Quantitative Model Analyst jobs in United States
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U.S. Bank · 4 hours ago

Quantitative Model Analyst

U.S. Bank is seeking a quantitative model analyst to support initiatives in the area of the valuation and modeling of Mortgage Servicing Rights (MSRs). The analyst will contribute toward mortgage and valuation analytics, including model/assumption development, documentation, and monitoring.

BankingFinancial ServicesInsuranceMortgageWealth Management
badNo H1Bnote

Responsibilities

Support initiatives in the area of the valuation and modeling of Mortgage Servicing Rights (MSRs)
Contribute toward mortgage and valuation analytics, including model/assumption development, documentation, and monitoring
Modeling of: mortgage prepayments, mortgage delinquencies and foreclosures, interest rate modeling, term structure and stochastic valuation modeling
Work is performed independently following training
Responsibilities and opportunities within the department will grow with demonstrated success

Qualification

Quantitative analysisStatistical modelingRegression techniquesSAS programmingProject managementCommunication skillsProblem-solvingOrganizational skills

Required

Bachelor's degree in a quantitative field
Less than two years of relevant experience

Preferred

Basic knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models
Basic knowledge of various model validation tests/methodologies, using SAS or similar statistical package
Basic data compilation, programming skills and qualitative analysis skills
Basic knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
Basic knowledge of applicable regulatory rules, guidance, or supervisory letters
Ability to manage multiple tasks across various timelines
Strong analytical, organizational, problem-solving, negotiation, and project management skills
Effective interpersonal, verbal and written communication skills
MA/MS degree preferred

Benefits

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

Company

U.S. Bank

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At U.S.

Funding

Current Stage
Public Company
Total Funding
$991M
Key Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO

Leadership Team

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John C Stern
CFO
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C
Chris Lenhart
Executive Vice President & Deputy General Counsel
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Company data provided by crunchbase