Trade Services Representative

U.S. Bank•Minneapolis, MN

2d•Hybrid

About The Position

Maintains high levels of customer expectations with both internal and external clients, while monitoring and processing daily trade activity consistent with U.S. Bank policies. Responsible for operational support and processing for various types of security trades including alternative investments, foreign and/or domestic debt and equity securities, and mutual funds. Researches failed trades to ensure timely delivery or receipt of trade. Supports internal operational teams with knowledge of trade activity, failed trades, and overdraft situations. Follows strict internal guidelines to mitigate processing errors, and trade order errors as these may result in a monetary risk and/or reputation risk to the bank.

Requirements

Bachelor's degree in accounting or finance, or equivalent work experience
Three to five years of related industry or function experience

Nice To Haves

Thorough knowledge of Fixed-Income and Equity trading and securities operational functions, systems, procedures, various products and/or services supported by the assigned area(s)
Ability to perform multiple tasks concurrently and meet established deadlines in a dynamic work environment
Strong analytical, problem-solving, decision-making, and organizational skills
Strong customer service skills, interpersonal, verbal and written communication skills
Must be able to work in a team environment
Thorough understanding of regulatory and accounting principles which directly affect Wealth Management & Securities Services business lines and clients
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications and Bloomberg

Responsibilities

Monitors and processes daily trade activity consistent with U.S. Bank policies.
Provides operational support and processing for various types of security trades including alternative investments, foreign and/or domestic debt and equity securities, and mutual funds.
Researches failed trades to ensure timely delivery or receipt of trade.
Supports internal operational teams with knowledge of trade activity, failed trades, and overdraft situations.
Follows strict internal guidelines to mitigate processing errors and trade order errors.

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
Incentive and recognition programs
Equity stock purchase
Pension