About the role

  • Model Risk Manager leading the Model Risk Management Program and Team at Associated Bank. Overseeing risk management practices and ensuring regulatory compliance and advancement in operational risk framework.

Responsibilities

  • Perform as Model Risk Management expert for all Business Lines; provide objective and independent support, challenge and guidance on Model Risk Programs and risk management practices.
  • Lead the Model Risk Management Team and Program / Framework, ensure quality implementation, comprehensiveness and value to Business Lines, and continue to strategically advance the Framework in line with organizational needs, scale and regulatory requirements.
  • Ensure ongoing oversight and deliverance of an effective risk management monitoring program through review, metrics, analysis and preparation of qualitative/quantitative risk assessments and reporting.
  • Remain current with Model Risk regulatory guidance and industry best practices as well as emerging industry-wide risks via public domain, industry-specific organizations, and internal contacts.
  • Provide leadership, tactical support and expert risk advisory on various Business Line and/or Company-wide initiatives and projects; use sound risk-based decision making, experience and judgment in responding to inquiries of moderate to high risk and complexity.
  • Lead and/or actively serve on corporate governance committees/forums/working groups on behalf of the Risk Management function.
  • Be a liaison with independent testing and regulatory bodies for review and oversight along with support of Senior Risk management for committee and board reporting.
  • Provide training, development opportunities and professional guidance including risk appetite statements, risk assessments, and other operational risk as defined.

Requirements

  • Bachelor’s degree—or an equivalent combination of education and experience—in Audit, Compliance, Risk, Business Administration, Finance, Economics, or Accounting required.
  • 8+ years financial services industry with some specific senior-level responsibilities related to Model or Operational Risk Management programs and practices; advanced understanding of operational risk, related control frameworks and practices, and existing and pending regulatory requirements.
  • Less than 2 years Project Management or Leadership covering cross-functional projects with proven ability to develop and execute tactical plans - Preferred
  • Less than 2 years Interacting with and influencing leadership - Preferred
  • Various Risk Management Related Certifications Preferred.

Benefits

  • Retirement savings including both 401(k) and Pension plans.
  • Paid time off to volunteer in your community.
  • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
  • Competitive salaries with professional development and advancement opportunities.
  • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
  • Personal banking, loan, investment and insurance benefits.

Job title

Model Risk Manager

Job type

Experience level

SeniorLead

Salary

$141,890 - $243,240 per year

Degree requirement

Bachelor's Degree

Location requirements

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