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Model Risk Officer Jobs in North Carolina (NOW HIRING)

EFR Capital Risk Manager

Charlotte, NC · On-site

$115 - $184.50/hr

  • PTO

As the Chief Risk Officer (CRO) function covering the Chief Financial Officer (CFO) Group, EFR ... Enhance the Risk landscape by ensuring our balance sheet and business model is appropriately ...

Risk Finance Data Management Analyst I

Raleigh, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... models, and solutions to ensure data is effectively managed across the organization or within a ... Process Automation 1. Analyze, simplify, and automate Technology Chief Risk Officer (TCRO ...

New

Risk Finance Data Management Analyst I

Charlotte, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... models, and solutions to ensure data is effectively managed across the organization or within a ... Process Automation 1. Analyze, simplify, and automate Technology Chief Risk Officer (TCRO ...

Risk Finance Data Management Analyst I

Charlotte, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... models, and solutions to ensure data is effectively managed across the organization or within a ... Process Automation 1. Analyze, simplify, and automate Technology Chief Risk Officer (TCRO ...

Head of Objective Forecasting

Charlotte, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... Model Development Officer II manages model development activities specific to a Line of Business, Function or Risk discipline. Core responsibilities specific to the model development life cycle ...

Head of Objective Forecasting

Charlotte, NC · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... Model Development Officer II manages model development activities specific to a Line of Business, Function or Risk discipline. Core responsibilities specific to the model development life cycle ...

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Showing results 1-20

Model Risk Officer information

See North Carolina salary details

$29.5K

$96K

$145.4K

How much do model risk officer jobs pay per year?

As of Aug 17, 2026, the average yearly pay for model risk officer in North Carolina is $95,971.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $118,100.00 per year, depending on experience, location, and employer.

What are some common challenges faced by model risk officers when collaborating with different departments?

Model Risk Officers often work closely with teams in risk management, quantitative analytics, audit, and IT. A common challenge is ensuring effective communication between technical model developers and non-technical stakeholders, as complex model concepts must be clearly explained for informed decision-making. Navigating differing priorities—such as balancing regulatory compliance with business objectives—can also present difficulties. Successful Model Risk Officers proactively foster cross-functional relationships and use clear documentation to bridge these gaps, ensuring model risks are well-understood and appropriately managed across the organization.

What is a model risk officer?

Model Risk Officers are professionals responsible for managing and overseeing the risks associated with the use of quantitative models in financial institutions. They ensure that models used for decision-making, such as credit risk, market risk, or capital assessment, are accurate, reliable, and compliant with regulatory requirements. Their duties include validating models, identifying potential weaknesses or limitations, and implementing controls to mitigate model-related risks. Model Risk Officers play a critical role in safeguarding an organization against financial losses or regulatory penalties that may arise from model failures.

What is the difference between Model Risk Officer vs Quantitative Analyst?

AspectModel Risk OfficerQuantitative Analyst
Required CredentialsAdvanced degrees in finance, statistics, or related fields; certifications like FRM or CFADegree in finance, mathematics, or economics; often CFA or related certifications
Work EnvironmentFinancial institutions, risk management teams, regulatory complianceInvestment banks, asset management firms, hedge funds
Employer & Industry UsagePrimarily in banking, insurance, and financial services for risk oversightAcross finance sectors focusing on modeling, trading, and investment analysis

The Model Risk Officer focuses on identifying, assessing, and mitigating risks associated with financial models, ensuring compliance and accuracy. In contrast, a Quantitative Analyst develops and implements complex models for trading, valuation, and investment decisions. While both roles require strong quantitative skills and similar credentials, their primary functions and work environments differ, with the Model Risk Officer emphasizing risk management and regulatory adherence.

What are the key skills and qualifications needed to thrive as a model risk officer, and why are they important?

To thrive as a Model Risk Officer, you need strong quantitative analysis skills, a background in finance or mathematics, and experience with model validation principles, typically supported by an advanced degree in a quantitative field. Familiarity with risk management frameworks, statistical modeling software (such as SAS, R, or Python), and relevant regulatory guidelines (like SR 11-7) is essential. Excellent critical thinking, communication, and stakeholder management skills help you explain complex model risks and recommendations effectively. These skills ensure robust model governance, regulatory compliance, and informed decision-making within financial institutions.

What are popular job titles related to Model Risk Officer jobs in North Carolina?

For Model Risk Officer jobs in North Carolina, the most frequently searched job titles are:

What job categories do people searching Model Risk Officer jobs in North Carolina look for?

The top searched job categories for Model Risk Officer jobs in North Carolina are:

Infographic showing various Model Risk Officer job openings in North Carolina as of August 2026, with employment types broken down into 92% Full Time, and 8% Contract. Highlights an 84% In-person, and 16% Remote job distribution, with an average salary of $95,971 per year, or $46.1 per hour.

Lead Market Risk Officer - Enterprise Counterparty Risk Management

Wells Fargo

Charlotte, NC • On-site

Full-time

Posted 12 days ago


Wells Fargo rating

7.8

Company rating: 7.8 out of 10

Based on 709 frontline employees who took The Breakroom Quiz

88th of 171 rated banks


Job description

About this Role

Wells Fargo is seeking a Lead Market Risk Officer on the Enterprise Counterparty Risk Management (ECRM) team to lead strategic business initiatives, risk technology transformation efforts, and new product implementation across the counterparty credit risk platform. This role serves as a key liaison between Risk, Front Office, Technology, Quantitative Analytics, Compliance, and Control teams to ensure successful delivery of critical regulatory, business growth, and risk management initiatives. Learn more about our career areas and business divisions at wellsfargojobs.com

In this role, you will:

  • Lead large-scale business, regulatory, and technology initiatives impacting counterparty credit risk management and ECRM strategic objectives.
  • Manage end-to-end delivery of funded initiatives, including scope definition, requirements gathering, planning, execution, testing, implementation, and post-production support.
  • Coordinate delivery across Agile and traditional project teams, ensuring alignment of business priorities, resource plans, dependencies, and implementation schedules.
  • Serve as the primary point of contact for senior leadership updates, project governance forums, regulatory deliverables, audit requests, and change management oversight.
  • Identify risks, issues, dependencies, and control impacts associated with strategic initiatives and develop mitigation plans to ensure successful execution.
  • Partner with quantitative, technology, and business stakeholders to support model enhancements, new risk methodologies, and infrastructure modernization efforts.


Required Qualifications:

  • 5+ years of experience in one or a combination of the following: trading, desk analyst, Capital Markets, market risk, interest rate risk or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • Knowledge of regulatory initiatives impacting market and counterparty credit risk.
  • Product Owner or Program Management experience.
  • Experience supporting regulatory examinations, audit engagements, or major remediation programs.
  • Strong understanding of capital markets products, counterparty credit risk, market risk, stress testing, and risk governance.
  • Demonstrated experience managing complex cross-functional programs involving business, technology, and regulatory stakeholders.
  • Excellent executive communication, stakeholder management, and problem-solving skills.
  • Ability to influence outcomes across organizations without direct authority.

Posting Location:

550 S. Tryon Street - Charlotte, North Carolina

Job Expectations:

  • Required location listed above. Relocation assistance is not available for this position.
  • This position is not eligible for VISA sponsorship.
  • This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
  • Specific compliance policies may apply regarding outside activities and/or personal investing;affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting End Date:

10 Aug 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visitDisability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.


What Wells Fargo employees say

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About Wells Fargo

Sourced by ZipRecruiter

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune's 2022 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

San Francisco, CA, US

Year founded

1852

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