Sr. Quantitative Analyst – Model Risk Management

Wintrust is seeking a Senior Quantitative Analyst to join their Model Risk Management team in Rosemont, IL. This role involves validating bank-wide models, including those using AI and machine learning, to ensure technical and functional soundness in compliance with regulatory standards. You will develop validation approaches, perform rigorous testing, document findings, and collaborate with stakeholders to address issues.

• Validate bank-wide statistical, econometric, mathematical, AI, and machine learning models
• Develop and implement validation approaches and benchmark models
• Perform testing for conceptual soundness, implementation accuracy, data integrity, and performance
• Prepare and document validation reports with findings and recommendations
• Collaborate with model developers and business stakeholders to address issues
• Assist in creating reports for senior management and regulatory exams