Senior Quant Analyst – Model Validation & Risk Insight

U.S. Bank; Charlotte (NC); On-site; USD 111,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Retirement plan

Paid vacation

Parental leave

Disability insurance

Sick leave

Job summary

U.S. Bank is seeking a Quantitative Model Validation Analyst to join the Risk Management and Compliance organization.

You will independently validate macroeconomic forecasting models used in CCAR, CECL, and capital planning, working closely with model owners and developers to assess risk, forecast performance, and remediation options. You will document procedures, communicate results to governance committees and executives, and interact with regulators.

Qualifications

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

Responsibilities

• Perform independent validation of macroeconomic forecasting models.
• Challenge model assumptions, estimation techniques, and variable selection methodologies.
• Document validation procedures and present conclusions to stakeholders.

Skills

Economics

Finance

Statistics

Mathematics

Critical thinking

Communication

Independent work

Education

Bachelor’s degree in quantitative field

MA/MS in quantitative field

PhD in quantitative field

Tools

Python

SAS

R

Job description

U.S. Bank is seeking a Quantitative Model Validation Analyst to join the Risk Management and Compliance organization.

You will independently validate macroeconomic forecasting models used in CCAR, CECL, and capital planning, working closely with model owners and developers to assess risk, forecast performance, and remediation options. You will document procedures, communicate results to governance committees and executives, and interact with regulators.