Job DescriptionJoin a global leader in corporate trust services and build hands-on experience supporting complex, high-impact financial transactions. This role sits within U.S. Bank's Collateralized Loan Obligation (CLO) group, where you will help manage the movement of cash and assets that support sophisticated investment structures. Whether you are looking to deepen your expertise or grow into structured finance, this role offers meaningful exposure, collaboration, and development.
The CLO group is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose between a variety of risk return options.
Key Responsibilities include: supporting wire approval activities for CLO deal transactions, monitoring investment balances and trigger events, valuing assets and collateral, and ensuring accounts are properly funded in accordance with governing trust documents. This role uses financing documents and internal control mechanisms to interpret the timing and amounts of cash and asset movements. The position also collaborates with specialized units to provide meaningful quality measurements, ensuring wire management procedures are consistently followed, while maintaining risk management practices and confirming that legal and documentation requirements are satisfied.
Basic Qualifications:- Bachelor's degree in finance, or equivalent work experience
- Five to eight years of related work experience
Preferred Skills/Experience:- Working knowledge of CLO transactions, investments, accounting principles, and loan servicing operations
- Ability to interpret transaction documents
- Proficient computer skills, especially Microsoft Office applications
- Ability to create spreadsheets for simple cash flow calculations
- Strong accuracy, analytical, and problem-solving skills
- Excellent customer service skills
- Experience with Arcaria, SWP, CDO Suite preferred
Location/Shift ExpectationsThe role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. Office location is in St. Paul, MN. The shift time is 9am -5:30pm CT.
**This position is not eligible for visa sponsorship.**
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: $81,515.00 - $95,900.00
Posting may be closed earlier due to high volume of applicants. 
