Quantitative Model Analyst III – AML Monitoring

U.S. Bank; Chicago (IL); On-site; USD 98,000 - 116,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

Holiday opportunities

Adoption assistance

Disability insurance

Job summary

U.S. Bank is seeking a quantitative professional to develop, validate, test, and implement complex statistical models for monitoring suspicious activity within customer accounts. You will own existing models and support development of new models under guidance from senior analysts.

The role emphasizes clear communication of model performance to compliance, risk, and technology teams, with deliverables including documentation, assessments, and ongoing monitoring artifacts.

Qualifications

• Bachelor’s degree in a quantitative field with 5+ years of relevant experience.
• MA/MS in a quantitative field with 3+ years of related experience.
• PhD in a quantitative field with less than 2 years of related experience.

Responsibilities

• Create and develop statistical models for monitoring activity.
• Review and maintain model documentation.
• Conduct periodic performance assessments of models.
• Tune and calibrate models to meet regulatory and internal risk standards.
• Communicate model performance, limitations, and findings to stakeholders across compliance, risk, and technology teams.

Skills

Statistical modeling

Model validation

SAS

Python

SQL

Communication

Project management

Independent work

Education

Bachelor’s degree in a quantitative field

MA/MS in a quantitative field

PhD in a quantitative field

Tools

SAS

Python

SQL

Job description

U.S. Bank is seeking a quantitative professional to develop, validate, test, and implement complex statistical models for monitoring suspicious activity within customer accounts. You will own existing models and support development of new models under guidance from senior analysts.

The role emphasizes clear communication of model performance to compliance, risk, and technology teams, with deliverables including documentation, assessments, and ongoing monitoring artifacts.