Model Risk Analyst

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.

This position is not eligible for Visa sponsorship.

• Support the execution of the Model Risk Management Program by overseeing model development, implementation, validation, and ongoing performance monitoring activities.
• Maintain the model inventory and ensure all models are appropriately classified, documented, and tracked in accordance with internal policies and regulatory expectations.
• Review and challenge model documentation and validation efforts to ensure alignment with policy and regulatory guidance
• Collaborate with business lines and model owners to provide guidance on model risk governance, including model design, use, assumptions, and limitations.
• Assist in the preparation and review of model risk reporting and dashboards, including key risk indicators and risk metrics.
• Stay current on regulatory updates, industry practices, and emerging risks to identify opportunities for process improvements and program enhancements.
• Participate in governance forums, regulatory exams, internal audits, and working groups to support enterprise risk oversight and communication.
• Provide independent risk-based analysis and recommendations to senior management regarding model performance, usage, and compliance risks.
• Support the development and maintenance of systems and tools that improve model tracking, risk evaluation, and reporting.

In addition, the ideal candidate should demonstrate the ability to:

• Exhibit intellectual curiosity and a proactive learning mindset
• Manage multiple workstreams and deliverables simultaneously
• Engage with stakeholders by asking thoughtful, strategic questions
• Communicate effectively with strong written and verbal skills
• Collaborate cross-functionally while balancing diverse perspectives
• Evaluate the performance, risks, and limitations of statistical models
• Simplify complex concepts and processes into clear, accessible explanations
• Apply statistical modeling and quantitative analysis techniques effectively

Education

• Bachelor's Degree or equivalent combination of education and experience. Emphasis in Applied Economics, Statistics, Mathematics, Actuarial Science, Finance, or a related quantitative or business field, required
• Advanced degrees or certifications in Risk Management, Data Science, or related disciplines, preferred.

Experience

• Minimum of 4 years of relevant experience with responsibilities related to risk management, compliance, or model governance, required.
• Minimum of 4 years of relevant experience in the financial services industry, 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, 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 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 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.