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Model Validation Jobs in Phoenix, AZ (NOW HIRING)

Western Alliance Bank

Model Risk Analyst

Phoenix, AZ · On-site

Being part of the Model Risk team will put you at the center of the firm's model validation and governance activities with exposure to a wide variety of model types and cutting edge modeling ...

Compunnel

Lead Data modeler

Phoenix, AZ · On-site

... model validation activities. • Provide guidance on data modeling best practices and enterprise standards. • Facilitate communication between business, data, and enterprise architecture teams.

Axon

Manager, Hardware Validation (Onsite)

Phoenix, AZ · On-site

The Manager, Hardware Validation owns the hardware validation plan and team for all Axon products ... DOE, reliability modeling, Weibull analysis). * Strong communication skills, with experience ...

New

Axon

Manager, Hardware Validation (Onsite)

Phoenix, AZ · On-site

The Manager, Hardware Validation owns the hardware validation plan and team for all Axon products ... DOE, reliability modeling, Weibull analysis). * Strong communication skills, with experience ...

New

Doist

Manager, Hardware Validation (Onsite)

Phoenix, AZ · On-site

$150 - $190/hr

The Manager, Hardware Validation owns the hardware validation plan and team for all Axon products ... DOE, reliability modeling, Weibull analysis). * Strong communication skills, with experience ...

New

LPL Financial

Model Manager

Tempe, AZ · On-site

Lead validation and quality control exercises for assigned models, coordinating with technology and compliance stakeholders to ensure models remain accurate, regulatory-compliant, and operationally ...

Amazon

Business Analyst II - AMZ27049.1

Tempe, AZ · On-site

$75K - $130K/yr

Establish scalable, efficient, automated processes for large scale data analyses, model development, model validation, and model implementation. (40 hours / week, 8:00am-5:00pm, Salary Range $75421 ...

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How much do model validation jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for model validation in Phoenix, AZ is $50.45, according to ZipRecruiter salary data. Most workers in this role earn between $38.27 and $61.35 per hour, depending on experience, location, and employer.

What is a model validation?

A Model Validation job involves assessing and verifying the accuracy, reliability, and performance of mathematical and statistical models used in finance, risk management, or other industries. Professionals in this role conduct independent testing, evaluate assumptions, and ensure models comply with regulatory and internal standards. They identify weaknesses, suggest improvements, and help mitigate potential risks associated with model usage. Model validators often work with machine learning models, credit risk models, or trading algorithms, depending on the industry.

What are the key skills and qualifications needed to thrive in the model validation position, and why are they important?

To thrive as a Model Validation professional, you need strong quantitative, statistical, and analytical skills, often supported by a degree in mathematics, statistics, finance, or a related field. Proficiency with programming languages such as Python or R, statistical modeling software, and familiarity with regulatory guidelines like SR 11-7 or CCAR is essential. Outstanding attention to detail, problem-solving abilities, and clear communication are valuable soft skills in this role. These competencies are crucial for rigorously assessing complex models, documenting findings, and collaborating effectively with model developers and risk management teams.

What are some common challenges faced by professionals in model validation roles?

One common challenge in Model Validation is staying up-to-date with evolving regulatory requirements and industry best practices, which can impact how models should be tested and documented. Model validators often work with highly complex financial or risk models, requiring strong analytical skills to assess underlying assumptions and potential risks. Additionally, balancing the need for thoroughness with tight deadlines and collaborating with model developers to address issues can be demanding. However, overcoming these challenges offers valuable opportunities to build expertise, work cross-functionally, and play a critical role in ensuring the integrity and reliability of key business decisions.

What are the most commonly searched types of Model Validation jobs in Phoenix, AZ?

The most popular types of Model Validation jobs in Phoenix, AZ are:

What job categories do people searching Model Validation jobs in Phoenix, AZ look for?

The top searched job categories for Model Validation jobs in Phoenix, AZ are:

Model Validation jobs near you
Infographic showing various Model Validation job openings in Phoenix, AZ as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $104,929 per year, or $50.4 per hour.

Model Risk Analyst

Western Alliance Bancorporation

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Re-posted 18 days ago

Job description

Job Title:
Model Risk Analyst
Location:
CityScape
What you'll do:
Western Alliance Bank (WAL) is seeking a Model Risk Analyst to join its Model Risk Management Group. Being part of the Model Risk team will put you at the center of the firm's model validation and governance activities with exposure to a wide variety of model types and cutting edge modeling techniques. In this role, you will help identify, assess, mitigate, and monitor model risk, while contributing to the ongoing development of the bank's Model Risk Management program.
  • Apply statistical, financial, economic, and business expertise to conduct independent model validation activities in accordance with the bank's Model Risk Management Policy and Federal Reserve SR 26 (including evaluating conceptual soundness, reviewing ongoing monitoring plans and reports, and conducting outcomes analysis and benchmarking etc.).
  • Prepare comprehensive model validation reports and presentations.
  • Aid in model governance activities including enhancing policies and procedures, maintaining model and critical spreadsheet inventories, managing issues/findings, and producing quarterly reporting.
  • Stay current with research and trends in statistical modeling and model risk management.

What you'll need:
  • Preferred PhD or 3+ years of related work experience in validating and/or developing the types of models used in the financial services industry.
  • Masters degree or greater in a quantitative field such as Statistics, Economics, Math, Physics, Engineering or Finance.
  • Intermediate knowledge of regulatory and legal compliance obligations, industry standards, and best practices.
  • Intermediate project management skills and ability to manage multiple projects independently.
  • Intermediate to Advanced quantitative modeling, analytical, research, and programming skills.
  • Intermediate to Advanced experience with Python, R, or SAS, with hands-on experience in SQL.
  • Intermediate verbal and written communication skills.
  • Knowledge of general banking operations, including deposit operations, loan administration, treasury management, and other commercial banking products and services preferred.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation

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