U.S. Bank · 15 hours ago
Standby Operations Associate
Saint Paul, MN
Full-time
Hybrid
Mid Level
$27.50/hr - $36.68/hr
3+ years expU.S. Bank is dedicated to helping customers and communities thrive through better financial decisions. The Standby Operations Associate role involves supporting the processing of Global Trade & Standby Services and Foreign Exchange banking products, ensuring accuracy and compliance throughout the transaction life cycle.
BankingFinancial ServicesInsuranceMortgageWealth Management
Responsibilities
Support the processing of GTSS and FX transactions at various stages of the trade life cycle
Review, execute, and reconcile trade transactions, payments, settlements, and related documentation
Verify transactional completeness and accuracy in alignment with service levels, policies, terms, and procedures
Ensure all necessary documentation, materials, and approvals are in place before processing or releasing transactions
Identify and resolve discrepancies, including incorrect system setups, fee calculations, or payment terms
Partner with IT to troubleshoot system issues and support long‑term solutions
Communicate with clients regarding outstanding items, invoice clarification, and payment‑related questions
Collaborate with Relationship Managers and internal teams to validate calculations, prepare Excel templates, and support client needs
Ensure regulatory and credit approvals are obtained prior to issuance processing or release
Examine documents for compliance with LC terms
Work with RMs, clients, beneficiaries, and internal/external Counsel to structure and finalize complex SBLCs
Advise management on developments that may impact processes or departmental operations
Qualification
Required
High school diploma or equivalent
Three or more years of relevant work experience
Preferred
Thorough knowledge of specific international banking products, payment services, foreign exchange and general bank operating policies and procedures
Strong problem-solving and client servicing skills
Ability to identify and resolve/escalate complex problems with minimal guidance
Effective verbal and written communication skills
Proficient computer navigation skills using a variety of software packages including Microsoft Office and Excel applications
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
Company
U.S. Bank
At U.S.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$991MKey Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO
Leadership Team
John C Stern
CFO
Shruti Patel
Executive Vice President & GM, CPO- Business Banking segment
Recent News
2026-01-20
2026-01-20
2026-01-20
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