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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
U.S. Bank
is seeking the position of
Quantitative Model Analyst
(multiple positions)
in
Charlotte
,
NC
.
Essential Responsibilities
The Quantitative Model Analyst is responsible for creating, validating, testing, documenting, implementing, and overseeing usage of complex statistical credit risk models as well as reviewing model monitoring reports.
This position uses statistical models as part of the financial
decision making
process, which may cover a variety of products or services.
Specific duties include (1) creation and testing of advanced statistical models, and communicate such models to stakeholders within the Bank (2) create model development and validate documentation including presentations, written reports, model or reporting code documentation, business requirements, monitoring reports and related code, and procedures (3) utilize banking industry experience with knowledge of both commercial and consumer product (4) PD, Prepayment, and LGD modeling for credit risk under CECL and CCAR requirements (5) commercial scorecard development and maintenance and consumer scorecard development and maintenance (6) comprehensive Capital Analysis Review (CCAR), Current Expected Credit Losses (CECL), Dodd-Frank Act Stress Testing (DFAST) and Basel Regulatory Capital Framework (7) CECL implementation platform such as EVOLV (8) utilize programming experience in SAS, SQL, Python, and R (9) validate, test, and oversee usage of complex statistical models including PD, LGD, and EAD for credit losses (10) document the testing of advanced statistical models and communicate findings to stakeholders and (11) Business Intelligence and Analytics Software such as Tableau.
Basic Qualifications
This position requires a
Master's
degree or equivalent in Economics, or Statistics and three (3) years of banking industry experience with knowledge of both commercial and consumer
product.
Required Skills/Experience
Must also have
24 months
of experience with each of the following (1) PD, Prepayment, and LGD modeling for credit risk under CECL and CCAR requirements (2) commercial
scorecard development and maintenance and consumer scorecard development and maintenance (3) comprehensive Capital Analysis Review (CCAR), Current Expected Credit Losses
(CECL), Dodd-Frank Act Stress Testing (DFAST) and Basel Regulatory Capital Framework (4) CECL implementation platform such as EVOLV (5) programming experience in SAS, SQL,
Python, and R and (6) business Intelligence and Analytics Software such as Tableau. Will accept experience gained before, during or after
Master's
program.
Employer
will accept
experience gained concurrently.
$
Base pay range may vary if an offer is made for work in a different location. Pay Range $74,277
-
159,400
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. Thats 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 (some may vary based on role, location or hours)
- 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
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal
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