Job DescriptionU.S. Bank is seeking the position of Quantitative Model Manager (multiple positions) in Charlotte, NC.
Essential Responsibilities:- Execute advanced data compilation, programming skills, and qualitative analysis skills.
- Establish various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests and methodologies, using SAS or similar statistical package.
- Analyze quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches.
- Facilitate applicable regulatory rules, guidance, and supervisory letters.
- Demonstrate strong analytical, organizational, problem-solving, negotiation, and project management skills.
Basic Qualifications:Position requires a Master's degree in Analytics, Data Science, or Financial Mathematics, and 2 years in a Quantitative Analyst, or related, occupation.
Required Skills/Experience:Must include 2 years of experience with each of the following:
• Security Valuation and Option Pricing to optimize formulas of Rates and MBS valuation through discounted cashflow analysis using Monte Carlo simulation;
• Translate US treasury and mortgage market signals into model parameters in linear combination, tested through statistical regression analysis;
• Mathematical Research for drafting Interest Rate Term Structure modeling by solving stochastic equations;
• Regression analysis with Python in mortgage rate model and implement valuation engine for MBS;
• Code sharing procedure and maintain modeling version control with Git; and,
• Investment portfolio data and prepayment data for valuation and risk metrics calculation process using SQL, python and Excel.
Teams may work from home and the office. Base pay range may vary if an offer is made for work in a different location. Pay Range: $97,011 - $164,100. (#LI-NDI #LI-DNI #LI-DNP #DE-DNP #INDdni #IND-DNP).
- The examination for this position may include an additional supplemental questionnaire. Improper or missing responses could affect your application.
- This position is not eligible for visa sponsorship.
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.
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).
Posting may be closed earlier due to high volume of applicants. 
