US Bank Business Risk Professional Quantitative Analyst 

United States, Ohio, Cincinnati 

422798602

Essential Responsibilities:

The Business Risk Professional Quantitative Analyst will create, validate, test, document, implement, and/or oversee usage of complex statistical models and other quantitative methods; support the department assisting in consumer finance products such as auto loans and leases; document the creation and/or testing of advanced quantitative methods and communicate such methods to stakeholders within the Bank. Deliverables will include the creation of 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; develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information; aggregate and create data from different databases to facilitate statistical/econometric analysis for development or validation. Utilize credit risk data, including credit attributes and other application risk factors, to perform analysis and modeling. Develop code in various software and platforms- including SAS, Python, AWS, and Excel- to process, organize, analyze, visualize, and summarize data. Produce work in accordance with internal and external regulations, guidance, policies, and processes, including but not limited to model risk, fair and responsible banking, and privacy and security. Position may allow working from home within commuting distance of worksite location. Multiple positions.

Basic Qualifications:

Requires a Master’s degree in Industrial Engineering and Management plus 2 years of experience as a Quantitative Modeling Analyst or related. Will accept a Bachelor’s degree in Industrial Engineering and Management plus 5 years of experience as a Quantitative Modeling Analyst or related in lieu of a Master’s degree plus 2 years of experience.

Required Skills/Experience:

Must possess 2 years of experience with a Master’s or 5 years of experience with Bachelor’s with the following: (a) applying quantitative methods to accept/reject application approval scorecards, pricing, loss forecasting, and other analyses; (b) performing validation and testing of models; (c) performing ad hoc analysis used for statistical/econometric analysis; (d) creating model development and/or validation documentation; (e) presenting results of modeling and data analysis to senior and executive management; and (f) utilizing the following specialized tools, technologies, and/or processes: statistical software (e.g., SAS, R, Python); data manipulation or database query software (e.g., SQL); Excel functions, formulas, and charts/visualizations; statistical model development, documentation, and performance measurement; statistical modeling methods (e.g., linear regression, logistic regression, survival analysis); Business Risk competencies; and process facilitation and project management. Experience may be gained concurrently. Position may allow working from home within commuting distance of worksite location.Pay Range: $82,430- $

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 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 .

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.

U.S. Bank accepts applications for this position on an ongoing basis.