Officer, Model Risk Management

Wintrust Financial Corporation

Rosemont, Illinois, United States
Base: $85,000-$110,000; bonus: eligible for annual...
Hybrid
Independent model validation experience
Sr 11-7 and occ 2011-12 regulatory compliance
Statistical and machine learning model testing
Wintrust Financial Corporation is seeking an Officer for Model Risk Management to validate and oversee the risk management of various bank-wide models. The role offers a hybrid work schedule, competitive pay, and a comprehensive benefits package, emphasizing a culture of growth and inclusivity

Job Summary

  • The Officer will independently validate the technical and functional soundness of bank-wide models including CECL, Stress Testing, and AI/Machine Learning in compliance with SR 11-7/OCC 2011-12.
  • Wintrust offers a hybrid work schedule allowing employees to split time between remote work and the Corporate Headquarters in Rosemont, IL.
  • The role includes managing model governance activities and assisting in creating reports for senior management, executive committees, and regulatory exams.

Matching Summary

Match Score: 85

Wintrust Financial Corporation is seeking an Officer for Model Risk Management to validate and oversee the risk management of various bank-wide models. The role offers a hybrid work schedule, competitive pay, and a comprehensive benefits package, emphasizing a culture of growth and inclusivity.

Salary

Base: $85,000-$110,000; Bonus: Eligible for annual discretionary or incentive bonus; Benefits: Comprehensive package including medical, dental, vision, 401k match, and tuition reimbursement

Skills & Requirements

Must-have

  • independent model validation experience
  • SR 11-7 and OCC 2011-12 regulatory compliance
  • statistical and machine learning model testing
  • conceptual soundness and data integrity review
  • back testing and sensitivity analysis execution

Nice-to-have

  • hybrid work schedule flexibility
  • inclusive and growth-oriented culture
  • experience with senior management reporting
  • strong stakeholder communication skills

Key Requirements

  • Master's degree or equivalent
  • 0-3 years of experience with credit risk or compliance models
  • Experience with CECL, BSA/AML, Fair Lending, or AI/ML models

Work Rights

Not specified

Tailored Resume

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