FX Analyst

Job Description

U.S. Bank is seeking a highly motivated analyst to join our Foreign Exchange (FX) Trading team. In this role, you will engage with senior traders as they build and expand our market-making operation across all FX products (Spot, Forward, Basis, Options). You will participate in all aspects of trading activity, including pricing, risk management, and modeling. You will also interact with the Sales team to expand our client franchise and with the Quant team to expand our product offerings. This role requires collaboration among various stakeholders and provides an excellent opportunity to begin a career in Foreign Exchange Trading.

Key Responsibilities

• Execute FX trades (spot, forward, basis, options), manage client order flow, and handle 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.

Compensation

• Base pay for this role usually falls within $100,000–$110,000 and will include an annual discretionary incentive.
• Your compensation expectations will be discussed with a U.S. Bank recruiter if you are contacted to discuss the role further.
• Pay Range: $81,345.00–$95,700.00 (salary range reflects the primary location; the actual range may differ based on location).

Basic Qualifications

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

Preferred Qualifications

• 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.
• 1–3 years of FX market experience.

Additional Information

• This position is not eligible for visa sponsorship.

Benefits

Benefits are designed to help you and your family boost health, protect financial security, and provide peace of mind. Benefits include:

• 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