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Financial Analyst 2 (Trading Desk) - Minneapolis, MN

DICE
Minneapolis, Minnesota, US
$63K-$74.1K a year
Full-time

Dice is the leading career destination for tech experts at every stage of their careers. Our client, U.S. Bank, is seeking the following. Apply via Dice today!

A variety of soft skills and experience may be required for the following role Please ensure you check the overview below carefully.

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

SUMMARY :

This entry level Financial Analyst role supports the hedging activities for a number of 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 (PnL) 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 post-trade support for the xVA desk, balance sheet Asset and Liability Management (ALM) hedging programs as well as wholesale funding activities.
  • Complete post-trade capture, swap data reporting ("SDR Reporting"), electronic confirmation, and central clearing of derivatives including interest rate swaps, credit default swaps, foreign-exchange, and option derivative products.
  • Build, enhance, and maintain reporting analysis tools utilizing Power BI, Excel, Access, VBA, SQL, and Python.
  • Support monitoring by internal risk partners (Audit, Independent Price Verification (IPV), Market Risk, etc.).
  • Work with external peers to achieve post-trade processing and overcome issues.
  • Work with industry utilities and intermediaries (Central Clearing Houses, Futures Clearing Merchants (FCMs), Swap Data Repositories (SDRs), Swap Execution Facilities (SEFs), MarkitWire, etc.

to support the ongoing operations of the trading desk, position and trade maintenance, ongoing lifecycle events, and support implement of changes to the business including new products and hedging needs.

Respond to ad hoc requests from any of the supported trading desks.

BASIC QUALIFICATIONS :

  • Bachelor's degree in Business, Economics, Finance, or related field.
  • One to three years of related experience.

PREFERRED QUALIFICATIONS :

  • Familiarity with derivative products (specifically interest rate and credit derivatives).
  • Strong analytical skills.
  • Intermediate Microsoft Excel skills.
  • Basic Microsoft Access skills.
  • Ability to understand derivatives modelling concepts.
  • VBA / other programming skills & experience is a plus.
  • SQL experience a plus.
  • Experience with Bloomberg a plus.
  • Calypso experience a plus.
  • Experience in a middle office support role and / or equivalent experience in supporting a derivative desk a plus.
  • Ability to work equally well in a team environment and independently, exhibiting initiative, ownership and flexibility.
  • Ability to respond to ad hoc requests in a timely manner.
  • Ability to work in a fast-paced deadline driven environment.
  • Ability to work in a consistently changing environment.
  • Ability to work well under pressure and time constraints.
  • Excellent verbal, written, and interpersonal communication skills.
  • Effective organizational, multi-tasking, and prioritizing skills.
  • Strong attention to detail.

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.

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 (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 law.

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.

S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S.

Citizenship and Immigration Services.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role.

In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements).

Pay Range : $62,985.00 - $74,100.00 - $81,510.00.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need.

Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

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7 days ago
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