... internal risk standards. The position also requires clear communication of model performance ... in a quantitative field, and three or more years of relevant experience OR - MA/MS in a ...
... internal risk standards. The position also requires clear communication of model performance ... in a quantitative field, and three or more years of relevant experience OR - MA/MS in a ...
... internal risk standards. The position also requires clear communication of model performance ... MA/MS in a quantitative field, and less than three years of related experience Preferred Skills ...
... internal risk standards. The position also requires clear communication of model performance ... MA/MS in a quantitative field, and less than three years of related experience Preferred Skills ...
... high-risk matters. • Quantitative Modeling Support: Develop and update quantitative models in Microsoft Excel to support claims analysis, projections, and scenario evaluation. Perform lower ...
... high-risk matters. • Quantitative Modeling Support: Develop and update quantitative models in Microsoft Excel to support claims analysis, projections, and scenario evaluation. Perform lower ...
... associate, you are joining a culture that is built on values of succeeding together, finding a ... Establish and monitor vendor scorecards (quantitative and qualitative measures of performance ...
... associate, you are joining a culture that is built on values of succeeding together, finding a ... Establish and monitor vendor scorecards (quantitative and qualitative measures of performance ...
Wire and ACH Funds Transfer Associate The Wire and ACH Funds Transfer Associate supports Wire and ... Investigate disputes or suspicious activity and report fraud to the Risk Analyst, CTO, and Director ...
Wire and ACH Funds Transfer Associate The Wire and ACH Funds Transfer Associate supports Wire and ... Investigate disputes or suspicious activity and report fraud to the Risk Analyst, CTO, and Director ...
... associate, you are joining a culture that is built on values of succeeding together, finding a ... Establish and monitor vendor scorecards (quantitative and qualitative measures of performance ...
... associate, you are joining a culture that is built on values of succeeding together, finding a ... Establish and monitor vendor scorecards (quantitative and qualitative measures of performance ...
... associate, you are joining a culture that is built on values of succeeding together, finding a ... Establish and monitor vendor scorecards (quantitative and qualitative measures of performance ...
... associate, you are joining a culture that is built on values of succeeding together, finding a ... Establish and monitor vendor scorecards (quantitative and qualitative measures of performance ...
Credit Risk, which independently oversees the management of credit risk exposures (including ... Ability to perform quantitative and qualitative analysis, and to document conclusions in an ...
Credit Risk, which independently oversees the management of credit risk exposures (including ... Ability to perform quantitative and qualitative analysis, and to document conclusions in an ...
... quantitative and qualitative risk analysis. - Excellent analytical skills with a strong attention to detail and the ability to synthesize complex information. -Ability to travel. Key Candidate ...
... quantitative and qualitative risk analysis. - Excellent analytical skills with a strong attention to detail and the ability to synthesize complex information. -Ability to travel. Key Candidate ...
This means the development and analysis of robust projection models and consulting with senior ... quantitative field * ASA designation required; working toward FSA * Experience operating beyond ...
This means the development and analysis of robust projection models and consulting with senior ... quantitative field * ASA designation required; working toward FSA * Experience operating beyond ...
This means the development and analysis of robust projection models and consulting with senior ... quantitative field * ASA designation required; working toward FSA * Experience operating beyond ...
This means the development and analysis of robust projection models and consulting with senior ... quantitative field * ASA designation required; working toward FSA * Experience operating beyond ...
Sr Credit Officer Risk
Waite Park, MN · On-site +1
Credit Analysis and Decision Making * Analyzes financial and supporting information submitted for ... Meets with clients to provide quantitative assessments of financial performance in relation to ...
Sr Credit Officer Risk
Waite Park, MN · On-site +1
Credit Analysis and Decision Making * Analyzes financial and supporting information submitted for ... Meets with clients to provide quantitative assessments of financial performance in relation to ...
One of its key functions is to integrate, in close collaboration with Model Risk Officers, these ... Required Qualifications: * 5+ years of Quantitative Analytics experience, or equivalent ...
New
One of its key functions is to integrate, in close collaboration with Model Risk Officers, these ... Required Qualifications: * 5+ years of Quantitative Analytics experience, or equivalent ...
New
The program provides experience in a variety of quantitative topics such as stress test modeling, analyzing financial institution portfolios, and model risk management and validation. Program ...
The program provides experience in a variety of quantitative topics such as stress test modeling, analyzing financial institution portfolios, and model risk management and validation. Program ...
The program provides experience in a variety of quantitative topics such as stress test modeling, analyzing financial institution portfolios, and model risk management and validation. Program ...
The program provides experience in a variety of quantitative topics such as stress test modeling, analyzing financial institution portfolios, and model risk management and validation. Program ...
The program provides experience in a variety of quantitative topics such as stress test modeling, analyzing financial institution portfolios, and model risk management and validation. Program ...
The program provides experience in a variety of quantitative topics such as stress test modeling, analyzing financial institution portfolios, and model risk management and validation. Program ...
Audit Project Manager - Model Risk
Minneapolis, MN · On-site
$108.60K - $142.50K/yr
This role does not require quantitative or modeling expertise. Instead, it requires strong audit ... Includes identifying and analyzing business processes, key risks and critical controls ...
Audit Project Manager - Model Risk
Minneapolis, MN · On-site
$108.60K - $142.50K/yr
This role does not require quantitative or modeling expertise. Instead, it requires strong audit ... Includes identifying and analyzing business processes, key risks and critical controls ...
The Associate Marketing Analyst - E-Commerce will drive qualitative analysis for Graco's Ecommerce ... Strong analytical and quantitative problem-solving ability. * Excellent communication skills, with ...
The Associate Marketing Analyst - E-Commerce will drive qualitative analysis for Graco's Ecommerce ... Strong analytical and quantitative problem-solving ability. * Excellent communication skills, with ...
Senior Strategy Analyst
Minneapolis, MN · On-site
... sound risk judgement. You'll partner closely with Data Science, Engineering, Project, and ... Elite quantitative & analytical skills. Proven ability to drive analytical projects and insights ...
Senior Strategy Analyst
Minneapolis, MN · On-site
... sound risk judgement. You'll partner closely with Data Science, Engineering, Project, and ... Elite quantitative & analytical skills. Proven ability to drive analytical projects and insights ...
Senior Strategy Analyst
Minneapolis, MN · On-site
... sound risk judgement. You'll partner closely with Data Science, Engineering, Project, and ... Elite quantitative & analytical skills. Proven ability to drive analytical projects and insights ...
Quick apply
Senior Strategy Analyst
Minneapolis, MN · On-site
... sound risk judgement. You'll partner closely with Data Science, Engineering, Project, and ... Elite quantitative & analytical skills. Proven ability to drive analytical projects and insights ...
Associate Quantitative Risk Analyst information
What are the key skills and qualifications needed to thrive as an Associate Quantitative Risk Analyst, and why are they important?
To thrive as an Associate Quantitative Risk Analyst, you need a strong background in mathematics, statistics, finance, and data analysis, typically supported by a relevant degree such as in finance, mathematics, or economics. Familiarity with statistical software (like R, SAS, or Python), financial modeling tools, and possibly certifications such as FRM or CFA is highly valuable. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting complex data and presenting findings. These competencies are essential for accurately assessing financial risks and supporting informed decision-making in risk management environments.
What are some common challenges faced by Associate Quantitative Risk Analysts in their first year, and how can they overcome them?
In their first year, Associate Quantitative Risk Analysts often encounter challenges such as adapting to complex financial models, learning to interpret large datasets, and effectively communicating technical findings to non-technical stakeholders. Navigating regulatory requirements and understanding the company's risk management framework can also be demanding. To overcome these obstacles, new analysts should proactively seek mentorship, participate in team discussions, and leverage internal training resources to build both technical and soft skills. Regular collaboration with colleagues in risk, finance, and IT departments can also provide valuable insights and accelerate professional growth.
What are Associate Quantitative Risk Analysts?
Associate Quantitative Risk Analysts are entry- to mid-level professionals who help financial institutions and organizations assess and manage risk using mathematical models and statistical techniques. They analyze data to identify potential risks, develop risk management strategies, and support decision-making processes. Their work often involves using quantitative software, working with large datasets, and collaborating with other risk management and finance professionals. Typically, they have backgrounds in mathematics, statistics, finance, or related fields.
What is the difference between Associate Quantitative Risk Analyst vs Credit Risk Analyst?
| Aspect | Associate Quantitative Risk Analyst | Credit Risk Analyst |
|---|---|---|
| Required Credentials | Bachelor's in finance, economics, or related field; often some familiarity with quantitative methods | Bachelor's in finance, economics, or related field; certifications like CFA or FRM are common |
| Work Environment | Financial institutions, risk management teams, quantitative departments | Banking, lending institutions, credit departments |
| Employer & Industry Usage | Used in risk modeling, data analysis, and quantitative assessments | Focuses on assessing creditworthiness and loan risk |
The Associate Quantitative Risk Analyst primarily focuses on developing models and analyzing data to measure financial risks, often working with quantitative tools. In contrast, a Credit Risk Analyst concentrates on evaluating the creditworthiness of borrowers and managing credit risk. While both roles require similar educational backgrounds and work within financial institutions, their core responsibilities differ—one emphasizes quantitative modeling, the other credit assessment.
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Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 21 days ago
U.S. Bank rating
8.2
Based on 344 frontline employees who took The Breakroom Quiz
38th of 141 rated banks
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 DescriptionNOTE: This position is not eligible for current or future visa sponsorship.
This position will report to the Enterprise Financial Crimes Compliance Financial Intelligence Unit Monitoring Management & Development team. The candidate will develop, validate, test, document, and implement complex statistical models used to monitor suspicious activity within U.S. Bank customer accounts.
The candidate will both take ownership of existing models and support the development of new models designed to identify anomalous transaction activity by Bank customers that is indicative of potential illicit activity. The candidate will receive direction from their manager and other senior analysts, while also working independently on their designated subject matter.
Key responsibilities include creating/developing models, creating/reviewing model documentation, conducting periodic performance assessments, tuning/calibration and ensuring models meet regulatory expectations and internal risk standards.
The position also requires clear communication of model performance, limitations, and findings to stakeholders across compliance, risk, and technology teams. The candidate must have excellent communication skills and be able to tailor communications to multiple target audience with the appropriate level of technical detail for each.
Common deliverables include:
Model development artifacts
Model performance assessments
Documentation of model implementation and monitoring procedures
Business requirements for model integration
Ongoing monitoring reports and related code
Presentations and written summaries for internal and regulatory audiences
Basic Qualifications
- Bachelor's degree in a quantitative field, and three or more years of relevant experience
OR
- MA/MS in a quantitative field, and less than three years of related experience
Preferred Skills/Experience
Experience with internally developed and/or vendor-provided models for transaction monitoring or financial crime detection
Advanced knowledge of statistical modeling techniques and validation methodologies
Strong programming skills in SAS, Python, SQL, or similar
Understanding of AML regulations
Ability to interpret and communicate complex model behavior to non-technical stakeholders
Strong organizational, analytical, and project management skills
Demonstrated ability to work independently and collaboratively across teams
LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.
NOTE: This position is not eligible for current or future visa sponsorship.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability 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:
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.
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 theE-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. 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). Pay Range: $86,360.00 - $101,600.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
What U.S. Bank employees say
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About U.S. Bank
Sourced by ZipRecruiter
U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Minneapolis, MN, US
Year founded
1863