U.S. Bank
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. A career with U.S. Bank gives you a wide, ever‑growing range of opportunities to discover what makes you thrive at every stage of your career.
Job Description U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. The position is located in Chicago, IL, and focuses on the Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups, providing services on structured finance vehicles and ensuring accurate trust reporting, compliance, and 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.
Make tax elections, file for EINs, and track residual holder transfers as required.
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.
Interact frequently with asset managers, investors, auditors and rating agencies.
Basic Qualifications
Bachelor’s degree in business, finance, economics, accounting or a related field, or equivalent work experience.
Two to three 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 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. Learn more about the E‑Verify program.
Pay Range: $81,345.00 – $95,700.00 (based on the primary location, which is listed first).
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted in accordance with applicable local laws and federal regulations, including but not limited to the Los Angeles County Fair Chance Ordinance, California Fair Chance Act, San Francisco Fair Chance Ordinance and Section 19 of the Federal Deposit Insurance Act (FDIA).
Applicants must be able to comply with U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
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Job Description U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. The position is located in Chicago, IL, and focuses on the Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups, providing services on structured finance vehicles and ensuring accurate trust reporting, compliance, and 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.
Make tax elections, file for EINs, and track residual holder transfers as required.
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.
Interact frequently with asset managers, investors, auditors and rating agencies.
Basic Qualifications
Bachelor’s degree in business, finance, economics, accounting or a related field, or equivalent work experience.
Two to three 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 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. Learn more about the E‑Verify program.
Pay Range: $81,345.00 – $95,700.00 (based on the primary location, which is listed first).
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted in accordance with applicable local laws and federal regulations, including but not limited to the Los Angeles County Fair Chance Ordinance, California Fair Chance Act, San Francisco Fair Chance Ordinance and Section 19 of the Federal Deposit Insurance Act (FDIA).
Applicants must be able to comply with U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
#J-18808-Ljbffr