Model Jobs in Northbrook, IL (NOW HIRING)

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
NOTE: 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 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:

• 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 the E-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: $98,345.00 - $115,700.00
U.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.