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Risk Analyst
Wintrust
Rosemont, IL, United States
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Description
Wintrust Financial Corporation’s Risk Strategy and Analytics (RSA) team brings together traditional risk management and data driven statistical and econometric modeling, and is a central part of the Wintrust Financials risk management framework. RSA’s primary responsibilities include: (i) setting and managing the Risk Appetite Framework for Wintrust; (ii) scenario design and development for firm-wide scenario based risk management; (iii) developing and implementing statistical models for business-as-usual risk management; and (iv) analyzing datasets of risk factors to gain insights about the firm’s exposures. The Risk Analyst reports directly to the SVP of Wintrust’s Risk Strategy and Analytics and will assist the SVP in executing the RSA’s responsibilities.
Create and maintain standardized tools, templates and reports that would improve risk analytics. Manage a systematic repository of data, work papers, and supporting documentation for each model. Perform R&D on industry and proprietary datasets to extract existing and evolving relationships between macroeconomic drivers and portfolio performance. Develop models to explain historical performance and predict future performance under varying economic conditions. Assist in the preparation of risk profile reporting for the Board and Senior Management as well as in the maintenance of metric inventories and data repositories.
WiWintrust Financial Corporation (Wintrust) is a financial services company based in Rosemont, Illinois, with approximately $27 billion in assets. We engage in the business of providing traditional community banking services, commercial banking, wealth management services, commercial insurance premium financing, life insurance premium financing, mortgage origination, short-term accounts receivable financing, and certain administrative services, such as data processing of payrolls, billing and treasury management services. We provide community-oriented, personal and commercial banking services to customers located in the greater Chicago, Illinois and southern Wisconsin areas through our 15 wholly-owned banking subsidiaries
Qualifications
At a minimum a BS or equivalent degree in statistics, math, economics, finance or other quantitative discipline. MS preferred.
2 to 3 years’ experience in model development (building, testing, implementing) or validation of models.
Demonstrated strong experience in statistical model lifecycle management and expertise building and implementing routines for data transformation. Practical experience with models used in the banking industry preferred.
Must have capability to clearly communicate complex analyses. Presentations to both technical and non-technical personnel will be required.
Must have the expertise and experience to define, drive and deliver innovative modeling techniques and data strategies to enable best in class risk management.
Working knowledge in one or more of SAS, R software, SQL, VBA and Access is required.
We provide an engaging, dynamic work environment, an excellent compensation package including 401k, employee stock purchase plan, medical/dental, life insurance and more!
Wintrust Financial Corporation (including community banking and financial services subsidiaries) is an Equal Opportunity/Affirmative Action/Veterans/Disability employe
r.