Trust Reporting Analyst

U.S. Bank National Association • Charlotte, NC

1d

About The Position

U.S. Bank Global Corporate Trust Services is a leading provider of corporate trust services globally, serving clients with trustee, agency, escrow, document custody, and money market issuing services through its extensive network of domestic and international offices. Within this division, the Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups specialize in structured finance vehicles. These groups provide services for vehicles that issue debt and equity liabilities, using the proceeds to acquire a diverse portfolio of collateral. The Trust Reporting function is a key part of these services, involving the thorough review of deal documents, establishment of cashflow priorities, collection of periodic asset activity data, reporting to bondholders, and handling trust tax reporting when necessary.

Requirements

• Bachelor’s degree in business, finance, economics, accounting or related field, or equivalent work experience
• Two to three years of relevant work experience
• Ability to identify and resolve exceptions and to interpret data
• Effective interpersonal, verbal and written communication skills
• Ability to perform multiple tasks and meet established deadlines in a dynamic working environment with minimal supervision
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Nice To Haves

• Working knowledge of CLO's, syndicated bank loans, fixed income securities, securitization, trading or mutual funds

Responsibilities

• Reading and interpreting trust indentures with respect to reporting requirements.
• Translating indenture language into technical report specifications and setting up payment calculations across internal systems.
• Receiving, mapping, and reconciling periodic collateral data.
• Making tax elections, filing for EINs, and tracking residual holder transfers as needed.
• Performing portfolio compliance and trade testing for selected structured fixed income deals.
• Preparing monthly, quarterly, and annual payment and/or tax reports.
• Coordinating with operations teams to ensure accurate payment receipt and disbursement.
• Conducting quality control reviews to ensure report accuracy and timeliness.
• Maintaining interaction with asset managers, investors, auditors, and rating agencies.

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