1

Derivative Analyst Jobs in Minnesota (NOW HIRING)

Analysis and research * Utilization of artificial intelligence tools and resources (e.g. generative ... Derivatives modeling, derivatives hedging, insurance product hedging, programming, or quantitative ...

Responsible for executing trades in various derivative instruments, including options, futures and ... Conduct analysis and research * Utilization of artificial intelligence tools and resources (e.g ...

next page

Showing results 1-20

Derivative Analyst information

See Minnesota salary details

$30.4K

$71.8K

$127.3K

How much do derivative analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for derivative analyst in Minnesota is $71,753.00, according to ZipRecruiter salary data. Most workers in this role earn between $51,400.00 and $85,200.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a derivative analyst?

To thrive as a Derivative Analyst, you need strong quantitative skills, a solid understanding of financial markets, and typically a degree in finance, mathematics, or a related field. Familiarity with financial modeling software, programming languages such as Python or R, and systems like Bloomberg or Reuters is highly valued, along with certifications like CFA or FRM. Attention to detail, analytical thinking, and clear communication are important soft skills for this position. These qualifications enable accurate risk assessment, effective data analysis, and collaboration with team members in fast-paced financial environments.

What does a derivative analyst do?

A Derivative Analyst evaluates and manages financial derivatives such as options, futures, and swaps. They assess market trends, pricing models, and risk exposure to help institutions optimize hedging and investment strategies. Their role often involves quantitative analysis, financial modeling, and collaborating with traders and risk managers. Strong analytical skills, knowledge of financial instruments, and proficiency in tools like Excel, Python, or SQL are essential for this position.

What are popular job titles related to Derivative Analyst jobs in Minnesota? For Derivative Analyst jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Derivative Analyst jobs in Minnesota look for? The top searched job categories for Derivative Analyst jobs in Minnesota are:
Infographic showing various Derivative Analyst job openings in Minnesota as of August 2026, with employment types broken down into 1% Internship, 83% Full Time, 9% Part Time, 1% Temporary, and 6% Contract. Highlights an 83% Physical, 6% Hybrid, and 11% Remote job distribution, with an average salary of $71,753 per year, or $34.5 per hour.

Financial Analyst (Middle Office Derivative)

U.S. Bank

Minneapolis, MN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 360 frontline employees who took The Breakroom Quiz

51st of 170 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
This position also supports the development, enhancement, and maintenance of reporting and analytical processes. The analyst collaborates with multiple stakeholders to support both new and existing transactions, develop reporting tools and procedures, and provide ad-hoc analysis for audit inquiries and other data requests. In addition, the analyst is responsible for setting up and maintaining margin call configurations based on counterparty Credit Support Annexes.
ESSENTIAL FUNCTIONS:.
  • Manage daily transaction processing and trade affirmation across multiple systems and trading desks
  • Provide ad-hoc reporting needed for various transactions and stakeholders
  • Apply, maintain and create appropriate operational and reporting controls
  • Identify, design, and implement process improvements to increase efficiency and scalability
  • Build, enhance, and maintain reporting and analysis tools using Power BI, Excel, SQL and Python
  • Independently research and respond to internal and external inquiries
  • Partner with finance team members to support monthly, financial planning and analysis, and internal or external inquiries
  • Set up and maintain derivative margin call configurations in accordance with CSAs
  • Operate effectively in a fast-paced, deadline-driven environment with strong organization, time management and communication skills
  • Ability to work effectively in a team-oriented environment
  • Serve as a subject-matter resource and provide guidance to junior analysts as needed

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically two or more years of related experience
Preferred Skills/Experience
- Familiarity with derivatives middle office environments, funding and liquidity
- Prior experiences with credit support annexes and margin call configurations
- Strong organizational, attention to detail, and ability to manage multiple priorities independently
- Intermediate to advance Microsoft Excel skills
- Python, VBA, SQL and other programming skills and experience is a plus
- Calypso experience a plus
- Experience designing dashboards and data models in Power BI
- Master's degree in a related field
- Strong work ethic, high level of integrity and sound judgment
- Well-developed mathematical and analytical skills
- Ability to identify, analyze, and resolve exceptions
This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
#INDMO
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability 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 the E-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: $81,515.00 - $95,900.00
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

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


U.S. Bank logo

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

Social media