Custody Operations Analyst 1

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

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a professional in the Complex Assets team to support institutional custody clients and alternative asset holdings. You will review financial statements, manage client statements, and handle cash movements related to trade settlements.

The role requires strong analytical and communication skills, with a focus on accuracy and regulatory awareness. 基础 qualifications include 2+ years in related operations and a bachelor’s in finance, accounting, or related field.

Qualifications

• Two or more years of related operations, banking, finance, accounting, reconciliation, or customer service experience.
• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field.
• Knowledge of custody operations, wealth management products, operational systems, procedures, and services.
• Proficiency with Microsoft Office applications, particularly Excel.

Responsibilities

• Obtain and review financial statements for institutional custody clients.
• Support client statement activity and cash movements related to trade settlements.
• Process capital calls and ensure accurate posting and reconciliation of client transactions.
• Assist with transaction processing, reconciliations, and cash management as needed.

Skills

Custody operations

Analytical skills

Regulatory knowledge

Excel proficiency

Communication skills

Education

Bachelor’s degree in Finance, Accounting, Business or related field

Tools

Microsoft Excel

Financial 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

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.

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.

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: $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.

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.