U

U.S. Bank

Runs a national bank and processes card payments

Business Technology Systems Analyst

Full-TimeDeadline 11/2/26
$117.7k - $138.5k+ Incentive and recognition programs + Equity stock purchase
Mid, Senior, Expert
Bachelor's
Milwaukee, WI, USA+1 moreMore locations: Hackensack, NJ, USA
Remote
Business & StrategyBusiness Operations

About the job

Requirements
  • A bachelor's degree or equivalent work experience.
  • Five to ten years of experience in project management, process improvement, business analysis, or related activities.
  • Previous work experience in fund accounting, fund administration, custody administration, or related investment operations environments.
Responsibilities
  • Participate in identifying, designing, developing, and implementing business process, operational, or systems-related projects.
  • Partner with internal and external stakeholders to ensure projects are completed successfully and on time in accordance with business needs.
  • Participate in user training, change management activities, and project evaluation.
  • Use industry and operational expertise to identify process improvement opportunities, enhance controls, and drive operational efficiency.
  • Analyze business processes, identify gaps and risks, and recommend solutions to improve service quality, productivity, and operational effectiveness.
Desired Qualifications
  • Comprehensive knowledge of the relevant business line or functional area.
  • Demonstrated experience supporting or improving operational processes within fund accounting, fund administration, custody, asset servicing, or investment operations organizations.
  • Strong understanding of investment operations workflows, controls, data flows, and associated risks.
  • Advanced knowledge of project management and process improvement methodologies.
  • Ability to identify, analyze, and resolve exceptions using data-driven approaches.
  • Experience leading cross-functional initiatives and influencing stakeholders across multiple business functions.
  • Ability to analyze complex data and translate findings into actionable recommendations.
  • Proficiency in process mapping, root cause analysis, and continuous improvement techniques.
  • Strong technical skills, including experience with SQL for data extraction, analysis, reporting, and data validation.
  • Experience with Python, .NET, Java, or similar programming languages to support automation, application development, and process improvement initiatives.
  • Advanced proficiency in Microsoft Excel, including VBA, Power Query, and complex data analysis techniques.
  • Experience with Microsoft Power Platform (Power BI, Power Apps, Power Automate), Alteryx, and SQL Server Reporting Services (SSRS).

About the company

U.S. Bank is one of the largest banks in the United States, serving consumers, small businesses, corporations, and government agencies with banking, lending, payments, and wealth management. Its Elavon subsidiary is one of the world's biggest processors of card payments for merchants, handling sales in the United States, Canada, and Europe. People and small businesses use its branches and mobile app for checking, savings, credit cards, mortgages, and loans, while companies use it for corporate cards and cash management, and the bank earns money from loan interest and fees. U.S. Bank received national bank charter No. 24 in 1863, under President Abraham Lincoln, and is based in Minneapolis as the main subsidiary of U.S. Bancorp.

Company Size

10,001+

Company Stage

IPO

Headquarters

Minneapolis, Minnesota

Founded

1863

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Simplify's Take

What believers are saying

  • Profits are climbing: net income rose 20% to $2.2 billion in the June 2026 quarter on record $7.7 billion revenue.
  • Room to grow: U.S. Bank listed 1,285 open roles in October 2026, led by 512 in branch banking.
  • Stability has a track record: U.S. Bancorp stayed profitable through the 2008 financial crisis, earning $2.9 billion that year.

What critics are saying

  • Its card-processing arm is slowing: after losing European sales partners, merchant revenue grew just 2.3% in the June 2026 quarter.
  • Headcount keeps falling: U.S. Bancorp's staff shrank 12% in three years, to 68,520 by December 2025.
  • Expect three office days a week: since March 2024, attendance counts in performance reviews for staff near its hub offices.

What makes U.S. Bank unique

  • Payments is unusually big for a bank: card issuing, merchant processing and corporate payments made 23% of revenue in mid-2026.
  • Washington pays with its cards: only U.S. Bank and Citibank issue federal SmartPay cards, about $40 billion a year.
  • Amazon chose it over American Express: U.S. Bank began issuing Amazon's small business credit cards in May 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Holidays
  • Adoption Assistance
  • Paid Sick Leave

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Watsco, the largest distributor in the North American HVAC market, has signed a $750 million unsecured senior revolving credit facility. Bank of America led the deal, joined by JPMorgan Chase, PNC Bank, Wells Fargo, U.S. Bank and five other banks. The five-year facility amends and extends Watsco's existing credit line. An initial draw repaid $69.7 million owed under the prior facility. Further borrowings will fund working capital, acquisitions, dividends and other general purposes. The terms include more borrowing capacity, covenant flexibility and better fit with the seasonal nature of Watsco's working capital needs. "A committed source of low-cost debt is an important building block of our growth strategy," said Barry S. Logan, executive vice president.

Minichart
Oct 17th, 2026
Global Partners extends $1.5B credit facility maturity to 2031, swaps three lenders

Global Partners LP (NYSE: GLP) extended the maturity of its principal credit facility by more than three and a half years, from March 20, 2028 to October 16, 2031. The partnership amended the agreement on October 16, 2026. The facility keeps its $1.0 billion working capital commitment and $500 million revolver commitment, for $1.5 billion in total. The interim working capital commitment was cut to $0. Three lenders exited: Toronto-Dominion Bank, New York Branch, KeyBank, and ING Capital. TD Bank, PNC Bank, U.S. Bank, and Valley National Bank joined. Bank of America remains administrative agent. Global Hampton 95 Development LLC joined as a guarantor, pledging substantially all personal property as collateral.

Business Wire
Oct 16th, 2026
Updation teams up with US Bank to modernise dealership payments with real-time options

U.S. Bank and Updation, an AI-powered accounts payable and vendor management platform for car, truck, RV, and powersports dealerships, have announced a collaboration to streamline dealers' payments and financial operations. Updation will use U.S. Bank Embedded Payment Solutions, including a for-benefit-of (FBO) account structure. Funds are held and moved within a bank-managed framework, which adds controls and means Updation does not directly handle customer funds. Updation clients can move beyond certified checks to options such as real-time payments. "That creates a faster, more efficient payment experience for dealerships," said Joe Voica, head of embedded payments at U.S. Bank. Updation chief executive officer Layton Judd said the deal brings accounting intelligence, workflow, and payments into one platform.

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Kalkine Media
Oct 5th, 2026
MGE Energy extends credit facility to 2031, boosts commitment to $210M

MGE Energy and its subsidiary Madison Gas and Electric announced on 5 October 2026 that they amended and restated three revolving credit agreements, extending maturity dates to 1 October 2031. The amendments include options for up to two additional one-year extensions, potentially pushing maturity to 2033. The MGE JPMorgan Chase credit facility's aggregate commitments increased from $90 million to $210 million. MGE Energy can borrow revolving funds and request letters of credit up to $50 million, with the option to seek an additional $25 million. Madison Gas and Electric's agreement with U.S. Bank National Association permits revolving borrowings up to $40 million. The agreements require borrowers to maintain a consolidated indebtedness to consolidated total capitalisation ratio not exceeding 65%. These amended agreements replace the original credit agreements established on 8 November 2022.