Officer, Model Risk Management

BankGlenview

Rosemont, IL, United States
Base: $85,000-$110,000; bonus/equity: eligible for...
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Model risk management policy and procedures
Sr 11-7/occ 2011-12 compliance
Quantitative and qualitative tests
** Wintrust is seeking an Officer for Model Risk Management in Rosemont, IL, responsible for validating bank-wide models related to credit risk, compliance, and AI. The role offers a hybrid work schedule and a supportive culture with competitive benefits. **

Job Summary

  • The Officer, Model Risk Management will conduct various activities related to enterprise model risk validation and model governance.
  • Perform independent and comprehensive validation of bank-wide statistical/econometric/ mathematical/AI/Machine Learning and qualitative (expert judgment) models in compliance with SR 11-7/OCC 2011-12 and Model Risk Management (MRM) policy and procedures.
  • The estimated salary range for this role is $85,000-$110,000, along with eligibility to earn an annual bonus.

Matching Summary

Match Score: 75

** Wintrust is seeking an Officer for Model Risk Management in Rosemont, IL, responsible for validating bank-wide models related to credit risk, compliance, and AI. The role offers a hybrid work schedule and a supportive culture with competitive benefits. **

Salary

Base: $85,000-$110,000; Bonus/Equity: Eligible for annual bonus; Benefits: Medical Insurance, Dental, Vision, Life insurance, 401(k) with company match, tuition reimbursement, and more

Skills & Requirements

Must-have

  • Model Risk Management policy and procedures
  • SR 11-7/OCC 2011-12 compliance
  • Quantitative and qualitative tests
  • Model documentation review
  • Data Validation
  • Model Conceptual Soundness
  • Back-testing
  • Sensitivity Analysis
  • Benchmarking

Nice-to-have

  • Award-winning culture
  • Hybrid Work Schedule
  • Promote from within culture
  • Inclusive environment

Key Requirements

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

Work Rights

Not specified

Tailored Resume

Cover Letter