Capital Stress Testing Manager

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.

We invite you to view the opportunity below.

The Capital Stress Testing Manager will be responsible for developing and monitoring the capital stress testing program, conducting testing activities, analyzing testing results, and implementing improvements to ensure compliance with applicable laws and regulations.

This person will also:

• Lead the development of models, including QRM Balance Sheet Management Framework, used for capital stress testing and various other related reporting

• Support identification and management of data sources used for capital stress testing

• Perform analysis and review of internal capital stress testing related assumptions

• Maintain documentation for internal capital stress testing, including risk taxonomy, scenario design, assumption methodology, model documentation reporting, model process/procedures

• Coordinate management oversight of capital stress testing program and communicate results to senior leadership

• Support quantitative deliverables related to capital stress test reporting for risk appetite measures, limits as well as ad hoc requests

• Assist with the management of interest rate risk analysis including IRR analysis process design, assumption validation, QRM Framework processing operations and results reporting

• Work remotely, hybrid, or onsite within the bank's three state footprint (MN, WI, or IL).

Education

• Bachelor's Degree in Finance, Mathematics, Economics or other related field. Required

Experience

• 2 years of experience Formal capital stress testing and/or interest rate risk modeling at a $50B+ banking institution. Required

• 5+ years of Treasury experience in a banking institution. Required

• 7+ years of Treasury experience in a banking institution. Preferred

• 3-5 years of experience with QRM Balance Sheet Management Framework or other QRM Framework. Preferred

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 and Minnesota 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 [email protected] if you need an accommodation at any time during the process.

Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. 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.

$111,790.00 - $191,640.00 per year