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

Intuit is looking for an innovative Manager experienced in Fraud Risk Policy & Strategy to lead a ... Skilled in collaborating with Data Scientists to develop real-time predictive models and complex AI ...

Intuit is looking for an innovative Manager experienced in Fraud Risk Policy & Strategy to lead a ... Skilled in collaborating with Data Scientists to develop real-time predictive models and complex AI ...

Overview Intuit is looking for an innovative Manager experienced in Fraud Risk Policy & Strategy to ... Skilled in collaborating with Data Scientists to develop real-time predictive models and complex AI ...

SRCO is a management-led function purpose-built to deliver a modern, sustainable, and risk-focused ... model tools to analyze PRDs, engineering specs, and system change documentation for ICFR risk ...

SRCO is a management-led function purpose-built to deliver a modern, sustainable, and risk-focused ... model tools to analyze PRDs, engineering specs, and system change documentation for ICFR risk ...

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 ...

SRCO is a management-led function purpose-built to deliver a modern, sustainable, and risk-focused ... model tools to analyze PRDs, engineering specs, and system change documentation for ICFR risk ...

Define best practices for model lifecycle management, experimentation, and real-time inference at ... Customer churn due to risk decisions * Approval rates and revenue protection * Establish ...

Define best practices for model lifecycle management, experimentation, and real-time inference at ... Customer churn due to risk decisions * Approval rates and revenue protection * Establish ...

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Showing results 1-20

Model Risk Manager information

See Santa Clara, CA salary details

$60.5K

$131K

$199.7K

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 Clara, CA is $131,016.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,700.00 and $151,500.00 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 Santa Clara, CA? For Model Risk Manager jobs in Santa Clara, CA, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Santa Clara, CA look for? The top searched job categories for Model Risk Manager jobs in Santa Clara, CA are:
What cities near Santa Clara, CA are hiring for Model Risk Manager jobs? Cities near Santa Clara, CA with the most Model Risk Manager job openings:

Investment Risk Manager - Fixed Income

Franklintempleton

San Mateo, CA • Hybrid

$180K - $190K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 2 days ago

New


Job description

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.


From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients' success.


Investment Risk Manager - Fixed Income

Work arrangement:Hybrid schedule in San Mateo, Boston, or New York office

About the Department

Our Investment Risk team safeguards the quality and performance of the firm's fixed income strategies by providing quantitative insights, independent analysis, and forward-looking risk guidance.

The group includes specialists in modeling, portfolio analytics, and financial markets who work collaboratively with investment teams across asset classes.

Joining this team gives you the opportunity to influence portfolio construction, strengthen decision making, and shape tools that support long-term investment excellence.

How You Will Add Value
  • You will oversee the implementation and analysis of quantitative risk models for fixed income assets.

  • You will monitor portfolio risk and deliver regular risk reviews.

  • You will conduct independent research on risk and return sources.

  • You will integrate research insights into investment strategies.

  • You will partner with client service, portfolio management, and external clients on quantitative topics.

What Will Help You Be Successful in This Role

Experience, Education & Certifications

  • Quantitative undergrad (Engineering, Mathematics, Physics, etc.) with an MBA or PhD in Economics, Finance, or a related field

  • Five to seven years minimum of experience in quantitative analysis or risk management within the financial services industry is essential

Technical Skills

  • Expertise in risk factor modeling and platforms such as Aladdin, Bloomberg, and Yield Book

  • Proficiency with Microsoft Excel, VBA, SQL, Python, R, or similar analytical tools

  • Proficiency using AI to assist in analysis and research a plus

Soft Skills

  • Strong written and verbal communication skills are important

  • Ability to explain complex concepts to nontechnical audiences

  • Collaborative mindset and comfort working with cross-functional teams

Applicants for employment must have work authorization that does not now, or in the future, require sponsorship of a visa for employment in the United States.

Franklin Templeton offers employees a competitive and valuable range of total rewards, monetary and non-monetary - designed to support their well-being and recognize their time, talents, and results.

Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards.

We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program.

We expect the annual salary for this position to range between $180,000 - 190,000 depending on location and level of relevant experience.

#MID_SENIOR_LEVEL

#LI-Hybrid


At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That's why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.


Highlights of our benefits include:

- Paid Time Off: Three weeks of PTO in your first year

- Health Coverage: Competitive medical, dental, and vision insurance to support your well-being

- Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits

- Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities

- Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement

- Employee Investment Benefits: Opportunity to purchase company funds with no sales charge


Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.