2025 Capital Markets Foreign Exchange Development Program

Posted:
8/13/2024, 5:00:00 PM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

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 Description

Our Foreign Exchange team  

At U.S. Bank, we help our customers and the businesses we serve make better and smarter financial decisions. 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.  

 

U.S. Bank’s Foreign Exchange franchise spans decades. In the past 10 years, it has seen significant growth in both client breadth and market share. We have a team of over 50 professionals in various roles including trading, sales/advisory, product development and technology. The foreign exchange marketing analyst will play a critical role within a growing team and will have the opportunity for significant career and personal development. 

 

U.S. Bank remains the 5th largest U.S bank, with over $500B in assets. It continues its growth trajectory by being well positioned relative to its peers and given its strong credit rating 

 

What you’ll do 

Become a financial market specialist, while working in a dynamic and supportive team environment. Over the course of our 3-year program, you will receive accelerated learning and skill development through a mix of formal training, mentorship, and a community of peers and advisors. 

 

As a foreign exchange development program analyst, you’ll: 

  • Conduct in-depth research and analysis of global foreign exchange markets, including macroeconomic factors, political events, and monetary policy decisions that impact currency movements. 

  • Execute FX client transactions, including spot, forward and option trades, as well as order management and trade query resolution. 

  • Prepare presentation materials and help develop and test risk management strategies to help mitigate currency risk exposure across various portfolios.  

  • Collaborate with broader client coverage teams including relationship bankers, treasury management consultants, and credit risk managers in addressing client needs.   

  • Work closely with our internal trading, middle and back-office teams to support client trading activity.  

  • Contribute to a dynamic team environment by providing support to colleagues across all activities on the desk. 

  • Build a supportive community of peers through a variety of cohort strengthening activities such as social events, volunteer days, and development workshops 

 

Who we’re looking for 

We’re looking for intellectually curious and creative thinkers who can think on their feet and thoughtfully react to a changing market.  

 

Basic qualifications: 

  • Bachelor’s Degree. Major or minor in economics or finance preferred 

  • Ability to start fulltime development program on June 23, 2025 

 

Preferred qualifications: 

  • Strong oral and written communication skills  

  • 2-4 years’ experience in the foreign exchange market 

  • Superior time management, including multi-tasking abilities and prioritizing daily tasks 

  • Quantitative skills - preferred proficiency in Excel (including VBA) and Tableau, including data manipulation and statistical modelling. Familiarity with Bloomberg also preferable. 

  • Strong PowerPoint presentation skills, with the ability to design and present information in a clear, concise, and compelling fashion 

  • The ability to work in a high volume, fast paced environment while retaining acute attention to detail  

  • Self-motivated with a keen desire to learn and contribute within a dynamic team environment 

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

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 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.

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: $78,965.00 - $92,900.00 - $102,190.00

U.S. Bank accepts applications for this position on an ongoing basis.