Senior Model Validation Manager (CCAR/CECL)

RiseMe; Minnesota; On-site; USD 164,000 - 193,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k)

Paid vacation

Holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking an experienced Model Validation Manager to lead validation efforts for residential mortgage and retail credit loss forecasting models. This senior role reports to the Director of Credit, Compliance, and Financial Crimes Model Validation within Model Risk Management.

You will lead and develop a team responsible for validating and overseeing a large, complex inventory of CCAR and CECL models, delivering high‑impact insights through rigorous analysis and stakeholder engagement.

Qualifications

• Bachelor’s degree (MA/MS/PhD strongly preferred) and nine or more years of relevant experience.
• Five or more years of experience leading a quantitative modeling team.

Responsibilities

• Lead and develop a high‑performing analytics team responsible for independent validation of the Bank’s residential mortgage and retail portfolio credit loss forecasting models.
• Oversee end‑to‑end model validation activities, including pre‑implementation validations, periodic reviews, and ongoing monitoring.
• Provide effective challenge to model design, methodology, data, processes, and performance.
• Review and approve validation deliverables to ensure conclusions are well‑supported and clearly documented.
• Identify model risks and findings, drive corrective actions, and ensure timely remediation.
• Manage validation execution against plan with resource allocation and quality control.
• Engage with business stakeholders, fostering strong relationships while maintaining independent challenge.
• Coordinate internal audits and regulatory examinations, addressing supervisory feedback.

Skills

Regression techniques

Time series analysis

Statistical models

SAS

Programming / data analysis

Leadership

Communication skills

Education

Bachelor's degree

Advanced degree (MA/MS/PhD) preferred

Tools

SAS

Job description

U.S. Bank is seeking an experienced Model Validation Manager to lead validation efforts for residential mortgage and retail credit loss forecasting models. This senior role reports to the Director of Credit, Compliance, and Financial Crimes Model Validation within Model Risk Management.

You will lead and develop a team responsible for validating and overseeing a large, complex inventory of CCAR and CECL models, delivering high‑impact insights through rigorous analysis and stakeholder engagement.