AML Quantitative Modeling Specialist

Us Bank; Charlotte (NC); On-site; USD 112,000 - 131,000; Full time

Job summary

U.S. Bank is seeking an experienced quantitative analyst to join the Enterprise Financial Crime Compliance group. You will monitor AML Transaction Monitoring models, perform code reviews, and support governance with model risk management and regulators.

The role requires SAS, SQL, and Python for data analysis, strong communication, and the ability to translate complex findings for senior leadership.

Qualifications

• Bachelor’s degree in a quantitative field with at least 8 years of relevant experience.
• MA/MS in a quantitative field, and five or more years of related experience
• PhD in a quantitative field, and four or more years of related experience

Responsibilities

• Conduct in-depth analytical research into model performance and behavior changes, including investigation of shifts in alert volumes and transaction patterns.
• Execute and document periodic testing and performance reviews aligned with regulatory expectations and internal risk standards.
• Review and challenge model behavior, limitations, and assumptions; identify potential control gaps and remediation actions.
• Conduct comprehensive code reviews and code change assessments for AML Transaction Monitoring models to ensure alignment with documented intent and regulatory requirements.
• Provide clear, constructive feedback to model and code owners, supporting issue resolution and continuous improvement.
• Assess model threshold and sampling soundness through Below-the-Line reviews and support calibration decisions.
• Prepare and present materials for audiences including senior leadership, Model Risk Management, Corporate Audit, and regulatory partners.

Skills

SAS

SQL

Python

Quantitative analysis

Model risk concepts

Regulated environment

Communication skills

Time management

Education

Bachelor’s degree in a quantitative field

MA/MS in a quantitative field

PhD in a quantitative field

Job description

U.S. Bank is seeking an experienced quantitative analyst to join the Enterprise Financial Crime Compliance group. You will monitor AML Transaction Monitoring models, perform code reviews, and support governance with model risk management and regulators.

The role requires SAS, SQL, and Python for data analysis, strong communication, and the ability to translate complex findings for senior leadership.