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Senior Model Risk Management Jobs in California (NOW HIRING)

Serve as the primary advisor to senior leadership on all risk and insurance matters. * Lead, mentor ... Excellent analytical, financial modeling, and risk assessment skills. * Outstanding communication ...

West and Canada Program Risk Management Lead. As an industry leader in program management and ... Review and analyze integrated cost and schedule risk models to validate assumptions and outputs.

West and Canada Program Risk Management Lead. As an industry leader in program management and ... Review and analyze integrated cost and schedule risk models to validate assumptions and outputs.

West and Canada Program Risk Management Lead. As an industry leader in program management and ... Review and analyze integrated cost and schedule risk models to validate assumptions and outputs.

... senior management in support of organizational goals and objectives. Interprets findings and ... Responsible for the development of an operational model validation process to ensure alignment with ...

Prepare risk reporting for governance forums and senior leadership, on the state of the risk and ... Security risk management * AI model and system lifecycle * AI failure modes and risk ...

Senior Model-Based Systems Engineer

Alameda, CA · On-site

$118K - $162K/yr

What You'll Do Interface Management * Own all interface boundary definitions and configuration ... Familiarity with safety and risk analysis methods (FMEA, FTA, STPA) and their connection to ...

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

Act as the risk management subject matter expert on assigned project, program, portfolio being ... Develop and maintain quantitative economic risk models to evaluate the probability and impact of ...

AVP, AI Risk and Governance

San Diego, CA · On-site +1

$117K - $195K/yr

The ideal candidate has a strong background in enterprise, technology and model risk management frameworks. Roles & Responsibilities: * Support in maintaining and evolving the AI governance framework ...

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Senior Model Risk Management information

What is the difference between Senior Model Risk Management vs Model Validation Analyst?

AspectSenior Model Risk ManagementModel Validation Analyst
CredentialsAdvanced degrees in finance, statistics, or related fields; certifications like FRM or CFASimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentStrategic oversight, risk assessment, policy development within financial institutionsHands-on model testing, validation, and documentation in quantitative teams
Industry UsageUsed across banking, insurance, asset management for risk governancePrimarily in banking and financial services for model validation roles

While both roles require quantitative expertise and relevant certifications, Senior Model Risk Management focuses on overseeing and managing model risks at a strategic level, whereas Model Validation Analysts concentrate on testing and validating models to ensure accuracy and compliance.

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Senior Manager, Financial Risk Management

Senior Manager, Financial Risk Management

OpenAI

San Francisco, CA • On-site

$216K - $240K/yr

Full-time

Re-posted 6 days ago


Job description

About the Team
The Internal Controls function sits within the broader Finance Risk Management (FRM) organization and plays a key role in strengthening the integrity, scalability, and reliability of OpenAI's finance-critical operations.
Our team designs and governs control frameworks that support accurate, transparent financial results and responsible business execution. We focus on business-process and operational controls across areas such as payments, equity, procure-to-pay, payroll and HR processes, strategic investments, M&A, financial close, third-party dependencies, systems, and other high-risk workflows. We work closely with Controllership, Procurement, Legal, People, Corporate Development, Strategic Finance, Finance Systems, Compliance, and business operators to ensure processes are well-designed, well-documented, and audit-ready.
As part of FRM, we contribute to OpenAI's overall financial risk posture by supporting audit readiness, third-party risk considerations, operational risk governance, systems oversight, and ongoing process improvement across the finance ecosystem. Together, we help build the foundation of trust and operational clarity needed for OpenAI to scale responsibly.
About the Role
We're seeking a Senior Manager, Financial Risk Management to help shape and scale OpenAI's risk and controls framework across several dynamic business domains. This role will focus on identifying, prioritizing, and mitigating operational and financial risk across areas such as payments, equity, strategic investments, procurement, people processes, systems, third-party dependencies, and other finance-critical workflows.
This person will serve as a senior cross-functional partner to Finance, Controllership, Legal, People, Procurement, Corporate Development, Payments, Systems, and business operators to design and implement controls that are practical, scalable, and capable of holding up in a fast-changing environment with limited structure. The role requires someone with strong technical controls depth who can move fluidly between risk assessment, control design, program governance, and operational execution - translating ambiguous process risk into clear actions teams can adopt.
This role is based in San Francisco, CA. We use a hybrid work model of 3 days in the office per week and offer relocation assistance to new employees.
In this role, you will:
  • Lead risk and controls support across multiple finance-critical business domains, with a focus on building scalable foundations in a rapidly developing environment.
  • Assess risks across payments, equity, procurement flows, strategic investments, people processes and related systems.
  • Identify where the control environment is weakest or most exposed, and prioritize the highest-risk areas for remediation, control design, governance, or monitoring support.
  • Partner with operational, business, finance, legal, people, procurement, corporate development, and technical teams to design controls that are effective in practice and integrated into day-to-day workflows.
  • Translate risks into clear operational requirements, including ownership models, approval points, control objectives, monitoring expectations, reconciliations, evidence needs, system dependencies, and escalation paths.
  • Drive cross-functional remediation efforts where processes are unclear, fragmented, overly manual, inconsistently documented, or dependent on immature systems/data.
  • Help teams balance speed and control by implementing fit-for-purpose guardrails that support execution, preserve accountability, and avoid unnecessary friction.
  • Support new or changing processes, systems, deals, vendors, payment flows, and operating models by ensuring risk, control, governance, and evidence considerations are addressed upfront.
  • Contribute to broader ICFR/SOX and operational risk readiness efforts by strengthening control design, documentation, testing readiness, issue management, and leadership visibility across high-impact processes.
You might thrive in this role if you have:
  • 10+ years of experience in financial risk management, operational risk, internal controls, SOX/ICFR, internal audit, controllership, finance transformation, or related risk/control roles.
  • Experience working with at least some domains such as payments, procurement, strategic investments, M&A integration, HR/people processes, financial close, controllership, third-party risk, or other operational business processes.
  • Strong judgment on how to design the right level of control in a fast-scaling company, including where lightweight guardrails are sufficient, where formal ICFR/SOX controls are required, and where automation or monitoring is the better answer.
  • Experience working in environments with evolving systems, incomplete process structure, unclear ownership, or fragmented data - and bringing order without over-engineering.
  • Demonstrated ability to partner effectively with operational, finance, legal, people, procurement, corporate development, and technical teams, including stakeholders who may initially view controls as slowing them down.
  • Strong ability to translate broad risks into actionable controls, RCMs, narratives, operating requirements, quality gates, KRIs, dashboards, and remediation plans.
  • Deep familiarity with core controls concepts, including preventive vs. detective controls, manual vs. automated controls, IT-dependent controls, monitoring mechanisms, evidence expectations, testing readiness, and deficiency evaluation.
  • Strong communication, organization, and stakeholder management skills.
  • ERP, GRC, procurement, payments, HRIS, investment, M&A integration, workflow, or data platform experience is a plus.

About OpenAI
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. We push the boundaries of the capabilities of AI systems and seek to safely deploy them to the world through our products. AI is an extremely powerful tool that must be created with safety and human needs at its core, and to achieve our mission, we must encompass and value the many different perspectives, voices, and experiences that form the full spectrum of humanity.
We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or other applicable legally protected characteristic.
For additional information, please see OpenAI's Affirmative Action and Equal Employment Opportunity Policy Statement.
Background checks for applicants will be administered in accordance with applicable law, and qualified applicants with arrest or conviction records will be considered for employment consistent with those laws, including the San Francisco Fair Chance Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the California Fair Chance Act, for US-based candidates. For unincorporated Los Angeles County workers: we reasonably believe that criminal history may have a direct, adverse and negative relationship with the following job duties, potentially resulting in the withdrawal of a conditional offer of employment: protect computer hardware entrusted to you from theft, loss or damage; return all computer hardware in your possession (including the data contained therein) upon termination of employment or end of assignment; and maintain the confidentiality of proprietary, confidential, and non-public information. In addition, job duties require access to secure and protected information technology systems and related data security obligations.
To notify OpenAI that you believe this job posting is non-compliant, please submit a report through this form. No response will be provided to inquiries unrelated to job posting compliance.
We are committed to providing reasonable accommodations to applicants with disabilities, and requests can be made via this link.
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At OpenAI, we believe artificial intelligence has the potential to help people solve immense global challenges, and we want the upside of AI to be widely shared. Join us in shaping the future of technology.