Job DescriptionU.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.
The
CLO Middle Office Deal Administrator Trust Manager leads a trust unit or units within the organization and acts to meet unit and divisional objectives. This leader will develop and maintain unit policies, procedures, and training initiatives, hire and train staff, establish and monitor performance goals, coach employees, and recognize and reward performance results. The role prepares and reviews management and exception reports, serves as an expert resource for complex problem solving, and manages the unit budget by increasing revenue, controlling costs, and reducing expenses.
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.
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.
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
Posting may be closed earlier due to high volume of applicants.