At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Job Description

U.S. Bank is seeking the position of Quantitative Model Analyst, Assistant VP (multiple positions) in Hopkins, MN.

Essential Responsibilities:

• Support Comprehensive Capital Analysis and Review (CCAR) of Mortgage Servicing Rights (MSRs).
• Support initiatives in mortgage servicing valuation, particularly on P&L attribution analysis.
• Conduct model/assumption development, documentation, and monitoring.
• Monitor performance of current delinquency models, short-term and long-term default probability models.
• Convert all existing VBA script into Python script.

Basic Qualifications:

Requires a Master's degree in economics, Finance, Mathematics, Statistics, or a related field, and 2 years of experience as a Financial Quantitative Analyst or in a related occupation.

Required Skills/Experience:
Position also requires experience with market impact analysis and 2 years of experience with each of the following: C#, Discounted Cashflow models, JAVA, Matlab, mortgage servicing analytics, Mortgage Servicing Rights (MSRs), NPV models, Python, R, SAS, SQL, SQL Server, VBA, and VBA models.

Teams may work from home and the office. Base pay range may vary if an offer is made for work in a different location. Pay Range: $73,278.00 - $ 116,400.00 (#LI-NDI #LI-DNI #LI-DNP #DE-DNP).

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

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 (some may vary based on role, location or hours):

• 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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.  

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements).

U.S. Bank accepts applications for this position on an ongoing basis.