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Quantitative Model Validation Analyst Jobs (NOW HIRING)

In addition, the Senior Quantitative Analyst provides highly specialized quantitative analytical ... The Model Validation (MV) group is a centralized model risk management function within the Bank.

Perform hands-on quantitative model validation/review under supervision. This includes testing the ... One year of relevant analytics or modeling experience, or a graduate degree in a related field

Director, Model Validation

Manhattan, NY · Hybrid

$150K - $261K/yr

Analyze complex payoff structures and produce accurate pricing, Greeks, and scenario analyses ... Mentor junior quants and contribute to long‑term quantitative research initiatives. * Collaborate ...

Director, Model Validation

New York, NY · On-site

$150K - $261K/yr

Analyze complex payoff structures and produce accurate pricing, Greeks, and scenario analyses ... Mentor junior quants and contribute to long-term quantitative research initiatives. * Collaborate ...

FIVE (5) or more years of experience in model validation, model risk management, data science, quantitative analysis, or advanced analytics * Experience validating ML, statistical, and predictive ...

FIVE (5) or more years of experience in model validation, model risk management, data science, quantitative analysis, or advanced analytics * Experience validating ML, statistical, and predictive ...

FIVE (5) or more years of experience in model validation, model risk management, data science, quantitative analysis, or advanced analytics * Experience validating ML, statistical, and predictive ...

FIVE (5) or more years of experience in model validation, model risk management, data science, quantitative analysis, or advanced analytics * Experience validating ML, statistical, and predictive ...

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Quantitative Model Validation Analyst information

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$56.5K

$133.9K

$240K

How much do quantitative model validation analyst jobs pay per year?

As of Jun 7, 2026, the average yearly pay for quantitative model validation analyst in the United States is $133,877.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,500.00 and $145,500.00 per year, depending on experience, location, and employer.

What are Quantitative Model Validation Analysts?

Quantitative Model Validation Analysts are professionals who assess and validate financial models used by banks and financial institutions. They ensure that these models are accurate, reliable, and comply with regulatory standards. Their work involves testing model assumptions, reviewing model methodologies, and analyzing model outputs to identify potential risks or weaknesses. By providing an independent review, they help organizations maintain the integrity and performance of their risk management and financial forecasting tools.

What are some typical challenges faced by Quantitative Model Validation Analysts when assessing complex financial models?

Quantitative Model Validation Analysts often encounter challenges such as interpreting intricate model methodologies, ensuring data integrity, and effectively communicating technical findings to stakeholders who may not have a quantitative background. Additionally, staying current with evolving regulatory requirements and industry standards can be demanding. Collaborating closely with model developers, risk managers, and auditors is crucial to address model limitations and propose actionable improvements, making strong communication and analytical skills essential for success in this role.

What is the difference between Quantitative Model Validation Analyst vs Quantitative Risk Analyst?

AspectQuantitative Model Validation AnalystQuantitative Risk Analyst
CredentialsTypically requires a degree in finance, mathematics, or statistics; certifications like CFA or FRM are commonSimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentFocuses on validating models used in risk management, trading, or credit scoring within financial institutionsAnalyzes and manages financial risk, including market, credit, and operational risks in banking or investment firms
Industry UsageCommonly employed in banking, asset management, and insurance sectorsWidely used in banking, hedge funds, and financial services

The main difference is that Quantitative Model Validation Analysts focus on testing and validating models to ensure accuracy and compliance, while Quantitative Risk Analysts assess and manage overall financial risks. Both roles require strong quantitative skills and often overlap in credentials and work environments, but their core responsibilities differ in scope and focus.

What are the key skills and qualifications needed to thrive as a Quantitative Model Validation Analyst, and why are they important?

To thrive as a Quantitative Model Validation Analyst, you need a strong background in quantitative finance, statistics, and programming, typically supported by a degree in mathematics, finance, or a related field. Familiarity with statistical software such as Python, R, MATLAB, and model risk management frameworks is essential, and certifications like FRM or CFA are advantageous. Analytical thinking, attention to detail, and effective communication skills set top performers apart by enabling them to explain complex model risks and recommendations clearly. These skills and qualities are vital for ensuring the accuracy, reliability, and regulatory compliance of financial models within an organization.
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Quantitative Model Analyst in Hopkins, Minnesota

Quantitative Model Analyst in Hopkins, Minnesota

U.S. Bank

Hopkins, MN • On-site

$76K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 345 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 Description
U.S. Bank is seeking the position of Quantitative Model Analyst in Hopkins, Minnesota.
Essential Responsibilities:
The Quantitative Model Analyst will design, build, and enhance complex models for Mortgage Servicing Rights (MSR) assets, support the creation and refinement of MSR pricing tools, perform accurate valuations, and leverage analytical tools to optimize and streamline modeling workflows. The position also involves conducting detailed competitor pricing analyses and developing interactive dashboards and reporting solutions to facilitate strategic decision-making at the executive level. This Quantitative Model Analyst collaborates with cross-functional teams to automate analytical processes, improve data integrity and accuracy, and streamline month-end reporting activities. Additional responsibilities include presenting analytical findings to stakeholders, performing price-discovery analyses for Jumbo loan products, and contributing to CCAR (Comprehensive Capital Analysis and Review) stress-testing through rigorous model analysis, validation, and scenario testing. The Quantitative Model Analyst also prepares regulatory documentation, supports SOX audit compliance, actively participates in survey and broker meetings, and drives continuous improvement in risk-management methodologies, modeling practices, and analytical frameworks across the organization. Position may allow working from home within a commuting distance of worksite location. Multiple Positions.
Basic Qualifications:
Requires a Master's degree in Statistics or Mathematical Finance plus 1 year of quantitative modeling, risk analysis, and financial analytics experience.
Required Skills/Experience:
Must possess 1 year of experience with all of the following: developing, validating, testing, and documenting advanced statistical and financial models using Quantis, Bloomberg Terminal data feeds, and advanced Microsoft Excel and VBA (including complex formulas and automation techniques); implementing and optimizing models within established stress testing and scenario analysis frameworks; supporting business and risk management decisions across liquidity, credit, and interest rate risk domains; designing and executing stress test models for liquid portfolios using Bloomberg Terminal analytics, integrated risk and performance dashboards, and issuer-level credit limit monitoring systems; conducting peer model reviews to ensure robustness and alignment with regulatory and risk requirements; performing detailed equity and portfolio attribution analysis using Bloomberg Terminal, MFI Explorer, and Excel-based analytics; developing dynamic dashboards and automated reporting solutions in Microsoft Excel and VBA; supporting data-driven investment decision-making; preparing analytical reports, visualizations, technical documentation, validation reports, and executive presentations; performing stress testing and scenario analysis using structured frameworks and quantitative tools; analyzing financial and risk data from Bloomberg Terminal and internal risk systems; applying advanced statistical and workflow optimization techniques to enhance model performance, data processing efficiency, and reporting accuracy; collaborating with cross-functional teams to improve modeling processes, reporting infrastructure, and operational workflows; and leveraging risk management tools and dashboards to support strategic and operational decision-making.
Base pay range may vary if an offer is made for work in a different location. Pay Range: $76,336.00 - $ 136,500.00. (#LI-NDI #LI-DNI #LI-DNP #DE-DNP #IND-DNP)
  • The examination for this position may include an additional supplemental questionnaire. Improper or missing responses could affect your application.
  • This position is not eligible for 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.
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 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.

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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

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