Quantitative Modeling Analyst - AML

U.S. Bancorp
Charlotte, Chicago, Minneapolis
Workplace: OnsiteFull timeUSD 111,605 - 131,300 annuallyFunction: Capital Markets, Trading & QuantExperience: 8+ yearsEducation: bachelorsSkills: ["Communication","Analytical thinking","Problem solving","Self-driven","Time management"]

Serve as an individual contributor in Enterprise Financial Crime Compliance, supporting AML Transaction Monitoring models through monitoring, testing, analytical reviews, and governance. Investigate changes in alert volumes, customer populations, and transaction patterns; perform below-the-line threshold and sampling reviews; and conduct code reviews to ensure model logic aligns with documented intent. Collaborate with model owners, Model Risk Management, and auditors to assess emerging risks and recommend continuous improvements across the enterprise.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
2 days ago

Quantitative Modeling Analyst - AML

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Source: Company careers pageValidated by: Fursa AI
Last checked: 4 hours agoStatus: Live

Job Summary

Serve as an individual contributor in Enterprise Financial Crime Compliance, supporting AML Transaction Monitoring models through monitoring, testing, analytical reviews, and governance. Investigate changes in alert volumes, customer populations, and transaction patterns; perform below-the-line threshold and sampling reviews; and conduct code reviews to ensure model logic aligns with documented intent. Collaborate with model owners, Model Risk Management, and auditors to assess emerging risks and recommend continuous improvements across the enterprise.
Location: Charlotte, Chicago, Minneapolis
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Conduct in-depth analytical research into AML model performance and behavior changes to identify underlying drivers and assess impacts.
  • •Execute and document periodic testing and performance reviews aligned with regulatory expectations and internal risk standards.
  • •Review and challenge model behavior, limitations, and assumptions; identify control gaps and recommend remediation.
  • •Perform comprehensive code reviews and code change assessments for AML Transaction Monitoring models to ensure alignment with documented intent and regulatory requirements.
  • •Assess threshold and sampling soundness through below-the-line reviews and support ongoing calibration decisions.

Pay and Benefits

Salary: USD 111,605 - 131,300 annually
Perks:Health InsuranceDentalVisionLife InsuranceDisability401kRetirementPaid LeavePaid HolidaysAdoption Assistance

Key Requirements

  • •Bachelor’s degree in a quantitative field with at least 8 years of relevant experience, or MA/MS with 5+ years, or a PhD with 4+ years.
  • •Experience evaluating quantitative models or monitoring frameworks in a regulated environment.
  • •Strong understanding of model risk concepts, performance monitoring, sampling methodologies, and root cause analysis.
  • •Proficiency in SAS, SQL, and Python for data analysis, testing, automation, and code review.
  • •Ability to analyze complex data, investigate changes in model behavior, and communicate findings clearly to technical and non-technical stakeholders.
Experience:8+ yearsAMLFinancial crime detectionRegulated environmentModel monitoringModel risk
Education:Bachelor's
Skills:CommunicationAnalytical thinkingProblem solvingSelf-drivenTime management
Tech Stack:SASSQLPython

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

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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