Fair and Responsible Banking Analytics Director

at  US Bank National Association

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 Fair and Responsible Banking Officer and support the U.S. Bancorp’s Company’s Fair and Responsible Banking Program Policy by leading discrimination risk analytics testing and monitoring activities covering a wide range of products, services, and focal points applicable to the Company.
This position is responsible for leading and overseeing the design, execution, and maintenance of analyses and serve as the Company’s top subject matter expert regarding quantitative methodology for disparate treatment risk analysis and disparate impact risk analysis. This position requires an understanding of the interaction among business objectives, banking functions, and fair and responsible banking risks.
This position leads a team of analytics, data, and file review experts and will also interact with risk specialist management, second line risk management professionals, and various stakeholders within the organization, including first line business partners to help ensure the effective performance of the fair and responsible banking program. The successful candidate is expected to communicate analytics results concisely to differing audiences, including senior management and regulators, and ensure high quality written reporting and work output.
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.

Basic Qualifications

• Bachelor’s or advanced degree, or equivalent work experience
• Typically more than 15 years of applicable experienc

Preferred Skills/Experience

• Master’s or Ph.D. degree in a quantitative field (Statistics, Economics, etc.).
• Statistical modeling and fair lending model development expertise (including logistic regression, non-regression, and artificial intelligence / machine learning techniques)
• Extensive Coding expertise. SAS Certified (Experience with SAS required, SQL or other programming languages a plus).
• Experienced and knowledgeable regarding model risk management compliance
• At least 15 years of experience in applicable laws, regulations, fair lending file review protocols, financial services, and using large and complex datasets.
• Must have extensive knowledge of Regulation B, Fair Housing Act, discrimination risk concepts, fair lending examination procedures, and prohibitions against unfair, deceptive, or abusive acts or practices (UDAAP).
• At least 10 years managerial experience.
• Excellent project management and strategic skills. Must be detail oriented with a proven ability to lead a complex and dynamic workload with multiple projects and changing priorities.
• Great presentation skills with the ability to communicate and collaborate effectively with end users and management.
• Writing experience (e.g. technical writing and business reporting).
• Proficient with Microsoft Office packages, specifically Word, Excel, and PowerPoint

ESSENTIAL FUNCTIONS

1. Lead fair and responsible banking discrimination risk analytics work (regression and non-regression based) and ensure high quality, accurate, and timely execution of a risk-based schedule of monitoring and testing.
2. Ensure testing methodologies, scope, and procedures are robust, updated, relevant to the Company’s internal risk profile, and keep pace with industry trends and regulatory expectations.
3. Oversee and provide direction regarding fair lending file review conclusions.
4. Review and approve testing/monitoring results and ensure interpretations and conclusions are appropriate, including any corrective action if warranted.
5. Lead a team of over 20 quantitative analysts, file reviewers, and data management professionals.
6. Efficiently re-prioritize work to meet urgent and/or unplanned initiatives that may arise.
7. Provide direction and expectations related to data sources utilized for testing and monitoring to help drive efficient and timely analysis, including appropriate data access, data owner collaboration, exploring automation and other methods to minimize data availability lag time.
8. Ensure compliance with model documentation expectations.
9. Identify and engage in continuous improvement activities to drive effectiveness.
10. Support and prepare materials related to examination, supervisory, enforcement, or internal audit/review requests.
11. Provide timely risk escalation and awareness items to the Fair and Responsible Banking Officer and other stakeholders as appropriate.
12. Actively monitor and participate in industry and relevant trade group meetings/events.

Basic Qualifications

• Bachelor’s or advanced degree, or equivalent work experience
• Typically more than 15 years of applicable experience

Preferred Skills/Experience

• Master’s or Ph.D. degree in a quantitative field (Statistics, Economics, etc.).
• Statistical modeling and fair lending model development expertise (including logistic regression, non-regression, and artificial intelligence / machine learning techniques)
• Extensive Coding expertise. SAS Certified (Experience with SAS required, SQL or other programming languages a plus).
• Experienced and knowledgeable regarding model risk management compliance
• At least 15 years of experience in applicable laws, regulations, fair lending file review protocols, financial services, and using large and complex datasets.
• Must have extensive knowledge of Regulation B, Fair Housing Act, discrimination risk concepts, fair lending examination procedures, and prohibitions against unfair, deceptive, or abusive acts or practices (UDAAP).
• At least 10 years managerial experience.
• Excellent project management and strategic skills. Must be detail oriented with a proven ability to lead a complex and dynamic workload with multiple projects and changing priorities.
• Great presentation skills with the ability to communicate and collaborate effectively with end users and management.
• Writing experience (e.g. technical writing and business reporting).
• Proficient with Microsoft Office packages, specifically Word, Excel, and PowerPoint.

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.

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 la