ZipRecruiter

Log In

1

Quantitative Model Validation Analyst Jobs in Arizona

Advisor Group

Quantitative Analyst I

Scottsdale, AZ · On-site

$57K - $63K/yr

Conduct data gathering, cleaning, validation, and exploratory analysis to support team projects ... Coursework or project experience in statistical modeling, machine learning, or data visualization

Osaic

Quantitative Analyst I

Scottsdale, AZ · Hybrid

$57K - $63K/yr

Conduct data gathering, cleaning, validation, and exploratory analysis to support team projects ... Coursework or project experience in statistical modeling, machine learning, or data visualization

Osaic

Quantitative Analyst I

Scottsdale, AZ · On-site

$57K - $63K/yr

Conduct data gathering, cleaning, validation, and exploratory analysis to support team projects ... Coursework or project experience in statistical modeling, machine learning, or data visualization

Osaic

Quantitative Analyst I

Scottsdale, AZ · Hybrid

$57K - $63K/yr

Conduct data gathering, cleaning, validation, and exploratory analysis to support team projects ... statistical modeling, machine learning, or data visualization Interest in automation, process ...

Osaic

Quantitative Analyst I

Scottsdale, AZ · Hybrid

$57K - $63K/yr

Conduct data gathering, cleaning, validation, and exploratory analysis to support team projects ... Coursework or project experience in statistical modeling, machine learning, or data visualization

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 ...

Opendoor

Pricing Analyst

Phoenix, AZ · On-site

Your expert validation and valuations will play a key role in the acquisition pricing process ... A background in data analytics, financial modeling, or a quantitative discipline. * Prior ...

USAA

Decision Science Analyst Senior

Phoenix, AZ · On-site +1

$87K - $115K/yr

... behaviors, etc.), models and other relevant information to draw conclusions and make ... Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make ...

next page

Showing results 1-20

All JobsQuantitative Model Validation Analyst JobsQuantitative Model Validation Analyst Jobs in Arizona

Quantitative Model Validation Analyst information

See Arizona salary details

$52.7K

$124.8K

$223.7K

How much do quantitative model validation analyst jobs pay per year?

As of Aug 23, 2026, the average yearly pay for quantitative model validation analyst in Arizona is $124,759.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,900.00 and $135,600.00 per year, depending on experience, location, and employer.

What is a quantitative model validation analyst?

Quantitative Model Validation Analysts are professionals who assess and validate financial models used by banks and financial institutions. They ensure that these models are accurate, reliable, and comply with regulatory standards. Their work involves testing model assumptions, reviewing model methodologies, and analyzing model outputs to identify potential risks or weaknesses. By providing an independent review, they help organizations maintain the integrity and performance of their risk management and financial forecasting tools.

What are some typical challenges faced by quantitative model validation analysts when assessing complex financial models?

Quantitative Model Validation Analysts often encounter challenges such as interpreting intricate model methodologies, ensuring data integrity, and effectively communicating technical findings to stakeholders who may not have a quantitative background. Additionally, staying current with evolving regulatory requirements and industry standards can be demanding. Collaborating closely with model developers, risk managers, and auditors is crucial to address model limitations and propose actionable improvements, making strong communication and analytical skills essential for success in this role.

What are the key skills and qualifications needed to thrive as a quantitative model validation analyst, and why are they important?

To thrive as a Quantitative Model Validation Analyst, you need a strong background in quantitative finance, statistics, and programming, typically supported by a degree in mathematics, finance, or a related field. Familiarity with statistical software such as Python, R, MATLAB, and model risk management frameworks is essential, and certifications like FRM or CFA are advantageous. Analytical thinking, attention to detail, and effective communication skills set top performers apart by enabling them to explain complex model risks and recommendations clearly. These skills and qualities are vital for ensuring the accuracy, reliability, and regulatory compliance of financial models within an organization.

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

AspectQuantitative Model Validation AnalystQuantitative Risk Analyst
CredentialsTypically requires a degree in finance, mathematics, or statistics; certifications like CFA or FRM are commonSimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentFocuses on validating models used in risk management, trading, or credit scoring within financial institutionsAnalyzes and manages financial risk, including market, credit, and operational risks in banking or investment firms
Industry UsageCommonly employed in banking, asset management, and insurance sectorsWidely used in banking, hedge funds, and financial services

The main difference is that Quantitative Model Validation Analysts focus on testing and validating models to ensure accuracy and compliance, while Quantitative Risk Analysts assess and manage overall financial risks. Both roles require strong quantitative skills and often overlap in credentials and work environments, but their core responsibilities differ in scope and focus.

What are popular job titles related to Quantitative Model Validation Analyst jobs in Arizona?

For Quantitative Model Validation Analyst jobs in Arizona, the most frequently searched job titles are:

What job categories do people searching Quantitative Model Validation Analyst jobs in Arizona look for?

The top searched job categories for Quantitative Model Validation Analyst jobs in Arizona are:

What cities in Arizona are hiring for Quantitative Model Validation Analyst jobs?

Cities in Arizona with the most Quantitative Model Validation Analyst job openings:

Quantitative Model Validation Analyst jobs near you

Model Risk Analyst

Western Alliance Bancorporation

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Re-posted 19 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

Apply