Quantitative Financial Analyst - Hopkins, MN

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

U.S. Bank Home Mortgage is seeking a financial analyst to support initiatives in the area of the valuation and modeling of Mortgage Servicing Rights (MSRs). The analyst will contribute toward mortgage and valuation analytics, including model/assumption development, documentation, and monitoring. Specific areas of focus may include but are not limited to the modeling of: mortgage prepayments, mortgage delinquencies and foreclosures, interest rate modeling, term structure and stochastic valuation modeling. Work is performed independently following training. Responsibilities and opportunities within the department will grow with demonstrated success.

This role is hybrid. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Less than one year of related experience

Preferred Skills/Experience

• Prior exposure to mortgage modeling activities such as prepayment models (e.g., ADCo), Discounted Cashflow models, NPV models, loss models, agency securitization, mortgage origination, and mortgage servicing analytics, delinquency models, short term and long term default probability models.
• Familiarity with the model life cycle, i.e., model development, model validation, and model monitoring activities
• Experience using PolyPaths MSR valuation software
• Strong organizational, project, and time management skills
• Excellent verbal and written communication skills (e.g., summarizing and documenting major findings)
• Ability to build strong relationships with peers, line of business managers and colleagues across the Bank
• Knowledge of modeling techniques and capital markets
• Ability to analyze data, including identifying and resolving exceptions
• Proficiency in programming, statistical analysis, and modeling software (such as: SAS, Matlab, Python, R, SQL, C#, JAVA, VBA) as well as Microsoft Office (Excel, Access, Word, and PowerPoint)
• Excellent skills for process-automation and reverse engineering Excel/VBA models into more robust procedures using scripting, SAS, and/or SQL Server.

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 .

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.

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 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 .