Quantitative Model Analyst

$92,820 - $109,200/Yr

US Bank - Minneapolis, MN

Full-time - Mid Level

Minneapolis, MN

Credit Intermediation and Related Activities

About the position

The Quantitative Model Analyst at U.S. Bank is responsible for creating, validating, testing, documenting, and overseeing the usage of complex statistical models that support financial decision-making processes. This role involves collaborating with stakeholders to communicate model results and ensuring compliance with regulatory standards. The analyst will produce various documentation deliverables, including presentations, reports, and code documentation, while managing multiple tasks across different timelines.

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, written reports, and business requirements.
• Monitor and report on model performance and compliance with regulatory standards.

Requirements

• Bachelor's degree in a quantitative field and three or more years of relevant experience, or a Master's degree in a quantitative field with less than three years of experience.
• Proficiency in SAS and Python for statistical analysis.
• Strong analytical and problem-solving skills.
• Effective communication skills, both verbal and written.
• Project management experience.

Nice-to-haves

• Basic knowledge of regression techniques and statistical models.
• Familiarity with qualitative and quantitative risk factors.
• Understanding of regulatory rules and guidance related to financial modeling.
• Ability to manage multiple tasks and timelines.

Benefits

• Paid holidays
• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Adoption assistance
• Parental leave
• Vision insurance
• 401(k) matching
• Flexible schedule
• Life insurance