Senior Model Validation Lead — CCAR/CECL

Us Bank; Charlotte (NC); On-site; USD 164,000 - 193,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability insurance

Parental leave

401(k) plan

Paid vacation

Paid holidays

Adoption assistance

Job summary

U.S. Bank is seeking an experienced Model Validation Manager to lead validation efforts for our Residential Mortgage and Retail Credit Loss Forecasting models. This role reports to the Director of Credit, Compliance, and Financial Crimes Model Validation within Model Risk Management.

You will build and oversee a team responsible for validating CCAR and CECL models across consumer portfolios, delivering high‑impact insights through rigorous analysis and clear documentation.

Qualifications

• Bachelor’s degree required with nine+ years of experience in quantitative modeling
• Five+ years of experience leading a quantitative modeling team
• Strong knowledge of regression techniques and time-series methods
• Experience validating CCAR/CECL models or similar credit-risk models
• Excellent written and verbal communication for diverse stakeholders

Responsibilities

• Lead and develop a team validating residential mortgage and retail credit loss forecasting models
• Oversee end‑to‑end validation activities and challenge model design and data quality
• Ensure rigorous validation analyses and continuous improvement of standards
• Review and approve validation deliverables for clarity and traceability
• Identify model risks and drive corrective actions with timely remediation
• Manage validation execution, resource allocation, coaching, and quality control
• Engage with business stakeholders to maintain independent, credible challenge
• Coordinate internal audits and regulator interactions and address supervisory feedback

Skills

Statistical modeling

Data analysis

Leadership

Model risk frameworks

Communication skills

Education

Bachelor’s degree (MA/MS/PhD strongly preferred)

Tools

SAS

Job description

U.S. Bank is seeking an experienced Model Validation Manager to lead validation efforts for our Residential Mortgage and Retail Credit Loss Forecasting models. This role reports to the Director of Credit, Compliance, and Financial Crimes Model Validation within Model Risk Management.

You will build and oversee a team responsible for validating CCAR and CECL models across consumer portfolios, delivering high‑impact insights through rigorous analysis and clear documentation.