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Bank Data Analytics Jobs in Chicago, IL (NOW HIRING)

Infrastructure Data Analytics Engineer

Chicago, IL · On-site

$118K - $141K/yr

Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make ... The Infrastructure Data Analytics Engineer is responsible for acquiring, transforming, integrating ...

... banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful ... Advanced data analytics skills using ML, AI and GenAI. * Expertise in designing data driven AI ...

Data Analytics Engineer

Chicago, IL · On-site

$114K - $194K/yr

... banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful ... Advanced data analytics skills using ML, AI and GenAI. * Expertise in designing data driven AI ...

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Showing results 1-20

Bank Data Analytics information

What is bank data analytics?

Bank data analytics is the process of collecting, processing, and analyzing large volumes of data generated by banking transactions and operations. It helps banks gain insights into customer behavior, detect fraud, manage risks, and improve decision-making. By leveraging advanced analytical tools and techniques, banks can enhance customer experiences, increase efficiency, and develop data-driven strategies for growth. Bank data analytics professionals work with big data, machine learning, and statistical models to extract meaningful patterns and support business objectives.

How does a bank data analytics professional typically collaborate with other departments within a financial institution?

Bank Data Analytics professionals work closely with various departments such as risk management, marketing, compliance, and IT. They translate complex data sets into actionable insights, guiding strategic decisions and helping teams understand customer behavior, detect fraud, and ensure regulatory compliance. Regular cross-functional meetings and project-based collaborations are common, allowing analytics professionals to align data-driven recommendations with business goals and operational needs. This collaborative structure enhances communication, streamlines workflow, and maximizes the value of data across the organization.

What are the key skills and qualifications needed to thrive as a bank data analytics professional, and why are they important?

To thrive as a Bank Data Analytics professional, you need strong analytical skills, proficiency in statistics, and a solid background in finance or economics, often supported by a relevant degree. Expertise in data analysis tools such as SQL, Python, R, and experience with business intelligence platforms like Tableau or Power BI, as well as knowledge of data governance frameworks, is highly valued. Strong problem-solving abilities, attention to detail, and effective communication help translate complex data insights into actionable recommendations for stakeholders. These skills are crucial for driving data-informed decisions that enhance financial performance and risk management in the banking sector.

What is the difference between Bank Data Analytics vs Bank Data Analyst?

AspectBank Data AnalyticsBank Data Analyst
Required SkillsData analysis, statistical modeling, programming (SQL, Python)Data analysis, reporting, basic statistical skills
Work EnvironmentData teams, analytics departments within banksBank branches, finance departments, risk management teams
CertificationsData analytics certifications, SQL, Python coursesFinance or banking certifications, possibly data skills
Industry UsageFocus on developing analytics models and insightsFocus on interpreting data for decision-making

Bank Data Analytics involves advanced data modeling and technical skills to develop insights, while a Bank Data Analyst primarily interprets data to support banking operations. Both roles require analytical skills, but Bank Data Analytics is more technical and model-driven, whereas Bank Data Analyst focuses on reporting and data interpretation within banking environments.

What does a bank data analyst do for a bank?

A bank data analyst collects, processes, and analyzes financial data to identify trends, improve decision-making, and support risk management. They use tools like SQL, Excel, and data visualization software to interpret large datasets and provide insights to enhance banking operations and compliance.

What job categories do people searching Bank Data Analytics jobs in Chicago, IL look for?

The top searched job categories for Bank Data Analytics jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Bank Data Analytics jobs?

Cities near Chicago, IL with the most Bank Data Analytics job openings:

Infographic showing various Bank Data Analytics job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 12% Part Time, and 3% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution.

Macro Data Analytics Reporting Analyst - Operations

US Bank

Chicago, IL • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago


U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

66th of 174 rated banks


Job description

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
Shape the Future of Macro Markets Through Data

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 Macro product teams 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.

We are seeking a highly skilled and experienced Derivatives Data Analytics 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.

What You'll Do

  • 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.

Why This Role Stands Out

This is a unique opportunity to work closely with trading desks and gain direct exposure to:

  • Foreign Exchange (FX) and Interest Rate markets

  • Derivatives products, including swaps, swaptions, basis swaps, caps, and floors

  • Quantitative research and financial analytics

  • Market risk reporting and attribution

  • Product development and support initiatives

  • Large-scale data engineering and analytics projects

  • Trading infrastructure and cross-asset platforms

You'll play a key role in helping the business understand market behavior, monitor risk, identify opportunities, and make data-driven decisions that support the growth of the Macro Markets business.

Why U.S. Bank?

At U.S. Bank, you'll find opportunities to stretch your skills, build meaningful relationships, and contribute to transformative work. You'll work alongside talented professionals who are passionate about solving complex challenges and shaping the future of financial services through data, analytics, and innovation.

If you're energized by financial markets, intrigued by derivatives, and excited by the challenge of turning complex data into business value, we encourage you to apply.

Work Environment

  • Hybrid 3+days in Chicago South La Salle Location

  • Monday - Friday 9am or 10am CST start time

This role is not eligible for visa sponsorship. Candidates must be U.S. Citizens and not hold any type of Visa.

Basic Qualifications

  • Bachelor's degree in a related field, or equivalent work experience

  • Six to eight 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

  • 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.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability 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:

  • 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.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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 theE-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: $124,355.00 - $146,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


What U.S. Bank employees say

Pay

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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