Global Structured Finance Account Administrator 2

Us Bank; Saint Paul (MN); On-site; USD 71,000 - 84,000; Full time

Benefits offered by this job

Healthcare

401(k) plan

Paid vacation

Holidays

Parental leave

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a detail-oriented Structured Finance professional to oversee cash and collateral management for complex structured finance transactions.

This role involves monitoring balances, managing triggers, approving lien releases, valuing assets and collateral, and ensuring accounts are funded per governing trust documents. The successful candidate will interpret financing agreements, collaborate with specialized teams, and provide meaningful reporting and quality metrics to support

Qualifications

• Bachelor's degree in finance or equivalent work experience.
• Four to seven years of related work experience.
• Strong knowledge of structured finance and accounting principles.

Responsibilities

• Oversee cash and collateral activities for structured finance transactions.
• Monitor investment balances and trigger events, approve lien releases, value assets and collateral, and ensure proper funding of accounts in accordance with governing trust documents.
• Interpret financing documents to determine timing of cash and asset movements and maintain internal controls.

Skills

Structured finance knowledge

Financial analysis

Microsoft Office

Cash flow calculations

Risk management

Customer service

Bondmaster

SEI

Access Control Server (ACS)

Education

Bachelor's degree in finance

Tools

Bondmaster

SEI

ACS (Access Control Server)

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

We are seeking a detail-oriented Structured Finance professional to oversee cash and collateral management activities for complex structured finance transactions. This role is responsible for monitoring investment balances, managing trigger events, approving lien releases, valuing assets and collateral, and ensuring accounts are funded in accordance with governing trust documents. The successful candidate will interpret financing agreements to determine the proper timing and movement of cash and assets, collaborate with specialized teams to support account management activities, and provide meaningful reporting and quality metrics. This position plays a key role in risk management by ensuring compliance with legal requirements, maintaining strong internal controls, and safeguarding the integrity of transaction and collateral management processes.

Job Description:

• Responsible for cash and collateral activities for structured finance transactions.
• Monitors investment balances and trigger events, approves lien releases, values assets and collateral, and ensures proper funding of accounts in compliance with governing trust documents.
• Uses financing documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements.
• Interacts with specialized units to provide meaningful quality measurements to Account Manager to ensure that cash and asset management procedures are followed.
• Ensures risk management procedures are maintained and document legal requirements are satisfied.

Basic Qualifications:

• Bachelor's degree in finance, or equivalent work experience
• Four to seven years of related work experience

Preferred Skills/Experience:

• Thorough knowledge of structured finance transactions, investments, accounting principles, and loan servicing operations
• Ability to interpret transaction documents
• Proficient computer skills, especially Microsoft Office applications
• Well-developed ability to create spreadsheets for simple cash flow calculations
• Strong analytical and problem-solving skills
• Excellent customer service skills
• Experience with Bondmaster, SEI and Access Control Server (ACS) preferred

This role requires working from a U.S. Bank location three (3) or more days per week. Standard hours of this position are Monday-Friday, 9:00am-5:00pm

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 theE-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: $71,400.00 - $84,000.00

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.