Middle Office Deal Administrator Manager - Collateralized Loan Obligation

US Bank; Chicago (IL); Hybrid; USD 118,000 - 144,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Pension/retirement plan

Paid vacation

11 paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank Global Corporate Trust Services is seeking a seasoned leader to oversee CLO cash processing, analytics, and client service across our operations teams.

This role requires a Bachelor's degree, 6+ years in banking operations, and at least 2 years of management experience; strong Excel skills and regulatory knowledge are essential.

The position is based in the U.S. Bank network with hybrid work expectations, and pays a market salary with a comprehensive benefits package.

Qualifications

• Bachelor's degree or equivalent work experience.
• Six or more years of experience in banking operations, sales, compliance/law, accounting, and/or customer service.
• Two or more years of management experience.

Responsibilities

• Oversee CLO cash processing operations and related analytics.
• Lead and develop trust services teams across operations, compliance, sales, and relationship management.
• Provide leadership on sales processes and customer calling programs.

Skills

Leadership

Management experience

Analytical skills

Client-facing communication

Education

Bachelor's degree or equivalent

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

U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices. The Collateralized Loan Obligation (CLO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles that issue both debt and equity liabilities, the proceeds of which are used to buy a portfolio of collateral such as syndicated bank loans, corporate bonds, ABS, MBS, CMBS and Mezzanine debt.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Six or more years of experience in banking operations, sales, compliance/law, accounting, and/or customer service
• Two or more years of management experience

Preferred Skills/Experience

• In-depth experience with CLO cash processing
• Proficiency with Microsoft Excel tools and formulas
• Excellent client-facing communication skills
• Thorough knowledge of the Trust division, its products, processes, and related bank and regulatory regulations
• Ability to effectively manage large trust unit functions in operations, processes, compliance, sales, and relationship management
• Ability to provide leadership and guidance on sales processes and customer calling programs
• Strong management skills to include planning, budgeting, and people management
• Sound analytical and problem-solving skills

This position is not eligible for visa sponsorship.

This role requires working from a U.S. Bank location three (3) or more days per week.

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 .

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: $117,630.00 - 143,770.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employm