What are the responsibilities and job description for the Quantitative Model Validation Analyst position at U.S. Bank?
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
Validates, tests, and documents usage of complex statistical models by reviewing & evaluating a model’s conceptual soundness, performance, implementation, and ongoing monitoring. The models may cover a variety of products or services; however, all models are used as part of the financial decision-making process. Specific results focus on documenting the validation and testing of advanced statistical models and communicating results to stakeholders within the Bank. Deliverables include the creation of model validation documentation such as : formal write-up of results / recommendations / conclusions within the validation report, presentations to model stakeholders and management, other written reports (ad hoc), model code / documentation, monitoring reports and related code, and procedures.
Basic Qualifications
- Bachelor’s degree in a quantitative field, and five or more years of relevant experience
- MA / MS in a quantitative field, and three or more years of related experience
- PhD in a quantitative field, and less than two years of related experience
Preferred Skills / Experience
NOTE : This 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.
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) :
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 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 : $105,400.00 - $124,000.00 - $136,400.00
J-18808-Ljbffr
Salary : $105,400 - $124,000
