U.S. Bank
Overview
Quantitative Model Analyst 4 at U.S. Bank — a forward-thinking quantitative analyst to drive innovation in credit risk modeling for retail portfolios (e.g., residential mortgage, home equity, credit cards, and auto) supporting stress testing (CCAR) and expected credit loss (CECL/Allowance) initiatives. Responsibilities
Develop and implement advanced statistical and machine learning methods to forecast defaults, prepayments, loss-given-default (LGD), and exposure-at-default (EAD). Analyze large and complex datasets, collaborating with cross-functional teams throughout the model development lifecycle to inform strategic decisions. Clearly communicate technical findings and model insights to independent validators, auditors, and regulators. Prepare high-quality documentation and implementation materials, ensuring timely delivery and regulatory compliance. Continuously enhance processes and adopt best practices in model development and deployment. Basic Qualifications
Bachelor’s degree in a quantitative field, and eight or more years of relevant experience MA/MS in a quantitative field, and five or more years of related experience PhD in a quantitative field, and four or more years of related experience Preferred Skills/Experience
MA/MS or PhD in Statistics, Economics, Finance, Mathematics, or a related quantitative discipline. Proficiency in machine learning and statistical modeling, including regression analysis, time-series forecasting, and both parametric and non-parametric algorithms. Strong data engineering and coding skills in Python, SAS, or similar statistical programming environments. Deep understanding of quantitative and qualitative credit risk factors, industry trends, and risk management strategies. Exceptional analytical, problem solving, and project management abilities. Demonstrated independence, leadership, and collaboration in team settings. Excellent verbal and written communication skills. Notes
NOTE: This role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. If there’s 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 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. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. 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 and 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.
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Quantitative Model Analyst 4 at U.S. Bank — a forward-thinking quantitative analyst to drive innovation in credit risk modeling for retail portfolios (e.g., residential mortgage, home equity, credit cards, and auto) supporting stress testing (CCAR) and expected credit loss (CECL/Allowance) initiatives. Responsibilities
Develop and implement advanced statistical and machine learning methods to forecast defaults, prepayments, loss-given-default (LGD), and exposure-at-default (EAD). Analyze large and complex datasets, collaborating with cross-functional teams throughout the model development lifecycle to inform strategic decisions. Clearly communicate technical findings and model insights to independent validators, auditors, and regulators. Prepare high-quality documentation and implementation materials, ensuring timely delivery and regulatory compliance. Continuously enhance processes and adopt best practices in model development and deployment. Basic Qualifications
Bachelor’s degree in a quantitative field, and eight or more years of relevant experience MA/MS in a quantitative field, and five or more years of related experience PhD in a quantitative field, and four or more years of related experience Preferred Skills/Experience
MA/MS or PhD in Statistics, Economics, Finance, Mathematics, or a related quantitative discipline. Proficiency in machine learning and statistical modeling, including regression analysis, time-series forecasting, and both parametric and non-parametric algorithms. Strong data engineering and coding skills in Python, SAS, or similar statistical programming environments. Deep understanding of quantitative and qualitative credit risk factors, industry trends, and risk management strategies. Exceptional analytical, problem solving, and project management abilities. Demonstrated independence, leadership, and collaboration in team settings. Excellent verbal and written communication skills. Notes
NOTE: This role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. If there’s 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 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. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. 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 and 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.
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