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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. 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. Try new things, learn new skills and discover what you excel at—all from Day One.

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.

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

We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do.

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.

We encourage candidates to explore the full value of our offer, including monetary and non-monetary benefits, at Employee benefits and development | U.S. Bank | Elavon.

Closing Date

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

We aim to provide timely updates throughout the process and encourage early applications to ensure consideration.

Interchange & Scheme Fees Analyst

Benefits

Job Description