Corporate Trust Financial Management Analyst 3

About the Role

U.S. Bank is hiring a Corporate Trust Financial Management Analyst to support our Global Corporate Trust Escrow business line. This role is responsible for cash and asset management of trust accounts, including monitoring and investment of balances, valuations of assets and collateral, and proper funding of accounts in compliance with governing trust documents.

Responsibilities

• Uses contractual documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements.
• Prepares trust accounting system (SWP) entries, reconciles accounts, maintains accounts from inception until termination, and performs other account transaction duties.
• Interacts with specialized units to provide meaningful quality measurements to relationship specialists to ensure that cash and asset management procedures are followed and document legal requirements are met.
• Engages in daily direct customer interaction via phone and email.
• Works in a fast-paced, individualized environment.
• Reads and interprets governing documents and analyzes required functionality to adhere to legal and procedural requirements.
• Demonstrates flexibility with work hours when short notice is required.

Qualifications

• Associate's degree or technical education, or equivalent work experience.
• Two to three years of related experience.

Skills

• Working knowledge of investments, accounting transactions, and client service.
• Ability to review and interpret contractual documents to decipher all aspects of cash and asset transactions relating to the account.
• Ability to perform mathematical calculations, including percentages and pro rata breakdowns.
• Well-developed analytical and problem-solving skills.
• Proficient computer navigation skills using a variety of software packages, including Microsoft Excel.
• Systems experience with Trust Accounting systems preferred.

Location Expectations

This role offers a hybrid/flexible schedule, with an in-office expectation of 3 or more days per week and the flexibility to work remotely for the other days. The position is based at West Side Flats, Saint Paul, MN.

Schedule

• 8:00 AM - 5:00 PM CST.
• Hybrid: 3 days (flexible) in office; 2 days remote.

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 $64,855.00 - $76,300.00, 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).