Quantitative Model Analyst - Treasury
Company: U.S. Bank
Location: Minneapolis
Posted on: April 2, 2026
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Job Description:
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 NOTE: This position is
not eligible for current or future visa sponsorship. Corporate
Treasury is a division within the CFO group responsible for
providing executive management with accurate, timely, and
comprehensive forecasts of the balance sheet and net interest
income (NII). Another critical Treasury function is the measurement
and analysis of Interest Rate Risk (IRR). This information provides
the framework for the company to position its balance sheet in line
with its risk appetite and expectations for changes in interest
rates. Corporate Treasury’s Asset & Liability Management
Quantitative Finance group supports these efforts by developing
quantitative models and methods that link the Bank’s balance sheet
to the broader macroeconomic environment. Our team is seeking a
strong, decisive, and results-oriented quantitative analyst who
will be responsible for building complex statistical models. These
models may cover a variety of bank products and related functions
and are used as part of Treasury’s financial decision-making
process. Key responsibilities include developing and maintaining
advanced statistical models used for balance sheet forecasting and
interest rate risk analysis. This model development process is
holistic and includes estimating, testing, documenting,
implementing, and maintaining macroeconomic forecasting model
frameworks. The role also involves communicating modeling
approaches and results to stakeholders across the bank.
Deliverables include model development documentation such as
presentations, written reports, model or reporting code
documentation, business requirements, monitoring reports and
related code, and procedures. Basic Qualifications - 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 Preferred
Skills/Experience - Thorough knowledge of various regression
techniques, parametric and non-parametric algorithms, times series
techniques, and other statistical models, various model validation
tests/methodologies, using Python or similar statistical package -
Thorough data compilation, programming skills and qualitative
analysis skills - Thorough knowledge of the quantitative and
qualitative risk factors, industry risks, competition risks, and
risk management approaches - Advanced understanding 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 - Demonstrated independence, teamwork and
leadership skills - Effective interpersonal, verbal and written
communication skills LOCATION EXPECTATIONS: This role requires
working from a U.S. Bank Location three (3) or more days per week.
NOTE: This position is not eligible for current or future visa
sponsorship. 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 .
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:
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 Review our full benefits available by employment status here
. 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. 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 . 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:
$105,400.00 - $124,000.00 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.
Posting may be closed earlier due to high volume of applicants.
Keywords: U.S. Bank, Saint Cloud , Quantitative Model Analyst - Treasury, Accounting, Auditing , Minneapolis, Minnesota