Job DescriptionWe're looking for a sharp quantitative analyst who's adept at advanced AI/ML algorithms to join our AI/ML Validation Center of Excellence in Model Risk Management. The team plays a critical role in providing oversight to U.S. Bank's Artificial Intelligence Models across various business areas, such as Marketing, Fraud, Credit Risk and Bank Operations.
As a Quant you will develop benchmark AI/ML models, perform activities related to AI/ML model development and model review, including model development, algorithm selection, performance evaluation, implementation, monitoring, model risk mitigation and remediation. In addition, you will be responsible for conducting R&D for various AI/ML methodologies and their potential applications and use cases.
Deliverables include reviewing model development documentation, independently testing of advanced AI/ML and Generative AI models, developing technical guidance documents, training curriculum and white paper, and communicating model requirements and validation outcome to stakeholders within the Bank.
Basic Qualifications- Bachelor's degree in a quantitative field required with at least 5 years of relevant experience
OR
- MA/MS in a quantitative field, and 3 or more years of related experience
OR
- PhD in a quantitative field, and less than 2 years of related experience
Preferred Skills/Experience- Strong statistical modeling or computer science background and hands on model development skills
- Considerable knowledge of various machine learning algorithms and their applications, including Random Forest, GBM, XGBoost, deep learning, NLP, computer vision, and LLM.
- Experience with building complex deep learning architectures such as MLPs, RNNs, CNNs and Generative AI frameworks such as RAG and Agentic AI.
- Strong programming skills using Python packages such as Numpy, Pandas, and scikit-learn.
- Hands on experience with deep learning or LLM software frameworks such as PyTorch, Tensorflow/Keras, MXNet, LangChain and Llamaindex are strongly preferred
- Research experience and publications on AI or Gen AI are preferred
- Experience in financial industry is preferred but not required
- Advanced understanding of Model Risk Management and OCC SR 11-7 is a plus
- Demonstrated independence, teamwork and leadership skills
- Strong project management skills
- Excellent written and verbal communication skills
LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- 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
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $105,400.00 - $124,000.00
Posting may be closed earlier due to high volume of applicants. 
