Credit Risk Modeling Transformation Manager

Quantitative Manager

We are looking for a strategic and results-driven quantitative manager to lead transformation initiatives within the Credit Risk Model Operations and Strategy team, part of the Model Development and Decision Science (MDDS) organization. This role will focus on redesigning and optimizing key processes across the model lifecycleincluding implementation, production, and performance monitoringto enhance efficiency and scalability.

About the CRA Team

We are a highly dynamic and talented team which delivers on our mission through four pillars : Customer, Process, Talent, and Data.

Vision | We create the future of credit risk management through data, analytics, and risk process innovation for our customers.

Mission | We deliver data-driven information solutions to protect our stakeholders and inform the most significant financial decisions in the bank.

Values | In addition to U.S. Bank core values, we prioritize collaboration, integrity, simplicity, and continuous learning.

About the Role

In this role, you will be responsible for designing systems and processes for model development, production, monitoring, and implementation. The models support loan portfolio stress testing (CCAR), the allowance for credit losses (ACL / CECL), counterparty risk, climate risk, and commercial risk rating scorecards. The ideal candidate will have hands-on experience in system design, a strong foundation in data science, and proficiency in quantitative programming languages.

Key Activities

This role centers on redesigning processes to be modular, scalable, and well-controlled. The emphasis is on building strong architectural foundations that support repeatable processes, improve efficiency, and facilitate automation.

The processes in scope for this role include :

• Model development build repeatable, standardized processes and tools for model development.
• Implementation scalable tools to onboard models into production.
• Production platforms for executing models for core production purposes.
• Monitoring automated systems to track and assess model performance.
• Reporting integrations and pipelines for dashboards and formatted output delivery.

Core Competencies :

Basic Qualifications

Preferred Skills / Experience

The role offers a hybrid / flexible schedule, which means theres 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 theres 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.

Our approach to benefits and total rewards considers our team members whole selves and what may be needed to thrive in and outside work. Thats 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) :

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.

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.

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 : $143,905.00 - $169,300.00