Trust Reporting Analyst - Collateralized Loan Obligation (multiple levels)

U.S. Bank•Chicago, IL

3d•$75,905 - $89,300•Hybrid

About The Position

U.S. Bank Global Corporate Trust Services provides trustee, agency, escrow, document custody, and money market issuing services. Its Collateralized Loan Obligation (CLO) and Global Structured Finance groups service structured finance vehicles backed by collateral such as syndicated bank loans, corporate bonds, ABS, MBS, CMBS, and mezzanine debt. The CLO Trust Reporting Analyst role has multiple levels and is open to candidates with at least two years of experience. The successful candidate will be hired at the level that aligns with their experience. The position supports trust reporting by interpreting deal documents, setting up cashflow priorities and calculations, collecting periodic asset activity data, and reporting to bondholders, including trust tax reporting when required. The role requires working from a U.S. Bank location three or more days per week. It is not eligible for visa sponsorship.

Requirements

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

Nice To Haves

Basic understanding of syndicated bank loans, fixed income securities, securitization, trading, or mutual funds.

Responsibilities

Read and interpret trust indentures to identify reporting requirements.
Create technical report specifications based on indenture language.
Set up payment calculations in in-house systems.
Receive, map, and reconcile periodic collateral data.
Make tax elections, file for EINs, and track residual holder transfers when required.
Perform portfolio compliance tests on selected structured fixed income deals (trade testing).
Compile monthly, quarterly, and annual payment and/or tax reports.
Coordinate with operations teams to ensure payments are correctly received and made.
Conduct quality control reviews of reports to meet timeliness and accuracy standards.
Interact frequently with asset managers, investors, auditors, and rating agencies.

Benefits

Healthcare, including medical, dental, and vision coverage.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.