Sr. Financial Analyst ( Interest Rate Risk Analytics)

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

Asset Liability Management (ALM) is a division within Corporate Treasury whose responsibility it is to provide senior management with accurate, timely and comprehensive forecasts of the balance sheet and net interest income (NII). ALM is also responsible for managing the asset and liability positions of the bank, primarily through the measurement and monitoring of interest rate risk, to help inform and develop balance sheet strategies. The Consolidated Reporting and Interest Rate Risk Analytics team within ALM supports those efforts by communicating balance sheet and NII performance as well as the Company’s short and long-term interest rate risk positioning to senior management in order to assess financial results (both projected and actual) against the Company’s risk appetite framework.

ALM’s Consolidated Reporting and Interest Rate Risk Analytics team is seeking a strong, decisive, result-oriented contributor who will be responsible for supporting the forecast production process.  

Job responsibilities:

• Coordinate with relevant forecast teams to incorporate product level assumptions into the Company’s ALM data system (QRM) to calculate forward looking balance sheet and NII projections as well as the firm’s interest rate risk positioning

• Perform detailed attributions around the Company’s balance sheet and NII, and interest rate risk positioning to understand performance drivers

• Support reporting of interest rate risk positioning to senior management and relevant operating committees and sub-committees

• Support implementation and testing of quantitative modeling methods used to quantify the Company’s interest rate risk

• Leverage forecast output / processes to support other critical ALM processes such as liquidity risk, capital management and stress testing

• Help inform, support and develop balance sheet strategies to drive financial results within the company’s risk appetite

• Actively seek to understand how changes in the regulatory and/or macroeconomic environment may impact ALM activities and reporting routines

Basic Qualifications:

• Bachelor’s degree in finance, accounting, economics or another analytical discipline; Master’s degree preferred

• At least 3-5 years of experience in corporate treasury or finance (Asset Liability Management or capital markets experience preferred)

Preferred Qualifications:

• Self-motivated individual who can complete projects independently and provide actionable insight to senior management

• Willingness to take on challenging assignments and provide analytically driven recommendations to senior management

• CFA/CPA/FRM or progress towards any of these designations preferred

• Proficiency with Microsoft Office with a specific focus on financial modeling in Excel and PowerPoint presentations

• Experience in ALM systems (QRM, BancWare, Polypaths), Essbase, SQL Server or Bloomberg all preferred

The 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.

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 (fr