Quantitative Model Analyst
U.S. Bank
full-time
Posted on:
Location Type: Hybrid
Location: Minneapolis • Arizona • California • United States
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Salary
💰 $119,765 - $140,900 per year
About the role
- Validates, tests, and documents usage of complex statistical models.
- The models may cover a variety of products or services; however, all models are used as part of the financial decision-making process.
- Specific results focus on documenting the validation and/or testing of advanced statistical models and communicating the results to stakeholders within the Bank.
- Deliverables include creation of model validation documentation such as: formal written reports, summary presentations, model or reporting code documentation, procedures, or other ad hoc reporting/documentation.
Requirements
- Bachelor’s degree in a quantitative field, and eight or more years of relevant experience OR
- MA/MS in a quantitative field, and five or more years of related experience OR
- PhD in a quantitative field, and four or more years of related experience
- Advanced knowledge of 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
- 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.
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
statistical modelsregression techniquesparametric algorithmsnon-parametric algorithmstime series techniquesmodel validation testsSASdata compilationprogramming skillsqualitative analysis
Soft Skills
analytical skillsorganizational skillsproblem-solving skillsnegotiation skillsproject management skillsindependenceteamworkleadership skillsinterpersonal skillsverbal communication