Job DescriptionPerforms all phases of large complex model development, validation, and performance management for various types of projects. Projects may include data aggregation, model design, model selection, testing, documentation, validation, implementation, and execution. Incumbent should have a strong statistical modeling background based on technical training or advanced education in a quantitative field. May interact directly with senior managers requiring advanced levels of presentation and relationship building skills. This position will also have occasional exposure to internal and external oversight. Incumbent is expected to progress to a subject matter expert in one or more areas. Prefers a basic understanding of applicable laws, regulations, financial services, and regulatory trends that affect the mortgage industry. Position requires limited management direction.
Basic Qualifications- Bachelor's degree in a quantitative field, and three or more years of relevant experience
OR
- MA/MS in a quantitative field, and less than three years of related experience
Preferred Skills/Experience- Statistical modeling background based on technical training or advanced education in a quantitative field.
- Basic knowledge of various regression techniques (linear, logistic), parametric and non-parametric algorithms, times series techniques (ARIMA, GARCH), and other statistical models, various model validation tests/methodologies, using SAS, R, or similar statistical package.
- Experience with data compilation, programming skills and qualitative analysis skills such as Python, VBA, and C++.
- Basic knowledge of the Mortgage Industry. Specifically, knowledge pertaining to mortgage servicing rights (MSR) valuation, market risk hedging, and current coupon/primary mortgage rate generation.
- Knowledge of quantitative and qualitative risk factors (duration, convexity), industry risks, competition risks, and risk management approaches.
-Experience modeling or analyzing mortgage prepayments and delinquencies.
- Basic understanding of applicable laws, regulations, financial services, and regulatory trends that affect the mortgage business.
- Strong project management skills.
- Demonstrated independence, teamwork, and leadership skills.
- Effective interpersonal, 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.
Posting may be closed earlier due to high volume of applicants. 
