Senior CLO Deal Administrator Wire Approver

U.S. Bank National Association • Saint Paul, MN

2d • Hybrid

About The Position

Join a global leader in corporate trust services and build hands-on experience supporting complex, high-impact financial transactions. This role sits within U.S. Bank’s Collateralized Loan Obligation (CLO) group, where you will help manage the movement of cash and assets that support sophisticated investment structures. Whether you are looking to deepen your expertise or grow into structured finance, this role offers meaningful exposure, collaboration, and development.
U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices.
The CLO group is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose between a variety of risk return options.
Key Responsibilities include: supporting wire approval activities for CLO deal transactions, monitoring investment balances and trigger events, valuing assets and collateral, and ensuring accounts are properly funded in accordance with governing trust documents. This role uses financing documents and internal control mechanisms to interpret the timing and amounts of cash and asset movements. The position also collaborates with specialized units to provide meaningful quality measurements, ensuring wire management procedures are consistently followed, while maintaining risk management practices and confirming that legal and documentation requirements are satisfied.

Requirements

• Bachelor's degree in finance, or equivalent work experience
• Five to eight years of related work experience

Nice To Haves

• Working knowledge of CLO transactions, investments, accounting principles, and loan servicing operations
• Ability to interpret transaction documents
• Proficient computer skills, especially Microsoft Office applications
• Ability to create spreadsheets for simple cash flow calculations
• Strong accuracy, analytical, and problem-solving skills
• Excellent customer service skills
• Experience with Arcaria, SWP, CDO Suite preferred

Responsibilities

• supporting wire approval activities for CLO deal transactions
• monitoring investment balances and trigger events
• valuing assets and collateral
• ensuring accounts are properly funded in accordance with governing trust documents
• uses financing documents and internal control mechanisms to interpret the timing and amounts of cash and asset movements
• collaborates with specialized units to provide meaningful quality measurements
• ensuring wire management procedures are consistently followed, while maintaining risk management practices and confirming that legal and documentation requirements are satisfied

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
• Number of Employees: 501-1,000 employees