Quantitative Model Analyst

U.S. Bank • Earth City, MO

23h • Onsite

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description NOTE: This position is not eligible for current or future visa sponsorship. U.S. Bank is seeking a quantitative model analyst to support initiatives in the area of the valuation and modeling of Mortgage Servicing Rights (MSRs). The analyst will contribute toward mortgage and valuation analytics, including model/assumption development, documentation, and monitoring. Specific areas of focus may include but are not limited to the modeling of: mortgage prepayments, mortgage delinquencies and foreclosures, interest rate modeling, term structure and stochastic valuation modeling. Work is performed independently following training. Responsibilities and opportunities within the department will grow with demonstrated success.

Requirements

• Bachelor’s degree in a quantitative field, and less than two years of relevant experience

Nice To Haves

• Basic knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using SAS or similar statistical package
• Basic data compilation, programming skills and qualitative analysis skills
• Basic knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
• Basic knowledge of applicable regulatory rules, guidance, or supervisory letters
• Ability to manage multiple tasks across various timelines
• Strong analytical, organizational, problem-solving, negotiation, and project management skills
• Effective interpersonal, verbal and written communication skills
• MA/MS degree preferred

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 of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level