavement Leave 
  • Employee Assistance Program supporting mental and emotional wellbeing

For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US

Employees must be able to perform the essential functions of the position with or without accommodation.

PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.


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