Structured Finance Analyst - CDO Cash Operations

U.S. Bank • Saint Paul, MN

79d • $24 - $32

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 Department: Wealth, Corporate, Commercial and Institutional Banking (WCIB) Operations - Corporate Trust - Product Operations GSF/CDO Cash Operations Responsible for cash and asset management of trust accounts including monitoring overdrafts and uninvested cash, funding of accounts in compliance with governing trust documents, and disbursing funds payable to certificate holders and other parties. 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 to fund authorized disbursements or other account transaction duties. May interact with specialized units to provide meaningful quality measurements to internal partners to ensure that cash and asset management procedures are followed, and legal documentation requirements are met. Involves a moderate to high level of customer interaction.

Requirements

• Associate's degree or technical education, or equivalent work experience.
• Two to three years of related experience.
• Thorough understanding of simple to complex accounting transactions.
• Proven commitment to quality customer service.
• Ability to interpret transaction and/or distribution documents.
• Ability to calculate percentages and ratios without instructions or formulas provided.
• Well-developed analytical and problem-solving skills.
• Proficient computer navigation skills using a variety of software packages including Microsoft Excel.
• Systems experience with Trust Accounting and Bond Accounting systems preferred.

Responsibilities

• Responsible for cash and asset management of trust accounts including monitoring overdrafts and uninvested cash.
• Funding of accounts in compliance with governing trust documents.
• Disbursing funds payable to certificate holders and other parties.
• Interpreting the amount and timing of cash and asset movements using bond financing documents.
• Preparing trust accounting system entries to fund authorized disbursements or other account transaction duties.
• Interacting with specialized units to provide meaningful quality measurements to internal partners.
• Ensuring that cash and asset management procedures are followed and legal documentation requirements are met.

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
• Education Level: Associate degree
• Number of Employees: 5,001-10,000 employees