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Senior Associate, Quantitative Analyst - Model Risk Office

Riverwoods, IL, US💼 Full-time💰 $135,600–$135,600🗓 2026-08-20 → 2026-09-26

Core

Partner with model development teams to enhance modeling and analytical frameworks for Loan Loss Forecasting and Allowance for Credit Losses (ACL) using quantitative methods and machine learning.

Role type

Senior Associate quantitative analyst (model risk)

Builds

Cloud-based analytical solutions and validation reports for financial risk frameworks

Domain

Financial services / Quantitative modeling

Deliverable

production ML models | dashboards & analysis

Required skills

Statistical/econometric modeling, Linear and logistic regression, Machine learning, Time-series analysis, Panel data analysis, Cross-sectional data analysis, Survival analysis modeling, Large dataset management (>1M records), Programming in R/Python/SQL

Preferred skills

Advanced Python/R statistical analysis

Technologies

R, Python, SQL

Responsibilities

Partner with lines of business to enhance modeling frameworks, Create novel analytical solutions for business problems, Identify opportunities for quantitative automation, Collaborate on cross-disciplinary cloud-based solutions, Develop and maintain high-quality model documentation and validation reports

Seniority

Senior, hands-on IC

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