Risk Modeling Manager jobs in Green Bay, WI

Guided by our relentless focus on people and desire to actively listen, we strive to create an inclusive culture and uphold equitable practices for our colleagues and community members. We seek to hire people who share our winning spirit and recognize diverse backgrounds, perspectives, and representation as strengths critical to success. If you thrive in an environment where your growth and development are supported and achieving together is valued, then Associated Bank may be the right place for you.   

Due to work requirements, candidates must be located within 30 miles of Green Bay, WI,  Milwaukee, WI or Chicago, IL. 

As a Financial Crimes / AML Model Risk Manager, you will have primary ownership of the models utilized in all of the financial crime programs - BSA, OFAC, Fraud, etc. This position ensures that the MRM regulatory obligations from a model governance perspective for model stand up, tuning, monitoring and validation is met. You will function as an integral member of the Financial Crimes AML Practice and assist the team in performing all aspects of MRM including but not limited to model development, model validation, documentation, KRI monitoring, tuning and optimization. The MRM Manager will be required to perform statistical analysis and will work closely with the financial crime teams, model governance group, and our corporate risk intelligence analysts.

We invite you to view the opportunity below. 

As a Financial Crimes Model Risk Manager, you will: 

• Understand the area of financial crime and model related requirements - laws, regulations, industry trends and company framework designed to establish processes to detect and prevent money laundering, fraud, sanctions breaches and terrorism.
• Ensure appropriate documentation with the development, tuning, validation and independent review (where necessary). Assist with development and execution of model development and ensure adherence to validation and independent review, audit scope, regulatory exams.
• Perform statistical analysis and testing / effective challenge of financial crime models, including conceptual soundness, data inputs, governance, outcomes, ongoing monitoring and documentation in accordance with MRM supervisory guidance.
• Ensure appropriate model development/validation/independent review report for each model detailing all the testing with evidence and results.
• Assist with ongoing KRI review of model output to identify drift/breaches and help with the process for tuning, with focus on both efficiencies and effectiveness.
• Assist in developing and ongoing creation of reporting for management review as well as committees and exams (audits, regulatory, and board committee reporting).
• Work closely with the LOB to understand impact to business goals and customer experience. 
• Assist project and initiative support to ensure that requirements are defined and that project goals align to our FID model approach and strategies and that our models stay current and commensurate with risk and change.

  Education 

• Bachelor's Degree or equivalent combination of education and experience in statistics, mathematics, financial crime, data analytics, forensic accounting or related fields. Required.
• Master's Degree in statistics, mathematics, financial crime, data analytics, forensic accounting or related fields. Preferred.

Experience 

• 8 years financial crimes model development or model validation with a banking institution or professional services firm. Required.

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 Twitter. 

 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. Applicants with a disability who need assistance applying for a position with Associated Bank are asked to email: Careers@AssociatedBank.com. 

 Compliance Statement 
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.