Job Description

Overview

Senior Model Validation Analyst Compliance & Financial Crimes (AML, Cybersecurity, Fair Lending) U.S. Bank. This is an individual contributor role in the Bank's Second Line of Defense Risk Management and Compliance organization, supporting the Model Risk Management (MRM) program. The Analyst validates models related to Compliance and Financial Crimes (including Anti-Money Laundering, Cybersecurity, Economic Sanctions / OFAC, and Fair Lending), and may interface with regulators and internal auditors to discuss validation outcomes.

Responsibilities

• Independently challenge the model\'s conceptual framework, methodology, data integrity and usage, implementation framework, governance, and ongoing performance during validation.
• Generate reporting to document observations and present them to model owners and developers; identify material concerns or weaknesses.
• Track corrective actions by model risk owners and follow remediation progress.

Basic Qualifications

• Bachelor\'s degree in a quantitative field with at least 8 years of relevant experience
• OR MA / MS in a quantitative field with five or more years of related experience
• OR PhD in a quantitative field with four or more years of related experience

Preferred Skills / Experience

• Self-motivated, able to work with varying levels of guidance
• Strong mathematical and statistical modeling or model validation experience
• Advanced understanding of applicable compliance laws, regulations, financial services, and regulatory trends affecting the assigned line of business
• Prior exposure to validation or development of models in BSA / AML, Cybersecurity, Fair Lending, Economic Sanctions, etc.
• Ability to build relationships with stakeholders across multiple levels and backgrounds
• Working knowledge of various Machine Learning methods
• Excellent verbal and written communication skills; ability to explain complex ideas in simple, non-technical language
• Strong mathematical analysis skills using statistical methods and techniques
• Understanding of internal MRM policies and regulatory guidance to confirm compliance
• Ability to read, interpret, and apply internal MRM policies and regulatory rules

Note: This role offers a hybrid / flexible schedule with in-office expectation of 3+ days per week and flexibility to work from other locations on other days.

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

• Healthcare (medical, dental, vision)
• Basic and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) with employer contributions
• Paid vacation (25 weeks depending on salary grade and tenure)
• Up to 11 paid holidays
• Adoption assistance
• Sick and Safe Leave accruals

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 by law.

E-Verify: U.S. Bank participates in the U.S. DHS E-Verify program where applicable. Learn more about E-Verify.

The salary range reflects figures based on the primary location; actual range may differ by location. Pay range : $119,765.00 - $140,900.00. In addition to salary, U.S. Bank offers a comprehensive benefits package; eligibility requirements apply.

U.S. Bank will consider qualified applicants with arrest or conviction records. Background checks are conducted consistent with applicable local laws and corporate policies. Applicants must be able to comply with U.S. Bank policies and Code of Ethics and Business Conduct.

Posting may be closed earlier due to high volume of applicants.

Job Tags

Similar Jobs