U.S. Bank Job - 32376111 | CareerArc
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Company: U.S. Bank
Location: United States of America
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

U.S. Bank is hiring a Quantitative Modeling Analyst in our new Enterprise Fraud Strategy team.


The Quantitative Modeling Analyst position creates, validates, tests, documents, implements, and/or oversees usage of complex statistical models. The models may cover a variety of products or services; however, all models are used as part of the financial decision-making or fraud detection processes. Specific results focus on documenting the creation and/or testing of advanced statistical models and communicating such models to stakeholders within the Bank. Deliverables include the creation of model development and/or validation documentation such as: presentations, written reports, model or reporting code documentation, business requirements, monitoring reports and related code, and procedures.





Qualifications

Basic Qualifications
- Bachelor's degree in a quantitative field, and five to eight years of experience

  in statistical modeling OR
- Master's or PhD degree in a quantitative field, and less than five years of  

  experience in statistical modeling

Preferred Skills/Experience

- Advanced understanding of applicable laws, regulations, financial services,

  and regulatory trends that affect assigned line of business

- Strong statistical modeling background based on technical training or

  advanced education in a quantitative field

- Advanced knowledge of various regression techniques, parametric and non-

  parametric algorithms, times series techniques, and other statistical models,

  various model validation tests/methodologies, using SAS or similar statistical

  package

- Strong data compilation, programming skills and qualitative analysis skills

- Advanced knowledgeable of quantitative and qualitative risk factors, industry

  risks, competition risks, and risk management approaches

- Demonstrated independence, team work and leadership skills

- Strong project management skills

- Excellent written and verbal communication skills

- Analytical Abilities / Financial Acumen – Systematic application of a

  combination of inductive and deductive reasoning to examine information,

  interpret results, and arrive at well-founded logical conclusions

- Experience coding in various languages (SQL, R, Python, SAS, etc) to explore

  and perform analytical analysis on large, disparate and complex data

- Advanced user of analytics data visualization tools, such as Tableau

- Demonstrated project management, organization skills, and Agile experience

- Thorough knowledge of fraud, strategic planning, and banking operations

- Comprehensive knowledge of bank systems, banking documents, and

  financial products including credit cards, ACH transactions, wires, checks and

  other electronic transfers


 


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