below marketmost similar roles pay hereabove market
This role pays less than
93%
of similar roles. Most pay
$122,275–$214,000
— the blue band above.
At the midpoint, this role pays about
$101k
versus about
$168k
for comparable roles.
Based on 240 similar postings.
Employer
About US Bank
U.S. Bank (U.S. Bancorp) is the fifth-largest bank in the United States, providing retail banking, corporate and commercial banking, wealth management, and payment services to millions of customers. Industry: Banking & Financial Services
US Bank currently has
47 open roles
on FindRole.
Listed pay typically runs
$119,765–$140,900
across 29 roles with salary data.
The Quantitative Model Analyst - Mortgage Modeling performs all phases of large complex model development, validation, and performance management for various projects. Working with the mortgage modeling team, the incumbent handles data aggregation, model design, selection, testing, documentation, and implementation. The role requires a strong statistical modeling background to address mortgage industry problems, specifically regarding mortgage servicing rights valuation, market risk hedging, and primary mortgage rate generation. Key responsibilities include modeling mortgage prepayments and delinquencies while managing quantitative risk factors like duration and convexity. Candidates must utilize SAS, R, Python, VBA, and C++ to execute regression techniques, parametric and non-parametric algorithms, and time series techniques like ARIMA and GARCH. The position demands high-level presentation skills to interact with senior managers and internal or external oversight regarding regulatory trends.