Foreign Exchange Operations Process Monitoring Analyst

$69,360 - $81,600/Yr

US Bank - Saint Paul, MN

Full-time - Entry Level

Saint Paul, MN

Credit Intermediation and Related Activities

About the position

The Foreign Exchange Operations Process Monitoring Analyst at U.S. Bank plays a crucial role in ensuring compliance with controls, policies, and regulations within the Foreign Exchange Operations business unit. This position involves monitoring existing controls, identifying exceptions, and assisting in various risk projects related to Foreign Exchange control frameworks. The analyst will also engage in audit requests and provide risk-related feedback, contributing to the overall risk management strategy of the organization.

Responsibilities

• Act as a risk resource/analyst for the Foreign Exchange Operations business unit.
• Ensure compliance with applicable controls, policies, and regulations.
• Conduct monitoring of existing eGRC controls and processes.
• Identify exceptions during monitoring activities and communicate/escalate appropriately to relevant stakeholders.
• Assist in gathering samples and commentary for audit and exam requests.
• Perform procedure reviews and provide risk-related credible challenge and feedback.
• Research and answer risk-related questions from the business unit.

Requirements

• Bachelor's degree or equivalent work experience.
• Typically two to three years of experience in regulatory compliance activities.

Nice-to-haves

• Effective computer navigation skills using a variety of software packages, including Microsoft Office applications.
• Effective verbal and written communication skills.
• Attention to detail, with the ability to manage multiple projects and deadlines simultaneously.
• Analytical skills, with the ability to review controls and high-risk processes and communicate exceptions.
• Ability to start initiatives, with a drive for results with moderate guidance.
• Self-motivated and highly organized.
• Basic knowledge of U.S. Bancorp operations, policies, procedures and control frameworks.
• Familiarity of capital markets operations, and/or the regulatory requirements for Foreign Exchange and Derivatives products.

Benefits

• 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