Swap Data Reporting Analyst - Derivatives/Fx Risk Management

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

The Swap Data Reporting Analyst reports to the Derivatives and FX Compliance Support Manager and will partner with other business risk professionals to execute processes in support of an effective risk management framework. The organization's risk management structure is designed to promote effective governance and risk management that is systematic, transparent, credible, timely, and verifiable through clear delineation and execution of key roles and responsibilities. The goal of the risk management structure is to assess and/or manage risks that may impact the company, including credit, financial, liquidity, market, operational, reputational, strategic and other risks as appropriate.

RESPONSIBILITIES

• Perform validation and reconciliation of reportable swaps traded by the Bank, as defined by CFTC regulation and industry practice.

• Communicate and collaborate with internal and external stakeholders to research and resolve exceptions.

• Interact directly with management, including escalation of issues as appropriate.

• Participate in special projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations.

• Assist in training lower level and/or new staff.

REQUIRED

• 2-3 years of applicable experience

• Bachelor's degree, or equivalent work experience

PREFERRED

• Knowledge and understanding of Foreign Exchange and Interest Rate asset classes, and derivatives.

• Familiarity with capital markets and the regulatory requirements for timely, complete, and accurate reporting for FX and OTC Derivatives products (17 CFR Parts 43 and 45)

• Maintain currency with industry changes, including applicable laws, rule amendments, regulatory expectations and trends, DTCC technical specifications, and other industry-wide initiatives that may have a material impact on swap data reporting.

• Well-developed analytical, problem solving, and critical thinking skills.

• Comfortable with ambiguity

• Detail-orientated.

• Effective oral and written communication skills

• Proficient computer navigation skills, particularly word processing, spreadsheets, databases, and presentations

• Proficiency with Microsoft products (such as Word, Excel, Outlook, Teams, OneNote, Planner, SharePoint, and OneDrive) is a plus.

• Experience supporting procedure writing and/or training.

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.

#USBOps

#WCIBO

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. Learn more about the E-Verify program.

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: $83,980.00 - $98,800.00 - $108,680.00

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.