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Model Risk Manager Jobs in Rockwell, NC (NOW HIRING)

The role partners closely with Second Line of Defense (2LOD) teams (Enterprise Risk Management, Model Risk Management, Compliance, Law Division, and Technology Risk Oversight) to ensure emerging AI ...

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models ...

Manages strategic initiatives and assists with the development and implementation of a risk-based ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

Manages strategic initiatives and assists with the development and implementation of a risk-based ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

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Model Risk Manager information

See Rockwell, NC salary details

$47.1K

$102K

$155.5K

How much do model risk manager jobs pay per year?

As of Jul 6, 2026, the average yearly pay for model risk manager in Rockwell, NC is $102,015.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,300.00 and $118,000.00 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 cities near Rockwell, NC are hiring for Model Risk Manager jobs? Cities near Rockwell, NC with the most Model Risk Manager job openings:
AI Risk Program Manager

AI Risk Program Manager

US Bank

Charlotte, NC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 28 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 352 frontline employees who took The Breakroom Quiz

39th of 144 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

We are seeking an experienced AI technology risk manager to support the build and execution of our Corporate Functions Risk (CFR) Artificial Intelligence (AI) Risk Program. This role will serve as a key contributor in establishing governance across the asset lifecycle to enable safe, compliant, and scalable adoption of AI across the enterprise.

The individual will act as a central point of coordination for AI use case onboarding and production governance, partnering closely with Corporate Functions, Technology, Risk Management and Compliance, Law Division, and Data teams to ensure alignment with policy requirements, regulatory expectations, and enterprise risk frameworks.

The role partners closely with Second Line of Defense (2LOD) teams (Enterprise Risk Management, Model Risk Management, Compliance, Law Division, and Technology Risk Oversight) to ensure emerging AI technology risks are properly identified, assessed, documented, monitored, escalated, and remediated. While 2LOD provides independent oversight and challenge, this role retains business line accountability for execution, evidence, and remediation.

Position Highlights

AI Governance, Intake & Consultation

  • Serve as the central intake point ("front door") for AI use cases, pilots, proofs of concept (POCs), and material changes across Corporate Functions
  • Provide consultative guidance to stakeholders on AI policy requirements, risk considerations, and governance expectations
  • Perform intake quality control (QC) to ensure completeness, proper classification, and readiness for downstream risk and governance processes
  • Coordinate routing of AI use cases to appropriate partners (CFR Technology Risk, Law Division, ISS, RM&C, etc.)

AI Registry & Lifecycle Management

  • Support the endtoend management of the AI Use Case Registry for CFR, ensuring all AI-use cases and technologies are accurately documented and maintained throughout their lifecycle
  • Validate completeness and accuracy of key registry attributes, including:
    • AI category, risk tier, and autonomy level
    • Data classification and system dependencies
    • Use case purpose, ownership, and lifecycle status
  • Coordinate updates to the registry for material changes, enhancements, and decommissioning events
  • Contribute to development and refinement of registry standards, data requirements, and governance workflows
  • Establish and support riskbased performance monitoring for AI use cases outside Model Risk Management (MRM) scope, including definition of metrics, thresholds, and escalation triggers to detect performance degradation, unintended outcomes, or emerging risk postdeployment

Risk Coordination & Policy Enablement

  • Support execution of AI risk tiering processes, including identification of triggers requiring reassessment (e.g., scope expansion, connector additions, customer impact)
  • Translate AI Technology Policy requirements into practical intake standards, guidance, and job aids for business stakeholders
  • Partner with crossfunctional risk teams to ensure alignment with Model Risk Management, Third Party Risk Management, Enterprise Data Governance, and other enterprise policies and programs to drive simplicity and speed to market
  • Assist in identification and escalation of unregistered or unauthorized use case

Basic Qualifications

  • Bachelor's degree, or equivalent work experience
  • Typically 10+ years of applicable experience in risk management, compliance, audit, technology risk, or operational risk

Preferred Skills and Qualifications

  • Experience with AI/ML, emerging technologies, or advanced analytics governance
  • Familiarity with AI regulatory frameworks and guidance (e.g., NIST AI RMF, SR 117, EU AI Act concepts)
  • Experience managing or supporting centralized registries, inventories, or governance tools (e.g., ServiceNow, SharePoint, GRC platforms)
  • Experience designing dashboards and developing self-service reporting using Microsoft Power Platform.
  • Experience building, implementing, or leveraging artificial intelligence solutions to optimize business processes, improve efficiency, or enhance decisionmaking
  • Demonstrated experience operating in a First Line of Defense risk role with accountability for execution and outcomes
  • Strong understanding of enterprise risk management concepts and the Three Lines of Defense model
  • Experience overseeing or supporting AI, emerging technology, or advanced analytics risk within financial services
  • Experience partnering closely with 2LOD risk functions while retaining 1FLOD ownership
  • Proven ability to lead complex, ambiguous risk topics and influence senior stakeholders
  • Experience with risk tooling and workflows (e.g., ServiceNow or similar platforms)
  • Applicable professional certifications a plus (e.g., CRCM, CRISC, CISA, PMP)
  • Strong analytical, problem-solving, and judgment skills in complex risk scenarios
  • Clear, executive-ready written and verbal communication
  • Ability to translate technical emerging technology concepts into actionable business risk decisions
  • Proven leadership of teams, processes, and cross-functional initiatives
  • Strong collaboration skills
  • Highly self-directed with the ability to build subject-matter expertise rapidly in emerging risk areas

Hybrid/flexible schedule

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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