Senior Model Validation Analyst – Compliance & Financial Crimes (AML, Sanctions and Fair Lending)

U.S. Bancorp
Minneapolis, Charlotte, San Francisco, New York
Workplace: OnsiteFull timeUSD 119,765 - 140,900Function: Legal, Risk & ComplianceExperience: 8+ yearsEducation: bachelorsSkills: ["Self-motivated","Communication","Stakeholder relationship building","Analytical thinking","Independent work"]

Validate and challenge impactful models within the Bank’s Model Risk Management program supporting Compliance and Financial Crimes. Partner with model owners and developers to assess conceptual frameworks, data integrity, implementation, governance, and ongoing performance for areas including AML, OFAC/economic sanctions, cybersecurity, and fair lending. Produce reporting, present findings to stakeholders and regulators/auditors when needed, and track corrective actions through remediation based on validation outcomes.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
2 months ago

Senior Model Validation Analyst – Compliance & Financial Crimes (AML, Sanctions and Fair Lending)

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Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 27 days agoStatus: Live

Job Summary

Validate and challenge impactful models within the Bank’s Model Risk Management program supporting Compliance and Financial Crimes. Partner with model owners and developers to assess conceptual frameworks, data integrity, implementation, governance, and ongoing performance for areas including AML, OFAC/economic sanctions, cybersecurity, and fair lending. Produce reporting, present findings to stakeholders and regulators/auditors when needed, and track corrective actions through remediation based on validation outcomes.
Location: Minneapolis, Charlotte, San Francisco, New York
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Independently challenge model conceptual framework and methodology, including data integrity/usage and implementation framework.
  • •Assess process/governance and ongoing model performance and identify material concerns or weaknesses.
  • •Generate and present validation reporting to model owners and developers for consideration.
  • •Track validation items requiring corrective actions through remediation with model risk owners.
  • •Interface with stakeholders, regulators, and internal auditors to discuss justification and reasoning behind validation outcomes.

Pay and Benefits

Salary: USD 119,765 - 140,900
Perks:Health InsuranceDentalVisionLife InsuranceDisabilityParental Leave401kPaid LeavePaid HolidaysAdoption Assistance

Key Requirements

  • •Bachelor’s degree in a quantitative field with at least 8 years of relevant experience, or an MA/MS with 5+ years, or a PhD with 4+ years.
  • •Strong mathematical and statistical modeling or model validation experience.
  • •Advanced understanding of applicable compliance laws, regulations, financial services, and regulatory trends affecting the assigned line of business.
  • •Prior exposure to validating or developing models across BSA/AML, cybersecurity, fair lending, and economic sanctions.
  • •Ability to independently design and perform analytical tests and generate reporting that clearly articulates validation considerations and outcomes.
Experience:8+ yearsFinancial servicesComplianceAMLEconomic sanctionsMachine learning
Education:Bachelor's in quantitative field
Skills:Self-motivatedCommunicationStakeholder relationship buildingAnalytical thinkingIndependent work
Tech Stack:Machine learningNLPLinear regressionLogistic regressionRandom forestGradient boostingEnsemble techniques

Company Brief

U.S. Bancorp
U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Minneapolis, United States
Founded: 1863
Glassdoor
Glassdoor: 3.8
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