At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Responsible for ongoing support and enhancements of the bank's Model Risk Management program and ensuring compliance with applicable regulations and bank practices. Incumbent will lead, execute, and enhance various Model Risk Management program components and activities, which may include: Risk Appetite Statement metrics and reporting, support of the Model Management Lifecycle including development, implementation, validation, and ongoing performance monitoring. Person will establish cross-functional partnerships with various Business Lines to ensure strong communication and a consistent application of Risk Management Program requirements. Additionally, person will use a logical, risk-based thought process and experience to perform independent analytics that will assist management with risk identification, reporting and ongoing monitoring of overall risk profiles. In addition, this incumbent will stay up-to-date with regulatory guidance and bank initiatives to identify and implement efficiencies and enhancements to the Risk Programs.

This position is a hybrid role with weekly in-office expectations. Due to those work requirements, candidates must be located in Milwaukee, WI or Green Bay, WI.We invite you to view the opportunity below.  As a Model Risk Analyst, you will:   Maintain parameters for Model Risk Management Program in accordance with industry and Company requirements; ensure quality implementation, comprehensiveness and value to Business Lines, and support ongoing assessment/enhancement of assigned Program(s) in line with organizational needs, scale and regulatory requirements. Execute second line of defense responsibilities for Model Risk Management Program. This includes activities related to model development, implementation, validation, and performance monitoring.Serve as expert Risk Management liaison to Business Lines as assigned; provide support and guidance on Model Risk Program and Model Lifecycle; analyze opportunities for process improvement and recommend solutions; use risk-based analysis and experience in responding to inquiries of moderate to high risk and complexity.Participate in the development, execution, management and implementation of complex analytical modeling projects.Lead development and support ongoing maintenance of departmental risk management systems/tools and associated output/reporting ensuring value, timeliness and accuracy; use sound judgment and logical decision-making to recommend advancements with tools and systems.Remain current with risk regulatory guidance and industry best practices via public domain, industry-specific organizations, and internal contacts and look to recommend strategy and enhancements to bank programs.Facilitate and coordinate Board and Committee materials, and presentations for Committee, and Board meetings.Participate with corporate governance committees/forums/working groups on behalf of the Risk Management function.Provide risk advisory and support on various Business Line and/or Company-wide initiatives as assigned.

Education

Bachelor's Degree or equivalent combination of education and experience Emphasis in Business Administration, Finance, Economics, or Accounting, Statistics, Mathematics, Information Technology; Experience in risk management, compliance, or other analytical functions Required

Experience

Minimum 4 years of relevant experience in the financial services industry with specific responsibilities related to risk management programs and practices; understanding of enterprise or operational risk, related control frameworks and practices, and regulatory requirements; solid knowledge of banking products. Required5+ years of relevant experience in the financial services industry with specific responsibilities related to Model Risk Management programs and practices; advanced understanding of enterprise or operational risk, related control frameworks and practices, and regulatory requirements; thorough knowledge of banking products. Preferred

Licenses and Certifications

Other Various Risk Management Related Certifications Preferred

In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

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. 

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. 

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance to individuals with disabilities throughout the application & interview process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the interview process.

Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.