Director Quantitative Modeling

Associated Bank • Milwaukee, WI

4d

About The Position

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. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires. The Director of Quantitative Modeling leads the development of critical credit risk and behavioral models that inform key business and regulatory decisions. This role partners closely with Credit Risk Analytics to strengthen model governance, accuracy, and impact across the bank. It offers the opportunity to shape enterprise-wide risk insights while developing and mentoring a high-performing quantitative team.

Requirements

• Bachelor’s degree in Applied Economics, Mathematics, Statistics, or Actuarial Science.
• 4+ years of experience in a quantitative or analytics-focused role.
• 2+ years of hands-on experience developing, validating, and documenting complex statistical models.

Nice To Haves

• Master’s degree in Applied Economics, Mathematics, Statistics, or Actuarial Science.
• Experience with credit risk, CECL, stress testing, or regulatory modeling in financial services.
• Prior people leadership or team lead experience.

Responsibilities

• Lead the design, development, documentation, and validation of complex quantitative models, including CECL, stress testing, PD, LGD, and EAD.
• Manage and mentor a team of quantitative professionals to deliver high-quality models and analyses.
• Ensure models meet regulatory expectations and internal governance standards.
• Partner with Credit Risk, Finance, Marketing, and Model Risk Management on modeling initiatives.
• Communicate complex analytical concepts clearly to technical and non-technical stakeholders.
• Drive continuous improvement in modeling methodologies, tools, and processes.

Benefits

• 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-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees