U.S. Bank Senior Scenario Analyst - Climate Risk in New York, New York
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.
This role will be responsible for supporting the build out of the bank’s Climate Risk Program. This role will support the development and implementation of scenario analysis capabilities to assess the potential impact of climate physical risks and transition risks across the bank’s portfolios. Working collaboratively with key internal stakeholders, including the Economic Scenarios & Analytics Team, Central Stress Testing Organization, Credit Risk Management, ESG Team, and Business Lines, the successful candidate will support the implementation, execution, and coordination of the climate scenario analysis program.
Responsibilities will include:
• Contribute to the successful execution of enterprise-wide initiatives to build out Climate Risk scenario analysis / stress testing capabilities covering Physical and Transition Risks
• Provide project management of climate scenario analysis projects
• Assess emerging Climate Risk scenarios (e.g., NGFS, IPCC), climate stress testing industry practices, and supervisory expectations
• Evaluate external vendor solutions to help fill gaps in data and/or analytical capabilities
• Provide quantitative and qualitative support, ad hoc analysis, and troubleshooting on climate scenario analysis projects as needed
Bachelor's degree, or equivalent work experience
Typically more than six years of applicable experience
Climate scenario development and scenario expansion modeling experience or knowledge of risk modeling within a financial services setting
Ability to collaborate and communicate effectively across teams, which includes risk managers, economists, model developers, model validation, and business lines, experience successfully managing cross-functional quantitative projects
Familiarity with the increasing regulatory expectations facing banks related to climate risk
Excellent written and oral communications skills, with the ability to synthesize complex concepts, translate into ‘user friendly’ language and effectively present in documentation or slide presentations
Excellent interpersonal, verbal and written communication skills, ability to work with multiple teams
Work independently to drive results, with a strong work ethic and willingness to “roll up your sleeves”
Strong analytical problem-solving capabilities and a high level of integrity to deal with highly confidential data
This role is hybrid. Team members who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working 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) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
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
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.
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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $99,365.00 - $116,900.00 - $128,590.00