Our Ability Jobs

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

The Quantitative Execution & Monitoring Manager will be responsible for overseeing the execution and monitoring of models/systems owned by Corporate Treasury and used for capital, liquidity, and interest rate risk management, as well as baseline financial forecasting. The position involves partnering with various functions across the organization, including asset liability management, quantitative model development, and model risk management, among others. An ideal candidate will have proficiency in Python/SQL coding, prior experience designing and/or operating within a production environment, experience writing and proofreading technical documentation, and demonstrated leadership.

Responsibilities:

• Oversee the end-to-end process of executing models/systems in a production environment, including the staging of input data, execution of Python production code, and posting of output.

• Develop and maintain a pipeline for delivering production output to downstream applications and/or environments.

• Create and maintain controls to ensure accuracy and completeness of production output.

• Proofread and finalize formal model monitoring reports published quarterly and delivered to various parties, including internal Model Risk Management and external regulators.

• Develop dashboards and other reporting tools used to communicate production/monitoring results to senior leadership.

• Manage a team of analysts with a focus on talent development.

Basic Qualifications

• Bachelor’s degree in a quantitative field, and 10 or more years of relevant experience

OR

• MA/MS in a quantitative field, and six or more years of related experience

OR

• PhD in a quantitative field, and five or more years of related experience

Preferred Skills/Experience

• Proficiency in Python and SQL

• Experience designing and/or operating within a production environment

• Knowledge of data warehousing, data structures and data quality assurance testing

• Experience creating automated reporting using LaTeX or similar software

• Knowledge of cash flows and portfolio valuation methods

• General knowledge of banking, finance, economics, accounting and/or stress testing

• Excellent written and verbal communication skills

• Demonstrated leadership skills

• Experience with Essbase a plus

NOTE: This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the 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 (https://careers.usbank.com/global/en/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 (some may vary based on role, location or hours):

• 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

EEO is the 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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.

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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. 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). Pay Range: $123,165.00 - $144,900.00 - $159,390.00

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.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.