Quantitative Model Development Analyst – Credit Modeling

U.S. Bank

. Support development and implementation of expected loss forecasting models for Commercial Real Estate and Small Business portfolios .

Posted 9/21/2026full-timeUnited StatesMid-LevelSenior💰 $98,175 - $115,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in developing and implementing credit risk models in compliance with financial regulations such as CECL and CCAR, while effectively communicating model functions to stakeholders. Proficient in data analysis, model performance monitoring, and maintaining alignment with risk management policies.

Highest-signal resume keywords

Credit Risk ModelingPython ProgrammingSAS ProgrammingModel Performance MonitoringBanking Regulation Knowledge

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Credit Risk ModelsData Quality ReviewQuantitative AnalysisStatistical Model FunctionsBacktesting ReviewData CompilationModel ValidationProject ManagementVersion ControlFinancial Metrics

Soft Skills

Effective CommunicationAnalytical SkillsOrganizational SkillsProblem-Solving SkillsTeamwork

Tools & Technologies

Git

Industry Keywords

Commercial Real EstateSmall Business PortfoliosStress TestingCredit ReservesRisk Management Policies

Tech Stack

Tools & technologies

Python

About the role

Key responsibilities & impact

Support development and implementation of expected loss forecasting models for Commercial Real Estate and Small Business portfolios
Develop credit risk models aligned with financial and regulatory requirements, including CECL and CCAR
Maintain consistency with the Bank’s risk management policies, procedures, and practices
Collaborate with credit portfolio risk management, corporate finance, external reporting, model validation, and audit services
Communicate statistical model functions and predictions to stakeholders
Integrate credit risk modeling into business-as-usual activities
Support model performance monitoring, including backtesting review and investigation of unexpected results
Support wholesale data development and maintenance
Prepare written model technical documents and oral and written presentations

Requirements

What you’ll need

Bachelor’s degree in a quantitative field, and five or more years of relevant experience OR MA/MS in a quantitative field, and three or more years of related experience OR PhD in a quantitative field, and less than two years of related experience
Understanding of banking, financial metrics, and credit risk management
Knowledge of banking regulation and requirements for stress testing and credit reserves
Effective verbal and written communication skills
Programming experience in Python and SAS
Experience in building credit models for commercial exposures
Experience working with internal model validation and model risk management
Thorough data compilation, data quality review, and qualitative analysis skills
Strong analytical, organizational, problem-solving, negotiation, and project management skills
Ability to manage multiple tasks across various timelines
Demonstrated independence, teamwork and leadership skills
Code management and version control using Git
Experience with model performance monitoring
Must work from a U.S. Bank location three or more days per week
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
Must comply with applicable employment eligibility verification requirements

Benefits

Comp & perks

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
Incentive and recognition programs
Equity stock purchase
401(k) contribution and pension