FX & Derivatives Associate

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.

We are seeking a detail-oriented and driven FX & Derivatives Associate to join our dynamic team, supporting a diverse portfolio of small, medium, and large corporate clients. In this client-facing role, you will collaborate with traders, portfolio managers, and senior sales professionals to execute FX transactions, deliver market insights, and develop tailored risk management strategies. You’ll play a key part in building and maintaining client relationships, resolving payment inquiries, and contributing to a high-performing team environment.

Key Responsibilities:

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

• Analyze global FX markets and macroeconomic trends to support client decision-making.

• Develop presentations and risk mitigation strategies aligned with client portfolios.

• Partner with relationship bankers, treasury consultants, and credit managers to address client needs.

• Coordinate with trading, 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 $140,000 - $160,000 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

Preferred Qualifications:

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

• 2-5 years of FX market experience.

• Strong oral and written communication skills.

• Proficiency in Excel (VBA), Tableau, Bloomberg, and PowerPoint.

• 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.

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:

• 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

Review our full benefits available by employment status here.

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 the E-Verify program.

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.