CLO Deal Administrator Trust Manager - Internal Oversight

CLO Deal Administrator Trust Manager
- Internal Oversight

U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services worldwide. Through 48 domestic offices and three international offices, we deliver trustee, agency, escrow, document custody, and money market issuing services to a diverse global client base.

The CLO Deal Administrator Trust Manager
- Internal Oversight leads a team responsible for oversight, reporting, and controls within the CLO Deal Administration organization. This team oversees cash and asset activity by monitoring, researching, resolving, and reporting exceptions/breaks. Team members conduct daily cash analysis to ensure client funds remain balanced and properly safeguarded.

The Internal Oversight team supports regulatory reporting, metrics oversight, and the SOC1 control environment. In this role, the manager oversees performance goals, provides employee coaching, and recognizes strong results. The position also involves preparing and reviewing management and exception reports, serving as a resource for complex issue resolution, and managing the unit budget through revenue growth, cost control, and expense reduction.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Five or more years of experience in banking operations, sales, compliance/law, accounting, and/or customer service
• Minimum one year of management experience

Preferred Skills/Experience

• Experience with client and operating overdrafts, uninvested cash monitoring, reporting, and compensation analysis
• Thorough knowledge of the Trust division, its products, processes, and related bank and regulatory regulations
• Prior experience with trust systems such as Arcaria, SWP in addition to Hogan DDA
• Experience with design and oversight of control functions
• Ability to effectively manage less complex Trust unit functions in operations, processes, analysis, and compliance
• Strong management skills to include planning, budgeting, and people management
• Excellent written and verbal communication skills
• Sound analytical and problem-solving skills

Location Expectations The 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.

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:

• 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

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.

Pay Range: $98,280.