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

Nvidia Corporation

Risk Manager

Santa Clara, CA · On-site

... models to support captive risk strategies and portfolio optimization. * Manage claims from reporting through settlement; coordinate with third-party administrators, claim adjusters, insurers, and ...

City of Sunnyvale

Risk Manager

Sunnyvale, CA · On-site

$165K - $207K/yr

Description RISK MANAGER REGULAR, FULL-TIME EMPLOYMENT OPPORTUNITY Classification also receives 3 ... This engaged and approachable manager will model the behaviors and performance expected of others ...

City of Sunnyvale, CA

Risk Manager

Sunnyvale, CA · On-site

$165K - $207K/yr

Risk Management Opening Date: 08/21/2026 Closing Date: 9/20/2026 11:59 PM Pacific Description RISK ... This engaged and approachable manager will model the behaviors and performance expected of others ...

Nvidia

Risk Manager

Santa Clara, CA · On-site

... models to support captive risk strategies and portfolio optimization. * Manage claims from reporting through settlement; coordinate with third-party administrators, claim adjusters, insurers, and ...

Lead

Senior Fintech Risk Analyst

Sunnyvale, CA · On-site

$122.72 - $137.50/hr

... risk, model risk management, operational resilience), while providing feedback to continuously improve on our oversight processes. * Provide Robust Credible Challenge: Serve as a subject matter ...

Waymo

Manager, Resilience Risk

Mountain View, CA · On-site

... Safety Management System (SMS). * Develop, maintain, and own the Enterprise Resilience Risk ... Risk) models. * Experience in highly regulated industries such as Automotive, Maritime, Aviation ...

Intuit

Lead, IT SOX Risk Advisory

Mountain View, CA

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 ...

First Citizens Bank

Credit Admin Advisor

Santa Clara, CA · Hybrid

$135K - $145K/yr

Risk Management & Model Governance * Partner with Credit Risk Management, Model Development, MRM, and Technology teams. * Support implementation, governance, monitoring, validation, and enhancement ...

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

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 Aug 24, 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 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 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:

Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Santa Clara, CA as of August 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $131,016 per year, or $63 per hour.

Risk Manager

Nvidia Corporation

Santa Clara, CA • On-site

Full-time

Posted 18 days ago

Nvidia rating

9.6

Company rating: 9.6 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

7th of 246 rated software companies

Job description

NVIDIA has been transforming computer graphics, PC gaming, and accelerated computing for more than 25 years. It's a unique legacy of innovation that's fueled by great technology-and amazing people. Today, we're tapping into the unlimited potential of AI to define the next era of computing. An era in which our GPU acts as the brains of computers, robots, and self-driving cars that can understand the world. Doing what's never been done before takes vision, innovation, and the world's best talent. As an NVIDIAN, you'll be immersed in a diverse, supportive environment where everyone is inspired to do their best work. Come join the team and see how you can make a lasting impact on the world.
We are seeking a Risk Manager to join our Finance team headquartered in Santa Clara, CA. Reporting into Treasury, this role helps protect the organization's assets and people by overseeing the identification, analysis, and mitigation of risk across the business. If you're forward-thinking, driven, and excited to work alongside extraordinary people solving some of the world's most challenging problems, this role is for you!
What you'll be doing:
  • Collect, review, and analyze exposure data to support Property, Casualty, Tech E&O/Cyber, Management Liability, and International Liability insurance programs.
  • Apply critical thinking and creative problem-solving to analyze risk information and exposures.
  • Develop pre-renewal strategies, lead renewal processes, and manage post-renewal activities.
  • Coordinate implementation of insurer loss control and engineering recommendations with insurers and internal partners.
  • Support the development of and compliance with risk management policies, procedures, and guidelines.
  • Assist with captive insurance company operations and compliance, including policy administration, regulatory requirements, and financial performance; interpret actuarial studies and reserving models to support captive risk strategies and portfolio optimization.
  • Manage claims from reporting through settlement; coordinate with third-party administrators, claim adjusters, insurers, and internal partners to facilitate timely resolution.
  • Coordinate insurance aspects of acquisitions, global expansions, and other corporate transactions.
  • Manage certificates of insurance and auto ID card requests, maintain electronic records in SharePoint as well as review and process invoices.

What we need to see:
  • Bachelor's degree or equivalent experience in risk management, actuarial science, finance, business, economics.
  • 8+ years of relevant industry experience.
  • Knowledge of insurance, risk management, finance, and safety & health.
  • Proficiency with AI platforms, Microsoft Office (particularly Excel), and SharePoint.
  • Strong written and verbal communication skills.
  • Ability to work effectively in a collaborative, fast-paced, and evolving environment while maintaining confidentiality.
  • Strong analytical, organizational, and attention-to-detail skills.

Ways to stand out from the crowd:
  • Develop and leverage AI tools for risk assessments, analytics, and trend analysis.
  • Find opportunities for cost reduction and risk mitigation through dashboards and reporting tools.
  • Create AI-enabled workflows and agents to improve efficiency, speed, and scalability.

Widely considered to be one of the technology world's most desirable employers, NVIDIA offers highly competitive salaries and a comprehensive benefits package. As you plan your future, see what we can offer to you and your family www.nvidiabenefits.com
Your base salary will be determined based on your location, experience, and the pay of employees in similar positions. The base salary range is 136,000 USD - 212,750 USD.
You will also be eligible for equity and benefits.
Applications for this job will be accepted at least until August 11, 2026.
This posting is for an existing vacancy.
NVIDIA uses AI tools in its recruiting processes.
NVIDIA is committed to fostering an inclusive work environment and proud to be an equal opportunity employer. As we highly value diversity in our current and future employees, we do not discriminate (including in our hiring and promotion practices) on the basis of race, religion, color, national origin, gender, gender expression, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by law.

What Nvidia employees say

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About Nvidia

Sourced by ZipRecruiter

NVIDIA has been transforming computer graphics, PC gaming, and accelerated computing for more than 25 years. It's a unique legacy of innovation that's fueled by great technology--and amazing people. Today, we're tapping into the unlimited potential of AI to define the next era of computing. An era in which our GPU acts as the brains of computers, robots, and self-driving cars that can understand the world. Doing what's never been done before takes vision, innovation, and the world's best talent.

Industry

Computer and electronic product manufacturing

Company size

10,000+ Employees

Headquarters location

Santa Clara, CA, US

Year founded

1993

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