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Model Risk Manager Jobs in San Dimas, CA (NOW HIRING)

BNY

Vice President, Model Risk Management

Los Angeles, CA · On-site +1

$129K - $179K/yr

The Bank of New York Mellon seeks Vice President, Model Risk Management II in Los Angeles, CA, to contribute to highly visible enterprise-wide model development function in the organization. Make ...

SHEIN

GRC Risk Manager

Los Angeles, CA · On-site

Position Summary SHEIN Global Security & Risk Management is a global security organization that ... Practical knowledge and experience working with threat modeling frameworks such as STRIDE, MITRE ...

SHEIN

GRC Risk Manager

Los Angeles, CA · On-site

Position Summary SHEIN Global Security & Risk Management is a global security organization that ... Practical knowledge and experience working with threat modeling frameworks such as STRIDE, MITRE ...

Capgroup

AI Risk Specialist

Los Angeles, CA · On-site

$106K/yr

Security risk management * AI model and system lifecycle * AI failure modes and risk characteristics * Responsible AI practices. * You are familiar with Agentic AI workflows * You have experience ...

AECOM

Risk Management Sr Manager

Los Angeles, CA

AECOM is seeking a Program Risk Manager to be located in Los Angeles, CA . Reporting to the U.S ... Review and analyze integrated cost and schedule risk models to validate assumptions and outputs.

AECOM

Risk Management Sr Manager

Los Angeles, CA · On-site

AECOM is seeking a Program Risk Manager to be located in Los Angeles, CA . Reporting to the U.S ... Review and analyze integrated cost and schedule risk models to validate assumptions and outputs.

AECOM

Risk Management Sr Manager

Los Angeles, CA · On-site

AECOM is seeking a Program Risk Manager to be located in Los Angeles, CA . Reporting to the U.S ... Review and analyze integrated cost and schedule risk models to validate assumptions and outputs.

Yamaha

Global Risk & Analytics Manager

Cypress, CA · Hybrid

$110K - $150K/yr

... and modeling tooptimizeportfolio performance for all YMFC regions. Whatyou'llbe doing: * Manage a team of risk and reporting analysts to provide analytical and reporting support to all YMFC ...

East West Bank

AI Governance

Pasadena, CA · On-site

Support regulatory, audit, model risk, and enterprise risk management activities related to AI and advanced analytics environments. * Translate governance policies into repeatable operational ...

East West Bank

AI Governance

Pasadena, CA · On-site

$130K/yr

Support regulatory, audit, model risk, and enterprise risk management activities related to AI and advanced analytics environments. * Translate governance policies into repeatable operational ...

East West Bank

AI Governance

Pasadena, CA

Support regulatory, audit, model risk, and enterprise risk management activities related to AI and advanced analytics environments. * Translate governance policies into repeatable operational ...

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All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in San Dimas, CA

Model Risk Manager information

See San Dimas, CA salary details

$51.6K

$111.7K

$170.2K

How much do model risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for model risk manager in San Dimas, CA is $111,700.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,100.00 and $129,200.00 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 San Dimas, CA? For Model Risk Manager jobs in San Dimas, CA, the most frequently searched job titles are:
What cities near San Dimas, CA are hiring for Model Risk Manager jobs? Cities near San Dimas, CA with the most Model Risk Manager job openings:
Model Risk Manager jobs near you

Vice President, Model Risk Management

BNY

Los Angeles, CA • On-site, Remote

$129K - $179K/yr

Full-time

Posted 7 days ago

Job description

hackajob is collaborating with BNY to connect them with exceptional professionals for this role.

Job Description

The Bank of New York Mellon seeks Vice President, Model Risk Management II in Los Angeles, CA, to contribute to highly visible enterprise-wide model development function in the organization. Make estimates that are a key input to management decisions and are reported to Senior Management and the Board of Directors on a regular basis. Execute enterprise standards for model validation. Responsible for leading work to identify and evaluate model risk as well as proposed controls to manage that risk. Investigate the weaknesses of a framework and setting the scope and designing tests for a validation effort, appropriate to that framework. May work in one of five disciplines, each responsible for a different type of modeling: 1) Credit Risk Modeling 2) Treasury Modeling 3) Market Risk Modeling 4) Pricing Modeling 5) Forecasting. Execute enterprise standards for model validation, by setting the scope of a validation effort. Design the tests and review activities necessary to evaluate a model. Evaluate the strengths and weaknesses of a model's conceptual framework to identify situations where a model may become less useful. Review risks and formulate the proposed controls into a plan of action for management. Provide technical direction, accuracy and soundness of quantitative methods in the assigned area. Remote work may be permitted within a commutable distance from the worksite.

REQUIREMENTS: Master’s degree, or foreign equivalent, in Financial Mathematics, Finance, Business Analytics, Statistics, Econometrics, or a related field, and two (2) years of experience in the job offered or in a related quantitative occupation. Two (2) years of experience must include: Performing quantitative modelling, numerical analysis, and computational methods using programming languages including C/C++, C#, Java, FORTRAN, MATLAB, SAS as well as mathematical or statistical software packages; Performing financial modeling techniques, including value-at-risk type of models, interest rate models, risk quantification and forecast models, stochastic calculus for model evaluation, and model risk identification; Using data summary and visualization, hypothesis testing, estimation, regressions, time series analysis, and machine learning; and Conducting independent research, analyzing problems, developing numerical experimentation and testing, producing results, and assessing complex financial models including in-depth examination of model assumptions, methodologies, and strengths and weaknesses.

Qualified applicants please apply online at https://bnymellon.eightfold.ai/careers and utilize reference code #72772. Please indicate “referral source – advertisement – WEB.”

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary/range for this position is expected to be $129,500.00 - $179,000.00 per year at the commencement of employment. Base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. 

This position is at-will, and the Company reserves the right to modify the base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans.

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