At U.S. Bank, we strive for excellence and are dedicated to empowering our clients and businesses in making informed financial decisions. We are committed to community growth and success and believe in harnessing the unique potential of every individual to help us achieve our shared goals. A career with U.S. Bank opens the door to a wide range of opportunities for personal and professional development, where you can explore new roles, build new skills, and identify your strengths from Day One.
Job Overview
The Collateralized Loan Obligation Group (CLO) plays a vital role in our Global Corporate Trust and Custody team. CLOs are specialized financial instruments that utilize the issuance of both debt and equity to finance a diverse portfolio of assets, including syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Our investors appreciate a variety of risk-return options.
Your key responsibilities will include:
Settling bond and bank loan trades while investing surplus cash as directed by the Portfolio Manager.
Accurately recording cash inflow and outflow transactions related to the portfolio.
Tracking key asset metrics such as accrual data, ratings, and industry classifications.
Generating and presenting detailed reports to clients on a daily, monthly, and quarterly basis.
Assisting Analysts with necessary reporting to investors.
Ensuring precise and timely account activity through diligent booking and reconciliation.
Essential Qualifications
Bachelor's degree in finance or a related discipline, or equivalent professional experience.
Typically requires two to four years of relevant industry experience.
Preferred Skills and Experience
Excellent organizational skills with a strong attention to detail.
Basic abilities in indenture interpretation and analytical thinking.
Strong verbal and written communication skills.
Ability to manage multiple priorities and meet deadlines effectively.
Aptitude for identifying issues and interpreting data for effective resolutions.
Proficient in computer navigation across various software platforms, particularly Microsoft Office applications.
We are committed to providing reasonable accommodations for applicants with disabilities throughout the application and hiring process. If you need accommodations, please let us know.
Benefits:
Our benefits package is designed to support the overall well-being of our team members and their families, helping them thrive both at work and in their personal lives. Benefits may vary based on role, location, or hours worked, and include:
Comprehensive healthcare options (medical, dental, vision).
Life insurance options.
Short-term and long-term disability coverage.
Parental leave and pregnancy disability support.
401(k) plan with employer contributions.
Paid vacation ranging from two to five weeks based on tenure and salary grade.
Generous holiday leave up to 11 paid opportunities.
Support for adoption expenses.
Sick and Safe Leave accruals of one hour for every 30 hours worked, capped at 80 hours annually unless required otherwise by law.
U.S. Bank is an equal opportunity employer, welcoming all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other protected factors 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. Learn more about the E-Verify program through our career site. The listed salary range reflects figures based on the primary location and may differ based on the actual location of the role. In addition to salary, U.S. Bank offers an extensive benefits package that includes incentive programs, equity stock purchase options, and retirement plans (subject to eligibility). Salary Range: $31.30 - $41.73 U.S. Bank is willing to consider qualified applicants who have arrest or conviction records. Background checks will be conducted in accordance with applicable local laws and regulations. Note:
This posting may close earlier than planned due to high application volumes.
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. Learn more about the E-Verify program through our career site. The listed salary range reflects figures based on the primary location and may differ based on the actual location of the role. In addition to salary, U.S. Bank offers an extensive benefits package that includes incentive programs, equity stock purchase options, and retirement plans (subject to eligibility). Salary Range: $31.30 - $41.73 U.S. Bank is willing to consider qualified applicants who have arrest or conviction records. Background checks will be conducted in accordance with applicable local laws and regulations. Note:
This posting may close earlier than planned due to high application volumes.