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Model Risk Jobs in Utah (NOW HIRING)

Build, validate, and maintain credit risk models and analytical tooling with minimal oversight. * Identify, assess, and manage emerging risks, proactively escalating issues with proposed solutions.

The Risk Management function is dedicated to safeguarding the bank's assets and ensuring ... Background in model validation, governance, or audit support * Exposure to loan purchase programs ...

The Risk Management function is dedicated to safeguarding the bank's assets and ensuring ... Background in model validation, governance, or audit support * Exposure to loan purchase programs ...

Lead AI Compliance Testing

Draper, UT · Hybrid

$146K/yr

Collaborate with Technology, AI/Model Risk, Enterprise Risk, Data Governance, Privacy, Legal, and business stakeholders to review AI initiatives, challenge control design, and escalate risks in ...

New

Our in-office model supports collaboration, mentorship, and faster decision-making. Reports to: Head of R&C (Risk & Compliance) dept Key Partners: Sales, Operations, Procurement, Claims, Regulatory ...

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Showing results 1-20

Model Risk information

See Utah salary details

$13

$27

$67

How much do model risk jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for model risk in Utah is $27.62, according to ZipRecruiter salary data. Most workers in this role earn between $17.74 and $35.24 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.
Infographic showing various Model Risk job openings in Utah as of July 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, 1% Temporary, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $57,444 per year, or $27.6 per hour.
Senior Risk Analyst

Senior Risk Analyst

Clicklease

Draper, UT • On-site

Full-time

Posted 19 days ago


Job description

Established in 2018, Clicklease is dedicated to empowering small business owners frequently overlooked by traditional lenders. Our headquarters are located in the vibrant city of Draper, UT, with operations extending to Radial, Alajuela, Costa Rica. We've cultivated a dynamic environment where equipment financing goes beyond being a mere service; it acts as the gateway to realizing entrepreneurial dreams.
Our Core Values:
1. We Are A Happy Company:
At Clicklease, happiness is not just a byproduct; it's a fundamental value. Join a workplace where positivity and joy are cultivated, creating an environment where you can bring your best self to work every day.
2. We Celebrate Collective Intelligence:
We thrive on the brilliance of collaboration. Clicklease is a space where diverse minds come together, combining their intelligence to create solutions that matter. Your ideas are not just heard; they're celebrated.
3. We Practice Empathy:
Empathy isn't just a word in our dictionary; it's a daily practice. Join a team that values understanding and compassion. At Clicklease, we recognize the human side of business and foster a culture where empathy is a guiding principle.
4. We Listen & Learn:
Growth is a continuous journey at Clicklease. We believe in listening and learning from one another. Your insights and experiences contribute to our collective knowledge, making us stronger as a team.
Our Mission:
At Clicklease, we have a clear purpose - to fulfill the capital needs of underserved entrepreneurs and their Main Street Businesses. We achieve this mission through simple, fast, and innovative equipment leasing solutions. This is not just a statement; it's the driving force behind everything we do.
About the role
At Clicklease, we're passionate about helping small businesses access the equipment financing they need to grow and succeed. As a Risk Analyst, you'll support data-driven decision-making by analyzing portfolio performance, identifying trends, and helping monitor credit risk across our lease portfolio. Working closely with teams across Risk, Finance, Data Science, Product, and Operations, you'll gain hands-on experience with financial analytics, reporting, and risk management while contributing to meaningful business outcomes. This is an excellent opportunity for someone early in their career who is curious, analytical, and eager to develop expertise in fintech, lending, and portfolio analytics.
Senior Risk Analyst
What you'll be doing:
  • Independently monitor and manage diverse lease portfolios, owning risk assessment and mitigation for assigned segments.
  • Design and produce portfolio performance reporting and key metrics for executive leadership and board members.
  • Lead data-driven analyses to optimize lease portfolio performance and surface actionable recommendations.
  • Build, validate, and maintain credit risk models and analytical tooling with minimal oversight.
  • Identify, assess, and manage emerging risks, proactively escalating issues with proposed solutions.
  • Conduct regular portfolio reviews and deep-dive analyses to assess risk exposure and portfolio quality.
  • Partner cross-functionally to translate analytical findings into business and policy decisions.
  • Mentor junior analysts and serve as a subject-matter resource on credit risk methodology.
  • Stay ahead of industry trends and regulatory developments to ensure compliance with applicable laws and regulations.

What you have:
  • Bachelor's degree in Finance, Economics, Statistics, Data Science, or related field.
  • 4+ years of experience in credit risk, portfolio analytics, or quantitative analysis within financial services.
  • Proficiency in credit risk modeling techniques and statistical analysis tools (e.g., SQL, Python, or R).
  • Solid understanding of regulatory requirements related to credit risk management.
  • Proven ability to own projects end-to-end and deliver results independently.
  • Strong communication skills, with the ability to present findings to senior stakeholders.

What will make you stand out:
  • Master's degree in Finance, Economics, Statistics, Data Science, or related field.
  • Professional certifications such as Certified Credit Risk Analyst (CCRA) or Chartered Risk Analyst (CRA).
  • Hands-on experience with advanced techniques such as stress testing and scenario analysis.
  • Experience building production-grade models or analytical pipelines.
  • Knowledge of emerging technologies and best practices in credit risk management.

Clicklease only accepts resumes submitted in English