Custody Operations Analyst 1

Us Bank; Earth City (MO); On-site; USD 60,000 - 71,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability benefits

Parental leave

Retirement plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a professional to support the Complex Assets team in institutional custody and wealth management operations. The role involves reviewing financial statements, supporting client statements, and handling cash movements related to trade settlements and capital calls.

The ideal candidate will have 2+ years in banking or financial operations, strong analytical abilities, and good Excel skills, with the capacity to manage multiple priorities in a fast-paced environment.

Qualifications

• Two or more years of related operations, banking, finance, accounting, reconciliation, or customer service experience.
• Excellent verbal and written communication skills.
• Strong analytical, problem-solving, decision-making, and organizational skills.
• Proficiency with Microsoft Office applications, particularly Excel.

Responsibilities

• Obtain and review financial statements and support client statement activity.
• Manage cash movements related to trade settlements and process capital calls.
• Ensure accurate posting and reconciliation of client transactions.

Skills

Operations experience

Analytical skills

Communication skills

Excel proficiency

Education

Finance/Accounting/Economics degree

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

The Complex Assets team supports institutional custody clients and alternative asset holdings. Responsibilities include obtaining and reviewing financial statements, supporting client statement activity, managing cash movements related to trade settlements, processing capital calls, and ensuring accurate posting and reconciliation of client transactions.

Basic Qualifications

• Two or more years of related operations, banking, finance, accounting, reconciliation, or customer service experience.

Preferred Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field.
• Knowledge of, or the ability to quickly learn, custody operations, wealth management products, operational systems, procedures, and services.
• Strong analytical, problem-solving, decision-making, and organizational skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Excellent verbal and written communication skills.
• Understanding of regulatory and accounting principles affecting Wealth Management & Investment Services business lines and clients.
• Proficiency with Microsoft Office applications, particularly Excel.
• Experience with transaction processing, reconciliations, cash management, wire processing, or financial operations is 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:

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 your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• 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.

Pay Range: $60,435.00 - $71,100.00

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.