Business Operations Analyst

U.S. Bank • Harrisburg, PA

3d • $66,640 - $78,400 • Hybrid

About The Position

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. U.S. Bancorp Asset Management, Inc. (USBAM) is an SEC-registered investment adviser providing investment advisory services across a diverse range of products, including registered investment companies, private funds, and separately managed accounts. As of September 30, 2025, USBAM manages more than $402 billion in assets across fixed income, OCIO, LGIPS, and fund strategies. The Portfolio Analyst role sits within the Portfolio Administration team and plays a key role in daily account reconciliation, reporting, and client service support. The ideal candidate will demonstrate strong attention to detail, a solid foundation in reconciliation, and well-developed analytical, technical, and communication skills.

Requirements

• Bachelor’s degree, or equivalent work experience
• Typically four or more years of related experience

Nice To Haves

• Bachelor’s degree required; preferred areas of study include Mathematics, Statistics, Finance, or a related field
• Demonstrated understanding of investment concepts, portfolio accounting, security types, accruals, and the impact of transactions on performance
• Strong technical proficiency with Microsoft Office applications, particularly Excel and Word
• Excellent analytical, problem-solving, and organizational skills
• Ability to collaborate effectively within a team environment while also working independently to produce scheduled and ad hoc reports; capable of managing multiple priorities concurrently
• Self-motivated with a strong willingness to learn and the ability to drive projects through to completion
• Experience with trust and fiduciary systems, operations, and investment platforms
• Familiarity with SS&C Sylvan and SS&C PORTIA strongly preferred; experience with Clearwater and Bloomberg is also highly desirable

Responsibilities

• Perform daily reconciliation of accounts and cash balances; investigate and resolve discrepancies and overdrafts
• Complete internal and external client requests and support the firm’s RFP processes
• Produce ongoing and ad hoc reporting as needed
• Establish new accounts, process account terminations, and manage asset transfers
• Prepare and deliver customized client reporting on a daily, weekly, monthly, and quarterly basis
• Collaborate closely with custodians, trade support, portfolio managers, and client service teams to resolve issues and support operational processes

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level