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.
Key Accountabilities
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.
Education & Experience
Required
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.
Preferred
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.
Why You’ll Love Working Here
At Associated Bank, you’ll join a collaborative, purpose-driven organization that values curiosity, accountability, and growth. We invest in our people through meaningful work, professional development, and opportunities to make a real impact. Apply today to help shape the future of risk analytics at Associated Bank.
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.
Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri 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 on Facebook, LinkedIn and X.
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 throughout the application, interview and hiring process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the process.
Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.
Associated Bank is Pay Transparency compliant.
The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.
$134,750.00 - $231,000.00 per year
