CLO Trust Reporting Analyst

Us Bank; Charlotte (NC); On-site; USD 65,000 - 90,000; Full time

Job summary

U.S. Bank is seeking a CLO Trust Reporting Analyst 2 to support Trust Reporting duties for collateralized debt obligations and structured finance vehicles. You will read indentures, set up payment calculations, map data, and oversee tax elections and transfers across our in-house systems.

Ideal candidates hold a Bachelor’s degree in business, finance, economics, accounting or related field and have 2–3 years of relevant experience. The role requires working from a U.S.

Qualifications

• Bachelor’s degree in business, finance, economics, accounting or related field.
• Two to three years of relevant work experience.
• Experience with interpreting indentures and reporting processes is a plus.

Responsibilities

• 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; perform tax elections and track transfers.
• Coordinate with operations teams to ensure correct payments are received and made.

Education

Bachelor’s degree in business, finance, economics, accounting or related field

Job description

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. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. 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. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices.

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles that issue both debt and equity liabilities, the proceeds of which are used to buy a portfolio of collateral such as syndicated bank loans, corporate bonds, ABS, MBS, CMBS and Mezzanine debt. These services include Trust Reporting, which requires review of the deal documents, set up of cashflow priorities, collection of periodic asset activity data, reporting to bondholders, and when required, trust tax reporting. Essential functions of the CLO Trust Reporting Analyst 2 include: 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. As required, make tax elections, file for EIN’s, and track residual holder transfers.

Additionally, the CLO Trust Reporting Analyst 2 will perform portfolio compliance tests on a selection of structured fixed income deals (trade testing). Compile monthly, quarterly and annual payment and/or tax reports. Coordinates with operations teams to ensure correct payments are received and made. Perform quality control review of reports, meeting timeliness and accuracy standards. 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

• 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 to interpret data

• Effective interpersonal, verbal and written communication skills

• Ability to perorm 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

This position is not eligible for visa sponsorship.

This role requires working from a U.S. Bank location three (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and