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U.S. Bank Fair and Responsible Banking Analytics Lead in Charlotte, North Carolina

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

Partners with leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Lead projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Ensures the active identification, response and/or escalation of risks as appropriate. May influence policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for an effective partnership between the Line of Business and the Lines of Defense.

The role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days at one of the following locations:

  • Minneapolis, MN

  • Tempe, AZ

  • Charlotte, NC

  • Cincinnati, OH

ESSENTIAL FUNCTIONS

  1. Serve as lead analyst and perform robust statistical modeling, data mining, and data analysis across a variety of lending products to support high-priority Fair and Responsible Banking initiatives.

  2. Design, develop, test, monitor, and support a variety of statistical methodologies using SAS programming in alignment with team-driven and industry-driven best practices. Ensure testing procedures and documentation are robust, updated, and relevant to the objective of the analytics.

  3. Interpret analysis results and communicate results concisely to various levels of management within the organization, including both technical and non-technical audiences.

  4. Create analytical reports summarizing fair and responsible banking risks and presents results for review by internal and certain external (regulatory staff) audiences. Ensure documented interpretations and conclusions are appropriate.

  5. Maintain appropriate levels of technical documentation to support each initiative, ensuring quantitative methodology to assess fair and responsible banking risk is consistent with regulatory and industry expectations. Collaborate with other analysts, to support and prepare materials related to Model Risk Management monitoring and validation activities.

  6. Support and prepare materials related to examination, supervisory, enforcement, or internal audit/review requests.

  7. Provide timely risk escalation and awareness items to management and other stakeholders as appropriate.

  8. Identify and engage with the team in continuous improvement activities.

BASIC QUALIFICATIONS

  • Bachelor's or advanced degree, or equivalent work experience

  • Typically, more than 10 years of applicable experience

PREFERRED SKILLS/EXPERIENCE

• Statistical modeling and fair lending model development expertise (including both linear and logistic regression techniques, non-regression statistical testing methodologies, and artificial intelligence/machine learning techniques).

• Extensive programming expertise (experience with SAS required; SAS certification, SQL, or other programming languages a plus).

• Experienced and knowledgeable regarding model best practices (knowledge of Model Risk Management concepts and expectations a plus).

• At least 8 years of experience in applicable laws, regulations, fair lending file review protocols, financial services, and using large and complex datasets.

• Knowledge of Regulation B, Fair Housing Act, discrimination risk concepts, fair lending examination procedures, and prohibitions against unfair, deceptive, or abusive acts or practices (UDAAP).

• Excellent project management and strategic skills. Must be detail oriented with a proven ability to manage a dynamic workload with multiple projects and changing priorities.

• Great presentation skills with the ability to communicate and collaborate effectively with a variety end users and management.

• Degree in a quantitative field (Mathematics, Statistics, Economics, etc.).

• Writing experience (e.g., technical writing and business reporting).

• Proficient with Microsoft Office packages, specifically Word, Excel, and PowerPoint.

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 (https://careers.usbank.com/global/en/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 (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 (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) 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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .

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: $129,455.00 - $152,300.00 - $167,530.00

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.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

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