FX Trading Associate

U.S. Bank • New York, NY

3d

About The Position

U.S. Bank is seeking a motivated Associate to join its Foreign Exchange Trading team. The Associate will work with senior traders to build and expand the bank’s market-making operation across FX products, including spot, forwards, basis, and options. The role involves participating in pricing, risk management, and modeling, and collaborating with Sales and Quant teams to expand the client franchise and product offerings. It offers an opportunity to develop a career in foreign exchange trading while contributing to a collaborative trading desk.

Requirements

• Bachelor’s degree in finance, economics, mathematics, engineering, or a related field.

Nice To Haves

• Strong quantitative ability.
• Strong oral and written communication skills.
• Proficiency in Excel (VBA), Python, AI coding techniques, and Bloomberg.
• Ability to manage multiple tasks in a fast-paced environment with attention to detail.
• Self-starter with a strong desire to learn and grow within a dynamic team.
• 2–3 years of FX market experience.

Responsibilities

• Execute FX trades in spot, forward, basis, and options products, and manage client order flow and trade queries.
• Analyze global FX markets, macroeconomic trends, and relevant data to support market-making activity.
• Develop risk-mitigation strategies aligned with client portfolios.
• Partner with Sales, relationship bankers, treasury consultants, and credit managers to address client needs.
• Coordinate with sales, middle-office, and back-office teams to ensure seamless execution.
• Support team operations and contribute to a collaborative desk culture.

Benefits

• Healthcare, including medical, dental, and vision coverage.
• Basic term and optional term life insurance.
• Short-term and long-term disability coverage.
• Pregnancy disability and parental leave.
• 401(k) and employer-funded retirement plan.
• Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Annual discretionary incentive.
• Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level