Quantitative Model Analyst 4

Job DescriptionValidates, tests, and documents usage of complex statistical models. The models may cover a variety of products or services; however, all models are used as part of the financial decision-making process. Specific results focus on documenting the validation and/or testing of advanced statistical models and communicating the results to stakeholders within the Bank. Deliverables include creation of model validation documentation such as: formal written reports, summary presentations, model or reporting code documentation, procedures, or other ad hoc reporting/documentation.

Basic Qualifications

• Bachelor’s degree in a quantitative field, and eight or more years of relevant experience

OR

• MA/MS in a quantitative field, and five or more years of related experience

OR

• PhD in a quantitative field, and four or more years of related experience

Preferred Skills/Experience

• Advanced knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using SAS or similar statistical package
• Thorough data compilation, programming skills and qualitative analysis skills
• Thorough knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
• Advanced understanding of applicable regulatory rules, guidance, or supervisory letters
• Ability to manage multiple tasks across various timelines
• Strong analytical, organizational, problem-solving, negotiation, and project management skills
• Demonstrated independence, teamwork and leadership skills
• Effective interpersonal, verbal and written communication skills

LOCATION EXPECTATIONS:Â This role requires working from a U.S. Bank Location three (3) or more days per week.

Benefits:Â

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $119,765.00 - $140,900.00

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