Capital Markets Accounting Manager – Fixed Income

U.S. Bank; St. Louis (MO); Hybrid; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability

Parental leave

401(k)

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank Accounting Manager role focuses on supporting the accounting, financial reporting, and control environment for a clearing capital markets broker-dealer with fixed income activities.

You will manage accounting across products including trading, underwriting, securities lending, repos, and VRDN remarketing, working with front office, operations, treasury, and audit teams. Hybrid schedule with in-office 3+ days per week is required; strong broker-dealer knowledge and U.S.

Qualifications

• Bachelor's degree in accounting/finance or equivalent.
• Six or more years of accounting experience.

Responsibilities

• Oversee daily, monthly, and quarterly accounting activities for capital markets and broker-dealer products, including trade date and settlement date accounting, accruals, valuations support, and balance sheet reconciliations.
• Review accounting treatment for trading inventory, underwriting positions, financing transactions, and related revenue/expense recognition.
• Ensure completeness and accuracy of accounting for trading gains/losses, underwriting fees and deal-related revenue, interest income/expense, borrow and loan fees, and repo/reverse repo income/expense.
• Manage accounting close deliverables, journal entries, substantiations, and account reconciliations for assigned products and legal entities.
• Partner with operations and product control teams to understand end-to-end transaction flows and ensure accounting conclusions align with business activity and system processing.
• Support accounting analysis for complex transactions, new products, and non-routine events.

Skills

Accounting

GAAP

Excel

Leadership

Regulatory reporting

Education

Bachelor's degree in accounting or finance

Tools

Accounting software

Job description

U.S. Bank Accounting Manager role focuses on supporting the accounting, financial reporting, and control environment for a clearing capital markets broker-dealer with fixed income activities.

You will manage accounting across products including trading, underwriting, securities lending, repos, and VRDN remarketing, working with front office, operations, treasury, and audit teams. Hybrid schedule with in-office 3+ days per week is required; strong broker-dealer knowledge and U.S.