Model Risk Governance Framework and Reporting Manager

U.S. Bank

Model Risk Governance Manager at U.S. Bank enhancing model risk management program and compliance.

Posted 6/2/2026full-timeIrving • Minnesota, North Carolina, Texas • 🇺🇸 United StatesSeniorLead💰 $170,255 - $200,300 per yearWebsite

About the role

Key responsibilities & impact

Enhancing, implementing, and maintaining the model risk management program within the Bank
Ensuring overall compliance of the MRM program with regulatory guidance on model risk management, staying current with changes in regulatory expectations and leading industry practices
Providing training and communication of the expectations of the MRM program to stakeholders across the organization
Maintain and report on the MRM control inventory, execution, and evidence
Oversee reporting related to model risk and the MRM program for presentation to senior management and during risk management committees
Oversee the creation of accurate and professional reports, presentations and dashboards distributed to MRM senior leadership, managing committee and Board
Oversee the design and execution of process improvements that focus on report automation

Requirements

What you’ll need

Bachelor’s degree (MA/MS/PhD strongly preferred) and nine or more years of relevant experience
Five or more years of experience leading a quantitative modeling team
Extensive knowledge of various regression techniques, parametric and non-parametric algorithms, time series techniques, and other statistical models, various model validation tests/methodologies, using SAS or similar statistical package
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

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

quantitative modelingregression techniquesparametric algorithmsnon-parametric algorithmstime series techniquesstatistical modelsmodel validation testsdata compilationprogramming skillsqualitative analysis

Soft Skills

communicationleadershiptrainingorganizational skillspresentation skills

Certifications

Bachelor’s degreeMAMSPhD