CLO Reporting Analyst

Job Description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.

U.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 Debt Obligation (CDO) 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. Proceeds of these vehicles are used to buy a portfolio of collateral such as syndicated bank loans, corporate bonds, ABS, MBS, CMBS and mezzanine debt. These services include Trust Reporting, which requires review of the deal documents, set up of cashflow priorities, collection of periodic asset activity data, reporting to bondholders, and, when required, trust tax reporting.

• Read and interpret trust indentures with regard to reporting requirements.
• Create technical report specifications from indenture language.
• Set up payment calculations in a variety of in-house systems.
• Receive, map and reconcile periodic collateral data.
• Make tax elections, file for EINs, and track residual holder transfers.
• Perform portfolio compliance tests on a selection of structured fixed‑income deals (trade testing).
• Compile monthly, quarterly and annual payment and/or tax reports.
• Coordinate with operations teams to ensure correct payments are received and made.
• Perform quality control review of reports, meeting timeliness and accuracy standards.
• Maintain frequent interaction with asset managers, investors, auditors and rating agencies.

• Bachelor’s degree in business, finance, economics, accounting or related field, or equivalent work experience.
• Five to six years of relevant work experience.

• Thorough understanding of syndicated bank loans, fixed‑income securities, securitization, trading or mutual funds.
• Ability to identify and resolve exceptions and to interpret data.
• Effective interpersonal, verbal and written communication skills.
• Ability to perform multiple tasks and meet established deadlines in a dynamic working environment with minimal supervision.
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications.

• 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 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. The E‑Verify program is an Internet‑based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E‑Verify program.

Pay Range: $ – $. 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).

U.S. Bank will…