Structured Finance Analyst - Wealth Operations
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 We welcome forward-thinkers like you U.S. Bank is hiring a Structured Finance Analyst to support our Corporate Trust Global Structured Finance Cash Ops team. This individual will be responsible for the following: 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. What we are looking for: We are looking for someone who is dependable and punctual, with a good work ethic. We are looking for someone who is comfortable with a dynamic schedule and shifting responsibilities. We are looking for someone with a positive attitude and pays attention to details. We are looking for someone who has the willingness to learn and take on new task and challenges as needed. What's in it for you: Be a part of a team that values reliability, accuracy, and professionalism. Gain on hands experience across multiple tasks and build valuable operational skills. Enjoy a Monday- Friday, daytime schedule- no late nights or week required. Work alongside a supportive, and motivated colleagues who share your commitment to getting the job done right. Embrace a dynamic role where no two days are exactly the same- your flexibility and adaptability will shine. If you enjoy a role that is face paced and challenging- this role is for you.
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
Nice To Haves
- Systems experience with Trust Accounting and Bond Accounting systems preferred
Responsibilities
- 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.
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
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
Number of Employees
5,001-10,000 employees
