Job DescriptionWe are seeking a highly skilled and experienced Derivatives Data Analytics and 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.
Responsibilities:
- 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.
Schedule & Location
Location: 3+ days in office at either Chicago, IL or Charlotte, NC
Schedule: Monday–Friday | 8:00 a.m. – 5:00 p.m. CST
Basic Qualifications
- Bachelor’s degree in a related field, or equivalent work experience.
- Eight or more years of statistical and/or data analytics experience.
Preferred Skills/Experience
- Master's degree in STEM (Science, Technology, Engineering or Math) or Finance or Analytic Finance or Financial Engineering, or equivalent work experience
- One to Three years of experience in data and analytics in the financial services industry
- Strong analytical and problem-solving skills.
- Excellent troubleshooting skills and ability to resolve complex issues related to derivatives products.
- Technical proficiency in Python, VBA and R is highly desirable.
- Experience with cross-asset trading systems such as Calypso, Wall Street Systems (ION).
- Experience with derivatives products, including swaps, basis swaps, cap/floor, and swaption.
- Experience in risk attribution and analytics with deep understanding of option Greeks (VEGA, DELTA, GAMMA, THETA).
- Excellent communication and interpersonal skills.
- Ability to work effectively in a fast-paced and dynamic environment.
- Strong attention to detail and ability to meet deadlines.
- Professional certifications in relevant areas (e.g., CFA, FRM) are a plus.
Location Expectations
This role requires working from a U.S. Bank location three (3) or more days per week.
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.
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: $139,230.00 - $163,800.00
