Quantitative Model Analyst (Multiple openings) in Seven Hills, OH
U.S. Bank
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
Job Description
U.S. Bank is seeking a full-time Quantitative Model Analyst (Multiple openings) in Seven Hills, OH.
The Quantitative Model Analyst creates, validates, tests, documents, implements, and oversees usage of complex statistical models and other quantitative methods. The department supports consumer finance products such as auto loans and leases. Quantitative methods are applied to application approval, pricing, financial (P&L) forecasting, and other analyses. Specific results focus on documenting the creation and testing of advanced quantitative methods and communicating such methods to stakeholders within the Bank. Deliverables include the creation of model development and validation documentation including: presentations, written reports, model or reporting code documentation, business requirements, monitoring reports and related code, and procedures.
Specific duties include: (1) implement various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using SAS or similar statistical package; (2) analyze real-world data and using quantitative methods to solve complex business problems and forecast future outcomes; (3) manage the life cycle of models, including development, monitoring, documentation, and implementation; (4) utilize data compilation, programming skills and qualitative analysis skills; (5) implement knowledge of quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches; (6) utilize understanding of applicable regulatory rules, guidance, or supervisory letters; (7) design statistical models for retrospective and predictive analysis; (8) socialize quantitative information with internal and external stakeholders; (9) query and manipulation of data for analytical and modeling use utilizing SQL; and (10) interpret data and analyze results using various techniques and tools in statistical and analytical software including SAS, R, Python, Excel, and Tableau.
Basic Qualifications:
This position requires a Master’s degree or equivalent in Business Analytics, or a related quantitative field and 1 year data analytics experience.
Required Skills/Experience:
Must also have 12 months of experience with each of the following: (1) designing statistical models for retrospective and predictive analysis; (2) socialization of quantitative information with internal and external stakeholders; (3) query and manipulation of data for analytical and modeling use utilizing SQL; (4) interpreting data and analyzing results using various techniques and tools in statistical and analytical software including SAS, R, Python, Excel, and Tableau; and (5) researching and building a detailed understanding of a business problem and related data sets in order to process data appropriately and conduct analysis (light to medium development coding required). Will accept experience gained before, during or after Master’s program.
Base pay range may vary if an offer is made for work in a different location. Pay Range: $68,016 - $144,400 (#LI-NDI #LI-DNI #LI-DNP #DE-DNP).
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.
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
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
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, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements).U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.