Bond Redemption Operations Specialist

U.S. Bank; Northern (KY); Hybrid; USD 50,000 - 67,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and retirement plan

Paid vacation and holidays

Disability insurance

Parental leave

Job summary

U.S. Bank is looking for a detail-oriented professional to join the Global Corporate Trust team as part of the Redemptions group. You will manage trust accounts, process debt retirements, and ensure timely redemption activities while adhering to governing documents and controls.

The role may involve some client interaction and requires a foundational understanding of investments and accounting systems. A degree or technical training plus up to two years of related experience is expected.

Qualifications

• Associate's degree or technical education, or equivalent work experience.
• Less than two years of related experience.
• Working knowledge of investments, accounting transactions, client service, Trust Accounting, and Bond Accounting systems.
• Ability to interpret bond financing documents and perform calculations.
• Strong attention to detail and data entry accuracy.

Responsibilities

• Perform cash and asset management of trust accounts and monitor balances.
• Interpret bond financing documents to time cash/asset movements.
• Prepare trust accounting entries and execute debt retirements.
• Support redemption processing and meet due dates.
• Handle rotating redemption product types, including same-day processing when needed.
• Prioritize deadlines and provide backup support to teammates.
• Engage with units to ensure procedures and legal document requirements are met.

Skills

Investments knowledge

Bond accounting

Trust accounting

Excel proficiency

Attention to detail

Independent work

Education

Associate degree or technical education

Tools

Microsoft Excel

Bond accounting systems

Job description

U.S. Bank is looking for a detail-oriented professional to join the Global Corporate Trust team as part of the Redemptions group. You will manage trust accounts, process debt retirements, and ensure timely redemption activities while adhering to governing documents and controls.

The role may involve some client interaction and requires a foundational understanding of investments and accounting systems. A degree or technical training plus up to two years of related experience is expected.