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 within Corporate Risk Management, where the primary role is to manage risk and uncertainties arising from the use of models, in order to ensure compliance with applicable regulations and bank practices. Incumbent will contribute to managing these risks for both internally developed and models purchased from third parties.

Incumbent will support requesting due diligence documentation from Model Owners and Model Developers, support of the Model Management Lifecycle including development, implementation, validation, and ongoing performance monitoring, and general administrative tasks. Administrative tasks include management of model inventory, gathering performance metrics, onboarding new models, retiring decommissioned models, and transferring existing model documentation to bank standardized templates.

This position is not eligible for VISA sponsorship.

Due to work requirements, candidates must be located within a commutable distance to Green Bay or Milwaukee, WI.

We invite you to view the opportunity below. 

 

As a Model Risk Governance Specialist, you will: 

Support second line of defense responsibilities of the Model Management Lifecycle, including development, implementation, validation and ongoing performance monitoring.Assist development and support of ongoing maintenance of departmental risk management systems/tools and associated output/reporting, ensuring value, timeliness and accuracy; use of sound judgement and logical decision-making to recommend advancements with tools and systems.Meet with Model Owners and/or Model Developers to support the collection and assessment of documentation and other necessary information.Actively utilize and maintain departmental software systems and applications, including SharePoint, Logic Gate and Microsoft Word for model inventory management.Manage ongoing model inventory.Gather ongoing performance metrics.Onboard new models and retire decommissioned models.Transfer existing model documentation to bank standardized templates.

Education

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

Experience

4-7 years 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. PreferredKnowledge of statistical modeling techniques. 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.