Overview
At U.S. Bank, we’re on a journey to do our best. Helping customers and businesses make better financial decisions and supporting communities to grow and succeed. A career with U.S. Bank offers opportunities to discover what makes you thrive from Day One.
Job Description The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with proceeds used to buy a portfolio of collateral. Typical collateral includes syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose among a variety of risk/return options.
Responsibilities
include: settling bond/bank loan trades and investing excess cash as directed by the Portfolio Manager; booking cash inflows/outflows to the portfolio; tracking asset attributes such as accrual information, rating, industry codes, etc.; providing reports to clients on a daily/monthly/quarterly basis; and assisting Analysts with reporting to investors. Ensure accuracy and timeliness of data through proper booking and reconciliation of account activity.
Basic Qualifications
Bachelor's degree in finance or related field, or equivalent work experience
Typically less than two years of relevant work experience
Preferred Skills/Experience
Strong organizational skills and detail-oriented
Basic indenture interpretation abilities and analytical skills
Effective verbal and written communication skills
Ability to manage multiple tasks/projects and deadlines simultaneously
Ability to identify and resolve exceptions and interpret data
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
Accommodations 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 at work and outside of work. Our benefits are designed to help you and your family boost health, protect financial security, and provide peace of mind. Benefits include:
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 holidays
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
Equal Opportunity Employment 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.
Compliance U.S. Bank participates in the 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. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location listed first. The actual range may differ based on location. 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 subject to eligibility requirements). Pay Range: $27.55 - $36.73
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted consistent with applicable local laws and federal requirements.
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.
#J-18808-Ljbffr
At U.S. Bank, we’re on a journey to do our best. Helping customers and businesses make better financial decisions and supporting communities to grow and succeed. A career with U.S. Bank offers opportunities to discover what makes you thrive from Day One.
Job Description The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with proceeds used to buy a portfolio of collateral. Typical collateral includes syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose among a variety of risk/return options.
Responsibilities
include: settling bond/bank loan trades and investing excess cash as directed by the Portfolio Manager; booking cash inflows/outflows to the portfolio; tracking asset attributes such as accrual information, rating, industry codes, etc.; providing reports to clients on a daily/monthly/quarterly basis; and assisting Analysts with reporting to investors. Ensure accuracy and timeliness of data through proper booking and reconciliation of account activity.
Basic Qualifications
Bachelor's degree in finance or related field, or equivalent work experience
Typically less than two years of relevant work experience
Preferred Skills/Experience
Strong organizational skills and detail-oriented
Basic indenture interpretation abilities and analytical skills
Effective verbal and written communication skills
Ability to manage multiple tasks/projects and deadlines simultaneously
Ability to identify and resolve exceptions and interpret data
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
Accommodations 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 at work and outside of work. Our benefits are designed to help you and your family boost health, protect financial security, and provide peace of mind. Benefits include:
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 holidays
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
Equal Opportunity Employment 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.
Compliance U.S. Bank participates in the 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. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location listed first. The actual range may differ based on location. 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 subject to eligibility requirements). Pay Range: $27.55 - $36.73
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted consistent with applicable local laws and federal requirements.
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.
#J-18808-Ljbffr