Model Validation Director - Consumer and Payments

US Bank; New York (NY); Presencial; USD 180.000 - 240.000; Jornada completa

Descripción de la vacante

U.S. Bank seeks an experienced Model Validation Director for Consumer and Payments within Risk Management and Compliance.

This executive will lead independent model risk oversight, challenging model design, data and performance across multiple business areas. The role requires deep knowledge of Consumer/Payments modeling, strong leadership and the ability to translate complex quantitative issues into business decisions and risk concepts.

Formación

• Advanced quantitative degree and 10+ years of relevant modeling/model risk experience, with significant leadership experience.
• Deep experience in Consumer and/or Payments modeling, across underwriting, credit scoring, pricing or analytics.
• Strong knowledge of statistical modeling, machine learning, AI and model performance assessment; proficient in Python, SAS, R and/or SQL.
• Demonstrated experience developing and validating sophisticated models and evaluating internally developed and third-party models.
• Strong understanding of data, model implementation, monitoring and lifecycle practices.
• Ability to connect quantitative issues to business decisions, outcomes and risk implications.
• Strong executive communication, stakeholder management and influencing skills.
• Demonstrated ability to build and lead advanced quantitative teams.

Responsabilidades

• Leads a highly skilled quantitative team responsible for independent validation and model risk oversight across Consumer and Payments.
• Provides independent challenge of model design, methodology, data, implementation, performance, monitoring and business use.
• Maintains knowledge of leading modeling practices and emerging techniques, including ML/AI.
• Develops understanding of business strategies and model applications to assess risk and impact.
• Provides MRM perspective on internal, vendor and hybrid modeling approaches and ensures independence.
• Identifies broader themes to strengthen model quality, development practices, monitoring and lifecycle.
• Communicates model risks and validation conclusions to senior management and regulators.
• Builds and develops strong quantitative talent.

Conocimientos

Executive communication

Stakeholder management

Leadership

Quantitative analytics

Python

SAS

R

SQL

Educación

Advanced quantitative degree

Herramientas

Python

SAS

R

SQL

Descripción del empleo

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

U.S. Bank is seeking an experienced Model Validation Director for Consumer and Payments within Risk Management and Compliance. This executive will lead independent model risk oversight and validation and serve as a senior MRM partner to model developers and business leaders. The role requires deep understanding of Consumer and Payments businesses, leading modeling practices, and emerging analytical techniques to provide effective challenge and support responsible innovation.

Essential Functions

• Leads a highly skilled quantitative team responsible for independent validation and model risk oversight across Consumer and Payments, including credit decisioning, pricing, account management, marketing, payments, collections and other customer decision models.
• Provides independent challenge of model design, methodology, data, implementation, performance, monitoring and business use, applying benchmarking, back-testing, sensitivity analysis and challenger approaches.
• Maintains strong knowledge of leading modeling practices and emerging techniques, including machine learning and AI, to effectively challenge model development and modernization.
• Develops a strong understanding of business strategies, customer decisions and model applications to assess both technical model risk and potential business impact.
• Provides MRM perspective on internal, vendor and hybrid modeling approaches, including methodology, data, model transparency, performance and ongoing monitoring. Partners effectively with model developers, model owners, business leaders, Data and Technology, while maintaining clear second-line independence and effective challenge.
• Identifies broader themes and opportunities to strengthen model quality, development practices, monitoring and lifecycle management across the portfolio.
• Communicates model risks, limitations and validation conclusions clearly to senior management, regulators and Internal Audit.
• Builds and develops strong quantitative talent with relevant Consumer, Payments and advanced analytics expertise.

Preferred Skills / Qualifications

• Advanced quantitative degree and 10+ years of relevant modeling/model risk experience, with significant leadership experience.
• Deep experience in Consumer and/or Payments modeling, preferably across multiple areas such as underwriting, credit scoring, pricing, marketing/customer analytics, account management, collections or payments.
• Strong knowledge of statistical modeling, machine learning, AI and model performance assessment, with proficiency in Python, SAS, R and/or SQL.
• Demonstrated experience developing and/or validating sophisticated models and evaluating internally developed and third-party models.
• Strong understanding of data, model implementation, monitoring and model lifecycle practices.
• Ability to connect complex quantitative issues to business decisions, customer outcomes and risk implications.
• Strong executive communication, stakeholder management and influencing skills.
• Demonstrated ability to build and lead advanced quantitative teams.

This role requires working from a U.S. Bank location three (3) or more days per week.

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.

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.

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.