Quantitative Model Analyst

About the position

The Quantitative Model Analyst at U.S. Bank is responsible for creating, validating, testing, documenting, and implementing complex statistical models that support financial decision-making processes. This role involves communicating model results to stakeholders and producing various documentation deliverables, including reports and code documentation. The position requires a strong analytical background and the ability to manage multiple tasks effectively.

Responsibilities

• Create and validate complex statistical models for financial decision-making.
• Test and document statistical models and their usage.
• Communicate model results and methodologies to stakeholders within the Bank.
• Develop model documentation including presentations, reports, and business requirements.
• Monitor model performance and produce related reports.

Requirements

• Bachelor's degree in a quantitative field and three or more years of relevant experience, or MA/MS in a quantitative field with less than three years of related experience.
• Basic knowledge of regression techniques and statistical models.
• Experience with Python, SAS, or similar statistical packages.
• Strong analytical, organizational, and problem-solving skills.
• Effective verbal and written communication skills.

Nice-to-haves

• Knowledge of quantitative and qualitative risk factors and risk management approaches.
• Familiarity with regulatory rules and guidance related to financial modeling.
• Ability to manage multiple tasks across various timelines.

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