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Senior Model Risk Management Jobs in Irving, TX (NOW HIRING)

Audit Project Manager - Model Risk

Irving, TX ยท On-site

$99K - $131K/yr

The Model Risk APM is primarily responsible for completing audit engagements with minimal ... Performing other duties as requested by management. Basic Qualifications * Bachelor's degree, or ...

... management to assess risk and improve internal controls. Adheres to the Institute of Internal ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

... management to assess risk and improve internal controls. Adheres to the Institute of Internal ... Experience in Model Risk. * Experience in AI Governance. Compensation range: The salary range for ...

Develop and maintain risk models, reports, and dashboards to support decision-making * Monitor ... risk management, financial analysis, or lending operations * Strong analytical and quantitative ...

Position Summary The Director of Risk Management supports the execution of TCR's risk management and insurance strategy, working closely with the Senior Director of Risk Management to ensure ...

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Showing results 1-20

Senior Model Risk Management information

See Irving, TX salary details

$21.6K

$113.6K

$201.7K

How much do senior model risk management jobs pay per year?

As of Jun 16, 2026, the average yearly pay for senior model risk management in Irving, TX is $113,557.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,100.00 and $139,200.00 per year, depending on experience, location, and employer.

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.

What are popular job titles related to Senior Model Risk Management jobs in Irving, TX? For Senior Model Risk Management jobs in Irving, TX, the most frequently searched job titles are:
What job categories do people searching Senior Model Risk Management jobs in Irving, TX look for? The top searched job categories for Senior Model Risk Management jobs in Irving, TX are:
What cities near Irving, TX are hiring for Senior Model Risk Management jobs? Cities near Irving, TX with the most Senior Model Risk Management job openings:
Infographic showing various Senior Model Risk Management job openings in Irving, TX as of June 2026, with employment types broken down into 100% Full Time. Highlights an 81% In-person, 6% Hybrid, and 13% Remote job distribution, with an average salary of $113,557 per year, or $54.6 per hour.

Director, Risk Analytics/Modeling (PL)

Charles Schwab Inc.

Westlake, TX โ€ข On-site

$121K - $269K/yr

Full-time

Posted 5 days ago


Job description

Your Opportunity
At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.
The Asset Liability Management (ALM) & Market Risk Modeling team within Corporate Treasury develops and maintains models used for financial planning and market risk management across Schwab's approximately $500 billion balance sheet, as well as ~$70 billion of off-balance-sheet notional investments and more than $100 billion notional of derivatives.
As a Director in the ALM & Market Risk Modeling team you will play a key role in interest rate risk management and the strategic optimization of the firm's balance sheet. Your team will be responsible for maintenance of the PolyPaths vendor model and own modeling related to linear and non-linear hedge instruments, prepayment of mortgage-backed securities, asset-backed securities, and dynamic accumulated other comprehensive income forecast. This role not only requires a very detailed technical understanding of PolyPaths but also a deep understanding of Schwab's balance sheet and interest rate risk hedging instruments. In this function, the Director will partner closely with ALM Strategy, BAU and market risk production teams, traders, risk partners, and technology teams to ensure model output is transparent, well-governed, production-ready, and ready for decision making.
What You Will Do
  • Administer the PolyPaths system, overseeing profile management and system configuration.
  • Design, implement, and support batch processing within PolyPaths Enterprise.
  • Maintain comprehensive technical documentation for the PolyPaths system and manage system upgrades.
  • Model both linear and non-linear hedge instruments and relationships using the PolyPaths platform.
  • Manage vendor prepayment models to ensure accuracy and compliance.
  • Develop and maintain models for asset-backed securities.
  • Develop and maintain the model for forecasting accumulated other comprehensive income in capital stress testing.
  • Lead production activities and control processes for capital stress testing.
  • Enhance workflow automation and implement data quality controls supporting forecasting and market risk operations.
  • Collaborate with Model Risk Oversight teams to maintain model documentation, facilitate validation efforts, and adhere to model risk management standards.
  • Utilize industry research to remain informed about peer practices, vendor solutions, and regulatory developments relevant to ALM and market risk.

What you have
Required Qualifications
  • 5+ years of direct people leadership/management experience
  • 8+ years of experience in a publicly traded complex financial services corporate environment with a strong track record of developing, automating and documenting models.
  • 8+ years of relevant experience in balance sheet and market risk modeling
  • 8+ years of experience leveraging PolyPaths, QRM, or other ALM software for financial planning, market risk, and/or capital stress test forecasts. Direct experience administering and extending PolyPaths, QRM, or other ALM software (e.g., configuration settings, batch utilities, custom integrations/APIs) and supporting enterprise production runs
  • Degree in quantitative fields such as Applied Mathematics, Financial Engineering, Engineering, Economics, or related discipline

Preferred Qualifications
  • Strong understanding of fixed income products and interest rate derivatives used for hedging (e.g., swaps, swaptions, futures, options, caps/floors) as well as risk measures
  • Strong understanding of hedge accounting for fair value and cash flow hedges.
  • Expertise with prepayment models for mortgage-backed securities (MBS) and consumer loans
  • Experience in modeling MBS, whole loans, or mortgage servicing rights
  • Experience in asset-backed securities modeling
  • Experience implementing and validating optionality-adjusted measures for instruments with embedded options.
  • Familiarity with model risk management practices (model documentation, validation support, controls testing) and regulatory expectations for model governance.
  • Experience with cloud services and distributed compute for large-scale analytics (e.g., grid/batch compute), and performance tuning.
  • Strong leadership, strategic vision, and management skills.
  • Creative thinker with strong problem-solving skills and the ability to stay calm under challenging circumstances.
  • Passion for service, professionalism, positivity, a strong work ethic with a high level of integrity, attention to detail, and teamwork.
  • Facilitate a team-based approach to subject matter management and knowledge sharing, and comfort with a flexible, agile environment emphasizing collaboration and team performance over management hierarchy.
  • Strong interpersonal, communication and presentation skills; excellent ability to communicate information effectively internally to drive cross-functional alignment and action.
  • A successful track record of driving priorities, accountability, and delivering results.