Jobs · Management · Illinois

Multiple Positions - Foreign Exchange Operations Associate - Global Trades

U.S. Bank · Chicago, IL · 3 wk ago
HybridManagement$28.27–$37.69/hrInternship

About the Role

At U.S. Bank, we're committed to helping our clients and communities thrive. Behind every international payment, foreign exchange transaction, and global trade activity is a team of operations professionals who ensure accuracy, efficiency, and exceptional service. As a Foreign Exchange Operations Associate, you will play a vital role in supporting Foreign Exchange (FX) and Global Trade & Standby Services (GTSS) operations. You'll work with international payments, settlements, investigations, trade transactions, and related documentation while partnering with internal stakeholders to ensure timely and accurate execution of critical banking activities.

This is an excellent opportunity for professionals who thrive in deadline-driven environments and enjoy work that directly impacts international banking operations. You'll develop expertise in foreign exchange and international banking products while working alongside experienced professionals in a highly collaborative environment.

Responsibilities

  • Process and support Foreign Exchange (FX) and Global Trade & Standby Services (GTSS) products throughout the transaction lifecycle.
  • Facilitate trade transactions, payments, settlements, investigations, and disbursements with various internal and external stakeholders.
  • Review, execute, reconcile, and validate transactions and supporting documentation to ensure accuracy and compliance.
  • Monitor time-sensitive workflows and prioritize work to meet strict processing deadlines.
  • Identify issues, investigate exceptions, and escalate complex problems when necessary.
  • Ensure adherence to established policies, procedures, controls, and regulatory requirements.
  • Utilize bank systems and technology tools to complete daily operational activities efficiently and accurately.

Requirements

We're seeking professionals who are organized, adaptable, and comfortable managing competing priorities in a fast-paced operations environment. Successful candidates are detail-oriented problem solvers who can remain focused when working against critical deadlines.

Qualifications

  • High school diploma or equivalent
  • Five or more years of relevant work experience

Skills

  • Experience supporting payments, wire transfers, treasury operations, fintech operations, banking operations, or other deadline-driven transaction environments.
  • Knowledge of foreign exchange products, payment services, international banking operations, or related financial services products.
  • Understanding of money movement, finance, accounting, settlements, or transaction processing.
  • Strong time management and prioritization skills with the ability to balance multiple deadlines.
  • Proven problem-solving skills and ability to identify, resolve, or escalate issues independently.
  • Effective written and verbal communication skills.
  • Strong computer proficiency, including experience navigating multiple systems and Microsoft Office applications, particularly Excel.
  • Data entry and operational processing experience with a focus on accuracy and attention to detail.

Schedule

  • Standard schedule: Monday through Friday, 8:00 a.m. – 5:00 p.m.
  • Hybrid work arrangement: 3+ days in office

Benefits

  • 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

Pay

Pay Range: $28.27 - $37.69 per hour. 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, and 401(k) contribution and pension (all benefits are subject to eligibility requirements).

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