Model Risk Manager
Green Bay, WI 
Posted 2 months 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.

Responsible for implementing, offering continuous improvement and providing ongoing management for the bank's Model Risk Management Program in compliance with applicable regulations and industry practices. The incumbent will lead 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. 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.

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

We invite you to view the opportunity below.

As a Model Risk Manager, you will:

  • 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.
  • Create and 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.
  • Establish and 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.


  • Bachelor's Degree or equivalent combination of education and experience Audit, Compliance, Risk, Business Administration, Finance, Economics, Accounting, or Data Science. Required


  • 4-7 years Financial services industry with 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. Required
  • 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

  • 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-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 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 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 to individuals with disabilities throughout the application & interview process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the interview process.

Associated Banc-Corp is an Affirmative Action andEqual Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The employment policy of Associated Banc-Corp, and its subsidiaries and affiliates ("Associated") provides equal opportunity to all persons. We support a diverse and inclusive work environment where colleagues are respected, treated fairly, and given equal opportunities to perform to their fullest potential. We believe it is only with a diverse and inclusive workplace that the organization can truly perform at its best, carry out its vision, and make a difference for the communities we serve.


Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
4 to 7 years
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