Trust Reporting Analyst - Collateralized Loan Obligation

U.S. Bank•Boston, MA

16d•Hybrid

About The Position

The Trust Reporting Analyst supports Collateralized Loan Obligation (CLO) and other structured finance vehicles within U.S. Bank Global Corporate Trust Services. These vehicles issue debt and equity securities backed by portfolios such as syndicated bank loans, corporate bonds, and other asset-backed securities. The analyst performs trust reporting, collateral data reconciliation, compliance testing, and investor reporting, applying trust indentures and other legal documents to reporting and compliance requirements. The role involves managing multiple complex transactions in a fast-paced environment and provides exposure to CLO and CDO products. The position is based in Boston, Massachusetts, with a hybrid/flexible schedule requiring at least three days per week in the office. The role is not eligible for visa sponsorship and does not support STEM OPT.

Requirements

Bachelor’s degree in business, finance, economics, accounting, or a related field, or equivalent work experience.
Less than two years of relevant work experience.
Strong analytical skills and attention to detail, including the ability to interpret data and identify discrepancies or exceptions.
Effective interpersonal, verbal, and written communication skills.
Ability to work independently while managing multiple priorities and deadlines in a dynamic environment.
Strong organizational and time-management skills.
Proficiency with Microsoft Office applications, including Outlook, Teams, and Excel.
Intermediate Excel skills, including pivot tables and XLOOKUP for reconciliation and analysis.

Nice To Haves

Basic understanding of syndicated bank loans, fixed income securities, securitization structures, trading, or mutual funds.
Familiarity with CDO or structured finance systems.

Responsibilities

Read, interpret, and apply trust indentures and related legal documents to determine reporting and compliance requirements.
Translate indenture language into technical report specifications and cash flow logic.
Set up and maintain payment calculations and reporting structures within proprietary systems.
Receive, map, reconcile, and validate periodic collateral and asset activity data.
Perform portfolio compliance and trade testing on structured fixed income deals, as required.
Compile and deliver monthly, quarterly, and annual investor, payment, and/or tax reports.
Make tax elections, apply for EINs, and track residual holder transfers when required.
Coordinate with internal operations teams to ensure accurate and timely receipt and distribution of cash flows.
Conduct quality control reviews to ensure reports meet accuracy and timeliness standards.
Interact with asset managers, clients, investors, auditors, rating agencies, and internal middle-office and cash administration teams.
Liaise with third-party administrators and internal U.S. Bank administration teams managing cash accounts.
Provide timely data and reporting deliverables to clients and external auditors.
Run daily, monthly, and quarterly reports; reconcile data across sources and resolve exceptions.
Send reporting outputs and data packages to clients.
Manage approximately 10 active deals simultaneously.
Communicate by phone, email, and in person with internal teams, clients, and external auditors.

Benefits

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