Derivative Portfolio Manager

U.S. Bank • Charlotte, NC

1d

About The Position

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 U.S. Bank has an opportunity for a Derivatives Portfolio Manager. This person supports WCIB and Derivative groups relationship managers, portfolio managers, and sales traders for existing and new customer relationships. The Derivative Portfolio manager will support FX, Commodities and Rates teams to design derivative limits, duration, risk analysis and portfolio management in conjunction with business lines as well. Evaluate credit worthiness, monitoring exposures across clients and asset class/business groups and supporting risk models and frameworks. This will include financial and risk analysis, internal risk ratings, credit approval process and collaboration on deal structures, ISDA/CSA, documentation and credit terms. Manage the portfolio to identify risk, trends, adherence to policy, procedures, guidelines, etc. Participate and contribute to the RFP response process for customer opportunities.

Requirements

• Bachelor's or Master's degree in finance, accounting or other related field
• 10 or more years of banking experience
• Three or more years of management experience

Nice To Haves

• Strong leadership abilities and strategic management skills
• Thorough knowledge of division and relation to industry
• Excellent verbal and written communication skills
• Excellent analytical, decision-making and problem-solving skills
• Considerable tact, diplomacy and people skills

Responsibilities

• Support WCIB and Derivative groups relationship managers, portfolio managers, and sales traders for existing and new customer relationships.
• Support FX, Commodities and Rates teams to design derivative limits, duration, risk analysis and portfolio management in conjunction with business lines as well.
• Evaluate credit worthiness, monitoring exposures across clients and asset class/business groups and supporting risk models and frameworks.
• Financial and risk analysis, internal risk ratings, credit approval process and collaboration on deal structures, ISDA/CSA, documentation and credit terms.
• Manage the portfolio to identify risk, trends, adherence to policy, procedures, guidelines, etc.
• Participate and contribute to the RFP response process for customer opportunities.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager