Model Governance Senior Analyst

4 weeks ago


Chicago, United States Interactive Brokers Full time
Job DescriptionJob Description

About INTERACTIVE BROKERS

This is a hybrid role (three days in the office/two days remote).

Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push boundaries to offer our clients the best trading platform with the most sophisticated features at the lowest cost. Software development is the lifeblood of our firm, and it shows in our stellar brokerage platform. Interactive Brokers is regularly recognized as a leader in the financial services industry.

Interactive Brokers is looking to hire a Model Governance and Risk Senior Analyst at our Chicago Office. The position has excellent growth potential for highly motivated and exceptional performers. Analysts report to a Model Governance Manager and help ensure the firm complies with regional and global anti-terrorist financing, sanctions, AML, and securities laws and regulations related to Models Governance and Risk.

As a senior analyst, you'll work on the global Model Governance and Analytics team, which is responsible for maintaining and executing the firm's model governance framework.

Responsibilities:
  • Conduct testing and tuning for AML and Trade Surveillance Reports/Models
  • Conduct performance testing of machine learning (ML) and artificial intelligence (AI) models
  • Validate algorithm and programming logic in Python, SQL and Java
  • Develop codes in Python and SQL to perform quantitative analysis on financial crime data and data quality testing
  • When required, conduct independent development of ML and other models as part of validation or internal research
  • Create and maintain documentation on tuning reports, tuning schedules, and data analyses.
  • Review ML/AI model documentation against governance procedures and regulatory expectations as part of testing and tuning
  • Develop and update model tuning plans
  • Upkeep the model governance framework and all supporting documentation
  • Participate in meetings with key model governance and other regional leadership stakeholders to ensure the effective governance and oversight of model identification, development, use, and evaluation processes.
  • Assess model documentation, including development, monitoring, and implementation documentation, for completeness against program standards and templates.
  • Conduct testing and tuning for AML and Trade Surveillance Reports/Models

The ideal candidate will have some regulatory compliance experience working for an exchange, a regulatory organization, a Broker-Dealer (BD), a Futures Commission Merchant (FCM), a Bank or a similar organization.

Preferred Qualifications:
  • Quantitative bachelor's degree (i.e., computer science, physics, mathematics or engineering)
  • 3+ years of hands-on experience in programming and/or ML/AI implementation
  • Basic knowledge of AML risks and Trade Surveillance concepts
  • Ability to communicate technical context to non-technical audience
  • Intermediate level of programming: Python and SQL
  • Intermediate level of understanding in ML/AI concepts, which includes Model algorithms, Feature importance, and Sensitivity analysis (precision-recall)
  • Basic knowledge of Java and Python packages (scikit-learn, Plotly, catboost, seaborn)
  • Ability to work independently and as a team contributor to effectively prioritize tasks in a fast-paced environment
To be successful in this position, you will have the following:
  • Self-motivated and able to handle tasks with minimal supervision.
  • Superb analytical and problem-solving skills.
  • Excellent collaboration and communication (Verbal and written) skills.
  • Outstanding organizational and time management skills.
Company Benefits & Perks
  • Competitive salary, annual performance-based bonus and stock grant
  • Retirement plan 401(k) with a competitive company match
  • Excellent health and wellness benefits, including medical, dental, and vision benefits, and a company-paid medical healthcare premium
  • Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
  • Paid time off and a generous parental leave policy
  • Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snack
  • Corporate events, including team outings, dinners, volunteer activities and company sports teams
  • Education reimbursement and learning opportunities
  • Modern offices with multi-monitor setups

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.



  • Chicago, United States Interactive Brokers Full time

    About INTERACTIVE BROKERS!This is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...


  • Chicago, Illinois, United States Interactive Brokers Full time

    About Interactive BrokersThis is a hybrid role (three days in the office/two days remote).Interactive Brokers Group is a pioneer in trading technology, having revolutionized the industry since the introduction of the first handheld trading computer in 1983. We are proud to be a technology-driven organization that continuously challenges conventional...


  • Chicago, Illinois, United States Old National Bank Full time

    Position Overview Old National Bank has a rich history of serving clients and communities since 1834. With a robust asset base of $48 billion, we are a significant regional institution dedicated to supporting our clients in achieving their aspirations while emphasizing social responsibility through community engagement and charitable initiatives. Our...


  • Chicago, Illinois, United States Interactive Brokers Full time

    About Interactive BrokersThis is a hybrid role (three days in the office/two days remote).Interactive Brokers Group is a leader in trading innovation, recognized for our commitment to technology and excellence in the financial services sector. We continuously strive to provide our clients with an advanced trading platform that features sophisticated tools at...


  • Chicago, Illinois, United States Interactive Brokers Full time

    Job OverviewAbout Interactive BrokersThis position is a hybrid role (three days in the office/two days remote).Interactive Brokers Group has been a leader in trading innovation since 1983, renowned for our technological advancements and commitment to excellence. As a technology-driven firm, we continuously challenge conventional practices to provide our...


  • Chicago, Illinois, United States Interactive Brokers Full time

    About Interactive BrokersThis is a hybrid role (three days in the office/two days remote).Interactive Brokers Group is a leader in trading innovation, recognized for our commitment to technology and excellence in the financial services sector. We continuously strive to provide our clients with a superior trading platform that features advanced...


  • Chicago, United States BankTalent HQ Full time

    Position Summary As the Model Governance Risk Analyst (MGRA), your primary responsibility will be managing and reporting on the Bank's model inventory in support of the institution's maturing Model Risk Management program. In this new position, you will cultivate positive working relationships with model owners and developers to proactively identify and...


  • Chicago, Illinois, United States BankTalent HQ Full time

    Position OverviewAs a Model Risk Management Analyst, your key role will involve overseeing and reporting on the institution's model inventory, contributing to the advancement of the Model Risk Management framework.In this pivotal role, you will foster collaborative relationships with model developers and owners to proactively identify and address risks,...

  • Model Risk Analyst

    2 weeks ago


    Chicago, United States Old National Bank Full time

    Overview Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through...


  • Chicago, Illinois, United States Old National Bank Full time

    Position Overview Old National Bank has a rich history of serving clients and communities since 1834. With a robust asset base of $48 billion, we are a regional leader committed to the communities we support. As a trusted partner, we focus on helping our clients realize their aspirations while upholding our commitment to social responsibility through...


  • Chicago, United States Senior Analyst, Alpha Analytics and Portfolio Risk Full time

    Seeking to hire a Senior Analyst, Alpha Analytics and Portfolio Risk, for a direct hire opportunity in Chicagofor one of the nation's largest independent foundations. Organizations supported by the Foundation work in about fifty countries.The Analyst is responsible for monitoring and reporting on risk and return factors impacting the Foundation’s...

  • Senior Analyst

    4 weeks ago


    Chicago, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring...


  • Chicago, United States Senior Analyst, Data, Performance, and Operations Full time

    Seeking to hire a Senior Analyst, Data, Performance, and Operations for a direct hire opportunity in Chicago for one of the nation's largest independent foundations. Organizations supported by the Foundation work in about fifty countries. Will support our client’s Investment Department’s data management infrastructure. Will provide support for the...

  • Senior Analyst

    1 month ago


    Chicago, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...


  • Chicago, United States Request Technology Full time

    Senior Analyst – Information Governance/Data Protection Salary: Open + Bonus Location: Chicago, IL Hybrid: 3 days on–site, 2 days remote *We are unable to provide sponsorship for this role* Qualifications Bachelor's degree 5+ years of applicable work experience Previous work with information or data governance control activities in the financial services...


  • Chicago, United States Request Technology Full time

    Senior Analyst – Information Governance/Data Protection Salary: Open + Bonus Location: Chicago, IL Hybrid: 3 days on-site, 2 days remote We are unable to provide sponsorship for this role Qualifications Bachelors degree 5+ years of applicable work experience Previous work with information or data governance control activities in the financial services...


  • Chicago, United States Request Technology, LLC Full time

    Senior Analyst – Data Governance/Data PrivacySalary: Open + BonusLocation: Chicago, IL or Dallas, TXHybrid: 3 days on-site, 2 days remote*We are unable to provide sponsorship for this role*QualificationsBachelor's degree7+ years of applicable work experience out of large heavily regulated environmentsExperienced in data governance, policies and procedures,...


  • Chicago, United States Request Technology, LLC Full time

    Senior Analyst – Data Governance/Data PrivacySalary: Open + BonusLocation: Chicago, IL or Dallas, TXHybrid: 3 days on-site, 2 days remote*We are unable to provide sponsorship for this role*QualificationsBachelor's degree7+ years of applicable work experience out of large heavily regulated environmentsExperienced in data governance, policies and procedures,...


  • Chicago, Illinois, United States The AZEK Company Full time

    Senior Analyst, Cyber Security Governance, Risk & ComplianceCompany OverviewThe AZEK Company stands at the forefront of sustainable building product manufacturing, committed to innovating with recycled materials. Our dedication to quality drives us to create superior residential and commercial solutions that are transforming the industry.We pride ourselves...


  • Chicago, Illinois, United States The AZEK Company Full time

    Senior Analyst, Cyber Security Governance, Risk & ComplianceCompany OverviewThe AZEK Company is a premier manufacturer of cutting-edge, sustainable building materials, committed to transforming the utilization of recycled resources. Our pursuit of excellence propels us to design high-quality solutions for both residential and commercial sectors,...