Entry Level Risk Analyst Jobs in Lakeville, MN (NOW HIRING)

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
The Middle Office Derivative (MO) Financial Analyst supports front office derivative desks in the execution and confirmation of transactions, including but not limited to interest rate swaps, xVa swaps, and cross-currency trades. The analyst collaborates with various stakeholders to facilitate both new and existing transactions. Responsibilities include developing reporting tools for various stakeholders, procedures, and processes in partnership with the manager and team members. Ad hock reporting to support audit inquiries and analyzing various derivative data sets.
This entry level Financial Analyst role supports the hedging activities for a number of derivative trading desks in Treasury. The employee will manage the post-trade workflow for hedging derivatives including trade capture, confirmation, clearing, and lifecycle events. The employee will generate daily Profit-and-Loss and market-risk analysis reporting as well as communicate insights to traders. This position is also responsible for building, enhancing, and maintaining the processes used in reporting and analysis.
ESSENTIAL FUNCTIONS:.

• Provide any ad hoc reporting needed for various transactions
• Implement any necessary controls
• Build, enhance, and maintain reporting analysis tools utilizing Power BI, Excel, SQL and Python
• Support monitoring and ad-hoc reporting requests by internal risk partners (Audit, Compliance, Asset Liability Management)
• Respond to various inquiries
• Leverage quantitative and analytical skills and partner with Operations to identify control improvement and process flow

BASIC QUALIFICATIONS:

• Bachelor's degree, or equivalent work experience
• Typically less than one year of related experience

PREFERRED QUALIFICATIONS:

• Familiarity middle office environments, funding and liquidity
• Knowledge regarding loan structures, derivatives, and securitizations
• Strong organizational and multitasking skills, attention to detail, and ability to work independently
• Intermediate Microsoft Excel skills
• Python, VBA, SQL and other programming skills & experience is a plus
• Experience designing dashboards and their related data models in Power BI
• Ability to work in a fast-paced deadline-driven environment
• Excellent verbal, written, and interpersonal communication skills
• Master's degree in applicable field

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 to 4 days per week and the flexibility to work outside the office location for the other days.
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: $64,855.00 - $76,300.00
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.