Corp Trust Finl Mgmt Analyst 3

US Bank; Saint Paul (MN); On-site; USD 65,000 - 76,000; Full time

Benefits offered by this job

Healthcare

401(k)

Paid vacation

Sick leave

Adoption assistance

Pay holidays

Job summary

U.S. Bank is seeking a professional to manage cash and asset movements for trust accounts within the Global Corporate Trust unit. You will interpret bond financing documents, calculate transactions, and prepare entries to ensure compliance with governing documents.

The role requires 2–3 years of related experience and an associate’s degree or technical education. Proficiency in Excel and familiarity with trust/bond accounting systems are preferred.

Qualifications

• Associate's degree or technical education, or equivalent work experience required.
• Two to three years of related experience.
• Preferred: knowledge of investments, accounting transactions and client service.
• Ability to interpret bond financing documents and perform financial calculations.
• Proficient Excel skills; familiarity with Trust and Bond accounting systems.

Responsibilities

• Manage cash and asset movements for trust accounts and ensure compliance with governing documents.
• Prepare trust accounting entries and execute debt retirements.
• Coordinate with specialized units to provide quality measurements and meet legal requirements.
• Interacting with clients may be involved.

Skills

Investments knowledge

Bond accounting

Analytical skills

Excel

Client service

Mathematical calculations

Education

Associate's degree or technical education, or equivalent work experience

Tools

Trust accounting systems

Bond accounting systems

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

This position works within the Global Corporate Trust business unit and is responsible for cash and asset management of trust accounts including monitoring and investment of balances, valuations of assets and collateral, and the proper funding of accounts in compliance with governing trust documents. Uses bond financing documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements. Prepares trust accounting system entries, calculating and executing debt retirements, and other account transaction duties. Interacts with specialized units to provide meaningful quality measurements to account managers to ensure that cash and asset management procedures are followed, and legal document requirements are met. May also involve some direct client interaction.

Basic Qualifications

• Associate's degree or technical education, or equivalent work experience
• Two to three years of related experience

Preferred Skills/Experience

• Working knowledge of investments, accounting transactions, and client service
• Ability to interpret bond financing documents to decipher all aspects of cash and asset transactions relating to the account
• Ability to perform mathematical calculations which can include percentages, ratios, and bond interest as applicable
• Well-developed analytical and problem-solving skills
• Proficient computer navigation skills using a variety of software packages including Microsoft Excel
• Systems experience with Trust Accounting and Bond Accounting systems preferred

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 .

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

Review our full benefits available by employment status here .

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.

E-Verify

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. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $64,855.00 - $76,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S.