U.S. Bank Jobs

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

This position will report to the Director of Data Management / Analytics / File Review Team in Fair and Responsible Banking Division (FRBD) and will support the U.S. Bancorp’s Company’s Fair and Responsible Banking (FaRB) Program Policy and will help establish and provide oversight for FaRB analytics work for products and services offered by various Business Lines (BLs) across the entire product process in developing and maintaining strong testing and monitoring program to ensure compliance with fair and responsible banking laws and regulations.

This position will interact with the FaRB specialists, other stakeholders of various levels within Corporate Compliance, and other departments within the organization, including business lines to help ensure the effective performance of the fair lending compliance program. This position is responsible for designing, implementing, and maintaining fair lending analyses according to regulatory requirements to identify potential fair lending risks. This position requires an understanding of business objectives and key fair lending and responsible banking risk drivers across the product process. The successful candidate would be expected to communicate analytics results concisely to a broad audience, including senior management and regulators.

We are looking for candidates with the proven ability to work and thrive in a rapid-paced, deadline-driven, and collaborative environment; who have project management skills; and who have the drive to continually meet new challenges.

ESSENTIAL FUNCTIONS:

1. Lead and manage analytics work (regression and non-regression based). Execute all phases of analytics work, including the identity of risk-based analyses and prioritization, participate in the establishment of annual analysis planning schedules, design and develop statistical analysis, validate variables, generate results, participate in presenting results, and model development documentation.

2. Develop and maintain fair lending analysis program including underwriting, pricing, steering, servicing, and default management fair lending risk factors and incorporate business line policies and procedures to help detect and monitor fair lending risks.

3. Design, develop, test, deploy, monitor, and support a variety of statistical models and analytics using SAS programming.

4. Review and enhance existing fair lending analyses according to CFPB’s ECOA Examination Procedures, CFPB’s UDAAP Examination Procedure, FFIEC Interagency Fair Lending Exam Procedures, and new industry developments.

5. Manage and maintain appropriate levels of documentation including analysis plan, communication email, meeting minutes, BL’s sign-off, and desktop procedures.

6. Work with business lines in identifying and obtaining key data to be used in fair lending statistical analysis.

7. Provide guidance and advice on modeling techniques to create robust models based on available data; participate in identifying additional data needs.

8. Review and interpret analysis results through analysis report with appropriate recommendations and open Issues/Findings as appropriate.

9. Analyze database contents. Develop, implement, and maintain consistent processes for data quality control.

10. Participate in fair lending and responsible banking compliance management activities.

11. Provide support in any ad hoc data requests and fair lending data analyses in response to examination, media, legal, and public inquiry.

12. Conduct disparate impact analysis and enhance disparate impact analytics process.

Basic Qualifications

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

• Typically more than 12 years of applicable experience

PREFERRED SKILLS/EXPERIENCE

• Master’s or Ph.D. degree in a quantitative field (Statistics, Economics, etc.).

• Artificial Intelligence / Machine Learning modeling experience.

• At least fifteen years of experience in applicable laws, regulations, financial services experience using large and complex datasets.

• At least 5 - 10 years’ managerial experience.

• SAS Certified or extensive modeling experience (Experience with SAS required, SQL programming language a plus).

• Experience as a technical writer.

• Must have extensive knowledge of financial services fair lending government and regulatory laws and regulations.

• Excellent written and verbal communication skills with the ability to communicate effectively with end users and management.

• Must be detail oriented with a proven ability to multi-task and prioritize multiple projects. Good project management skills.

• Extensive knowledge of Microsoft Office packages, specifically Word, Excel, and PowerPoint.

NOTE: This 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 (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: $145,180.00 - $170,800.00 - $187,880.00

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.