Impact Finance - Financial Analyst

$73,610 - $86,600/Yr

US Bank - Minneapolis, MN

Full-time - Entry Level

Minneapolis, MN

Credit Intermediation and Related Activities

About the position

At U.S. Bank, we are committed to empowering our customers and the communities we serve to make informed financial decisions. As a Financial Analyst in the Impact Finance division, you will play a crucial role in managing the cash functions of U.S. Bancorp Impact Finance. This position is responsible for the accurate and timely processing of Wire Transfer, ACH, and Accounts Payable transactions, ensuring compliance with established policies, procedures, and controls. You will be tasked with recording journal entries and resolving any discrepancies related to CDC cash accounts promptly. This role requires strong communication skills to effectively collaborate with both internal and external partners, ensuring that all transactions are processed smoothly and efficiently. In addition to processing transactions, you will verify that all outgoing wire transfers, ACH, and Accounts Payable transactions adhere to documented processes. You will also assist in cash account reconciliation, which includes researching and resolving any reconciling items. Risk mitigation is a key aspect of this role, as you will ensure that all processes comply with the bank's regulatory standards. Your ability to communicate effectively with various stakeholders will be essential in establishing and maintaining positive working relationships. As part of your responsibilities, you may also support special projects as capacity allows, contributing to organizational initiatives and actively identifying and recommending improvements to existing processes and products. This position offers a hybrid/flexible schedule, requiring in-office attendance for three or more days per week, with the flexibility to work remotely on other days.

Responsibilities

• Responsible for the cash management function of U.S. Bancorp Impact Finance.
• Accurate and timely processing of Wire Transfer, ACH, and Accounts Payable transactions.
• Record journal entries and resolve reconciling items related to CDC cash accounts.
• Verify that all transactions adhere to documented processes and procedures.
• Assist in cash account reconciliation and research reconciling items.
• Ensure compliance with the bank's regulatory standards for risk mitigation.
• Communicate effectively with external customers and internal partners to maintain positive relationships.
• Support special projects and contribute to organizational initiatives.

Requirements

• Bachelor's degree or equivalent work experience.
• Two or more years' experience in financial analysis activities.

Nice-to-haves

• Working knowledge of financial analysis techniques and general account procedures.
• Strong planning and organizational skills.
• Ability to manage tasks independently and set priorities.
• Sound judgment and decision-making skills.
• Strong analytical and problem-solving skills.
• Excellent computer skills, especially in Microsoft Office applications.
• Exceptional customer service skills.

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