Interchange & Scheme Fees Analyst

Job Description

The Interchange and Scheme Fee Team is responsible for managing and analysing the complex fee structures associated with card transactions, primarily within the European market, but also across APAC, MEA, and LAC regions.

Our team ensures accurate calculation, reporting, and optimization of interchange and scheme fees across various payment networks.

Key Accountabilities

• Interchange and / or Scheme Fees management (including but not limited to bulletins analyses, tracking changes, products implementation, rates management, cost reconciliation, and procedures maintenance)
• Conducts comprehensive financial analyses, including budgeting, forecasting, expense allocation, ad hoc business case development, peer group comparisons, and internal consulting across all management levels.
• Develops and maintains advanced spreadsheets and statistical models
• Prepares a wide range of management reports and presentations to communicate financial insights effectively.
• Investigates and resolves discrepancies or errors in financial data sourced from reporting systems.
• Assists in the development and enhancement of financial applications and tools.

Skills & Experience Required

• Working knowledge of financial analysis techniques
• Well-developed mathematical and analytical skills
• Ability to identify and resolve exceptions
• Strong technical skills related to data mining and visualization tools
• Advanced MS Excel
• Experience with SQL or a commitment to learning it within the first 3 months
• Ability to read and comprehend technical documentation from card brands (e.g., Visa, Mastercard, JCB, AMEX, and others), published in English
• Additional information

Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

Accessibility

We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.

Total Rewards

U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.

We offer a market-competitive compensation package that includes:

• Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
• Performance-based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.
• Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness.
• Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
• Employee recognition programs that celebrate achievements and milestones for all.

We regularly review our compensation and benefits to ensure they remain competitive, inclusive, and responsive to employee needs and market trends. Further details of the compensation package will be provided upon application.

Closing Date

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