Quantitative Model Analyst - Charlotte, NC or Minneapolis, MN

U.S. Bank Quantitative Analyst

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.

Corporate Treasury is a division within the CFO group where part of their responsibility is to provide executive management with accurate, timely, and comprehensive forecasts of the balance sheet and net interest income (NII). Another critical Treasury function is the measurement and analysis of Interest Rate Risk (IRR). This information provides the framework for the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates. Corporate Treasury's Asset & Liability Management Quantitative Finance group supports these efforts by developing quantitative models and methods that link the Bank's balance sheet to the broader macroeconomic environment.

Our team is seeking a strong, decisive, results-oriented quantitative analyst who will be responsible for building complex statistical models for our loans portfolio. The model-building process is holistic, and will include estimating, validating, testing, documenting, implementing, and maintaining macroeconomic forecasting model frameworks. These models may cover a variety of bank products and related functions. All models are used as part of Treasury's financial decision-making process. Deliverables include the creation of model development and/or validation documentation such as: presentations, written reports, model or reporting code documentation, business requirements, monitoring reports and related code, and procedures.

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

• Basic knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using Python or similar statistical package
• Basic data compilation, programming skills and qualitative analysis skills
• Basic knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
• Basic knowledge of applicable regulatory rules, guidance, or supervisory letters
• Ability to manage multiple tasks across various timelines
• Strong analytical, organizational, problem-solving, negotiation, and project management skills
• Effective interpersonal, verbal and written communication skills

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.

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.

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 unless otherwise provided by 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 KNOW YOUR RIGHTS EEO poster.

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.