Custody Income Ops Pro - Reconciliation & Support

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

Job summary

U.S. Bank is seeking a Custody Operations Analyst to ensure accurate processing and reconciliation of income-related financial transactions.

You will investigate discrepancies, resolve exceptions, and partner with internal teams to maintain client account integrity and operational efficiency. Key responsibilities include reconciling federal income and securities transactions, processing ACH and wire income payments, researching cash and asset exceptions, and communicating findings clearly across

Qualifications

• Two years or more of related experience.
• Bachelor's degree preferred or required for the role.
• Knowledge of custody operational functions is a plus.

Responsibilities

• Ensure accurate processing and reconciliation of income-related transactions.
• Investigate discrepancies, resolve exceptions, and liaise with internal teams.
• Reconcile income transactions for federal income and securities.
• Process income payments via ACH and wire transfers.
• Respond to inquiries from account administrators, brokers, and trade reps.
• Collaborate with Corporate Actions, Asset File, Trade Services, and other teams.
• Maintain client account integrity and meet service level commitments.

Skills

Analytical thinking

Attention to detail

Communication skills

Problem-solving

Education

Bachelor's degree

Tools

Excel

Job description

U.S. Bank is seeking a Custody Operations Analyst to ensure accurate processing and reconciliation of income-related financial transactions.

You will investigate discrepancies, resolve exceptions, and partner with internal teams to maintain client account integrity and operational efficiency. Key responsibilities include reconciling federal income and securities transactions, processing ACH and wire income payments, researching cash and asset exceptions, and communicating findings clearly across