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Collateral Management Financial Analyst

U.S. Bank

U.S. Bank

IT, Accounting & Finance
Multiple locations
Posted on Dec 20, 2024

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

The Collateral Management Analyst role supports the implementation of a new collateralization optimization framework with the organization. The employee will work with various stakeholders to implement collateral optimization strategies. Work with manager to develop internal policies, procedures and processes. Analyze various data sets. Work daily with the Collateral Operations Group regarding collateral positioning and movements.

ESSENTIAL FUNCTIONS:

  • Collaborate with the investment Portfolio Managers, Funding Desk, Liquidity Management and Operations to design and implement necessary systems and process to enhance the Company’s available collateral.
  • Track collateral positioning and liquidity value
  • Work with a variety of team members, across business lines, to expand the existing loan collateral program
  • Partner with manager to develop and implement Collateral Management Policy
  • Work with Collateral Operations Team regarding collateral movements
  • Work with Funding Team regarding collateral positioning and regular monetization testing
  • Build, enhance, and maintain reporting analysis tools utilizing Power BI, Excel, Access, VBA, SQL and Python
  • Support monitoring and ad-hoc reporting requests by internal risk partners (Audit, Compliance, Asset Liability Management)
  • Work with Collateral Operations Manager to optimize collateral at industry utilities and intermediaries (central clearing houses)
  • Determine eligible securities for collateral demands
  • Respond to ad hoc inquiries and requests
  • Leverage quantitative and analytical skills and partner with Operations to identify control improvement and process flow

BASIC QUALIFICATIONS:

  • Bachelor’s degree in Business, Economics, Accounting, Finance, or related field
  • Three to five years of related experience in banking and/or financial services

PREFERRED QUALIFICATIONS:

  • Familiarity with fixed income securities, middle office environments, funding and liquidity
  • Strong organizational and multitasking skills, attention to detail, and ability to work independently
  • Intermediate Microsoft Excel and Microsoft Access skills
  • Python, VBA, SQL and other programming skills & experience is a plus
  • Experience designing dashboards and their related data models in Power BI
  • Ability to work in a fast-paced deadline-driven environment
  • Excellent verbal, written, and interpersonal communication skills
  • MBA preferred

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 to 4 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 (some may vary based on role, location or hours):

  • 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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,820.00 - $109,200.00 - $120,120.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.