Quantitative Modelling 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

U.S. Bank's Credit Risk Administration (CRA) group is seeking

x 3 Senior and x 3 Mid-level quantitative analysts / data scientists

with programming, data management, and quantitative skills to join our

model implementation, production, and monitoring team

About the CRA Team

We are a highly dynamic and talented team which delivers on our mission through four pillars: Customer, Process, Talent, and Data.  

Vision | We create the future of credit risk management through data, analytics, and risk process innovation for our customers.

Mission | We deliver data-driven information solutions to protect our stakeholders and inform the most significant financial decisions in the bank. 

Values | We prioritize collaboration, integrity, simplicity, and continuous learning.

About the Role

In this role, you will develop, document, and execute processes to monitor the performance and stability of predictive models used in Credit Risk Management. You'll also collaborate with model developers to support new model development initiatives.

The ideal candidate has strong programming and analytical skills, enjoys solving technical problems, and thrives in a collaborative environment.

Key Activities

• Develop and optimize code and processes for model performance monitoring and reporting.

• Analyze model metrics (e.g., accuracy, stability), identify issues, and recommend improvements.

• Conduct tests, interpret results, and present findings through reports and dashboards.

• Collaborate with development and implementation teams to align data and execution logic.

• Automate data capture, testing, documentation, and visualization workflows.

• Create documentation and playbooks to ensure process consistency and knowledge sharing.

• Support new model development projects in partnership with the model development team.

• Explore ML/AI techniques to enhance process efficiency.

Basic Qualifications

• 3 or more years of experience in a data analytics, software development, or related roles.

• Bachelor's Degree or higher in a quantitative/technical field such as statistics, mathematics, computer science, data science, or engineering.

• Programming experience in Python (preferred) or similar statistical software (e.g. R, SAS)

• Proficiency in developing and optimizing SQL queries.

• Strong analytical, organizational, problem-solving, and project management skills.

• Effective interpersonal, verbal, and written communication skills.

Preferred Skills

• Experience in financial services, banking, and/or credit risk.

• Data visualization dashboard technologies such as Power BI.

• Experience with cloud-based tools and infrastructure (Azure or AWS).

• Familiarity with automation using scripting tools (e.g. Bash) and low-code platforms (Microsoft Power Automate / Power Apps).

• Experience with quantitative model development and/or validation.

• Exposure to machine learning concepts and their application in financial services.

• Understanding of version control systems like Git.

Location

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 remotely for the other days.

This role is not open for visa sponsorship.

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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, 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: zł171 020,00 - zł201 200,00

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.

Posting may be closed earlier due to high volume of applicants.

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