Senior Model Risk & Governance Lead

Associated Bank - Corp; Milwaukee (WI); On-site; USD 142,000 - 243,000; Full time

Benefits offered by this job

401(k) plan

Pension plan

Paid time off

Colleague Resource Groups

Well-being programs

Bonuses & incentives

Job summary

Associated Bank in Milwaukee, WI is seeking a Model Risk Manager to lead and advance the bank's Model Risk Management Program, ensuring regulatory compliance and governance. You will collaborate across the organization to strengthen risk oversight and provide independent challenge to senior leadership.

The role involves partnering with regulators and business partners to influence enterprise-wide risk strategies, while developing policies, trainings, and reporting to enhance program

Qualifications

• Eight plus years in financial services with senior Model Risk or Operational Risk roles.
• Advanced knowledge of risk frameworks, controls, and regulatory expectations.
• Experience building and overseeing enterprise risk management programs.
• Strong analytical, communication, and stakeholder management skills.

Responsibilities

• 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.

Skills

Analytical thinking

Communication skills

Stakeholder management

Regulatory knowledge

Education

Bachelor's degree in Risk Management, Finance, Economics, Accounting, Business Administration, Audit, Compliance, or related field

Professional certifications in Risk/Model Risk/Audit/Compliance

Job description

Associated Bank in Milwaukee, WI is seeking a Model Risk Manager to lead and advance the bank's Model Risk Management Program, ensuring regulatory compliance and governance. You will collaborate across the organization to strengthen risk oversight and provide independent challenge to senior leadership.

The role involves partnering with regulators and business partners to influence enterprise-wide risk strategies, while developing policies, trainings, and reporting to enhance program