Bond Redemption Operations Specialist

U.S. Bank; Saint Paul (MN); Hybrid; USD 33,000 - 44,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

11 paid holidays

Adoption assistance

Paid sick leave

Job summary

U.S. Bank in Saint Paul, MN, is seeking a junior specialist to support the Redemptions Team in cash and asset management for trust accounts. The role involves processing debt retirements, preparing accounting entries, and meeting redemption deadlines across corporate and municipal bonds.

We value applicants with an Associate’s degree or equivalent, attention to detail, and proficiency in Excel. Expect a hybrid work arrangement requiring three days on-site.

Qualifications

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

Responsibilities

• Manage cash and asset movements in trust accounts and ensure proper funding.
• Prepare trust accounting entries and compute debt retirements.
• Support redemption processing with deadlines and workflow.
• Interact with account managers and other units to ensure compliance.
• May involve direct client interaction.

Skills

Investments knowledge

Attention to detail

Excel proficiency

Organization skills

Data entry

Education

Associate’s degree or technical education

Tools

Excel

Trust Accounting systems

Bond Accounting systems

Job description

U.S. Bank in Saint Paul, MN, is seeking a junior specialist to support the Redemptions Team in cash and asset management for trust accounts. The role involves processing debt retirements, preparing accounting entries, and meeting redemption deadlines across corporate and municipal bonds.

We value applicants with an Associate’s degree or equivalent, attention to detail, and proficiency in Excel. Expect a hybrid work arrangement requiring three days on-site.