The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, and commercial risk rating scorecards. The ideal candidate will have hands-on ...
The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, and commercial risk rating scorecards. The ideal candidate will have hands-on ...
Design and maintain real-time risk monitoring systems across multi-asset portfolios * Build models for dynamic position sizing, portfolio optimization, and factor exposure management * Develop stress ...
Design and maintain real-time risk monitoring systems across multi-asset portfolios * Build models for dynamic position sizing, portfolio optimization, and factor exposure management * Develop stress ...
Risk Manager
Tacoma, WA · On-site
Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.
Risk Manager
Tacoma, WA · On-site
Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.
Risk Manager
WA · On-site
Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.
Risk Manager
WA · On-site
Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.
Actuarial Associate, Insurance Risk Modeling
Des Moines, IA · On-site
$120K - $130K/yr
This role involves building and enhancing models within the firm's risk platform, performing stress testing across multiple regulatory and economic frameworks, and ensuring models remain aligned with ...
Actuarial Associate, Insurance Risk Modeling
Des Moines, IA · On-site
$120K - $130K/yr
This role involves building and enhancing models within the firm's risk platform, performing stress testing across multiple regulatory and economic frameworks, and ensuring models remain aligned with ...
$50 - $60/hr
A leading AI company is seeking a Risk Modeling Manager to work remotely, offering flexibility in projects and schedules. The role involves evaluating AI outputs related to finance, requiring ...
$50 - $60/hr
A leading AI company is seeking a Risk Modeling Manager to work remotely, offering flexibility in projects and schedules. The role involves evaluating AI outputs related to finance, requiring ...
Remote Risk Modeling Lead for AI in Finance
Indiana, PA · Remote
$50 - $60/hr
A progressive AI company in the United States seeks a Risk Modeling Manager to train AI for finance professionals. This role offers flexible, remote work and the freedom to set your own schedule.
Remote Risk Modeling Lead for AI in Finance
Indiana, PA · Remote
$50 - $60/hr
A progressive AI company in the United States seeks a Risk Modeling Manager to train AI for finance professionals. This role offers flexible, remote work and the freedom to set your own schedule.
The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, and commercial risk rating scorecards. The ideal candidate will have hands-on ...
The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, and commercial risk rating scorecards. The ideal candidate will have hands-on ...
The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, and commercial risk rating scorecards. The ideal candidate will have hands-on ...
The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, and commercial risk rating scorecards. The ideal candidate will have hands-on ...
Actuarial Associate, Insurance Risk Modeling
New York, NY · On-site
$120K - $130K/yr
This role involves building and enhancing models within the firm's risk platform, performing stress testing across multiple regulatory and economic frameworks, and ensuring models remain aligned with ...
Actuarial Associate, Insurance Risk Modeling
New York, NY · On-site
$120K - $130K/yr
This role involves building and enhancing models within the firm's risk platform, performing stress testing across multiple regulatory and economic frameworks, and ensuring models remain aligned with ...
Be Seen First
Senior Construction Management Project Risk Management Professional
Manhattan, NY · On-site
$70 - $120/hr
Perform quantitative risk modeling, including Monte Carlo simulation, cost-risk analysis, schedule-risk analysis, contingency modeling, and interpretation of risk results. * Support cost risk ...
Quick apply
Be Seen First
Senior Construction Management Project Risk Management Professional
Manhattan, NY · On-site
$70 - $120/hr
Perform quantitative risk modeling, including Monte Carlo simulation, cost-risk analysis, schedule-risk analysis, contingency modeling, and interpretation of risk results. * Support cost risk ...
A consulting firm is seeking a Senior P&C Consulting Actuary with over 10 years of experience in P&C insurance to lead reserving, pricing, and risk modeling. The ideal candidate holds an ACAS or FCAS ...
A consulting firm is seeking a Senior P&C Consulting Actuary with over 10 years of experience in P&C insurance to lead reserving, pricing, and risk modeling. The ideal candidate holds an ACAS or FCAS ...
Design and maintain real-time risk monitoring systems across multi-asset portfolios * Build models for dynamic position sizing, portfolio optimization, and factor exposure management * Develop stress ...
Quick apply
Design and maintain real-time risk monitoring systems across multi-asset portfolios * Build models for dynamic position sizing, portfolio optimization, and factor exposure management * Develop stress ...
Remote Risk Modeling Lead for AI in Finance
Montgomery, AL · Remote
$50 - $60/hr
A leading AI firm in the United States is seeking a Risk Modeling Manager to support the training of AI systems specifically in finance. This flexible role allows for full-time or part-time ...
Remote Risk Modeling Lead for AI in Finance
Montgomery, AL · Remote
$50 - $60/hr
A leading AI firm in the United States is seeking a Risk Modeling Manager to support the training of AI systems specifically in finance. This flexible role allows for full-time or part-time ...
Be Seen First
Senior Construction Management Project Risk Management Professional
Manhattan, NY · On-site
$70 - $120/hr
Perform quantitative risk modeling, including Monte Carlo simulation, cost-risk analysis, schedule-risk analysis, contingency modeling, and interpretation of risk results. * Support cost risk ...
Quick apply
Be Seen First
Senior Construction Management Project Risk Management Professional
Manhattan, NY · On-site
$70 - $120/hr
Perform quantitative risk modeling, including Monte Carlo simulation, cost-risk analysis, schedule-risk analysis, contingency modeling, and interpretation of risk results. * Support cost risk ...
Enterprise Risk Modeling - Cross Asset Quant
New York, NY · On-site
$160K - $250K/yr
Enterprise Risk Modeling - Cross Asset Quant Principal Responsibilities * Development of cross-asset analytics across all MLP strategies, supporting the Office of the CIO and Business Management ...
Enterprise Risk Modeling - Cross Asset Quant
New York, NY · On-site
$160K - $250K/yr
Enterprise Risk Modeling - Cross Asset Quant Principal Responsibilities * Development of cross-asset analytics across all MLP strategies, supporting the Office of the CIO and Business Management ...
Project Risk Specialist (Risk Management Services)
New York, NY · On-site
$107K/yr
The selected candidate will be responsible for managing and executing project risk management efforts, including risk identification, assessment, modeling, mitigation, reporting, and continuous ...
Project Risk Specialist (Risk Management Services)
New York, NY · On-site
$107K/yr
The selected candidate will be responsible for managing and executing project risk management efforts, including risk identification, assessment, modeling, mitigation, reporting, and continuous ...
The CCB Portfolio Risk Modeling Center of Excellence brings together economists, statisticians, mathematicians, and analytics professionals to quantify and manage lending risks across Consumer ...
The CCB Portfolio Risk Modeling Center of Excellence brings together economists, statisticians, mathematicians, and analytics professionals to quantify and manage lending risks across Consumer ...
Credit Risk Modeler
San Jose, CA · Hybrid
... modeling using Machine Learning modeling techniques * Technical Skills Required: Hive, PySpark, SQL, Python * Must have experience in development of Credit Risk models (probability of default ...
Credit Risk Modeler
San Jose, CA · Hybrid
... modeling using Machine Learning modeling techniques * Technical Skills Required: Hive, PySpark, SQL, Python * Must have experience in development of Credit Risk models (probability of default ...
Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.
Devise systems and processes to monitor validity of risk modeling outputs. Evaluate the risks and benefits involved in implementing strategies. Document, and ensure communication of, key risks.
Risk Modeling information
See salary details
$19.29 is the 25th percentile. Wages below this are outliers.
$14.42 - $19.84
28% of jobs
The median wage is $23.08 / hr.
$19.84 - $25.26
37% of jobs
$25.26 - $30.68
6% of jobs
$34.07 is the 75th percentile. Wages above this are outliers.
$30.68 - $36.10
6% of jobs
$36.10 - $41.52
12% of jobs
$41.52 - $46.94
0% of jobs
$46.94 - $52.36
0% of jobs
$52.36 - $57.78
8% of jobs
$57.78 - $63.20
0% of jobs
$63.20 - $68.62
0% of jobs
$68.62 - $74.04
2% of jobs
$14
$30
$74
How much do risk modeling jobs pay per hour?
What is the difference between Risk Modeling vs Risk Analyst?
| Aspect | Risk Modeling |
|---|
| Aspect | Risk Modeling |
|---|
Risk Modeling involves developing quantitative models to predict and assess potential risks using statistical and mathematical techniques. Risk Analysts interpret these models, analyze data, and provide insights to support decision-making. While Risk Modeling focuses on creating models, Risk Analysts apply these models to real-world scenarios. Both roles often require similar credentials like certifications in risk management and work in similar environments such as finance, insurance, or banking. Understanding the distinction helps organizations allocate resources effectively and professionals target their skill development.
What is risk modeling?
What are the key skills and qualifications needed to thrive as a Risk Modeler, and why are they important?
What are some common challenges faced by professionals in risk modeling roles, and how are they typically addressed?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 20 days ago
U.S. Bank rating
8.2
Based on 345 frontline employees who took The Breakroom Quiz
38th of 141 rated banks
Job description
At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
Job DescriptionWe are looking for a strategic and results-driven quantitative leader to lead partnering with technology and lead automation initiatives within the Credit Risk Model Operations and Strategy team, as part of the Model Development and Decision Science (MDDS) organization. This role will focus on redesigning and optimizing key processes across the model lifecycle-including implementation, production, and performance monitoring-as we migrate from SAS to Azure Databricks and Python.
About the CRA Team
We are a highly dynamic and talented team which delivers on our mission through four pillars: Customer, Process, Talent, and Data.
Vision | We create the future of credit risk management through data, analytics, and risk process innovation for our customers.
Mission | We deliver data-driven information solutions to protect our stakeholders and inform the most significant financial decisions in the bank.
Values | In addition to U.S. Bank core values, we prioritize collaboration, integrity, simplicity, and continuous learning.
About the Role
We are seeking a strategic and technically skilled leader to partner with technology and drive automation within the Credit Risk Model Development and Decision Science (MDDS) team. This role will focus on enhancing model production, model monitoring, model implementation, reporting, and documentation capabilities through the development and maintenance of reusable code libraries, robust data source connections, containerized environments, testing and execution pipelines. The leader will also lead evaluation, selection, onboarding, and lifecycle maintenance of any third-party tools and platforms leveraged by the Credit Risk Model Development and Decision Science (MDDS) team. You will be responsible for designing systems and processes for model development, production, monitoring, and implementation. The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, and commercial risk rating scorecards. The ideal candidate will have hands-on experience in system design, a strong foundation in data science, and proficiency in quantitative programming languages.
Key Activities
This role centers on helping our team migrate our model infrastructure from SAS to Azure Databricks and Python. The emphasis is on building strong architectural foundations that support repeatable processes, improve efficiency, and facilitate automation. This role will partner with technology to lead the selection, onboarding, and maintenance of technology tools and platforms used in model operations and redesigning processes to be modular, scalable, and well-controlled.
The processes in scope for this role include:
Model development - build repeatable, standardized processes and tools for model development.
Implementation - scalable tools to onboard models into production.
Production - platforms for executing models for core production purposes.
Monitoring - automated systems to track and assess model performance.
Reporting - integrations and pipelines for dashboards and formatted output delivery.
Core Competencies:
Strong understanding of technology including fundamental software engineering principles, automation tools, cloud-based tools and infrastructure, database systems, and dashboard/visualization tools particularly in support of modeling /quantitative platforms.
Exceptional leadership skills and ability to drive initiatives that span multiple teams and stakeholders.
A mindset for collaboration, customer centricity, and risk management.
Experience with risk modeling and data at large regulated financial institutions.
Familiarity with AI-driven tools and automation platforms (e.g., Microsoft Copilot, Microsoft Power Platform) to streamline data operations and accelerate data delivery.
Innovation & Automation Leadership
Design, build, and maintain reusable code libraries and frameworks to support model development, implementation, production and monitoring activities.
Partner with technology to lead the selection, onboarding, and maintenance of technology tools and platforms used in model operations.
Develop and manage automated data pipelines and containerized environments (e.g., Docker, Kubernetes) for scalable data processing, model operations.
Implement orchestration tools (e.g., Apache Airflow) to streamline model operations workflows, reporting, and documentation.
Training & Enablement
Develop and deliver onboarding programs for new team members, focusing on tooling, infrastructure, and best practices.
Provide ongoing training and support to ensure effective use of automation tools and libraries.
Foster a culture of continuous learning and innovation within the team.
Stakeholder Engagement
Partner with model developers and model operations to assess and meet their technological needs in a timely and effective manner.
Contribute to reporting and presentations for senior management and risk committees.
Basic Qualifications
Bachelor's degree in a quantitative field, and 10 or more years of relevant experience
ORMA/MS in a quantitative field, and six or more years of related experience
ORPhD in a quantitative field, and five or more years of related experience
Preferred Skills/Experience
Object-oriented python programming
Databricks experience required in model development, model production, and/or model monitoring.
Relational databases, SQL query optimization
Code management and version control using Git
AI/ML and generative AI approaches
Strong project management and organizational skills
LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
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About U.S. Bank
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U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Minneapolis, MN, US
Year founded
1863