CLO Trust Reporting Analyst

About the role

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 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 deal documents, setup of cashflow priorities, collection of periodic asset activity data, reporting to bondholders, and, when required, trust tax reporting.

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 EINs, and track residual holder transfers.
• Perform portfolio compliance tests on a selection of 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.
• Frequent interaction with asset managers, investors, auditors, and rating agencies.

Requirements

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

Skills

• 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.

This position is not eligible for visa sponsorship. This role requires working from a U.S. Bank location three (3) or more days per week.

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.

Pay

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution, and pension (all benefits are subject to eligibility requirements).

Pay Range: $66,640.00 - $78,400.00