Lead Analyst, Proposal Support
The Cigna Group
Quantitative Model Validation Analyst III
U.S. Bank
full-time
Posted on:
Location Type: Hybrid
Location: Chicago • California, Illinois, Minnesota, New York, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $111,095 - $130,700 per year
Job Level
Mid-LevelSenior
Tech Stack
Python
About the role
- Validate and oversee creation and usage of complex financial risk management models
- Work on models covering mortgages, capital markets and wealth management areas
- Collaborate with multiple business lines and Model Risk Management through model development cycle
- Perform data analysis, testing, documentation verification, benchmarking and monitoring
- Create and code challenger models and perform implementation testing and verification
- Produce written validation reports identifying risk concerns and present outcomes to stakeholders
- Provide monitoring and ongoing model oversight
- Support technical skills development within the team
Requirements
- Bachelor’s degree in a quantitative field and five or more years of relevant experience
- MA/MS in a quantitative field and three or more years of related experience
- PhD in a quantitative field and less than two years of related experience
- Knowledge of fixed income and derivative valuation
- Knowledge of regression techniques, parametric and non-parametric algorithms, time series techniques and a broad range of statistical models
- Experience with model validation tests/methodologies and benchmarking
- Proficiency with Python, R, SAS or similar statistical packages
- Data compilation and programming skills
- Qualitative analysis skills
- Knowledge of quantitative and qualitative risk factors, industry and competition risks, and risk management approaches
- Ability to manage multiple tasks across timelines and strong project management skills
- Strong analytical, organizational, problem-solving, negotiation skills
- Demonstrated independence, teamwork and leadership
- Effective interpersonal, verbal and written communication skills
- Ability to comply with U.S. Bank policies; subject to background checks and possibly FINRA, NMLS, Reg Z, OFAC and other regulatory requirements
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 (1 hour per 30 worked, up to 80 hours per calendar year)
- Hybrid/flexible schedule (in-office expectation of 3 or more days per week)
- Incentive and recognition programs
- Equity stock purchase
- Pension
- Encouraged technical skills development and professional growth
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial risk management modelsmortgagescapital marketswealth managementdata analysismodel validation testsregression techniquesstatistical modelsPythonR
Soft skills
project managementanalytical skillsorganizational skillsproblem-solving skillsnegotiation skillsindependenceteamworkleadershipinterpersonal skillscommunication skills
