Macro Derivatives Middle Office Analyst – Operations

U.S. Bank

. Support the daily processing and reconciliation of macro derivatives trades across multiple products and systems .

Posted 9/23/2026full-timeUnited StatesSeniorLead💰 $98,345 - $115,700 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in derivatives trade processing, including trade lifecycle events and position reconciliation, while leveraging advanced analytical skills and proficiency in VBA and Python for process automation and reporting. Strong communication and relationship management abilities are essential for collaborating with trading teams and stakeholders.

Highest-signal resume keywords

Derivatives Trade ProcessingVBA DevelopmentPython AutomationPortfolio Risk MonitoringRelationship Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Derivatives Trade ProcessingTrade Lifecycle EventsPosition ReconciliationAnalytical SkillsProblem-Solving SkillsMicrosoft Office ProficiencyInterest Rate DerivativesOptionsFuturesTreasury Futures

Soft Skills

Communication SkillsRelationship ManagementCritical ThinkingAbility to Manage Multiple Priorities

Tools & Technologies

VBAPythonCalypsoPower BIPower Automate

Industry Keywords

Macro DerivativesMiddle-OfficeBack-OfficeInternational Banking OperationsForeign Exchange ProductsRegulatory ComplianceAudit ControlsOperational Integrity

Tech Stack

Tools & technologies

PythonVBA

About the role

Key responsibilities & impact

Support the daily processing and reconciliation of macro derivatives trades across multiple products and systems
Monitor portfolio risk and profit-and-loss activity to ensure accuracy, transparency, and operational integrity
Partner with Front Office trading teams and key business stakeholders to resolve issues and support strategic initiatives
Analyze workflows and identify opportunities to increase efficiency through automation and process improvements
Develop and maintain VBA and Python-based tools for reporting, reconciliation, and operational effectiveness
Participate in system enhancements, testing activities, and implementation initiatives
Serve as a subject matter expert between Front Office and downstream business partners
Maintain operational procedures, documentation, and controls for audit, regulatory, and governance requirements

Requirements

What you’ll need

High school diploma or equivalent
Eight or more years of relevant work experience
Experience supporting derivatives trading desks within a middle-office or back-office environment
Strong understanding of derivatives trade processing, trade lifecycle events, and position reconciliation
Experience supporting interest rate derivatives, options, futures, treasury futures, and related products
Knowledge of international banking operations, foreign exchange products, derivatives, and applicable regulations
Advanced analytical, critical-thinking, and problem-solving skills
Strong communication and relationship management abilities
Ability to manage multiple priorities in a fast-paced environment
Advanced proficiency with Microsoft Office applications
Demonstrated experience using VBA and Python to automate processes, develop reporting solutions, or improve operational workflows
Experience with Calypso is a plus
Experience with Power BI and Power Automate is preferred
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

Benefits

Comp & perks

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
Incentive and recognition programs
Equity stock purchase
401(k) contribution and pension