Financial Risk Quantitative Analyst

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.

Strategic Risk Analytics and Governance provides independent forward-looking risk analysis and governance support across financial risk disciplines. The team conducts second-line reviews and development of financial models and analytical approaches to ensure methodologies, assumptions, and measurements appropriately support risk management and decision-making. We are seeking an experienced Financial Risk Quantitative Analyst with strong quantitative, financial risk, governance, and communication skills who can translate technical observations into clear, actionable recommendations for risk partners and senior management.

Summary Responsibilities

·        Conduct independent, risk-based reviews as well as develop own models and tools supporting the analysis of liquidity, interest rate risk, capital, market risk, stress testing, and related financial risks.

·        Assess whether model purpose, methodology, key assumptions, limitations are appropriate in light of the model’s materiality and intended use.

·        Evaluate model outputs, sensitivities, scenario behavior, performance trends, and business or risk-management use through targeted analysis, benchmarking, and outcomes review.

·        Develop clear, well-supported risk assessments, committee materials, and other documentation.

·        Promote consistency of modeling methodologies and assumptions, across financial risk disciplines.

·        Assess risk implications arising from new products, business changes, market developments, regulatory changes.

·        Maintain awareness of regulatory guidance, supervisory expectations, industry practices, and developments in risk analytics, and translate relevant changes into practical implications for the organization.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than six years of applicable experience

Preferred Skills/Experience
·        Bachelor’s degree or higher in Finance, Economics, Statistics, Mathematics, Data Science, Computer Science, Engineering, Financial Risk Management, or a related quantitative field; an advanced degree is preferred.

·        Three or more years of work experience or equivalent in quantitative risk management, financial risk management, model development, model validation, banking, or a related financial-services field.

·        Strong understanding of quantitative methods and financial risk concepts; experience with liquidity, interest rate risk, capital, market risk, stress testing, or balance-sheet management is preferred.

·        Proficiency in analytical tools and data environments such as SQL, Python, R, along with advanced Microsoft Excel and PowerPoint skills. Experience with AI tools is a plus.

·        Strong leadership, critical-thinking, problem-solving, process-facilitation, project-management, and organizational skills.

·        Excellent written and verbal communication skills, including the ability to explain complex quantitative concepts, articulate effective challenge, and present conclusions to technical and non-technical audiences.

·        Ability to build productive relationships and interact effectively with other quantitative groups, business lines, risk management, and other stakeholders while maintaining independence and sound professional judgment.

·        Ability to manage multiple priorities, work independently, make well-supported decisions, and deliver clear, accurate, and timely work products.

·        Demonstrated commitment to intellectual curiosity, sound governance, documentation quality, transparency, accountability, and continuous improvement.

LOCATION EXPECTATIONS:  This role requires working from a U.S. Bank Location three (3) or more days per week.

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.

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.