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Model Risk Jobs in Arizona (NOW HIRING)

Arkhya Tech

GenAI Solutions Leader

Phoenix, AZ · On-site

Desired Qualifications 5+ years across the AI/ML lifecycle: data management, feature engineering, model development, deployment, monitoring/observability, and model risk/governance. Experience in ...

Plugins Inc

Lead Security Architect

Phoenix, AZ · On-site

$64.50 - $83.50/hr

Security Design Reviews Tiger Team Engagements Risk Analysis Threat Modeling Architecture Governance Application Security (AppSec) Secure SDLC OWASP Top 10 Threat Modeling SAST DAST Secure Code ...

Morgan Stanley

E*TRADE Risk Officer

Gilbert, AZ · On-site

Ensure continuous and appropriate supervisory coverage, working with Management, Site Leaders, and the Senior Risk Officer to maintain coverage models and back-up plans. * Oversee adherence to the E*

Early Warning Services

IT Risk Manager

Scottsdale, AZ · Hybrid

Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to ... Overview The Manager, Risk Management is responsible for the building and coordination of a ...

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All JobsModel Risk JobsModel Risk Jobs in Arizona

Model Risk information

See Arizona salary details

$13

$28

$68

How much do model risk jobs pay per hour?

As of Jun 27, 2026, the average hourly pay for model risk in Arizona is $28.27, according to ZipRecruiter salary data. Most workers in this role earn between $18.12 and $36.06 per hour, depending on experience, location, and employer.

What are some typical challenges faced by professionals working in Model Risk, and how can they be addressed?

Professionals in Model Risk often encounter challenges such as ensuring model accuracy, managing regulatory compliance, and effectively communicating complex technical findings to non-technical stakeholders. Addressing these challenges requires a strong understanding of both quantitative modeling and relevant regulations, as well as strong collaboration skills to work with model developers, auditors, and business units. Staying informed about evolving regulatory standards and participating in ongoing training can also help model risk professionals remain effective and add value to their organizations.

What are the key skills and qualifications needed to thrive as a Model Risk Analyst, and why are they important?

To thrive as a Model Risk Analyst, you need a solid background in quantitative analysis, statistics, or finance, often supported by an advanced degree in a related field. Familiarity with model validation tools, programming languages such as Python or R, and regulatory frameworks like SR 11-7 is essential. Strong analytical thinking, attention to detail, and effective communication skills are crucial for evaluating models and presenting findings to stakeholders. These skills ensure model integrity, regulatory compliance, and risk mitigation in financial institutions.

What is the difference between Model Risk vs Model Validation?

AspectModel RiskModel Validation
Primary FocusIdentifying, assessing, and mitigating risks associated with modelsEvaluating and testing models to ensure accuracy and reliability
Required CredentialsQuantitative skills, risk management certifications, industry experienceQuantitative expertise, validation certifications, industry knowledge
Work EnvironmentRisk management teams within financial institutions or firmsModel validation teams, often within risk or model development departments
Industry UsageUsed across banking, insurance, and investment firms to manage model-related risksCommonly employed in financial services to verify model performance

Model Risk focuses on managing the potential negative impacts of models, including errors and misuse, while Model Validation concentrates on testing and confirming the accuracy and robustness of models. Both roles are essential in financial industries to ensure models are reliable and risks are minimized.

What is model risk?

Model risk refers to the potential for adverse consequences resulting from decisions based on incorrect or misused models. In financial institutions, model risk can arise if a model's assumptions are flawed, if the data input is poor, or if the model is applied inappropriately. Managing model risk involves validating models, monitoring their performance, and ensuring that they are used within their intended scope. Effective model risk management helps organizations avoid significant financial losses and comply with regulatory requirements.
What are the most commonly searched types of Model Risk jobs in Arizona? The most popular types of Model Risk jobs in Arizona are:
What are popular job titles related to Model Risk jobs in Arizona? For Model Risk jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Model Risk jobs in Arizona look for? The top searched job categories for Model Risk jobs in Arizona are:
What cities in Arizona are hiring for Model Risk jobs? Cities in Arizona with the most Model Risk job openings:
Model Risk jobs near you
Lead Enterprise Risk Analyst

Lead Enterprise Risk Analyst

Early Warning Services, LLC

Scottsdale, AZ • On-site

$125K - $156K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 2 days ago

Job description

At Early Warning, we've powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle®, Paze℠, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment.
Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.
Overall Purpose
The Lead Enterprise Risk Analyst is a senior-level individual contributor within the Risk Program Governance function. This role is responsible for the day-to-day execution of the Enterprise Risk Management (ERM) framework, providing technical expertise and analytical support to ensure the Company's risk posture is accurately monitored, maintained, and reported.
Essential Functions
  • Framework Execution: Execute the development and maintenance of ERM policies and standards, ensuring alignment with COSO and OCC Heightened Standards across the firm.
  • Risk Assessment Support: Facilitate organization-wide risk assessments by providing technical guidance to business units to ensure material risks are identified and prioritized.
  • Issues Management: Perform day-to-day operations of the Issues Management framework, tracking the remediation lifecycle and ensuring data integrity within the GRC tool.
  • Stakeholder Collaboration: Act as a primary point of contact for business and second-line teams to ensure disciplined intake and timely resolution of risk findings.
  • Reporting & Analytics: Develop risk dashboards and management reports for the ERMC and Board, translating complex risk data into actionable trends and insights.
  • Audit & Exam Prep: Coordinate the collection and preparation of materials for internal audits and regulatory examinations, ensuring accuracy and timely submission.
  • Metric Development: Partner with management to define and monitor Key Risk Indicators (KRIs) and maintain comprehensive risk registers.
  • Process Optimization: Identify and implement efficiencies within the GRC platform, leveraging workflows and automation to streamline risk reporting.
  • Program Monitoring: Conduct periodic reviews of program effectiveness to drive continuous improvement based on regulatory expectations and industry trends.

Qualifications
  • Bachelor's degree in business-related discipline.
  • Typically 8+ years of progressive experience in enterprise risk, operational risk, or internal/external audit.
  • Strong understanding of the COSO Framework and regulatory requirements (e.g., OCC Heightened Standards) within financial services.
  • Proven experience working within a formal Three Lines of Defense (3LOD) model.
  • Strong interpersonal skills with the ability to collaborate effectively with Compliance, Security, IT, and Finance partners.
  • Advanced proficiency using GRC platforms (e.g., Archer, ServiceNow, or similar) to monitor and report on risks and controls.
  • Progress toward or completion of relevant industry certifications such as CIA, CRMA, or CISA preferred.
  • Self-motivated and capable of managing multiple priorities and working independently on complex assignments.
  • Background and drug screen.

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow instructions and perform other related duties as assigned by their supervisor.
Physical Requirements
Working conditions consist of a normal office environment. Work is primarily sedentary and requires extensive use of a computer and involves sitting for periods of approximately four hours. Work may require occasional standing, walking, kneeling and reaching. Must be able to lift 10 pounds occasionally and/or negligible amount of force frequently. Requires visual acuity and dexterity to view, prepare, and manipulate documents and office equipment including personal computers. Requires the ability to communicate with internal and/or external customers.
Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation.
Early Warning Services is an affirmative action and equal opportunity employer.
The base pay scale for this position in:
Phoenix, AZ/ Chicago, IL / Washington, DC in USD per year is: $104,000 - $130,000.
New York, NY/ San Francisco, CA in USD per year is: $125,000 - $156,000.
Additionally, candidates are eligible for a discretionary incentive plan and benefits.
This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate's education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes.
Some of the Ways We Prioritize Your Health and Happiness
  • Healthcare Coverage - Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.
  • 401(k) Retirement Plan - Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.
  • Paid Time Off - Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.
  • 12 weeks of Paid Parental Leave
  • Maven Family Planning - provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.

And SO much more! We continue to enhance our program, so be sure to check our Benefits page here for the latest. Our team can share more during the interview process!
Early Warning Services, LLC ("Early Warning") considers for employment, hires, retains and promotes qualified candidates on the basis of ability, potential, and valid qualifications without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote equal employment opportunity and affirmative action, in accordance with all applicable federal, state, and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our employees.
Early Warning Services LLC is a proud participant in E-Verify, a federal program to help ensure a legal and authorized workforce. As part of our hiring process, we electronically verify the employment eligibility of all new hires through E-Verify. For more information on your rights and responsibilities under E-Verify please visit Home | E-Verify.

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