U.S. Bank
Join to apply for the
Quantitative Model Validation Analyst 3
role at
U.S. Bank Job Description Validates and oversees creation and usage of complex financial risk management models. The models cover a variety of products or services related to mortgages, capital market and wealth management areas. Works with multiple business lines and Model Risk Management team through the model development cycle performing data analysis, testing, documentation verification, benchmarking, creation and coding of challenger models, implementation testing and verification, monitoring. Deliverables include written reports covering validation reviews, identification of risk concerns, and presentations/communication of the outcomes to the stakeholders. The group provides a collegial work environment and encourages technical skills development. Basic Qualifications
Bachelor’s 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 various regression techniques, parametric and non-parametric algorithms, times series techniques, broad range of statistical models, various model validation tests / methodologies, using Python, R, SAS or similar statistical package Data compilation, programming skills and qualitative analysis skills Knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches 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 Benefits: 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 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. U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws.
#J-18808-Ljbffr
Quantitative Model Validation Analyst 3
role at
U.S. Bank Job Description Validates and oversees creation and usage of complex financial risk management models. The models cover a variety of products or services related to mortgages, capital market and wealth management areas. Works with multiple business lines and Model Risk Management team through the model development cycle performing data analysis, testing, documentation verification, benchmarking, creation and coding of challenger models, implementation testing and verification, monitoring. Deliverables include written reports covering validation reviews, identification of risk concerns, and presentations/communication of the outcomes to the stakeholders. The group provides a collegial work environment and encourages technical skills development. Basic Qualifications
Bachelor’s 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 various regression techniques, parametric and non-parametric algorithms, times series techniques, broad range of statistical models, various model validation tests / methodologies, using Python, R, SAS or similar statistical package Data compilation, programming skills and qualitative analysis skills Knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches 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 Benefits: 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 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. U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws.
#J-18808-Ljbffr