Corporate Trust Financial Management Analyst 3

U.S. Bank; Saint Paul (MN); Hybrid; USD 65,000 - 76,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

Up to 11 paid holidays

Disability insurance

Parental leave

Job summary

U.S. Bank in Saint Paul, MN is hiring a Corporate Trust Financial Management Analyst to support the Global Corporate Trust Escrow line. Responsibilities include cash and asset management, valuation of assets and collateral, and proper funding in line with governing trust documents.

The role offers a hybrid/flexible schedule with in-office expectations and remote days. Requires 2–3 years of related experience and an Associate's degree or technical education, plus strong Excel and trust accounting

Qualifications

• Associate's degree or technical education or equivalent work experience.
• Two to three years of related experience.
• Working knowledge of investments, accounting transactions, and client service.

Responsibilities

• Uses contractual documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements
• Prepares trust accounting system (SWP) entries, reconciles accounts, maintains account from inception until termination, and other account transaction duties
• Interacts with specialized units to provide meaningful quality measurements to relationship specialists to ensure that cash and asset management procedures are followed and document legal requirements are met
• Daily direct customer interaction via phone and email
• Works in a fast paced individualized environment
• Reads and interprets governing documents as well as analyzes what functionality we are required to adhere to
• Having the flexibility on work hours when work calls for it with short notice

Skills

Investments knowledge

Accounting transactions

Client service

Contractual documents interpretation

Mathematical calculations

Analytical skills

Excel proficiency

Trust accounting systems

Education

Associate's degree or technical education

Tools

Microsoft Excel

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 is hiring a Corporate Trust Financial Management Analyst to support our Global Corporate Trust Escrow business line and is responsible for cash and asset management of trust accounts including monitoring and investment of balances, valuations of assets and collateral, and proper funding of accounts in compliance with governing trust documents.

Additional Responsibilities

• Uses contractual documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements
• Prepares trust accounting system (SWP) entries, reconciles accounts, maintains account from inception until termination, and other account transaction duties
• Interacts with specialized units to provide meaningful quality measurements to relationship specialists to ensure that cash and asset management procedures are followed and document legal requirements are met
• Daily direct customer interaction via phone and email
• Works in a fast paced individualized environment
• Reads and interprets governing documents as well as analyzes what functionality we are required to adhere to
• Having the flexibility on work hours when work calls for it with short notice

Basic Qualifications

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

Skills/Experience

• Working knowledge of investments, accounting transactions, and client service
• Ability to review and interpret contractual documents to decipher all aspects of cash and asset transactions relating to the account
• Ability to perform mathematical calculations which can include percentages and pro rata breakdowns
• 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 systems preferred

Location Expectations

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

Schedule

8:00am - 5:00pm CST

Hybrid

3 days (flexible) in office; 2 days remote

Location

West Side Flats Saint Paul, MN

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. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.