Global Market Specialist

U.S. Bank; Boston (MA); Hybrid; USD 118,000 - 139,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance (basic term)

Short-term and long-term disability

Parental leave

401(k)

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a senior subject-matter expert within the Fund Custody team to guide clients through complex global markets, cross-border custody matters, and market events.

You will translate market, regulatory, legal, tax, and operational developments into clear client guidance, coordinate with onboarding, risk, legal, and operations teams, and lead remediation for recurring client challenges.

Qualifications

• Associate’s degree or equivalent work experience.
• 8–10 years in institutional trust or financial services.

Responsibilities

• Serve as senior client-facing SME for complex global markets and cross-border matters.
• Translate market and regulatory developments into concise client guidance and actions.
• Coordinate documentation and implementation activities among clients, custodians, operations, risk, legal, and compliance partners.
• Participate in client reviews, onboarding, conversions, and major market-change initiatives.

Skills

Global custody

Market knowledge

Client relationships

Cross-border servicing

Education

Associate’s degree or equivalent

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.

Embedded within the Fund Custody team, serves as the primary client-facing subject-matter expert for complex global markets, cross-border custody matters, and significant market events. Acts as the bridge between technical market expertise and the client relationship by translating market, regulatory, legal, tax, and operational developments into clear client impacts, options, recommended actions, and expectations. Provides timely insight and practical guidance regarding market entry, account opening, registration, documentation, settlement practices, tax considerations, regulatory requirements, local market conventions, sanctions, sub-custodian matters, and market disruptions. Proactively leads market-event communications and coordinates across clients, relationship teams, onboarding, operations, product, network management, risk, legal, compliance, tax, and sub-custodian partners to evaluate requirements, resolve complex issues, and support successful market activation. Serves as a senior escalation point for cross-border servicing issues and recurring operational challenges, identifies systemic themes across clients, and drives remediation with the appropriate product or operations owner. Participates in client reviews, prospect discussions, onboarding, conversions, and major market-change initiatives. Recommends solutions consistent with governing agreements, applicable laws and regulations, and U.S. Bank policies and procedures.

Basic Qualifications

• Associate’s degree, or equivalent work experience


• Typically eight to 10 years of job-related experience, preferably in institutional trust and/or financial industry

Preferred Skills/Experience

• Advanced knowledge of global custody, foreign market account opening, market registration, settlement practices, tax documentation, global tax reclamation, and cross-border servicing requirements


• Strong ability to interpret complex market, regulatory, legal, and operational requirements and convert them into concise, client-ready guidance


• Experience coordinating documentation and implementation activities among clients, custodians, sub-custodians, operations, network management, risk, legal, and compliance partners


• Ability to assess market readiness, identify risks and dependencies, and recommend practical solutions with minimal guidance


• Strong research and analytical skills, including the ability to monitor market developments and evaluate client and operational impacts


• Excellent interpersonal, consultative, presentation, verbal, and written communication skills


• Demonstrated ability to manage multiple complex market initiatives, deadlines, and stakeholder expectations


• Proven ability to build trusted relationships with clients and serve as an escalation point for complex cross-border questions


• Experience developing market guides, client communications, procedures, training materials, or other knowledge resources


• Demonstrated leadership, collaboration, and knowledge-sharing skills

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. 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: $117,725.00 - $138,500.00

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.

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.