Interchange & Scheme Fees Analyst

Equal Employment Opportunity Statement

We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation.

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)
• Conduct comprehensive financial analyses, including budgeting, forecasting, expense allocation, ad hoc business case development, peer group comparisons, and internal consulting across all management levels.
• Develop and maintain advanced spreadsheets and statistical models.
• Prepare a wide range of management reports and presentations to communicate financial insights effectively.
• Investigate and resolve discrepancies or errors in financial data sourced from reporting systems.
• Assist 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.

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.

Closing Date

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