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Model Risk Officer Jobs in North Carolina (NOW HIRING)

Collaborate with model development teams to enhance analytical approaches and improve alignment between modeled outputs and observed transaction risk. * Work closely with senior credit officers to ...

Chief Financial Officer

Charlotte, NC · On-site

$285K - $315K/yr

Advanced knowledge of financial planning, forecasting, financial modeling, capital investment ... Drive profitable growth while balancing investment, risk, operational efficiency, and working ...

Chief Financial Officer

Charlotte, NC · On-site

$285K - $315K/yr

Advanced knowledge of financial planning, forecasting, financial modeling, capital investment ... Drive profitable growth while balancing investment, risk, operational efficiency, and working ...

Chief Financial Officer

Charlotte, NC · On-site

$285K - $315K/yr

Advanced knowledge of financial planning, forecasting, financial modeling, capital investment ... Drive profitable growth while balancing investment, risk, operational efficiency, and working ...

Advanced knowledge of financial planning, forecasting, financial modeling, capital investment ... Drive profitable growth while balancing investment, risk, operational efficiency, and working ...

AVP, Software Engineering Lead

Charlotte, NC · On-site +1

$247K/yr

Reporting to the CIO of Corporate Functions, this role drives the re-imagination of software ... Ensure alignment with the Enterprise AI Operating Model, risk tiering, and approval processes.

Leads the credit and risk approval processes * Mentors and supports associates Skills: * Client ... Analytical/technical skills, including financial accounting, modeling and loan structuring

Leads the credit and risk approval processes * Mentors and supports associates Skills: * Client ... Analytical/technical skills, including financial accounting, modeling and loan structuring

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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 Jul 26, 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 are Model Risk Officers?

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 July 2026, with employment types broken down into 84% Full Time, and 16% 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.
Senior Lead Enterprise Risk Officer / Executive Director - AI Technology Risk Management Policy &...

Senior Lead Enterprise Risk Officer / Executive Director - AI Technology Risk Management Policy &...

Wells Fargo

Charlotte, NC • On-site

Full-time

Medical, Life, Retirement, PTO

Posted 4 days ago


Wells Fargo rating

7.8

Company rating: 7.8 out of 10

Based on 702 frontline employees who took The Breakroom Quiz

88th of 170 rated banks


Job description

About this role:

Wells Fargo is seeking a Senior Lead Enterprise Risk Officer / Executive Director within the Model Risk Management (MRM) Governance organization to serve as the enterprise owner of the Artificial Intelligence Risk Technology Management Policy and Program.

This role is designed for a senior AI Governance leader who will provide enterprise-level vision, structure, and oversight for how artificial intelligence is governed across the firm. The Senior Lead Enterprise Risk Officer / Executive Director will own the design, implementation, and evolution of the enterprise AI governance framework, ensuring the organization maintains a scalable, compliant, and future-ready foundation for AI adoption and usage.

The leader will drive the governance, risk, and control framework for AI and emerging technologies, with accountability for Technology Model Risk Management (MRM) policies, standards, and procedures.

This role will oversee risk governance across the AI model lifecycle, from development and deployment through ongoing monitoring, while ensuring risk management practices and controls are effectively embedded within the Software Development Lifecycle (SDLC).

The ideal candidate will bring deep expertise in AI governance, technology risk management, model risk management, policy ownership, and regulatory compliance, with experience influencing senior executives and leading cross-functional initiatives across technology, risk, and business teams.

In this role, you will:
Enterprise AI Governance Vision & Program Architecture

  • Architect and shape the AI Risk Management Program from a strategic perspective, defining the overarching framework, standards, controls, and oversight mechanisms that govern AI usage across the enterprise.

  • Establish a clear AI lifecycle governance operating model that aligns AI intake, assessment, design, development, testing, deployment, monitoring, change management, and retirement with enterprise SDLC and technology risk processes.

  • Ensure the governance program is scalable, sustainable, and adaptable to evolving technologies, regulatory expectations, and business strategies.

Policy Ownership and Governance Accountability

  • Serve as the enterprise owner of the Artificial Intelligence Risk Management Policy and support procedures and guidance, maintaining accountability for clarity, consistency, and compliance.

  • Translate regulatory expectations and enterprise risk principles into policy guardrails and governance standards.

  • Ensure policy intent is clearly understood and consistently applied across lines of business, while allowing flexibility for riskbased implementation.

Governance Controls, Standards, and Best Practices

  • Define AI governance controls and best practices across the AI lifecycle, including documentation, testing, approvals, deployment readiness, monitoring, issue management, post-deployment review, change management, and decommissioning.

  • Ensure leadership receives clear, executiveready insights into AI risk exposure, governance effectiveness, emerging risks, and systemic issues.

  • Establish decision frameworks and escalation paths that guide how AI risks are evaluated, challenged, accepted, or remediated at the enterprise level.

  • Oversee the effectiveness of governance controls through structured oversight, reporting, and review mechanisms.

Strategic Leadership, Alignment, and Advisory

  • Assemble, engage, and align the appropriate execution teams and stakeholders, ensuring clarity of roles, responsibilities, and accountability across the AI governance ecosystem.

  • Provide strategic guidance and planning support to help the organization navigate AI risk, compliance obligations, and responsible AI practices.

  • Serve as a trusted advisor to senior leaders, offering informed perspectives on industry trends and peer practices, regulatory developments related to AI and model risk, and enterprise-level AI guardrails and risk tolerance.

  • Represent the AI Risk Management and AIRR Program in enterprise governance forums, audits, and regulatory readiness activities.

  • Partner across Technology, Information Security, Data Management, Risk, Compliance, Legal, and business teams to align AI governance requirements with enterprise delivery, deployment, production support, and risk management practices.

Required Qualifications:

  • 7+ years of Risk Management experience (Compliance, Financial Crimes, Operational Risk, Audit, Legal, Credit Risk, Market Risk, IT Systems Security, Business Process Management) or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education


Desired Qualifications:

  • Deep expertise in AI Governance, AI Risk Management Technology Risk Management, and Model Risk Management.

  • Recognized expertise in enterprise technology risk frameworks, SDLC governance, deployment readiness, or production risk management.

  • Demonstrated experience designing and owning enterprise AI and Model governance programs or policies.

  • Deep understanding of regulatory expectations, industry standards, and emerging practices related to AI and model risk.

  • Strong ability to advise senior executives, influence cross-enterprise stakeholders, and drive alignment on complex governance and risk decisions.

  • Ability to synthesize complex information into clear, actionable leadership reporting, including risks of noncompliance.

  • Bachelor's degree (BS/BA) or higher.

Job Expectations:

  • Ability to travel up to 15% of the time.

  • This position offers a hybrid work schedule.

  • Willingness to work onsite at the location listed on the job posting.

Job Locations:

  • Three Wells Fargo Center, 401 S Tryon St, CHARLOTTE, NC

  • 600 Wells Fargo, MINNEAPOLIS, MN

  • Las Colinas Bldg B, Irving Campus, IRVING, TX

  • West Des Moines Campus, 800 S Jordan Creek Pkwy, WEST DES MOINES, IA

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$159,000.00 - $279,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. VisitBenefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

9 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.

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.


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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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