Senior Quantitative Analyst — Model Risk & Validation

Wintrust Financial Corporation; Rosemont (IL); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) with company match

Dependent care flexible spending

Job summary

Wintrust Financial Corporation is seeking a Sr. Quantitative Analyst for the Model Risk Management team to validate enterprise models including CECL, stress testing, AML, sanctions, and risk ratings. The role emphasizes independent assessment of conceptual soundness, data integrity and governance across bank-wide models.

You will document results, collaborate with model developers and stakeholders, and drive continuous improvements to the validation process in a regulated environment.

Qualifications

• 1-3 years of experience related to data science, machine learning models, model development, and validation in credit risk, liquidity, and compliance domains.
• Strong Python programming skills and experience with evaluating complex models.
• Familiarity with SR 26-02/OCC 2026-13 and Model Risk Management is a plus.

Responsibilities

• Independently validate bank-wide statistical, econometric, mathematical, AI/ML and qualitative models.
• Develop validation approaches and benchmark models per model risk tier.
• Prepare validation reports with testing results, conclusions and actionable recommendations.

Skills

Data science

Machine learning

Python

Model validation

Education

Master’s degree or PhD

Job description

Wintrust Financial Corporation is seeking a Sr. Quantitative Analyst for the Model Risk Management team to validate enterprise models including CECL, stress testing, AML, sanctions, and risk ratings. The role emphasizes independent assessment of conceptual soundness, data integrity and governance across bank-wide models.

You will document results, collaborate with model developers and stakeholders, and drive continuous improvements to the validation process in a regulated environment.