Senior Quantitative Model Validation Analyst

Us Bank; Minneapolis (MN); Hybrid; USD 111,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Short-term and long-term disability

Parental leave

401(k) retirement plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank seeks a Quantitative Model Validation Analyst within Risk Management and Compliance to independently validate macroeconomic forecasting models used in regulatory and business planning.

You will assess model risk, performance, and design through rigorous testing and reporting. The role requires strong analytical skills, experience with econometric modelling, time-series analysis, and the ability to communicate complex quantitative concepts to diverse audiences across Risk, Finance, and

Qualifications

• Bachelor’s degree in a quantitative field and five or more years of relevant experience.
• MA/MS in a quantitative field and three or more years of related experience.
• PhD in a quantitative field and less than two years of related experience.

Responsibilities

• Perform independent validation of macroeconomic forecasting models used in regulatory and business planning processes.
• Challenge model assumptions, estimation techniques, and forecasting performance.
• Document validation procedures, findings and conclusions in validation reports and present results to stakeholders.
• Interact with regulators (OCC and Federal Reserve) and Internal Audit to explain validation approaches.

Skills

Macroeconomic forecasting

Model validation

Communication skills

Statistical analysis

Python

SAS

R

Education

Bachelor’s degree in a quantitative field

MA/MS in a quantitative field

PhD in a quantitative field

Tools

Python

SAS

R

Job description

U.S. Bank seeks a Quantitative Model Validation Analyst within Risk Management and Compliance to independently validate macroeconomic forecasting models used in regulatory and business planning.

You will assess model risk, performance, and design through rigorous testing and reporting. The role requires strong analytical skills, experience with econometric modelling, time-series analysis, and the ability to communicate complex quantitative concepts to diverse audiences across Risk, Finance, and