1

Manager Model Risk Management Jobs in Wisconsin (NOW HIRING)

Responsible for ongoing management, the bank's Model Risk Management Program including continuous enhancements in compliance with applicable regulations and industry practices. The incumbent will be ...

Instead, it requires strong audit project management skills to ensure quantitative audits are ... Knowledge of model risk *This role requires working from a U.S. Bank location three (3) or more ...

Audit Project Manager - Model Risk

Milwaukee, WI ยท On-site

$102K - $134K/yr

The Model Risk APM is primarily responsible for completing audit engagements with minimal ... Performing other duties as requested by management. Basic Qualifications * Bachelor's degree, or ...

Research and evaluate current trends in risk management and loss control utilizing industry-recognized standards and best practices * Identify and analyze potential risk factors and exposures for ...

RISK MANAGER

La Crosse, WI ยท On-site

$83K - $111K/yr

Provide risk management training and education to all employees. Develop and maintain crisis ... Proficient in data analysis and statistical modeling Expertise in identifying areas of risk ...

next page

Showing results 1-20

Manager Model Risk Management information

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.

What does a model risk manager do?

A model risk manager oversees the identification, assessment, and mitigation of risks associated with financial and operational models used within an organization. They ensure models are accurate, compliant with regulations, and perform as intended, often working with validation teams and utilizing tools like statistical software. Their role helps prevent financial loss and supports sound decision-making.

What is the difference between Manager Model Risk Management vs Model Risk Analyst?

AspectManager Model Risk ManagementModel Risk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFAOften requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications
Work EnvironmentLeads teams, manages risk frameworks, and interacts with senior managementPerforms detailed risk analysis, supports model validation, and reports findings
Employer & Industry UsageCommon in banking, asset management, and financial institutionsFound in similar environments, often as a supporting role to managers

The Manager Model Risk Management oversees the entire model risk framework, manages teams, and interacts with senior stakeholders. In contrast, the Model Risk Analyst focuses on detailed analysis, validation, and reporting of models. Both roles require similar credentials but differ in scope and responsibilities.

Is model risk management a good career?

Model risk management is a specialized field within financial and banking sectors that involves identifying, assessing, and mitigating risks associated with financial models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.

What is the salary of model risk management in Deloitte?

The salary for a Manager in Model Risk Management at Deloitte typically ranges from $110,000 to $150,000 annually, depending on experience, location, and performance. Additional benefits may include bonuses, health insurance, and professional development opportunities.
What are the most commonly searched types of Model Risk Management jobs in Wisconsin? The most popular types of Model Risk Management jobs in Wisconsin are:
What are popular job titles related to Manager Model Risk Management jobs in Wisconsin? For Manager Model Risk Management jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Wisconsin look for? The top searched job categories for Manager Model Risk Management jobs in Wisconsin are:
What cities in Wisconsin are hiring for Manager Model Risk Management jobs? Cities in Wisconsin with the most Manager Model Risk Management job openings:

Model Risk Manager

Associatedbank

Milwaukee, WI โ€ข On-site

Full-time

Retirement, PTO

Posted 23 days ago


Job description

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.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Responsible for ongoing management, the bank's Model Risk Management Program including continuous enhancements in compliance with applicable regulations and industry practices. The incumbent will be responsible for leadership of the Model Risk Management program and other operational risk programs as defined. This position will create and drive policies, program, oversight and reporting in line with regulatory expectations and industry best practice.
The incumbent will establish cross-functional partnerships with various Business Lines to ensure strong communication, partnership and a consistent application of Program requirements and reporting. As needed, the incumbent will also maintain partnerships with third-party providers utilized to carry out certain elements of the program, most notably model validations. As the Manager of the Model Risk Program, the incumbent may also develop and maintain oversight of offshore resources utilized to carry out certain elements of the program as deemed necessary by Senior Risk Management.
Additionally, the incumbent will use a logical, risk-based thought process and experience to perform independent analytics and effective challenge that will assist management with risk identification, root cause analysis, and ongoing monitoring of overall risk profiles. This role will be a liaison with independent testing and regulatory bodies for review and oversight along with support of Senior Risk Management for committee and board reports.

Job Description Summary

  • 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.
  • The incumbent will 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.
  • Provides training, development opportunities and professional guidance including risk appetite statements, risk assessments, and other operational risk as defined.


Education:
Bachelor's degree-or an equivalent combination of education and experience-in Audit, Compliance, Risk, Business Administration, Finance, Economics, or Accounting required.
Experience

  • 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

Licenses and Certifications
Other Various Risk Management Related Certifications Preferred

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

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-focusedColleague Resource Groups.

  • Competitive salaries with professional development and advancement opportunities.

  • Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.

  • Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri 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 onFacebook,LinkedInandX.

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 throughout the application, interview and hiring process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

$141,890.00 - $243,240.00 per year