U.S. Bank

Quantitative Model Analyst

U.S. Bank$111K — $131K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field with 8+ years of experience, or Master's with 5+ years, or PhD with 4+ years of relevant experience.
  • Leadership experience in quantitative roles with knowledge of predictive modeling techniques.
  • Strong tech skills, including software engineering fundamentals and cloud-based infrastructure.
  • Excellent communication skills for driving transformation across teams and stakeholders.
  • Curiosity, collaboration, customer focus, and an understanding of risk management.

Responsibilities

  • Lead initiatives for model implementation and infrastructure development.
  • Research, design, deploy, and maintain a forecasting platform.
  • Implement and operationalize advanced statistical models for forecasting and analytics.
  • Collaborate with strategy and risk management teams on forecasts.
  • Support decision-making processes in Corporate Treasury.

Benefits

  • Healthcare coverage (medical, dental, vision).
  • Life insurance options (basic and optional).
  • Short-term and long-term disability benefits.
  • Parental leave and pregnancy disability support.
  • 401(k) with employer-funded retirement plan contributions.
  • Paid vacation ranging from two to five weeks based on tenure.
  • Up to 11 paid holidays annually.
  • Adoption assistance.
  • Accrued Sick and Safe Leave (up to 80 hours per calendar year).
Full Job Description
Job Description

We are seeking a strong, decisive, and results-oriented quantitative analyst to join our Quantitative Finance Forecast & Production (QFFP) team within U.S. Bank's Corporate Treasury Division. In this role, the successful candidate will lead initiatives related to model implementation and infrastructure development, supporting key decision-making processes across Corporate Treasury. Key responsibilities include the research, design, deployment, and maintenance of an efficient forecasting platform, along with the implementation and operationalization of advanced statistical models to support balance sheet forecasting and risk analytics.

About QFFP

QFFP is a team within Corporate Treasury in the CFO organization responsible for producing forecasts that are used in capital, liquidity, and interest rate risk measurement, as well as baseline financial planning. QFFP leverages proprietary quantitative methods and systems to simulate and forecast comprehensive balance sheet and income statement metrics under a wide array of hypothetical scenarios. The team regularly partners with other strategy and risk management groups, such as Asset Liability Management and Capital & Liquidity Risk Management, as well as the Finance Data team.

Core Competencies
• Experience leading quantitative teams, strong understanding of predictive modeling techniques, and familiarity with balance sheet data at large regulated financial institutions.
• Strong technology background including fundamental software engineering principles, automation tools, cloud-based tools and infrastructure, database systems, and dashboard/visualization tools.
• Exceptional communication skills and ability to drive transformation initiatives that span multiple teams and stakeholders.
• A mindset for curiosity, collaboration, customer centricity, and risk management.

Basic Qualifications
- Bachelor's degree in a quantitative field, and eight or more years of relevant experience
OR
- MA/MS in a quantitative field, and five or more years of related experience
OR
- PhD in a quantitative field, and four or more years of related experience

Preferred Skills/Experience
• Master's Degree or PhD in a quantitative field such as quantitative finance, engineering, data science, mathematics, or statistics.
• 4 or more years of experience in a leading role in model development/implementation, software engineering, or related area.
• Strong familiarity with balance sheet modeling and cash flow forecasting.
• Deep understanding of banking, financial metrics, and asset & liability management.
• Knowledge of banking regulation and requirements for stress testing.
• Experience working with QRM.
• Excellent executive presence and verbal and written communication skills.
• Ability to build strong relationships with a wide range of individuals from finance, risk, model validation, technology, and regulators.
• Strong analytical and problem solving skills, coupled with thoroughness and attention to detail.
• Ability to prioritize work, meet deadlines, work under pressure and independently while balancing multiple priorities in a dynamic and complex environment.
• Strong analytical, organizational, problem-solving, and project-management skills.
• Experience working with large datasets and building or validating advanced statistical models (including regression and economic factor models)
• Extensive programming experience in Python, familiar with profiling and performance optimization techniques.
• Experience with MS Word, Excel, and PowerPoint.
• Relational databases, SQL query optimization.
• Code management and version control using Git.
• Cloud-based solution deployment (AWS or Azure) and containerization/orchestration tools (e.g. Docker, Kubernetes).
• Al/ML and GenAI approaches.
• Microsoft Power Automate/ Power Apps.
• PowerBI or other visualization dashboards.

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: $111,605.00 - $131,300.00

Posting may be closed earlier due to high volume of applicants.

About U.S. Bank

U.S. Department of the Treasury is a government agency responsible for promoting economic prosperity and ensuring financial security. The department is responsible for a wide range of activities such as advising on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.

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Learn more about U.S. Bank
Size
68,796 employees
Market Cap
$66.2 billion
Industry
Net Income
$4.9 billion
5 Year Trend
+0.5%
NASDAQ

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