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Financial Systems Analyst

U.S. Bank

U.S. Bank

IT, Accounting & Finance
Minneapolis, MN, USA
Posted on Nov 17, 2023

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 is seeking a detail-oriented Financial Systems Business Analyst to support the Finance Division’s management and regulatory reporting system (OFSAA) in the Management Reporting Operations (MRO) group. This involves attending the TOS Project meetings and representing MRO and our application files. This includes, managing the design (if new), development, maintenance of existing files into FDW/OFSA. These data feeds provide the information needed to support bank-wide Basel initiatives, Regulatory Reporting initiatives, and any new data elements needed for the Bank’s new reporting application software (Axiom).

The Analyst will attend project meetings that have gone through the prioritization process and are ready to start development work. They will read/interpret business requirements written by the Business Lines for changes to application files and determine impact to MRO. The Analyst should have a good understanding of the Business so that when needed, they are able to challenge the Business Lines when necessary. In addition, the Analyst will need to interpret the TOS functional/technical design documents written by the programmer. It could also involve writing business requirements when FDW/OFSA requires additional data elements.

As projects move through the development life cycle, the role will require testing, reconciliation and problem solving. It will involve querying information from a data warehouse, coding in PL/SQL for data processing and performing other ad-hoc data mining, profiling and financial analysis. Finally, as the project moves into production, the role will maintain project and data interface related documentation.

Specific duties will include the following:

  • Gaining a working knowledge of bank products and systems in order to write business requirements for new interfaces.

  • Researching and analyzing financial data

  • Working with other programmers and reviewing technical design documents

  • Testing and reconciling data, often using Microsoft Office

  • Documenting test issues and re-testing until bugs are worked out and data reconciles

  • Data warehousing (Creating Oracle tables and loading test files using Oracle SQL Loader.)

  • Writing Oracle procedures (PL/SQL) to refine the data and add other Managerial Reporting data including Transfer Pricing, Basel capital and other calculations

  • Sharing in monitoring month-end close activities, including over weekends as applicable

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • 4-6 years of related experience in information systems technology

Preferred Skills/Experience

  • Strong analytical, mathematical, and problem-solving skills

  • Strong attention to detail and organization

  • Strong understanding of Financial and Business concepts.

  • Desire and ability to produce accurate, high-quality work

  • Proficiency in Microsoft desktop tools such as Excel and Access.

  • Working knowledge in SQL, SQL Loader, PL/SQL, and TOAD for Oracle.

  • Ability to manage and prioritize multiple projects and deliver results on aggressive deadlines.

  • Excellent communication skills – both written and oral.

  • Expertise in analytical and data profiling.

  • Experience in requirements and functional design analysis and system development life cycle.

Tag: INDMO

This role is hybrid preferred but could go remote for the right candidate. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working 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.

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.

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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $76,840.00 - $90,400.00 - $99,440.00