Quantitative Model 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 is seeking the position of Quantitative Model Analyst (multiple positions) in Minneapolis, MN. Essential Responsibilities: Assist in the development of mathematical or statistical theory and machine learning models to collect, organize, interpret, summarize, and estimate numerical data to provide usable information. Create model development and/or validation documentation. Present the results of modeling and data analysis. Perform inaugural validations of models. Support the periodical engagement with regulators and internal audit to discuss justification and reasoning behind validation findings. Support the validation completed by vendors and offshore team, as needed. Support the enhancement of model validation procedures, testing processes and report template. Basic Qualifications: Master’s degree or foreign equivalent degree in Statistics, Mathematics, Engineering/Physics, Analytics/Data Science, Finance, MBA, or closely related field plus 12 months of commercial or academic experience with statistical modeling. Required Skills/Experience: Must have at least 12 months of commercial or academic experience with at least three of the following skills/tools: Hadoop, Informatica, machine learning algorithms, MATLAB, Python, R, SAS, SQL, Tableau, VBA. Telecommuting available anywhere in US. HQ at 800 Nicollet Mall, Minneapolis, MN 55402. Base pay range may vary if an offer is made for work in a different location. Pay Range: $58,614 - $116,900. 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. 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). 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 : $58,614 - $116,900