Job Description

Overview

Join to apply for the Quantitative Model Validation Analyst 3 role at U.S. Bank .

At U.S. Bank, were on a journey to do our best. We help customers and businesses make better and smarter financial decisions and support communities to grow and succeed. A career with U.S. Bank offers opportunities to discover what makes you thrive at every stage of your career from Day One.

Responsibilities

• Validate and oversee the creation and usage of complex financial risk management models covering mortgages, capital markets, and wealth management areas.
• Collaborate with multiple business lines and Model Risk Management through the model development cycle, performing data analysis, testing, documentation verification, benchmarking, creation and coding of challenger models, implementation testing and verification, and monitoring.
• Deliver written reports covering validation reviews, identify risk concerns, and present outcomes to stakeholders.

Qualifications

• Bachelors degree in a quantitative field, and five or more years of relevant experience.
• MA/MS in a quantitative field, and three or more years of related experience.
• PhD in a quantitative field, and less than two years of related experience.

Preferred Skills/Experience

• Knowledge of fixed income and derivative valuation.
• Knowledge of regression techniques, parametric and non-parametric algorithms, time series techniques, a broad range of statistical models, and model validation tests/methodologies using Python, R, SAS or similar tools.
• Data compilation, programming, and qualitative analysis skills.
• Understanding of quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches.
• Ability to manage multiple tasks across timelines; strong analytical, organizational, problem-solving, negotiation, and project management skills.
• Demonstrated independence, teamwork, and leadership skills; effective interpersonal, verbal, and written communication.

Notes

Note: This role offers a hybrid/flexible schedule, with in-office expectation of 3 or more days per week and flexibility to work outside the office location for other days.

If theres anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits

• Healthcare (medical, dental, vision)
• Basic and optional life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (two to five weeks depending on salary grade and tenure)
• Up to 11 paid holidays
• Adoption assistance
• Sick and Safe Leave accruals

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location listed. The actual range may differ by location. Pay range: $111,095.00 - $130,700.00. U.S. Bank offers a comprehensive benefits package, including incentive programs and retirement plans.

Posting may be closed earlier due to high volume of applicants.

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