Data Analyst - BSA Model Development

Company: Wintrust Financial Corporation
Location: Des Plaines
Posted on: June 21, 2022

Job Description:

Founded in 1991 with the idea to be the alternative to the big banks, Wintrust has since grown into a financial services company with more than $45 billion in assets, headquartered in Rosemont, Illinois. Through our multiple companies and divisions, we provide traditional community banking and commercial banking services, wealth management solutions, commercial and life insurance premium financing, mortgage origination, and 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 business banking services to customers located in the greater Chicagoland area, northwest Indiana, and southern Wisconsin through more than 175 community bank locations.Key AccountabilitiesBSA/AML/OFAC Modeling - Includes the start to finish development, testing, tuning, and implementation of BSA Department Models. Activities are conducted on both 3rd party purchased models as well as homegrown models. This includes but not limited to writing of code, the training / fitting of the model parameters, and meeting model risk management governance requirements.Applied Data Science & Analytics - Includes the application of Data Science & Analytics to address new and existing business challenges within the subject of BSA/AML/OFAC. This includes discovery and clear reporting of business insights through data visualization tools, as well as recommending, developing, and implementing best practice business solutions. Documentation & Presentation - Includes complete & clear documentation of the Modeling and Analytic activities, as well as presentation of insights and recommendations to BSA Leadership.Modeling & Analytics Subject Matter Expert Liaison - This position is expected to act as a key contact point for other Wintrust units that have overlapping interest. These other units are principally IT Application Support, Project Management, IT Data Management, and other Compliance data analysts. The position is expected to represent BSA from a Model and Analytics impact perspective.Scrutiny Response - Includes responding to inquiries from internal and external validators, as well as regulators. Responses include but are not limited to explaining models and solution processes clearly, as well as addressing any official findings and/or recommendations.Other Duties - Includes addressing other duties as assigned relevant to the BSA Model Development Unit.Related ExperienceBachelor's Degree in Data Science, Computer Science, or other Applied Quantitative Field (Significant Experience, or Degree Candidacy in-lieu of Degree); Master's Degree or Candidacy Preferred.5+ Years of Model Testing & Tuning Experience5+ Years of Applied Data Analysis & Reporting Experience2+ Years of Model Development ExperienceIntermediary in Database Language Skills (e.g. SQL)Intermediary in Statistical Analysis Tool Skills (e.g. SAS, R, Microsoft Power Query, Alteryx)Intermediary in Reporting & Visualization Tools Skills (e.g. PowerBI, Tableau, Business Objects)Beginner in Programming Language Skills (e.g. Python)Mastery in Excel or Equivalent Spreadsheet SkillsHighly skilled at Documentation and Communication of Analytical and Modeling work/subjects to audiences of varying degrees of subject knowledge.Beginner skills at responding to 3rd party reviews/challenges (e.g. Exams and Audits)Preferred Exposure to the use of ML/AI to solve business casesDemonstrates strong analytical and problem solving skillsSkilled at teaching and mentoring other Unit analysts.Excellent Natural Aptitude for analytics and skill growthNaturally curious and outside the box thinker, with creative problem solving skillsDesire to work in a fast growing environment with strong time management skillsWintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

Keywords: Wintrust Financial Corporation, Des Plaines , Data Analyst - BSA Model Development, Professions , Des Plaines, Illinois