U.S. Bancorp

2 weeks ago

Quantitative Model Analyst 3 - AML

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI

Last checked: 8 hours agoStatus: Live

Job Summary

Serve as an individual contributor in the Enterprise Financial Crime Compliance team, supporting AML Transaction Monitoring model monitoring, testing, and governance. You’ll review model behavior and assumptions, conduct periodic performance and validation reviews, perform thorough code reviews and below-the-line (BTL) testing, and maintain governance tracking tools. Partner with model owners, Model Risk Management, auditors, and senior leadership to identify emerging risks and improve AML monitoring capabilities across the enterprise.

Location: Cincinnati, Chicago, Charlotte, Minneapolis, Columbus, Kansas City

Workplace: Onsite

Employment Type: Full time

Job Function: Capital Markets, Trading & Quant

Seniority: Mid level

Key Responsibilities

•Execute and document periodic testing, validation support, and performance reviews for AML Transaction Monitoring models aligned with regulatory and internal risk standards.
•Review and challenge model behavior, limitations, and assumptions; identify potential control gaps and recommend remediation actions.
•Conduct comprehensive code reviews and code change assessments to ensure AML Transaction Monitoring model changes align with intent, coding standards, and regulatory requirements.
•Perform below-the-line (BTL) reviews to assess model threshold and sampling soundness and support ongoing calibration decisions.
•Maintain tracking tools for code review and governance activities, and prepare materials for senior leadership, Model Risk Management, Corporate Audit, and regulatory partners.

Pay and Benefits

Salary: USD 98,175 - 115,500 annually

Perks:Health InsuranceDentalVisionLife InsuranceDisability401kPaid LeavePaid HolidaysAdoption Assistance

Key Requirements

•Bachelor’s degree in a quantitative field with 5+ years of relevant experience, or MA/MS with 3+ years, or a PhD with less than 2 years.
•Strong eye for code review and the ability to evaluate complex model behavior.
•Proficiency with SAS, SQL, and Python for data analysis, testing, and automation.
•Understanding of model risk and experience working with quantitative models, analytics, or monitoring frameworks in a regulated environment.
•Experience supporting AML/BSA Transaction Monitoring systems or financial crime detection tools, including AML best practices and regulatory expectations.

Experience:AMLBSA/AMLFinancial crime detectionModel risk managementRegulated environment

Skills:Self-drivenAnalytical thinkingAttention to detailTime managementCommunication

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: 3.8

Website LinkedIn Glassdoor

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U.S. Bancorp

2 weeks ago

Quantitative Model Analyst 3 - AML

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI

Last checked: 8 hours agoStatus: Live

Job Summary

Location: Cincinnati, Chicago, Charlotte, Minneapolis, Columbus, Kansas City

Workplace: Onsite

Employment Type: Full time

Job Function: Capital Markets, Trading & Quant

Seniority: Mid level

Key Responsibilities

•Execute and document periodic testing, validation support, and performance reviews for AML Transaction Monitoring models aligned with regulatory and internal risk standards.
•Review and challenge model behavior, limitations, and assumptions; identify potential control gaps and recommend remediation actions.
•Conduct comprehensive code reviews and code change assessments to ensure AML Transaction Monitoring model changes align with intent, coding standards, and regulatory requirements.
•Perform below-the-line (BTL) reviews to assess model threshold and sampling soundness and support ongoing calibration decisions.
•Maintain tracking tools for code review and governance activities, and prepare materials for senior leadership, Model Risk Management, Corporate Audit, and regulatory partners.

Pay and Benefits

Salary: USD 98,175 - 115,500 annually

Perks:Health InsuranceDentalVisionLife InsuranceDisability401kPaid LeavePaid HolidaysAdoption Assistance

Key Requirements

•Bachelor’s degree in a quantitative field with 5+ years of relevant experience, or MA/MS with 3+ years, or a PhD with less than 2 years.
•Strong eye for code review and the ability to evaluate complex model behavior.
•Proficiency with SAS, SQL, and Python for data analysis, testing, and automation.
•Understanding of model risk and experience working with quantitative models, analytics, or monitoring frameworks in a regulated environment.
•Experience supporting AML/BSA Transaction Monitoring systems or financial crime detection tools, including AML best practices and regulatory expectations.

Experience:AMLBSA/AMLFinancial crime detectionModel risk managementRegulated environment

Skills:Self-drivenAnalytical thinkingAttention to detailTime managementCommunication

Tech Stack:SASSQLPython

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

U.S. Bancorp

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: 3.8

Website LinkedIn Glassdoor