Standby Operations Associate
Company: U.S. Bank
Location: Gresham
Posted on: April 2, 2026
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Job Description:
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 This role supports the
end?to?end processing of Global Trade & Standby Services (GTSS) and
Foreign Exchange (FX) banking products throughout the full
transaction life cycle. The position plays a key role in ensuring
accuracy, compliance, and operational excellence across a variety
of trade and payment activities. You will handle products such as
Documentary Collections, Banker’s Acceptances, as well as FX
services including International Payments, Settlements, and
Investigations. The role requires strong analytical skills,
attention to detail, and the ability to collaborate closely with
internal partners, Relationship Managers, clients, beneficiaries,
and IT. This team also serves as a problem?resolution
group—verifying system setup, identifying issues, recalculating
fees, correcting payment terms, and ensuring future transactions
process accurately. Strong critical thinking and customer?facing
communication skills are essential. 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. Basic Qualifications High school diploma or
equivalent Five or more years of relevant work experience Preferred
Skills/Experience Thorough knowledge of fee?based operations,
accounting, or trade finance Standby Letters of Credit (SLCs) is a
plus (either handling them, reviewing documents, or understanding
the regulatory and compliance obligations) 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 applications 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 Review our full benefits available by employment
status here . 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:
$30.29 - $40.38 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.
Keywords: U.S. Bank, Salem , Standby Operations Associate, Accounting, Auditing , Gresham, Oregon