Senior Lead, Retail Credit Risk Modeling

U.S. Bank; Charlotte (NC); On-site; USD 170,000 - 200,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation and holidays

Job summary

U.S. Bank is seeking a senior quantitative leader to oversee retail credit risk modeling within the MDDS group. This role leads Residential Real Estate and other retail risk modeling teams, shaping strategy and representing the domain in regulatory, audit, and validation reviews.

You will guide complex model development for CCAR, CECL, and capital stress testing, collaborating with executives and business partners to drive risk-informed decision making.

Qualifications

• Bachelor’s degree (MA/MS/PhD in a quantitative field strongly preferred).
• Nine or more years of relevant experience.
• Five or more years of experience leading credit risk model development or closely related experience.

Responsibilities

• Lead a portfolio of complex, high-profile retail credit model development projects.
• Set quantitative direction, model structures, and methodology standards across retail credit risk.
• Oversee model development, testing, documentation, implementation, monitoring, and use to ensure high-quality practices.
• Lead and develop managers responsible for retail credit risk modeling teams, strengthening talent and execution.
• Advance scalable processes, analytical capabilities, and supporting data and technology.
• Lead the modeling response to regulatory exams, audits, and model validations; engage with regulators and senior stakeholders.
• Communicate model approaches, results, limitations, and implications to senior audiences.

Skills

Quantitative leadership

People leadership

Communication

Statistical modeling

Programming & data platforms

Retail credit knowledge

Regulatory & governance

Modernization & transformation

Education

Bachelor’s degree (quantitative preferred)

Tools

Python

SQL

SAS

Job description

U.S. Bank is seeking a senior quantitative leader to oversee retail credit risk modeling within the MDDS group. This role leads Residential Real Estate and other retail risk modeling teams, shaping strategy and representing the domain in regulatory, audit, and validation reviews.

You will guide complex model development for CCAR, CECL, and capital stress testing, collaborating with executives and business partners to drive risk-informed decision making.