Model Validation Director — Consumer & Payments Risk

U.S. Bank; New York (NY); On-site; USD 215,000 - 253,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Short-term & long-term disability

Paid vacation

Paid holidays

401(k) and retirement plan

Parental leave

Sick leave

Job summary

U.S. Bank is seeking an experienced Model Validation Director for Consumer and Payments within Risk Management, to lead independent validation and model risk oversight.

The role requires deep knowledge of consumer and payments modeling and advanced analytics to challenge and guide model developers and business leaders. The successful candidate will shape validation practices across the portfolio, mentor senior quantitative staff, and communicate model risks to senior management and regulators

Qualifications

• Advanced degree in a quantitative field with 10+ years of modeling/model risk experience.
• Experience leading model risk oversight across consumer and payments domains.
• Strong knowledge of statistical modeling, ML/AI, and model performance assessment.
• Experience developing/validating sophisticated models and evaluating internal and third-party models.
• Understanding of data, model implementation, monitoring, and lifecycle processes.
• Ability to translate quantitative issues into business decisions and risk implications.
• Executive communication, stakeholder management, and influencing skills.
• Proven ability to build and lead advanced quantitative teams.

Responsibilities

• Leads a team for independent validation and model risk oversight across Consumer and Payments (credit decisioning, pricing, account management, marketing, payments, collections).
• Provides independent challenge of model design, data, implementation, performance, monitoring and business use.
• Maintains knowledge of leading modeling practices including ML/AI and evolving techniques.
• Interprets model risks and communicates conclusions to senior management and regulators.
• Partners with model developers, owners, and Data & Technology while maintaining second-line independence.
• Identifies opportunities to strengthen model quality and lifecycle management across the portfolio.

Skills

Advanced quantitative degree

Model risk experience

Consumer/Payments modeling

Statistical modeling

Machine learning/AI

Python/SAS/R/SQL

Model lifecycle

Business impact

Executive communication

Leadership of quantitative teams

Education

Advanced quantitative degree

Tools

Python

SAS

R

SQL

Job description

U.S. Bank is seeking an experienced Model Validation Director for Consumer and Payments within Risk Management, to lead independent validation and model risk oversight.

The role requires deep knowledge of consumer and payments modeling and advanced analytics to challenge and guide model developers and business leaders. The successful candidate will shape validation practices across the portfolio, mentor senior quantitative staff, and communicate model risks to senior management and regulators