Officer, Model Risk Management

Wintrust

Rosemont, IL, United States
Base: $85,000-$110,000; bonus/equity: eligible for...
Hybrid
Model validation
Sr 11-7/occ 2011-12 compliance
Quantitative and qualitative tests
Wintrust is seeking an Officer for Model Risk Management in Rosemont, IL, to validate and govern various bank-wide models, including those for credit risk and AI. The position offers a hybrid work schedule and comprehensive benefits, emphasizing a supportive culture and opportunities for growth

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: 85

Wintrust is seeking an Officer for Model Risk Management in Rosemont, IL, to validate and govern various bank-wide models, including those for credit risk and AI. The position offers a hybrid work schedule and comprehensive benefits, emphasizing a supportive culture and opportunities for growth.

Salary

Base: $85,000-$110,000; Bonus/Equity: Eligible for annual bonus; Benefits: Comprehensive benefit package

Skills & Requirements

Must-have

  • Model validation
  • SR 11-7/OCC 2011-12 compliance
  • Quantitative and qualitative tests
  • Model documentation review
  • Data validation
  • Model conceptual soundness

Nice-to-have

  • Award-winning culture
  • Hybrid work schedule
  • Promote from within culture
  • Relationship-focused service

Key Requirements

  • 0-3 Years of experience
  • Master’s degree or equivalent

Work Rights

Not specified

Tailored Resume

Cover Letter