Derivatives Data Analytics Analyst

Us Bank; Chicago (IL); Hybrid; USD 124,000 - 146,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability insurance

Paid vacation

Holiday opportunities

401(k)

Job summary

U.S. Bank is seeking a Derivatives Data Analytics Reporting Analyst to join the Macro Markets team in Chicago. You will leverage data to analyze rates and FX exposures, develop risk models, and support regulatory reporting across derivative products.

Ideal candidates bring deep knowledge of rates and FX markets, experience with Calypso or similar trading systems, and strong Python, VBA, and R skills to turn data into actionable insights for trading desks and risk management.

Qualifications

• Bachelor's degree in a related field or equivalent work experience.
• 6–8 years of statistical and/or data analytics experience.
• Experience with derivatives products (swaps, basis swaps, cap/floor, swaption).
• Strong analytical and problem-solving skills; able to troubleshoot complex issues.

Responsibilities

• Work with MACRO Front Office to design and develop rates/FX analytics.
• Create market data, risk analytics, P&L, and pricing models.
• Develop complex models to meet reporting requirements.
• Support Macro Middle Office operations.
• Stay updated on industry trends and regulatory changes in derivatives.
• Collaborate to improve derivative trading operations.
• Translate business requirements into technical solutions for MACRO markets.

Skills

Analytical skills

Problem-solving

Troubleshooting

Python

VBA

R

Cross-asset trading systems

Derivatives risk analytics

Communication

Attention to detail

Education

Bachelor's degree in a related field

Master's degree in STEM/Finance/Analytics

Tools

Calypso

Wall Street Systems (ION)

Job description

U.S. Bank is seeking a Derivatives Data Analytics Reporting Analyst to join the Macro Markets team in Chicago. You will leverage data to analyze rates and FX exposures, develop risk models, and support regulatory reporting across derivative products.

Ideal candidates bring deep knowledge of rates and FX markets, experience with Calypso or similar trading systems, and strong Python, VBA, and R skills to turn data into actionable insights for trading desks and risk management.