Validation Lead, Credit Risk Models (CCAR/CECL)

U.S. Bank; New York (NY); Hybrid; USD 164,000 - 193,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

Job summary

U.S. Bank seeks an experienced Model Validation Manager to lead validation for residential mortgage and retail credit loss forecasting models, spanning CCAR and CECL requirements.

You’ll oversee validation activities, partner with senior stakeholders, and drive continuous improvements across risk models. You will build and mentor a high-performing team, ensuring rigorous analyses, credible challenge, and timely remediation while coordinating with regulators and internal audit.

Qualifications

• Bachelor’s degree and 9+ years of relevant experience.
• 5+ years leading a quantitative modeling team.
• Strong knowledge of model validation practices and risk management.

Responsibilities

• Lead and develop a analytics team validating mortgage and credit loss models.
• Oversee end-to-end validation, including pre-implementation and ongoing reviews.
• Drive rigor in validation analyses and communicate findings to stakeholders.
• Manage remediation and regulatory interactions related to model risk.

Skills

Model validation

Leadership

SAS

Regression techniques

Time series analysis

Data analysis

Programming

Regulatory knowledge

Stakeholder management

Education

Bachelor's degree

MA/MS/PhD preferred

Tools

SAS

Job description

U.S. Bank seeks an experienced Model Validation Manager to lead validation for residential mortgage and retail credit loss forecasting models, spanning CCAR and CECL requirements.

You’ll oversee validation activities, partner with senior stakeholders, and drive continuous improvements across risk models. You will build and mentor a high-performing team, ensuring rigorous analyses, credible challenge, and timely remediation while coordinating with regulators and internal audit.