Macro Data Analytics Reporting Analyst - Operations

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.

Shape the Future of Macro Markets Through Data

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 Macro product teams 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. We are seeking a highly skilled and experienced Derivatives Data Analytics Reporting Analyst who has a passion for financial markets and data analysis. The ideal candidate will have in-depth knowledge of Rates and FX financial markets and hands‑on experience working closely with a Rates or FX Trading Desk or relevant experience in the areas of Market Data and Risk Analytics, Valuation, Quantitative Modeling and Regulative Reporting.

In addition, the candidate should have a good understanding of various derivatives products, including swaps, basis swaps, cap/floor, and swaption. Proficiency in risk reporting and familiarity with option Greeks (VEGA, DELTA, GAMMA, THETA) is desired. Strong troubleshooting skills and technical knowledge in Python, VBA and R are highly desirable.

• Work closely with the MACRO Front Office desks to design and develop solutions for Rates and FX products, utilizing cross asset trading systems (Calypso) to analyze and manage the portfolio’s exposure and risk.
• Create market data and risk analytics, Profit and Loss calculation, and develop pricing and risk models.
• Design and develop complex models and tools to meet business and regulatory reporting requirements.
• Support the Macro Middle Office operation functions.
• Stay updated with industry trends and regulatory changes related to interest rate derivatives.
• Collaborate with stakeholders to identify and implement improvements in derivative trading operation.
• Collaborate with stakeholders to understand business requirements and translate them into technical solutions to support the growth and expansion of the MACRO markets.
• Collaborate with internal teams to troubleshoot and resolve any issues related to financial derivatives.

This is a unique opportunity to work closely with trading desks and gain direct exposure to:

• Foreign Exchange (FX) and Interest Rate markets
• Derivatives products, including swaps, swaptions, basis swaps, caps, and floors
• Quantitative research and financial analytics
• Market risk reporting and attribution
• Product development and support initiatives
• Large-scale data engineering and analytics projects
• Trading infrastructure and cross-asset platforms

You’ll play a key role in helping the business understand market behavior, monitor risk, identify opportunities, and make data‑driven decisions that support the growth of the Macro Markets business.

At U.S. Bank, you'll find opportunities to stretch your skills, build meaningful relationships, and contribute to transformative work. You'll work alongside talented professionals who are passionate about solving complex challenges and shaping the future of financial services through data, analytics, and innovation.

Hybrid 3+days in Chicago South La Salle Location Monday - Friday 9am or 10am CST start time.

This role is not eligible for visa sponsorship. Candidates must be U.S. Citizens and not hold any type of Visa.

This role requires working from a U.S. Bank…