Base: $85,000-$110,000; bonus/equity: eligible to ...
Hybrid
Model validation and governance
Sr 11-7/occ 2011-12 compliance
Quantitative and qualitative testing
Wintrust is seeking an Officer for Model Risk Management to conduct validation and governance of various bank-wide models. This role requires a strong analytical background in risk management, particularly in credit risk and compliance, and offers a competitive salary along with a hybrid work model
Job Summary
Perform independent and comprehensive validation of bank-wide statistical/econometric/mathematical/AI/Machine Learning and qualitative models.
Develop a model validation testing plan commensurate with the model risk tier and perform quantitative and qualitative tests.
Manage activities related to model governance and assist VP model risk management in creating reports for senior management and regulatory exams.
Matching Summary
Match Score: 85
Wintrust is seeking an Officer for Model Risk Management to conduct validation and governance of various bank-wide models. This role requires a strong analytical background in risk management, particularly in credit risk and compliance, and offers a competitive salary along with a hybrid work model.
Salary
Base: $85,000-$110,000; Bonus/Equity: eligible to earn an annual bonus; Benefits: Not specified
Skills & Requirements
Must-have
Model validation and governance
SR 11-7/OCC 2011-12 compliance
Quantitative and qualitative testing
Model documentation review
Data validation and conceptual soundness
Nice-to-have
Award-winning culture
Hybrid work schedule
Promote from within culture
Interaction with management
Key Requirements
0-3 Years of experience
Master’s degree or equivalent
Models related to credit risk, Liquidity, Compliance, CECL, AI, Machine Learning