Business Operations Analyst - Global Trade & Standby Services - U.S. Bank

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** SUMMARY U.S. Bank has a great opportunity as we are adding a Business Operations Analyst to the Global Trade & Standby Services team! We are seeking an individual who has experience and understanding of accounting and reconciliations of transactions. In this role an individual is responsible for defining and performing accounting & systems analysis to improve workflow and operating efficiency. RESPONSIBILITIES - Ensure that all trade finance & standby LC transactions are accurately captured and accounted for in the financial systems. - Work closely with banks & internal departments to manage trade finance & standby LC facilities - Reconcile trade-finance and standby LC related entries between bank statements, internal records and trade finance systems. - Investigate and resolve discrepancies in trade finance and standby LC transactions including payments, fees and interest accruals - Ensure outstanding LC, Trade loans and FX transactions are accurately reflected in financial & operational systems - Liaise with banks, internal departments to resolve reconciliation issues - Prepare reconciliation reports for Trade Finance & Standby and timely escalation of any unresolved issues and discrepancies. - Assist in the performance of periodic reviews to assess level of regulatory compliance and support audits, exams and reviews being conducted in GTSS - Collect and organize data to track, monitor and report on the effectiveness of key controls. REQUIRED - Five or more years of related experience - Bachelor's degree, or equivalent work experience PREFERRED - 1-3 years of experience in regulatory compliance activities and/or quality assurance - Knowledge of trade finance operations, accounting, and reconciliation practices - Knowledge of government and industry regulatory laws and regulations - An understanding of Economic Sanctions Screening, AML & Antiboycott regulations - Strong understanding of project management and testing methodology and procedures - Ability to conduct an analysis of a business need, including scheduling meetings, planning agendas and conferring with business line leaders - Ability to research and manage multiple projects and deadlines simultaneously - Strong presentation skills, comfortable in raising an opposing perspective - Skilled in interacting with various business partners and levels of management - Excellent verbal and written communication skills - Proficient computer navigation skills using a variety of software packages including Microsoft Office applications - Highly organized, detailed oriented and able to prioritize work This position 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. 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 (https://careers.usbank.com/global/en/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 **EEO is the Law** U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal **KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)** EEO poster. **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 (https://careers.usbank.com/verification-of-eligibility-for-employment) . 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: $79,135.00 - $93,100.00 - $102,410.00 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. Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.