Senior Quantitative Credit Risk Modeler

U.S. Bank; Charlotte, Northern (NC, KY); Hybrid; USD 98,000 - 116,000; Full time

Job summary

U.S. Bank in Charlotte, NC seeks a Model Developer to advance credit risk models for CRE and Small Business portfolios, ensure CECL/CCAR compliance, and integrate model outputs into BAU processes.

You will develop, backtest, and document models, collaborate with risk, finance, validation, and audit teams, and present findings to stakeholders. The role emphasizes communication of complex statistical concepts, rigorous data handling, and delivering actionable insights to support risk management

Qualifications

• Bachelor’s or higher in a quantitative field with 5+ years in credit risk modeling.
• Experience with CECL/CCAR and regulatory requirements.
• Strong communication and data-quality assessment skills.

Responsibilities

• Develop and implement loss forecasting models for CRE and SMB portfolios.
• Backtest, monitor performance, and investigate unexpected results.
• Prepare comprehensive model documentation and presentations.
• Collaborate with risk, finance, model validation, and audit teams.

Skills

Python

SAS

Credit risk modeling

Communication

Model validation

Education

Bachelor's degree in a quantitative field

MA/MS in a quantitative field

PhD in a quantitative field

Tools

Git

Job description

U.S. Bank in Charlotte, NC seeks a Model Developer to advance credit risk models for CRE and Small Business portfolios, ensure CECL/CCAR compliance, and integrate model outputs into BAU processes.

You will develop, backtest, and document models, collaborate with risk, finance, validation, and audit teams, and present findings to stakeholders. The role emphasizes communication of complex statistical concepts, rigorous data handling, and delivering actionable insights to support risk management