• Capital Markets Repo & Funding Middle Office

    US Bank (New York, NY)


    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

    Job responsibilities

    + Repo Trade Coordination: Manage repo trade activity by sourcing bids/offers from traders, tracking credit lines, booking trades, and ensuring timely settlement for multiple clients.

    + Repo Trade Confirmation & Monitoring; Validate and monitor all Fixed Income trades to ensure accurate entry into front-office systems such as Bloomberg TOMS and Apex.

    + Confirm trade details with clients to ensure mutual agreement and prevent discrepancies.

    + Trade Issue Resolution: Proactively identify and resolve trade-related issues to prevent failed settlements and Client Communication & Support Respond promptly to client inquiries via email, Bloomberg, or phone, ensuring high-quality service and resolution.

    + Ensure smooth transaction flow.

    + Trader Inventory Distribution: Compile and distribute trader inventory reports to clients using internal reporting tools.

    + Monitor and reconcile corporate actions as needed.

    Required qualifications, capabilities and skills:

    + Minimum 1-3 years’ experience in Capital Markets Repo & Funding

    + 1–3 years of experience in Fixed Income trade support or related operations

    + Strong interpersonal and communication skills

    + Ability to thrive in a fast-paced, dynamic environment

    + Exceptional attention to detail and analytical thinking

    + Proficiency in Bloomberg, Repo Systems (e.g. Apex, Helix, etc.) and Settlement systems

    + Bachelor’s degree required

    Preferred qualifications, capabilities, and skills:

    **•** TriParty & Sponsored Repo

    • Bilateral Repo trade lifecycle and settlement

    • BONY AccessEdge

    • Settlement processes for FED and DTC (Euroclear is a plus)

    • GSCC/FICC netting

    • Equilend/GLMX

    Licensing Requirements:

    + FINRA Series 7 and 63 or willingness to obtain within 120 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

     
     

    E-Verify

     
     

    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: $49.95 - $66.59

     
     

    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.