Quantitative Model Analyst 2 - Loans Modeling

U.S. Bank•Charlotte, NC

7d•Hybrid

About The Position

Corporate Treasury is a division within the CFO group responsible for providing executive management with accurate, timely, and comprehensive forecasts of the balance sheet, net interest income (NII), and Non-Interest Income Revenue. The Asset & Liability Management Quantitative Finance group supports these efforts by developing quantitative models and methods that link the Bank’s balance sheet and Income Statement to the broader macroeconomic environment. This role involves building complex statistical models for the income statement, including estimating, validating, testing, documenting, implementing, and maintaining macroeconomic forecasting model frameworks. These models may cover a variety of bank products and related functions and are used in Treasury’s financial decision-making process. Deliverables include model development and/or validation documentation such as presentations, written reports, model or reporting code documentation, business requirements, monitoring reports, and related code and procedures. The role also involves communicating modeling approaches and results to stakeholders across the bank.

Requirements

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.
Thorough knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models.
Thorough knowledge of various model validation tests/methodologies.
Thorough data compilation, programming skills and qualitative analysis skills.
Thorough knowledge of the 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.

Nice To Haves

Using Python or similar statistical package.

Responsibilities

Estimating, validating, testing, documenting, implementing, and maintaining macroeconomic forecasting model frameworks.
Creating model development and/or validation documentation such as presentations, written reports, model or reporting code documentation, business requirements, monitoring reports and related code, and procedures.
Communicating modeling approaches and results to stakeholders across the bank.

Benefits

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
Incentive and recognition programs
Equity stock purchase
Pension