Corporate Trust Financial Analyst

U.S. Bank • Charlotte, NC

1d • Hybrid

About The Position

This position works within the Global Corporate Trust business unit and is responsible for cash and asset management of trust accounts including monitoring and investment of balances, valuations of assets and collateral, and the proper funding of accounts in compliance with governing trust documents. Uses bond financing documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements. Prepares trust accounting system entries, calculating and executing debt retirements, and other account transaction duties. Interacts with specialized units to provide meaningful quality measurements to account managers to ensure that cash and asset management procedures are followed, and legal document requirements are met. May also involve some direct client interaction.

Requirements

• Associate's degree or technical education, or equivalent work experience
• Less than two years of related experience
• Proficient computer navigation skills using a variety of software packages including Microsoft Excel

Nice To Haves

• Working knowledge of investments, accounting transactions, and client service
• Ability to interpret bond financing documents to decipher all aspects of cash and asset transactions relating to the account
• Ability to perform mathematical calculations which can include percentages, ratios, and bond interest as applicable
• Well-developed analytical and problem-solving skills
• Systems experience with Trust Accounting and Bond Accounting systems preferred

Responsibilities

• Monitoring and investment of balances in trust accounts.
• Valuations of assets and collateral.
• Proper funding of accounts in compliance with governing trust documents.
• Interpreting bond financing documents to determine cash and asset movements.
• Preparing trust accounting system entries.
• Calculating and executing debt retirements.
• Performing other account transaction duties.
• Interacting with specialized units to provide quality measurements to account managers.
• Ensuring cash and asset management procedures are followed.
• Ensuring legal document requirements are met.
• Direct client interaction (may be involved).

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
• Number of Employees: 5,001-10,000 employees