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Trust Reporting Analyst 2 - Boston, MA (Hybrid) or Remote

Location
Jefferson City, Missouri
Job Type
Permanent
Posted
30 Jul 2022
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, were one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Job Description

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.

Essential functions include: 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 EINs, 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.

Basic Qualifications
  • Bachelors degree in business, finance, economics, accounting or related field, or equivalent work experience
  • Two to three years of relevant work experience
Preferred Skills/Experience
  • 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
  • Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
If theres anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants () .

Benefits:

Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.

Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting .

EEO is the Law

Applicants can learn more about the companys status as an equal opportunity employer by viewing the federal EEO is the Law () poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program () .

Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $73,695.00 - $86,700.00 - $95,370.00

Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.

U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

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Details

  • Job Reference: 671939032-2
  • Date Posted: 30 July 2022
  • Recruiter: U.S. Bank
  • Location: Jefferson City, Missouri
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent