Quantitative Model Analyst 2

U.S. Bancorp
Minnesota, Missouri
Workplace: OnsiteFull timeUSD 92,820 - 109,200 annuallyFunction: Capital Markets, Trading & QuantExperience: 3+ yearsSkills: ["Analytical","Organizational","Problem-solving","Communication","Project management"]

Create, validate, test, and document complex statistical models used in financial decision-making. Run daily MSR (Mortgage Servicing Rights) valuations and perform attribution analysis on MSR decay, and execute quarterly CCAR testing with reporting. Produce model and reporting documentation (including code and business requirements), and communicate model results to stakeholders while supporting risk, regulatory, and monitoring needs.

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

Quantitative Model Analyst 2

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI
Last checked: 20 hours agoStatus: Live

Job Summary

Create, validate, test, and document complex statistical models used in financial decision-making. Run daily MSR (Mortgage Servicing Rights) valuations and perform attribution analysis on MSR decay, and execute quarterly CCAR testing with reporting. Produce model and reporting documentation (including code and business requirements), and communicate model results to stakeholders while supporting risk, regulatory, and monitoring needs.
Location: Minnesota, Missouri
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Create, validate, test, document, implement, and/or oversee complex statistical models used in financial decision-making.
  • •Run daily MSR valuation and conduct attribution analysis on decay of MSR values.
  • •Run quarterly CCAR testing and generate related reports.
  • •Develop and maintain model development/validation documentation, including presentations, written reports, monitoring reports, and code documentation.
  • •Communicate model creation/testing results to stakeholders and support monitoring/validation procedures.

Pay and Benefits

Salary: USD 92,820 - 109,200 annually
Perks:Health InsuranceDentalVision401kPaid LeaveLife InsuranceLong-term DisabilityParental Leave

Key Requirements

  • •Bachelor’s degree in a quantitative field with three or more years of relevant experience, or an MA/MS in a quantitative field with less than three years of related experience.
  • •Ability to create and validate complex statistical models used for financial decision-making.
  • •Proficiency in Python for scripting and PowerBI.
  • •Basic knowledge of regression techniques, parametric and non-parametric algorithms, time series techniques, and statistical model validation tests/methodologies using SAS or similar tools.
  • •Ability to manage multiple tasks across various timelines.
Experience:3+ yearsMortgage banking
Education:
Skills:AnalyticalOrganizationalProblem-solvingCommunicationProject management
Tech Stack:PythonPowerBISASPolypathsMSRCCAR

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
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