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Foreign Exchange Middle Office Manager

U.S. Bank

U.S. Bank

Operations
Atlanta, GA, USA · St Paul, MN, USA
USD 111,605-131,300 / year + Equity
Posted on Jun 26, 2025

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

Lead FX Middle Office team responsible for supporting the FX sales and trading desks by executing critical controls, managing risk, and streamlining processes. This role acts as a crucial link between the Front Office (sales and trading) and FX Operations, ensuring smooth trade execution and accurate reporting. Key responsibilities include monitoring trade profit and loss reporting and validation, FX transaction review and non-financial modifications, resolution of discrepancies, as well as supporting IT projects and new business initiatives. The manager will assist with the identification, assessment, and mitigation of risks associated with FX trading, including credit, market, and operational risk. Ensure all activities adhere to relevant regulations, policies, and internal controls. Identify opportunities to streamline processes, improve efficiency, and implement new technologies to enhance the FX workflow. Provide support to internal and external clients, addressing inquiries, and resolving issues related to FX transactions. Prepare and review various reports related to trade activity, risk positions, and operational performance.

    Basic Qualifications

    • Bachelor's degree or equivalent work experience

    • At least 7 years experience with BI applications; decision support systems, query and reporting, online analytical processing, statistical analysis, forecasting, and data mining.

    • At least 5 years experience with tools, facilities and techniques for managing and administering data.

    • At least 9 years experience within a total information technology (IT) environment.

    Preferred Skills/Experience:

    • Strong understanding of FX products and markets.
    • Five or more years of experience in a middle office or related role within a financial institution.
    • Excellent analytical and problem-solving skills.
    • Proficient computer skills, specifically Microsoft Office applications.
    • Exceptional communication and interpersonal skills.
    • Effective skills at managing stressful situations.
    • Strong attention to detail and commitment to accuracy.
    • Understand financial regulations and compliance requirements.

    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

    U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

    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: $111,605.00 - $131,300.00

    U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

    Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

    Posting may be closed earlier due to high volume of applicants.