Funding Junior Trader - New York, United States - U.S. Bank National Association

U.S. Bank National Association

Verified Company

New York, United States

3 days ago

Posted by:

Mark Lane

beBee recruiter

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.

The responsibilities of this role include:

Measure, monitor and manage daily Liquidity, Market, Credit, Operational and Regulatory risks for Corporate Bond, Municipal Bond, Loan, Foreign Exchange, Asset Back, Commodity and Interest Rate Derivative trading desks.
Assist Sr Traders in executing the funding of the broker dealer through Repo and Securities Lending trading.
Use VBA, SQL, Tableau, Power BI, and other tools to utilize data tools to enhance analysis and reporting capabilities. Partner with technology and finance groups to increase automation, productivity, and control, reduce operational risk and cos
Collaborating with the Corporate bond trading desk to provide intraday and EOD risk and funding levels
Build and maintain analytical tools for cashflows needs and P/L
Calculate, monitor, and publish daily summary of risk data of combined balance sheet to Senior Management, including position, VaR, CR01, DV01, stress scenarios and credit metrics as per the OCC Market Risk Rule
Analyze position price verification with third party data provider and inventory aging for possible liquidity impairment
Manage margin calls, repricing of securities, trade fails, and management of collateral.

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.

Hours 6:30 AM - 4:00 PM EST

Basic Qualifications

Bachelor's degree or equivalent work experience
3 year or less of relevant experience

Preferred Skills/Experience

Risk Management experience
Fixed Income experience
Bloomberg experience
Advanced Excel experience
Data Analytics experience
Willing to obtain FINRA Series 7 & 63

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
Shortterm and longterm disability
Pregnancy disability and parental leave
401(k) and employerfunded 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.

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.

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.