Data Analytics 5

US Bank; Minneapolis (MN); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Healthcare benefits

Employer-sponsored retirement plan (4-

Paid vacation and holidays

Parental leave

Sick leave

Job summary

U.S. Bank is seeking a Senior Loss Forecasting Analyst in Minneapolis to join the CBB Loss Forecasting team. You will forecast loan losses across mortgage and consumer portfolios and deliver actionable insights to partners.

Candidates should have strong analytical skills, experience with forecasting, model risk governance, and proficiency in SQL, R, Python, and Excel. Banking or financial services experience is preferred.

Qualifications

• Bachelor's degree in a related field or equivalent work experience.
• Five to seven years of statistical and/or data analytics experience.
• Experience with credit loss forecasting and forecast analysis.
• Ownership with models and/or experience in Model Risk Governance.
• Banking or financial services experience in credit, finance, forecasting, modeling, or credit strategy.

Responsibilities

• Work on big data/analytics projects to gather and integrate large data volumes and develop actionable insights.
• Acquire data from multiple sources to perform analysis.
• Identify and interpret trends to answer business questions and recommend actions.
• Apply statistical techniques to interpret results and inform decisions.
• Present data and analyses clearly to enable data-driven decisions.
• Collaborate with partners to provide a holistic view of analysis.
• Measure and monitor results and ensure data governance compliance.

Skills

Forecast analytics

Credit loss forecasting

Data analytics

Statistical modeling

Communication

Project management

Education

Bachelor's degree in related field

Tools

SQL

R

Python

Excel

Hadoop

SAS

SPSS

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

This role is part of the Consumer and Business Banking (CBB) Loss Forecasting team, which is responsible for evaluating credit losses across mortgage and consumer portfolios and supporting monthly and annual forecasting. The team brings together experience across technology, finance, statistics, credit, forecasting, modeling, and credit strategy.

This position will play an important role in loss forecasting and analytics, with a strong focus on forecasting experience and model risk governance. The successful candidate will bring strong analytical capabilities and the ability to understand forecast outcomes, evaluate their financial impact, and provide meaningful analysis and insights to business partners. Financial services or banking experience is preferred and will support an understanding of the credit and financial environment in which the team operates.

Key Responsibilities

• Working on big data/analytics projects that gather and integrate large volumes of data, performs analysis, interprets results and develops actionable insights and recommendations for use across the company.
• Acquires data from multiple data sources in order to perform analysis.
• Identifies, analyzes and interprets trends or patterns in complex data in order to provide answers to business questions as well as provide recommendations for action.
• Interprets data and analyzes results using various statistical techniques and tools.
• Presents data and analysis in a clear and concise manner, allowing the audience to quickly understand the results and recommendations so they can make data-driven decisions.
• Collaborates with various partners to provide a holistic view of the analysis.
• Measures and monitors results of applied recommendations and presents adjustments. Ensures all data acquisition, sharing and results of applied recommendations are compliant with company standards.

Basic Qualifications

• Bachelor's degree in a related field, or equivalent work experience
• Five to seven years of statistical and/or data analytics experience

Preferred Skills/Experience

• Experience with credit loss forecasting and forecast analysis
• Experience in unsecured and secured lending
• Ownership with models and/or experienced in Model Risk Governance
• Banking or financial services experience, particularly within credit, finance, forecasting, modeling, or credit strategy
• Ability to analyze forecast outcomes and understand their financial impact
• Working knowledge of analytics and statistical software such as SQL, R, Python, Excel, Hadoop, SAS, SPSS, geospatial tools and others to perform analysis and interpret data
• Experience in analytics, advanced analytics/statistics, and predictive modeling
• Strong analytical skills with the ability to extract, collect, organize, analyze and interpret trends or patterns in complex data sets
• Demonstrated project management skills
• Effective interpersonal, verbal and written communication skills

Benefits

• 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

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based

Disclaimer

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based