Quantitative Model Analyst 2 - Loans Modeling

U.S. Bank•Minneapolis, MN

5d•$86,360 - $101,600•Hybrid

About The Position

U.S. Bank’s Corporate Treasury Quantitative Finance group is seeking a quantitative analyst to build complex statistical models for pre-provision net revenue (PPNR) forecasting. The role supports Corporate Treasury, which provides executive management with forecasts of the balance sheet, net interest income, and non-interest income revenue. The group develops quantitative models and methods linking the Bank’s balance sheet and income statement to the broader macroeconomic environment, covering bank products and related functions and supporting Treasury financial decision-making. The model-building process includes estimating, validating, testing, documenting, implementing, and maintaining macroeconomic forecasting model frameworks. Deliverables include model development and/or validation documentation, presentations, written reports, code documentation, business requirements, monitoring reports and related code, and procedures. The analyst also communicates modeling approaches and results to stakeholders across the bank. This role requires working from a U.S. Bank location three or more days per week.

Requirements

Bachelor’s degree in a quantitative field and three or more years of relevant experience, or a master’s degree in a quantitative field and less than three years of related experience.
Thorough knowledge of regression techniques, parametric and non-parametric algorithms, time series techniques, other statistical models, and model validation tests and methodologies, using Python or a similar statistical package.
Thorough data compilation, programming, and qualitative analysis skills.
Thorough knowledge of quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches.
Advanced understanding of applicable regulatory rules, guidance, or supervisory letters.
Ability to manage multiple tasks across various timelines.
Strong analytical, organizational, problem-solving, negotiation, and project management skills.
Demonstrated independence, teamwork, and leadership skills.
Effective interpersonal, verbal, and written communication skills.
Ability to work from a U.S. Bank location three or more days per week.

Responsibilities

Build complex statistical models for PPNR forecasting in Corporate Treasury Quantitative Finance.
Estimate, validate, test, document, implement, and maintain macroeconomic forecasting model frameworks.
Create model development and/or validation documentation, including presentations, written reports, model or reporting code documentation, business requirements, monitoring reports and related code, and procedures.
Communicate modeling approaches and results to stakeholders across the bank.