Quantitative Model Analyst 3 - AML

Job Description This role is an individual contributor position within the Bank’s Enterprise Financial Crime Compliance (EFCC) organization. The person will join a team of FIU analysts focusing on the ongoing monitoring, testing, and governance of AML Transaction Monitoring models. The analyst partners closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior, identify emerging risks, and support enhancements to AML monitoring capabilities across the enterprise. Essential Functions Execute and document periodic testing, validation support, and performance reviews in alignment with regulatory expectations and internal risk standards. Review and challenge model behavior, limitations, and assumptions; identify potential control gaps and recommend remediation actions. Conduct comprehensive code reviews and code change assessments for AML Transaction Monitoring models to ensure alignment with documented intent, coding standards, and regulatory requirements. Provide clear, constructive feedback to model and code owners, supporting effective issue resolution and continuous improvement. Maintain and enhance internal tracking tools supporting code review and governance activities. Assess model threshold and sampling soundness through below-the-line (BTL) reviews and support ongoing calibration decisions. Prepare and present materials for audiences including senior leadership, Model Risk Management, Corporate Audit, and regulatory partners. Basic Qualifications Bachelor’s degree in a quantitative field and five or more years of relevant experience MA/MS in a quantitative field and three or more years of related experience PhD in a quantitative field and less than two years of related experience Preferred Skills/Experience Experience working with quantitative models, analytics, or monitoring frameworks in a regulated environment Proficiency in SAS, SQL, and Python for data analysis, testing, and automation Strong analytical skills with attention to detail and the ability to evaluate complex model behavior Experience supporting AML/BSA Transaction Monitoring systems or financial crime detection tools; understanding of AML best practices and regulatory expectations Ability to work independently while managing multiple priorities in a fast‑paced environment Ability to clearly communicate (verbally and in writing) model performance, risks, and recommendations, tailoring technical depth to the target audience Self‑directed problem solver who identifies gaps and resolves issues independently 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. Enabling disability accommodations: For applicants requiring accommodations, refer to the disability accommodations for applicants process. Benefits 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 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. Pay Range Pay Range: $98,175.00 - $115,500.00 Background Checks and Compliance 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. U.S. Bank conducts background checks consistent with applicable local laws and federal guidelines. Certain positions may also be subject to additional regulatory requirements such as FINRA, NMLS registration, Reg Z, Reg G, OFAC, NFA, FCPA, the Bank Secrecy Act, the SAFE Act and other applicable guidelines. Equal Opportunity Employer 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. #J-18808-Ljbffr U.S. Bank