Trust Reporting Analyst - Collateralized Loan Obligation (multiple levels)

U.S. Bank•Houston, TX

1d•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 serve structured finance vehicles that issue debt and equity liabilities to acquire portfolios of collateral. Trust Reporting work includes reviewing deal documents, establishing cashflow priorities, collecting periodic asset activity data, reporting to bondholders, and, when required, preparing trust tax reports. The CLO Trust Reporting Analyst role has multiple levels and is open to candidates with at least two years of experience. The hiring level will align with the candidate’s experience. The role supports structured fixed-income deals through reporting, payment calculations, data reconciliation, compliance testing, and quality control. It requires regular collaboration with operations teams and frequent interaction with asset managers, investors, auditors, and rating agencies. The position requires working from a U.S. Bank location three or more days per week and 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 perform multiple tasks and meet established deadlines in a dynamic environment with minimal supervision.
Proficient computer navigation skills using a variety of 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 a variety of in-house systems.
Receive, map, and reconcile periodic collateral data.
Make tax elections, file for EINs, and track residual holder transfers as required.
Perform portfolio compliance tests, including trade testing, on selected structured fixed-income deals.
Compile monthly, quarterly, and annual payment and/or tax reports.
Coordinate with operations teams to ensure correct payments are received and made.
Review reports for quality control and meet timeliness and accuracy standards.
Interact with asset managers, investors, auditors, and rating agencies.

Benefits

Healthcare benefits, 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 an 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 program.
Pension.