Trust Reporting Analyst

U.S. Bank National Association • Irvine, CA

8d • $75,905 - $89,300 • Hybrid

About The Position

U.S. Bank Global Corporate Trust Services is a leading provider of corporate trust services globally, serving clients with trustee, agency, escrow, document custody, and money market issuing services through its extensive network of domestic and international offices. The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups within U.S. Bank Global Corporate Trust Services specialize in providing services for structured finance vehicles. These vehicles issue debt and equity liabilities, with proceeds used to acquire a diverse portfolio of collateral, including syndicated bank loans, corporate bonds, ABS, MBS, CMBS, and Mezzanine debt. Trust Reporting is a key function within these groups, involving the review of deal documents, establishment of cashflow priorities, collection of periodic asset activity data, reporting to bondholders, and, when necessary, 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

• Basic understanding of 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

• 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.
• As required, make tax elections, file for EIN’s, and track residual holder transfers.
• As required, perform portfolio compliance tests on a selection of structured fixed income deals (trade testing).
• Compile monthly, quarterly and annual payment and/or tax reports.
• Coordinates with operations teams to ensure correct payments are received and made.
• Perform quality control review of reports, meeting timeliness and accuracy standards.
• 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