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Model Risk Manager Jobs in Ventura, CA (NOW HIRING)

AppFolio

Director, Enterprise Risk

Santa Barbara, CA · On-site

$184K - $230K/yr

... model and OKRs. Qualifications * Extensive experience in enterprise risk management, GRC, internal audit, or a closely related second-line function, including maturing or scaling an ERM program. * A ...

AppFolio

Director, Enterprise Risk

Santa Barbara, CA

... model and OKRs. Qualifications * Extensive experience in enterprise risk management, GRC, internal audit, or a closely related second-line function, including maturing or scaling an ERM program. * A ...

Conventus

AVP, Market Risk

Westlake Village, CA · On-site

$100K - $123K/yr

Help build statistical and quantitative models to measure and manage interest rate risk, participating in training and collaborative projects. * Assist with risk and performance reporting for senior ...

Western Alliance Bank

AVP, Market Risk

Westlake Village, CA · On-site

$100K - $123K/yr

Help build statistical and quantitative models to measure and manage interest rate risk, participating in training and collaborative projects. * Assist with risk and performance reporting for senior ...

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All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Ventura, CA

Model Risk Manager information

See Ventura, CA salary details

$55.1K

$119.4K

$181.9K

How much do model risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for model risk manager in Ventura, CA is $119,357.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,300.00 and $138,000.00 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 Ventura, CA look for?

The top searched job categories for Model Risk Manager jobs in Ventura, CA are:

What cities near Ventura, CA are hiring for Model Risk Manager jobs?

Cities near Ventura, CA with the most Model Risk Manager job openings:

Model Risk Manager jobs near you

Portfolio Delivery Manager - Enterprise CRM & Global Banking AI

Westlake Village, CA • On-site

BofA Securities
See more jobs at BofA Securitiesexternal

Full-time

PTO

Re-posted 4 days ago

Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Position Summary:

The Senior Technology Portfolio Lead is accountable for endtoend portfolio leadership across Enterprise CRM and Global Banking AI initiatives. This role serves as the primary technology engagement lead for senior business partners and is responsible for aligning business demand, technology strategy, execution, and Model Risk Management (MRM) across a complex, multiplatform portfolio. The role operates at the intersection of business strategy, technology delivery, AI governance, and risk enablement, ensuring initiatives are wellformed, compliant, and positioned for timely approval and scaled adoption. Portfolio delivery lead for Enterprise Agent force that will be anchor and central point to drive the strategic roadmap building. This individual will front end the business conversations with stakeholders and work with technical leads on the team for execution. Individual will be leading the steering committee's with Enterprise teams. This job is responsible for leading a team to maximize the value delivered through multiple programs and/or value streams within a small, less complex delivery portfolio. Key responsibilities include managing and developing the team through coaching, mentoring and feedback, aligning strategy, and execution by applying Lean and systems thinking approaches to strategy, investment funding, portfolio operations, and governance. Job expectations include managing the portfolio, ensuring compliance to standards, and driving continuous improvement to operations and governance.

Responsibilities:

  • Directs and leads a delivery team aligned to a portfolio and mentors Delivery Leads
  • Manages and improves portfolio operations and governance processes, ensuring risks and roadblocks are escalated and resolved quickly
  • Builds relationships with business and technology executives across multiple organizations, as well as Compliance and Risk
  • Partners with the key stakeholders and leaders to define the vision and creating the portfolio roadmap aligned to strategic goals
  • Provides status updates and reporting for the portfolio to stakeholders and leadership pertaining to the desired outcomes, delivery, risks, issues, and schedule
  • Manages overall portfolio financials, Profit and Loss (P&L), and performance
  • Ensures adherence with Enterprise Change Management standards
  • Serves as the primary technology liaison for senior Global Banking stakeholders, translating business strategy into a cohesive CRM and AI technology roadmap.
  • Maintains an integrated portfolio view across Enterprise CRM and Global Banking AI, driving prioritization, sequencing, and crossinitiative alignment.
  • Leads portfoliolevel Model Risk Management (MRM) coordination, ensuring consistent standards, documentation, and early integration of governance requirements.
  • Standardizes and streamlines MRM and AI governance artifacts and processes to accelerate approvals and reduce rework.
  • Partners with CRM, data, and AI leaders to deliver scalable, compliant solutions and ensure AI capabilities align with enterprise needs and governance pathways.

Required Qualifications

  • 12+ years of experience in technology leadership roles spanning portfolio management, enterprise delivery, or businessaligned technology strategy.
  • Demonstrated success partnering with senior business and risk stakeholders in large, complex organizations.
  • Experience leading or coordinating multiinitiative AI, data, or CRM portfolios within regulated environments.
  • Strong understanding of enterprise governance, risk management, and dependency management.
  • Exceptional communication, influence, and executivelevel stakeholder management skills.

Desired Qualifications

  • Financial services and/or Global Banking technology experience.
  • Experience with Enterprise CRM platforms and AI / GenAI enablement at scale.
  • Handson exposure to Model Risk Management or AI governance processes.
  • Experience operating within large, matrixed technology organizations.

Skills:

  • Collaboration
  • Influence
  • Result Orientation
  • Risk Management
  • Stakeholder Management
  • Analytical Thinking
  • Business Acumen
  • Data Management
  • Financial Management
  • Solution Delivery Process
  • Agile Practices
  • Architecture
  • DevOps Practices
  • Solution Design
  • Technical Strategy Development

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CA - Westlake Village - 31303 Agoura Rd - 31303 Agoura Road (CA6917), US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - NJ - Pennington - 1500 American Blvd - Hopewell Bldg 5 (NJ2150)Pay and benefits informationPay range$142,000.00 - $204,300.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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