Sr. Financial Analyst (ALM Forecast)

U.S. Bank; Minneapolis (MN); Hybrid; USD 128,000; Full time

Job summary

U.S. Bank is seeking a skilled Financial Analyst for its Corporate Treasury team in Minneapolis. This role focuses on accurate forecasting and analysis to guide senior management in financial decision-making. Ideal candidates will have advanced skills in financial analysis and a strong background in data analytics and risk management.

Benefits

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement plan

Paid vacation (from two to five weeks)

Sick and Safe Leave accruals

Adoption assistance

Qualifications

• Typically five or more years of related experience.
• Financial services/Banking experience with knowledge of industry products is preferred.
• Excellent written and verbal communication skills.

Responsibilities

• Provide forecasts of the balance sheet and net interest income (NII).
• Analyze Loans and FTP performance drivers by line of business.
• Coordinate with finance partners to support balance sheet strategies.

Skills

Financial analysis

Data analytics

Interest rate analytics

Forecasting

Education

Bachelor's degree

Tools

Excel (Advanced)

SQL

Power BI

Tableau

Job description

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

U.S. Bank’s Corporate Treasury department is hiring. We’re looking for a skilled Financial Analyst to join the Asset Liability Management (ALM) Forecast Team. In this role, you’ll be responsible for providing senior management with accurate, timely and comprehensive forecasts of the balance sheet and net interest income (NII). ALM is also responsible for managing the asset and liability positions of the bank, primarily through the measurement and monitoring of interest rate risk, to help inform and develop balance sheet strategies.

Key qualifications include:

• Experience in any of the following: Corporate Treasury, forecasting, financial analysis, FTP, stress testing/CCAR, financial modeling, interest rate analytics, data analytics

• Technical skills: Excel (Advanced), SQL, Data Visualization Tools (Power BI/Tableau)

In this role, you’ll be responsible for:

• Coordinate with business finance partners and model development to create a Loans balance sheet and income forecast that incorporates macroeconomic drivers, historical behavior, and line of business strategy

• Perform analysis around Loans and FTP (both projected and actual) to understand performance drivers by line of business and product, and communicate balance sheet and income impacts across relevant stakeholders

• Develop business partner relationships with other associates across the ALM team, Corporate Treasury, business finance teams, and line of business stakeholders

• Leverage Loan model outputs to support critical use cases such as interest rate risk, capital management and stress testing, funds transfer pricing, and liquidity risk

• Actively seek to understand how changes in the regulatory and/or macroeconomic environment may impact Loan and FTP drivers

• Help inform and support strategies to drive financial results within the company's risk appetite

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically five or more years of related experience

Preferred Skills/Experience

- Financial services/Banking experience with knowledge of industry products

Excel (Advanced), SQL, Data Visualization Tools (Power BI/Tableau), PowerPoint

- Well-developed mathematical and analytical skills

- Excellent written and verbal communication skills

- Ability to analyze data, identify trends, and recognize anomalies

- Willingness to learn quantitative and qualitative risk factors, industry risks, competition risk, and risk management approaches

- Experience in any of the following - ALM, Corporate Treasury, forecasting, NII, FTP, stress testing/CCAR, balance sheet management, ALCO, model output validation, financial modeling, interest rate analytics, data analytics

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

INDMO

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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 theE-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: $98,175.00 - $115,500.00 - $127,050.00

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.

Posting may be closed earlier due to high volume of applicants.