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U.S. Bank Credit Risk Data Analyst in Saint Louis, Missouri

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. 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.

Job Description

US Bank Home Mortgage needs a Credit Risk Data Analyst in its Credit Risk Department. This job involves ability to transform data to provide insights. Analytics to enable decisioning is the key. The job analysis of loss forecasting, loss severity, probability of defaults, pre-payments, customer characteristics in addition to analysis of automated decisioning and statistical models. The incorporation of models in determining Portfolio Credit Policy to facilitate digitization, automation and credit risk management using analytics is a key function of this role. Analysis of Credit Bureau Data and customer data resulting in insights is also a key function of this role.

The job also involves using existing reports and data, including credit, collateral and loan characteristics and developing trend analysis from them. Credit Loss Insights involve understanding US Bank Home Mortgage data, Corporate Model(s), utilizing Third Party Models (from vendors such as Moody’s) and developing view(s) and scenario(s) with different economic assumptions. This position will also be involved in the utilization of Production Risk Score, Economic Production Risk Score, Mortgage Risk Score and Behavior Scores.

Downloading and transforming data (ETL) with knowledge of credit bureau, collateral and mortgage application data in addition to economic data and regulations is important in this job. The ability to explain machine learning and artificial intelligence output is preferred.

The individual hired into this role will have a key role in enhancing the competitiveness of US Bank Home Mortgage via credit risk model related analytics. US Bank Mortgage is making key advances in digital mortgage and this is a ground floor opportunity to grow with the institution.

The job reports to the Credit Risk Innovation Leader and has high visibility. The output of this position will include data reports, analysis, model run(s), champion v challenger model run evaluation and other mortgage credit related projects that result in a Monthly Credit Risk Insights Summary.

Basic Qualifications

  • Bachelor's degree in a quantitative field such as econometrics, computer science, engineering or applied mathematics, or equivalent work experience

  • Four to five years of statistical experience

Preferred Skills/Experience

  • Master’s Degree in “STEM” field (Science, Technology, Engineering, and Mathematics) plus 1 year of experience in data analytics, or PhD in “STEM” field (Science, Technology, Engineering, and Mathematics)

  • At least 3 years’ experience in Python, Scala, or R

  • At least 3 years’ experience with machine learning (H2O.ai, Spark, DataRobot, or equivalent tools)

  • At least 3 years’ experience with SQL

  • At least 1 year of experience in open source programming languages for large scale data analysis

  • Understanding of US Consumer Finance preferred

  • Knowledge of AI/Machine learning/Deep Learning preferred

  • At least 1 year of experience with relational databases

  • Advanced Knowledge of Microsoft Office, particularly Excel and Access

  • Good verbal and written communication skills

  • Ability to work and/or collaborate with department personnel and other Corporate associates

Benefits:

Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.

Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers (https://www.usbank.com/careers/index.html) .

EEO is the Law

Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) 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://www.usbank.com/careers/verification-of-eligibility-for-employment.html) .

Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.

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