VP, Model Risk & AI Validation Leader

Wintrust Financial Corporation; California (MO); Hybrid; USD 135,000 - 165,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

401(k) match

Parental Leave

Employee Assistance Program

Job summary

Wintrust Financial Corporation is seeking a Model Risk Vice President to lead the Model Risk Management team in Rosemont. You will supervise validation experts, oversee AI/ML model validation, and ensure compliance with SR 26-02/OCC 2026-13 and internal policies.

The role requires 10–15 years in model development or risk management, strong Python and ML skills, and advanced degrees in a quantitative field. This is a hybrid role with collaboration across risk, regulatory, and business teams.

Qualifications

• 10-15 years of progressive experience in model development or model risk management within midsize or large U.S. financial institutions.
• Deep knowledge of traditional statistical modeling methods (OLS, logistic regression, survival modeling, etc.).
• Moderate knowledge of artificial intelligence and machine learning approaches (gradient boosting models, neural networks, k-means clustering, etc.). Familiarity with performance evaluation metrics and techniques for LLMs.
• PhD or Master’s in Mathematics, Statistics, Economics, Engineering, or other quantitative field related to Artificial Intelligence
• Strong programming skills in Python and experience with machine learning frameworks and data science libraries.

Responsibilities

• Perform validations of all types of models used in Wintrust. Conduct some model validation work directly when required, including programming in Python.
• Work with the Head of Model Risk Management to evolve validation practices, processes, and MRM policy.
• Follow emerging trends in AI technology and regulation and refine validation processes and AI use policy when needed.
• Collaborate with cross-functional teams to assess and enhance models to support business strategy.
• Deliver comprehensive management reports on model risk at both individual and aggregate levels.
• Facilitate regulatory examinations and internal audits of the modeling process and lead governance sessions.

Skills

Python programming

ML frameworks

Statistical modeling

Analytical skills

Written communication

Education

Master's in Mathematics

PhD in Quantitative field

Tools

Python

NumPy/SciPy

TensorFlow

scikit-learn

Job description

Wintrust Financial Corporation is seeking a Model Risk Vice President to lead the Model Risk Management team in Rosemont. You will supervise validation experts, oversee AI/ML model validation, and ensure compliance with SR 26-02/OCC 2026-13 and internal policies.

The role requires 10–15 years in model development or risk management, strong Python and ML skills, and advanced degrees in a quantitative field. This is a hybrid role with collaboration across risk, regulatory, and business teams.