Hybrid Quantitative Model Analyst

Posted 5 days ago

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About the role

  • Quantitative Model Analyst supporting valuation and modeling of Mortgage Servicing Rights at U.S. Bank. Focusing on mortgage analytics, assumptions development, and monitoring in a collaborative environment.

Responsibilities

  • Support initiatives in the area of the valuation and modeling of Mortgage Servicing Rights (MSRs)
  • Contribute toward mortgage and valuation analytics, including model/assumption development, documentation, and monitoring
  • Specific areas of focus may include the modeling of: mortgage prepayments, mortgage delinquencies and foreclosures, interest rate modeling, term structure and stochastic valuation modeling
  • Work is performed independently following training

Requirements

  • Bachelor’s degree in a quantitative field, and less than two years of relevant experience
  • Basic knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models
  • Basic data compilation, programming skills and qualitative analysis skills
  • Basic knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
  • Basic knowledge of applicable regulatory rules, guidance, or supervisory letters
  • Ability to manage multiple tasks across various timelines
  • Strong analytical, organizational, problem-solving, negotiation, and project management skills
  • Effective interpersonal, verbal and written communication skills

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

Job title

Quantitative Model Analyst

Job type

Experience level

JuniorMid level

Salary

$81,515 - $95,900 per year

Degree requirement

Bachelor's Degree

Location requirements

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