Custody Operations Analyst 1

U.S. Bank • Milwaukee, WI

2d • $60,435 - $71,100 • Onsite

About The Position

This role supports the Free Movement and Settlement Team, a specialized operations group responsible for the back-office settlement of securities moving into and out of U.S. Bank. The team serves as the final operational checkpoint for receiving assets onto the platform and delivering them when requested. The work is highly operational, transaction-focused, and non-client-facing. Team members rotate across several operational functions that support different securities movement workflows, providing a broad opportunity to learn multiple aspects of custody operations.

Requirements

• Two or more years of related experience.
• Strong proficiency in Microsoft Excel and other analytical tools.
• Ability to quickly learn custody operations systems, procedures, products, and services.
• Strong analytical, problem-solving, and decision-making skills.
• Demonstrated ability to prioritize competing tasks and meet deadlines.
• Ability to work independently while collaborating effectively within a team environment.
• Strong organizational skills and attention to detail.
• Excellent verbal and written communication skills.
• Flexibility, adaptability, and a willingness to learn in a dynamic environment.
• Banking, financial services, or investment operations experience is helpful but not required. Candidates from a variety of professional backgrounds will be considered if they demonstrate strong analytical and operational capabilities.

Nice To Haves

• Bachelor's degree.
• Understanding of regulatory and accounting principles affecting Wealth Management & Investment Services.
• Project management experience or the aptitude to develop project ownership skills.

Responsibilities

• Manage and oversee WMIS client accounts and products while ensuring operational accuracy and risk mitigation.
• Perform back-office securities settlement activities associated with assigned operational workflows.
• Process daily transactions within established service-level agreements and operational deadlines.
• Monitor activity, research issues, resolve exceptions, and handle escalations.
• Respond to internal inquiries and communicate processing status updates.
• Balance daily production responsibilities with project-related assignments.
• Support process improvements, operational efficiency initiatives, and risk-control activities.
• Collaborate with teammates while demonstrating the ability to work independently.
• Assist with special projects and act as a subject matter resource within assigned areas.
• Deliver a high level of service while maintaining accuracy and compliance with established procedures.

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: Entry Level
• Education Level: Associate degree