Officer, Model Risk Management

Wintrust

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 compliance knowledge
Statistical and econometric model testing
The Officer will conduct independent validation of bank-wide statistical, econometric, mathematical, AI, and machine learning models in compliance with SR 11-7 and OCC 2011-12 regulations

Job Summary

  • The Officer will conduct independent validation of bank-wide statistical, econometric, mathematical, AI, and machine learning models in compliance with SR 11-7 and OCC 2011-12 regulations.
  • 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 the VP of Model Risk Management in creating reports for senior management and risk committees.

Matching Summary

The Officer will conduct independent validation of bank-wide statistical, econometric, mathematical, AI, and machine learning models in compliance with SR 11-7 and OCC 2011-12 regulations.

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 compliance knowledge
  • statistical and econometric model testing
  • AI and Machine Learning model understanding
  • data integrity and performance accuracy testing

Nice-to-have

  • hybrid work schedule flexibility
  • inclusive environment growth opportunity
  • interaction with senior management visibility
  • promote from within culture

Key Requirements

  • Master's degree or equivalent required
  • 0-3 years of experience with credit risk models
  • Experience with CECL, Stress Testing, and AML models

Work Rights

Not specified

Tailored Resume

Cover Letter