Corp Trust Financial Mgmnt Analyst

About the Role

This position works within the Global Corporate Trust business unit and is responsible for cash and asset management of trust accounts, including monitoring and investment of balances, valuations of assets and collateral, and the proper funding of accounts in compliance with governing trust documents. Uses bond financing documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements. Prepares trust accounting system entries, calculates and executes debt retirements, and performs other account transaction duties. Interacts with specialized units to provide meaningful quality measurements to account managers to ensure that cash and asset management procedures are followed, and legal document requirements are met. May also involve some direct client interaction.

Responsibilities

• Manage cash and assets for trust accounts, including monitoring and investment of balances.
• Perform valuations of assets and collateral.
• Ensure proper funding of accounts in compliance with governing trust documents.
• Interpret bond financing documents to determine cash and asset movements.
• Prepare trust accounting system entries and execute debt retirements.
• Calculate and perform other account transaction duties.
• Collaborate with specialized units to provide quality measurements to account managers.
• Ensure compliance with legal document requirements.
• Engage in direct client interaction as needed.

Requirements

• Associate's degree or technical education, or equivalent work experience.
• Less than two years of related experience.

Preferred Skills & Experience

• Working knowledge of investments, accounting transactions, and client service.
• Ability to interpret bond financing documents to decipher cash and asset transactions.
• Proficiency in performing mathematical calculations, including percentages, ratios, and bond interest.
• Well-developed analytical and problem-solving skills.
• Proficient computer navigation skills using software packages like Microsoft Excel.
• Systems experience with Trust Accounting and Bond Accounting systems preferred.

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 for this role is $24.18 - $32.21 per hour, based on the primary location. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, and 401(k) contribution and pension (all benefits are subject to eligibility requirements).