Quantitative Modeler Manager

5 hours ago


Charlotte, North Carolina, United States U.S. Bank Full time
Job Description

U.S. Bank is seeking a highly skilled Quantitative Modeler Manager to join our team in Charlotte, NC. As a key member of our Financial Intelligence Unit, you will be responsible for leading and working with team members to create, test, document, implement, and oversee the usage of complex statistical and Machine Learning models.

Essential Responsibilities:
  • Partner with Enterprise Financial Crimes Compliance group and the Financial Intelligence Unit team to develop and implement transaction monitoring applications, approaches, and processes.
  • Collaborate with stakeholders to design and implement data environments and resources to support analysis of transaction monitoring programs.
  • Develop and maintain professional program/reporting documentation in support of AML Transaction Monitoring and related reporting.
  • Construct and present materials for audiences including senior leadership, CAS, regulatory and business partners.
  • Research and evaluate data quality on big datasets and determine suitability for model building.
  • Develop and maintain internal models and test/configure vendor solutions to ensure conceptually sound design, proper implementation, and acceptable model performance.
  • Apply innovative techniques to drive continuous improvements in model effectiveness and efficiency.
  • Provide strategic consultation and thought leadership to senior/executive level business partners.
Basic Qualifications:

This position requires a PhD degree or equivalent in statistics, mathematics, computer science, data science, or engineering and 3 years of quantitative modeling experience in the financial industry. Will accept a Master's degree in the same fields and 5 years of quantitative modeling experience in the financial industry.

Required Skills/Experience:
  • Applying statistical principles and machine learning algorithms to develop and optimize models for acquisition and transaction for defending financial crimes.
  • Working in transaction monitoring related data environments and with related resources in order to support and develop an analysis of transaction monitoring programs.
  • Technical implementations, including collection and refinement of user requirements, data ETL design, and development of control processes.
  • Applying knowledge of common Financial Crime Investigations workflows and procedures and of financial crime regulatory requirements, technology, and data analysis.
  • Performing work using the following tools and technologies: Python (Pandas, NumPy, Scikit Learn), SQL, SAS, Spark, Hadoop, AWS, Distributed Computation and Unix Shell.

This position is with U.S. Bank National Association, a U.S. Bank company. Pay Range: $90,043 - $155,000.

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

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.



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