Senior Retail Credit Model Developer

U.S. Bank

Leads credit model development at U.S. Bank for various consumer credit products.

Posted 4/30/2026full-timeNew York City • Minnesota, Montana, New York, North Carolina, Ohio • 🇺🇸 United StatesSenior💰 $148,495 - $174,700 per yearWebsite

About the role

Key responsibilities & impact

Leads credit model development to create, validate, test, document, implement, and/or oversee usage of complex statistical models.
The models will cover a variety of consumer credit products.
Specific results focus on the creation and/or testing of advanced statistical models and communicating such models to stakeholders within the Bank.
Responsible for oversight of key development deliverables including 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.
The role is highly technical and requires significant interaction with regulators (OCC and FRB) along with the ability to explain complex items in a straightforward manner.

Requirements

What you’ll need

Bachelor’s degree in a quantitative field, and 10 or more years of relevant experience OR
MA/MS in a quantitative field, and six or more years of related experience OR
PhD in a quantitative field, and five or more years of related experience
Extensive knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical and machine learning models, various model validation tests/methodologies, using statistical packages
Advanced 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
Thorough knowledge of applicable regulatory rules, guidance, or supervisory letters
In depth knowledge of Bank products and services
Demonstrated independence, teamwork and leadership skills
Strong analytical, organizational, problem-solving, negotiation, and project management skills
Excellent interpersonal, verbal and written communication skills.

Benefits

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

statistical modelsregression techniquesparametric algorithmsnon-parametric algorithmstime series techniquesmachine learning modelsmodel validation testsdata compilationprogramming skillsqualitative analysis

Soft Skills

independenceteamworkleadershipanalytical skillsorganizational skillsproblem-solving skillsnegotiation skillsproject management skillsinterpersonal skillscommunication skills