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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. Telecommuting available from anywhere in US. HQ at 800 Nicollet Mall, Minneapolis, MN 55402.
Essential Responsibilities
The Quantitative Model Analyst creates, validates, tests, documents, implements, and oversees usage of complex statistical models and other quantitative methods. The department supports consumer finance products such as auto loans and leases. Quantitative methods are applied to application approval, pricing, financial (P&L) forecasting, and other analyses. Specific results focus on documenting the creation and testing of advanced quantitative methods and communicating such methods to stakeholders within the Bank. Deliverables include the creation of model development and validation documentation including presentations, written reports, model or reporting code documentation, business requirements, monitoring reports and related code, and procedures. Specific duties include (1) implement various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using SAS or similar statistical package (2) analyze real-world data and using quantitative methods to solve complex business problems and forecast future outcomes (3) manage the life cycle of models, including development, monitoring, documentation, and implementation (4) utilize data compilation, programming skills and qualitative analysis skills (5) implement knowledge of quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches (6) utilize understanding of applicable regulatory rules, guidance, or supervisory letters (7) design statistical models for retrospective and predictive analysis (8) socialize quantitative information with internal and external stakeholders (9) query and manipulation of data for analytical and modeling use utilizing SQL and (10) interpret data and analyze results using various techniques and tools in statistical and analytical software including SAS, R, Python, Excel, and Tableau.
Basic Qualifications
This position requires a Master's degree or equivalent in Business Analytics, or a related quantitative field and 1 year data analytics experience.
Required Skills/Experience
Must also have 12 months of experience with each of the following (1) designing statistical models for retrospective and predictive analysis (2) socialization of quantitative information with internal and external stakeholders (3) query and manipulation of data for analytical and modeling use utilizing SQL (4) interpreting data and analyzing results using various techniques and tools in statistical and analytical software including SAS, R, Python, Excel, and Tableau and (5) researching and building a detailed understanding of a business problem and related data sets in order to process data appropriately and conduct analysis (light to medium development coding required). Will accept experience gained before, during or after Master's program. Telecommuting available from anywhere in US. HQ at 800 Nicollet Mall, Minneapolis, MN 55402.
Base pay range may vary if an offer is made for work in a different location. Pay Range
$71,053 - $
150,500
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