Trade Services Representative
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. This role 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. The representative is responsible for operational support and processing for various types of security trades including alternative investments, foreign and/or domestic debt and equity securities, derivatives, foreign currency, and mutual funds. They research failed trades to ensure timely delivery or receipt of trade and support internal operational teams with knowledge of trade activity, failed trades, and overdraft situations. The position requires following 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 OR Three to five years of related industry or function experience
Nice To Haves
- Thorough knowledge of trust 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
- Familiarity with Bloomberg, including data analysis, reporting, and research tools
Responsibilities
- Maintains high levels of customer expectations with both internal and external clients
- Monitors and processes 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, derivatives, foreign currency, 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
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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
