Financial Analyst; Middle Office Trading Desk

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.

The Middle Office Derivative (MO) Financial Analyst supports front office derivative desks in the execution and confirmation of transactions, including but not limited to interest rate swaps, xVa swaps, and cross-currency trades. The analyst collaborates with various stakeholders to facilitate both new and existing transactions. Responsibilities include developing reporting tools for various stakeholders, procedures, and processes in partnership with the manager and team members.

Ad hock reporting to support audit inquiries and analyzing various derivative data sets.

This entry level Financial Analyst role supports the hedging activities for a number of derivative trading desks in Treasury. The employee will manage the post-trade workflow for hedging derivatives including trade capture, confirmation, clearing, and lifecycle events. The employee will generate daily Profit-and-Loss and market-risk analysis reporting as well as communicate insights to traders. This position is also responsible for building, enhancing, and maintaining the processes used in reporting and analysis.

ESSENTIAL FUNCTIONS:

• Provide any ad hoc reporting needed for various transactions

• Implement any necessary controls

• Build, enhance, and maintain reporting analysis tools utilizing Power BI, Excel, SQL and Python

• Support monitoring and ad-hoc reporting requests by internal risk partners (Audit, Compliance, Asset Liability Management)

• Respond to various inquiries

• Leverage quantitative and analytical skills and partner with Operations to identify control improvement and process flow

BASIC QUALIFICATIONS:

• Bachelor's degree, or equivalent work experience

• Typically less than one year of related experience

PREFERRED QUALIFICATIONS:

• Familiarity middle office environments, funding and liquidity

• Knowledge regarding loan structures, derivatives, and securitizations

• Strong organizational and multitasking skills, attention to detail, and ability to work independently

• Intermediate Microsoft Excel skills

• Python, VBA, SQL and other programming skills & experience is a plus

• Experience designing dashboards and their related data models in Power BI

• Ability to work in a fast-paced deadline-driven environment

• Excellent verbal, written, and interpersonal communication skills

• Master’s degree in applicable field

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 to 4 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.

Benefits:

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:

• 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 law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex,…