Deal Reporting Services Manager - CLO Deal Administration

U.S. Bank • Boston, MA

1d • 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. Job Description CLO Deal Administration is seeking a Deal Reporting Services Manager (DRS Manager) to lead Deal Administration teams across multiple hub locations, supporting Broadly Syndicated Loans and Specialty products. This role reports to the Head of CLO Deal Administration and is responsible for driving operational excellence, performance management, and strategic execution across several functional units. Key Responsibilities The DRS Manager provides leadership to five or more teams, ensuring alignment with unit and divisional objectives. This role oversees and enhances policies, procedures, and training programs, partnering closely with internal business units to promote consistency and best practices. The manager is accountable for meeting and exceeding service level agreements (SLAs), monitoring performance metrics related to par and cash reporting, and establishing and tracking operational benchmarks. In addition, the DRS Manager: Coaches, develops, and recognizes employees to drive high performance and engagement Prepares, reviews, and analyzes management and exception reporting Serves as a subject matter expert for complex operational and reporting issues Manages the unit budget with a focus on revenue growth, cost control, scalability, and expense reduction

Requirements

• Bachelors degree in finance, accounting, banking or similar field, OR equivalent experience.
• 10+ years CLO deal administration experience.
• 7+ years managing teams

Nice To Haves

• Considerable technical expertise and knowledge of the CLO division, its products, processes, and related bank and regulatory regulations
• Ability to effectively manage the most complex trust unit functions in operations, processes, compliance, sales, and relationship management
• Ability to provide expert leadership and guidance on sales processes and customer calling programs
• Superior risk management skills
• Strong management skills to include planning, budgeting, and people management
• Excellent written and verbal communication skills
• Sound analytical and problem-solving skills

Responsibilities

• Provides leadership to five or more teams, ensuring alignment with unit and divisional objectives
• Oversees and enhances policies, procedures, and training programs, partnering closely with internal business units to promote consistency and best practices
• Accountable for meeting and exceeding service level agreements (SLAs), monitoring performance metrics related to par and cash reporting, and establishing and tracking operational benchmarks
• Coaches, develops, and recognizes employees to drive high performance and engagement
• Prepares, reviews, and analyzes management and exception reporting
• Serves as a subject matter expert for complex operational and reporting issues
• Manages the unit budget with a focus on revenue growth, cost control, scalability, and expense reduction

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: Manager