Quantitative Model Validation Analyst - Wholesale & Small Business Credit Loss

• Conduct independent validation of the Bank's wholesale and small business portfolio credit loss forecasting models supporting CCAR stress testing and CECL requirements.
• Evaluate model conceptual soundness, the reasonableness of assumptions, the reliability of data, the appropriateness of performance metrics, the effectiveness of model monitoring, and the adequacy of implementation testing.
• Design and execute validation testing, including benchmarking, sensitivity analysis, and outcome analysis, to assess model limitations, uncertainty, assumption risk, and forecast reasonableness.
• Identify emerging risks and assess the impact of evolving market conditions on model performance, conducting research to evaluate potential model degradation and associated model risk.
• Document and communicate validation outcomes and findings, ensuring model risks are accurately identified, timely escalated, and clearly understood by stakeholders and regulators.
• Support departmental initiatives to enhance validation practices, streamline validation processes, and leverage advanced tools and technologies to improve efficiency and effectiveness.

Basic Qualifications

• Bachelor's degree in a quantitative field, and five or more years of relevant experience

OR

• MA/MS in a quantitative field, and three or more years of related experience

OR

• PhD in a quantitative field, and less than two years of related experience

• Master's or Ph.D. degree in a quantitative discipline with a strong academic record.
• Proficiency in Python, SAS, or other analytical programming languages.
• Experience working with complex datasets, regression methodologies, and statistical diagnostic tests.
• Strong technical writing and communication skills, with attention to detail in documentation and reporting.
• Experience leveraging AI tools and agents to support coding, research, and process efficiency.
• Strong problem-solving and research skills, with the ability to investigate complex issues, identify root causes, and develop practical business solutions.
• Ability to work independently and collaboratively in a team environment, manage multiple priorities, and respond effectively to time-sensitive requests.

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here .

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.