At U.S. Bank, we're seeking a Quantitative Model Analyst to create and validate complex statistical models for financial decision-making processes. The successful candidate will have a Bachelor's degree in Statistics or Quantitative Finance and 5 years of experience in the investment banking and financial services industry.
Requirements
- Create, validate, test, document, implement, and/or oversee the usage of complex statistical models for financial decision-making processes.
- Document creation and/or testing of advanced statistical models and communicate models to stakeholders within the Bank.
- Develop and implement a comprehensive Stress Test framework for the counterparty derivative portfolio.
- Design new stress scenarios (Parametric, Historical, and Forward-Looking) for stress testing exercises by conducting thorough analysis of macroeconomic, financial, and industry-specific factors.
- Monitor and analyze counterparty exposure movements on an ongoing basis, tracking changes in credit risk and financial exposure levels.
- Perform detailed driver analysis to identify the underlying factors contributing to fluctuations.
- Generate comprehensive reports and actionable insights to support informed risk management decisions.
- Design and implement a methodology overlay to provide a tactical solution for model limitations, enhancing accuracy and effectiveness.
- Develop and create innovative analytical models and comprehensive reporting tools to meet evolving business needs.
- Develop, implement, and maintain automated reporting and analysis tools using various software and programming languages to improve accuracy, reduce manual effort, and increase productivity.
- Collaborate with cross-functional teams to identify reporting needs, design tailored solutions, and integrate automated workflows that streamline data collection, processing, and visualization.
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
