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

Royal Bank of Canada

ALM Risk Manager

Los Angeles, CA · On-site

$120K - $200K/yr

The US GRM-Balance Sheet Risk (US GRM-BSR) group within Group Risk Management (GRM) provides ... Understand and quantify impacts from model and parameter assumptions within the banking book market ...

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

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 ...

Prenuvo

Clinical Risk Manager

Los Angeles, CA · On-site

Partner with Nurse Practitioners, radiologists, and clinic staff to model and coach on empathetic ... Clinical Risk Expertise: Proven, dedicated experience in clinical risk management within a health ...

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.

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

$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 · 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 ...

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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 Aug 26, 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 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 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 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 job categories do people searching Model Risk Manager jobs in San Dimas, CA look for?

The top searched job categories for Model Risk Manager jobs in San Dimas, CA 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

Quantitative Model Risk Officer (Remote WA, OR, ID & CA)

Banner Bank

Los Angeles, CA • On-site, Remote

$117K - $154K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago

Banner Bank rating

8.7

Company rating: 8.7 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

23rd of 172 rated banks

Job description

More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.

With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.

Join a collaborative team dedicated to strengthening safe and sound banking practices through effective model risk management. In this role, you'll play a critical part in validating and monitoring complex models that inform key business decisions. Your work will help ensure accuracy, compliance, and confidence across the organization.
In this role you'll
  • Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance
  • Design and implement model test plans, including reusable code and analytical tools to support future validations
  • Partner with business units to monitor ongoing model performance and ensure alignment with expectations
  • Collaborate with stakeholders to support adherence to model development and implementation standards
  • Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank
  • Prepare clear, thorough validation reports and presentations for senior leadership
  • Maintain detailed documentation and track progress on model risk initiatives
  • Stay current on industry trends, regulatory expectations, and emerging practices in model risk management
 
What we're looking for
  • You have a Master's degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline (Required).
  •  An equivalent combination of education and experience can be considered in lieu of a degree.
  • You have 6 or more years of bank credit experience in model risk management, model development, or quantitative finance (Required)
What helps you shine
  • You apply advanced statistical and quantitative techniques to assess model assumptions, design, and performance
  • Bring hands-on experience with validation techniques such as back-testing, sensitivity analysis, stress testing, and benchmarking
  • You understand model risk management frameworks, regulatory guidance, and lifecycle governance standards
  • Communicate complex technical concepts clearly and effectively to both technical and non-technical audiences
  • You take initiative and consistently deliver accurate, high-quality work both independently and collaboratively
  • You are proficient in analytical tools such as Excel, R, SAS, and SQL
  • You identify model weaknesses and produce documentation that stands up to regulatory and audit review
 
Travel
  • up to 10%
Our Company Values
  • Do the right thing
  • Mutual respect
  • Teamwork
  • Accountability
 
What Our Team Says
"I have the opportunity to learn and grow every day in my current role. I love the work life balance, knowing that we work hard, and strive for high performance but we are celebrated."
Compensation & Benefits
  • Targeted starting salary range (based on experience): $117,249 - 154,493
  • Annual incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement
 
Review Banner's employee benefits at: Employee Benefits | Banner Bank

Please take time to review Banner Bank's Consent & Privacy notice before applying.

Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.

Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
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