Model Governance and Risk Senior Analyst

4 days ago

Chicago, Illinois, United States Interactive Brokers Full time
About Interactive Brokers

This is a hybrid role (three days in the office/two days remote) at a leading financial services company.

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.

Job Summary

We are seeking a highly motivated and exceptional Senior Model Governance Analyst to join our global Model Governance and Analytics team. The successful candidate will work on maintaining and executing the firm's model governance framework, ensuring compliance with regional and global anti-terrorist financing, sanctions, AML, and securities laws and regulations.

Key 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
Requirements
  • 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
What We Offer
  • 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

  • Senior Analyst for Model Governance and Risk

    2 weeks ago

    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...

  • Model Risk and Governance Senior Analyst

    1 week ago

    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...

  • Senior Analyst in Model Governance

    2 weeks ago

    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...

  • Model Governance Analyst

    2 weeks ago

    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...

  • Analyst of Model Governance and Risk

    2 weeks ago

    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,...

  • Senior Analyst in Model Compliance and Governance

    1 week ago

    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...

  • Quantitative Risk Model Analyst

    2 weeks ago

    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...

  • Senior Analyst in Enterprise Risk Management

    2 weeks ago

    Chicago, Illinois, United States Vantage Risk Companies Full time

    Position Overview:The Senior Analyst in Enterprise Risk Management will be instrumental in enhancing risk reporting and advancing the ERM function within Vantage Risk Companies.Key Responsibilities:1. **Data Collection and Reporting:** - Gather and monitor essential aggregation risk metrics across various risk portfolios and products. - Present findings...

  • Model Risk Management Analyst

    2 weeks ago

    Chicago, Illinois, United States BankTalent HQ Full time

    Position OverviewAs a Model Governance Risk Analyst, your key role will involve overseeing and reporting on the organization's model inventory to support the development of a robust Model Risk Management framework.In this pivotal role, you will foster constructive relationships with model stakeholders to proactively recognize and address risks, uncover...

  • Senior Cyber Security Governance and Risk Analyst

    2 weeks ago

    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,...

  • Senior Cyber Security Governance and Risk Analyst

    2 weeks ago

    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...

  • Quantitative Finance Analyst

    3 days ago

    Chicago, Illinois, United States Aitopics Full time

    Job DescriptionJob Title: Quantitative Finance Analyst - Risk Modeling ExpertJob Summary:Aitopics is seeking a highly skilled Quantitative Finance Analyst to join our Global Risk Analytics team. As a Risk Modeling Expert, you will be responsible for conducting quantitative analytics and modeling projects to support our business units and risk management...

  • Governance Risk and Compliance Analyst

    1 week ago

    Chicago, Illinois, United States Wipro Full time

    About Wipro :Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a prominent technology services and consulting firm dedicated to crafting innovative solutions that meet clients' intricate digital transformation requirements.We harness our extensive range of capabilities in consulting, design, engineering, operations, and emerging technologies to assist...

  • Quantitative Finance Analyst

    4 days ago

    Chicago, Illinois, United States Bank of America Full time

    About the RoleWe are seeking a highly skilled Quantitative Finance Analyst to join our team at Bank of America. As a key member of our Global Risk Analytics function, you will be responsible for conducting quantitative analytics and modeling projects to support our business units and risk management teams.Key ResponsibilitiesDevelop and maintain complex...

  • Lead Governance, Risk, and Compliance Security Analyst

    2 weeks ago

    Chicago, Illinois, United States InRule Technology, Inc. Full time

    Senior Security GRC Analyst at InRule Technology, Inc.InRule Technology, a prominent innovator in delivering cutting-edge solutions for diverse industries globally, is seeking a dedicated Senior Security GRC Analyst. This role is essential in advancing our sophisticated AI Decisioning platform, which seamlessly combines declarative logic, non-declarative...

  • Financial Risk Governance Expert

    7 days ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for the world's most sophisticated clients.We pride ourselves on providing innovative financial services and guidance, guided by our core principles of service,...

  • Model Risk Senior Manager

    1 month ago

    Chicago, Illinois, United States Crowe Full time

    Your Journey at Crowe Starts Here:At Crowe, you have the opportunity to deliver innovative solutions to today's complex business issues. Crowe's accounting, consulting, and technology personnel are widely recognized for their in-depth expertise and understanding of sophisticated process frameworks and enabling technologies, along with their commitment to...

  • Global Head of Rewards Risk and Governance

    2 weeks ago

    Chicago, Illinois, United States Northern Trust Corporation Full time

    Head of Global Compensation Risk Remediation and GovernanceThe Head of Global Compensation Risk Remediation and Governance is tasked with the oversight of global rewards risk, audit processes, and remediation obligations, alongside ensuring pay equity and gender pay reporting across all company regions. This position requires the establishment and upkeep of...

  • Head of Global Compensation Risk and Governance

    2 weeks ago

    Chicago, Illinois, United States Northern Trust Corporation Full time

    Position: Head of Global Compensation Risk and GovernanceThe Head of Global Compensation Risk and Governance is tasked with the management of global reward risks, audit processes, and remediation obligations, along with overseeing pay equity and gender pay reporting across all operational regions. This position requires the establishment and upkeep of a...

  • Senior Manager of Model Risk Management

    2 weeks ago

    Chicago, Illinois, United States Crowe Global Full time

    Your Journey at Crowe Starts Here: At Crowe, you have the opportunity to deliver innovative solutions to today's complex business issues. Crowe's accounting, consulting, and technology personnel are widely recognized for their in-depth expertise and understanding of sophisticated process frameworks and enabling technologies, along with their commitment to...