Independent Model Risk Validation Analyst

U.S. Bank; Cincinnati (OH); Ibrido; USD 98.000 - 116.000; Tempo pieno

Vantaggi offerti da questo lavoro

Healthcare

Life insurance

Disability

Parental leave

401(k)

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Descrizione del lavoro

U.S. Bank is seeking a Quantitative Model Validation Analyst to join its Risk Management and Compliance organization.

The role focuses on validating macroeconomic forecasting models used for CCAR, CECL and capital planning, and requires strong quantitative skills and regulatory awareness. The analyst will challenge model risks, document findings, and present results to model owners, governance committees, and regulators, working closely with risk management, finance and internal audit to ensure

Competenze

• Bachelor's degree in a quantitative field and five or more years of relevant experience or MA/MS in a quantitative field and three or more years of related experience or PhD in a quantitative field with less than two years of related experience
• Proficient in economics, finance, statistics, and mathematics
• Experience with macroeconomic forecast model development or validation and stress testing models
• Strong analytical and communication skills

Mansioni

• Validate macroeconomic forecasting models used in regulatory and business planning (CCAR, CECL, capital planning)
• Independently challenge model assumptions, methodologies, and performance
• Document validation procedures and present findings to stakeholders and regulators
• Collaborate with Model Owners/Developers and risk management teams to assess model risk and remediation needs
• Communicate complex quantitative concepts clearly to both technical and non-technical audiences

Conoscenze

Economics

Finance

Statistics

Mathematics

Python

SAS

R

Communication

Regulatory knowledge

Formazione

Bachelor's degree in quantitative field

MA/MS in quantitative field

PhD in quantitative field

Strumenti

SAS

R

Descrizione del lavoro

U.S. Bank is seeking a Quantitative Model Validation Analyst to join its Risk Management and Compliance organization.

The role focuses on validating macroeconomic forecasting models used for CCAR, CECL and capital planning, and requires strong quantitative skills and regulatory awareness. The analyst will challenge model risks, document findings, and present results to model owners, governance committees, and regulators, working closely with risk management, finance and internal audit to ensure