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

Sr. AI Governance Manager

Irvine, CA · On-site

$135K - $179K/yr

Job Title : Sr. AI Governance Manager Hyundai Capital America (HCA) helps people move forward ... Conduct model risk assessments, complete DPIAs/PIAs; define approval gates and documentation. 3. ...

Senior Analyst, Risk

Irvine, CA · On-site

$119K - $159K/yr

Maintain and analyze historical pricing models to support premium forecasting and optimization decisions. * Maintain Risk Management department records and the offsite storage register. * Coordinate ...

Maintain and analyze historical pricing models to support premium forecasting and optimization decisions. * Maintain Risk Management department records and the offsite storage register. * Coordinate ...

Maintain and analyze historical pricing models to support premium forecasting and optimization decisions. * Maintain Risk Management department records and the offsite storage register. * Coordinate ...

Sr. Cybersecurity GRC Manager

Irvine, CA

$119K - $161K/yr

... Manager / Sr. Manager: $600 o Director: $800 o Executive Director: $900 o VP or Above: $1,000 100 ... What You Will Do 1. Develop and executive internal security risk assessments, threat modeling, and ...

Sr. Cybersecurity GRC Manager

Irvine, CA · On-site

$132K - $204K/yr

What You Will Do 1. Develop and executive internal security risk assessments, threat modeling, and ... risk management framework aligned with business objectives and regulatory requirements. 3. ...

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Showing results 1-20

Model Risk Manager information

See Riverside, CA salary details

$53.7K

$116.4K

$177.4K

How much do model risk manager jobs pay per year?

As of Jun 19, 2026, the average yearly pay for model risk manager in Riverside, CA is $116,383.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,900.00 and $134,600.00 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 Riverside, CA? For Model Risk Manager jobs in Riverside, CA, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Riverside, CA look for? The top searched job categories for Model Risk Manager jobs in Riverside, CA are:
What cities near Riverside, CA are hiring for Model Risk Manager jobs? Cities near Riverside, CA with the most Model Risk Manager job openings:
Infographic showing various Model Risk Manager job openings in Riverside, CA as of June 2026, with employment types broken down into 95% Full Time, 4% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $116,383 per year, or $56 per hour.
Manager, Product Safety Risk Management

Manager, Product Safety Risk Management

JENAVALVE TECHNOLOGY INC

Irvine, CA • On-site

Full-time

Posted 6 days ago


Job description

Job Title: Manager, Product Safety Risk Management

Role Level: Individual Contributor

Supervisor/Manager Title: Vice President Quality and Compliance

Job Location & Environment: Irvine, CA- Corporate Office

Job Description Summary: Manager, Product Safety Risk Management is responsible for leading and advancing product safety risk management across JenaValve’s product portfolio, ensuring a consistent, compliant, and risk-based approach from concept through post-market surveillance. This role supports the product safety risk management framework and governance model, helping to drive clear, timely, and well-supported decisions across programs in alignment with ISO 14971, applicable regulatory requirements, design controls, usability engineering, and process risk management.
The Manager serves as a subject matter expert for complex product safety decisions, partners closely with cross-functional stakeholders, and contributes to audits, inspections, and regulatory interactions related to product safety. This is a manager-level individual contributor role with the opportunity to build team leadership responsibilities over time. Success in this role is reflected in effective detection and response to emerging post-market safety signals, strong quality of risk-based decisions, robust risk assessments during product development, and sustained inspection readiness.

Job Responsibilities:

  • Leads execution of the product safety risk management framework and governance model, ensuring consistent application of ISO 14971-aligned practices across the portfolio and throughout the product lifecycle.
  • Develops, implements, and continuously improves policies, procedures, templates, tools, and quality system controls that enable effective and scalable product safety risk management.
  • Provides product safety risk management leadership for complex programs, supporting cross-functional teams with timely, risk-based decision making, escalation, and resolution.
  • Ensures product safety risk management is integrated with design controls, software development lifecycles, usability engineering, process risk management, verification and validation, and post-market surveillance.
  • Oversees the quality and completeness of risk management files and related documentation, including hazard analyses, FMEAs, fault tree analyses, benefit-risk analyses, residual risk evaluations, and Health Hazard Evaluations.
  • Leads post-market safety activities, including safety signal assessment, Health Hazard Evaluations, CAPAs, and cross-functional response planning, to support effective monitoring of product risk performance.
  • Contributes product safety risk management content for regulatory submissions, design changes, and product lifecycle assessments.
  • Partners in audits, inspections, and regulatory interactions related to product safety, helping ensure sustained inspection readiness and effective response to findings and inquiries.
  • Establishes and monitors meaningful metrics to assess the effectiveness of product safety risk management processes and product performance.
  • Promotes a culture of patient safety, accountability, and continuous improvement.

Required Education and Experience:

  • 8–10 years of progressive experience in medical device or healthcare technology, including significant responsibility for product safety risk management in regulated environments.
  • Demonstrated expertise applying ISO 14971 across pre-market and post-market phases, including experience with risk management processes and governance.
  • Strong understanding of design controls and their integration with usability engineering, and post-market surveillance.
  • Proven ability to influence senior stakeholders, lead cross-functional decision making, and communicate complex risk issues with clarity and judgment.
  • Experience leading initiatives or mentoring others in product safety risk management or closely related quality and regulatory functions is preferred.

Skills and Abilities Required for This Job:

  • Advanced knowledge of applicable standards and regulations, including ISO 13485, 21 CFR Part 820, and EU MDR 2017/745.
  • Strong working knowledge of risk management methods and deliverables, including hazard analysis, FMEA, fault tree analysis, benefit-risk analysis, and residual risk evaluation.
  • Experience with quality systems, product development processes, and enabling technologies or work management platforms that support product lifecycle and risk management activities.

Leadership Competencies

  • Exercises sound judgment and operate effectively with a high degree of independence in a complex environment.
  • Drives accountability, collaboration, and continuous improvement across functions while maintaining a strong focus on patient safety and product quality.
  • Demonstrates leadership through influence, partnership, and effective communication across levels of the organization.

Physical Requirements:

  • Travel domestic and international up to10% time.