Officer, Model Risk Management

Wintrust

Rosemont, IL, United States
Base: $85,000-$110,000; bonus/equity: annual bonus...
Hybrid
Model validation testing plan
Quantitative and qualitative tests
Model documentation review
The Officer, Model Risk Management will conduct various activities related to enterprise model risk validation and model governance, independently validating bank-wide models

Job Summary

  • The Officer, Model Risk Management will conduct various activities related to enterprise model risk validation and model governance, independently validating bank-wide models.
  • Perform independent and comprehensive validation of statistical/econometric/mathematical/AI/Machine Learning and qualitative models in compliance with SR 11-7/OCC 2011-12 and MRM policy.
  • Wintrust offers a hybrid work schedule, competitive pay, a comprehensive benefit package, and an award-winning culture.

Matching Summary

The Officer, Model Risk Management will conduct various activities related to enterprise model risk validation and model governance, independently validating bank-wide models.

Salary

Base: $85,000-$110,000; Bonus/Equity: annual bonus eligible; Benefits: Medical, Dental, Vision, Life, 401k with match, tuition reimbursement

Skills & Requirements

Must-have

  • Model validation testing plan
  • Quantitative and qualitative tests
  • Model documentation review
  • Data Validation program
  • Model Conceptual soundness testing
  • SR 11-7/OCC 2011-12 compliance

Nice-to-have

  • Award-winning culture
  • Inclusive environment
  • Higher visibility opportunity
  • Promote from within culture
  • Relationship-focused service

Key Requirements

  • 0-3 Years of experience
  • Master’s degree or equivalent
  • Experience with credit risk, Liquidity, Compliance, CECL, AI, Machine Learning

Work Rights

Not specified

Tailored Resume

Cover Letter