Securitization Analyst

U.S. Bank • Minneapolis, MN

3d • 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. U.S. Bank is seeking a Securitization Analyst to support the Balance Sheet Market Execution (BSME) team. BSME centralizes the market execution of balance sheet optimization activity across the bank, including securitizations, forward flow arrangements, loan sales, and Significant/Credit Risk Transfer (SRT/CRT) transactions. In this role, you will join a high-performing team responsible for the full transaction lifecycle—from strategy and structuring through closing—and support post-close monitoring, investor/management reporting, and ongoing program maintenance. You will partner closely with cross-functional stakeholders (Accounting Policy, Treasury/ALM, Risk, Finance, Legal, Tax, Operations, Servicing, and business lines) and, as needed, external parties (e.g., rating agencies, trustees, underwriters, counsel). The ideal candidate brings strong quantitative skills, excellent execution discipline, and the ability to translate complex portfolio and transaction analysis into clear insights and decision-ready materials.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, Mathematics, Statistics, or a related quantitative discipline.
• Typically 3-5 years of relevant experience in structured finance, securitization, capital markets, banking/treasury, portfolio analytics, credit/risk analytics, or related fields.

Nice To Haves

• Working knowledge of securitization / structured finance concepts such as SPV/issuer mechanics, collateral eligibility, credit enhancement, triggers, excess spread, waterfall concepts and structural protections, transaction lifecycle and closing deliverables (data tape/strats, reporting requirements, coordination of stakeholders)
• Familiarity with balance sheet optimization activity including securitizations, forward flow, loan sales, and/or SRT/CRT.
• Advanced Excel skills.
• Experience with Bloomberg a plus.
• Experience with Intex a plus.
• Experience with one or more of: auto, mortgage, credit card, fund finance, and/or large / SME corporate portfolios.
• Self-motivated, highly detail-oriented, and committed to accuracy.
• Strong communication skills—able to translate complex analysis into clear business insight.
• Proven ability to work in a fast-paced, time-sensitive environment and manage multiple deadlines.
• Strong continuous-improvement mindset with a focus on process efficiency and control.
• Familiarity with bank balance sheets and capital rules (e.g., RWA methodologies, capital relief mechanics)

Responsibilities

• Support Deal Managers in executing transactions from conception through closing, including timelines, deliverables, and internal approvals.
• Build and maintain deal support materials such as data tapes, collateral stratifications, assumptions packages, and exhibits.
• Coordinate with internal partners (Legal, Tax, Accounting Policy, Risk, Operations, Servicing) to ensure alignment on structure, accounting treatment, operational readiness, and closing requirements.
• Perform loan-level and portfolio-level analysis to evaluate performance and identify capacity for balance sheet optimization activity.
• Analyze trends and historical performance, including (as applicable): delinquencies, roll rates, defaults, losses and recoveries prepayments, seasoning, and vintage performance behavior concentration monitoring, eligibility testing, and collateral migration
• Support cash flow / structural analysis and scenario testing (where applicable), including stress/sensitivity analysis and documentation of assumptions.
• Develop clear visualizations and dashboards (Power BI preferred) for senior management, governance committees, and transaction monitoring.
• Drive continuous improvement by identifying opportunities to streamline reporting, automate recurring analysis, and strengthen data governance.
• Work to proactively identify optimization opportunities within existing portfolios on the Bank’s balance sheet.

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