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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. 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. Try new things, learn new skills and discover what you excel at—all from Day One.

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.

Job Description

We are now hiring for an exciting opportunity as Quantitative Model Analyst 3 within U.S. Bancorp’s Enterprise Fraud Strategy team.

The successful candidate will play a key role in U.S. Bank’s Enterprise Fraud Strategy team. The Quantitative Modeling Analyst position creates, validates, tests, documents, implements, and/or oversees usage of complex machine learning models, strategies, and profile development. The algorithms may cover a variety of products or services; however, all algorithms are used as part of the financial decision-making or fraud detection processes. Specific results focus on documenting the creation and/or testing of machine learning models and communicating such models to stakeholders within the Bank. Deliverables include the creation of model development and/or validation 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 to eight years of experience in statistical modeling OR

• Master's or PhD degree in a quantitative field, and less than five years of experience in statistical modeling

Preferred Skills/Experience

• Proficiency in machine learning techniques and frameworks for fraud detection including but not limited to logistic regression, decision trees, random forest, SVM, gradient boosting, and neural networks using Python or similar coding language

• Experience planning, building, and deploying predictive features to be used in fraud rules or model inputs based on aggregate or historical transaction analysis strongly preferred

• Experience coding in various languages (SQL, R, Python, SAS, etc.) to explore and perform analytical analysis on large, disparate and complex data.

• Self-motivated individual with demonstrated thought leadership and planning for quantitative modeling and analytical projects development efforts.

• Thorough knowledge of fraud, strategic planning, and banking operations.

• Comprehensive knowledge of bank systems, banking documents, and financial products including credit cards, ACH transactions, wires, checks and other electronic transfers.

• Advanced understanding of applicable laws, regulations, financial services, and regulatory trends that affect assigned line of business.

• Demonstrated independence, teamwork, leadership, and critical thinking skills.

• Strong project management skills.

• Strong understanding of model governance and risk management practices, including documentation, validation, and regulatory compliance (e.g., SR 11-7, CCAR).

• Excellent written and verbal communication skills.

• Demonstrated project management, organization skills, and Agile experience

Hybrid/flexible schedule Location Expectations;

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.

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:

We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.

Posting may be closed earlier due to high volume of applicants.