2024 Quantitative Modeling Rotational Program

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 Our quants team What you’ll do Quantitative Modeling is a dynamic and thriving field that solves real-world problems through model research, development and validation. Our Quantitative Modeling Development Program will provide you with accelerated learning and skill development through a mix of formal training, mentorship, a community of peers and advisors, throughout three ten-month rotations to meet the demands of today and tomorrow. As a Quantitative Modeling Rotation Program Analyst, you will: Get hands-on experience with project work creating, implementing, testing, documenting, and using models Model validation tests/methodologies Participate in extra-curricular activities related to quantitative subjects Develop technical and business acumen through training, mentorship, and exposure to senior executives Build a supportive community of peers through a variety of cohort strengthening activities such as social events, volunteer days, and development workshops Who we’re looking for Are you interested in solving complex problems in the financial industry? If you are a mathematical, statistical, or quantitative pro who’s curious about applying your skills outside of academia the Quantitative Modeling Rotation Program might be right for you! Basic qualifications Master’s or PhD degree in Statistics, Mathematics, Physics, Engineering, Financial Engineering/Mathematics, Economics, or other highly quantitative degrees Basic understanding of modeling and validation techniques in varying functions Ability to start development program on June 24, 2024 Preferred qualifications Strong written and verbal communication skills Ability to think and work independently within a professional setting Strong analytical, problem solving and critical thinking skills Highly organized and motivated; ability to manage and prioritize multiple tasks and deadlines simultaneously Strong Programming skills such as C , Python, R etc. Data compilation, programming skills and qualitative analysis skills Statistical modeling background based on technical training or advanced education in a quantitative field such as Derivatives Pricing, Probability, Stochastic Calculus, Regressions, Machine learning etc. Knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies Working model and hours: This role is hybrid. Team members who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working days. Rotational program members work approximately 40-hours each week in this fulltime role. The application process If you are interested in applying and learning more, click on the Apply Now icon to submit your application. Most applications will be closed on September 29, 2023. 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: 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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster. 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 E-Verify program. 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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,480.00 - $108,800.00 - $119,680.00 Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.

Salary : $92,480 - $108,800