U.S. Bank

Quantitative Model Analyst

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Hopkins • Minnesota • Montana • United States

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Salary

💰 $81,515 - $95,900 per year

About the role

  • Support initiatives in the area of the valuation and modeling of Mortgage Servicing Rights (MSRs)
  • Contribute toward mortgage and valuation analytics, including model/assumption development, documentation, and monitoring
  • Specific areas of focus may include the modeling of: mortgage prepayments, mortgage delinquencies and foreclosures, interest rate modeling, term structure and stochastic valuation modeling
  • Work is performed independently following training

Requirements

  • Bachelor’s degree in a quantitative field, and less than two years of relevant experience
  • Basic knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models
  • Basic data compilation, programming skills and qualitative analysis skills
  • Basic knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
  • Basic knowledge 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
  • Effective interpersonal, verbal and written communication skills
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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
mortgage servicing rightsvaluation modelingregression techniquesparametric algorithmsnon-parametric algorithmstime series techniquesstatistical modelsdata compilationqualitative analysisrisk management
Soft Skills
analytical skillsorganizational skillsproblem-solving skillsnegotiation skillsproject management skillsinterpersonal skillsverbal communication skillswritten communication skills
Certifications
Bachelor’s degree in quantitative field