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Model Risk Manager Jobs in Santa Ana, CA (NOW HIRING)

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

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 ...

Wsgr

Senior AI Risk Advisor

Los Angeles, CA · On-site +1

The Senior AI Risk Advisor, under the direction of the Manager of Risk Operations, sits at the ... Lead AI risk assessments across the full model lifecycle - evaluating third-party AI vendors ...

Schoolsfirstfcu

Manager, Risk Management

Tustin, CA · On-site

Responsible for the development of an operational model validation process to ensure alignment with the Capital Plan. * Responsible for the annual Risk Management schedule in collaboration with ...

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Showing results 1-20

All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Santa Ana, CA

Model Risk Manager information

See Santa Ana, CA salary details

$53.6K

$116.1K

$176.9K

How much do model risk manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for model risk manager in Santa Ana, CA is $116,083.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,700.00 and $134,200.00 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 job categories do people searching Model Risk Manager jobs in Santa Ana, CA look for? The top searched job categories for Model Risk Manager jobs in Santa Ana, CA are:
What cities near Santa Ana, CA are hiring for Model Risk Manager jobs? Cities near Santa Ana, CA with the most Model Risk Manager job openings:
Model Risk Manager jobs near you
AVP - Group Employee Benefits Risk Management

AVP - Group Employee Benefits Risk Management

Pacific Life Insurance Company

Newport Beach, CA • On-site

$230K - $268K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 6 days ago

Pacific Life rating

6.8

Company rating: 6.8 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

245th of 281 rated insurance

Job description

Job Description:
Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead - our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate - pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job; it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own.
We're actively seeking a talented AVP - Group Employee Benefits Risk Management to join our Pacific Life Workforce Benefits Division (WBD) in Newport Beach, CA or Omaha, NE. This role is hybrid, with 4 days in the office. If you are not currently located near one of these offices, we offer comprehensive relocation assistance.
As an AVP in Groups Employee Benefits Risk Management, you will play a key role in Pacific Life's growth and long-term success. You will work directly with business partners and key stakeholders to support the execution of the new and growing WBD strategy and key initiatives while assessing and mitigating key risks across the Division.
How you'll make an impact:
  • Support the execution of the Group Employee Benefits Division strategy to grow and scale a $1B revenue, profitable business in the Group Benefits market
  • Work collaboratively with partners on a variety of new business and in force initiatives to identify, assess and mitigate key risks, including:
    • New product development
    • Rate development
    • Renewal strategies
    • Execution of Technology and Operations roadmaps
  • Partner with Finance & Actuarial, Risk Management and WBD to tailor pricing and other risk policies and standards as needed for Group Benefits
  • Oversee the implementation of underwriting and pricing methodologies, support assumption oversight and model risk governance activities within the Division
  • Supervise operational risk management activities within the Division and coordinate 2nd lines of defense activities within the Division where needed (e.g., Risk, Compliance, CISO)
  • Promote a risk-aware culture and drive consistent and effective management practices
  • Develop and maintain division-level risk governance and reporting
  • Remain engaged with the competitive landscape, providing an understanding of competitor risk practices to stakeholders
  • Contribute to the development of enterprise-wide risk policies and standards and promote their adoption throughout the Division

The experience you will bring:
  • 10+ years of relevant Actuarial/Risk Management experience within the Group Employee Group Benefits industry
  • Strong understanding of how insurance, operational, and strategic risks manifest in group benefits products
  • Strong analytical capabilities with ability to apply analytical/critical thinking background to new situations
  • Self-starter who can be trusted to take ownership of their work product
  • Understanding of insurer financials, including Statutory and GAAP accounting, as well as how those frameworks are represented in product pricing
  • Strategic, creative, and broadly focused thinker with demonstrated ability to be persuasive and collaborative

What will make you stand out:
  • Relevant credentials, including FSA or CFA, are a plus
  • Consistent track record of effectively working with data to manage risk and process re-engineering, simplification, and streamlining
  • Comfortable in ambiguity and an advocate for change
  • Demonstrated ability to anticipate future consequences and trends accurately

Base Salary Range:
$230,000 - $268,000
Base Pay Range:
The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.
  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
  • Paid Parental Leave as well as an Adoption Assistance Program
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation

You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
EEO Statement:
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

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About Pacific Life

Sourced by ZipRecruiter

When you purchase life insurance and retirement solutions, you're buying a promise. A promise that today, tomorrow or ten years from now, we'll be there. For more than 150 years, our clients have trusted Pacific Life to protect what matters most to them - their families, their businesses, their futures.

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Newport Beach, CA, US

Year founded

1868

Social media

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