Senior Model Risk Validator

U.S. Bank; Minneapolis (MN); On-site; USD 119,765 - 140,900; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Retirement plan (401(k))

Paid vacation

Job summary

U.S. Bank is seeking a validation professional within the Second Line of Defense Risk Management and Compliance organization.

You will validate models across AML, Cybersecurity, Sanctions, and Fair Lending, coordinating with model owners, developers, regulators, and auditors to explain validation outcomes. During validation, you will challenge conceptual frameworks, data integrity, governance, and performance, and track remediation actions to closure, producing clear reports and recommendations

Qualifications

• Bachelor’s degree in a quantitative field with at least 8 years of relevant experience.
• MA/MS in a quantitative field, and five or more years of related experience
• PhD in a quantitative field, and four or more years of related experience

Responsibilities

• Validate models across AML, Cybersecurity, sanctions, and fair lending domains and document observations.
• Interact with model owners, developers, regulators, and internal auditors to discuss validation outcomes.
• Challenge the model's conceptual framework, data integrity, and implementation framework during validation.
• Track remediation items to closure and prepare reports for stakeholders.

Skills

Statistical modeling

Model validation

Compliance knowledge

AML/CFP knowledge

Education

Bachelor's degree in quantitative field

MA/MS in quantitative field

PhD in quantitative field

Job description

U.S. Bank is seeking a validation professional within the Second Line of Defense Risk Management and Compliance organization.

You will validate models across AML, Cybersecurity, Sanctions, and Fair Lending, coordinating with model owners, developers, regulators, and auditors to explain validation outcomes. During validation, you will challenge conceptual frameworks, data integrity, governance, and performance, and track remediation actions to closure, producing clear reports and recommendations