Quantitative Model Analyst in Hopkins, Minnesota

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.