{bc}
Apply
workday

VP Model Risk Management

Wintrust Financial Corporation
Rosemont, USA
Full-time
Director · 10–15 years experience
Onsite
Discovered 2 weeks ago
python

Full Job Posting

Qualifications

  • 10-15 years of progressive experience in model development or model risk management within midsize or large U.S. financial institutions.
  • Deep knowledge of traditional statistical modeling methods (OLS, logistic regression, survival modeling, etc.)
  • Moderate knowledge of artificial intelligence and machine learning approaches (gradient boosting models, neural networks, k-means clustering, etc.). Familiarity with performance evaluation metrics and techniques for LLMs.
  • PhD or Master’s in Mathematics, Statistics, Economics, Engineering, or other quantitative field related to Artificial Intelligence
  • Strong programming skills in Python and experience with machine learning frameworks and data science libraries.
  • Excellent analytical skills and strong written communication ability.

Benefits

  • Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
  • Compensation
  • The estimated salary range for this role is $135,000-$165,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience.
  • #LI-ONSITE
  • From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Responsibilities

  • Perform validations of all types of models used in Wintrust. Conduct some model validation work directly when required, including programming in Python.
  • Work with the Head of Model Risk Management to continually evolve validation practices, processes, and MRM policy. Manage and implement a comprehensive model validation framework and process for all the models in the inventory system, including AI models.
  • Follow emerging trends in AI technology and regulation and refine validation processes and AI use policy when needed.
  • Collaborate with cross-functional teams to assess and enhance models to support business strategy
  • Deliver comprehensive management reports on both individual and aggregate model risk
  • Facilitate regulatory examinations and internal audits of the modeling process and lead the model governance sessions to ensure compliance and foster continuous improvement in model risk management practices.

Apply for this job in 1 click

Skip the repetitive application forms

Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.

Sarah M.James T.Maya R.

Trusted by over 500,000 job seekers on Base Career

Start Free Today

More from this employer

More jobs at Wintrust Financial Corporation

Client Service Professional (North Region)

Lake Forest, USA

Discovered TodayFull-time

Client Service Professional (North Region)

Northfield, USA

Discovered TodayFull-time

Portfolio Manager, Commercial

Holland, USA

Discovered 2 days agoFull-time

Advanced Application Specialist - Digital Payments

Rosemont, USA

Discovered 2 days agoFull-time

Customer Contact Center Representative - 11:30am-8:00pm Shift

Rosemont, USA

Discovered 3 days agoFull-time

Senior Relationship Manager, Business Banking

Chicago, USA

Discovered 3 days agoFull-time

Advanced Business Analyst-1

Rosemont, USA

Discovered 3 days agoFull-time

Relationship Banker - Elmhurst, IL (Butterfield)

Elmhurst, USA

Discovered 3 days agoFull-time