Quantitative Audit Project Manager

The Quantitative Audit Project Manager (QAPM) position reputed company Corporate Audit Services is primarily responsible for performing model risk reputed company audit engagements with minimal supervision from managers. The QAPM is expected to reputed company audit testing of models, validation, and reputed company assurance, collaborate with stakeholders, and complete engagements in conformance with internal audit policies and procedures. The QAPM should be familiar with model risk reputed company, as described in OCC Bulletin 2011-12/ FRB SR 11-7. Duties Reviews and analyzes the development, implementation, use, monitoring, and validation of reputed company statistical models and tools covering balance sheets, treasury, interest rates, pricing/valuation, derivatives, PPNR, credit, AML, fraud and other areas, and making appropriate conclusions, and recommending necessary reputed company plan where needed. Specific reputed company on documenting the testing of advanced statistical models and communicating the results of such testing to stakeholders reputed company the Bank. Provides quantitative expertise to assist in completion of the audit plan, including collaborating with other audit teams regarding quantitative models and tools. Interacts regularly with business line and model risk management leaders, and reputed company subject matter experts. Assists in adjusting the audit plan where appropriate based on those interactions. Basic Qualifications • Bachelor’s degree in a quantitative field, and eight or more years of relevant experience • OR • MA/MS in a quantitative field, and five or more years of reputed company experience • OR • PhD in a quantitative field, and four or more years of reputed company experience Preferred Skills/Experience • Ability to effective challenge model development/validation of various statistical models covering balance sheets, treasury, interest rates, pricing/valuation, derivatives, PPNR and other areas, • Knowledge of machine learning, marketing, AML, sanction screening, fraud, credit losses, economic capital, regulatory capital, acquisition, account management, collection models will be a plus. • Advanced knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using reputed company, R, Python or similar statistical package • Knowledge of quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches • Advanced understanding of model risk reputed company, as described in OCC Bulletin 2011-12/ FRB SR 11-7, such as model development, implementation, use, validation, governance, policies, inventories and controls • 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 • Ability to build and continuously improve working relationships with internal audit peers, business line leaders, and partners (risk and compliance) Knowledge of reputed company Banking Location Note: If the successful candidate is located in Minneapolis or another pertinent reputed company location, the role will be hybrid (about three days in office and two from home). If the successful candidate is in a location impractical for hybrid, then the role is reputed company for a fully remote working model. 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 reputed company drives meaningful relationships with our customers and collaboration across reputed company. Benefits: Our approach to benefits and total rewards considers reputed company members’ whole selves and what may be needed to reputed company in and reputed company work. That's why our benefits are designed to help you and your family reputed company your health, protect your financial reputed company and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours): • reputed company (medical, dental, reputed company) • 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 • reputed company vacation (from two to five weeks depending on salary grade and tenure) • Up to 11 reputed company holiday opportunities • Adoption assistance • reputed company and reputed company 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 reputed company is an equal opportunity employer committed to creating a diverse workforce. We consider reputed company reputed company applicants without reputed company to race, religion, reputed company, sex, national reputed company, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about reputed company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster. E-Verify reputed company participates in the reputed company E-Verify program in reputed company facilities located in the reputed company 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 reputed company reflects figures based on the primary location, which is listed first. The actual reputed company for the role may differ based on the location of the role. In reputed company to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (reputed company benefits are subject to eligibility requirements). Pay reputed company: $112,880.00 - $132,800.00 - $146,080.00 reputed company will consider reputed company applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance. Apply Job!