USD Rates Analyst

U.S. Bank • Charlotte, NC

1d • Onsite

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. We are seeking a highly motivated analyst to join our Rates Trading team. In this role, you will engage with senior traders as they build and expand our market making operation across all Rates products (Interest Rate Swaps and Options). You will participate in all aspects of trading activity including pricing, risk-managing, and modeling. You will also interact with our Sales team as they work to expand our client franchise and our Quant team as they work to expand our product offerings. This role requires collaboration among various stakeholders and offers an excellent opportunity to begin a career in Rates Trading.

Requirements

• Bachelor’s degree in finance, economics, mathematics, engineering or related field.
• 1–3 years of USD Rates market experience.

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.

Responsibilities

• Execute USD Interest Rate Derivative trades (Swaps, Swaptions, Caps/floors), manage client order flow and trade queries.
• Analyze global Rate 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 (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