Model Validation Director - Consumer

Model Validation Director - Consumer and Payments
* We only use cookies that are strictly necessary to allow operation of our website.*### Model Validation Director - Consumer and Payments Apply:
New York, NY:
Minneapolis, MN:
Charlotte, NC:
Full time:
Posted Today:
End Date:
December 31, 2026 (30+ days left to apply):
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 is seeking an experienced Model Validation Director for Consumer and Payments within Risk Management and Compliance. This executive will lead independent model risk oversight and validation and serve as a senior MRM partner to model developers and business leaders. The role requires deep understanding of Consumer and Payments businesses, leading modeling practices, and emerging analytical techniques to provide effective challenge and support responsible innovation.
** Essential Functions
*** Leads a highly skilled quantitative team responsible for independent validation and model risk oversight across Consumer and Payments, including credit decisioning, pricing, account management, marketing, payments, collections and other customer decision models.
* Provides independent challenge of model design, methodology, data, implementation, performance, monitoring and business use, applying benchmarking, back-testing, sensitivity analysis and challenger approaches.
* Maintains strong knowledge of leading modeling practices and emerging techniques, including machine learning and AI, to effectively challenge model development and modernization.
* Develops a strong understanding of business strategies, customer decisions and model applications to assess both technical model risk and potential business impact.
* Provides MRM perspective on internal, vendor and hybrid modeling approaches, including methodology, data, model transparency, performance and ongoing monitoring. Partners effectively with model developers, model owners, business leaders, Data and Technology, while maintaining clear second-line independence and effective challenge.
* Identifies broader themes and opportunities to strengthen model quality, development practices, monitoring and lifecycle management across the portfolio.
* Communicates model risks, limitations and validation conclusions clearly to senior management, regulators and Internal Audit.
* Builds and develops strong quantitative talent with relevant Consumer, Payments and advanced analytics expertise.
** Preferred Skills / Qualifications
*** Advanced quantitative degree and 10+ years of relevant modeling/model risk experience, with significant leadership experience.
* Deep experience in Consumer and/or Payments modeling, preferably across multiple areas such as underwriting, credit scoring, pricing, marketing/customer analytics, account management, collections or payments.
* Strong knowledge of statistical modeling, machine learning, AI and model performance assessment, with proficiency in Python, SAS, R and/or SQL.
* Demonstrated experience developing and/or validating sophisticated models and evaluating internally developed and third-party models.
* Strong understanding of data, model implementation, monitoring and model lifecycle practices.
* Ability to connect complex quantitative issues to business…