Commercial Bank of California
Join to apply for the
Model Risk Analyst
role at
Commercial Bank of California Location:
California Job Type:
Non-Exempt | Full Time | Hybrid Eligibility. Salary Range:
$65,000 – $80,000 per year About Commercial Bank Of California Commercial Bank of California (CBC) is the largest Latino-owned bank in California and a certified Minority Depository Institution (MDI). Headquartered in Irvine and founded in 2003, CBC is one of the largest privately held banks in the state, with over $3.5 billion in assets as of December 2024. We are a purpose-driven financial institution committed to building long-term relationships and delivering innovative, personalized banking solutions. Our leadership reflects the diverse communities we serve, and our mission is rooted in empowering entrepreneurs, business owners, and community leaders to thrive. As a certified MDI, CBC is proud to play a vital role in advancing financial inclusion and economic opportunity. We believe in a higher vision for banking—one that prioritizes trust, collaboration, and community impact. Join us and be part of a team that’s redefining what it means to be a community-focused, relationship-driven bank that puts people over profits. Job Summary
The Model Risk Analyst is responsible for the execution of key model governance activities, a vital component of the Bank’s model risk program. The position requires developing, maintaining and operating tools in support of required model governance activates including model inventory maintenance, validation finding workflows, model owner attestations, and model risk reporting. The Model Risk Analyst will also be responsible for ensuring business processes related to models are followed; documenting and presenting observations, tracking remediation progress; coordinating model validations projects, and preparing reporting dashboards. The individual utilizes excellent communication skills, both written and verbal, to communicate complex issues in a simple manner to management, executives, committees and the Board. Essential Duties And Responsibilities
Own the implementation and ongoing maintenance of tools supporting the Bank’s model risk management program. Develop and manage a centralized framework for model inventory, including associated documentation, performance metrics, and findings. Enable model owners to access and maintain up-to-date information on their models, including documentation and monitoring metrics. Produce executive and Board-level reports to support model risk oversight and decision-making. Lead the identification and monitoring of User Developed Applications (UDAs). Support the execution of the model control framework, including model identification, risk rating, issue tracking, remediation, and ongoing monitoring. Design and manage the quarterly model attestation process, ensuring coordination with model owners and accuracy of inventory data. Oversee workflows related to model validation findings, including issuance, tracking, reporting, and remediation. Monitor and report on model Key Risk Indicators (KRIs), including dashboard creation and risk reporting. Manage relationships with third-party vendors conducting model validations on behalf of the Bank. FDICIA Control Testing Support
Provide support for FDICIA testing activities, particularly in areas such as ITGC Controls, Risk Control Matrices, and Entity Level Controls. Perform additional duties as assigned to support the Bank’s internal control and compliance framework. Minimum Qualifications
Bachelor’s degree in risk management, Business Administration, or a related field and 10+ years of experience in risk management, audit and banking. Advanced degrees (e.g. MBA) and/or job-related certifications are preferred but not required. Must have strong underlying knowledge of regulatory frameworks within federally insured depository institutions. Experience: Prefer 2 years’ experience in Finance, Risk, Accounting. Experience with Model Risk Management programs a plus. Experience maintaining large data sets and Risk Reporting. Experience with GRC tools is a plus Skills/Ability: Strong data manipulation and management skills (Excel, SQL). General knowledge of banking products. Strong analytical and reasoning skills. Good verbal and written communication skills. Strong interpersonal, oral and written communication skills and the ability to partner with business owners as a risk and compliance subject matter expert for their business cases and / or other project related matters to Senior Management. Benefits & Perks
Competitive employer contribution to medical, dental and vision coverage 401k plan with employer match Flexible Spending Accounts (FSA) and Dependent Care Accounts Employee Assistance Program (EAP) Employer provided Calm subscription Employer provided mental health benefits through Teladoc Life, AD&D and disability insurance Minimum 15 Days of Vacation, 11 Paid Federal Holidays, Paid Time off to Volunteer Online discount program Tuition Reimbursement Program Equal Employment Opportunity & Accommodations
Commercial Bank of California is proud to be an Equal Employment Opportunity employer. We are committed to creating an inclusive environment for all employees and applicants. All qualified individuals will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, protected veteran status, or any other legally protected characteristic. We evaluate applicants fairly and equitably, including those with criminal histories, in accordance with applicable federal, state, and local laws. Commercial Bank of California is also committed to providing reasonable accommodations to individuals with disabilities. If you require a reasonable accommodation during the application or interview process, please contact us at hr@cbcal.com with the nature of your request and your contact information.
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Model Risk Analyst
role at
Commercial Bank of California Location:
California Job Type:
Non-Exempt | Full Time | Hybrid Eligibility. Salary Range:
$65,000 – $80,000 per year About Commercial Bank Of California Commercial Bank of California (CBC) is the largest Latino-owned bank in California and a certified Minority Depository Institution (MDI). Headquartered in Irvine and founded in 2003, CBC is one of the largest privately held banks in the state, with over $3.5 billion in assets as of December 2024. We are a purpose-driven financial institution committed to building long-term relationships and delivering innovative, personalized banking solutions. Our leadership reflects the diverse communities we serve, and our mission is rooted in empowering entrepreneurs, business owners, and community leaders to thrive. As a certified MDI, CBC is proud to play a vital role in advancing financial inclusion and economic opportunity. We believe in a higher vision for banking—one that prioritizes trust, collaboration, and community impact. Join us and be part of a team that’s redefining what it means to be a community-focused, relationship-driven bank that puts people over profits. Job Summary
The Model Risk Analyst is responsible for the execution of key model governance activities, a vital component of the Bank’s model risk program. The position requires developing, maintaining and operating tools in support of required model governance activates including model inventory maintenance, validation finding workflows, model owner attestations, and model risk reporting. The Model Risk Analyst will also be responsible for ensuring business processes related to models are followed; documenting and presenting observations, tracking remediation progress; coordinating model validations projects, and preparing reporting dashboards. The individual utilizes excellent communication skills, both written and verbal, to communicate complex issues in a simple manner to management, executives, committees and the Board. Essential Duties And Responsibilities
Own the implementation and ongoing maintenance of tools supporting the Bank’s model risk management program. Develop and manage a centralized framework for model inventory, including associated documentation, performance metrics, and findings. Enable model owners to access and maintain up-to-date information on their models, including documentation and monitoring metrics. Produce executive and Board-level reports to support model risk oversight and decision-making. Lead the identification and monitoring of User Developed Applications (UDAs). Support the execution of the model control framework, including model identification, risk rating, issue tracking, remediation, and ongoing monitoring. Design and manage the quarterly model attestation process, ensuring coordination with model owners and accuracy of inventory data. Oversee workflows related to model validation findings, including issuance, tracking, reporting, and remediation. Monitor and report on model Key Risk Indicators (KRIs), including dashboard creation and risk reporting. Manage relationships with third-party vendors conducting model validations on behalf of the Bank. FDICIA Control Testing Support
Provide support for FDICIA testing activities, particularly in areas such as ITGC Controls, Risk Control Matrices, and Entity Level Controls. Perform additional duties as assigned to support the Bank’s internal control and compliance framework. Minimum Qualifications
Bachelor’s degree in risk management, Business Administration, or a related field and 10+ years of experience in risk management, audit and banking. Advanced degrees (e.g. MBA) and/or job-related certifications are preferred but not required. Must have strong underlying knowledge of regulatory frameworks within federally insured depository institutions. Experience: Prefer 2 years’ experience in Finance, Risk, Accounting. Experience with Model Risk Management programs a plus. Experience maintaining large data sets and Risk Reporting. Experience with GRC tools is a plus Skills/Ability: Strong data manipulation and management skills (Excel, SQL). General knowledge of banking products. Strong analytical and reasoning skills. Good verbal and written communication skills. Strong interpersonal, oral and written communication skills and the ability to partner with business owners as a risk and compliance subject matter expert for their business cases and / or other project related matters to Senior Management. Benefits & Perks
Competitive employer contribution to medical, dental and vision coverage 401k plan with employer match Flexible Spending Accounts (FSA) and Dependent Care Accounts Employee Assistance Program (EAP) Employer provided Calm subscription Employer provided mental health benefits through Teladoc Life, AD&D and disability insurance Minimum 15 Days of Vacation, 11 Paid Federal Holidays, Paid Time off to Volunteer Online discount program Tuition Reimbursement Program Equal Employment Opportunity & Accommodations
Commercial Bank of California is proud to be an Equal Employment Opportunity employer. We are committed to creating an inclusive environment for all employees and applicants. All qualified individuals will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, protected veteran status, or any other legally protected characteristic. We evaluate applicants fairly and equitably, including those with criminal histories, in accordance with applicable federal, state, and local laws. Commercial Bank of California is also committed to providing reasonable accommodations to individuals with disabilities. If you require a reasonable accommodation during the application or interview process, please contact us at hr@cbcal.com with the nature of your request and your contact information.
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