Trust Reporting Analyst

U.S. Bank • Charlotte, NC

1d • Onsite

About The Position

U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices. The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles that issue both debt and equity liabilities, the proceeds of which are used to buy a portfolio of collateral such as syndicated bank loans, corporate bonds, ABS, MBS, CMBS and Mezzanine debt. These services include Trust Reporting, which requires review of the deal documents, set up of cashflow priorities, collection of periodic asset activity data, reporting to bondholders, and when required, trust tax reporting.

Requirements

• Bachelor’s degree in business, finance, economics, accounting or related field, or equivalent work experience
• Two to three years of relevant work experience
• 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
• 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

Responsibilities

• Reading and interpreting trust indentures with respect to reporting requirements.
• Translating indenture language into technical report specifications and setting up payment calculations across a variety of 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 as required.
• Preparing monthly, quarterly, and annual payment and or tax reports.
• Coordinating closely with operations teams to ensure payments are accurately received and disbursed.
• Conducting quality control reviews to ensure reports meet accuracy and timeliness standards.
• Maintaining frequent 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: 5,001-10,000 employees