Trust Reporting Analyst 1

U.S. Bank•Chicago, IL

About The Position

U.S. Bank Global Corporate Trust Services provides trustee, agency, escrow, document custody, and money market issuing services. Its Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups support structured finance vehicles that issue debt and equity liabilities to acquire collateral portfolios, including syndicated bank loans, corporate bonds, ABS, MBS, CMBS, and mezzanine debt. The Trust Reporting Analyst supports trust reporting by reviewing deal documents, establishing cashflow priorities, collecting periodic asset activity data, reporting to bondholders, and completing trust tax reporting when required. The role interprets trust indentures and reporting requirements, develops technical report specifications, sets up payment calculations, reconciles collateral data, prepares reports, coordinates payments, and reviews reporting for accuracy and timeliness. The analyst interacts regularly with asset managers, investors, auditors, and rating agencies.

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.

Nice To Haves

Basic understanding of syndicated bank loans, fixed income securities, securitization, trading, or mutual funds.
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 working environment with minimal supervision.
Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications.

Responsibilities

Read and interpret trust indentures with regard to reporting requirements.
Create technical report specifications from indenture language.
Set up payment calculations in a variety of in-house systems.
Receive, map, and reconcile periodic collateral data.
When required, 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 correct payments are received and made.
Perform quality control review of reports, meeting timeliness and accuracy standards.
Interact frequently with asset managers, investors, auditors, and rating agencies.

Benefits

Healthcare coverage, including medical, dental, and vision.
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 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.