Quantitative Model Analyst

Quantitative Model Analyst 2

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.

NOTE:

This position is not eligible for current or future visa sponsorship.

This position will report to the Enterprise Financial Crimes Compliance Financial Intelligence Unit Monitoring Management & Development team. The candidate will develop, validate, test, document, and implement complex statistical models used to monitor suspicious activity within U.S. Bank customer accounts.

The candidate will both take ownership of existing models and support the development of new models designed to identify anomalous transaction activity by Bank customers that is indicative of potential illicit activity. The candidate will receive direction from their manager and other senior analysts, while also working independently on their designated subject matter.

Key responsibilities include creating/developing models, creating/reviewing model documentation, conducting periodic performance assessments, tuning/calibration and ensuring models meet regulatory expectations and internal risk standards.

The position also requires clear communication of model performance, limitations, and findings to stakeholders across compliance, risk, and technology teams. The candidate must have excellent communication skills and be able to tailor communications to multiple target audience with the appropriate level of technical detail for each.

• Model development artifacts
• Model performance assessments
• Documentation of model implementation and monitoring procedures
• Business requirements for model integration
• Ongoing monitoring reports and related code
• Presentations and written summaries for internal and regulatory audiences

• 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

• Experience with internally developed and/or vendor-provided models for transaction monitoring or financial crime detection
• Advanced knowledge of statistical modeling techniques and validation methodologies
• Strong programming skills in SAS, Python, SQL, or similar
• Understanding of AML regulations
• Ability to interpret and communicate complex model behavior to non-technical stakeholders
• Strong organizational, analytical, and project management skills
• Demonstrated ability to work independently and collaboratively across teams

LOCATION EXPECTATIONS:
This role requires working from a U.S. Bank Location three (3) or more days per week.

We will provide accommodations for disabilities during any portion of the application or hiring process. Please refer to our disability accommodations for applicants.

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,…