Officer, Model Risk Management

Wintrust

Rosemont, Illinois, United States
Base: $85,000-$110,000; bonus/equity: eligible for...
Hybrid
Model risk management validation experience
Sr 11-7/occ 2011-12 regulatory compliance
Cecl and stress testing model knowledge
The Officer will conduct independent validation of bank-wide models including CECL, Stress Testing, and AI/Machine Learning in compliance with SR 11-7 regulations

Job Summary

  • The Officer will conduct independent validation of bank-wide models including CECL, Stress Testing, and AI/Machine Learning in compliance with SR 11-7 regulations.
  • Wintrust offers a competitive pay range of $85,000-$110,000 along with an annual bonus eligibility and comprehensive benefits package.
  • This role fosters an inclusive environment with a hybrid work schedule split between remote work and the Corporate Headquarters in Rosemont, IL.

Matching Summary

The Officer will conduct independent validation of bank-wide models including CECL, Stress Testing, and AI/Machine Learning in compliance with SR 11-7 regulations.

Salary

Base: $85,000-$110,000; Bonus/Equity: Eligible for annual discretionary or incentive bonus; Benefits: Medical, dental, vision, life, 401k match, tuition reimbursement

Skills & Requirements

Must-have

  • Model Risk Management validation experience
  • SR 11-7/OCC 2011-12 regulatory compliance
  • CECL and Stress Testing model knowledge
  • AI and Machine Learning model assessment
  • Quantitative and qualitative testing skills

Nice-to-have

  • Hybrid work schedule flexibility
  • Inclusive and collaborative team culture
  • Experience with Fair Lending models
  • Strong stakeholder communication skills
  • Career growth opportunities in growing org

Key Requirements

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

Work Rights

Not specified

Tailored Resume

Cover Letter