Fixed Income, Currencies and Commodities Development Program – Macro and Commodities

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.

Our program

• Support sales, trading, and structuring teams by assisting with pricing, valuation, & execution of market products
• Conduct market research and analysis
• Prepare client facing materials such as market commentary, hedging strategies, indicative pricing, and presentation decks
• Assist with trade lifecycle support, including documentation, confirmations, and issue resolution
• Partner with internal teams (credit, legal, operations) to support approvals, documentation, and execution
• Participate in formal training, mentorship, and cohort-based development programming designed to accelerate technical and professional growth

This role is designed for candidates who may be placed in Macro (Rates, FX, and Repo) or Commodities based on business demand, interests, and skill alignment.

• Support the origination, structuring, & execution of capital markets transactions across a designated product area
• Develop client materials, financial models, credit analysis, and market commentary
• Monitor financial markets and investor dynamics to inform execution and client advice
• Partner cross functionally with coverage teams, risk, legal, and operations
• Build long-term client relationships through ongoing coverage and execution support

We’re looking for intellectually curious, analytical, and adaptable individuals who can think critically and respond thoughtfully to changing market conditions.

• Pursuing a bachelor’s degree in Financial Engineering, Computer Science, Mathematics, or a related field with a target graduation date of December 2026 or Spring 2027
• Ability to start the program on July 12, 2027
• Strong written and verbal communication skills
• Demonstrated attention to detail and ability to manage multiple priorities in a fast-paced environment

• GPA of 3.3 or above
• Solid foundation in quantitative processes, economics, and/or financial markets

• Fixed income concepts and derivative products
• Global foreign exchange markets and currency dynamics
• Global commodities market and associated dynamics
• Interest in market risk management and client focused solutions
• Well-developed analytical and quantitative skills
• Comfort working under time pressure with high volumes of information and transactions

This role is fully onsite.

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:

• 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…