Swap Data Reporting Analyst - Derivatives/FX Risk Management

$64,685 - $76,100/Yr

US Bank - St. Louis, MO

Full-time - Mid Level

St. Louis, MO

Credit Intermediation and Related Activities

About the position

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. 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. Its goal 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

Requirements

• 2 or more years of applicable experience
• Bachelor's degree or equivalent work experience

Nice-to-haves

• 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

Benefits

• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Adoption assistance
• Parental leave
• Vision insurance
• 401(k) matching
• Flexible schedule
• Life insurance