Escrow & Trust Cash Operations Analyst

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

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Pregnancy and parental leave

401(k) retirement plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is looking for a Cash and Asset Management professional in the Global Corporate Trust unit to oversee escrow accounts and client interactions.

The role emphasizes accuracy in cash movements, documentation, and timely communication with clients by email and phone. Responsibilities include processing disbursements, reconciling balances, and ensuring compliance with trust documents and internal controls.

Qualifications

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

Responsibilities

• Manage cash and asset activity for trust and escrow accounts, including monitoring balances, investments, asset and collateral valuations, and proper account funding in compliance with governing trust documents.
• Use bond financing documents and internal controls to determine the amount and timing of cash and asset movements.
• Prepare trust accounting system entries, calculate and execute debt retirements, and complete account transaction duties.
• Process escrow disbursement requests, including client callbacks to verify wire instructions and required client confirmations.
• Research account or cash-related issues and respond to client requests through email and telephone communication.
• Prioritize scheduled and on-demand work based on client importance, transaction value, and internal service level expectations.
• Interact with specialized units to support quality measurements for account managers and help ensure procedures and legal document requirements are met.

Skills

Banking experience

Cash management

Customer communication

Excel proficiency

Trust/Bond systems

Attention to detail

Education

Associate's degree or technical education

Tools

Microsoft Excel

Trust Accounting systems

Bond Accounting systems

Job description

U.S. Bank is looking for a Cash and Asset Management professional in the Global Corporate Trust unit to oversee escrow accounts and client interactions.

The role emphasizes accuracy in cash movements, documentation, and timely communication with clients by email and phone. Responsibilities include processing disbursements, reconciling balances, and ensuring compliance with trust documents and internal controls.