Financial Crimes Model Risk Manager

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.

Due to work requirements, candidates must be located within 30 miles of Green Bay or Milwaukee, WI.

We invite you to view the opportunity below.

As a Financial Crimes Model Risk Manager, you will:

• Understand the area of financial crime and model related requirements - laws, regulations, industry trends and company framework designed to establish processes to detect and prevent money laundering, fraud, sanctions breaches and terrorism
• Understand the business, risk profile, policies, procedures, processes, controls and in-scope systems in the space of financial crime
• Ensure appropriate documentation with the development, tuning, validation and independent review (where necessary). Assist with development and execution of model development and ensure adherence to validation and independent review, audit scope, regulatory exams
• Perform statistical analysis and testing / effective challenge of financial crime models, including conceptual soundness, data inputs, governance, outcomes, ongoing monitoring and documentation in accordance with MRM supervisory guidance
• Ensure appropriate model development/validation/independent review report for each model detailing all the testing with evidence and results
• Assist with ongoing KRI review of model output to identify drift/breaches and help with the process for tuning, with focus on both efficiencies and effectiveness
• Assist in developing and ongoing creation of reporting for management review as well as committees and exams (audits, regulatory, and board committee reporting
• Apply knowledge of BSA/AML, Fraud and OFAC sanctions trends, systems, and processes to evaluate models and findings for risk and develop value-added recommendations
• Work closely with the LOB to understand impact to business goals and customer experience. Collaborate on monitoring and thresholds that support model success in terms of both financial crime requirements but also customer and growth goals
• Work closely with the FID teams and Corporate Risk Intelligence analysts to optimize the work flows and processes related to models, tuning, validation and reporting
• Assist project and initiative support to ensure that requirements are defined and that project goals align to our FID model approach and strategies and that our models stay current and commensurate with risk and change

Education

• Bachelor's Degree or equivalent combination of education and experience statistics, mathematics, financial crime, data analytics, forensic accounting or related fields. Required
• Master's Degree statistics, mathematics, financial crime, data analytics, forensic accounting or related fields. Preferred

Experience

• 6-8 years Financial Crimes model development or model validation with a banking institution or professional services firm. Required

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 and Minnesota 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 to individuals with disabilities throughout the application & interview process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the interview 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.