Quantitative Model Analyst 2

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Quantitative Finance Implementation & Monitoring (QF I&M) is a group within Corporate Treasury that oversees model implementation and monitoring for models covering multiple use cases (e.g., CCAR, interest rate risk, MVPE, NII forecasting). QF I&M is seeking a strong decisive, results-oriented contributor who will be responsible for the implementation and on-going monitoring for a subset of complex econometric models.

This role will work closely with model developers to understand aspects of a model’s design (e.g., techniques used, data cleansing procedures, assumptions/limitations, etc.) in order to successfully implement models in a production environment.

Responsibilities also include documenting implementation procedures and generating reports used to communicate model results to senior management.

An ideal candidate will have extensive programming experience in both SQL and Python (or other statistical software) and a sound understanding of statistical modeling techniques, including time series analysis. The workload for this role is dynamic and requires juggling multiple tasks simultaneously under tight deadlines.

Basic Qualifications

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

OR

• MA/MS in a quantitative field, and less than three years of related experience
  
  
  

Preferred Skills/Experience

• Proficiency in Python
• Experience with data warehousing, data structures and data quality assurance testing using SQL, or similar database language
• Thorough knowledge of statistical modeling techniques, including regression analysis, time series analysis, and parametric and non-parametric algorithms
• Strong mathematical, analytical, and problem solving skills
• Excellent technical writing skills
• Experience with model implementation, testing and controls
• General knowledge of banking, finance and stress testing
• Demonstrated ability to work efficiently and both independently and collaboratively
• Strong project management skills
• Excellent written and verbal communication skills
• Experience with Essbase a plus
  
  
  

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

NOTE: This position is not eligible for current or future visa sponsorship.

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:

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.

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 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $86,360.00 - $101,600.00

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, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

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