Forecast Cashflow Engine 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.

Job Description

The Asset Liability Management (ALM) team within Corporate Treasury is seeking an experienced treasury professional to oversee the configuration and maintenance of the bank's cashflow forecasting engine (QRM) for net interest income forecasting, interest rate risk, and stress testing use cases. The role will focus on four key areas of the framework including:

Proprietary model implementation in QRM Framework performance and capabilities optimization Governance and risk management Business as usual framework forecasting execution

This position will partner closely with the Balance Sheet Forecast, Interest Rate Risk Management, and Quantitative Finance (QF) teams to ensure flawless and efficient execution within QRM in support of core reporting and management deliverables.

Primary Responsibilities

• Implement proprietary behavioral balance sheet models developed by the Quantitative Finance team within the QRM framework in support of interest rate risk, capital stress testing (CCAR), and strategic planning exercises

• Collaborate with model developers during the model development process to ensure model architectures can be implemented in QRM

• Ensure balance sheet product features and assumptions are accurately implemented in QRM to produce necessary cash flow projections

• Actively seek opportunities for continuous improvement

• Maintain and support a robust governance and control framework

Requirements

• 3 years working with QRM or equivalent software for asset liability management

• Bachelors degree in finance or other analytical / quantitative fields

• Excellent verbal and written communication skills

• Detailed understanding of loan and deposit products across retail and wholesale customer segments

• Strong understanding of the mortgage markets

• Thorough understanding of asset liability management and interest rate risk concepts (e.g., net interest income forecasting, earnings at risk, and market value of equity)

• Experience collaborating & working with a mature model development function

• Foundational understanding of different arbitrage-free yield curve modeling approaches

• Strong attention to detail with the ability to work independently and with a team

Preferred Skills/Experience

• Strong technical skills, particularly with tools such as SQL, Excel, and Tableau

• Innovative and motivated self-starter that demonstrates intellectual curiosity

• Experience working with C DLLs within the QRM framework

• Programming capacity in Python, MATLAB and/or R

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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. That's 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.

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98,175.00 - $115,500.00 - $127,050.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.