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U.S. Bank · 3 days ago

Economic Sanctions Quantitative Model Analyst

Charlotte, NC

Full-time

Hybrid

Mid, Senior Level

$98K/yr - $116K/yr

3+ years exp

U.S. Bank is committed to helping customers and businesses make better financial decisions. The Economic Sanctions Quantitative Model Analyst will provide analytical insights into the bank's Economic Sanctions screening processes, supporting strategic initiatives and machine learning solutions to enhance risk control.

BankingFinancial ServicesInsuranceMortgageWealth Management

No H1B

Responsibilities

Possess an awareness of regulatory and US Bank compliance environments as well as an interest to self-educate on new topics and changing requirements

Partner with Economic Sanctions alert adjudication to understand their workflow and to utilize their feedback, where appropriate, to strengthen the quality of OFAC Analytics work product

Partner with Business Line (BL) contacts to fully-understand US Bank product offerings, embedded BL compliance functions, and where the Economic Sanctions Data & Analytics team can provide value in terms of risk coverage and mitigation

Quickly learn the US Bank sanctions screening systems (including LexisNexis Bridger Insight XG) and become a subject matter expert

Support Economic Sanctions Adjudication teams with troubleshooting the application and develop intricate knowledge of the system’s relevant algorithms and configurations

Assist in the development, validation and monitoring of machine learning solutions for customer and account screening alert dispositions

Lead the development and implementation of new reporting functionality for Economic Sanctions support purposes

Create professional program/reporting documentation in support of Economic Sanctions Screening

Professional presentation skills for audiences including but not limited to senior leadership, CAS, regulatory and business partners

Timely response to ad hoc data requests

Advanced computer skills including Microsoft Office suite, Visio, Teradata/Oracle SQL and SAS Ability to work independently with high level direction from leadership or senior analysts

Provide guidance and coaching to junior analysts

Qualification

SASSQLMachine LearningEconomic SanctionsLexisNexis Bridger Insight XGData Quality AnalysisAnalytical ReportingProfessional CommunicationMicrosoft Office SuiteCoachingInterpersonal SkillsAttention to DetailTime Management

Required

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

Experience working with large data sets/systems/warehouses and utilizing SAS/SQL to translate data analytics into valuable information that can be used for decision making by business leaders

Ability to work independently with high level direction from leadership or senior analysts

Provide guidance and coaching to junior analysts

Possess an awareness of regulatory and US Bank compliance environments as well as an interest to self-educate on new topics and changing requirements

Quickly learn the US Bank sanctions screening systems (including LexisNexis Bridger Insight XG) and become a subject matter expert

Support Economic Sanctions Adjudication teams with troubleshooting the application and develop intricate knowledge of the system's relevant algorithms and configurations

Assist in the development, validation and monitoring of machine learning solutions for customer and account screening alert dispositions

Lead the development and implementation of new reporting functionality for Economic Sanctions support purposes

Create professional program/reporting documentation in support of Economic Sanctions Screening

Professional presentation skills for audiences including but not limited to senior leadership, CAS, regulatory and business partners

Timely response to ad hoc data requests

Strong attention to detail

Proven capabilities in ownership of analytical projects that require communication and coordination with peers and partners

Professional communication skills

Preferred

Experience supporting Economic Sanctions/OFAC or other compliance related initiatives in a large, complex, highly regulated financial institution

Experience with the LexisNexis Bridger Insight XG Sanctions Screening tool

Advanced degree in Mathematics, Statistics, Finance, Economics, Engineering, or other quantitatively rigorous discipline

Experience using machine learning techniques

Experience identifying business requirements for technical projects

Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact Enterprise Financial Crimes Compliance

Considerable knowledge of Risk/Compliance/Audit competencies

Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs

Experience authoring professional documentation and incorporating feedback

Experience in an applicable risk management environment

At least 3 years overall performing analytical work

Applicable professional certifications

Knowledge of financial and banking products, policies, operations and applicable procedures

Strong analytical and research skills, and use of good judgment in decision making and sense of urgency for high priority issues

Strong communication and partnering skills for working with both Technology and Business Line partners (facilitating meetings and key conversations, documenting meetings and action items for publication and tracking, driving actions and initiatives)

Ability to handle multiple priorities and deadlines effectively and efficiently

Advanced computer skills including Microsoft Office suite, SQL, and SAS (required)

Excellent interpersonal, verbal and written communication skills

Ability to quickly develop subject matter expertise on Economic Sanctions screening platforms, if not already in possession of such