CLO Middle Office Reporting Analyst - Lead

U.S. Bank National Association•Boston, MA

2d•Onsite

About The Position

U.S. Bank Global Corporate Trust Services is a leading provider of corporate trust services globally, serving clients through 48 domestic and three international offices. The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups within U.S. Bank Global Corporate Trust Services specialize in structured finance vehicles that issue debt and equity liabilities. These vehicles use proceeds to acquire collateral such as syndicated bank loans, corporate bonds, ABS, MBS, CMBS, and Mezzanine debt. The Trust Reporting function within these groups involves reviewing deal documents, establishing cashflow priorities, collecting asset activity data, reporting to bondholders, and performing trust tax reporting when necessary.

Requirements

Bachelor’s degree in business, finance, economics, accounting or related field, or equivalent work experience
Three to five years of relevant work experience
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Nice To Haves

Thorough understanding of syndicated bank loans, fixed income securities, securitization, trading or mutual funds
Ability to identify and resolve exceptions and to interpret data
Effective interpersonal, verbal and written communication skills
Ability to perform multiple tasks and meet established deadlines in a dynamic working environment with minimal supervision

Responsibilities

Read and interpret trust indentures with regard to reporting requirements.
Create technical report specifications from indenture language.
Set up payment calculations in a variety of in-house systems.
Receive, map and reconcile periodic collateral data.
As required, make tax elections, file for EIN’s, and track residual holder transfers.
As required, perform portfolio compliance tests on a selection of structured fixed income deals (trade testing).
Compile monthly, quarterly and annual payment and/or tax reports.
Coordinate with operations teams to ensure correct payments are received and made.
Perform quality control review of reports, meeting timeliness and accuracy standards.
Frequent interaction with asset managers, investors, auditors and rating agencies.

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
Incentive and recognition programs
Equity stock purchase
401(k) contribution and pension