Process Operations Specialist - Swaps

US Bank • Milwaukee, WI

40d • 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. The Fund Accounting team will be moving forward with centralizing TRS processing with POST team. We are looking for a daily specialist to assist with Swap work daily for the floor. This person should be enthusiastic and willing to work thru issues. This individual should be open to testing new swap functions along with adapting to changes for swaps. Team members must allocate time and resources wisely to finish SLA's. Individuals must show ability to communicate via Teams and Email to explain requests and requirements.

Requirements

• Bachelor's degree in accounting or finance, or equivalent work experience
• Two to four years of experience in accounting or finance activities

Nice To Haves

• Daily Broker Cash Recons
• TRS security setups
• TRS trade processing
• LSL reviews
• Pricing reviews
• Establish Workstation Position Recons Removal
• Assist with setting up new recons
• Contact Clients/Broker for issues
• Prepare Dummy ETF funds for correct pricing during the evening
• If time allows, other projects or tasks will be given to the team.
• Communicate with fund accounting teams daily to alert them of the status of their fund.

Responsibilities

• Assist with Swap work daily
• Testing new swap functions
• Adapting to changes for swaps
• Allocate time and resources wisely to finish SLA's
• Communicate via Teams and Email to explain requests and requirements

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: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees