Role Summary
The Model Risk Manager is responsible for leading and advancing Associated Bank's Model Risk Management Program to ensure compliance with regulatory requirements and industry best practices. This role partners across the organization to strengthen risk oversight, provide independent challenge, and enhance model risk governance. The position offers the opportunity to influence enterprise-wide risk management strategies and work closely with senior leadership, regulators, and business partners.
Key Accountabilities- Lead the development, implementation, and continuous improvement of the Model Risk Management Program and framework.
- Drive effective model risk governance through oversight, monitoring, reporting, and risk assessments.
- Partner with business lines to ensure consistent application of model risk standards and regulatory expectations.
- Analyze model risk trends, identify emerging risks, and provide independent challenge and risk-based recommendations.
- Develop policies, procedures, and reporting that support strong model risk management practices.
- Serve as the primary liaison with regulators, independent reviewers, and testing teams for model risk-related activities.
- Advise leadership on risk management initiatives, governance committees, and enterprise-wide projects.
- Provide training, guidance, and development opportunities that strengthen risk awareness and program effectiveness.
Education & ExperienceRequired- Bachelor's degree in Risk Management, Finance, Economics, Accounting, Business Administration, Audit, Compliance, or a related field, or an equivalent combination of education and experience.
- 8+ years of experience in the financial services industry with senior-level responsibilities related to Model Risk Management or Operational Risk Management.
- Advanced knowledge of risk management frameworks, controls, and regulatory requirements.
- Experience developing, implementing, and overseeing enterprise risk management programs.
- Strong analytical, communication, and stakeholder management skills.
Preferred- Experience leading cross-functional projects and strategic initiatives.
- Experience interacting with and influencing senior leaders and executive stakeholders.
- Professional certifications related to Risk Management, Model Risk Management, Audit, or Compliance.
- Experience supporting regulatory examinations, audits, or independent reviews.
Why You'll Love Working HereAt Associated Bank, you'll have the opportunity to work alongside talented professionals who are committed to collaboration, innovation, and continuous learning. We invest in your professional growth through development opportunities, leadership exposure, and meaningful work that influences the future of the organization. If you're ready to help shape a strong risk culture and drive enterprise-wide impact,
apply today to make an impact.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-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, 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 on Facebook, LinkedIn and X.
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.
For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.
$141,890.00 - $243,240.00 per year
