Municipal Fixed-Income Middle Office Analyst

US Bank; Charlotte (NC); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Healthcare

401(k) and employer-funded retirement

Paid vacation

11 paid holidays

Adoption assistance

Disability coverage

Job summary

U.S. Bank seeks a Municipals Product Group Middle Office Associate to provide day-to-day post-trade support for municipal securities. You will partner with Trading, Sales, Operations, Finance, Technology, and counterparties to ensure accurate processing and settlement from trade execution to P&L validation.

The role requires detailed knowledge of the trade lifecycle and a proactive approach to risk, controls, and process improvements in a fast-paced trading environment.

Qualifications

• Bachelor's degree or equivalent combination of education and relevant work experience.
• 3–5 years of experience in capital markets, fixed income trading support, middle office, operations, or related financial services environment.
• Experience with Bloomberg or similar trade entry platforms is required.
• Direct experience with MSRB reporting requirements, rules, and regulations is required.
• Understanding of municipal products, capital markets, secondary activities, and trade lifecycle management is preferred.

Responsibilities

• Support the post-trade processing lifecycle for Muni transactions from execution through settlement.
• Serve as a primary point of contact between trading, sales, operations, finance, and external counterparties.
• Monitor and resolve trade exceptions, settlement discrepancies, and reconciliation breaks in a timely manner.
• Validate trade allocations, trade economics, and position accuracy across internal systems.
• Assist with daily profit and loss (P&L) reconciliation and reporting processes.
• Support new issue syndicate transactions, including order management, allocations, and settlement coordination.
• Participate in the development and enhancement of operational controls, procedures, and process improvements.
• Identify operational risks and escalation issues appropriately to management.

Skills

Attention to detail

Analytical thinking

Problem solving

Communication

Education

Bachelor's degree or equivalent

Tools

Bloomberg

Job description

U.S. Bank seeks a Municipals Product Group Middle Office Associate to provide day-to-day post-trade support for municipal securities. You will partner with Trading, Sales, Operations, Finance, Technology, and counterparties to ensure accurate processing and settlement from trade execution to P&L validation.

The role requires detailed knowledge of the trade lifecycle and a proactive approach to risk, controls, and process improvements in a fast-paced trading environment.