Trust Reporting Manager

U.S. Bank • Boston, MA

18h • Hybrid

About The Position

U.S. Bank Global Corporate Trust Services is a leading provider of corporate trust services globally, offering trustee, agency, escrow, document custody, and money market issuing services through numerous domestic and international offices. The Trust Reporting Manager will lead and manage a team of Corporate Trust Analysts to achieve organizational goals. This role involves developing and maintaining unit policies and procedures, creating training initiatives, hiring and training staff, setting and monitoring performance goals, coaching employees, and recognizing performance. The manager will also prepare and review management and exception reports. Additionally, they may collaborate with Business Development Officers, counsel, and Relationship Managers on evaluating new business opportunities for complex structures and serve as a subject matter expert for specific deal types, servicers, or technical areas. A key responsibility is creating and ensuring the quality and timeliness of investor reports for highly complex structured finance instruments.

Requirements

• Bachelor's degree (Finance preferred), or equivalent work experience
• Four to six years of related work experience, preferably in the fixed income industry with math, finance, computer science, and/or accounting

Nice To Haves

• Thorough knowledge of most types of structured finance transaction documentation, policies, and procedures
• Working knowledge of the Global Structured Finance or Collateralized Debt Obligations unit and division, its products, processes, and related bank and regulatory regulations
• Experienced in structured finance transactions, investments, accounting principles, loan servicing operations, and fixed income systems
• Proven customer service skills
• Excellent written and verbal communication skills for both an internal and external audience
• Proficient management skills to include planning and people management
• Strong analytical and problem-solving skills

Responsibilities

• Leadership and overall management of a team of Corporate Trust Analysts.
• Develop and maintain unit policies, procedures, and training initiatives.
• Hire and train staff, establish and monitor performance goals, coach employees, and recognize and reward performance results.
• Prepare and review management and exception reports.
• Manage operations, processes, and compliance issues.
• Work with Business Development Officers, counsel, and Relationship Managers on new business opportunity evaluation of moderately complex structures.
• Serve as a resource for peers and a subject matter expert in specific deal types, servicers, or technical areas.
• Create and/or assure quality and timeliness of investor reports of various structured finance instruments of the highest level complexity.

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
• Incentive and recognition programs
• Equity stock purchase
• 401(k) contribution and pension

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees