Syndicate Middle-Office Associate

U.S. Bank; Charlotte (NC); On-site; USD 119,286,000 - 159,116,000; Full time

Benefits offered by this job

Healthcare

401(k)

Paid vacation

11 paid holidays

Adoption assistance

Job summary

U.S. Bank is seeking a Syndicate & Brokered CD Middle Office Associate in Charlotte to support post-trade processing for debt capital markets, including trade capture, allocations, settlement, reconciliations and P&L validation.

You will partner with Syndicate, Trading, Sales, Operations, Finance, Technology and external counterparties to ensure accuracy and timely settlement in a fast-paced environment. The role demands a bachelor's degree (or equivalent), 1–3 years in capital markets or middle

Qualifications

• Bachelor's degree or equivalent combination of education and relevant work experience.
• 1-3 years of experience in capital markets, fixed income trading support, middle office, operations, or a related financial services environment.
• Familiarity with DirectBooks or similar new issue syndication platforms is preferred.
• Strong analytical and problem-solving capabilities with exceptional attention to detail.
• Ability to manage multiple priorities and operate effectively in a fast-paced, deadline-driven environment.
• Strong verbal and written communication skills with the ability to interact effectively across business and operational teams.
• Experience investigating and resolving operational breaks and exceptions.
• Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
• Familiarity with Bloomberg and fixed income market data platforms is beneficial.
• FINRA SIE, Series 7, and Series 63 licenses, or willingness to obtain required licenses within 120 days of hire.
• Demonstrated interest in process improvement, operational excellence, and automation initiatives.

Responsibilities

• Support the post-trade processing lifecycle for Syndicate and Brokered CD transactions from execution through settlement.
• Serve as a primary point of contact between trading, sales, operations, finance, and external counterparties.
• Monitor and resolve trade exceptions, settlement discrepancies, and reconciliation breaks in a timely manner.
• Validate trade allocations, trade economics, and position accuracy across internal systems.
• Assist with daily profit and loss (P&L) reconciliation and reporting processes.
• Support new issue syndicate transactions, including order management, allocations, and settlement coordination.
• Participate in the development and enhancement of operational controls, procedures, and process improvements.

Skills

Analytical skills

Attention to detail

Communication skills

Multitasking

Education

Bachelor's degree or equivalent

Tools

Excel

Bloomberg

DirectBooks

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 Syndicate & Brokered CD Middle Office Associate is responsible for providing day-to-day middle office support for U.S. Bancorp Investments Inc.'s Debt Capital Markets Syndicate and Brokered CD trading businesses. The successful candidate will partner closely with Syndicate, Trading, Sales, Operations, Finance, Technology, and external counterparties to ensure the accurate processing and settlement of fixed income transactions. Responsibilities span the full trade lifecycle, including trade capture, allocations, confirmations, settlement management, reconciliations, exception resolution, and P&L validation. This role requires a highly organized, detail-oriented professional who is comfortable working in a deadline-driven trading environment. The ideal candidate will demonstrate strong analytical and problem-solving skills, a willingness to challenge and improve existing processes, and the ability to manage multiple priorities simultaneously while maintaining a high degree of accuracy.

Primary Responsibilities

• Support the post-trade processing lifecycle for Syndicate and Brokered CD transactions from execution through settlement.
• Serve as a primary point of contact between trading, sales, operations, finance, and external counterparties.
• Monitor and resolve trade exceptions, settlement discrepancies, and reconciliation breaks in a timely manner.
• Validate trade allocations, trade economics, and position accuracy across internal systems.
• Assist with daily profit and loss (P&L) reconciliation and reporting processes.
• Support new issue syndicate transactions, including order management, allocations, and settlement coordination.
• Participate in the development and enhancement of operational controls, procedures, and process improvements.
• Identify operational risks and elevate issues appropriately to management.
• Contribute to strategic initiatives focused on automation, scalability, and operating efficiency.
• Maintain a strong control environment while delivering a high level of service to both internal and external stakeholders.

Basic Qualifications

• Bachelor's degree or equivalent combination of education and relevant work experience.
• 1-3 years of experience in capital markets, fixed income trading support, middle office, operations, or a related financial services environment.

Preferred Qualifications

• Understanding of fixed income products, debt capital markets, syndicate activities, and trade lifecycle management.
• Experience supporting syndicate, debt issuance, brokered CD, fixed income sales, trading, or operations functions.
• Familiarity with DirectBooks or similar new issue syndication platforms is preferred.
• Strong analytical and problem-solving capabilities with exceptional attention to detail.
• Ability to manage multiple priorities and operate effectively in a fast-paced, deadline-driven environment.
• Strong verbal and written communication skills with the ability to interact effectively across business and operational teams.
• Experience investigating and resolving operational breaks and exceptions.
• Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
• Familiarity with Bloomberg and fixed income market data platforms is beneficial.
• FINRA SIE, Series 7, and Series 63 licenses, or willingness to obtain required licenses within 120 days of hire.
• Demonstrated interest in process improvement, operational excellence, and automation initiatives.

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: $41.63 - $55.53

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.