Foreign Exchange Operations Junior Associate - Settlements

U.S. Bank • Gresham, OR

2d • Hybrid

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. Your journey starts now Make an Impact in Global Banking Operations Are you energized by fast-paced environments, detail-oriented work, and global financial transactions? Join our Global Trade & Standby Services (GTSS) team and play a critical role in supporting Foreign Exchange (FX) settlements and international trade operations. This is an entry-level opportunity designed for individuals eager to build a career in banking operations—no prior FX experience required. We provide training and hands-on exposure to global transactions, giving you a strong foundation in international banking.

Requirements

• High school diploma or equivalent
• At least one year of relevant work experience

Nice To Haves

• Exposure to banking, financial services, or international transactions
• Strong communication and customer service skills, with the ability to interact with both internal and external stakeholders
• Detail-oriented with solid problem-solving and organizational abilities
• Proficiency with Microsoft Office (Word, Excel, PowerPoint, PDF tools)
• Ability to manage multiple priorities in a structured, deadline-driven environment

Responsibilities

• Process and support FX settlements, international payments, and trade-related transactions
• Partner with front office teams to validate trade details, booking information, and settlement instructions
• Review and reconcile transaction activity to ensure accuracy and alignment with regulatory and internal standards
• Coordinate workflows across internal partners and external clients, ensuring smooth transaction execution
• Support trade confirmations and settlement instructions via systems such as SWIFT or Fed platforms
• Investigate discrepancies, escalate issues, and assist with exception resolution and client inquiries
• Contribute to process improvements and project work, particularly within the confirmations and settlements space
• Ensure daily production goals and service level agreements (SLAs) are consistently met

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED