Corporate Trust Financial Management 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.

Responsibilities

• Manage cash and assets 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.
• Use bond financing documents and internal control mechanisms to interpret the amount and timing of cash and asset movements.
• Prepare trust accounting system entries, calculate and execute debt retirements, and perform other account transaction duties.
• Interact with specialized units to provide meaningful quality measurements to account managers, ensuring cash and asset management procedures are followed and legal document requirements are met.
• May involve some direct client interaction.

Requirements

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

Skills

• Working knowledge of investments, accounting transactions, and client service.
• Ability to interpret bond financing documents to decipher all aspects of cash and asset transactions relating to the account.
• Ability to perform mathematical calculations, including percentages, ratios, and bond interest as applicable.
• 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 and Bond Accounting systems preferred.

Location Expectations

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. Pay range: $24.18 - $32.21 per hour.