Trade Operations Associate

Trades Operations Associate

Global Fund Services (GFS) Shared Services supports U.S. Bank's registered investment fund clients by providing centralized, scalable operational solutions. Our Trade Operations team sits at the intersection of investment data, technology, and client service, ensuring trade information moves accurately and efficiently in and out of the bank across multiple asset classes.

Due to growing client volume, the team is expanding and looking for individuals who are curious, detail-oriented, and comfortable working with complex financial data in a collaborative environment.

Position Summary

The Trades Operations Associate supports the end-to-end handling of trade data received from clients and transmitted through U.S. Bank systems. This role requires comfort working across multiple asset classes, interpreting and translating trade files, and collaborating closely with internal partners and external clients.

Successful candidates will bring strong analytical skills, clear communication abilities, and a willingness to "roll up their sleeves" in a high-volume, evolving environment.

Key Responsibilities

• Interpret, validate, and process incoming and outgoing trade files across multiple asset classes, including derivatives, options, futures, equities, and fixed income
• Support the movement of trade data into and out of the bank, ensuring accurate and timely transmission to internal systems and downstream partners
• Work with primary trade communication and data transmission methods, including FTP, SWIFT, Pivot, and email
• Assist with file translation and data manipulation, converting trade data into formats ingestible by internal platforms such as Eagle
• Utilize or support ETL and file translation tools, including IWS (within the Eagle platform) or similar technologies
• Partner closely with technology teams, business line partners, and subject matter experts (SMEs) to resolve data issues and support operational workflows
• Participate in client onboarding activities, including collaboration with external clients to explain file requirements, data transmission processes, and operational hand-offs
• Provide clear communication and "hands-on support" to clients when navigating data-related questions or challenges
• Support a growing, high-volume operation by demonstrating flexibility, prioritization skills, and a strong attention to detail
• Contribute to documentation, controls, and continuous improvement initiatives within Trade Operations

What We're Looking For- Bachelor's degree, or equivalent work experience- One to two years of direct experience, or three to five years of related experience

Preferred Skills/Experience

• Early-career to developing experience in trade operations, fund services, financial operations, or data processing
• Comfort working across multiple asset classes and interest in learning complex financial instruments
• Experience or exposure to trade file handling, data feeds, or operational workflows
• Familiarity with FTP, SWIFT, Pivot, ETL tools, or file translation processes preferred
• Strong analytical skills with the ability to interpret data and identify exceptions
• Clear, professional written and verbal communication skills, including comfort interacting with external clients
• Ability to collaborate effectively with internal technology teams, business partners, and SMEs
• Adaptability and organization in a fast-paced, high-volume environment

Why This Role Matters

• Direct exposure to registered investment fund operations and institutional-scale trade processing
• Hands-on experience with investment data, securities, and operational technology
• Opportunity to build a strong operational foundation within Global Fund Services
• High visibility collaboration across clients, technology, and business partners
• Growth potential within a team that is actively expanding due to increased volume

Schedule and Work Model

• Schedule: Standard hours are Monday through Friday from 8:305:30; occasional evening or weekend work may be required for system enhancements.
• This role requires working from a U.S. Bank location three (3) or more days per week.

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:

• 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.

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: $60,435.00 - $71,100.00

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.