U.S. Bank
Trust Reporting Analyst – U.S. Bank
U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. We serve clients through trustee, agency, escrow, document custody and money‑market issuing services across 48 domestic offices and three international offices. Our Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups provide services on structured finance vehicles that issue both debt and equity liabilities, using proceeds to acquire portfolios of syndicated bank loans, corporate bonds, ABS, MBS, CMBS and mezzanine debt.
Job Description This role focuses on trust reporting, which requires review of dealing documents, setup of cash‑flow priorities, collection of periodic asset activity data, reporting to bondholders, and, when required, trust tax reporting.
Essential Functions
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.
Makes tax elections, files for EINs and tracks residual holder transfers as required.
Performs portfolio compliance tests on structured fixed‑income deals (trade testing).
Compiles monthly, quarterly and annual payment and/or tax reports.
Coordinates with operations teams to ensure correct payments are received and made.
Performs quality‑control review of reports, meeting timeliness and accuracy standards.
Maintains frequent interaction with asset managers, investors, auditors and rating agencies.
Basic Qualifications
Bachelor’s degree in business, finance, economics, accounting or related field, or equivalent work experience.
Less than two 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.
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.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
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.
Seniority Level
Entry level
Employment Type
Full‑time
Job Function
Research, Analyst, and Information Technology
Banking
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Job Description This role focuses on trust reporting, which requires review of dealing documents, setup of cash‑flow priorities, collection of periodic asset activity data, reporting to bondholders, and, when required, trust tax reporting.
Essential Functions
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.
Makes tax elections, files for EINs and tracks residual holder transfers as required.
Performs portfolio compliance tests on structured fixed‑income deals (trade testing).
Compiles monthly, quarterly and annual payment and/or tax reports.
Coordinates with operations teams to ensure correct payments are received and made.
Performs quality‑control review of reports, meeting timeliness and accuracy standards.
Maintains frequent interaction with asset managers, investors, auditors and rating agencies.
Basic Qualifications
Bachelor’s degree in business, finance, economics, accounting or related field, or equivalent work experience.
Less than two 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.
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.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
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.
Seniority Level
Entry level
Employment Type
Full‑time
Job Function
Research, Analyst, and Information Technology
Banking
#J-18808-Ljbffr