ZipRecruiter

Log In

1

Weekend Model Risk Management Jobs in Texas (NOW HIRING)

US Bank

Audit Project Manager - Model Risk

Irving, TX · On-site

$99.90K - $131.10K/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 ...

Tecolote Research

Risk Management Analyst

Houston, TX · On-site

Develop risk statements, mitigation plans, and quantitative risk models * Support and participate ... Bachelor's degree (BS/BA) in Business Management, Economics, Math, Engineering, or Economics * 12 ...

Power Finance Texas

Risk Management Analyst

Dallas, TX

$70K - $85K/yr

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

Frost Bank

Model Validation Analyst II

San Antonio, TX · On-site

Evaluate governance for Model Risk Management by reviewing policies, controls, risk assessments, documentation standards, and validation standards that are required to manage modeling processes ...

next page

Showing results 1-20

People also search for

All JobsWeekend Model Risk Management JobsWeekend Model Risk Management Jobs in Texas

Weekend Model Risk Management information

What are the key skills and qualifications needed to thrive in Weekend Model Risk Management, and why are they important?

To thrive in Weekend Model Risk Management, you need a solid background in quantitative analysis, statistics, and risk management, typically supported by a degree in finance, mathematics, or a related field. Familiarity with risk management frameworks, financial modeling software (such as SAS, Python, or R), and regulatory guidelines is crucial. Strong analytical thinking, attention to detail, and effective communication skills help differentiate top performers in this role. These skills ensure accurate risk assessment, compliance with regulations, and the ability to communicate complex findings to stakeholders even during off-peak hours.

What are some unique challenges faced by professionals working in Weekend Model Risk Management roles?

Professionals in Weekend Model Risk Management often face the challenge of addressing urgent model validation or risk assessment tasks outside of standard business hours, which requires strong time management and clear communication with weekday teams. Since model risk issues can arise unexpectedly, weekend teams must be adept at quickly assessing model performance, documenting findings, and escalating concerns as needed. Additionally, collaboration with cross-functional teams—such as compliance, IT, and front-office staff—is essential to ensure continuity of oversight and to resolve issues that may impact critical business decisions before the next trading week. This role offers exposure to a range of models and scenarios, helping build expertise and visibility within risk management functions.

What is Weekend Model Risk Management?

Weekend Model Risk Management refers to the process of identifying, assessing, and mitigating risks associated with financial and statistical models specifically over weekends or during non-standard business hours. This role is crucial for institutions that operate globally or require continuous monitoring to ensure models function properly and remain compliant even when regular staff may be unavailable. Weekend Model Risk Management professionals review model performance, validate data, and implement controls to prevent errors or breaches during off-peak times. Their work helps maintain the integrity and reliability of models used for trading, risk assessment, and decision-making.

What is the difference between Weekend Model Risk Management vs Weekend Quantitative Analyst?

AspectWeekend Model Risk ManagementWeekend Quantitative Analyst
CredentialsTypically requires risk management certifications, finance or quantitative degreesRequires quantitative degrees, often with programming skills
Work EnvironmentFocuses on risk assessment, model validation, complianceInvolves data analysis, model development, financial modeling
Industry UsageCommon in banking, asset management, financial institutionsCommon in hedge funds, investment banks, trading firms

Weekend Model Risk Management professionals focus on identifying and mitigating risks associated with financial models, ensuring compliance and accuracy. Weekend Quantitative Analysts primarily develop and analyze models to support trading and investment decisions. While both roles require quantitative skills and finance knowledge, their core responsibilities differ: risk management emphasizes validation and oversight, whereas quantitative analysis centers on model creation and optimization.

What are the most commonly searched types of Model Risk Management jobs in Texas? The most popular types of Model Risk Management jobs in Texas are:
What cities in Texas are hiring for Weekend Model Risk Management jobs? Cities in Texas with the most Weekend Model Risk Management job openings:
Weekend Model Risk Management jobs near you
Asset and Liability Management Risk Manager - Financial Risk Management

Asset and Liability Management Risk Manager - Financial Risk Management

Western Alliance Bank

Dallas, TX

$159.75K - $197.33K/yr

Full-time

Medical, Dental, Retirement

Posted 8 days ago

Job description

Job Title:

Asset and Liability Management Risk Manager - Financial Risk Management

Location:

CityScape

What you'll do:

The Market Risk Team within Financial Risk Management (FRM) oversees risk taking activities of Treasury focusing specifically on Interest Rate Risk. The team facilitates effective use of risk appetite to monitor and assess risk-taking activities. The group also plays a key role in keeping senior management appraised of the Company's market risk profile. This is achieved by using risk measures, proactive application of expert judgement, and limit setting. Activities are centered on risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement.

  • You'll provide independent risk oversight, challenge, and assessment of interest rate risk exposure with a strong emphasis on quantitative analysis, use of management judgement, and data validation using quantitative techniques

  • Review scenario design, model configurations, and results produced in the Quantitative Risk Management tool (QRM) (e.g., Economic Value of Equity/Earnings at Risk, forecast runs, Funds Transfer Pricing linkages); independently replicate or sensitivitytest key assumptions using quantitative techniques where direct QRM instance access is not available.

  • Develop robust processes and tools to validate key financial assumptions, such as deposit behaviors, prepayment trends, and pricing strategies, and ensure QRM results are accurately reconciled with source systems and established policy limits.

  • Lead structured challenge sessions and memorialize outcomes in memos/minutes consistent with FRM governance and practices.

  • Produce Second Line of Defense Asset Liability Management/Interest Rate Risk dashboards and narratives for the Asset Liability Committee/Financial Risk Management governance, highlighting drivers of risk and emerging issues.

  • Assist in developing and enhancing the market risk management framework, including the design and implementation of risk metrics, reporting processes, and limit structures

What you'll need:

  • 5+ years in Asset Liability Management/Interest Rate Risk in the Banking Book, with at least 2+ years in Second Line of Defense/Model Risk Management or other independent oversight roles.

  • Bachelor's degree in related field required.

  • Handson QRM proficiency (Asset Liability Management/Interest Rate Risk modules; comfort reading QRM output structures, assumptions, and libraries). Ability to replicate Economic Value of Equity/Earnings at Risk and Net Interest Income sensitivities via Python/R/Structured Query Language when needed.

  • Advanced knowledge and experience with tools like Python, Structured Query Language, or R for data analysis and quality checks is a plus, along with familiarity with version control and an interest in process improvement.

  • Advanced knowledge of Asset Liability Management concepts & policy (betas, decays, prepay, deposit segmentation, Funds Transfer Pricing, hedging), and Interest Rate Risk/Asset Liability Management governance. Knowledge of ALM concepts & policy (betas, decay rates, prepay, deposit segmentation, FTP, hedging), and IRR/ALM governance.

  • Professional certification such as Financial Risk Manager (FRM), Professional Risk Manager (PRM), or Chartered Financial Analyst (CFA) preferred.

  • Advanced speaking and writing communication skills.

Compensation: Salary range for new hires is generally $159,745.00 - $197,331.00 for Chicago, IL. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

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