Junior Economic Quant - Treasury at US Bank National Association
New York, NY 10036, USA -
Full Time


Start Date

Immediate

Expiry Date

07 Aug, 25

Salary

135300.0

Posted On

08 May, 25

Experience

3 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Economics, Python, Risk, Communication Skills, Statistics, Yield, Mathematics, Project Management Skills, Finance, Eviews, R

Industry

Financial Services

Description

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

We are seeking a Junior Economic Quant with expertise in macroeconomic modeling and forecasting. This role will focus on building and maintaining models, conducting ad hoc economic analysis, offering insights on economic data releases to support investment portfolio managers, and forecasting various economic indicators such as GDP, inflation, and unemployment rate. The ideal candidate will be comfortable working with large datasets, applying advanced statistical techniques, and developing forecasts that inform business strategy and risk management decisions.

Key Responsibilities

  • Develop, enhance, and maintain large-scale macroeconomic models to support forecasting and scenario

analysis.

  • Conduct ad hoc analysis to assess the impact of economic shocks, policy changes,

and market conditions.

  • Collaborate with other Treasury stakeholders to form a view on the economic outlook under various alternative scenarios
  • Utilize time-series econometrics, machine learning, and other quantitative techniques

to improve forecast accuracy.

  • Work closely with various stakeholders within Treasury to translate economic insights into

actionable investment strategies.

  • Ensure models align with regulatory expectations and internal governance requirements.
  • Prepare technical documentation and communicate model results to both technical and non-technical

audiences.

  • Stay up to date with emerging trends in the U.S economy and policy decisions, as well as in

macroeconomic modeling and forecasting methodologies.

  • Create and maintain model development and/or validation documentation such as: presentations, written

reports, model or reporting code documentation, business requirements, monitoring reports and related
code, and procedures.

BASIC QUALIFICATIONS

  • Bachelor’s degree in a quantitative field, and three or more years of relevant experience

OR

  • MA/MS in a quantitative field, and less than three years of related experience

PREFERRED SKILLS/EXPERIENCE

  • Degree in Economics, Finance, Statistics, Mathematics, or a related quantitative field
  • Proficiency in quantitative methods using Python, R, or EViews
  • Experience working with large economic datasets (e.g., FRED, BEA, BLS, or Moody’s DataBuffet)
  • Experience working as a buy-side/sell-side economist
  • Basic familiarity with interest rate modeling and yield curve analysis
  • Basic knowledge of various regression techniques, parametric and non-parametric algorithms, times

series techniques, and other statistical models

  • Basic data compilation, programming skills and qualitative analysis skills
  • Basic knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk

management approaches

  • Basic knowledge of applicable regulatory rules, guidance, or supervisory letters
  • Ability to manage multiple tasks across various timelines
  • Strong analytical, organizational, problem-solving, negotiation, and project management skills
  • Effective interpersonal, verbal and written communication skills
Responsibilities

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.

Key Responsibilities

  • Develop, enhance, and maintain large-scale macroeconomic models to support forecasting and scenari

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
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