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Quantitative Model Analyst

US Bank
Quantitative Model Analyst
Minnesota, US
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Job Description

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

U.S. Bank is seeking the position of Quantitative Model Analyst (Multiple Positions) in Minneapolis, Minnesota. Duties: Assist in the development of mathematical or statistical theory and machine learning models to collect, organize, interpret, summarize, and estimate numerical data to provide usable information. Create model development and/or validation documentation. Present the results of modeling and data analysis. Perform inaugural validations of models. Support the periodical engagement with regulators and internal audit to discuss justification and reasoning behind validation findings. Support the validation completed by vendors and offshore team, as needed. Support the enhancement of model validation procedures, testing processes and report template.


The position requires a Master’s degree or foreign equivalent degree in Statistics, Mathematics, Engineering/Physics, Analytics/Data Science, Finance, MBA, or closely related field. The qualified candidate must have at least 12 months of commercial or academic experience with statistical modeling and with at least three of the following skills/tools: Hadoop, Informatica, machine learning algorithms, MATLAB, Python, R, SAS, SQL, Tableau, VBA. Telecommuting available anywhere in US. HQ at 800 Nicollet Mall, Minneapolis, MN 55402. All experience may be gained concurrently.

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.

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.


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

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