Macro Data Analytics Reporting Analyst - Operations

U.S. Bank•Chicago, IL

3d•$124,355 - $146,300•Hybrid

About The Position

U.S. Bank is seeking an experienced Derivatives Data Analytics Reporting Analyst to support its Macro product teams. The role focuses on Rates and FX financial markets, derivatives data analysis, risk analytics, and reporting. The analyst will work closely with Macro Front Office desks and Middle Office operations, using cross-asset trading systems such as Calypso to analyze portfolio exposures and risk, develop analytics and models, and support business and regulatory reporting. The position offers exposure to FX and interest rate markets; derivatives such as swaps, swaptions, basis swaps, caps, and floors; quantitative research; market risk reporting and attribution; product development; data engineering and analytics; and trading infrastructure. The analyst will help the Macro Markets business understand market behavior, monitor risk, identify opportunities, and make data-driven decisions. This is a hybrid role requiring work from the U.S. Bank Chicago South La Salle location at least three days per week. The stated work schedule is Monday through Friday, with a 9 a.m. or 10 a.m. CST start time. The role is not eligible for visa sponsorship; candidates must be U.S. citizens and must not hold any type of visa.

Requirements

Bachelor's degree in a related field or equivalent work experience.
Six to eight years of statistical and/or data analytics experience.
In-depth knowledge of Rates and FX financial markets.
Hands-on experience working closely with a Rates or FX trading desk, or relevant experience in market data and risk analytics, valuation, quantitative modeling, or regulatory reporting.
Good understanding of derivatives products, including swaps, basis swaps, caps/floors, and swaptions.
Strong analytical and problem-solving skills.
Excellent troubleshooting skills and ability to resolve complex issues related to derivatives products.
Excellent communication and interpersonal skills.
Ability to work effectively in a fast-paced, dynamic environment.
Strong attention to detail and ability to meet deadlines.
Must be a U.S. citizen and not hold any type of visa; visa sponsorship is not available.
Ability to work from a U.S. Bank location three or more days per week.

Nice To Haves

Master's degree in STEM, Finance, Analytic Finance, or Financial Engineering, or equivalent work experience.
Technical proficiency in Python, VBA, and R.
Experience with cross-asset trading systems such as Calypso or Wall Street Systems (ION).
Experience with derivatives products, including swaps, basis swaps, caps/floors, and swaptions.
Experience in risk attribution and analytics, with a deep understanding of option Greeks (Vega, Delta, Gamma, Theta).
Professional certifications in relevant areas, such as CFA or FRM.

Responsibilities

Work with Macro Front Office desks to design and develop solutions for Rates and FX products, using cross-asset trading systems such as Calypso to analyze and manage portfolio exposure and risk.
Create market data and risk analytics, calculate profit and loss, and develop pricing and risk models.
Design and develop complex models and tools to satisfy business and regulatory reporting requirements.
Support Macro Middle Office operational functions.
Stay current with industry trends and regulatory changes related to interest rate derivatives.
Collaborate with stakeholders to identify and implement improvements in derivative trading operations.
Understand business requirements and translate them into technical solutions supporting the growth and expansion of Macro markets.
Work with internal teams to troubleshoot and resolve issues related to financial derivatives.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability insurance.
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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.