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

Intuit

Manager 3, Credit Risk

Mountain View, CA · On-site

Partner with Data Science to prioritize and shape credit models and decision systems * Translate ... Establish best practices in credit risk management, experimentation, and governance * Foster a ...

Intuit

Manager 3, Credit Risk

Mountain View, CA · On-site

Partner with Data Science to prioritize and shape credit models and decision systems * Translate ... Establish best practices in credit risk management, experimentation, and governance * Foster a ...

Intuit

Manager 3, Credit Risk

Mountain View, CA

Partner with Data Science to prioritize and shape credit models and decision systems * Translate ... Establish best practices in credit risk management, experimentation, and governance * Foster a ...

Intuit

Lead, IT SOX Risk Advisory

Mountain View, CA · On-site

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 ...

Intuit

Lead, IT SOX Risk Advisory

Mountain View, CA · On-site

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 ...

Intuit

Lead, IT SOX Risk Advisory

Mountain View, CA · On-site

$175K - $237K/yr

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 ...

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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 4, 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 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 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 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:
Model Risk Manager jobs near you
Infographic showing various Model Risk Manager job openings in Santa Clara, CA as of July 2026, with employment types broken down into 81% Full Time, 17% Part Time, 1% Temporary, and 1% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $131,016 per year, or $63 per hour.

Manager 3, Credit Risk

Intuit

Mountain View, CA • On-site

Full-time

Posted 21 days ago

Intuit rating

8.4

Company rating: 8.4 out of 10

Based on 91 frontline employees who took The Breakroom Quiz

86th of 241 rated software companies

Job description

As a premier and rapidly expanding provider of small business financing within the United States, QuickBooks Capital operates as a financial technology innovator under Intuit, committed to transforming the landscape of small business lending. Our primary product offerings include term loans and lines of credit, both of which are developed and evolved with a steadfast commitment to customer-centricity. We are building a world-class team of problem-solvers and visionary thinkers who thrive on cross-functional collaboration and high-stakes challenges. The small business lending sector has been experiencing rapid evolution with the emergence of sophisticated alternative data and methodologies. We are seeking a visionary credit leader to lead a multi-billion dollar lending function, an individual who integrates a disciplined risk management foundation with an innovation-first mindset. If you are a professional dedicated to driving sustainable growth and continuous evolution within a highly dynamic, pioneering, and collaborative professional environment, we would like to hear from you.
Responsibilities
The role as QuickBooks Capital credit risk manager will own the responsibilities including:
Portfolio Ownership & Strategy
  • Oversee the overall credit risk strategy development for QB Capital Direct Lending products.
  • Define risk appetite, portfolio guardrails, and return thresholds aligned with business objectives
  • Drive portfolio growth while maintaining disciplined risk management and strong unit economics
  • Anticipate macroeconomic and market-driven risks; adapt strategy proactively

Credit Strategy & Decisioning
  • Lead the design and evolution of underwriting strategies, segmentation, and pricing frameworks
  • Oversee credit policy, approval strategies, and line assignment methodologies
  • Guide test-and-learn experimentation to continuously optimize risk vs. growth tradeoffs
  • Ensure scalable, automated decisioning aligned with long-term platform goals

Analytics, Modeling & Insights
  • Set the vision for portfolio analytics, including vintage performance, lifetime value, and risk-adjusted returns
  • Partner with Data Science to prioritize and shape credit models and decision systems
  • Translate data into clear, strategic recommendations for executive stakeholders
  • Establish KPIs and reporting frameworks that drive accountability and transparency

Cross-Functional Leadership
  • Act as the primary risk partner to Product, Capital Markets, Finance, and Operations
  • Influence product roadmap decisions to embed risk-aware design and customer segmentation
  • Support capital strategy, including investor discussions, forward flow agreements, and funding optimization
  • Align stakeholders on tradeoffs between growth, customer experience, and credit risk

Team Leadership & Capability Building
  • Lead and mentor a team of credit risk analysts and managers (or build the team as the portfolio scales)
  • Establish best practices in credit risk management, experimentation, and governance
  • Foster a culture of data-driven decision-making and continuous improvement

Governance & Regulatory Oversight
  • Ensure robust risk governance, including policy frameworks, model validation, and audit readiness
  • Interface with internal risk, compliance, and legal teams to meet regulatory expectations
  • Present portfolio performance, risks, and strategies to senior leadership and risk committees

Qualifications
Basic Qualifications
  • Advanced degree (MS/PhD) in a quantitative field such as Statistics, Economics, Operations Research, Engineering, or a related discipline
  • 15+ years of experience in credit risk within lending, fintech, or financial services, with significant ownership of portfolio performance
  • 8+ years of people leadership experience, including building, managing, and developing high-performing teams of risk analysts and/or data scientists
  • Proven track record owning credit strategy for large-scale lending portfolios (preferably $2B+), with demonstrated impact on growth, loss performance, and profitability
  • Deep expertise in underwriting, credit policy design, and end-to-end portfolio risk management across the customer lifecycle
  • Strong analytical and technical skills, including hands-on experience with SQL and data-driven decisioning; ability to work closely with data science on models and experimentation
  • Demonstrated ability to define risk appetite, translate business goals into actionable credit strategies, and execute through cross-functional teams
  • Strong business acumen with experience balancing risk, growth, and customer experience in a dynamic environment
  • Excellent communication skills, with the ability to synthesize complex quantitative insights into clear, actionable recommendations for executive stakeholders
  • Proven ability to operate with high ownership, navigate ambiguity, and lead large, cross-functional initiatives end-to-end

Preferred Qualifications
  • Experience in small business lending, merchant financing, cash flow underwriting or embedded finance ecosystems
  • Familiarity with alternative data underwriting (e.g., cash flow, transaction data) and modern fintech credit approaches
  • Direct experience developing, deploying, or overseeing credit risk models and decision engines in production environments
  • Experience partnering with Capital Markets teams, including exposure to funding strategies, forward flow agreements, or investor reporting
  • Strong understanding of regulatory expectations, model governance, and risk controls in a lending environment
  • Prior experience in a high-growth or platform-based business, with a track record of scaling risk infrastructure alongside product growth

What You'll Bring
  • Strategic ownership mindset with the ability to operate at both high-level and deep-dive detail
  • Strong business judgment and ability to balance growth, risk, and customer impact
  • Comfort navigating ambiguity and shaping new products or portfolios from early stages
  • Executive-level communication and storytelling with data

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Intuit provides a competitive compensation package with a strong pay for performance rewards approach. This position may be eligible for a cash bonus, equity rewards and benefits, in accordance with our applicable plans and programs (see more about our compensation and benefits at ). Pay offered is based on factors such as job-related knowledge, skills, experience, and work location. To drive ongoing fair pay for employees, Intuit conducts regular comparisons across categories of ethnicity and gender.
The expected base pay range for this position is:
Mountain View $233,500 - $316,000

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