Custody Operations Specialist (multiple levels)

U.S. BankSaint Paul, MN
Hybrid

About The Position

This requisition supports hiring across multiple teams within Wealth, Corporate, Commercial, and Institutional Banking Operations (WCIBO). Qualified candidates may be considered for a range of similar roles and will be aligned to the opportunity that best matches their skills, experience, and overall fit. This role has multiple levels, open to candidates with two to five years of operations experience. The successful candidate will be hired for the level of the position that aligns with their experience. Please note that the salary range provided corresponds to the lowest level of the position posted. The Custody Operations Specialist is responsible for the operational support and processing of Wealth, Corporate, Commercial, and Institutional Banking (WCIB) client accounts and products of various types and sizes established by clients for various purposes. Accountable for setting up securities, general account and asset level maintenance with some level of supervision. Responsibilities have various levels of risk correlating to the type and size of account or product. Effectively and accurately coordinate, manage and complete multiple duties and assignments concurrently and within acceptable timelines. Understands and achieves established Service Level Agreements. Accountable for compliance with established department policies and procedures.

Requirements

  • Associate's degree, or equivalent work experience OR High school diploma or equivalent and two or more years of relevant experience
  • Two to five years of operations experience

Nice To Haves

  • Basic understanding of regulatory and accounting principles which directly affect Wealth, Corporate, Commercial, and Institutional Banking business lines and clients
  • Ability to quickly learn custody operational functions, systems, procedures, various products and/or services, for assigned area(s)
  • Ability to multitask and meet established deadlines in a dynamic work environment
  • Demonstrated analytical, problem-solving, decision-making, and organizational skills
  • Effective customer relations, interpersonal, and verbal and written communication skills
  • Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Responsibilities

  • Setting up securities, general account and asset level maintenance with some level of supervision.
  • Effectively and accurately coordinate, manage and complete multiple duties and assignments concurrently and within acceptable timelines.
  • Understand and achieve established Service Level Agreements.
  • Accountable for compliance with established department policies and 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
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